Companies

Rel Cap plans to sell stake in life insurance biz

July 21, 2009 1:21:14 pm

This would be done either through strategic sale or IPO,ADAG Chairman Anil Ambani said.

Top-10 cos add over Rs 1.42 lakh cr

July 19, 2009 1:48:20 pm

The country's top-10 firms added Rs 1,42,000 crore to their market capitalisation last week.

Mumbaikar Vichare gets first Tata Nano

July 17, 2009 9:33:57 pm

The much awaited Nano hit the roads with Raghunath Vichare becoming the proud first owner.

Lufthansa makes new offer on Austrian

July 17, 2009 6:02:31 pm

Lufthansa has made new concessions in its bid for Austrian Airlines to allay antitrust concerns,European Union regulators say.

SAIL to borrow Rs 5,000 cr in FY’10

July 17, 2009 2:12:25 pm

SAIL said it would borrow Rs 5,000 crore this fiscal to partly fund its expansion plans.

India Inc sees 8.1% rise in hiring activity in Jun: Survey

July 16, 2009 7:43:27 pm

Corporate India's hiring activity witnessed a significant rise of 8.1 per cent in June.

Charles resigns from Jet Airways board

July 16, 2009 3:35:24 pm

Private carrier Jet Airways said Charles A Adams has resigned from its board of directors with effect from July 7.

Bajaj Auto Finance Q1 net jumps 5 fold

July 15, 2009 3:13:10 pm

Bajaj Auto Finance reported a jump of 5 fold in its net profit for the first Q ended June 30.

Air India expected to suffer Rs 5000 cr loss

July 14, 2009 3:03:57 pm

Air India is estimated to suffer a loss of around Rs 5,000 crores in 2008-09 due to operating losses,high oil prices and debt servicing.

Goldman execs sell $700 mn in stock

July 14, 2009 12:02:42 pm

Goldman Sachs executives sold almost $700 mn worth of stock since the collapse of Lehman.

Investors sue Antigua over Stanford’s fraud

July 14, 2009 12:00:06 pm

Investors argued that the twin-island Caribbean nation benefited from Stanford's $7 bn fraud.

US mulling mortgage aid for unemployed

July 14, 2009 11:58:02 am

The official said it was reasonable for policymakers to consider options for loan forbearance.

KG gas belongs to Government: Deora

July 12, 2009 2:50:37 pm

Union Petroleum Minister Murli Deora reiterated that the KG gas belongs to the Government.

SC to hear plea against Rel Petroproducts in Aug

July 12, 2009 2:39:36 pm

The SC will decide in Aug a petition filed by the IT Department alleging that Reliance Petroproducts had not revealed relevant information.

Jet terminates 43 trainee technicians

July 11, 2009 3:40:45 pm

Jet Airways terminated the services of 43 trainee junior technicians on contract.

Essar Oil cuts fuel prices by up to Rs 2.50 a litre

July 10, 2009 5:24:48 pm

Taking cues from falling global oil prices,the country's largest private fuel retailer,Essar Oil Ltd,will cut petrol and diesel prices in the range of Rs 0.50 to Rs 2.50 a litre from July 16 to bring them at par with rates of public sector firms.

Punj Lloyd group bags orders worth over Rs 5,904 cr

July 10, 2009 1:49:41 pm

The biggest of the three contracts is the turnkey project to develop Al-Mea'tega Resort Village.

‘JLR to make profits in two years’

July 9, 2009 7:06:08 pm

Tata Motors has said Jaguar and Land Rover,which have posted over Rs 1,700 crore annual losses,will turn profitable in two years.

LG not to reduce prices of LCD TVs

July 8, 2009 7:15:15 pm

Korean major LG said it is not in a position to pass on the benefit to consumers as the cost of panels has gone up.

IT firms Q1 net seen up,prospects cloudy

July 8, 2009 5:03:38 pm

Infosys,which is seen as a trend setter,will be first to off the blocks with Q1 results on Friday.

Satyam probe: Raju’s remand extended till July 22

July 8, 2009 3:08:45 pm

A local court on Wednesday extended the judicial custody of B Ramalinga Raju and other accused in the multi-crore Satyam scam till July 22.

Ford cuts Endeavour price post Budget ’09

July 7, 2009 6:56:16 pm

Car maker Ford India reduced the price of its premium SUV Endeavour by Rs 6,000.

Tata Steel sales volume up 22 pct in Q1

July 7, 2009 2:45:44 pm

Tata Steel said its sales volume surged to 1.4 mn tonnes in the first quarter of current fiscal.

Ambani bros may come together for prayer meet

July 5, 2009 3:49:56 pm

Warring Ambani brothers Mukesh and Anil are expected to come together once again.

Initial work on Bhatinda refinery likely by 2011: Mittal

July 5, 2009 3:11:45 pm

L N Mittal said initial installations at Bhatinda oil refinery is likely to come up in the first half of 2011.

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