GMR Energy, the holding company of GMR group's power business, said on Tuesday it will set up a 1,000 MW coal-based power project in Chhattisgarh.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
Italian luxury sports-car maker Automobili Lamborghini on Friday launched Huracan LP 580-2 in India priced at Rs 2.99 crore (ex-showroom Delhi).
The booming East China region as well as Shanghai metropolis has wooed top Indian firms like Infosys, Satyam, TCS, NIIT, State Bank of India and Reliance to set up software development centres or representative offices.
Tata Elxsi joins hands with Tamil director Shankar to picturise a complete song sequence on a computer-generated girl dancing with live actors.
Global handset major Siemens India Ltd is planning to invest over $500 million in India in the next three to four years for setting up new factories and expanding its existing capacities in the country.
The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.
Most of them are sitting legislators and a few of them also served as ministers in the past.
The graphics claimed that the Congress was the "top job creator" in the country.
'Justice is done, I stand vindicated...' Yeddyurappa tweeted.
In the last few years, zero per cent financing has become quite attractive as consumers aspire to buy the latest products, especially in categories such as mobile phones and television sets.
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