Business News

Last updated: Saturday, November 15, 2014 10:50:03 AM

Facilitation centre for overseas Indians gaining popularity
New Delhi, Jan 4 (IANS) A facilitation centre for non-resident Indians and persons of Indian origin wanting to invest in India is becoming more popular by the day, and is considering expansion of its services, as the government gets ready to host this year's Pravasi Bharatiya Divas next week.

Friday, January 04, 2008 11:40:46 AM

Jain businessmen pool in $13.75 mn for IAS academies
Mumbai, Jan 3 (IANS) In an unexpected move, 36 leading Jain businessmen from India and abroad donated Rs.540 million ($13.75 million) to set up five academies to train students for the civil services examinations.

Thursday, January 03, 2008 9:00:35 PM

New Kerala company to route expatriate investments
Kochi (Kerala), Jan 3 (IANS) A new company would soon be formed with majority shareholding by expatriate Keralites with the Kerala government owning minority stakes. The company would invest in productive ventures such as housing and education, a top official said.

Thursday, January 03, 2008 8:43:47 PM

No decision yet on letting airlines fly abroad
New Delhi, Jan 3 (IANS) A crucial meeting of the high-powered ministerial panel on aviation, led by External Affairs Minister Pranab Mukherjee, failed to take a decision on changing the norms for Indian carriers to fly overseas.

Thursday, January 03, 2008 8:17:21 PM

'Centre can review permission to special economic zones'
New Delhi, Jan 3 (IANS) The central government can review permission granted to all special economic zones (SEZs) and it does not want to impose these projects on states, Commerce Minister Kamal Nath said here Thursday, in sharp variance to comments made by his secretary a day earlier.

Thursday, January 03, 2008 8:05:43 PM

Oil major earns carbon credits
New Delhi, Jan 3 (IANS) State-owned petroleum firm Oil and Natural Gas Corp's (ONGC) gas flare recovery project in Uran in Maharashtra is now entitled to an annual carbon credit of Rs.93 million ($2.4 million), the company said Thursday.

Thursday, January 03, 2008 7:19:15 PM

Telecom spectrum allocation only after verdict: Court (Lead)
New Delhi, Jan 3 (IANS) The Delhi High Court Thursday directed the government to await its final ruling before allotting scarce radio frequency spectrum to a section of mobile telecom services providers.

Thursday, January 03, 2008 6:33:13 PM

Wipro starts centre in the Philippines
Bangalore, Jan 3 (IANS) Wipro Technologies, the global IT services business of Wipro Ltd, Thursday opened a business process outsourcing centre in Cebu in the Philippines as part of its strategy to build global delivery capabilities.

Thursday, January 03, 2008 6:30:09 PM

Mahindra launches special edition Bolero
New Delhi, Jan 3 (IANS) Leading automaker Mahindra and Mahindra Ltd Wednesday launched a special edition of its sports utility vehicle Bolero here. The company will sell only 1,000 units of this edition in the country.

Thursday, January 03, 2008 6:23:44 PM

Markets decline on heavy selling
Mumbai, Jan 3 (IANS) A key Indian stock market index shed 120 points on the back of profit booking and weak global cues.

Thursday, January 03, 2008 6:09:32 PM

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