Aug 1, 2014 11:26 PM
In his first letter to Infosys employees, the company’s first non-founder CEO and Managing Director, Vishal Sikka, said that his plans for the company included reinforcing focus on IP and products and platforms to drive new scale and economics. Inte
Aug 1, 2014 07:30 PM
As consumer sentiments continued to remain positive on the back of reduction in prices post excise-duty cuts, major car makers, including Maruti Suzuki and Hyundai, posted a growth in domestic sales in July. Car sales in India have been under pressure,
Aug 1, 2014 11:45 PM
New India Assurance Co Ltd has reported a strong 19 per cent growth in its net profit at Rs.311 crore for the first quarter of present fiscal when compared with the net profit of Rs.262 crore in a year-ago period on the back of health premium growth. Glob
Aug 2, 2014 02:03 AM
The fate of the controversial Insurance Bill hangs in the balance with nine Opposition parties, including the Congress, giving a joint notice on Friday in the Rajya Sabha for referring the Bill to a Select Committee of the House.Sources said the Leader of
Aug 1, 2014 11:52 PM
It will facilitate supply of imported coal to the NTPC’s Farakaa super thermal power project and other prospective users of the supply chain The Shipping Ministry has announced that it is accelerating work on a crucial transhipment point on Orissa
Aug 1, 2014 11:48 PM
‘Exorbitant tax rates have acted as a disincentive for the industry to grow and modernise.’ Having lost competitive edge to low-cost manufacturing countries such as China, Vietnam and Cambodia, the domestic footwear industry has urged the Fi
Aug 1, 2014 11:37 PM
Japanese auto maker Nissan’s upcoming new small car will be positioned below the Datsun Go, according to a top official of the company. The Nissan brand in India is gearing up for a new growth trajectory after revamped dealer business, supported by
Aug 1, 2014 11:29 PM
The company has been asked to clarify its business model The decision of PTL Enterprises Ltd. (formerly Premier Tyres Ltd.), owned by the Kanwar family of Apollo Tyres, to disinvest its entire holding in two hospital entities, namely, Artemis Medicare S
Aug 1, 2014 11:21 PM
Drug firm Pfizer, on Friday, issued a lockout notice at its Thane plant following labour unrest, stating the step was necessitated to ensure safety of its employees. “Pfizer has been forced to issue a lockout notice at its Thane manufacturing plan
Aug 1, 2014 11:08 PM
Berger Paints plans to commission by September this year two units — one for decorative paints and the other for automobile paints.“The plant at Hindupur in Andhra Pradesh will go on stream this August, while the one at Jejuri near Pune will b
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