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Last updated: Saturday, December 20, 2014 7:20:06 PM

HAL bets on more overseas orders for Dhruv choppers
Bangalore, Aug 14 (IANS) State-run Hindustan Aeronautics (HAL) is hard-selling its flagship advanced light helicopter (ALH) Dhruv in the international market for orders to supply 16-18 of them in South America, Middle East and South East Asia, a top official said here Thursday.

Thursday, August 14, 2008 8:32:13 PM

Private provident funds allowed to invest 15 percent in equities
New Delhi, Aug 14 (IANS) Private provident and other retirement funds will be allowed to directly invest up to 15 percent of their investible funds in the capital market, a finance ministry notification said Thursday.

Thursday, August 14, 2008 8:14:18 PM

Reliance Energy, Tata Power eye Dishergarh Power Supply Corp
Kolkata, Aug 14 (IANS) Reliance Energy Ltd, CESC Ltd and Tata Power Ltd have expressed interest in buying 57 percent stake in Dishergarh Power Supply Corp (DPSC), said a top official of Andrew Yule Co Ltd (AYC), which has a stake in DPSC.

Thursday, August 14, 2008 8:10:18 PM

Indu Projects receives $77 mn investment
Hyderabad, Aug 14 (IANS) Indu Projects Ltd, one of India's fastest growing infrastructure majors, has received an investment of $77 million (Rs.3.25 billion) from Credit Suisse, a leading global financial services company.

Thursday, August 14, 2008 7:51:02 PM

Inflation rises to 12.44 percent, finance ministry 'disappointed'
New Delhi, Aug 14 (IANS) India's annual rate of inflation rose further to 12.44 percent for the week ended Aug 2, goading the finance ministry to say it was a 'major disappointment'.

Thursday, August 14, 2008 7:50:35 PM

Sun Pharma subsidiary gets nod to buy out Israeli firm Taro
Mumbai, Aug 14 (IANS) The US Federal Trade Commission has allowed city-based drug maker Sun Pharma to go ahead with its open offer to shareholders of Israeli firm Taro, a company statement said here Thursday.

Thursday, August 14, 2008 7:39:23 PM

HAL to make 57 more jet trainers for IAF, navy
Bangalore, Aug 14 (IANS) The Indian defence acquisition council has approved procurement of 57 additional Hawks, the advanced jet trainers (AJTs), for the Indian Air Force (IAF) and the navy from the state-run Hindustan Aeronautics Ltd (HAL), Air Chief Marshal F.H. Major said here Thursday.

Thursday, August 14, 2008 7:35:06 PM

Travel agents meet air operators, call off strike
New Delhi, Aug 14 (IANS) The air travel agents in the country, who went on a day's strike Thursday, have reached an agreement with scheduled air operators to set up a committee that would look into the feasibility of having a transaction fee on air tickets.

Thursday, August 14, 2008 7:19:48 PM

President calls for ever-Green Revolution
New Delhi, Aug 14 (IANS) At a time when India's Green Revolution in agriculture was derided overseas, President Pratibha Patil Thursday pushed for its second version to ensure the country's food security and development.

Thursday, August 14, 2008 7:09:31 PM

CBI raids LIC, bank officials in Rs.5 mn insurance fraud
Mumbai, Aug 14 (IANS) The Central Bureau of Investigation (CBI) Thursday swooped on offices and officials of the Life Insurance Corp of India (LIC) and the Bank of Karad Ltd in Pune, in connection with an alleged Rs.5 million insurance fraud.

Thursday, August 14, 2008 6:47:39 PM

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