Apr 21, 2014 06:42 PM
Cadbury India Limited on Monday announced it has changed its name to Mondelēz India Foods Limited. The company, however, clarified that the move will have no impact on product names or brands.“The change in name of the company will have no impa
Apr 21, 2014 05:54 PM
With an aim to more than double its market share in two years in India, smartphone maker HTC on Monday announced global launch of its lowest priced smartphone Desire 210 for Rs. 8,700 in New Delhi.“In the last 12 months or so we have been thinking a
Apr 21, 2014 11:44 AM
India’s largest software services firm Tata Consultancy Services (TCS) has signed an agreement with Japanese major Mitsubishi Corporation to form a single IT services unit, the company said on Monday. The merger, in which TCS will hold 51 per cent
Apr 21, 2014 07:17 PM
Private insurer Reliance Life Insurance Company (RLIC) on Monday launched ‘Online Term’, an online life cover plan at an affordable premium.“Online Term is a simple life protection product that is based on - adequate cover and people sho
Apr 21, 2014 06:58 PM
LIC Housing Finance on Monday reported 17 per cent rise in net profit at Rs. 370.02 crore for the fourth quarter ended March 31.The company had posted a net profit of Rs. 316.16 crore in the January-March quarter of 2012-13.Total income of the housing fin
Apr 21, 2014 06:08 PM
The Supreme Court on Monday allowed an annual cap of 20 million tonnes of iron ore to be extracted in Goa which was banned by it in the state for nearly one-and-a-half years.A bench comprising justices A.K. Patnaik, S.S. Nijjar and F.M.I. Kalifulla, howev
Apr 21, 2014 06:00 PM
The Supreme Court on Monday reserved its order on Sahara Chief Subrata Roy’s petition challenging its decision to send him to jail in the case relating to non-refund of more than Rs. 20,000 crore of investors money.A bench of Justices K. S. Radhakri
Apr 21, 2014 05:38 PM
Tata Power on Monday said its Rs. 2,000-crore rights issue has been oversubscribed by nearly two times.Tata Power had offered up to 33 crore equity shares at a price of Rs. 60 per share for an amount aggregating to Rs. 1,993.38 crore on a rights basis, wh
Apr 21, 2014 04:50 PM
Reserve Bank of India (RBI) executive director G. Gopalakrishna has voluntarily retired from the service and joined as director of Centre for Advanced Financial Research and Learning (CAFRAL).CAFRAL, a not-for-profit organisation, is an independent body f
Apr 21, 2014 04:12 PM
The Prime Minister’s Office (PMO) has sought a status report from the Petroleum Ministry on issues around the implementation of the Cabinet decision to almost double natural gas rates. The Cabinet Committee on Economic Affairs (CCEA) had first on
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