Business News

Last updated: Friday, October 31, 2014 11:20:04 AM

Cairn India to invest $2 bn in energy sector
New Delhi, June 25 (IANS) Cairn India, the Indian arm of British hydrocarbons exploration major Cairn, will invest about $2 billion in India over 18 months for developing oil fields and building a pipeline in the country, the company announced Wednesday.

Wednesday, June 25, 2008 7:28:23 PM

Fertiliser units get top priority for Reliance gas
New Delhi, June 25 (IANS) In a decision that impacts the supply of natural gas by Reliance Industries, the government Wednesday issued new guidelines for the commodity's sale, giving top priority to the demands made by fertiliser units.

Wednesday, June 25, 2008 7:23:01 PM

Trident group's new paper plant commissioned in Punjab
Ludhiana, June 25 (IANS) A state-of-the-art integrated pulp and paper plant of Abhishek Industries Ltd (AIL), the flagship company of towel and textile major Trident group, was commissioned Wednesday near Barnala town in south-west Punjab.

Wednesday, June 25, 2008 7:16:52 PM

Eaton calls for government subsidy for hybrid vehicles
Chennai, June 25 (IANS) Eaton Corp Inc, which developed diesel-electric hybrid truck technology, Wednesday urged the state governments to share the product cost since the technology is costly.

Wednesday, June 25, 2008 7:07:47 PM

Hilton plans 300 hotels in Asia, to begin with India
New Delhi, June 25 (IANS) Hilton Hotels Corp plans to add 300 hotels in Asia in the next decade in a bid to match its rivals, and take advantage of a business and leisure travel boom in India and China, the Wall Street Journal reported Wednesday.

Wednesday, June 25, 2008 6:53:31 PM

State to develop Mumbai Trans-Harbour Link, Ambanis out
Mumbai, June 25 (IANS) The Maharashtra government Wednesday decided to engage a state-run agency to construct the proposed Mumbai Trans-Harbour Link, rather than choose one of the two remaining bidders - Mukesh Ambani and Anil Ambani.

Wednesday, June 25, 2008 6:51:42 PM

Sun Pharma accuses Israel's Taro of 'accounting gamesmanship'
Mumbai, June 25 (IANS) The spat between Sun Pharmaceutical Industries Ltd and Israel's Taro Pharmaceutical Industries Ltd worsened Wednesday with the Indian company accusing the latter of indulging in 'accounting gamesmanship' over the sale of its subsidiary, Taro Ireland.

Wednesday, June 25, 2008 6:42:37 PM

Spice chairman, managing director quit board
Mumbai, June 25 (IANS) Spice Communications chairman B.K. Modi and managing director Dilip Modi resigned from the board hours after Idea Cellular's announcement that it picked up a 40.8 percent stake in the company.

Wednesday, June 25, 2008 6:13:20 PM

Purse-friendly Reva car launched in Delhi
New Delhi, June 25 (IANS) India's first electric car Reva was launched in Delhi Wednesday, providing commuters with an environment friendly - and cheaper - mode of transport.

Wednesday, June 25, 2008 6:00:31 PM

Market ends five-day losing streak
Mumbai, June 25 (IANS) The Indian equities market ended its five-day losing streak and closed the day in green on the back of short covering by the investors ahead of the expiry of June 2008 derivatives.

Wednesday, June 25, 2008 5:13:42 PM

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