Business News

Last updated: Wednesday, August 20, 2014 1:26:13 PM

NTPC's FPO proposal rejected
New Delhi, May 15 (IANS) The government has rejected National Thermal Power Corporation (NTPC) Limited's proposal to raise about Rs.60 billion through a follow-on public offer.

Thursday, May 15, 2008 10:54:07 PM

Government approves skill development mechanisim
New Delhi, May 15 (IANS) The union cabinet Thursday approved setting up the National Skill Development Corporation (NSDC) to meet the needs of the private sector for skilled personnel in different fields.

Thursday, May 15, 2008 10:11:01 PM

Rane NSK sets up new steering plant in Haryana
Chennai, May 15 (IANS) In order to meet its customer's demands in northern India, Rane NSK Steering Systems Limited Thursday announced the opening of a new steering systems plant at Bawal in Haryana.

Thursday, May 15, 2008 9:54:25 PM

Chennai company scouting locations for petrochemical project
Chennai, May 15 (IANS) City-based petroleum company Chennai Petroleum Corporation Limited (CPCL) is looking for locations on the southern coast for its proposed refinery-cum-petrochemical complex in Tamil Nadu, a company official said here Thursday.

Thursday, May 15, 2008 9:52:57 PM

Indian infrastructure sector growth at 9.6 percent
New Delhi, May 15 (IANS) The Indian infrastructure sector comprising six core industries grew at 9.6 percent in 2008 fiscal, according to data released by the ministry of commerce and industry here Thursday.

Thursday, May 15, 2008 9:20:27 PM

Ankit Metals plans Rs.10 bn capacity expansion
Kolkata, May 15 (IANS) Ankit Metal and Power Ltd (AMPL) plans to invest Rs.10 billion over the next three years to increase its production capacity, a company official said here Thursday.

Thursday, May 15, 2008 8:28:15 PM

India, Singapore to share airport operations expertise
New Delhi, May 15 (IANS) India and Singapore Thursday agreed to share expertise in the management of airports and other civil aviation projects.

Thursday, May 15, 2008 7:52:53 PM

Torrent Power to pay Rs.663 mn in dividends
Ahmedabad, May 15 (IANS) Torrent Power Ltd Thursday announced payment of Rs.663 million as dividend to its shareholders for the fiscal year 2008. This works out to nearly 12 percent, a jump from four percent dividend announced by the company last fiscal.

Thursday, May 15, 2008 7:32:08 PM

Voltas profit up 12 percent
Mumbai, May 15 (IANS) The Tata group promoted Voltas Ltd Thursday announced a profit after tax (PAT) of Rs.2.08 billion ($52.09 million) for the fiscal year 2008, an increase of nearly 12 percent over the last fiscal.

Thursday, May 15, 2008 6:46:09 PM

Business school gets $1.5 mn to study capital market accessbility
Mumbai, May 15 (IANS) Financial services major Citi India will provide $1.5 million to Hyderabad-based Indian School of Business (ISB) to study and recommend measures to promote financial inclusion and improve capital market's access to small investors and enterprises.

Thursday, May 15, 2008 6:42:43 PM

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