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Asit C. Mehta has come out with a report on Indian Railway budget 2011-12.
Reliance Power has emerged the frontrunner among six shortlisted entities for a tender floated by Uttar Pradesh Power Corporation Ltd (UPPCL) to buy 3,000 MW of power for 25 years starting 2014, sources close to the development told Economic Times.
LG Electronics India unveiled its new range of air-conditioners, aimed at consolidating its leadership position in the Indian AC market in 2011, reports The Hindu.
Wipro Lighting and Furniture Business, a division of Wipro Ltd , plans to enter newer markets that are growing after the global financial crisis in 2008, reports The Economic Times, quoting a top company official.
The government is mulling over whether to share research done at its two premier institutions -- the DRDO and CSIR -- with the domestic electronics industry to enable them to make quality products for the market, reports Business Standard.
Nirmal Bang has come out with a report on Railway Budget 2011.
As per the Economic Survey, India may have achieved a teledensity of over 65%, but as many as 62,443 villages are still to get a taste of telecom revolution that started since 1995-96, reports the Economic Times.
Indian power sector expects the government to continue its thrust on infrastructure and pins its hopes on incentives for the renewable energy sector and extension of sunset clause under Income Tax Act in the budget for 2011-12 to be tabled in parliament on February 28, reports Reuters.
Japanese consumer durables firm Panasonic will reach out to its customers in India for recycling of electronic items as part of a global campaign to become the No 1 ‘Green Innovation Electronics Company´ by 2018, reports livemint.
Canon India expects 20% growth in its office imaging solutions division's revenues to Rs 350 crore in 2011, reports The Economic Times.
Food inflation in India is largely driven by supply side pressures and the central bank is not responsible for that, the Reserve Bank of India (RBI) governor said on Saturday.
Sony says it is doing booming business in India, dominating in flat-panel TVs and digital cameras, and is in good shape to keep growing in coming years, reports The Economic Times.
ONGC's first power venture in India , the 85 billion, 727-MW gas-based power plants in Tripura, is likely to be completed by December, a year before schedule, reports The Economic Times.
Swastika Investmart has come out with a report on Pre Budget Expectations 2011-12.
Marico’s Rs 200-crore bid for Unibic highlights its seriousness about food segment in which it had been taking small steps, reports Business Standard.
Japanese electronics major Panasonic will set up its first ‘Eco Idea factory’ in India at Dadritoi village of Haryana's Jhajjar district at an investment of about Rs 1,000 crore, reports The Economic Times.
India's second-largest state-run refiner Bharat Petroleum Corp (BPCL) has bought 3 million barrels of West African crude via tender for April loading, a trade source told Reuters.
Aspirational products such as chocolates, cold cream, fragrances and breakfast cereals will drive the future of the consumer products industry in India, says a new study by The Nielsen Company, reports The Economic Times.
Canon India is planning to lower prices of entry-level digital cameras. The company will also introduce seven new variants in the sub – Rs 10,000 category, reports The Hindu Business Line.
The government is likely to increase excise duty by 2 per cent in sectors like FMCG and automobiles, as well as raise service tax, in the forthcoming Budget to reduce the fiscal deficit, reports The Times of India quoting SMC Global Securities’ report.
Talks of a rollback of the stimulus and increase in excise duty are making consumer goods' companies apprehensive, reports The Times of India.
India has said it is working out an arrangement to expedite payments to Iran for the imported oil and oil products, reports The Economic Times.
FMCG firm Amway expects its flagship nutritional brand 'Nutrilite' to achieve sales of Rs 2,500 crore in India by 2012-end on the back of the new product ranges, reports Business Standard.
The Indian crude oil basket has touched USD 106.60, the highest in the current financial year, in tune with the global surge in prices. India relies on imports to meet over 80% of its crude oil requirements, reports Business Standard.
Herbalife in India, a direct-selling and nutrition company, has announced the launch of new range of shampoos and conditioners in Herbal Aloe Essence and plans to play a bigger role in the FMCG market, reports The Hindu Business Line.
