Business News

Last updated: Saturday, August 29, 2015 9:24:04 PM

Auto industry recovering from crisis: former Maruti chief
Kolkata, Jan 28 (IANS) Former managing director of Maruti Suzuki Jagdish Khattar Wednesday said the condition of the slowdown-hit auto industry was improving since November.

Wednesday, January 28, 2009 7:38:38 PM

US vehicle transmission system maker sets shop in India
Chennai, Jan 28 (IANS) Allison Transmission Inc., the US-based manufacturer of commercial duty transmissions and hybrid propulsion systems, will start production in India early next year, the company said here Wednesday.

Wednesday, January 28, 2009 7:01:43 PM

Development projects hit by of Bihar staff strike
Patna, Jan 28 (IANS) Development projects in Bihar have been hit by the ongoing indefinite strike by government employees, which continued for the 22nd day Wednesday, officials here said.

Wednesday, January 28, 2009 6:49:18 PM

No bail for Satyam Rajus, former CFO
Hyderabad, Jan 28 (IANS) Satyam Computer's disgraced founder B. Ramalinga Raju, his brother B. Rama Raju and former chief financial officer Vadlamani Srinivas will remain in jail as a court here Wednesday dismissed their bail plea in the Rs.70-billion (Rs.7,000-crore) accounting fraud case.

Wednesday, January 28, 2009 6:47:20 PM

Anil Ambani group bags third ultra mega power project
New Delhi, Jan 28 (IANS) The Reliance Anil Dhirubhai Ambani Group was Wednesday awarded its third ultra mega power project, set to come up at Tilaiya in Jharkhand with an investment of over Rs.12,000 crore (Rs.120 billion/$2.4 billion).

Wednesday, January 28, 2009 6:45:59 PM

ONGC net profit dips 43.3 percent in third quarter
New Delhi, Jan 28 (IANS) State-run upstream major Oil and Natural Gas Corp Wednesday reported 43.3 percent dip in its net profit for the quarter ended Dec 31, owing to low crude prices.

Wednesday, January 28, 2009 6:41:29 PM

Himachal Pradesh cancels allotment of seven mini hydropower projects
Shimla, Jan 28 (IANS) Acting tough against errant private power producers, the Himachal Pradesh government has cancelled allotment of seven mini hydropower projects, an official said Wednesday.

Wednesday, January 28, 2009 6:08:29 PM

Rubber consumption hit by global slowdown
Kolkata, Jan 28 (IANS) Rubber consumption in the country may dip to 862,000 tonnes in the current fiscal as against the targeted 899,000 tonnes, a top official said here Wednesday.

Wednesday, January 28, 2009 5:54:52 PM

Dow Jones allowed to publish facsimile editions
New Delhi, Jan 28 (IANS) A proposal from Dow Jones to publish facsimile editions of its newspapers and magazines like The Wall Street Journal and the Far Eastern Economic Review, are among 30 others approved by the government, an official statement said Wednesday.

Wednesday, January 28, 2009 5:53:17 PM

GAIL net down 59 percent
Mumbai, Jan 28 (IANS) State-owned gas utility GAIL India Ltd Wednesday said its net profit declined 59.22 percent to Rs.2.53 billion (Rs.253 crore/$51.5 million) in the quarter ended Dec 31 from Rs.6.21 billion a year ago.

Wednesday, January 28, 2009 5:31:15 PM

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