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Business News

Reliance Power buys Jharkhand's Tilaiya firm


Mumbai, Aug 7 (IANS) The Anil Ambani-led Reliance Power fully acquired Jharkhand Integrated Power, a special purpose vehicle (SPV) floated to implement the 4,000-MW Tilaiya ultra ...More

Now Reliance Industries speaks on gas dispute


Mumbai, Aug 7 (IANS) Breaking its silence on the ongoing dispute with the Anil Ambani group over gas from Krishna-Godavari basin, Mukesh Ambani-led Reliance Industries Friday said...More

Cabinet panel clears procuring maritime patrol plane for navy


New Delhi, Aug 7 (IANS) Clearing the last hurdle in acquisition of the Boeing's P-8I long-range maritime patrol aircraft, the Cabinet Committee on Security has given a go ahead to...More


World Bank lends Haryana $330 mn to improve power


New Delhi, Aug 7 (IANS) The World Bank has approved a loan of $330 million to strengthen power transmission and distribution system in Haryana. The World...More

Oriental Insurance to start incentive scheme for employees


Chennai, Aug 7 (IANS) State-run non-life insurer Oriental Insurance will introduce an incentive scheme this fiscal for its high performing employees, a top official said here Frid...More

Air India Express to start domestic operations in September


New Delhi, Aug 7 (IANS) Air India's low cost carrier Air India Express will launch its domestic operations with 27 flights a day mid-September and increase it to 75 later, a top c...More


Berger Paints plans new plant in south India


Kolkata, Aug 7 (IANS) Berger Paints India is planning to set up a greenfield plant in south India, a top company official said here Friday. 'We will set ...More

Airport charges in India among lowest in world, claim private operators


Hyderabad, Aug 7 (IANS) Contesting the claim of private airlines that airport charges in India are among the highest in the world, private airport operators have said that the cha...More

Regulator to raise unit linked policy lock-in period


Chennai, Aug 7 (IANS) The country's insurance regulator is planning to raise the lock-in period for Unit Linked Insurance Policies (ULIPs) by two years to five years with a view t...More

Cities with over 1 mn people can get Metro rail: Jaipal Reddy


New Delhi, Aug 7 (IANS) Cities with a population of over one million can hope to get a Metro rail system in the near future, Urban Development Minister S. Jaipal Reddy told parli...More

Sensex ends near day's lows as selling takes toll


Mumbai, Aug 7 (IANS) Continued selling of stocks across the board and particularly from consumer durables, auto and realty sectors pushed a key index of the Indian equities market...More

Parliament approves bill to extend Metro to NCR


New Delhi, Aug 7 (IANS) Parliamentary approval was Friday accorded to a bill seeking to extend the Delhi Metro service to the national capital region (NCR), including the satellit...More

Now give your skin a dose of mineral makeup


New Delhi, Aug 7 (IANS) After pampering your skin with herbal products, try a makeup range that has essence of natural minerals. Oriflame India, the whol...More

Sensex ends 354 points lower


Mumbai, Aug 7 (IANS) Indian equities markets closed in the red for the second day in a row Friday, with a key index shedding 354 points over its previous close. ...More

Air France to auction seats to fund charity projects


New Delhi, Aug 7 (IANS) Air France will auction off 380 seats on each of its two inaugural flights on Airbus A380 - the world's biggest passenger aircraft - and the proceeds will ...More

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