Business News

Last updated: Tuesday, October 21, 2014 5:42:13 PM

For first time in three years, car sales fall
New Delhi, Aug 11 (IANS) Domestic passenger car sales declined 1.71 percent in July to 87,724 units, reflecting the first decline in about three years, an industry report released Monday said.

Monday, August 11, 2008 7:50:00 PM

Sical starts private container train service
Chennai, Aug 11 (IANS) Sical Multimodal and Rail Transport Ltd has started its container train service between Melpakkam rail terminal in Tamil Nadu and a private rail siding at Patli near Gurgaon in Haryana, a company statement said Monday.

Monday, August 11, 2008 7:49:32 PM

Texmaco to hive off manufacturing business
Kolkata, Aug 11 (IANS) Wagon maker Texmaco Ltd plans to hive off all its manufacturing businesses into a proposed subsidiary and to raise Rs.2 billion through private equity funds, said an official here Monday.

Monday, August 11, 2008 7:49:09 PM

Trial run at Delhi airport's new runway from Aug 21
New Delhi, Aug 11 (IANS) Delhi airport's third airstrip - Asia's longest at 4,430 metres - will undergo a trial run from Aug 21, a top airport official said Monday.

Monday, August 11, 2008 7:46:28 PM

Godawari Power to invest Rs.15.7 bn in Chhattisgarh
New Delhi, August 11 (IANS) Integrated steel manufacturer Godawari Power and Ispat Ltd announced Monday that it will invest Rs.15.7 billion ($373.8 million) for setting up manufacturing facilities in Chhattisgarh.

Monday, August 11, 2008 7:45:57 PM

Cashier taken to court in fake currency notes scam
Lucknow, Aug 11 (IANS) The cashier of the State Bank of India (SBI) branch at Domariyaganj in Uttar Pradesh who was arrested for his involvement in a Rs.20 million fake currency racket was presented before a special judge of the district court handling cases of corruption here Monday, officials informed.

Monday, August 11, 2008 7:45:10 PM

Karnataka not to approve mining in forest areas
Bangalore, Aug 11 (IANS) Karnataka has decided not to approve mining in forests following a directive from the state high court.

Monday, August 11, 2008 7:41:38 PM

Chidambaram to meet bank chiefs Wednesday
New Delhi, Aug 11 (IANS) Finance Minister P. Chidambaram is expected to take stock of the farm loan waiver scheme and the performance of banks during a meeting here Wednesday with chiefs of the 28 state-owned banks in India.

Monday, August 11, 2008 6:53:59 PM

Panel unlikely to suggest changes in IIM fee hike
New Delhi, Aug 11 (IANS) Despite demands from various quarters to lower the fees in the Indian Institutes of Management (IIMs), the review committee appointed by the government to look into the issue is unlikely to suggest any change, an official said Monday.

Monday, August 11, 2008 6:51:21 PM

Assocham backs uniform land, steel plant policy across states
New Delhi, Aug 11 (IANS) Industry lobby Associated Chambers of Commerce and Industry of India (Assocham), in a representation to the Prime Minister's Office Monday, has called for a uniform policy across states for setting up steel plants.

Monday, August 11, 2008 6:23:21 PM

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