Business News

Last updated: Thursday, November 26, 2015 9:42:03 AM

Nalli Silks launches first boutique outlet
Chennai, July 10 (IANS) Moving with the times, Nalli Silks - the Rs.4-billion textile retail chain that is known for its Kanjivaram silk sarees - is launching new format stores as well as expanding existing outlets in India and abroad.

Thursday, July 10, 2008 5:34:37 PM

Market closes with minimal loss
Mumbai, July 10 (IANS) The Indian equities market ended the day with a minimal loss on the back of modest selling pressure in banking, power and capital goods stocks.

Thursday, July 10, 2008 5:10:00 PM

Market closes 38 points down
Mumbai, July 10 (IANS) The Indian equity market closed with the loss 30 shares benchmark of the Bombay Stock Exchange, which opened at 13,861.60 points, touched a low of 13,763.94 before closing at 13,926.24

Thursday, July 10, 2008 4:55:37 PM

Sanjay Lalbhai's son to join family business as employee
Ahmedabad, July 10 (IANS) When Punit Lalbhai, the elder son of Arvind Mills Ltd chairman and managing director Sanjay Lalbhai, is inducted into the company September 1, he will be just another employee rather than being on the company board.

Thursday, July 10, 2008 4:27:57 PM

Electrotherm allotted coal block in Chhattisgarh
Ahmedabad, July 10 (IANS) The city-based Electrotherm India Ltd, manufacturer of specialized steel, has been allotted a coal block in Chhattisgarh for exploration and captive mining, company officials said.

Thursday, July 10, 2008 4:00:41 PM

Era Infra to set up power plant in Madhya Pradesh
New Delhi, July 10 (IANS) Construction firm Era Infra Engineering Ltd will set up a 1,200 megawatt thermal power plant in Madhya Pradesh, the company announced Thursday.

Thursday, July 10, 2008 3:48:43 PM

DLF plans buyback of shares for $255 million
New Delhi, July 10 (IANS) DLF Ltd, India's largest developer by revenue, has decided to invest Rs.11 billion ($255 million) to buy back shares after its stock fell 57 percent this year.

Thursday, July 10, 2008 3:45:34 PM

Allied Digital acquires US firm for $30 mn
Mumbai, July 10 (IANS) Allied Digital Services Ltd (ADSL), which provides information technology infrastructure management services, has acquired a majority interest in the Los Angeles-headquartered En Pointe Global Services (EPGS) for $30 million, the company announced Thursday.

Thursday, July 10, 2008 3:32:02 PM

Bajaj Auto's first quarter net dips to Rs.1.75 bn
Mumbai, July 10 (IANS) Leading two-wheeler maker Bajaj Auto's net profit for the first quarter of 2008-09 dipped to Rs.1.75 billion, compared to Rs.1.83 billion for the corresponding period last year.

Thursday, July 10, 2008 2:49:25 PM

And now, event management services go retail
Pune, July 10 (IANS) Sphinx Adonis Sphinx, a city-based event management firm, will launch 100 'events retail stores' in Maharashtra in the next one year and 1,000 stores countrywide in the near future to offer services in organising and managing birthday parties, anniversary get-togethers and weddings.

Thursday, July 10, 2008 2:25:28 PM

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