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M&M inks deal to sell majority stake in Swaraj Automotive

Manufacturing

17 October, 2015

M&M inks deal to sell majority stake in Swaraj Automotive

Homegrown auto major Mahindra & Mahindra has sold its entire 71.19 per cent stake in Swaraj Automotives Ltd (SAL) for ......

Crompton Greaves to sell Mumbai land for $77M

Infrastructure

16 October, 2015

Crompton Greaves to sell Mumbai land for $77M

Crompton Greaves today said its board has approved entering into a definitive agreement for sale of a portion of its ......

Reliance Inds Q2 PAT up 12.52%

Manufacturing

16 October, 2015

Reliance Inds Q2 PAT up 12.52%

Reliance Industries on Friday reported highest ever quarterly net profit of Rs 6,720 crore for three months ending September 30 ......

Telcos to compensate for call drops

TMT

16 October, 2015

Telcos to compensate for call drops

Sectoral regulator TRAI on Friday made it mandatory for telecom operators to compensate consumers by one rupee for call drops ......

Hathway to hive off broadband business to subsidiary

TMT

16 October, 2015

Hathway to hive off broadband business to subsidiary

Cable services provider Hathway Cable and Datacom today said it would transfer its broadband-based Internet service business to its subsidiary ......

Exports drop 24% in September to $21.84B

General

15 October, 2015

Exports drop 24% in September to $21.84B

Contracting for the 10th month in a row, India's merchandise exports dipped 24.33 per cent in September to USD 21.84 ......

Australia reissues approval to Adani mining project

Manufacturing

15 October, 2015

Australia reissues approval to Adani mining project

Indian mining giant Adani's plan to build one of the world's largest coal mines got a new lease of life ......

Apple faces $862M payout in patent lawsuit

TMT

15 October, 2015

Apple faces $862M payout in patent lawsuit

Two India-born engineers are part of a team that won a patent lawsuit against Apple Inc in the US for ......

Cabinet approves one-time funding for languishing road projects

Infrastructure

14 October, 2015

Cabinet approves one-time funding for languishing road projects

In a bid to revive road construction, the government today approved one-time financial assistance for languishing national highway (NH) projects."The ......

NSDC to be rejigged, CEO & COO quit

General

14 October, 2015

NSDC to be rejigged, CEO & COO quit

National Skill Development Corp (NSDC) Board today accepted resignations of MD and CEO Dilip Chenoy and COO Atul Bhatnagar, paving ......