MCX, the nation’s largest commodity bourse might ask the regulator to revive IPO the route. This is believed to be the effect of increasing pressure from Citigroup and Fidelity who wished to exit after MCX’s [...]
Peseta
West Bengal has decided to promote organic farming in the state. In its attempt to do organic cultivation, the government will be developing one bio-village in all of the 341 blocks of the state in [...]
Reliance Industries Ltd. (RIL), has one more time stopped the production of crude oil at its KG-D6 block to hook up more oil wells with a view to raise the production level to 40000 barrels [...]
Indian banks’ customers are increasingly opting for getting their Fixed Deposits renewed at the present rates amid fears of rate cuts. Banks are currently trying to balance their acts of ‘focusing on CASA (Current account [...]
To save its market from getting hurt by the Nano entry, Bajaj has decided to go with price cut in the three-wheeler vehicles. It said that the company has enough capital to declare a reduction [...]
On one side where salary slicing is still being followed by a number of companies, other names like Maruti Suzuki, Wockhardt Hospitals, Dabur, LG Electronics and max India Group are devising means to keep the [...]
MNCs from Pharma sector are evaluating the animal healthcare business of Wockhardt. Among the ones in race are Sanofi-Aventis and Pfizer. The estimated amount to be fetched from selling of Wockhardt’s arm is 150 crores. [...]
Though both the industrial output and inflation have been registering a downslide, the former seems to recover from the setback. The investments being made in the various industrial sectors are providing the much needed push [...]
On Thursday, EGoM (Empowered Group of Ministers) cleared the allotment of gas output from KG-D6 refinery of Reliance to power companies. This approval from EGoM after a similar permission was granted regarding the fertiliser companies. [...]
On Thursday, Lupin has signed an agreement with Natco for Fosrenol tablets. The medicine is used in treatment of Kidney Ailments. India though is thought to be a key market for the drug, the sales [...]
