Business News

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

Governance a concern in big family businesses: Moody
New Delhi, Oct 23 (IANS) Although family-run companies continue to dominate business in India, concerns remain over their governance standards, said a survey conducted jointly by Moody's Investors Service and its India associate ICRA Ltd.

Tuesday, October 23, 2007 2:48:26 PM

Electricity becomes cheaper in Chhattisgarh
Raipur, Oct 23 (IANS) Industries in mineral-rich Chhattisgarh state have got a surprise Diwali gift. The State Electricity Regulatory Commission brushed aside a tariff hike proposal of Chhattisgarh State Electricity Board (CSEB) and instead slashed them by 18 paise per unit for industries and five paise per unit for domestic consumers.

Tuesday, October 23, 2007 1:01:26 PM

Bulls back in Indian bourses
Mumbai, Oct 23 (IANS) After the clarifications from the Indian market regulator on participatory notes at a televised conference Monday, the bulls seemed to be back in action in the early hours of trade Tuesday.

Tuesday, October 23, 2007 12:11:11 PM

Sebi not to ban P-notes, but wants transparency: Damodaran
Mumbai, Oct 22 (IANS) The Indian stock market watchdog Monday cleared the doubts of all foreign institutional investors. Securities and Exchange Board of India (Sebi) Chairman M. Damodaran told a televised videoconference that steps to curb issuance of participatory notes were not aimed at curbing capital inflows.

Monday, October 22, 2007 10:43:41 PM

Huawei to set up switching network for Nepal firm
Bangalore, Oct 22 (IANS) Huawei Technologies Ltd, the telecom network solutions major in China has bagged a contract to set up the full service multi-protocol label switching network in Nepal for Subsiu Cable Net Ltd, the leading cable TV and Internet service provider.

Monday, October 22, 2007 9:45:34 PM

ONGC Mittal acquires stake in Turkmenistan block
New Delhi, Oct 22 (IANS) ONGC Mittal Energy Ltd (OMEL), a joint venture between ONGC Videsh Ltd and Mittal Investment Sarl, has acquired 30 percent participating interest in an exploratory offshore block in the Central Asian nation of Turkmenistan.

Monday, October 22, 2007 8:35:14 PM

Ennore Foundries plans Rs.3 billion expansion
Chennai, Oct 22 (IANS) Hinduja group company Ennore Foundries Ltd has further expansion plans, even while commencing trial production at its Rs.2 billion, 50,000-tonne per annum (tpa) foundry unit at Sipcot Industrial Estate in Sriperumbudur, near Chennai.

Monday, October 22, 2007 8:34:03 PM

Kerala decentralising IT growth: Achuthanandan
Thiruvananthapuram, Oct 22 (IANS) Kerala was decentralising the IT growth, bringing fruits of the technology revolution to small towns, Chief Minister V.S. Achuthanandan said here Monday.

Monday, October 22, 2007 8:30:55 PM

Hinduja to invest in Indian sunrise industries
Chennai, Oct 22 (IANS) The Hinduja group is considering investments in many sunrise sectors in India that include insurance, healthcare and realty, said group president Dheeraj Hinduja.

Monday, October 22, 2007 7:45:32 PM

Greenpeace protests India's excessive use of coal
Chennai, Oct 22 (IANS) Environmental group Greenpeace Monday protested excessive use of coal to produce electricity in India by painting slogans on the hull of a coal carrier going from Ennore to Paradip port.

Monday, October 22, 2007 7:42:58 PM

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