Premier Automobiles Ltd is planning to launch its light utility van in September-December 2003 and expects to make "substantial profit" from this project with annual sales of 10,000-12,000 vehicles.
L K Advani, Bharatiya Janata Party stalwart and leader of the Opposition in Lok Sabha, addressed the 81st annual general meeting of the Federation of the Indian Chambers of Commerce and Industry (FICCI) on Thursday. In his speech, Advani makes a strong case for Swadeshi, creatively redefined, as a model of development to benefit Bharat, and not just India.
US Commercial Service, the nodal agency for identifying business prospects and partners in the US, has been successful in working out 600 business deals for the Indian companies in the past one year.
The ruling Mahayuti alliance in Maharashtra is heavily banking upon a six to 10 per cent shift in voters -- mostly women -- in its favour to return to power with anywhere between 160 and 170 assembly seats, say four MLAs belonging to Eknath Shinde's Shiv Sena.
After two postponements, Hockey India has finally set the ball rolling for its much-awaited elections by issuing notices to affiliated state units to nominate two members by Thursday for its February 7 Annual General Meeting.
Kingfisher Airlines' plans to raise $400 million are on track and private equity players have showed keen interest in investing in the airline, its chairman Vijay Mallya said on Friday after the annual general meeting in Bangalore.
Taro, which has been warding off a takeover bid by the Indian firm ever since their proposed $454 million merger deal was called off in 2008, warned the shareholders that if Sun was successful in its bid, then the Israeli firm may be facing the same fate as that of Caraco Pharmaceutical Labs.
Connor's nomination was announced by her predecessor, Sri Lankan legend Kumar Sangakkara, at the Annual General Meeting last year but she had to wait for a year to take charge due to COVID-19.
With RIL entering a new growth phase in telecom and retail, gen-next, say RIL executives, could soon be seen holding the reins of the firm, assisting their father, Chairman Mukesh Ambani.
Vodafone Idea (Vi) is working on a fresh business plan that could alter its funding requirements. Addressing shareholder queries at the company's annual general meeting (AGM) on Wednesday, Vi chairman Himanshu Kapania said the exact amount will be worked out upon submission of a new business plan. "The management is working on a new business plan and will come to the board with the funding requirements," Kapania told shareholders in his first AGM as chairman.
The under-fire Board of Control for Cricket in India on Friday adjourned its crucial Special General Meeting, called to consider the sweeping reforms suggested by the Supreme Court-appointed Lodha Committee, on technical grounds.
Anil Ambani Group firm Reliance Power has chalked out an ambitious plan to invest about Rs 80,000 crore (Rs 800 billion) in the next three years for creating 20,000 MW of thermal power generation capacity.
State-run Indian Oil Corporationon Tuesday said that it has earmarked $1 billion for the acquisition of good-quality producing or developing E&P assets abroad.
Puri has been at the helm of the bank since its inception in 1994.
The group has charted a growth plan through managing properties.
A huge market for private equity investment is waiting to be tapped in India and China, the two rapidly growing economies of the world, speakers at the ongoing annual general meeting of Asian Development Bank (ADB) said.
Rahul Bajaj, the chairman of steel firm Mukand, is expected to resign on Saturday and continue as a director on the board
The last date for filing the nominations for the ICC top job is October 20. The ICC Board will meet from November 11-13 in Melbourne.
Reliance Communications (RCom), the country's second biggest mobile operator promoted by Anil Ambani, has earmarked Rs 30,000 crore for capital expansion this financial year with an aim to take its subscription to 100 million by 2010 from the current 60 million.
Ginger Hotels are the Tata Group's chain of budget hotels.
The bitter feud in the Rajasthan Cricket Association has prompted the Board of Control for Cricket in India to shift the opening One-Day International in the best-of-seven series between India and Australia, on October 25, from Jaipur to Vadodara.
The government has set a target of bringing the fiscal deficit down to 5 per cent of the GDP by 2011, and 4 per cent of the GDP by 2012.
Dismissing all suggestions that only a Parsi with a Tata name would succeed him, Tata Group chairman Ratan Tata on Monday said that the new incumbent would neither be a pro-Parsi nor an anti-Parsi, but the 'right person'.
Gopal Krishna Gandhi played a crucial role in trying to resolve the stalemate at Singur where Tata Motors suspended work on the Nano small car project for almost a month. The stand off between the ruling Left Front and the Opposition Trinamool Congress over acquisition of land for the project had dampened the prospects of Nano-roll out from the state as had been planned earlier.
State-run utility NTPC plans to more than double its power generation capacity by 2017 from the current 30,000 MW, diversifying further into renewable and nuclear energy.
Due to the over-heating of the valuations of companies in India, private equity player Electra Partners is giving greater emphasis to investments in South East Asia.
Former West Bengal Director General of Police Dinesh Bajpai will take on the veteran cricket administrator in the Cricket Association of Bengal's election for president.
The tobaccos-to-hospitality major ITC has earmarked an whopping Rs 23,000-crore (Rs 230 billion) investment over the next seven to ten years for its FMCG, paper and hospitality businesses.
It is confidential for Bajaj, Nissan and Renault and so, I will not speak much about it." The total cost of this project is Rs 2,000 crore (Rs 20 billion).
Board of Control Cricket in India president Shashank Manohar was on Wednesday authorised to resolve the IMG issue and report back to the board at its Annual General Meeting on September 24.
The decision to bid for the Games, with Delhi as host city, was taken at the Executive Council and Annual General Meeting of the IOA.
After a successful career as a player, Matthew Hayden is now gearing up to become an administrator and could replace Allan Border in Cricket Australia's Board.
When Indian Hotels Chairman Ratan Tata told shareholders at the annual general meeting earlier this week that the hotel chain, which operates the Taj group, continues to be impacted by the slowdown, he was merely echoing what P R S Oberoi, his counterpart at the East India Hotels (EIH), had said recently.
Shareholders took the FMCG major to task on issues ranging from the mercury pollution in the pristine environs of Kodaikanal in Tamilnadu to changing the name to Hindustan Unilever Limited.
It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.
The hospitality industry has around 212,000 rooms, with an industry size of about Rs 82,000 crore. The industry could grow at an annual rate of 10.5 per cent for the next three financial years, despite a quiet Q1FY25. The demand will be driven by domestic travellers, who will contribute roughly 50 per cent of the growth, while foreign tourists will account for 30 per cent.
Former Board of Control for Cricket in India president AC Muthiah bit the dust in the Tamil Nadu Cricket Association elections as Board treasurer N Srinivasan and his team made a clean sweep, winning all the posts. Srinivasan and Kasi Viswanathan were re-elected as the president and secretary respectively of the Association in its 78th Annual General Meeting in Chennai.
