News for 'CMD'

Syndicate Bank scam: Is the 'middleman' evading arrest?

Syndicate Bank scam: Is the 'middleman' evading arrest?

Rediff.com22 Aug 2014

Special CBI Judge Swarana Kanta Sharma observed that the accused was 'concealing himself' and despite issuance of non bailable warrants against him twice, he could not be arrested by the probe agency.

Remove export controls: Mukesh Ambani

Remove export controls: Mukesh Ambani

Rediff.com8 Nov 2010

Reliance Industries CMD Mukesh Ambani made a strong argument in favour of removal of export controls by the US to give a further boost to the partnership between India and the US.

Jharkhand coal mine collapse: Death toll climbs to 17

Jharkhand coal mine collapse: Death toll climbs to 17

Rediff.com1 Jan 2017

The incident occurred at around 7.30 pm on December 29 when a massive mound of earth came crashing down on excavators at Lalmatia open cast coal mine of Eastern Coalfields Ltd, the worst such disaster in over a decade.

Sunil Arora takes over as CEC, rolls out plans for Lok Sabha polls

Sunil Arora takes over as CEC, rolls out plans for Lok Sabha polls

Rediff.com2 Dec 2018

"For the Lok Sabha elections, we are making meticulous planning on all fronts including electronic voting machines (EVMs) and the voter verifiable paper audit trail (VVPAT)," he said.

RBI's mantra: Save now to spend later

RBI's mantra: Save now to spend later

Rediff.com6 Aug 2014

Borrowers who were hoping for lower interest rates on their home or car loans might be in for some disappointment.

India eyeing coal assets in Australia

India eyeing coal assets in Australia

Rediff.com7 Jun 2010

India is looking at buying coal mines in Australia through two state-owned entities in a bid to bridge the domestic coal supply-demand shortfall, a top government official said on Monday.

MTNL revives bid to enter overseas markets

MTNL revives bid to enter overseas markets

Rediff.com27 Jan 2010

This move comes after the appointment of the company's new chairman and managing director Kuldip Singh.

BHEL mulls JV to finance power project

BHEL mulls JV to finance power project

Rediff.com9 Sep 2010

State-run BHEL is exploring the possibility of formation of a separate finance company as a joint venture with a strategic partner to finance power projects.

10 dead in Jharkhand mine cave-in, many still missing

10 dead in Jharkhand mine cave-in, many still missing

Rediff.com30 Dec 2016

An inquiry has been ordered by the Director General of Mines Safety and a high-level committee of experts has been constituted by Coal India to investigate the causes of the accident.

AI to pay its employees interim relief

AI to pay its employees interim relief

Rediff.com30 Nov 2010

Cash-strapped Air India, whose management has been considering slashing salaries and allowances of its employees, has signed an MoU with its officers' association to pay interim relief which would put an annual burden of Rs 36 crore.

Wage parity: Air India brass meets union leaders

Wage parity: Air India brass meets union leaders

Rediff.com8 Apr 2010

Air India top brass on Thursday met leaders of two pilots' unions and assured them that their problems would be looked into, especially those relating to the wage structure.

AI staff stage protest march to Parliament

AI staff stage protest march to Parliament

Rediff.com19 Nov 2009

The employees, holding Air India CMD Arvind Jadhav responsible for the present condition of the airline, also demanded his removal and regularisation of the payment of their due salary and productivity linked incentive.

RIL sees retail biz revenue at Rs 45,000 cr

RIL sees retail biz revenue at Rs 45,000 cr

Rediff.com18 Jun 2010

Making his ambitions clear, Ambani said the company is "well equipped to be a national leader".

Power Grid FPO to hit market in Nov

Power Grid FPO to hit market in Nov

Rediff.com29 Sep 2010

State-run transmission company Power Grid Corporation on Wednesday said that its follow-on public offer, which aims to raise about Rs 8,600 crore (Rs 86 billion), would hit the market in the second week of November.

