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Current Headlines | Most Read | Archives
After a gap of nine months, Chennai Port Trust (ChPT) has decided to revive three major projects.First in the agenda is the revival of ‘outer harbour project’. A proposal to this effect wil...
HTC Global to hire 7,000 in India  (31 July 12:47 am) 
Will start pursuing a serious acquisition strategy for aggressive growth.
Ripple Fragrances to expand presence  (31 July 12:47 am) 
Nearly a decade-old Ripple Fragrances Pvt. Ltd., a part of the Mysore-based over Rs.1,000-crore NR Group, is gearing up to step up its national presence to cash in on a couple of recently spotted...
U.S. keen to invest in 3 key areas  (31 July 12:47 am) 
Going by the priorities of the new government, the United States has decided to focus on three areas in India which include infrastructure, manufacturing and sectors that are more open for global...
First order of business is to continue and grow the culture, processes and plans put in place by the founders
Multiplex operator Inox Leisure, on Wednesday, said it would acquire Gurgaon-based rival Satyam Cineplexes in a Rs.182-crore deal, which would strengthen its presence in North India. The...
ITC would continue to enter newer areas in non-cigarette FMCG business, Chairman Y. C. Deveshwar said, adding that the company had demonstrated that it was possible to have multiple growth drive...
Lupin profit rises 56 %  (30 July 07:49 pm) 
Pharmaceutical major Lupin reported a record performance in the quarter ended June 2014 with the net profit rising 56 per cent to Rs.624.7 crore
Is the telecom sector, which had been buffeted by the Supreme Court order cancelling 2G licenses and sluggish economic growth, now turning the corner? A day after telecom service operator...
In line with the recovery in local equities, the Indian rupee on Wednesday washed out early losses and closed up by seven paise at over two-week high of 60.06 against the greenback. Fresh...
Solid gains in Bharti Airtel, ICICI Bank and HDFC shares helped the benchmark Sensex on Wednesday log its first rise in three sessions and end about 96 points higher to reclaim the 26K level despi...
Piramal Enterprises on Wednesday announced a strategic alliance with the Dutch pension fund asset manager APG Asset Management
In order to strengthen its customer base in India, technology firm Intuit Inc on Wednesday announced acquisition of Jaipur-based professional tax filing software provider for an undisclosed amount...
Union Steel Secretary G. Mohan Kumar on Wednesday said disinvestment of Rashtriya Ispat Nigam Limited would be taken up during the current fiscal even as the unions declared their decision to go o...
A day after home-grown e-tailer
The benchmark BSE Sensex fell over 61 points in early trade on Wednesday on selling by funds and retail investors ahead of monthly expiry in the derivatives segment amidst lower-than expected corp...
The rupee depreciated by 8 paise to 60.21 against the U.S. dollar in early trade on Wednesday, extending losses for the fourth day at the Interbank Foreign Exchange market due to month-end demand...
IDFC Ltd, on Tuesday, indicated that its proposed banking entity would rely on four pillars for growth. Rajiv Lall will step down as Executive Chairman of IDFC to take over as Managing Director of...
Nearly seven years after they co-founded Flipkart, back then an online book seller, operating out of a two-room apartment in Bangalore, the proud Bansals announced their latest milestone. The thir...
ITC defends grant of options to IDs  (29 July 11:48 pm) 
Proxy advisory firm Stakeholders Empowerment Services (SES) has criticised ITC for issuing 10,000 options each to six independent directors (IDs) 20 days after the Rajya Sabha passed the Companies...
ITC net rises 16 % in first quarter  (29 July 11:21 pm) 
ITC reported a 15.6 per cent growth in its net profit at Rs.2,186.4 crore for the three-month period ended June 30, 2014, against Rs.1,891.3 crore in the same period a year ago.The diver...
Flipside of funding Flipkart  (29 July 11:21 pm) 
Flipkart’s latest heart-stopping round of funding, which is incidentally the second biggest fund-raising globally this year, has yet again sparked questions and criticism that need to be addressed.
Cyrus Mistry unveils Vision 2025 at an internal meeting attended by CEOs of group companies
The second-best performing sector was non-ferrous metals and metal products which grew 36 per cent at $1.48 billion.
HUL and Godrej Consumer account for close to 60 per cent of the soaps market and general skincare has remained weak though HUL grew due to the re-emergence of Fair & Lovely.