Archive for the ‘Business’ Category
Ban on export of iron ore from Karnataka

Ban on export of iron ore from Karnataka

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BANGALORE: Chief Minister B S Yeddyurappa on Thursday announced a ban on export of iron ore from Karnataka , saying that it was the only way to stop illegal mining in the state. This post was submitted by virendra kumar yadav. Read More →

Core sector logs 3.4% growth, its poorest show in 11 months

Core sector logs 3.4% growth, its poorest show in 11 months

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NEW DELHI: The six core sector industries grew at the slowest pace in eleven months at 3.4% in June from a year ago, confirming fears that the ebbing shift in industrial growth that surfaced last month is for real. This post was submitted by Rishi Kumar Maurya. Read More →

Cameron arrives in India, seeks to boost trade ties

Cameron arrives in India, seeks to boost trade ties

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NEW DELHI: British prime minister David Cameron, who arrived in Bangalore on Tuesday night, will be looking at India to shore up his country’s economic recovery. This post was submitted by Harshit Agrawal. Read More →

NTPC adds 490 MW to power the Common wealth Games

NTPC adds 490 MW to power the Common wealth Games

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New Delhi, July 25 – State-run power utility NTPC has added 490 MW, commissioning the second unit of its Dadri plant near here, to power the 2010 Commonwealth Games, beginning Oct 3. This post was submitted by Harshit Agrawal. Read More →

Idea Cellular Q1 Net Profit Drops

Idea Cellular Q1 Net Profit Drops

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Idea Cellular Ltd., a part of the $24 billion Aditya Birla Group and India’s leading GSM mobile services operator, announced financial results for the first-quarter, reporting lower net profit, both on consolidated and stand-alone basis. This post was submitted by komal. Read More →

Dr Reddy’s Q1 net profit down 14.3 pc at Rs 210 cr

Dr Reddy’s Q1 net profit down 14.3 pc at Rs 210 cr

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it of Rs 210 crore for the quarter ended June 30, down by 14.3 per cent from Rs 244 crore in the first quarter of the previous fiscal. This post was submitted by komal. Read More →

IDBI Bank integrates home fin unit

IDBI Bank integrates home fin unit

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IDBI Bank has dropped its plan to sell its housing finance unit—IDBI Homefinance—and has decided to merge it with itself. This post was submitted by komal. Read More →

Bharti-Walmart awaits new FDI policys

Bharti-Walmart awaits new FDI policys

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Cash-and-carry firm Bharti-Walmart is eagerly awaiting policy changes in the multi-brand retail sector and expressed hope that it could be a big player once FDI is allowed. This post was submitted by komal. Read More →

Khazanah Said to Have Sold 5% Stake in Telekom Malaysia for $181 Million

Khazanah Said to Have Sold 5% Stake in Telekom Malaysia for $181 Million

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Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, sold a 581.3 million ringgit ($181 million) stake in state-controlled Telekom Malaysia Bhd. as part of the government’s plans to reduce its local business holdings. This post was submitted by Harshit Agrawal. Read More →

Lavasa plans IPO to raise over Rs 2000 crore

Lavasa plans IPO to raise over Rs 2000 crore

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Lavasa, the hill city project near Pune being developed by Hindustan Construction Company Ltd, is planning to tap the capital market to raise funds. This post was submitted by Anil Kumar Chaudhary. Read More →

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