Business News

Last updated: Wednesday, October 22, 2014 5:52:19 PM

'Bangladesh may turn to Myanmar for rice import'
Dhaka, July 16 (IANS) Bangladesh, which banked on India for its imports of rice when the country was hit by cyclone Sidr last year, may now turn to another neighbour Myanmar for more supplies to meet additional needs, said a Bangladeshi newspaper.

Wednesday, July 16, 2008 7:45:58 PM

India gets its first Hindi e-commerce site
New Delhi, July 16 (IANS) The country got its first e-commerce site in Hindi Wednesday., the country's first meta search travel site, launched its new Indian langauge window for the vast Hindi-speaking travel market so that customers in the tier II and tier III cities can book flight tickets on domestic circuits.

Wednesday, July 16, 2008 6:59:18 PM

Tata Steel studying impact of inflation on projects
Kolkata, July 16 (IANS) Tata Steel is studying how spiralling construction material prices are impacting its proposed steel projects, a top company official said here Wednesday.

Wednesday, July 16, 2008 6:48:23 PM

Controls & Switchgear raises Rs.1 bn
New Delhi, July 16 (IANS) Power management products manufacturer Controls & Switchgear Co Ltd (C&S) has secured Rs.1 billion ($23.8 million) in investment from GE Commercial Finance India, the private equity arm of US-based General Electric (GE).

Wednesday, July 16, 2008 6:41:51 PM

Pressmart Media signs pact with US magazine
Hyderabad, July 16 (IANS) Pressmart Media Ltd, a city-based digital delivery service provider for publishers, has signed an agreement with Editor and Publisher magazine of the US to produce a same-as-print electronic edition of the American trade publication, it was announced here Wednesday.

Wednesday, July 16, 2008 6:41:35 PM

HCL acquires British BPO firm
New Delhi, July 16 (IANS) India's leading Software services firm HCL Technologies announced Wednesday that it has agreed to acquire Liberata Financial Services (LFS), a UK-based business process outsourcing (BPO) firm, for an undisclosed amount.

Wednesday, July 16, 2008 6:40:46 PM

Tata Metaliks to invest Rs.750 mn in sinter plant
Kolkata, July 16 (IANS) Pig iron manufacturer Tata Metaliks will invest Rs.750 million over the next two years to construct a sinter plant at its Kharagpur unit, a top company official said here Wednesday.

Wednesday, July 16, 2008 5:57:01 PM

Shriram General to push unique business plan
Chennai, July 16 (IANS) At a time when the Indian general insurers are chasing top line growth focusing on the corporate segment and at the retail end of health insurance, the Jaipur-headquartered Shriram General Insurance Company Ltd is aiming to garner Rs.2 billion busines through small ticket policies.

Wednesday, July 16, 2008 5:19:47 PM

Political uncertainty will not impact growth: Kamath
Hyderabad, July 16 (IANS) The current political uncertainty would have no impact on the economy, said Confederation of Indian Industry (CII) president K.V. Kamath Wednesday, adding optimistically that the Indian economy would continue to grow between 8.5 and 9 percent thanks to the strong fundamentals and $700 billion investment pipeline.

Wednesday, July 16, 2008 5:06:11 PM

Equity markets touch new low
Mumbai, July 16 (IANS) Indian equity markets ended the day in the red and touched a new low on the back of heavy selling in banking, realty and select metal stocks.

Wednesday, July 16, 2008 5:02:09 PM

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