Business News

Last updated: Monday, November 24, 2014 8:24:09 PM

KEC bags Rs.1.11 bn power grid contract
Mumbai, May 13 (IANS) Power transmission major KEC International Ltd has bagged a Rs.1.11 billion ($27.75 million) contract from the Power Grid Corp of India.

Tuesday, May 13, 2008 6:45:10 PM

Supreme Court refuses putting roadblock against Nano rollout
New Delhi, May 13 (IANS) The Supreme Court Tuesday refused to put any roadblock before the world's cheapest car Nano's planned rollout by the year-end though it issued notices to its producer Tata Motors and the West Bengal government following a petition challenging land acquisition.

Tuesday, May 13, 2008 6:42:18 PM

Technopark bags national award for best technology incubator
Thiruvananthapuram, May 13 (IANS) The Technology Business Incubator (TBI) at Technopark here has bagged the prestigious national award for the best technology business incubator in the country for 2007.

Tuesday, May 13, 2008 6:41:58 PM

Hero Electric plans acquisitions
Chennai, May 13 (IANS) Hero Electric, the wholly owned subsidiary of the Hero Group, Tuesday said the company was in acquisition talks with two Indian firms.

Tuesday, May 13, 2008 6:41:36 PM

Piramal starts testing of diabetes drug in Europe
Mumbai, May 13 (IANS) Piramal Life Sciences Ltd, part of the Piramal Group of companies, has commenced the clinical study of its P1736, a drug meant for the treatment of diabetes (type II), in the Netherlands.

Tuesday, May 13, 2008 5:31:11 PM

Indian markets close in red after choppy trade (Roundup)
Mumbai, May 13 (IANS) Indian equities markets that opened in the green Tuesday morning remained choppy in the second half and slid to close in the red, with a benchmark index shedding over 300 points from the day's high.

Tuesday, May 13, 2008 5:16:08 PM

Satyam's solution reduces downtime for cement companies
Hyderabad, May 13 (IANS) Software major Satyam Computer Services Ltd Tuesday announced that it has developed a new solution to reduce downtime for process manufacturing companies, which normally take an annual or semi-annual plant maintenance shutdown.

Tuesday, May 13, 2008 5:14:07 PM

Israel Aerospace Industries, Tata ink defence production pact
New Delhi, May 13 (IANS) Israel Aerospace Industries Ltd (IAI) and India's Tata group have inked a framework agreement for cooperation in the development, manufacturing, marketing and support of defence products in India.

Tuesday, May 13, 2008 4:19:54 PM

Himachal hydel power PSU gets mini ratna status
Shimla, May 13 (IANS) Sutlej Jal Vidyut Nigam Limited (SJVNL), a public sector hydel power company based in Himachal Pradesh, was Tuesday given the status of a 'mini ratna' by the central government.

Tuesday, May 13, 2008 3:56:25 PM

Varun Shipping profit up 59.73 percent
Mumbai, May 13 (IANS) Varun Shipping has announced a profit after tax (PAT) of $56.44 million (Rs.2.2 billion) during the fiscal year 2008 compared to $35.33 million for the previous year, recording a growth of 59.73 percent.

Tuesday, May 13, 2008 3:26:24 PM

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