Telecom towers leasing: Power Grid to invite bids

Telecom towers leasing: Power Grid to invite bids

Rediff.com29 Sep 2010

The company estimates a Rs 350-400-crore (Rs 3.5-4 billion) revenue potential from the telecom business in the next 4-5 years.

BHEL in JV talks with SAIL, Vizag Steel

BHEL in JV talks with SAIL, Vizag Steel

Rediff.com24 Sep 2010

State-owned BHEL on Friday said it is in talks with SAIL and Vizag Steel to tie up for manufacturing high grade steel, while Korean steel maker Posco may join the proposed joint venture company as a technology partner.

AI finalising appointments to key positions

AI finalising appointments to key positions

Rediff.com21 Sep 2010

Cash-strapped Air India is in the process of finalising appointments to three key managerial positions which would put an extra annual burden of about Rs 3.5 crore (Rs 350 million) annually, sources said.

Sunil Godhwani: The deal maker

Sunil Godhwani: The deal maker

Rediff.com25 May 2010

Religare's CMD talks about the deals for the Singh brothers of Ranbaxy and how clever structuring of deals, like on loss-making Bollywood film Rann, ensures there's no downside for the group.

3G: BSNL, MTNL not to seek sops

3G: BSNL, MTNL not to seek sops

Rediff.com20 May 2010

MTNL has a cash balance of Rs 5,000 crore.

Sensex to cross the 20,000-mark soon

Sensex to cross the 20,000-mark soon

Rediff.com14 Sep 2010

With the BSE benchmark Sensex breaching the 19,000-level and still going strong, analysts believe that Indian markets have entered a bull phase and persistent FII inflows may push the index past the 20,000-mark in the coming days.

NTPC to pick up stake in Indonesian coal mines

NTPC to pick up stake in Indonesian coal mines

Rediff.com30 Aug 2010

State-owned NTPC is likely to pick up stake in two coal mines in Indonesia, a move that would help the company secure its raw material requirement.

India's 100 highest-paid CEOs

India's 100 highest-paid CEOs

Rediff.com17 Feb 2016

India's richest businessman, Mukesh Ambani is ranked at 33 with a salary of Rs 15 crore (Rs 150 million) annually.

Jharkhand: One killed, three feared dead in mine mishap

Jharkhand: One killed, three feared dead in mine mishap

Rediff.com11 Nov 2013

One person was killed and three were feared dead after a mishap at an underground mine at BCCL's Basantimata colliery in Dhanbad district.

Biocon wins BioSingapore Asia Pacific Tech Award

Biocon wins BioSingapore Asia Pacific Tech Award

Rediff.com18 Mar 2009

Every year, BioSingapore receives nominations from biotechnology industry associations, industry peers, academics and institutions across Asia-Pacific for the most outstanding companies or individuals in various categories. The nominees are judged by a panel of distinguished leaders in the field.

Builders welcome Real Estate Bill, provision of jail harsh

Builders welcome Real Estate Bill, provision of jail harsh

Rediff.com10 Mar 2016

The new law would boost home buyer confidence as well as investment in the realty sector.

NMDC in talks to buy coal mines in Russia

NMDC in talks to buy coal mines in Russia

Rediff.com7 Jul 2010

Country's largest iron ore producer NMDC on Wednesday said it is in talks to buy coking coal mines from Kolmar in Russia to feed its proposed steel plants in Chhattisgarh and Karnataka.

BSNL to invest Rs 15,000 cr in FY10

BSNL to invest Rs 15,000 cr in FY10

Rediff.com11 Jun 2009

BSNL will use the investment for mobile expansion and for services like 3G, broadband, wireless broadband, IPTV, WiMAX, mobile commerce (m-commerce), value-added landline, Enterprise Resource Planning and others.

