Tata Nano, billed as the world's cheapest car, entered Sri Lanka's taxi market billed as a more comfortable and safer alternative to rickety three-wheel auto rickshaws.
A strike at car maker Maruti Suzuki's Manesar plant entered its fifth day yesterday, causing a production loss of 4,200 vehicles.
ONGC has launched a massive exploration drive for gas extraction in Tripura to meet the requirement of 726 MW gas-based thermal power project at Palatana in South Tripura, which is scheduled to start power generation by December 2012.
Reliance Industries (RIL) has asked the government to withdraw restriction on movement of expats from one oil and gas block to another as the limitation was hindering its operations.
Apollo Tyres will make Dubai its operational hub for the Middle East markets with plans to invest around $1.5 million annually starting this year.
mjunction, the equal joint venture (JV) company held by Tata Steel and Steel Authority of India (SAIL), is scouting for acquisitions in lieu of expansion and has shortlisted two companies in Europe for the purpose.
Indraprastha Gas, promoted by state-run oil firms, has served a legal notice to the petroleum sector regulator for granting city gas distribution licenses in absence of key members on its board, allegedly against a recent Supreme Court order.
The Union environment ministry has asked Naveen Jindal owned Jindal Steel & Power to respond to allegations that the company had built its coal washery at Raigarh in Chhattisgarh without obtaining prior environmental clearance from the ministry.
As the government prepares to issue additional radio licenses and announce new guidelines for the sector, leading FM channel operators such as Entertainment Network India (ENIL) and Reliance Broadcast Network (RBNL) are eying acquisitions.
Viom Networks, a telecom tower JV between Tata Teleservices and the Kanoria Family, who are founders of SREI Infrastructure, confirmed its interest for Reliance Infratel's tower assets.
Private air-carrier SpiceJet will begin regional operations from Tier-2 and 3 cities like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and Indore from mid-July using the Bombardier Q400 Next Gen turboprop aircraft.
Infosys is evaluating options to tap into UK's multi-billion government outsourcing market, as it seeks to compete better with larger domestic rival Tata Consultancy Services by increasing its share of revenues from public sector departments looking to cut costs.
Credit rating agency, ICRA, reduced Reliance Communications' long-term rating to LAA from LAA plus for its Rs 28,116 crore long-term debt and its Rs 5,000 crore non-convertible debenture programme.
Nirma’s delisting of its equity shares from stock exchanges has been kept in abeyance until further notice from market regulator SEBI, following which its exit offer to shareholders has also been deferred.
Infrastructure and real estate company Atlanta was expecting up to 60% growth in revenue as well as net profit year-on-year for the next five years on the back of healthy order book.
Pune-based Garware Motors is looking to forge a joint venture to manufacture the Hyosung range of bikes here in India with Korean S&T Motors Corporation within the next two years.
Jindal Synfuels (JSFL), a subsidiary of Navin Jindal managed JSPL, plans to set up a Coal to Liquid (CTL) plant with an overall capacity of 80,000 barrels per day (bpd) equivalent of key oil products such as Diesel, Naphtha, and LPG near Augul where JSPL is coming up with a steel plant.
The State Bank of India, which shocked investors with a 99% plunge in quarterly earnings, will scrap the annual interest rate reset clause on all loans and move to uniform base rate-linked payments to smoothen out the fluctuations in its profitability.
Gujarat NRE Coke has launched an issue of $50 million direct, unsubordinated, unconditional and unsecured convertible bonds due to matured by 2016.
Shopper's Stop is planning to raise prices of private labels by 10-12% from July 1, 2011. Recently, the company wholly owned subsidiary --Crossword Bookstores-- opened up one 'Crossword' franchisee store at Udaipur.
RPG Group company CESC Ltd has inked a deal to pick up a 4.8% stake in Australia- listed mining company Resource Generation for $10 million.
MindTree Unveils Bluetooth Solutions Suite for In-car Health Applications.
Companies like Ajmera Realty, KLK Industries, Shikhar Leasing & Trading and Sukhjit Starch & Chemicals are going to announce their results today.
