Business News

Last updated: Wednesday, July 23, 2014 9:38:04 PM

Jet Airways signs aviation fuel deal with Oman Oil
Mumbai, Feb 11 (IANS) India's largest private airline, Jet Airways, has signed an aviation turbine fuel (ATF) agreement with Oman Oil Marketing Co, one of the leading Omani fuel and lubricants marketing firms.

Monday, February 11, 2008 6:56:02 PM

India floats global tender for wheeled 155mm howitzers
New Delhi, Feb 11 (IANS) The Indian Army has floated a second global tender for 155mm self-propelled wheeled artillery guns, even as it is readying a third tender for the towed variety of the gun, an official said Monday.

Monday, February 11, 2008 6:40:34 PM

Pune Airport to be closed for fortnight (Lead)
Pune, Feb 11 (IANS) Pune Airport will remain closed for a fortnight from Tuesday for repairs to the runway, upsetting IT and industry majors in the city.`

Monday, February 11, 2008 6:35:18 PM

Everonn takes over Topper Tutorials
Mumbai, Feb 11 (IANS) Everonn Systems India Ltd (ESIL) has taken over Toppers Tutorial Pvt Ltd, a Patna-based company that provides training to IIT-JEE & AIEEE candidates.

Monday, February 11, 2008 6:34:13 PM

Andhra Pradesh poised for double-digit growth
Hyderabad, Feb 11 (IANS) The southern state of Andhra Pradesh is poised to achieve annual economic growth rate of 10.37 percent against the national growth rate of 8.7 percent for fiscal 2007-08.

Monday, February 11, 2008 6:12:54 PM

Reliance Power tumbles on maiden trading day (Roundup)
Mumbai, Feb 11 (IANS) Stock prices of Reliance Power Ltd (RPL), which made a record initial public offer (IPO) of around $3 billion last month, dived by more than 17 percent Monday despite listing at Rs.547.80 at the Bombay Stock Exchange (BSE), a premium of more than 20 percent over its offer price of Rs.450.

Monday, February 11, 2008 6:12:09 PM

Apar Industries to buy Uniflex Cable
Ahmedabad, Feb 11 (IANS) Vadodara-based Apar Industries Ltd will acquire 42 percent stake in publicly listed Uniflex Cables Ltd that has manufacturing plants in Gujarat.

Monday, February 11, 2008 6:11:17 PM

Bear onslaught pulls down Indian bourses (Roundup)
Mumbai, Feb 11 (IANS) Indian markets closed Monday deep in the red with the benchmark index shedding over 4 percent on weak global cues and a poor show by Reliance Power Ltd (RPL) on its maiden trading day.

Monday, February 11, 2008 5:20:24 PM

State Bank lowers prime lending rate
Mumbai, Feb 11 (IANS) The State Bank of India (SBI) has informed the Bombay Stock Exchange that it has decided to revise its benchmark prime lending rate by 25 basis points from 12.75 percent to 12.50 percent a year.

Monday, February 11, 2008 5:19:52 PM

Reliance Power plummets on market listing (Second Lead)
Mumbai, Feb 11 (IANS) Reliance Power Ltd (RPL), which last month made a record initial public offer (IPO) of about $3 billion, slid sharply by more than 17 percent Monday despite listing at Rs.547.80 at the Bombay Stock Exchange (BSE), a premium of more than 20 percent over its offer price of Rs.450.

Monday, February 11, 2008 4:09:12 PM

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