Business News

Last updated: Thursday, July 30, 2015 5:38:04 PM

Vedanta plans to acquire entire shares of Madras Aluminium
Chennai, Jan 20 (IANS) Contrary to its earlier restructuring plans for Madras Aluminium Co (Malco), the Vedanta group has decided to acquire the entire shareholding of the Salem-based firm and perhaps delist the scrip.

Tuesday, January 20, 2009 5:00:14 PM

Mangalore Refinery posts loss in third quarter
New Delhi, Jan 20 (IANS) State-run oil major Mangalore Refinery and Petrochemicals Ltd (MRPL) Tuesday reported a loss of Rs.2.85 billion for the third quarter ending Dec 31, as against a Rs.3.47 billion profit in the corresponding period a year ago.

Tuesday, January 20, 2009 4:18:35 PM

Hindustan Construction-led consortium bags Rs.14-bn project
New Delhi, Jan 20 (IANS) A consortium led by infrastructure major Hindustan Construction Co. (HCC) has bagged a Rs.1,415-crore (Rs.14.15-billion) six-lane highway project connecting Maharashtra and Madhya Pradesh, the company said Tuesday.

Tuesday, January 20, 2009 4:14:13 PM

No more tax breaks before budget: Ahluwalia
New Delhi, Jan 20 (IANS) There will be no tax breaks before the budget, the government said here Tuesday.

Tuesday, January 20, 2009 4:13:50 PM

Sensex down 2.46 percent
Mumbai, Jan 20 (IANS) Indian equities markets continued to be dull, with a key index ending Tuesday 2.46 percent lower than its previous close.

Tuesday, January 20, 2009 4:08:31 PM

'Satyam fiasco will not mar India Inc's image'
New Delhi, Jan 20 (IANS) The Rs.70-billion accounting fraud at Satyam Computer will not mar the image of corporate India abroad, Minister for Science and Technology Kapil Sibal said here Tuesday.

Tuesday, January 20, 2009 4:06:24 PM

Latest Kerala airport project to be expedited
Thiruvananthapuram, Jan 20 (IANS) The Kannur international airport project in north Kerala will be expedited, the state government said Tuesday.

Tuesday, January 20, 2009 3:52:07 PM

Soni asks chief ministers to bring in more tourists
New Delhi, Jan 20 (IANS) Worried about the meltdown hitting India's tourist arrivals, Tourism Minister Ambika Soni has written to all chief ministers asking them to step in 'in these difficult times' with a relief package for the travel and trade industry.

Tuesday, January 20, 2009 3:39:14 PM

Markets still in a slump
Mumbai, Jan 20 (IANS) Indian equities markets were still trading at a loss an hour before closing Tuesday with a key index ruling 2.43 percent lower than its previous close.

Tuesday, January 20, 2009 2:56:38 PM

Kochi Metro Rail gets government nod
Thiruvananthapuram, Jan 20 (IANS) The Kerala government Tuesday approved the proposed Rs.3,048-crore (Rs.30.48-billion) Kochi Metro Rail project and sanctioned Rs.5 million to set up an office at Kochi.

Tuesday, January 20, 2009 2:55:57 PM

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