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HSBC Emerging Markets Fund (01 February 05:39) |
| HSBC will become the third big fund house in the country to launch a fund allowing investors to invest in companies operating in emerging economies.
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ICICI Venture arm to invest Rs 65 crore in Medica Synergie (15 January 07:48) |
| I-Ven Medicare, the special vehicle for investments of ICICI Venture, would invest Rs 65 crore in Medicare Synergie Pvt Ltd, a healthcare chain based in the eastern region.
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India ICICI Bank plans to list subsidiaries-report (10 January 11:18) |
| India's top private bank, ICICI Bank Ltd plans to list four subsidiaries, starting with its broking arm ICICI Securities, managing director K.V. Kamath told a local news agency.
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ICICI Prudential Life strengthens service network in AP (09 January 05:14) |
| ICICI Prudential Life Insurance today announced strategic partnerships with AP Online, the e-governance initiative of the state Government and the Department of Posts.
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Voltas targets Rs 10,000 crore turnover by FY10 (26 October 01:17) |
| Substantial growth in business, both local and international, would propel the company towards the Rs 10,000 crore mark, a company official said.
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Ashok Leyland Q2 net profit falls 16 pc YoY (23 October 09:12) |
| Ashok Leyland posts a net profit of Rs 80.33 crore for the quarter ended September 30, 2007 compared to Rs 95.36 crore in the same quarter a year ago. |
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BMW shifts gears, rolls its art cars into Mumbai (12 October 03:02) |
| It isn’t only canvasses that are worth millions. Who better to prove this than luxury car maker, BMW, currently showcasing its two most expensive art pieces featuring the works of Andy War... |
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Federal-Mogul plans new plant in Chennai (12 October 03:02) |
| US auto component co is looking at setting up a greenfield facility to manufacture friction seals for brakes and clutches for an initial investment of Rs 60 crore. |
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TCS adding 4,000 to global consulting practice department (06 October 06:14) |
| As a part of its big push into Global Consulting Practice (GCP), TCS will add 4,000 to its consulting headcount in the next three years. |
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Essar Shipping bids for Bulgarian shipping company (06 October 06:14) |
| The Essar arm joins two other bidders in race for the century-old co valued at $700m. The privatisation agency in Bulgaria will announce the name of the qualified bidders by October 19.
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LIC to file its first health insurance plan this month (06 October 06:14) |
| LIC has already put in place the support systems for the health insurance plan. It has tied up with eight third-party administrators to manage claims under the policy.
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Jet Airways to add 20 more Boeing planes as traffic soars (06 October 06:14) |
| The planes can be used on domestic as well as international flights to south-east Asia and the Middle East. The planes can be used on domestic as well as international flights to south-east ... |
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Ranbaxy regains top slot in pharma chart (06 October 06:14) |
| India’s largest pharma company by revenue, Ranbaxy Laboratories has topped the charts in August in the domestic retail market. |
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Ranbaxy to hive off R&D biz (04 October 06:36) |
| Ranbaxy Laboratories is planning to hive off the research and development (R&D) of its new chemical entities (NCEs) into a separate company.
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BSNL to invite tenders for setting up 50K WiMax kiosks (04 October 06:36) |
| Public sector BSNL is set to issue tenders for setting up 50,000 Common Service Centres (CSCs) - ICT-enabled kiosks - across the country. This will be one of the largest deployment of WiMax ... |
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Ranbaxy ups Zenotech stake to 45 pc (04 October 06:36) |
| Ranbaxy Laboratories has taken control of Hyderabad-based biotech company Zenotech by increasing its stake in the latter to 45% from 7%, for Rs 214 crore. The buyout is valued at Rs 160 per ... |
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Bank of Baroda expands financial reach, adopts Rajasthan district (04 October 06:36) |
| With RBI pushing banks into financial inclusion, banks are seriously looking at expanding their reach to the unbanked and under-banked sections.
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Wockhardt plans CRAM play to bag big US, European deals (24 September 08:15) |
| Domestic pharma major Wockhardt has decided to enter the lucrative contract manufacturing (CRAM) space from the next fiscal. |
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Gharda, Godrej won't smoke peace pipe (23 September 12:31) |
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BSNL set to offer net telephony (20 September 09:34) |
| BSNL is looking to offer internet telephony, or Voice Over Internet Protocol (VoIP), by year end. |
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BHEL blackout: Govt plans global bids (20 September 09:34) |
| The government may invite global bids for sourcing equipment for 800 mw super critical power plants instead of engaging Bharat Heavy Electricals (BHEL) on a nomination basis.
