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VSNL set to transfer retail Internet business
Wednesday, 08.08.2007, 04:09am
MUMBAI: Videsh Sanchar Nigam (VSNL) will hive off its retail Internet business unit into a subsidiary to simplify the holding structure and to allow for possible unlocking of value in future. The company's shareholders approved the spin-off at the annual general meeting (AGM) in Mumbai. |
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FIPB permits Autoliv’s India venture
Wednesday, 08.08.2007, 04:07am
NEW DELHI: The Foreign Investment Promotion Board (FIPB) has given a conditional go-ahead to Swedish auto-component manufacturer Autoliv's independent venture in India. It has ruled out the clash of interests through violation of Press Note 18, as alleged by its Indian partner IFB Automotive Pvt Ltd.
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A-I takes delivery of new Boeing 777-200LR
Sunday, 07.29.2007, 09:46pm
NEW YORK: With the delivery of its first Boeing 777-200LR airliner this week, Air India took a major step forward in its multi-billion dollar modernization and fleet upgrade program that will significantly enhance passengers' in-flight experience with the latest in safety, comfort and entertainment. |
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Will boom in hospitality industry last?
Sunday, 07.29.2007, 09:44pm
NEW DELHI: Delhi's established players of the Indian hospitality industry last week discussed the current boom being witnessed by the industry and debated how long will this boom really last. The industry gurus were brought together at the Hotelex Conclave II, |
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Mittal to set-up steel plants in Orissa, Jharkhand
Sunday, 07.29.2007, 09:43pm
NEW DELHI: Global steel tycoon L N Mittal said his company ArcelorMittal would set up fresh steel capacity of 24 million tonne through separate plants in Orissa and Jharkhand, while asking the Centre to expedite allocation of captive mines for the purpose.
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Ambani's Antilia wants to be heard before Wakf takes away land
Sunday, 07.29.2007, 09:41pm
MUMBAI: Antilia Commercial Pvt Ltd, the Mukesh Ambani-run company whose land on Altamount Road is on the verge of being reclaimed by the Wakf Board, has asked the custodian of Muslim religious property to hear its version before taking any action. |
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Tata Motors bids for Ford's Jaguar & Land Rover
Monday, 07.23.2007, 12:22am
LONDON: Tata Motors, India's biggest automobile company, is understood to be in early stages of evaluating a bid for acquiring the Jaguar and Land Rover marques from Ford Motor, British media reports said. |
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Anil charges Mukesh-led RIL of unfair practices
Monday, 07.23.2007, 12:19am
MUMBAI: Anil Ambani-owned Reliance Natural Resources Ltd charged Mukesh Ambani's Reliance Industries of adopting unfair practices with regard to gas supply from the KG basin.During a hearing before the Bombay High Court on a petition filed by RNRL, |
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MoU with Japan on Delhi Mumbai Industrial Corridor
Wednesday, 07.04.2007, 01:07am
NEW DELHI: India and Japan signed here on Monday a MoU to pave the way to develop Delhi-Mumbai Industrial Corridor (DMIC) which would entail trade and connectivity.
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Indian IT industry to reach USD 50 bn mark
Wednesday, 07.04.2007, 12:13am
BANGALORE: India's IT software and services sector are expected to clock revenues of USD 50 billion this fiscal as against USD 39.6 billion in 2006-07, Nasscom annual survey said. |
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