The Hong Kong-based Hutchison Telecommunications International would record a profit of around HK$70 billion, once the sale of 67 per cent stake in Hutch-Essar is completed.
The Empowered Group of Ministers on Ratnagiri Gas and Power Pvt Ltd on Wednesday decided to pool the price of gas for Dabhol
For the second time in a year, Air Deccan overtook state-owned Indian (formerly Indian Airlines) in 2006, making it country's second-largest domestic carrier.
According to an industry analyst, the telecom infrastructure sector needs over $20 billion, while the passive infrastructure segment needs an investment of over $12 billion.
VSNL intends to set up the unit through its wholly owned subsidiary, VSNL Global Services.
According to highly placed sources, the anomalies in taxes on the cruise operator, coupled with a 50 per cent load factor, have led to a loss of over Rs 75 crore.
The Indian express industry is set for sizzling growth, despite rising usage of facilities like short messaging services or multimedia message services.
Pune, Dehradun, Goa and Kerala are fast emerging as preferred destinations for the retired and would-be retirees.
In a bid to enter India's booming petroleum sector, the Hinduja group has entered into a joint venture agreement with Oil and Natural Gas Corporation
India's east coast is emerging as one of the hydrocarbon hotspots in the world with 100 trillion cubic feet of gas and two billion barrels of oil in place.
The JV will plough the funds into its property development biz in India.
Mumbai-based Leela Palace has joined the largest hotel alliance of the world, the Global Hotel Alliance
The steel-to-telecom conglomerate Essar group has roped in London-based creative and consultancy firm, Start Creative, to create a new brand identity.
Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.
The group intends to emerge as a consumer-oriented group, shedding its existing heavy industries tag.
Afcons, a Shapoorji Pallonji group company, is planning to raise around Rs 300 crore (Rs 3 billion) through an initial public offering.
Cairn India is actively considering the option of evacuating its crude oil from Rajasthan through Viramgam in Gujarat
When the news of steel baron LN Mittal getting into the energy sector without his Indian exploration and production partner, Oil and Natural Gas Corporation surfaced, there was much speculation about whether the alliance was on the verge of a break-u
Oriental Insurance Company has bagged the domestic aviation industry's first-ever contract to cover losses owing to fog for national flag carrier Air-India.
The domestic telecommunications sector is likely to get an additional $40 billion in investments by end of 2010, of which $15 billion would come in by the end of 2007.
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