Business News

Last updated: Tuesday, October 21, 2014 11:56:36 PM

Jet Airways inks pact with Bangalore airport
Mumbai, April 24 (IANS) Leading private carrier Jet Airways has signed a framework agreement with Bangalore International Airport Ltd (BIAL) for sub-leasing land to construct a base for maintenance and engineering facility at the new airport in the IT hub.

Thursday, April 24, 2008 11:40:40 PM

EID Parry to focus on opportunities in sugar sector
Chennai, Apr 24 (IANS) EID Parry (India) Ltd, which is set to raise 111 million euros ($175.7 million) from a sellout deal, is planning to make huge investment in its core sugar business, seeking new opportunities in the sector.

Thursday, April 24, 2008 10:20:48 PM

Hindustan Zinc planning Rs.36 bn expansion
Ahmedabad, April 24 (IANS) Hindustan Zinc Ltd (HZL), a subsidiary of Sterlite Industries Ltd, Thursday announced its Rs.36 billion ($900 million) expansion projects, which, according to the company, would make it the world's largest zinc-lead producer by 2010.

Thursday, April 24, 2008 10:20:28 PM

Cabinet approves BRL's merger with SAIL
New Delhi, April 24 (IANS) The union cabinet Thursday approved the merger of Bharat Refectories Limited (BRL) in Jharkhand with the public sector Steel Authority of India Limited (SAIL).

Thursday, April 24, 2008 10:19:09 PM

India unveils policy on new airport projects
New Delhi, April 24 (IANS) In an effort to promote new airports in the country, the Indian government Thursday did away with the compulsory approval clause for all new projects that come up beyond a 150-km radius of existing ventures.

Thursday, April 24, 2008 9:45:24 PM

India, UAE agree to increase air services
New Delhi, April 24 (IANS) India and the United Arab Emirates (UAE) have revised their air services agreement that would allow both countries to fly more aircraft. The agreement would also allow UAE to operate flight services to Calicut, Kerala, an official statement said here Thursday.

Thursday, April 24, 2008 9:08:22 PM

Bangalore drives India's biotech sector growth
Bangalore, April 24 (IANS) India's silicon hub Bangalore dominates not only in IT, but also in biotechnology, accounting for about 60 percent of the country's export pie, an official said here Thursday.

Thursday, April 24, 2008 9:03:10 PM

Reliance Globalcom acquires Britain's eWave World
Mumbai, April 24 (IANS) Anil Ambani-promoted Reliance Globalcom, a subsidiary of Reliance Communications Ltd (RCL), has acquired 90 percent stake in eWave World, a UK-based telecom company engaged in offering wireless telephony services using WiMAX technology.

Thursday, April 24, 2008 8:38:59 PM

HDFC Bank posts net profit of Rs.15.95 bn
Mumbai, April 24 (IANS) India's HDFC Bank Ltd posted a net profit of Rs.15.95 billion ($398.7 million) for 2007-08 as compared to Rs.11.5 billion of the previous fiscal.

Thursday, April 24, 2008 8:38:00 PM

Idea Cellular clocks net profit of Rs.10.42 bn
Mumbai, April 24 (IANS) India's leading GSM mobile operator Idea Cellular has posted a net profit of Rs.10.42 billion ($260.5 million) for 2007-08 as compared to Rs.5 billion of the previous fiscal.

Thursday, April 24, 2008 8:37:39 PM

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