Business News

Last updated: Friday, October 31, 2014 11:56:19 PM

Inflation up to 11.63 percent; more monetary steps likely
New Delhi, July 4 (IANS) India's annual rate of inflation for the week ended June 21 maintained an upward trend, rising to 11.63 percent compared to 11.42 percent for the week before.

Friday, July 04, 2008 5:42:18 PM

Market ends last trading day of the week in green
Mumbai, July 4 (IANS) The Indian equities market ended the day in green on the back of heavy buying in realty, capital goods, power and banking stocks.

Friday, July 04, 2008 5:06:05 PM

Sensex closes 360 points up
Mumbai, July 4 (IANS) Indian equity markets closed in the green Friday.

Friday, July 04, 2008 4:47:56 PM

Assam petrochemical plant to be completed by 2012
Guwahati, July 4 (IANS) The Rs.54.6-billion petrochemical plant of the Brahmaputra Cracker and Polymer Ltd at Dibrugarh in Assam will be completed by April 2012, it was announced at the company's first annual general meeting here Friday.

Friday, July 04, 2008 4:46:58 PM

Panacea to enter healthcare sector
New Delhi, July 4 (IANS) Vaccine and drug maker Panacea Biotec Ltd has forayed into healthcare by setting up a 220-bed multi-specialty hospital in Gurgaon near Delhi.

Friday, July 04, 2008 4:16:20 PM

ICICI Bank revises NRI deposit rates
Mumbai, July 4 (IANS) The country's largest private sector lender ICICI Bank has revised its interest rates on various non-resident deposit schemes.

Friday, July 04, 2008 3:23:07 PM

India's direct tax collections up 38 percent
New Delhi, July 4 (IANS) In spite of a slowdown in the growth of both industrial production and merchandise exports, India's direct tax collections rose by as much as 38.61 percent in the first quarter of the current fiscal, the finance ministry said Friday.

Friday, July 04, 2008 2:58:02 PM

IFC to invest $15 mn in Mumbai pharma firm
Mumbai, July 4 (IANS) International Finance Corp (IFC), a World Bank arm, will invest $15 million in Mumbai-based pharmaceutical outsourcing company Hikal by way of equity participation.

Friday, July 04, 2008 2:26:57 PM

Kolkata hawkers block inauguration of Spencer's mall
Kolkata, July 4 (IANS) Small shopkeepers and hawkers stopped RPG group vice chairman Sanjeev Goenka from inaugurating a new mall here Friday morning, saying they would not allow the corporate sector to enter the retail business.

Friday, July 04, 2008 1:53:22 PM

Indian equities market trading in green
Mumbai, July 4 (IANS) The Indian equities market continued to trade in green during afternoon trade Friday.

Friday, July 04, 2008 1:48:08 PM

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