PM's intervention sought to revive AI
A former senior officer of Air India has sought urgent intervention of the Prime Minister in reviving the national carrier, claiming that it was sinking into financial bankruptcy very fast.
PSPCL to set up 1,320-MW thermal power project
State-owned Punjab State Power Corporation (PSPCL) would set up 1,320-MW thermal power project at Mukerian.
Sezal Glass eyes growth through organic, inorganic routes
Sezal Glass, which will receive Rs 686 crore from sale proceeds of its float glass manufacturing unit to Saint-Gobain Glass India, will use the funds to expand its existing business and venture into new and related businesses.
No clearance for Kerala's Athirapally hydro project: Ramesh
Union Environment and Forest Minister Jairam Ramesh on Monday said environment clearance to the much-awaited hydro-electric project at Athirapplly in Kerala could not be given as the proposed site was located in forest.
Hazare-led activists react sharply to FM's remarks
Anna Hazare-led activists on Monday reacted sharply Finance Minister Pranab Mukherjee for accusing the civil society of trying to undermine democracy and said his statement betrayed a "distorted understanding of democracy and arrogance of power".
Fitch revises Vijaya Bank outlook to negative
Global rating agency Fitch on Monday revised the outlook on state-owned Vijaya Bank to negative from stable due to increase dependence on wholesale funds.
Wrangler parent VF to buy Timberland for $2bn
VF Corp, owner of clothing brands such as The North Face and Wrangler jeans, said it would buy shoemaker Timberland Co for USD 2 billion to boost its outdoor gear business.
Citigroup to pare stake in HDFC: Sources
Citigroup has decided to reduce its stake in mortgage lender Housing Development Finance Corp to about 10% from 11.4% now via stock market deals, two sources with knowledge of the transaction said on Monday.
Maruti Suzuki loses millions on continued strike
India's largest carmaker Maruti Suzuki, already slammed by sluggish sales, is expected to take another hit as a plant strike in Manesar enters its second week, leading to millions of dollars in losses and a possible spillover to other factories.
HC rejects IT plea against Salman for alleged tax evasion
The Bombay High Court has dismissed an appeal filed by the Income Tax department against actor Salman Khan for alleged tax evasion to the tune of Rs 4 crore for the assessment year 2000-2001.
Slovenia invites India Inc for investment
The Government of Slovenia on Monday welcomed Indian companies to set up their businesses in the European country and benefit from the innovations it has to offer.
Where has Rs 200cr gone? SC poser to CBI in 2G scam
Asking CBI to explain where Rs 200 crore, allegedly diverted to DMK-owned Kalaignar TV in 2G scam, has gone, the Supreme Court on Monday sought the probe agency''s response on DMK MP Kanimozhi''s bail plea in the case.
Govt seeks OECD help to bring back illicit funds: FM
India has sought the Organisation for Economic Co-operation and Development's help in mounting pressure on countries that are reluctant to disclose bank account details of Indians who have stashed illicit funds abroad, Finance Minister Pranab Mukherjee said.
Rajesh Jain views on NTPC
Rajesh Jain, Independent Market Strategist view on NTPC.
Confidence Petro bags order worth Rs 59.8 crore
Confidence Petro has bagged order worth Rs 59.8 crore from BPCL.
Marsons completes order worth Rs 54.40 million received from RRVPNL
Marsons has completed order worth Rs 54.40 million received from RRVPNL, Jaipur.
Birla Sun Life Dividend Yield Plus declares dividend
Birla Sun Life Dividend Yield Plus has announced a dividend, for which the record date has been fixed as June 17, 2011.
Ajmera Realty declares dividend at Re 1.14 per share
Ajmera Realty at its meeting held on June 10, 2011 has declared dividend at Re 1.14 per share for the year ended on March 31, 2011.
Odyssey Corporation to consider final dividend
Odyssey Corporation has its Board of Directors meeting on June 16, 2011 to consider final dividend.
Maharashtra Govt to file case against Lavasa on June 14
Dark clouds seem to be once again looming large over Hindustan Construction Company's ambitious Lavasa Lake City project, as the Maharashtra Government plans to file an environmental violation case against the company in Pune court on June 14.
Idea Q4 net profit up 13% at Rs 275 cr
Aditya Birla group company Idea Cellular has reported net profit of Rs 275 crore in the quarter ended March 2011, a growth of 13% as compared to Rs 243.1 crore in previous quarter.
Cera Sanitaryware to consider dividend
Cera Sanitaryware has its Board of Directors meeting on June 30, 2011 to consider dividend.
Posco imbroglio hits normal life of people
Caught in the complex web surrounding the proposed mega steel plant by Posco near Paradip, innocent people including women and children are finding it hard to live a normal life at Dhinkia, centre of anti-posco agitation, in Jagatsinghpur district.
No force used to acquire land for Posco: Naveen Patnaik
Rubbishing allegation of forcible land acquisition for Posco project near Paradip, Orissa Chief Minister Naveen Patnaik on Monday said force was not used for the purpose as his government believed in "peaceful industrialisation".
Indane LPG refill booking through IVRS, SMS based system
LPG users of Indian Oil, which distributes gas under ''Indane'' brand, can now book their refills through Interactive Voice Response System (IVRS) or SMS and need not call the ever busy phone number of cooking gas distributors.
