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Haryana asks ITES units to change power connections

Information Technology Enabled Services units in Haryana have been asked to convert their electricity connections from industrial category to the non-domestic category, an official Wednesday. more...

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Rs 11,084-cr arbitration claims on NHAI

The National Highways Authority of India is facing arbitration claims of over Rs 11,084 crore in tribunals and various courts. Of the total disputes, 1,099 disputes amounting to Rs 10,219.13 crore are in tribunals and 536 disputes amounting to Rs 865.40 crore are in various courts. more...

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RSP bags Srishti Good Green Governance Award

Rourkela Steel Plant has bagged the prestigious Srishti Good Green Governance Award for 2010. more...

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Steel Min for 8-10 MT ultra mega steel projects in 5 states

Taking a cue from ultra mega power projects, the ministry of steel is planning to set up ultra mega steel plants on fast track basis in five mineral- rich states, even as multi-billion dollar ventures by the ArecelorMittal and Posco are still hanging fire. more...

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UCO Bank ties up with Religare, aggressive expansion on cards

UCO Bank today said it has tied up with Religare Securities to offer online trading to its customers as part of expanding the product bouquet and has drawn up ambitious expansion plans. more...

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Microsoft to spark innovation & entrepreneurship in India

• Announces a grant of $100, 000 to facilitate the Microsoft BizSpark India StartUp Challenge • Grant to equip the start ups to grow their business and strengthen the local software ecosystem more...

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Vedanta deal: UK Govt opposes preconditions

Giving a new twist to the Cairn-Vedanta deal, the UK has opposed the Indian government s move to put conditions for clearing mining group Vedanta s acquisition of Cairn India, saying that such a decision will kill the $9.6 billion transaction. more...

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Keep politics out of business: Bengal Inc to WB poll hopefuls

Bengal Inc wants politics to be kept out of business by the new government that will be decided in the ongoing Assembly polls in West Bengal as they believe the prosperity of the state has taken a beating on account of political differences and issues. more...

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Can a struggling Nokia reconnect

At the launch of the company s latest communicator device E7, D Shivakumar, managing director and vice-president for Nokia India, was inundated with questions from the media on Nokia s steady decline in market share and gradual increase of Android s -- Google s open source mobile operating systems -- share in India. more...

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PSUs should procure min 20% of requirement from SMEs: Minister

Insisting that the Public Sector Units (PSUs) should procure at least 20 per cent of their requirements from the 2.6 crore small and medium units, the MSME Ministry has sought Prime Minister Manmohan Singh s intervention in the matter. more...

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Carlson aims 50 Country Inns & Suites hotels in India by 2020

The US-based hospitality firm Carlson today said it plans to operate 50 mid-scale hotels under Country Inns & Suites brand in India in the next ten years. more...

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Bharti Airtel stock outperforms peers

Bharti Airtel, the country s largest telecom player, has emerged as an outperformer in the sector. The company’s shares have started a steady rally at a time when other telecom stocks are still struggling. more...

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Increase allocation for health, education in 12th Plan: Panel

Plan Panel today called for increasing the allocation for health and education sector in the 12th Plan, even as the two key areas saw a shortfall in the utilisation of the projected expenses in the 11th Plan. more...

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Nabard to give Rs 4K cr for agriculture refinance in Andhra

Andhra Pradesh will receive Rs 4,000 crore assistance from the National Bank for Agriculture and Rural Development under its agriculture refinance scheme for the fiscal year 2011-12. more...

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WNS to focus on India operations

Global business process outsourcing services provider, WNS Holdings, has reported 5.8 per cent rise in its revenue at $616.3 million for the year ended March 31, 2011, against $582.5 million in the previous year. more...

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Rift widens, Telenor wants Chandra out of board

Norway s Telenor has demanded that Unitech Chairman Sanjay Chandra step down from the board of Unitech Wireless, their telecom joint venture. Chandra was on Wednesday arrested in the 2G spectrum scam. more...

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Now, video chats under scanner

After BlackBerry, the government has included a whole host of services, including video chats offered by telecom players, Nokia s push email service and Skype, into the ambit of security issues for a possible interception solution. more...

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Bajaj launches Discover 125cc in Tamil Nadu

Bajaj Auto Ltd today launched its new Discover 125cc motorcycle in the Tamil Nadu market and expects the sales volume of their Discover brand to grow to 1.5 lakh per month this fiscal. more...

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India s illicit financial flow is $462 billion: Book

Tax evasion, crime and corruption have combined to remove a staggering $462 billion from India, says a new book based partly on scholarly studies. more...

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RPower to commission Sasan project s first unit in Jan 2013

Reliance Power today said it plans to commission the first unit of its 3,960 MW-Sasan Ultra Mega Power Project in January 2013. more...

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