Business News

Last updated: Friday, May 29, 2015 7:44:03 PM

Igarashi Motors to form joint venture with Robert Bosch
Mumbai Feb 15 (IANS) Chennai-based Igarashi Motors India Ltd (IMIL) has inked an agreement with Robert Bosch GmbH, one of the world's leading automobile components suppliers, to form a joint venture (JV).

Friday, February 15, 2008 6:25:51 PM

Advani lauds private sector role in India's growth
New Delhi, Feb 15 (IANS) Praising the role of the private sector in India's growth, Bharatiya Janata Party (BJP) senior leader L.K. Advani said Friday that there was also a pressing need to bridge the divide between the rich and the poor in the country.

Friday, February 15, 2008 6:25:03 PM

Gujarat to adopt focused area approach to spur growth
Ahmedabad, Feb 15 (IANS) Gujarat, with more than 50 special economic zones (SEZs) in its kitty, is now working out a special focused area approach to spur growth in sectors ranging from salt and salt-based industries to infrastructure development.

Friday, February 15, 2008 5:31:15 PM

Investors promise Rs.100 billion to Madhya Pradesh
Jabalpur (Madhya Pradesh), Feb 15 (IANS) The Madhya Pradesh government Friday signed memoranda of understanding (MoUs) at an investors' meet here that would bring Rs.100 billion ($2.5 billion) worth of investments to the state.

Friday, February 15, 2008 5:27:06 PM

Gujarat to seek investment inflow from Japan
Ahmedabad, Feb 15 (IANS) Gujarat will make the pitch for substantial Japanese investment inflow at the Destination India Conference to be held in Tokyo Feb 19. Industries Commissioner Gauri Kumar, who is part of the Indian delegation, will represent the state in the meet.

Friday, February 15, 2008 5:24:39 PM

NYSE Euronext to get stake in Indian commodities exchange
Mumbai, Feb 15 (IANS) NYSE Euronext Inc, the world's largest securities exchange group, will acquire five percent equity in Multi Commodity Exchange of India Ltd (MCX), India's leading commodity exchange, it was announced Friday.

Friday, February 15, 2008 5:23:27 PM

'India to ensure greater private sector role in defence'
New Delhi, Feb 15 (IANS) India plans to make its defence offsets policy open, transparent and less rigid and ensure bigger participation of private players in the military hardware business, a top government official said Friday.

Friday, February 15, 2008 5:11:39 PM

Wipro inks outsourcing contract with Pantaloon
Mumbai Feb 15 (IANS) IT giant Wipro Ltd has signed an outsourcing contract with India's leading retailer Pantaloon Retail Ltd, which wants to increase its outlets from the existing 1,000 to 2,500 in the next five years.

Friday, February 15, 2008 3:48:55 PM

Valentine's Day grosses Rs.262 mn for flower sellers
New Delhi, Feb 15 (IANS) For the young at heart it may be just moments of love, romance or even sneaking chance to drop a romantic hint, but for flower sellers in the capital, the Valentine's Day meant big bucks pouring in. They grossed over Rs.262 million ($6.6 million) in a single day.

Friday, February 15, 2008 3:46:48 PM

Tata Capital forms alliance with Japanese securities major
Mumbai, Feb 15 (IANS) Tata Capital and Japanese brokerage giant Mizuho Securities Co (MHSC) will work together in private equity and investment banking including cross-border mergers, acquisitions and securities business, a Tata company statement said here Friday.

Friday, February 15, 2008 3:21:52 PM

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