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Draw for 5,010 DDA flats Tuesday
New Delhi, Dec 15 (IANS) The draw for 5,010 flats of the Delhi Development Authority (DDA) offered under its Housing Scheme 2008 will be held Tuesday.

Monday, December 15, 2008 9:04:27 PM

DLF to invest Rs.150 bn on affordable housing
New Delhi, Dec 15 (IANS) Even as the country's realty sector is facing severe fund crunch, realty major DLF Monday announced it will investment Rs.150 billion (Rs.15,000 crore) over the next three years to develop about 40,000 housing units in the mid-income category.

Monday, December 15, 2008 8:43:30 PM

HCL completes Axon acquisition
New Delhi, Dec 15 (IANS) HCL Technologies Monday announced it has successfully acquired leading UK-based SAP consulting company, Axon Group, for 440 million pounds in an all-cash deal.

Monday, December 15, 2008 8:03:04 PM

Infosys bags global services deal from UK pharma firm
Bangalore, Dec 15 (IANS) Infosys Technologies has bagged a five-year, multi-million dollar global services contract from British pharma major AstraZeneca, the IT bellwether announced here Monday.

Monday, December 15, 2008 8:02:38 PM

Chandigarh to go ahead with industrial plots' conversion
Chandigarh, Dec 15 (IANS) Having failed to get a central government response even five years after it sought permission to convert industrial plots from leasehold to freehold system, the Chandigarh administration Monday announced it will go ahead with the change in land use.

Monday, December 15, 2008 7:57:04 PM

Contempt notice issued to Central Bank managing director
New Delhi, Dec 15 (IANS) The Delhi High Court Monday issued a contempt notice against the managing director of the Central Bank of India for taking action against an official despite its stay order.

Monday, December 15, 2008 7:37:19 PM

Toyota cuts output by 30 percent, India investment plans on track
New Delhi, Dec 15 (IANS) Toyota Kirloskar Motor Ltd (TKM), a joint venture between the Japanese auto giant Toyota and the Kirloskar Group, Monday said its Rs.32-billion (Rs.3,200-crore) India investment plans were on track although the company has cut production by 30 percent in December.

Monday, December 15, 2008 7:05:10 PM

Aviation fuel prices slashed further by 11 percent
New Delhi, Dec 15 (IANS) State-run oil companies Monday cut aviation turbine fuel (ATF) prices by over 11 percent, the seventh reduction since September this year, an oil company official said.

Monday, December 15, 2008 7:04:16 PM

Apex court asks government to explain 'creamy layer' criterion
New Delhi, Dec 15 (IANS) The Supreme Court Monday asked the government to explain the decision to fix Rs.450,000 as the minimum annual income for the people among the Other Backward Classes (OBCs) to be regarded as 'creamy lawyer' or elite who would not be eligible for various benefits.

Monday, December 15, 2008 5:46:39 PM

Markets on the upswing, close stronger
Mumbai, Dec 15 (IANS) A key index of the Indian stock exchange closed higher Monday with a gain of 1.47 percent over its previous close as state-run banks cut interest rates on fresh home loans and reduced by 100 basis points the interest rates on advances taken by micro, small and medium enterprises.

Monday, December 15, 2008 5:43:43 PM

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