Business News

Last updated: Thursday, October 30, 2014 7:36:18 PM

Promoters of innerwear maker VIP to enter wellness segment
Mumbai, July 18 (IANS) Maxwell Industries Ltd, promoters of Indian innerwear major VIP Group, is planning to diversify into the lifestyle and wellness segment, the company's chairman and managing director Sunil Pathare said here Friday.

Friday, July 18, 2008 3:57:37 PM

LIC HFL Financial Services to first set up shop in Mumbai
Chennai, July 18 (IANS) The financial products distribution arm of LIC Housing Finance Limited will initially begin operations in Mumbai, a top company official said here Friday.

Friday, July 18, 2008 3:54:21 PM

Equity markets choppy, but still in the green
Mumbai, July 18 (IANS) Indian equity markets turned choppy Friday but managed to stay in the green till early afternoon. There was buying interest in banking, realty, power and telecom stocks, but technology and metal stocks were under selling pressure.

Friday, July 18, 2008 2:51:21 PM

Highway authority allowed to clear forest for bypass
Shimla, July 18 (IANS) Traffic snarls on the Himachal Pradesh-Haryana border may ease soon, as the environment ministry has given its nod to the National Highway Authority of India (NHAI) to cut down 12 hectares of forests for an 11-km-long bypass.

Friday, July 18, 2008 2:49:05 PM

SAIL unhappy as Jharkhand drags feet over mining lease renewals
Ranchi, July 18 (IANS) Steel Authority of India Ltd (SAIL) is unhappy about the way the Jharkhand government is dragging its feet over the renewal of iron ore mining leases, says Kiran Kapoor, the company's executive director (raw materials).

Friday, July 18, 2008 2:00:47 PM

LIC Housing Finance sees good business despite inflation
Chennai, July 18 (IANS) Even as interest rates are inching up and inflation soaring, the LIC Housing Finance Company is confident of growing ahead of the industry's average growth rate, a top company official here said.

Friday, July 18, 2008 1:59:53 PM

Wipro net up 25 percent, cautious in the near-term
Bangalore, July 18 (IANS) Wipro Ltd remains cautious in the near-term on revenue guidance from its combined IT services despite a healthy topline and bottomline growth in the first quarter (April-June) of this fiscal (2008-09) over the same period last fiscal.

Friday, July 18, 2008 11:14:54 AM

Equity markets stay in green zone in early trade (Lead)
Mumbai, July 18 (IANS) Indian equity markets, which opened with a gain Fridfay, stayed in the positive zone in initial trade, with demand for banking, realty and capital goods stocks.

Friday, July 18, 2008 10:48:07 AM

Equities market opens with profit
Mumbai, July 18 (IANS) The Indian equities market opened with a gain Friday. The 30 share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened with a gain of 122.68 points at 13,234.53 points.

Friday, July 18, 2008 10:32:27 AM

India to grow at eight percent amid global slowdown: IMF
Washington, July 18 (IANS) The International Monetary Fund (IMF) has lowered India's growth forecast from 9.3 percent in 2007 to 8 percent in 2008-09 as it predicted the world economy now 'in a tough spot' would grow by 4.1 percent this year.

Friday, July 18, 2008 10:11:03 AM

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