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Last updated: Thursday, April 24, 2014 2:36:19 PM

India to raise 26 percent cap in defence FDI
New Delhi, April 23 (IANS) India will raise the 26 percent cap on foreign direct investment (FDI) in the defence manufacturing sector to enable the co-development with Russia of a multi-role transport aircraft (MRTA), parliament was informed Wednesday.

Wednesday, April 23, 2008 6:54:19 PM

State Bank to provision $10 mn for sub-prime
Mumbai, April 23 (IANS) State Bank of India (SBI), the country's largest scheduled commercial bank, will provision $10 million to account for the notional losses it has suffered due to the crisis in the global financial markets, bank chairman O.P. Bhatt said Wednesday.

Wednesday, April 23, 2008 6:16:11 PM

British relators seeking Indian investments
New Delhi, April 23 (IANS) British property developers are now looking to promote and sell Britain as a viable and stable real estate market to the Indian investors.

Wednesday, April 23, 2008 6:01:31 PM

Ficci awards 11 young women achievers
New Delhi, April 23 (IANS) The Young Ficci Ladies Organisation (YFLO) awarded 11 women achievers in a star studded ceremony in the capital Wednesday, saluting their exemplary achievement in their respective fields - be it sports, journalism, fashion or business.

Wednesday, April 23, 2008 5:51:48 PM

Market ends in red after six days of gaining rally(Roundup)
Mumbai, April 23 (IANS) After six consecutive days of gaining rally, the Indian equities market Wednesday closed in red in volatile trade.

Wednesday, April 23, 2008 5:49:36 PM

Rs.5bn recycled waste-paper plant to come up in Gujarat
Ahmedabad April 23 (IANS) Pragati Papers Industries Ltd, a Delhi based firm, is putting up a Rs.5 billion recycled waste-paper plant in Gujarat.

Wednesday, April 23, 2008 5:39:03 PM

Indian equities market ends in red(Lead)
Mumbai, April 23 (IANS) The Indian equities market ended in red Wednesday. The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex) opened at 16,823.99 points and touched a high of 16,871.27 before closing at 16,698.04 points. It went down by 85.83 points at the day's close or 0.51 percent.

Wednesday, April 23, 2008 5:22:09 PM

Tata Communications launches security services applications
Mumbai April 23 (IANS) Leading wireless communications provider Tata Communications Wednesday announced the launch of its security services applications for critical business infrastructure.

Wednesday, April 23, 2008 4:05:39 PM

OPEC crude price hovers just below $110
Vienna, April 23 (DPA) The price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its climb and was hovering just below the $110 mark, OPEC said Wednesday.

Wednesday, April 23, 2008 3:28:03 PM

No need to import wheat now, says government
New Delhi, April 23 (IANS) With India battling to bring down prices, Agriculture Minister Sharad Pawar Wednesday said government agencies will procure 17 million tonnes of wheat this year, as against the target of 15 million, while ruling out the need for imports.

Wednesday, April 23, 2008 3:17:56 PM

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