IBM India on Wednesday announced its operations in Vizag, as part of its expansion plans to enter 14 new cities in the country, in line with its strategy to make India a truly global hub.
These firms are Avenue Supermarts, owner and operator of supermarket retail chain D-Mart; Music Broadcast Ltd, a Jagran group firm that runs Radio City FM channel; Shankara Building Product; BSE-promoted CDSL; and test-prep player C L Educate.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
Under pressure from rival CDMA operators and government on the spectrum front, Bharti Airtel on Monday offered Rs 2,650 crore (Rs 26.50 billion) for all-India frequency as an initial bid that can be increased further.
The consumption of unhealthy snacks like pakoras, noodles and chips is at its peak in the pre-dinner period and women and children are the largest consumers of such food, a new study has shown.
Sales for Hero's all-new Maestro Edge scooter will commence from October while the Duet will be launched in the following weeks positioned below the flagship Edge, says Indian automobile website MotorBeam.
Six intrepid mobike riders undertake a journey from Kashmir to Kanyakumari in support of the armed forces.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
News of all that's transpired on and off the football field
Cola brands look for life in a parallel universe. Global majors Coke and Pepsi are going all out to stock up with health and nutrition offerings.
Paramount Airways, the Madurai-based full service airline, is planning to acquire 40 more made-in-Brazil Embraer jets at a list price of $2 billion in a bid to have a pan-India presence.
AT&T has also applied for a universal access service licence (UASL), which allows operators to offer services in both GSM and CDMA technology, with the Mahindra & Mahindra group, for 22 circles. The US company, however, has stipulated that it wants a majority equity stake in the mobile venture.
Paramount Airways aims at acquiring stakes in other airlines as part of its plans for a pan-India presence by 2011, according to its top official.
There's plenty of room for everybody. With the demand for low-cost accommodation on the rise, a whole host of hospitality firms, both foreign and local, is planning to set up budgets hotels.
As the Rs 25,000-crore (Rs 250-billion) consumer durables industry has done away with price cuts this year, companies are providing consumers with a new hook -- value-added offers.
'If Baahubali were to be made in Bollywood, I would take Hrithik Roshan as Baahubali and Deepika Padukone for Devsena.' Baahubali writer K V Vijayendra Prasad looks back at the epic blockbuster.
Road Transport and Highways Minister Nitin Gadkari promised pan-India electronic toll system by December to address their concerns but ruled out complete scrapping of the toll system.
The much-awaited soft launch of Reliance Jio's next-generation mobile services has been delayed by another month.
'Wisdom demands Modi moves to restore the critical institutions of the State and dial back on the cult building around his persona,' say Sonali Ranade and Shealja Sharma.
Bharti Airtel on Tuesday said it has signed a $400 million contract with Nokia to expand its network in eight circles and deploy a pan India WAP solution.
Cellular service provider Aircel will embark on an over $400-million pan-India network expansion to double its subscriber base of 5 million over 18 to 24 months.
The company would fund the expansion through a mix of debt, equity and internal accruals.
ICICI Bank on Tuesday said it has witnessed a slowdown in home loan segment in the current fiscal, following the high realty prices in certain markets.
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
All India Organisation of Chemists and Druggists, the apex body of over 500,000 chemists that manage the bulk of the Rs 50,000 crore
The company has launched a new card, the India One Pre-paid, under which users can make STD calls at a flat rate of Re 1 per minute. SMSes to any destination in the country would also be charged at a flat rate of Re 1 per message, BPL Mobile director and CEO S Subramaniam told Business Standard in an interview.
Sources said the company would rope in private equity players in the next round of financing within a year. After reaching a particular scale, the company would also come out with an initial public offer, they added.
SIAM also said the ban, which is in effect since December 16, has resulted in production loss of around 11,000 units
Satyanweshi will release on August 30.
Many new players have challenged the offer by Bharti Airtel to pay Rs 2,650 crore (Rs 26.50 billion) to get a start-up GSM spectrum of 4.4 MHz. While some say they will up the ante and are planning to write to the government that they can offer more, others say the offer is meant to keep away new competitors.
McDonald's said on Friday it has signed an agreement with Hindustan Petroleum Corporation Ltd to open restaurants at the latter's retail outlets in Kolkata and Delhi.
JSW Steel chairman Sajjan Jindal confirmed that his group is acquiring an IPL side.
The sector is abuzz with activity as organised expansions gain momentum in the retail segment.
The launch of Reliance Jio Infocomm Ltd last September, particularly the tariff war it has unleashed on its competitors, has deepened the crisis facing India's telecom sector. One offshoot of this is the major drop in earnings reported by industry leaders Bharti Airtel and Idea Cellular with each passing quarter. Aslam Hunani/Rediff.com tells the story in numbers.
Two young entrepreneurs from Tamil Nadu are making pencils eco-friendly.
The RJD chief also hailed the Samajwadi Party-Bahujan Samaj Party alliance in Uttar Pradesh.
Most bank customers in Delhi feel that ATMs are a more secure self-service banking channel than Net and phone banking.
Grocery retailer Big Apple said on Friday it will invest Rs 45 crore (Rs 450 million) to more than double its stores in Delhi and NCR as part of its plan to have a pan-India presence by 2008-09.
Global real estate consulting firm Jones Lang LaSalle has devised aggressive plans to expand its Indian operations by doubling offices, besides increasing headcount to 3,000 from the present 800.
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