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Last updated: Thursday, November 27, 2014 9:32:11 PM

India invites bids for 197 military helicopters
New Delhi, July 24 (IANS) India Thursday invited bids for 197 utility helicopters for the army and the air force Thursday, with the choppers expected to be inducted by 2010 in a deal that has been valued at Rs.30 billion ($750 million), an official said.

Thursday, July 24, 2008 7:17:36 PM

NIIT posts $170 mn net profit
New Delhi, July 24 (IANS) IT training and talent development company NIIT Ltd has recorded a net profit of $170 million for the first quarter of 2008-09 compared to Rs.154 million over the same period last year.

Thursday, July 24, 2008 6:53:59 PM

Calm in Middle East reason for fall in oil prices: experts
Dubai, July 24 (IANS) The stability in the general political and security situation being witnessed in the Middle East currently is the reason behind the relative fall in oil prices in recent days, according to experts in Kuwait.

Thursday, July 24, 2008 6:25:59 PM

RBI restrains banks from issuing unsolicited credit cards
Mumbai, July 24 (IANS) The Reserve Bank of India (RBI) has instructed all commercial banks to refrain from issuing unsolicited credit cards and activating them without seeking the customer's consent.

Thursday, July 24, 2008 6:25:02 PM

Intel invests $17 mn in, 2 other Indian cos
New Delhi, July 24 (IANS) Computer processor major Intel Corporation's global investment arm Intel Capital has invested $17 million in the equity of three Indian companies.

Thursday, July 24, 2008 6:24:25 PM

Government approves merger of State Bank of Saurashtra with SBI
New Delhi, July 24 (IANS) The government Thursday approved the merger of the State Bank of Saurashtra with the State Bank of India (SBI) to enable it effectively face competition arising out of globalisation.

Thursday, July 24, 2008 6:21:56 PM

Reliance Industries first quarter net up 13 percent
Mumbai, July 24 (IANS) The Mukesh Ambani-promoted Reliance Industries Ltd (RIL) Thursday announced a net profit of $955 million (Rs.41.1 billion) during the first quarter this fiscal, compared to $907.5 million (Rs.36.3 billion) for the same period the previous year, recording a growth of 13 percent.

Thursday, July 24, 2008 5:53:25 PM

Cabinet clears 444 mw hydel power plant for Uttarakhand
New Delhi, July 24 (IANS) The government Thursday approved the Rs.249.15 billion Vishnugad Pipalkoti hydroelectric project (HEP) on the Alaknanda river in Uttarakhand.

Thursday, July 24, 2008 5:52:53 PM

Gaining streak in equities market ends
Mumbai, July 24 (IANS) The Indian equities market saw the five-day gaining rally ending Thursday, and closed in the red. Metal, FMCG, technology stocks were under selling pressure while oil and gas and realty stocks were in demand.

Thursday, July 24, 2008 5:51:55 PM

Synchron founder Shivprakash gets Udyog Rattan Award
Ahmedabad, July 24(IANS) Dr Shivprakash Rathnam, the founder and managing director of Synchron Research Services Pvt Ltd, a leading clinical research organisation based in Ahmedabad, has been honoured with the Udyog Rattan award by the Delhi-based Institute of Economic Studies.

Thursday, July 24, 2008 5:50:55 PM

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