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Ranbaxy eyes US Bradley Pharmaceuticals (20 September 09:34) |
| Ranbaxy Laboratories is said to have joined the race to acquire US-based Bradley Pharmaceuticals to strengthen its presence in the lucrative US dermatology generics market. |
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RNRL writes to govt on RIL gas price (20 September 09:34) |
| Anil Ambani’s Reliance Natural Resources (RNRL) has written to the government stating that a decision on Reliance Industries’ (RIL) gas-pricing issue should be taken subject to the final... |
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Reliance Energy to hive off EPC division (20 September 09:34) |
| The Anil Ambani-controlled Reliance Energy (REL) is planning to hive off its engineering, procurement and construction (EPC) division into a new company. |
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Bajaj factions seek time from CLB for settlement (20 September 09:34) |
| Bajaj brothers Rahul and Shishir, who are engaged in a legal battle over division of the group, on Wednesday sought time from the Company Law Board to resolve their differences. |
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Kotak mutual launches 3-month fixed maturity plan (20 September 09:34) |
| Kotak Mahindra Asset Management Co. Ltd. said on Tuesday it has launched a close-end debt fund with a maturity profile of three months. |
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Microsoft to replace Xbox 360 wheel after reports of defect (20 September 09:34) |
| Microsoft will send out replacement parts for its Xbox 360 Wireless Racing Wheel after 50 reports that the video game controllers overheated and released smoke when plugged in. |
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Reliance Capital buys 26% in VTSL (20 September 09:34) |
| Reliance Capital (RCL) has picked up 26% stake in Victory Transformer & Switchgear (VTSL), a fully-integrated transformer manufacturing company, for Rs 75 crore. |
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Star joins hands with TIMES NOW and Zoom (20 September 09:34) |
| Star group on Thursday announced a multi-year subscription relationship with TIMES NOW, the country’s leading English news television channel, and Zoom, the country’s most watched lifest... |
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Egypt shortlists Tatas, Essar for $3 bn steel unit (20 September 09:34) |
| Interestingly, the two are also involved in similar greenfield projects in Vietnam, which also has one of the world’s largest deposits of natural gas. |
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RIL, RNRL face off in court over KG gas (20 September 09:34) |
| RNRL counsel Mukul Rohtagi completed his arguments seeking a firm supply of gas for 17 years at $2.34 per mmbtu as agreed in the demerger scheme. |
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HCL Tech net up 108 pc at Rs 486 cr (20 September 09:34) |
| HCL Technologies says its net income for the fourth quarter ending June 20 rose 108.9 per cent to Rs 486.7 crore. |
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Ranbaxy gets USFDA nod for diabetic drug (20 September 09:34) |
| Drug maker Ranbaxy's wholly-owned US subsidiary receives USFDA approval to market Metformin Hydrochloride tablets. |
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Gail may tie up with RIL, HPCL for petrochem plants (20 September 09:34) |
| Gail India is likely to tie up with Reliance Industries (RIL) and HPCL to set up two greenfield petrochemical plants. |
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GSPC-Essar consortium bid for oil blocks in Syria (20 September 09:34) |
| State-owned Gujarat State Petroleum Corporation (GSPC) and Mumbai-based Essar Group have jointly bid for an oil and gas exploration block in Syria. |
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M&M may buy design co in Italy (06 September 03:14) |
| M&M plans to buy a design firm in Italy to expand presence in the automotive space. |
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L&T Capital invests Rs.1 bn in Rangsons Electronics (28 August 06:41) |
| L&T
Capital Company Limited, a group concern of engineering major Larsen &
Toubro (L&T), has invested around Rs.1 billion for a stake in Mysore-based
Rangsons Electronics Pvt. Ltd., an elect... |
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Mahindra to begin exports to Brazil by end-2007 (24 August 11:22) |
| Mahindra & Mahindra Ltd, India's top utility vehicle maker, will begin exports of its pick-up truck to Brazil by the end of the year. |
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RCoM buys Yipes for $300 mn (14 August 05:05) |
| RCoM has acquired Yipes Holdings in an all-cash deal valued at $300 million. |
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Secret of Bajaj Allianz success
(14 August 05:05) |
| The secret behind early profits of Bajaj Allianz Life Insurance is out. The company has managed to avoid losses on new unit-linked policies through a product that allows it to front-end cha... |
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Cadbury ropes in Sunil Sethi to head sales in India (14 August 05:05) |
| Cadbury India, has roped in Sunil Sethi from Colgate-Palmolive, Hong Kong to head its sales division in India. |
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Dishman Pharma buys Swiss co for Rs 349 cr (14 August 05:05) |
| Hyderabad-based Dishman Pharmaceuticals and Chemicals on Wednesday said it has acquired Swiss research-based company Cabbogen Amcis AG. |
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Electrolux reports mixed earnings news (14 August 05:05) |
| Electrolux, the world's leading electrical appliance maker, reported a 53.2 per cent fall in second quarter net earnings that it attributed to a rise in raw materials costs and delays in ne... |
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Fiat’s golden handshake for Kurla unit employees
(14 August 05:05) |
| Fiat India has announced a voluntary retirement scheme (VRS) for its workers at the Kurla factory in Mumbai. |
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GoAir denies talks with Paramount
(14 August 05:05) |
| The Jeh Wadia-led GoAir on Wednesday said no meeting or discussion has been held with Paramount’s management or shareholders for any kind of alliance, merger, sale or financial participati... |
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TCG softens stand on Haldia equity (14 August 05:05) |
| In A reversal of its earlier stand, The Chatterjee Group (TCG) told the Company Law Board (CLB) that it was not averse to the West Bengal Government holding on to its equity share in Haldia ... |
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IBM, ADP, Genpact, Infy in race for Citi’s BPO biz
(14 August 05:05) |
| The first round of bids for Citi’s business process outsourcing operations - Citigroup Global Services (formerly known as e-Serve) - is likely to be completed this week. |
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Jessop asset revaluation at Rs 800 cr (14 August 05:05) |
| Public sector engineering firm Jessop & Co Ltd said the it has been revalued at Rs 800 crore, up from Rs 35 crore valued prior to its disinvestment.
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Kinetic shifts gear on recast road (14 August 05:05) |
| In its 25th year, Kinetic Engineering (KEL) is re-engineering itself as an auto component manufacturer, having exited the two wheeler manufacturing business as of December 31, 2006. The gro... |
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L&T, Korean co want to build shipyards (14 August 05:05) |
| Shipping biggies L&T, Essar, Shapoorji Pallonji, Bharti Shipyard and Korean major STX are keen on setting up two mega shipyards at a total cost of over $1.5 billion. |
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