Business News

Last updated: Friday, September 04, 2015 12:00:03 AM

Major airlines to hike fares, fuel surcharge (Roundup)
New Delhi, May 1 (IANS) Air travel will become more expensive as all major airlines have decided to raise the fares by at least 10 percent, besides hiking the fuel surcharge.

Thursday, May 01, 2008 9:04:38 PM

Mathoda takes charge as CBDT chairman
New Delhi, May 1, (IANS) Rabender Singh Mathoda, a 1971 batch Indian Revenue Service officer, has taken over as chairman of the Central Board of Direct Taxes (CBDT) with effect from Thursday.

Thursday, May 01, 2008 8:59:54 PM

India clears Cayman Island firm's proposal on airports
New Delhi, May 1 (IANS) The Indian government Thursday gave its approval to a proposal from a Cayman Islands-based company, Agam SPV Six Ltd, to set up new airports and upgrade existing ones in the country with foreign direct investment of up to $300 million.

Thursday, May 01, 2008 8:44:19 PM

Microfinance firm Grama Vidiyal gets equity funding
Chennai, May 1 (IANS) Tamil Nadu-based micro finance company Grama Vidiyal Microfinance Pvt Ltd (GVM) has got $3.7 million (Rs.147 million) funding from Unitus Equity Fund L.P. and Vinod Khosla, a venture capitalist.

Thursday, May 01, 2008 8:15:08 PM

BEML opens sourcing office in China
New Delhi, May 1 (IANS) Aiming to raise its business volume, India's state-run heavy earthmoving equipment manufacturer - the Bharat Earth Movers Ltd (BEML) - has opened its overseas office in Shanghai, China, the company said Thursday.

Thursday, May 01, 2008 7:55:18 PM

SkodaIndia sales up 81.4 percent in April
Pune, May 1 (IANS) Auto manufacturer SkodaIndia Thursday announced sales of 1,814 cars in April 2008, showing an 81.4 percent growth over April 2007.

Thursday, May 01, 2008 7:43:44 PM

Essar group to acquire US steel maker for $1 bn
New Delhi, May 1 (IANS) The Ruia-controlled Essar Steel Holdings Thursday disclosed it is acquiring the US-based steel producer Esmark Inc for an estimated $1 billion.

Thursday, May 01, 2008 7:04:59 PM

Madhya Pradesh to set up rural Common Service Centres
Bhopal, May 1 (IANS) The Madhya Pradesh government would soon establish IT-enabled Common Service Centres at villages, state Information and Technology Minister Kailash Vijayvargiya said Thursday.

Thursday, May 01, 2008 6:35:28 PM

TVS Motor targets 40 percent export growth in 2008-09
Chennai, May 1 (IANS) Two-wheeler manufacturer TVS Motor Co Ltd is hoping to achieve around 40 percent growth in exports during the current fiscal.

Thursday, May 01, 2008 6:25:15 PM

Ford India gets new head
Chennai, May 1 (IANS) Ford Motor Company has elevated Michael Boneham as president and managing director of Ford India Private Limited effective June 1 in place of Arvind Mathew who has been shifted to the US.

Thursday, May 01, 2008 6:16:41 PM

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