Business News

First joint trade chamber for divided Kashmir chooses chief

Thu, 09 Feb 2012 21:45:09 GMT

As part of the cross Line of Control (LoC) initiatives between two parts of Kashmir, a Srinagar-based businessman was today elected to head a business interests body representing both sides.

Manpower shortage in business aviation affecting safety: DGCA

Thu, 09 Feb 2012 17:33:32 GMT

An acute shortage of trained manpower in general (business) aviation is affecting flight safety in the fast growing sector, the industry regulator said today.

Sensex zooms 123 points up, FII interest intact

Thu, 09 Feb 2012 17:55:49 GMT

A late rally helped a benchmark index of Indian equities markets close 123 points up today, with metals and realty stocks gaining the most.

India's exports up 10.1 percent to $25.4 bn in January

Thu, 09 Feb 2012 17:15:54 GMT

India's exports grew by 10.

Hindalco Industries quarterly net profit drops 2 percent

Thu, 09 Feb 2012 17:30:02 GMT

Hindalco Industries Limited today posted a decline of 2 percent in net profit at Rs.

Technopark IT firm carves niche in mobile applications

Thu, 09 Feb 2012 16:51:37 GMT

In less than two years, the Technopark-based Schogini Systems have made giant strides in mobile applications, touching 3,000 downloads every day of their around 450 mobile applications and even getting a word of praise from US President Barack Obama.

Sensex rallies in last hour, closes 160 points higher

Thu, 09 Feb 2012 15:52:43 GMT

A benchmark index of Indian equities markets today shot up in the last hour of trade, after languishing in the red for most of the day, and provisionally closed 160 points higher.

MTS launches zero paisa plan to retain customers

Thu, 09 Feb 2012 15:52:17 GMT

In the wake of older players attempting to lure the subscribers of telecom firms affected by the cancellation of 2G licenses, Sistema Shyam TeleServices Limited (SSTL), which operates under the MTS brand on Wednesday offered a zero paisa plan to retain its customers.

Warrior Face-Off in Discovery channel's One Man Army

Thu, 09 Feb 2012 13:07:18 GMT

What do you get when you pit military, extreme sports and law enforcement operatives against one another? Discovery Channel will present One Man Army, a competition series which sees the toughest of the tough go head to head in events that would sideline regular contestants in an instant.

Hydropower major forays into wind power

Thu, 09 Feb 2012 10:55:28 GMT

After testing the waters, the Satluj Jal Vidyut Nigam Limited (SJVNL) which owns and operates India's largest hydropower project in Himachal Pradesh has now decided to venture into wind energy.

Love your morning cuppa? Get ready to pay more

Thu, 09 Feb 2012 10:59:07 GMT

The humble tea is set to turn a bit pricey.

Industries sagging in Jammu and Kashmir

Thu, 09 Feb 2012 11:08:02 GMT

Industries in Jammu and Kashmir are showing signs of decline despite the incentives and concessions provided by the central government since 2002.

CEAT to set up tyre plant in Bangladesh

Thu, 09 Feb 2012 07:31:35 GMT

Indian tyre major CEAT, an RPG Group company, will set up a Rs.

ONGC's third quarter net profit down five percent

Wed, 08 Feb 2012 18:48:37 GMT

Oil and Natural Gas Corporation (ONGC) today reported a 4.

Thomas Cook's India business up for sale

Wed, 08 Feb 2012 18:02:08 GMT

Global travel business major Thomas Cook today said it was in the process of selling its 77.