Business News

Last updated: Tuesday, October 21, 2014 10:10:05 PM

Madhya Pradesh demands Rs.15.5 bn in drought relief
Bhopal, Feb 19 (IANS) Madhya Pradesh government Tuesday presented a memorandum to a central team which has arrived here to assess the drought situation in the state, demanding Rs.15.5 billion ($388 million) for relief works.

Tuesday, February 19, 2008 10:03:55 PM

Honeywell offers micro air vehicle to Indian Army
New Delhi, Feb 19 (IANS) American defence equipment manufacturer Honeywell has offered the Indian Army its latest micro air vehicle (MAV) - a miniature version of a spy helicopter that can be used for surveillance, communication and dropping sensors at sensitive places for information gathering.

Tuesday, February 19, 2008 9:58:15 PM

Punjab, Tata Motors to set up driving school
New Delhi, Feb 19 (IANS) The Punjab government and Tata Motors will set up a driving training institute in Muktsar at a cost of Rs.125 million that will help youngsters secure jobs as skilled drivers.

Tuesday, February 19, 2008 9:57:23 PM

Amul innerwear eyes Rs.2.1 bn turnover in fourth quarter
Kolkata, Feb 19 (IANS) J.G. Hosiery Pvt Ltd, owner of the leading brand Amul Macho, Tuesday projected a turnover of Rs.2.1 billion ($52.6 million) at the end of the fourth quarter in March 2008 against Rs.1.5 billion in the corresponding period of last fiscal, with a net profit of over 10 percent.

Tuesday, February 19, 2008 9:56:54 PM

Haryana excise policy to generate Rs.14.4 bn revenue
Chandigarh, Feb 19 (IANS) The Haryana government's new excise policy (2008-09) announced Tuesday aims to generate a revenue of Rs.14.4 billion ($360.8 million), around Rs.900 million more than the current fiscal figure.

Tuesday, February 19, 2008 9:13:56 PM

Air India to make its contracts more transparent
New Delhi, Feb 19 (IANS) Air India is implementing an integrity pact in cooperation with the Central Vigilance Commission where all its contracts worth Rs.100 million ($25 million) and above would be made more transparent.

Tuesday, February 19, 2008 8:35:49 PM

Tata to partner Singapore firm for private jet company
Mumbai, Feb 19 (IANS) Singapore-based private jet operator BJets Monday announced that it will partner the Tata Group to set up a private jet company, where aircraft will be partly owned by users.

Tuesday, February 19, 2008 8:35:04 PM

Rural Electrification's public share offer fully subscribed
Mumbai, Feb 19 (IANS) The state-owned power sector lender Rural Electrification Corp's (REC) initial public offer (IPO) was subscribed 1.62 times over within an hour of the start of its book building process Tuesday.

Tuesday, February 19, 2008 7:59:12 PM

Fortis Healthcare buys Chennai hospital for south India launch
New Delhi, Feb 19 (IANS) The Ranbaxy-promoted Fortis Healthcare Ltd and Oscar Investments Ltd (OIL) Tuesday completed acquiring 62.17 percent of the equity of Chennai-based Malar Hospitals Ltd (MHL) for Rs.346.8 million ($8.7 million).

Tuesday, February 19, 2008 7:58:29 PM

Women ask for gender sensitive budget
New Delhi, Feb 19 (IANS) A delegation led by Women And Child Development Minister Renuka Chowdhury has met Finance Minister P. Chidambaram demanding the 2008-09 budget be gender sensitive with special focus on health and women empowerment.

Tuesday, February 19, 2008 7:57:12 PM

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