Business News

Last updated: Tuesday, July 29, 2014 2:06:16 PM

Jharkhand waives Rs.8 bn for Heavy Engineering
Ranchi, Dec 15 (IANS) The Jharkhand government has cleared a Rs.8.06 billion package for Heavy Engineering Corporation (HEC) to revive the ailing public sector company.

Saturday, December 15, 2007 2:41:34 PM

Strong rupee a plus point for India (Commentary)
The rupee has always been an also-ran on the global foreign exchange stage. Unlike strong currencies like the old deutsch mark or the pound sterling and now the euro, India's currency has over the years been consistently weakening against the dollar till it reached the mark of Rs.47 last year. But the tide then began to turn for the rupee since the beginning of this year.

Saturday, December 15, 2007 10:00:01 AM

Karnataka governor to review hike in milk prices
Bangalore, Dec 14 (IANS) Karnataka Governor Rameshwar Thakur late Friday said the state government would review the decision of the state-owned Karnataka Milk Federation (KMF) to increase the prices of milk by Rs.2 with immediate effect.

Friday, December 14, 2007 10:09:56 PM

Telecom minister urges industry to improve R&D, exports
New Delhi, Dec 14 (IANS) Communications and IT Minister A. Raja Friday urged the telecom industry to strengthen its research and development (R&D) capabilities and put greater focus on exports to gain a competitive edge over others.

Friday, December 14, 2007 8:28:04 PM

Maharashtra to bring industry-friendly single window act
Pune, Dec 14 (IANS) The Maharashtra government will have a single window facilitation act by February to encourage small and medium enterprises (SMEs) establish industries in the state, an official said here Friday.

Friday, December 14, 2007 7:56:32 PM

President honours industries for conserving energy
New Delhi, Dec 14 (IANS) President Pratibha Patil gave away the national energy conservation awards to 38 industrial and commercial units from 19 industry sectors ranging from aluminium to cement to chemicals to food processing.

Friday, December 14, 2007 7:37:18 PM

Kerala to host global NRI meet
Kozhikode (Kerala), Dec 14 (IANS) The annual NRI Global Meet organised by the Indo-Arab Confederation Council and the NRI Global Foundation will be held here Dec 16-17. Around 200 delegates from various countries are expected to take part in the event.

Friday, December 14, 2007 7:36:59 PM

UEI Global launches hospitality courses in Kerala
Thiruvananthapuram, Dec 14 (IANS) UEI Global, the education initiative of Berggruen Education Pvt Ltd, Friday launched its third institute in the country here.

Friday, December 14, 2007 6:58:40 PM

Benchmark market index ends in red
Mumbai, Dec 14 (IANS) Foggy signals from the world market and higher inflation rates dampened Indian stock market sentiments, plunging the key index into the negative territory.

Friday, December 14, 2007 6:58:01 PM

Finance majors acquire stake in commodity exchange
Mumbai Dec 14 (IANS) ICICI, IL&FS, and Kotak Group - India's leading financial services and banking conglomerates - have acquired 3.55, 5 and one percent equity stakes, respectively, in the Multi-Commodity Exchange of India Ltd (MCX), the country's biggest commodity exchange valued at $1 billion.

Friday, December 14, 2007 6:56:43 PM

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