Business News

Last updated: Monday, December 22, 2014 10:30:04 PM

ONGC subsidiary to acquire UK firm for $1.4 bn
New Delhi, Aug 26 (IANS) ONGC Videsh Ltd (OVL), the overseas arm of India's state-owned oil and gas exploration company Oil and Natural Gas Corp, Tuesday signed a pact with UK's Imperial Energy to acquire the London stock exchange-listed firm.

Tuesday, August 26, 2008 8:08:54 PM

First Ibis hotel opens in Gurgaon
New Delhi, Aug 26 (IANS) InterGlobe Hotels, a joint venture between InterGlobe Enterprises and French hotel group Accor to develop a chain of hotels in India under the Ibis brand, has opened its first property in Gurgaon, which is fast emerging as IT and MNC hub on the national capital's outskirts.

Tuesday, August 26, 2008 8:07:13 PM

Tamil Nadu asks petroleum dealers to function as usual
Chennai, Aug 26 (IANS) The Tamil Nadu government Tuesday appealed to the petroleum dealers in the state to change their decision to keep petrol bunks closed on Sundays and after 10 p.m. on week days from Sep 15 due to supply shortage.

Tuesday, August 26, 2008 8:06:40 PM

Gujarat joins race to get Nano project
Ahmedabad, Aug 26 (IANS) Gujarat has invited Tata Motors to relocate its Rs.15-billion ($375 million) Nano Car project to the state from West Bengal, a senior government official said here Tuesday.

Tuesday, August 26, 2008 8:00:28 PM

'Economy to grow at 8-9 percent, inflation to moderate'
New Delhi, Aug 26 (IANS) Finance Minister P. Chidambaram Tuesday told heads of industry that the economy would grow eight to nine percent and inflation would start easing from October.

Tuesday, August 26, 2008 7:58:28 PM

50,000 more villages to get public phones
New Delhi, Aug 26 (IANS) An additional 50,000 villages will be provided public telephones, the government announced here Tuesday. Of India's 594,000 villages, 550,000 have telephone connections already.

Tuesday, August 26, 2008 6:49:06 PM

Government denies accusing Chinese firm of fraud
New Delhi, Aug 26 (IANS) The government Tuesday said it has not issued any notice to Chinese telecom company Huawei Technologies, charging it with employing Chinese workers in India without proper work permits.

Tuesday, August 26, 2008 6:44:17 PM

Mamata sticks to demand, calls for road blockade Friday
Singur, Aug 26 (IANS) The West Bengal government must return 400 acres of farmland to 'unwilling' farmers of Singur and they will not accept land at any other site in compensation, Trinamool Congress chief Mamata Banerjee said here Tuesday.

Tuesday, August 26, 2008 6:38:05 PM

The Body shop launches Wellbeing range to fight stress
New Delhi, Aug 26 (IANS) The Body Shop (TBS), a global retailer of toiletries and cosmetics, has launched a new Wellbeing range it says will address modern day lifestyle concerns like stress and anxiety.

Tuesday, August 26, 2008 5:47:29 PM

HDIL India Couture Week in Mumbai Sep 16-21
New Delhi, Aug 26 (IANS) The Fashion Design Council of India (FDCI) Tuesday formally announced the staging of what it termed 'the newest and most glamorous event' on its calendar, the HDIL India Couture Week (HDIL ICW) in Mumbai Sep 16-21.

Tuesday, August 26, 2008 5:36:47 PM

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