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Business 
Depreciating rupee helps stock markets end in green

Wednesday, 14.05.2008, 01:47pm
Indian equities markets opened in the red Wednesday, witnessed choppy trade but recovered in the second half to close in the green, thanks partly to the depreciating rupee, which was quoted at 42.63 per dollar

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Satyam's solution reduces downtime for cement companies

Tuesday, 13.05.2008, 12:34pm
Software major Satyam Computer Services Ltd Tuesday announced that it has developed a new solution to reduce downtime for process manufacturing companies, which normally take an annual or semi-annual plant maintenance shutdown.

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Mahindra & Mahindra makes foray into entertainment media

Tuesday, 13.05.2008, 12:27pm
Mahindra & Mahindra, one of India's leading automobile manufacturing companies, is diversifying into the entertainment media.

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Tata Chemicals launches JV with Irish firm

Monday, 12.05.2008, 12:32pm
Tata Chemicals Ltd has launched a joint venture with Irish agri-products distribution firm Total Produce, the company announced Monday

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Satyam reports 100 percent growth in Middle East revenues

Sunday, 11.05.2008, 11:38am
Leading Indian software company Satyam Computer Services has registered over 100 percent growth in revenue, pushing it to 102.76 million dirhams ($28 million), from the Middle East in 2007-08

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ACC freezes cement prices

Friday, 09.05.2008, 07:46am
India's leading cement manufacturing firm Associated Cement Companies (ACC) has decided to freeze prices for the next two to three months.

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Godrej to launch flat screen, LCD televisions

Thursday, 08.05.2008, 03:31pm
Godrej Appliances, the consumer durable division of the multi-products firm Godrej & Boyce Manufacturing Co, will shortly enter the highly competitive television market, said a top company official

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Allahabad Bank registers Rs. 1.7 bn profit

Sunday, 04.05.2008, 09:16am
Allahabad Bank - one of the oldest joint stock banks in India that started operations in 1865 - posted a net profit of nearly Rs.1.7 billion for 2007-08 compared to Rs.1.25 billion of the previous fiscal, according to bank officials

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Microsoft rescinds offer for Yahoo

Sunday, 04.05.2008, 02:55am
Software giant Microsoft said Saturday it had pulled its offer for Yahoo after a higher offer failed to move the internet company .

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Microsoft raises Yahoo bid as talks intensify

Saturday, 03.05.2008, 07:59am
 A mammoth deal that would reshape the internet landscape loomed closer Friday after Microsoft reportedly raised its bid for leading web portal Yahoo.

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Microsoft and Yahoo intensify takeover talks

Saturday, 03.05.2008, 07:49am
Microsoft and Yahoo executives intensified takeover talks Friday but could not reach agreement on a price for the deal, The Wall Street Journal reported

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NMGB to open more branches in state:4

Saturday, 03.05.2008, 07:39am
 The North Malabar Gramin Bank has recorded a growth rate of 25% in business during the financial year that ended in March 2008.

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Hyundai Motor logs 47.8 percent growth in April

Thursday, 01.05.2008, 03:34pm
The country's second largest car manufacturer Hyundai Motor India Ltd Thursday announced a cumulative sales growth of 47.8 percent for April 2008.

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Titan aims Rs.4.5 bn from eyewear venture

Monday, 28.04.2008, 02:45pm
 Titan Industries Ltd aims an annual business of around Rs.4.5 billion ($112.5 million) in the next five years from its recently launched eyewear venture, said company managing director Bhaskar Bhat here Monday.

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Narsimha Rao is new HYSEA president

Friday, 25.04.2008, 03:53pm
The Hyderabad Software Exporters Association (HYSEA) has unanimously elected M. Narsimha Rao as its next president for a two-year term.

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Titan Industries' net profit up 60 percent

Friday, 25.04.2008, 03:52pm
India's leading watch maker Titan Industries Ltd posted net profit of Rs.1.5 billion ($37.5 million) for 2007-08 against Rs.940 million of the previous fiscal, posting a year-on-year (YoY) growth of 60 percent, the company said here Friday.

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Kirloskar Brothers' turnover exceeds Rs.15 bn

Tuesday, 22.04.2008, 04:25pm
India's leading water management solutions provider Kirloskar Brothers Ltd (KBL), has for the first time clocked a turnover exceeding Rs.15 billion ($375 million) in 2007-08, a 15 percent growth over previous fiscal

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Oberoi wins SATTE Lifetime Achievement Award

Sunday, 20.04.2008, 04:04am
  P.R.S. Oberoi, the 82-year-old chairman and CEO of the Oberoi Group of Hotels, was Saturday honoured with the SATTE Lifetime Achievement Award for his contribution to the hotel industry.

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Reliance Retail inks groundbreaking deal with Marks & Spencer

Saturday, 19.04.2008, 02:51am
Britain's largest retailer Marks and Spencer (M&S) will open at least 50 stores across India over the next five years after signing a path-breaking agreement with the Mukesh Ambani-led Reliance Retail Ltd (RRL) Friday.

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Reliance Retail inks JV deal with Marks and Spencer

Saturday, 19.04.2008, 02:41am
Mukesh Ambani-led Reliance Retail Ltd (RRL) will set up a joint venture firm with British food retailer Marks and Spencer (M&S) with an initial investment of 29 million pounds (Rs.2.3 billion).

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Infosys workforce to cross 100,000 mark this year

Tuesday, 15.04.2008, 01:59pm
Headcount of Infosys Technologies Ltd is set to cross 100,000 this fiscal (2008-09), with a gross addition of over 20,000-25,000 people to its present strength of 91,187, a top company official said here Tuesday

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Left, UNPA MPs march to parliament to protest inflation

Tuesday, 15.04.2008, 07:26am
MPs of the Left front and the United National Progressive Alliance (UNPA) Tuesday marched to parliament from Jantar Mantar to protest against rise in prices of essential commodities.

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Infosys declares 400 percent special dividend

Tuesday, 15.04.2008, 07:12am
Infosys Technologies Ltd has declared a whopping special dividend of Rs.20 per share (400 percent on par value of Rs.5 per share) for fiscal 2007-08

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Jet Airways launches Mumbai-Hong Kong service

Monday, 14.04.2008, 11:35am
Jet Airways has launched its service to Hong Kong from Mumbai's Chhatrapati Shivaji International Airport (CSIA), to become the first private Indian carrier to fly to Hong Kong

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Tata Communications to expand its global network to Egypt

Monday, 14.04.2008, 11:29am
Tata Communications Ltd. has inked a deal with TE Data S.A.E., a subsidiary of Telecom Egypt and Egypt's largest P-based data communications carrier for the expansion of its global VPN (virtual private network) service in Egypt

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