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Top corporate executive goes missing, search on IANS - Sat, Jan 19
Mumbai, Jan 19 (IANS) Ashwani Kumar Bhat, president of pharmaceutical major Nicholas Piramal India Limited, has gone missing in Madhya Pradesh. Police launched a search Saturday while his abandoned car was found from Rajasthan.
ICICI bank's seventh branch in Britain opens in Coventry IANS - Wed, Jan 16
London, Jan 16 (IANS) ICICI, India's largest private sector bank Tuesday expanded its operations further by opening its seventh branch in Britain in Coventry, a town in the east Midlands with a large minority of Indian origin.
Delhi collects over Rs.76 billion in taxes IANS - Mon, Jan 7
New Delhi, Jan 7 (IANS) The Indian capital has collected Rs.76.75 billion ($1.9 billion) in taxes during first eight months of financial year 2007-08, 13 percent more than in the same period last fiscal.
Borse Dubai to acquire stake in Nasdaq IANS - Wed, Jan 2
Dubai, Jan 2 (IANS) The US foreign investment committee has cleared a proposal of Dubai's state-owned stock exchange Borse Dubai Limited (BDL) to acquire a stake in Nasdaq, the second largest US equities exchange, WAM news agency reported Wednesday.
Chidambaram hints at moderating tax rates IANS - Tue, Jan 1
New Delhi, Jan 1 (IANS) As he gets ready to present his seventh national budget next month, Finance Minister P. Chidambaram Tuesday said fiscal deficit targets for this year will be met and held out an assurance of moderation of taxes rates, if compliance was met.
Tussar weavers hit by raw material crunch IANS - Sun, Dec 30
New Delhi, Dec 30 (IANS) Tussar, the crisp, shining fabric that goes into making saris, jackets and all kinds of apparel for the well heeled, is facing a rough patch on its home turf in eastern India.
China's first joint-venture financial leasing company established IANS - Fri, Dec 28
Beijing, Dec 28 (Xinhua) China's biggest financial leasing company, a joint venture between China Construction Bank (CCB) and Bank of America, was officially established here Friday.
Reliance Communications slams legal notice on government IANS - Thu, Dec 27
New Delhi, Dec 27 (IANS) Even as GSM players turned around and accepted the government's decision, CDMA major Reliance Communications (RCOM) Thursday slapped a legal notice on the government to stop it from allocating additional radio frequencies to GSM operators.
Nalco to upgrade mines, refinery IANS - Thu, Dec 20
Bhubaneswar, Dec 20 (IANS) National Aluminium Co Ltd (Nalco), India's second-biggest producer of aluminium, has announced it would upgrade its mines and refinery capacities by investing Rs.4 billion.
Kingfisher Airlines to merge with Air Deccan IANS - Wed, Dec 19
Bangalore, Dec 19 (IANS) Kingfisher Airlines will merge with Air Deccan, the boards of the two firms decided here Wednesday.
IFCI stake sale deal called off IANS - Wed, Dec 19
New Delhi, Dec 19 (IANS) Indian lending major IFCI Wednesday called off its proposed 26 percent stake sale to a consortium of potential bidders Sterlite Industries and Morgan Stanley.
Merck, Cognizant sign multimillion dollar deal IANS - Tue, Dec 18
New Delhi, Dec 18 (IANS) US-based Cognizant, a leading IT firm, Tuesday announced a three-year multimillion dollar partnership deal with Merck & Co, a global research-driven pharmaceutical company.
BHEL, NTPC form joint venture for project execution IANS - Mon, Dec 17
New Delhi, Dec 17 (IANS) State-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL) and power utility NTPC Ltd have signed a pact to jointly undertake project implementation work in the power sector.
Equity firms buy stake in Jai Balaji Industries IANS - Mon, Dec 17
Kolkata, Dec 17 (IANS) Citi Venture Capital Fund and India Equity Partners have decided to buy 15 percent stake worth Rs.2.73 billion ($69 million) in steelmaker Jai Balaji Industries Ltd to partly finance its expansion.
Finance majors acquire stake in commodity exchange IANS - Fri, Dec 14
Mumbai Dec 14 (IANS) ICICI, IL&FS, and Kotak Group - India's leading financial services and banking conglomerates - have acquired 3.55, 5 and one percent equity stakes, respectively, in the Multi-Commodity Exchange of India Ltd (MCX), the country's biggest commodity exchange valued at $1 billion.
Reliance Communications to receive start-up spectrum IANS - Wed, Dec 12
New Delhi, Dec 12 (IANS) The Indian telecom tribunal Wednesday directed the government to issue spectrum or radio frequency to firms that had applied for it before Sep 25, including companies that have obtained dual technology license - a step that will benefit Reliance Communications.
Tata Steel bags sustainability award IANS - Wed, Dec 12
New Delhi, Dec 12 (IANS) Private steel major Tata Steel has bagged the CII-ITC sustainability award for the second consecutive year in 2007.
Kingfisher to fly between Agra and Delhi IANS - Wed, Dec 12
Agra, Dec 12 (IANS) Private carrier Kingfisher Airlines will start daily flights between New Delhi and Agra starting Dec 15, a company official said here Wednesday.
Ashiana to build retirement resort in Jaipur IANS - Wed, Dec 12
Jaipur, Dec 12 (IANS) Real estate company Ashiana group is building a retirement resort called 'Ashiana Utsav' here, expected to cost Rs.1 billion, said a company official.
HP launches new ink-jet printers IANS - Wed, Dec 12
Kolkata, Dec 12 (IANS) Imaging and printing technology firm Hewlett Packard (HP) launched 20 new ink-jet printers here Wednesday, aiming to tap the emerging internet printing market globally.