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Business

Air India flight from Dubai makes emergency landing

Mumbai, May 13 (IANS) Air India's Dubai-Pune flight made an emergency landing at the Chhatrapati Shivaji International Airport (CSIA) here Tuesday afternoon following hydraulic failure. Airport
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Madhya Pradesh to set up industrial corridor panel

Bhopal, May 13 (IANS) Madhya Pradesh Chief Secretary Rakesh Sahni will head the empowered committee to be set up by the state government to oversee ...
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Regulator says powers limited to curb unsolicited calls

New Delhi, May 13 (IANS) The Delhi High Court Tuesday was shocked to hear that even the telecom regulator does not have the powers to ...
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Tata Indicom launches walky talky in Kolkata

Kolkata, May 13 (IANS) Telecom service provider Tata Indicom Tuesday launched its walky talky service in Kolkata. Tata Teleservices Ltd regional head-east and chief operating officer ...
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Hero Electric plans acquisitions

Chennai, May 13 (IANS) Hero Electric, the wholly owned subsidiary of the Hero Group, Tuesday said the company was in acquisition talks with two Indian ...
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Supreme Court refuses putting roadblock against Nano rollout

New Delhi, May 13 (IANS) The Supreme Court Tuesday refused to put any roadblock before the world's cheapest car Nano's planned rollout by the year-end ...
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KEC bags Rs.1.11 bn power grid contract

Mumbai, May 13 (IANS) Power transmission major KEC International Ltd has bagged a Rs.1.11 billion ($27.75 million) contract from the Power Grid Corp of India. The ...
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Himachal hydel power PSU gets mini ratna status

Shimla, May 13 (IANS) Sutlej Jal Vidyut Nigam Limited (SJVNL), a public sector hydel power company based in Himachal Pradesh, was Tuesday given the status ...
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Israel Aerospace Industries, Tata ink defence production pact

New Delhi, May 13 (IANS) Israel Aerospace Industries Ltd (IAI) and India's Tata group have inked a framework agreement for cooperation in the development, manufacturing, ...
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Indian markets close in red after choppy trade (Roundup)

Mumbai, May 13 (IANS) Indian equities markets that opened in the green Tuesday morning remained choppy in the second half and slid to close in ...
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Markets flat in afternoon trade (Second Lead)

Mumbai, May 13 (IANS) The Indian equities markets, which opened in the positive zone Tuesday, were trading flat in the afternoon. However, consumer durables, realty ...
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Varun Shipping profit up 59.73 percent

Mumbai, May 13 (IANS) Varun Shipping has announced a profit after tax (PAT) of $56.44 million (Rs.2.2 billion) during the fiscal year 2008 compared ...
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Government to launch regional airline for northeast

Agartala, May 13 (IANS) The central government would launch a dedicated regional airline for the northeastern region by January next year, union minister for the ...
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Markets open in green zone

Mumbai May 13 (IANS) The Indian equities market Tuesday opened in the green zone tracking favourable cues from Asian markets. The 30-share benchmark sensitive index ...
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Markets trading cautiously in green zone(Lead)

Mumbai, May 13 (IANS) The Indian equities market bounced back Tuesday mirroring favourable global markets cues, but remained cautious as the initial trade progressed. Realty, metals, ...
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Arvind's organic cotton project saves farmers from suicide

Ahmedabad, May 13 (IANS) An organic cotton project initiated by the city-based textile manufacturer Arvind Ltd in 33 villages in the backward Akola region of ...
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JetLite flight to Goa grounded

Mumbai, May 13 (IANS) A JetLite flight to Goa was grounded at the Mumbai airport after its tail flap was hit by a step ladder ...
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India ready for trade across LoC

Srinagar, May 12 (IANS) India has made all arrangements for trade across the Line of Control (LoC) and a green signal from Pakistan is awaited, ...
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Disaster averted at Jaipur airport

New Delhi, May 12 (IANS) A jet blast of a JetLite flight damaged the windshield of an aircraft of Kingfisher Airlines at Jaipur's Sanganer ...
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RCom signs JV deal with Alcatel-Lucent

Mumbai, May 12 (IANS) Reliance Communications Ltd (RCom), part of the Anil Dhirubhai Ambani Group (ADAG), has entered into a joint venture with global telecom ...
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Hyatt Corp, Lanco group sign accord on Hyatt Hyderabad

Mumbai, May 12 (IANS) Global Hyatt Corp Monday entered into an agreement with Lanco Hills Technology Park Ltd, part of the Lanco Group, for the ...
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Renault-Nissan, Bajaj form JV for small cars

Chennai, May 12 (IANS) India's Bajaj Auto Ltd will set up a join venture (JV) with the Renault-Nissan alliance to produce and market small cars ...
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Slowdown in industrial growth rings alarm bells (Roundup)

New Delhi, May 12 (IANS) India's industrial production growth continued its downward slump since September causing concern to industry even though government was optimistic that ...
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Arvind targets $1 bn revenue by 2010 (Lead)

Mumbai, May 12 (IANS) Ahmedabad-based Textile manufacturer Arvind Ltd is targeting to earn $1 billion (Rs.40 billion) in revenue by next year and plans to ...
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Tata Chemicals launches JV with Irish firm

Mumbai, May 12 (IANS) Tata Chemicals Ltd has launched a joint venture with Irish agri-products distribution firm Total Produce, the company announced Monday. The new business ...
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