The government is under strong pressure from its Left party allies to scrap the Technical Expert Group on Patent Laws headed by R A Mashelkar, former chief of the Council for Scientific and Industrial Research.
Three top global asset management and investment banks - American International Group, JP Morgan Asset Management and Japan's Mitsubishi UFJ Securities today announced their India strategy, vying for a place in the second fastest growing economy in t
After the $11.1 billion winning bid by Vodafone for Hutchison, the spotlight now shifts to the Ruia-owned BPL Mobile Communications.
Novelis world leader in flat rolled aluminium products, customers include Coke, GM.
The Ruias, Anil Dhirubhai Ambani group, Hindujas and Vodafone are all believed to have put in their bids.
Dabur Pharma has sold its entire non-oncology business to Alembic for approximately Rs 167 crore
Y Gopala Rao who retired as chairman and managing director, Bharat Electronics, a defence PSU based out of Bangalore, had identified cutting costs as a key objective for the future.
Airtel has launched a new service -- Temple Offering -- for its subscribers in Karnataka and Andhra Pradesh. The service will help Airtel subscribers to make their donations to temples using their mobile phones.
Cambridge Solutions, a Rs 1,200 crore (Rs 12 billion) integrated IT & BPO firm, has sold a part of its government vertical, run under its subsidiary Albion in the United States to Affliated Computer Services for $30 million.
The UK Takeover Panel has initiated discussions with the two suitors for Anglo-Dutch steelmaker Corus Group -- Tata Steel and CSN of Brazil -- to lay down the process for selecting the winner.
US-based IT company Compuware Corporation opened its first India office in Bangalore on Tuesday.
The West Bengal government is going all out to woo investors and cross-subsidisation using proceeds from sale of land is the new mantra.
DaimlerChrysler India, which doubled the sales of its Mercedes-Benz luxury cars in India in calendar 2006, is seeking government support to further develop the luxury car market in India.
Nimbus Communications filed a petition in the Delhi high court on Monday challenging the government's uplinking guidelines that directs private channels to share live sports feed of all cricket matches held in India with national broadcaster DD.
Finance Minister P Chidambaram has announced that the government will soon notify an interim investment pattern for pension funds, pending the passage of the Pension Fund Regulatory and Development Authority Bill in Parliament.
Under current laws, banks are required to maintain at least 25 per cent of the deposits under SLR by investing in government securities, which no longer provide attractive returns.
The governments of Orissa, Jharkhand, Chhattisgrah and West Bengal are trying to keep the land losers happy.
Over 1,00,000 acres will be taken over by the Chhattisgarh, Jharkhand, Orissa and West Bengal governments or government agencies
A proposed Rs 9,000 crore (Rs 90 billion) greenfield modernisation and expansion programme is expected to give a fresh lease of life to Iisco Steel Plant, a unit of Steel Authority of India.