As a part of its localisation strategy, the $13.9 billion Chinese consumer durables major, Haier's Indian operations on Friday announced the acquisition of Daewoo Anchor Electronics in India.
India's public sector steel companies will spend a whopping Rs 230 crore (Rs 2.30 billion) on corporate social responsibility to build 'Model Steel Villages' across the country during the current financial year.
The first Global Agro-Industries Forum will be organised in New Delhi from 8 to 11 April 2008.
Beverages giant PepsiCo on Tuesday launched 250-ml Pepsi cans at Rs 15, a price point that's 40 per cent lower than the existing 330-ml cans available at Rs 25.
Unstable markets have prompted Puravankara Projects, a Bangalore-based real estate company, to revise its initial public offer price from Rs 500-525 per share to Rs 400-450 per share.
The company emerged successful in the revised evaluated bids for the project.
When the Monopolies and Restrictive Trade Practices Commission shot off notices to 14 cement producers on July 25 for allegedly colluding to raise prices, it was New Delhi's latest flank against the industry.
The shares will be bought in the open market on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) over a period of time.
The deal will be limited to 2G lines only.
Although there are fears that the revelations mean tougher times for Indian medical professionals seeking employment in the UK, the fact is that the UK is no longer the El Dorado it was once for Indian doctors.
The proposed Rs 7,000-crore (Rs 70-billion) petrochemical complex of Gas Authority of India at Kochi has been shelved for the time being due to technical issues, according to Minister of Petroleum and Natural Gas Murli Deora.
Spice Communications, a company that offers GSM services in Punjab and Karnataka through its Spice Telecom brand, intends to raise Rs 520 crore (Rs 5.20 billion) through its initial public offering (IPO).
Cabinet refers policy on aviation to GoM.
The Vinod- and Pramod Mittal-controlled Ispat Group is all set to invest around $3 billion (Rs 12,000 crore) in Bangladesh in a gamut of sectors, including gas exploration and production, power, petrochemicals and coal mining.
The government plans to formulate a separate set of policies for regional airlines, Union Civil Aviation Minister Praful Patel said on Monday.
International no-frills budget carriers making a beeline for India.
Intends to acquire control of owner of 'Himalayan' water brand.
The central government's fiscal deficit -- the difference between its total expenditure and receipts, excluding borrowings -- for 2006-07 has been reined in at 3.5 per cent of gross domestic product.
The Cabinet on Thursday approved construction of the second international airport at Navi Mumbai in Maharashtra.
Idea Cellular, the fifth largest mobile operator in the country with around 15 million subscribers, is believed to be on the verge of clinching a cash-cum-equity buyout of Spice Telecom that values the latter at around $1 billion.
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