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Business News

As Deora speaks on Reliance gas, Mulayam alleges corruption


New Delhi/Mumbai, Aug 3 (IANS) Samajwadi Party leader Mulayam Singh Yadav shocked the Lok Sabha Monday when he levelled corruption charges against Petroleum Minister Murli Deora, ...More

The power of romance makes 'Love Aaj Kal' rock box office


New Delhi, Aug 3 (IANS) Love is immortal. Ask Saif Ali Khan and Deepika Padukone whose recently released 'Love Aaj Kal' has sent the cash registers ringing, raking in Rs.8 crore (...More

Kerala Tourism wins international, national awards


Thiruvananthapuram, Aug 3 (IANS) Kerala Tourism has been awarded the 2009 Pacific Asia Travel Association (PATA) Gold Award in the marketing destination category and has been sele...More


New companies bill introduced in Lok Sabha


New Delhi, Aug 3 (IANS) A new Companies Bill was introduced in the Lok Sabha Monday with stringent clauses to deal with corporate frauds against the backdrop of the Satyam Compute...More

Ambitious solar energy plan up for nod


New Delhi, Aug 3 (IANS) India's 30-year Rs.91,684 crore (Rs.916.84 billion/$19.25 billion) plan that aims to make it the global leader in solar energy is coming up for the nod by ...More

Nalanda ordnance factory put on hold: Government


New Delhi, Aug 3 (IANS) A corruption case involving an Israeli firm and a former head of Nalanda ordnance factory has delayed the plans to set up the munitions manufacturing unit ...More


Government defends raising foreign equity cap in insurance


New Delhi, Aug 3 (IANS) Raising the foreign equity cap in the insurance sector to 49 percent will not lead to losing management control, the government informed parliament Monday....More

Anil Ambani says Reliance deliberately pumping gas at low levels


Mumbai, Aug 3 (IANS) Industrialist Anil Ambani welcomed Petroleum Minister Murli Deora's statement Monday that gas will be supplied to his group's proposed power plant in Uttar Pr...More

Roadshows to attract tourists to India during Commonwealth Games


New Delhi, Aug 3 (IANS) India will hold tourism roadshows in London and other capitals of Commonwealth countries in a bid to cash in on the Commonwealth Games here next year, Tour...More

Focus on industrialisation of southern Tamil Nadu: Alagiri


Chennai, Aug 3 (IANS) The Tamil Nadu government should take steps to promote industrialisation in the southern districts of the state instead of staying focused only on Chennai an...More

Ethiopia keen on jute, leather joint ventures in Bengal


Kolkata, Aug 3 (IANS) Ethiopia is keen to form joint ventures with companies in West Bengal in sectors like jute and leather, a senior Ethiopian diplomat said here Monday. ...More

Farm waste can produce 18,000 MW a year


New Delhi, Aug 3 (IANS) Use of farm waste can lead to generation of 18,000 MW of electricity every year, the Bangalore-based Indian Institute of Science has estimated. ...More

Hyundai sales surge 54 percent in July


New Delhi, Aug 3 (IANS) Passenger car major Hyundai Motor India Monday said its domestic sales jumped 54 percent to 23,193 units last month as against 15,066 units in July 2008. ...More

Emami Biotech to invest $80 mn in Ethiopia


Kolkata, Aug 3 (IANS) Emami Biotech, belonging to the Rs.2,000-crore Emami group, will invest Rs.400 crore (around $80 million) in a jatropha plantation project in Oromia in Ethio...More

Bajaj two-wheeler sales marginally down


New Delhi, Aug 3 (IANS) India's second largest two-wheeler maker Bajaj Auto Monday said its sales dipped 0.7 percent last month to 168,731 units as compared to 169,971 units sold ...More

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