On Wednesday, The Godrej Consumer Products Ltd announced that the company’s board has approved to raise Rs 3,000 crore via security issues to fulfill its several corporate obligations. The Board of directors in a meeting [...]
Bank of America
Reliance Industries announced on Tuesday that the company has discovered D3 deep-sea block in the Krishna Godavari basin which is located near the East-coast. The discovery has been the 3rd successful discovery of gas deposits [...]
Indias largest IT services company, Infosys Technologies has been awarded with the $83 million IT services contract for Karnatakas power distribution utilities. Karnataka Power Transmission Corporation managing director Latha Krishna Rau told the media that [...]
Reliance Industries Executive Director R.Ravimohan died last night in Mumbai following cardiac arrest. A Reliance spokesperson rported that the director, who was involved in the acquisition of the multinational petrochemicals company LyondellBasell Industries, was rushed [...]
The job market outlook in sectors like finance, real estate and constructions amongst several other verticals looks quite promising in 2010, a number of industry and manpower experts have predicted. With economy firming up quite [...]
The BSE sensex closed 86 points down as the share market failed to maintain a brief spell of recovery in the afternoon. The index opened at 16,847.7 points in the morning and managed to come [...]
On Tuesday a new joint venture has been formed between ZF-Lemforder, a German company and Hero Chassis Systems. The deal is likely to be formalized by selling 50 percent stakes of Hero Chassis to a [...]
Finance Minister Mr. Pranab Mukherjee discarded the demand of opposition party leaders to spin off the increased duties on automotive fuel and crude oil on account of poor financial conditions in a general discussion on [...]
The union cabinet today has approved a 8 percent hike in the dearness allowance of central government employees and pensioners. The decision is likely to go down very well with its target audience given the [...]
With inflation showing no apparent signs of slowing down, the Reserve Bank of India is mulling the possibility of hiking rates in near future. Expressing the rationale behind such a possibility, the governor of RBI, [...]
