Industry
Mr Nitin Paranjpe (left) with Mr. Harish Manwani in Mumbai on Monday. Photo: SHASHI ASHIWAL
Retail, FMCG players should focus on growing the pie: HUL chief
There is such a huge opportunity in Indian retail and fast moving consumer goods (FMCG) that there is no need for players to fight for their share of the pie. Instead, the focus should be to grow...
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Tyco bets big on Indian retailers
Tyco International, the $8.6 billion electronic security solutions provider, is looking at retail industry in a big way in India, according to Ramesh Jayaraman, Vice-President (Retail), Tyco Secu...
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Assam tea output crosses 500 m kg
After three years, production of Assam tea has once again crossed the 500-million kg mark. The State has recorded a total production of 508.74 million kg for the year 2011. The figures for last th...
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Views differ on participants for 2G spectrum auction
"All operators and potential new entrants should be allowed to participate in the auction," Vodafone India said in its response to TRAI’s pre-consultation paper on 2G allocation.
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Kingfisher Airlines dips deep into red
After delaying release of its third quarter results for 2011-12 by a day due to ‘technical problems', Kingfisher Airlines, reported a higher loss of Rs.444.26 crore against a loss of Rs 253.69 cro...
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MUMBAI,
February 17, 2012
Air India lenders clear Rs.18,000-cr debt recast
Lenders of cash-strapped Air India on Friday approved its corporate debt restructuring plan worth Rs.18,000 crore and decided to provide a fresh cash credit of Rs.2,200 crore. Of the Rs.18,...
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NEW DELHI,
February 16, 2012
Gas pricing should be transparent: E&Y
The Central Government should frame a transparent mechanism for pricing of natural gas that rewards producers for undertaking risky upstream business, Ernst & Young has said.
“Framing...
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KOCHI,
February 16, 2012
Kerala to implead in rubber case
The Kerala Government has filed an intervention application in a special leave petition filed by State Bank of Travancore before the Supreme Court against a Kerala High Court Division Bench verdic...
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CHENNAI,
February 16, 2012
CavinKare gets active in milk space
FMCG company CavinKare Pvt Ltd. on Wednesday launched Cavin's Pure+, an ultra high temperature (UHT)-treated milk that lasts 120 days in a ‘new gen' pouch that keeps milk afresh without refrigerat...
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MUMBAI,
February 15, 2012
Marico buys personal care biz from Reckitt
Consumer products manufacturer Marico on Wednesday acquired the personal care brands of Paras Pharmaceuticals from the U.K. consumer products giant Reckitt Benckiser (RB) for an undisclosed sum. T...
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New Delhi,
February 15, 2012
Telecom licences will be delinked from spectrum
Even as the telecom industry eagerly awaits the government's decision on spectrum pricing, Communications and Information Technology Minister Kapil Sibal on Wednesday announced major conto...
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CHENNAI,
February 14, 2012
Episource to increase India headcount
The U.S.-headquartered, Episource, plans to increase its headcount in India to over 800 in the next 12 months from 200, primarily to service its healthcare clients in the U.S. In addition, Episour...
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Islamabad,
February 14, 2012
Pakistan defers plan for negative list
A day ahead of the Commerce Minister-level engagement with India, Pakistan's Cabinet on Tuesday deferred a decision on switching to a negative list approach for trade with India from the present r...
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Gurgaon,
February 14, 2012
GoM to decide on stake sale of ONGC, BHEL on Wednesday
A panel of Ministers headed by Finance Minister Pranab Mukherjee will decide on stake sale of bluechip companies ONGC and BHEL tomorrow which may fetch the government about Rs. 14,500 crore in the...
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KOZHIKODE,
February 13, 2012
Sahara to launch Tablets soon
The Sahara Group has ambitious expansion programme in the State. “We intend to have a strong presence in retail, education and housing sectors in this State”, Subrata Roy, Sahara Group Chairman, s...
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IT sector earnings likely to grow 22 %
Going the smart way
Cethar to make foray into healthcare
Paperless insurance in a year: IRDA
Tea exports drop in 2011
Govt. approves setting up centre for cold chain development
Jet fuel import may hit infrastructure snag
IT-BPO business set to cross $100 billion
MUMBAI,
February 16, 2012
RCom gets RBI nod for refinancing
Reliance Communications (RCom) has got the approval of the Reserve Bank of India (RBI) for the refinancing being provided by the Industrial and Commercial Bank of China (ICBC), the China Developme...
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New Delhi,
February 16, 2012
Centre approves Rs 550 crore Palakkad coach factory
The long-pending demand of Kerala for a rail coach factory in Palakkad has been approved by the Centre on Thursday. The Union Cabinet approved the setting up of a new rail coach manufacturi...
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CHENNAI,
February 16, 2012
Tata Sky is readying for digitisation challenge
Direct-to-home (DTH) service provider Tata Sky has asserted that it is fully geared to face the challenges arising out of the June deadline set for the first phase of nation-wide digitisation prog...
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MUMBAI,
February 15, 2012
GoAir to double frequency by 2014
Go Airlines, a leading low-fare service airline, flying to 21 destinations within India with 160 daily flights, has no plans to increase the number of destinations as of now but will double the fr...
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NEW DELHI,
February 15, 2012
PM comes to the rescue of power units
Following assurances to various power producers by Prime Minister Manmohan Singh of better fuel supply, Coal India Ltd. (CIL) will sign fuel supply agreements (FSAs) by next month for supply of fu...
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KOCHI,
February 14, 2012
Spices Board in tie up with US FDA
The spice industry will take steps to improve quality jointly with the United States Food and Drug Administration (USFDA) in order to live up to the challenges posed by the international trade.»
CHENNAI,
February 14, 2012
TTK Prestige in pact with World Kitchen of U.S.
TTK Prestige Ltd., engaged in making and marketing pressure cookers and kitchen appliances, has announced that it has tied up with the U.S.-based World Kitchen for a business relationship that coul...
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New Delhi,
February 14, 2012
RIL: KG-D6 gas output to drop to 27 mmcmd by May
Reliance Industries’ KG-D6 fields may see production drop to an all-time low of about 27 million cubic meters a day by April/May due to the entry of sand or water in the wells, a top oil ministry...
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New Delhi,
February 14, 2012
High prices of edible oil, milk push food inflation: Pranab
With inflation falling to a two-year low, Finance Minister Pranab Mukherjee today hoped it will drop further to 6 per cent by March, but warned that high prices of edible oils and milk could stoke...
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NEW DELHI,
February 13, 2012
ICAI ban on former auditor and ex-CFO of Satyam
In a further strict action against erring auditors and executives, the Institute of Chartered Accountants of India (ICAI) on Monday banned Srinivas Talluri, ex-CFO of erstwhile Satyam Computer Ser...
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Rubber output up 4.6 per cent
We should have moved faster on Nano
DGH to extend search period in KG, Mahanadi basins
PMO to monitor dedicated freight corridor project
Etisalat writes off $ 820 million against Indian operations
Implement FDI in an intelligent way: N. Ram
'Quality teas fetch good premium'
Latest in this section
Air India lenders clear Rs.18,000-cr debt recast
Tyco bets big on Indian retailers
Retail, FMCG players should focus on growing the pie: HUL chief
Assam tea output crosses 500 m kg
RCom gets RBI nod for refinancing
Gas pricing should be transparent: E&Y
Kingfisher Airlines dips deep into red
Views differ on participants for 2G spectrum auction
Centre approves Rs 550 crore Palakkad coach factory
Kerala to implead in rubber case
