Business News

Last updated: Friday, November 28, 2014 9:58:03 AM

Infosys workforce to cross 100,000 mark this year
Bangalore, April 15 (IANS) Headcount of Infosys Technologies Ltd is set to cross 100,000 this fiscal (2008-09), with a gross addition of over 20,000-25,000 people to its present strength of 91,187, a top company official said here Tuesday.

Tuesday, April 15, 2008 7:04:57 PM

Two planes can get closer from June
Mumbai, April 15 (IANS) The Directorate General of Civil Aviation will be implementing performance based navigation system by June, reducing the horizontal distance between two approaching aircrafts from the current range of over 5-7 nautical miles (8-11 km) to three nautical miles (5 km).

Tuesday, April 15, 2008 6:27:18 PM

Sify Technologies to raise $57 million
Chennai, April 15 (IANS) Internet services firm Sify Technologies Ltd will raise around $57 million (over Rs.2 billion) with a premium equity issue to Infinity Satcom Universal Pvt Ltd, the company said here Tuesday.

Tuesday, April 15, 2008 6:24:24 PM

India, Egypt hope to double trade by 2011
New Delhi, April 15 (IANS) India and Egypt are confident of doubling trade to about $5.6 billion from the current $2.8 billion as both countries have agreed to aggressively work towards signing a Comprehensive Economic Cooperation Agreement (CECA).

Tuesday, April 15, 2008 6:12:10 PM

Morgan Stanley increases stake in Reliance Energy
Mumbai, April 15 (IANS) Global financial services firm Morgan Stanley has increased its stake in the Anil Ambani-promoted Reliance Energy Ltd (REL) to over five percent for about Rs.530 million ($13.25 million).

Tuesday, April 15, 2008 6:10:55 PM

'Goa's infrastructure needs upgradation'
Mumbai, April 15 (IANS) Lord Mayor of London David Lewis said Tuesday here that India's tourist hotspot Goa was facing a conflict between its developmental aspirations and ecological preservation.

Tuesday, April 15, 2008 5:48:15 PM

India, Egypt finalise free trade, economic accord
New Delhi, April 15 (IANS) India and Egypt are planning to finalise an economic cooperation agreement which will include free trade in goods and services - a key step expected to give a quantum jump to their burgeoning business ties.

Tuesday, April 15, 2008 5:38:45 PM

Markets swing back following Infosys results (Fourth Lead)
Mumbai, April 15 (IANS) The Indian equity markets ended Tuesday in green after a lacklustre start. IT major Infosys' positive results triggered a broad-based rally in IT stocks. The gaining rally was led by healthcare, oil, gas and IT stocks.

Tuesday, April 15, 2008 5:38:11 PM

Kamal Nath urges states to help control inflation
New Delhi, April 15 (IANS) Commerce and Industry Minister Kamal Nath Tuesday asked state governments to become more 'proactive' in controlling inflation by taking action against hoarding to tame rising prices of food items and commodities.

Tuesday, April 15, 2008 4:53:45 PM

Equity Markets end in green (Third Lead)
Mumbai, April 15 (IANS) The Indian equity markets ended Tuesday in green.

Tuesday, April 15, 2008 4:52:42 PM

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