Business News

Last updated: Friday, May 29, 2015 7:44:03 PM

RIM, Indian officials to meet again over BlackBerry concerns
New Delhi, May 29 (IANS) The talks between officials of the Canada-based Research in Motion (RIM) and authorities here over India's security concerns on the use of BlackBerry-enabled mobile phone services remained inconclusive Thursday, but the two sides decided to meet again.

Thursday, May 29, 2008 10:06:04 PM

Pranab to inaugurate Indian consulate in Guangzhou
New Delhi, May 29 (IANS) External Affairs Minister Pranab Mukherjee will, during his visit to China next week, formally inaugurate India's new consulate in China's economically vibrant province of Guangzhou - a step that promises to take rapidly burgeoning business ties between the two countries to a new high.

Thursday, May 29, 2008 9:58:26 PM

Adlabs net up to $11.47 mn
Mumbai, May 29 (IANS) Adlabs Films Ltd has announced a net profit after tax of $11.47 million (Rs.459 million) for the nine-month period which ended March 31, 2008.

Thursday, May 29, 2008 8:59:58 PM

NRI bank deposits dip in Kerala
Thiruvananthapuram, May 29 (IANS) The deposits by non-resident Indians (NRIs) in banks in Kerala have come down though the banks' domestic deposits have grown, a survey by a banker's association reveals.

Thursday, May 29, 2008 8:57:24 PM

Minister slams Kerala for going slow on spice park
Kochi, May 29 (IANS) The Spices Board of India will directly acquire land for setting up a spice park in Kerala as the state government had failed to take any steps in this regard, Union Minister of State for Commerce Jairam Ramesh said Thursday.

Thursday, May 29, 2008 8:21:41 PM

Insurance companies on roll, target Rs.500 bn in premium
Kolkata, May 29 (IANS) With the gross direct premium up by nearly Rs.200 billion during years 2002-08 and expected to reach Rs.500 billion in next five years, the insurance industry is on a high in the country.

Thursday, May 29, 2008 8:08:42 PM

Four more ultra mega power projects approved
New Delhi, May 29 (IANS) Four more ultra mega power projects will be set up in the country apart from the nine that have already been approved, Union Power Minister Sushilkumar Shinde announced Thursday.

Thursday, May 29, 2008 8:07:58 PM

Orchid Chemicals posts 35.7 percent growth in revenue
Chennai, May 29 (IANS) The city-based drug major Orchid Chemicals & Pharmaceuticals Ltd closed last fiscal with a revenue of Rs.12.38 billion ($290 million) against the previous year's Rs.9.12 billion, recording a growth of 35.7 percent.

Thursday, May 29, 2008 6:41:32 PM

Gujarat JHM Hotels' promoter wants to delist shares
Ahmedabad, May 29 (IANS) Surat-based Gujarat JHM Hotels Ltd announced Thursday that its promoters JHM Hotels Inc was planning to delist company shares from the Bombay Stock Exchange (BSE).

Thursday, May 29, 2008 6:28:16 PM

L&T to foray into shipbuilding industry
Mumbai, May 29 (IANS) Engineering giant Larsen & Toubro (L&T) will venture into shipbuilding industry with an initial investment of Rs.20 billion ($468 million) next year.

Thursday, May 29, 2008 5:56:44 PM

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