Even though the company's revenue figures are not public, it has so far raised $93 million in four rounds of funding.
Currently, Air India operates 21 flights per week to London -- seven on the Mumbai-London sector, and 14 on the Delhi-London sector -- the airline said in a statement.
Software-to-soap maker Wipro Ltd plans to reduce its greenhouse gas footprint by half in the next five years. The Bangalore-based company with significant interests in IT, would reduce GHG intensity to 2.5 tonnes per employee by 2015, according to the company's second sustainability report released recently. The GHG footprint for the India operations of Wipro's IT business stands at 4.79 tonnes per employee.
The company is already in talks with Indian oil refiners to buy paraxylene which is developed from naphtha, a refining byproduct. The company plans to use paraxylene as a raw material to make purified terephthalic acid (PTA), a petrochemical product used in polyester and plastic.
Ford India's commitment to launch a new product in the country every 12-18 months will see the company strengthening its domestic supplier base, as it seeks to keep the costs down while maintaining global quality standards.
The 3G spectrum auction evoked an excellent response from mobile operators on day one on Friday, with the reserve price of Rs 3,500 crore (Rs 35 billion) for pan-India operations escalating nearly 12 per cent to Rs 3,913.81 crore (Rs 39.138 billion).
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
Capgemini, the Paris-based IT services and consulting company, plans to hire more than 4,000 people for its India operations during this quarter, according to a senior official of the company.
Coca-Cola is bullish about its India operations after recording one of its highest growth numbers in the October-December 2009 quarter
The bid price for 3G spectrum continues to rise as it touched Rs 10,749 crore (Rs 107.49 billion) for pan-India operations on the 21st day of auction, assuring the government of Rs 43,372 crore (Rs 433.72 billion) in terms of revenue.
The move aims to increase operating efficiency and establish greater autonomy at the operating level in the company's India operations.
Moshin Chaudhary has been out of news for quite some time. The Pune blasts have now brought this name back in the limelight and the Mumbai ATS has launched a massive manhunt. Moshin Chaudhary, according to several Indian Mujahideen operatives, had taken over the India operations of the IM following the arrest of Safdar Nagori and the fleeing of Abdul Subhan. Chaudhary was closely associated with Riyaz Bhatkal, the founder of the IM.
The Unified Licence for all 22 Service Areas across India will make the company the first telecom operator in the country to get pan India Unified Licence, the company said in a statement.
The company is currently developing the electric Indica with a Norway-based firm for launching the car in the European market by 2011.
Reliance Retail (RRL), a subsidiary of the Reliance Industries, is on an expansion mode with plans to add more stores in the southern states.
Consumer durables player, Panasonic India, plans to set up its first manufacturing unit in India. It has shortlisted three locations for the factory -- Chennai, Pune and Gurgaon -- and is soon expected to take a final call in this regard.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
Drug firm Strides Acrolab on Tuesday said it is in a position to supply Oseltamivir Capsules, the only available medicine against Influenza A HINI virus (Swine Flu), to meet the demand both from domestic and overseas market.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
About to touch Rs 1,000 crore (Rs 10 billion), India ranks among the eight most important countries in Reckitt Benckiser's global operations with sales in excess of 7 billion pounds (over Rs 55,000 crore). In an interaction with Pradipta Mukherjee, Reckitt Benckiser's India chairman and managing director Chander M Seithi reveals that plans are afoot to introduce most of its global brands in personal-care, home-care and over-the-counter drugs in India.
Well known banker Naina Lal Kidwai has been appointed as the country head of HSBC group companies in India. Kidwai will assume the chairmanship of HSBC India operations and the appointment is effective from April 15, an HSBC statement said.
The losses are primarily because the venture operated only for 18 days in June, with only two flights.
Indian investigators say that Headley was not a womaniser but used women as a perfect cover for his operations. The IB says that this is contrary to the image Headley portrayed during his interrogation by the FBI. He came across as a devout Muslim, who was very uncomfortable with women.
The Association claimed to represent 13 operators, including Mega Cabs, Easy Cabs, Meru Cabs, Tab Cabs, which run their services in several cities across the country.
United States-based cab company Uber was on Monday booked for cheating by the Delhi Police in connection with the alleged rape of a 27-year-old finance company executive in its cab by the driver on Friday night in New Delhi.
As per the agreement, Nissan Motor India 'can enjoy concessions in the wharfage up to 60,000 units per annum.'
United States-based cab service provider Uber has landed in another controversy with one of its drivers being accused of molesting a female passenger during a ride to Gurgaon.
IndiGo was the only airline to have reported profits during this period, barring 2011-12 when it made a loss of about Rs 88 crore (Rs 880 million.
The Kochi city police commissioner Manoj Abraham told media persons that Haleem, a former Students Islamic Movement of India operative and one of the main accused in the bomb blast at Bengaluru was held.
Gold demand will go up in the second half of this year.
Iterating its commitment to India operations, Barclays India said: "We continue to be fully committed to our long term plans in the country. Barclays India, which is part of British banking giant Barclays Plc, has six entities operating in India employing more than 5,000 people.
'We have discontinued or replaced certain contractual staff, total number not exceeding double digits, in the north India operations involved in activities under the discretionary cost head,' a Reliance Industries spokesperson said in reply to an e-mailed query sent by Business Standard. According to some employees, who claimed to have been retrenched, the number of laid-off people is much higher. However, the company denies this.
The company has proposed to launch the 'made-in-India' car in the next three years. Given its nascent engineering strength, the Indian auto co is looking at existing platforms. The company will, therefore, save a fortune by not opting for a completely new car platform. Generally, the cost of developing a new platform constitutes a substantial part of the expenditure incurred on a new car's production.
Umer Ahmed, a member of the Al Qaeda-backed Al Nusra, was killed in a suicide bombing in Syria.
Indian airlines on Wednesday began evacuating stranded people from flood-ravaged Jammu and Kashmir with Air India flying back 270 passengers free, as DGCA asked them to cap total fares including taxes on Srinagar-Delhi and Leh-Delhi sectors at Rs 2,800 and Rs 3,000 respectively.
Consumer durables major Videocon Industries' subsidiary Datacom Solutions, which has received telecom licences to begin pan-India operations, is planning to commence network rollout starting August 15 and services by year-end, becoming one of the first newcomers to launch operations.
"We have so far invested $1 billion in India and there is no question of puting a cap on it", Karl Slym, president and managing director of India operations, told reporters in Bangalore after unveiling the SUV Chevrolet Captiva Automatic, a premium Sports Utility Vehicle and small car Spark Muzic Special Edition.
'Brexit might delay the sale process of Tata Steel's UK operations'.
The company, which has invested more than Rs 10,000 crore in India since the entry in 1989.
Indian overtakes China in gold consumption.
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