Budget: A road map towards fiscal consolidation

Budget: A road map towards fiscal consolidation

Rediff.com26 Feb 2010

This year's Budget has come at a time when the economy had just begun to recover from the impact of an unprecedented global economic crisis.

Real estate saw $34 bn PE investment since 2014: Report

Real estate saw $34 bn PE investment since 2014: Report

Rediff.com30 Jul 2019

Knight Frank and Royal Institute of Chartered Surveyors in their report said that 10 million homes will be delivered by 2022 as targeted by the government.

Cognizant to hire 23,000 from Indian institutes in 2020!

Cognizant to hire 23,000 from Indian institutes in 2020!

Rediff.com13 Nov 2019

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.

AI panel to begin meetings with unions next week

AI panel to begin meetings with unions next week

Rediff.com2 Oct 2009

The panel, which is a sub-committee of the Air India board, was set up on Tuesday following which the executive pilots withdrew their five-day long agitation against slashing of their productivity-linked incentive and flying allowance by half.

Indian exports to grow 10% in 2010-11

Indian exports to grow 10% in 2010-11

Rediff.com15 Sep 2009

Total export from India is expected to register 10 per cent growth during 2010-11, with all sectors including textile showing a revival, top official of Export-Import Bank of India said.

Biotech sector may double to $5 bn by 2011

Biotech sector may double to $5 bn by 2011

Rediff.com20 Jan 2010

Clinical trials, agri-biotech and bio-fuels are becoming opportunities. There are a lot of growth drivers and trigger points which, she said, will deliver in the next five years.

Himalayan tsunami: AI to operate more Dehradun-Delhi flights

Himalayan tsunami: AI to operate more Dehradun-Delhi flights

Rediff.com24 Jun 2013

While Air India employees are contributing a day's salary to the Prime Minister's Relief Fund, its pilots have offered to forego their allowances to operate to Dehradun.

RBI, Cabinet Secy scrutinising appointments of bank heads

RBI, Cabinet Secy scrutinising appointments of bank heads

Rediff.com15 Aug 2014

A panel headed by RBI Governor selects PSU bank chiefs.

ONGC hikes Pawan Hans stake to 49 pc

ONGC hikes Pawan Hans stake to 49 pc

Rediff.com27 Dec 2010

This is the first time such a service is being offered in India. While ONGC will raise its stake in Pawan Hans Helicopters Limited to 21 per cent from 49 per cent, NTPC has proposed to make an investment of Rs 55 crore in the company, Tyagi said.

Nalco's Rs 20,000-cr projects delayed

Nalco's Rs 20,000-cr projects delayed

Rediff.com10 Aug 2009

The policies of the Indonesian government and a volatile political situation in Iran are keeping the aluminium major from setting up its plants entailing an estimated investment of over Rs 20,000 crore (Rs 200 billion), NALCO CMD C R Pradhan told PTI during his recent visit to Kolkata. Nalco was aiming to ramp up its production capacity to 2,10,000 tonnes per annum for the current fiscal. In 2010-11, the capacity would be scaled up to 2,60,000 tonnes.

Five Indians among 40 influential pharma faces

Five Indians among 40 influential pharma faces

Rediff.com19 May 2008

These include former drugs controller M Venkateshwarlu, Ranbaxy CMD Malvinder Mohan Singh, Ranjit Shahani, India chief of Swiss pharma major Novartis AG, Ramaprasad Reddy, chairman Aurobindo Pharma and Rajesh Jain, joint managing director, Panacea Biotec.

'Can telcos transfer money?'

'Can telcos transfer money?'

Rediff.com2 Dec 2009

With even kiranas now entitled to perform a few banking functions, telcos can be allowed to transfer funds - customers trust them enough to pay crores of rupees in pre-paid revenues.

Central Bank of India to open 100 branches

Central Bank of India to open 100 branches

Rediff.com2 Apr 2010

The state-owned Central Bank of India on Friday said it plans to open over 100 branches during the current fiscal.