Business News

Prime Minister sets goal of training 500 mn technicians by 2020

The government will set a goal of creating 500 million trained technicians by 2020, Prime Minister Manmohan Singh said here Saturday.2:31 PM on August 30

K.K. Birla: a titan of Indian industry

Legendary industrialist Krishna Kumar Birla was a man of many facets, with an equal passion for not just expanding his well-known, and much respected, business empire founded by his father, but also towards philanthropy and education.2:31 PM on August 30

Next hearing of Warner Bros case on 'Hari Puttar' Sep 2

The makers of children's comedy 'Hari Puttar - A Comedy of Terrors' continue to be in trouble. Though the release date has been fixed at Sep 19, it will depend on the next hearing of the case filed by Hollywood studio Warner Bros alleging infringement of their copyright of the 'Harry Potter' franchise.2:30 PM on August 30

India set to export record quantity of basmati rice

India looks set to export a record quantity of basmati rice in the current fiscal.12:32 PM on August 30

Industrialist K.K. Birla passes away

Eminent industrialist and former Rajya Sabha member Krishna Kumar Birla died at his Birla Park residence here Saturday after a brief illness. He was 90.12:30 PM on August 30

Upgrade, sell or close - fate of Delhi's single-screen theatres

There was a time when going for a film in India meant heading to the nearby single-screen hall, but with the arrival of multiplexes, many of the old theatres are in a pitiable condition, with tattered seats and cracked walls, waiting to be shut down or for a much-needed makeover.10:31 AM on August 30

Industrialist K.K. Birla dead

Eminent industrialist K.K. Birla died at his Birla Park residence here Saturday morning after a brief illness. He was 90 years old.10:30 AM on August 30

Bharat Petroleum gets $370,000 US technical aid

As part of its ongoing commitment to the US-India Energy Dialogue, the US Trade and Development Agency (USTDA) Friday awarded a $370,000 technical assistance related grant to oil major Bharat Petroleum Corp Ltd (BPCL).7:32 PM on August 29

India-Asean trade to swell $10bn this year: Kamal Nath

A day after India clinched the Free Trade Agreement (FTA) with the Association of Southeast Asian Nations (Asean), Commerce Minister Kamal Nath said bilateral trade volumes are expected to increase by almost $10 billion this year.7:32 PM on August 29

Reliance Industries gets $400 mn US loan

The US Export-Import Bank (Ex-Im Bank) has approved a long-term loan guarantee of $400 million to Reliance Industries Ltd to source its equipment and services from the US for its hydrocarbon exploration and production service in the Krishna-Godavari Basin, it said Friday.7:31 PM on August 29

India's economic growth dips to 7.9 percent

India's economic growth slipped to 7.9 percent during the first quarter of this fiscal from 9.2 percent for the like period of the previous year amid industry's concerns over the impact of central bank's tight monetary policy.7:30 PM on August 29

Zen Securities launches new financial service

Zen Securities Ltd (ZSL), a leading financial services company, Friday announced the launch of a new financial service Zen Money.6:30 PM on August 29

Markets end week with hefty gain

Indian equity markets ended last day of the week with a hefty gain, riding piggyback on the decline in inflation rate and strong global markets. Rate sensitive sectors such as banking, realty and auto stocks were in demand.5:00 PM on August 29

Security tightened at Tata Motors' Singur factory

Security at the Tata Motors' Nano plant at Singur in West Bengal was tightened Friday, a day after pro-farmer organisation Paschimbanga Kshet Mazur Samiti (PKMS) staged a demonstration in front of the factory, preventing hundreds of workers from leaving the plant.2:02 PM on August 29

Centre will not intervene in Singur standoff

Even as the standoff persists over the Tata Motors' Nano car project in Singur, the central government Friday made it clear that it will not intervene in the issue and underlined the need for "balancing investment and justice'.2:01 PM on August 29