DLF will sell its wind energy business to an unlisted firm founded by the former General Electric India boss Tejpreet Singh Chopra for around Rs 900 crore. The divestment of wind energy business has already been finali ...
Hindalco Industries plans to start its 1.5 million tonnes per annum (mtpa) alumina refineryin Odisha by the end of March 2013. The plant, in Odisha's Rayagada district, was scheduled to start ...
Cement prices after remaining subdued for last few months, have once again started surging in most parts of the country. The northern region has taken a lead as the price hike is in the range of Rs 20-25 while in the west, pri ...
Havells India is planning to double the production capacity of its Baddi plant in Himachal Pradesh to 10 lakh stock-keeping units (SKUs) per day in the next 6-9 months. Currently, Havells is manufacturing around five lakh SKUs a day ...
The Maharashtra cabinet has passed the revenue department's proposal to charge extra duty from multiplex/ cinema exhibitors, who charge up and above Rs 250 per ticket from the viewers. The move, which will add to the state government's purse ...
KPIT Cummins announced the launch of its app deployment framework, Apps-to-Go. The app deployment framework for in-vehicle infotainment (IVI) systems and smart phones is meant to allow car makers & Tier 1s to bring apps to cars a ...
Grounded Kingfisher Airlines made another attempt to convince DGCA on its revival plans, but failed to provide any details on its funding which the aviation regulator wanted. Kingfisher CEO met Director General of Civil Aviatio ...
The government is expected to take a decision tomorrow on a proposal for the revival of Scooters India Ltd. After the government shelved the plan to sell its entire stake in the state-owned firm, the Department of Heavy Industries (DH ...
Gitanjali Group announced that its US based subsidiary Samuels Jewelers comparable jewelry store sales for the 9 week holiday season for 2012 were up 8.4%, driven by an 11.2% increase in December. The season kicked off with record breaking Black Fr ...
CCI is believed to have expressed reservations over a proposed Rs 11,166 crore purchase of a majority stake in UB group's United Spirits Ltd, as it has found certain clauses of the deal to be based on probabilities and not definitive in natu ...
In order to meet its obligations under the fuel supply agreements (FSA), Coal India(CIL) may finally start importing in the current fiscal itself as the company has received requisition for import. CIL has got requisition for import of five- six ...
Jyoti Ltd have secured an order worth Rs 137 million from NCC Ltd. for supply, installation and commissioning of 4 concrete volute type pumps with discharge capacity of 40000 CuM/Hr each and associated motors for cooling water system of 2x6 ...
Expanding cement making capacity in India, Germany's Heidelberg Cement commissioned first phase of its Rs 1,400 crore expansion plans, taking its production to five million tonnes per annum (mtpa). The leading global cement maker, wh ...
Ranbaxy Laboratories and its Japanese parent Daiichi Sankyowill integrate their business operations in Thailand as part of strategy to maximise synergies, which is expected to commence business on April 1, 2013. The developme ...
GSM operators lost 6.62 million customers in December 2012 after losing nearly 10 million in the month prior to that as India's financially-stressed mobile phone companies continued to weed out inactive users. At the same time, customer additions h ...
Persistent Systems, announced it has entered into a definitive agreement to acquire privately-held NovaQuest, a product lifecycle management (PLM) and search based technology solutions company and a leading Value Added Reseller (VAR) and ser ...
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