Business News

Last updated: Friday, September 04, 2015 5:28:03 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

Hyundai Motor logs 47.8 percent growth in April
Chennai, May 1 (IANS) The country's second largest car manufacturer Hyundai Motor India Ltd Thursday announced a cumulative sales growth of 47.8 percent for April 2008.

Thursday, May 01, 2008 6:15:37 PM

Aviation fuel hike to hit air travel rates (Lead)
New Delhi, May 1 (IANS) Air travel is to become more expensive with Jet Airways and SpiceJet hiking fares and other airlines likely to follow suit after public sector oil companies raised aviation fuel prices effective from Thursday midnight.

Thursday, May 01, 2008 6:13:42 PM

Decision on 12 Goa SEZs June 4
New Delhi, May 1 (IANS) The central government will take a decision next month on the 12 approved special economic zones (SEZs) of Goa as the state is up in arms against them.

Thursday, May 01, 2008 6:01:33 PM

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