Monday, 8 April 2013

CBI names AP Home Minister, Dalmia Cement MD in Jagan case

CBI names AP Home Minister, Dalmia Cement MD in Jagan case

CBI names AP Home Minister, Dalmia Cement MD in Jagan case

Andhra Pradesh Home Minister P. Sabitha Indra Reddy and several top officials of Dalmia Cement, including its Managing Director, have been named as co-accused in the Jagan Mohan Reddy disproportionate assets case. The Central Bureau of ...
Chidambaram assures help to stalled projects

Chidambaram assures help to stalled projects

The Union Finance Minister P Chidambaram has met the industry leaders in Chennai today to discuss about the bottlenecks that lead companies to stall particular projects including the issues on power shortage, assuring them help to bring in a solution.
Aditya Birla Nuvo to sell carbon black biz to group firm

Aditya Birla Nuvo to sell carbon black biz to group firm

New Delhi: Aditya Birla Nuvo on Monday said it will sell its carbon black business to another group firm SKI Carbon Black (India) for Rs 1,451 crore. The move, aimed at reducing debt, follows a decision of the company's Committee of Directors who felt that it ...
Despite record turnover, BHEL net profit slips 8%

Despite record turnover, BHEL net profit slips 8%

Business Line Mounting woes: B. Prasada Rao (centre), CMD, BHEL, with Atul Saraya (left), Director-Power; and P.K. Bajpai, Director-Finance, at a press conference to announce the company's annual results in the Capital on Monday. —Kamal Narang ...
Corporate scorecard may be full of red marks

Corporate scorecard may be full of red marks

If leading equity research houses' fourth-quarter results preview is any indication, corporate India might like to forget 2012-13 in a hurry. Analysts expect Sensex 30 companies' sales growth in the January-March quarter to fall to 5.6 per cent - the lowest in 14 ...
Vodafone terms DoT as

Vodafone terms DoT as 'department of penalty'

Vodafone India DoT has imposed fine of about Rs 104 crore on Vodafone for allegedly violating licence conditions. (AP). Related. Rs 40,000 cr foreign donations to NGOs · Basis to prosecute Modi for Gujarat riots: SC amicus · CPM top leaders hit road to ...
Three units of Adani power plant in Maharashtra operational

Three units of Adani power plant in Maharashtra operational

The Adani Power Maharashtra Ltd (AMPL) plant set up near Tiroda in Gondia district has become operational without even being allotted a captive coal block. It overcame hurdles and synchronised its two units. A third unit of the five proposed units of 660MW ...
JSW Steel production up 15% at 8.51 MT in FY13

JSW Steel production up 15% at 8.51 MT in FY13

JSW Steel on Monday said it has clocked 15 per cent growth in annual crude steel production at 8.51 million tonnes (MT) in 2012-13. The company had produced 7.4 MT of steel during the previous fiscal, it said in a statement. The Sajjan Jindal-led steel ...
Delhi High Court tells DGCA to deregister two aircraft leased to Kingfisher Airlines

Delhi High Court tells DGCA to deregister two aircraft leased to Kingfisher Airlines

New Delhi: German aircraft leasing firm DVB Aviation Finance Asia today won a legal battle against grounded Kingfisher Airlines with the Delhi High Court asking aviation regulator Directorate General of Civil Aviation (DGCA) to deregister two leased-out ...
High Court to hear Tata

High Court to hear Tata's plea over Taj Mansingh property tomorrow

New Delhi: The Delhi High Court is to take up on Tuesday the injunction suit filed by Tata Group's Indian Hotels Company (IHC) against New Delhi Municipal Council's proposed plan for auctioning the property on which the Taj Mansingh hotel is located.