Business News

Last updated: Dec 08, 2009 10:06 PM Most Popular News »

Delhi body to aid industries

The Delhi government has set up a Business Facilitation Council to facilitate entrepreneurs to obtain clearances from various departments to set up enterprises in a time bound manner.10:06 PM on December 08

West Bengal welcomes railway coach factory in Singur

West Bengal's Left Front government Tuesday sent a letter to the railway ministry asking it to set up an industry on the plot of land abandoned by Tata Motors in Singur, and promised to cooperate with the project.10:06 PM on December 08

Government to earn $2 bn as royalty from K-G basin

The government will earn a royalty of $2 billion from the sale of gas from D6 block in the Krishna Godavari basin, being operated by the Mukesh Ambani-led Reliance Industries.10:04 PM on December 08

US fitness chain opens nine centres in India

Global wellness chain Anytime Fitness Tuesday announced the launch of its operations in India with an initial investment of $11 million, targeting nine cities across the country for its health clubs.10:02 PM on December 08

Pawar replies on rising prices, opposition walk outs

A short duration discussion in the Rajya Sabha on rising prices of foodgrains ended abruptly Tuesday as the opposition staged a walkout, saying it was not satisfied with Agriculture Minister Sharad Pawar's reply detailing the steps taken by the government to control the situation.10:00 PM on December 08

Mercedes-Benz hopes sales to grow in India

Luxury car maker Mercedes-Benz is expecting higher sales in the Indian market in the second half of the current fiscal as the overall market conditions are fast improving, a senior official said Tuesday.10:00 PM on December 08

Kaushik Basu takes charge as chief economic advisor

Cornell University-educated economist Kaushik Basu Tuesday took charge as the chief economic advisor in the finance ministry, with the rank of a secretary to the government of India for a two-year term.8:08 PM on December 08

India maps human genome, enters elite science league

India has successfully mapped the human genome that will help develop effective drug development in the country, an achievement that puts the country among an elite league of six countries which have achieved the feat so far.8:08 PM on December 08

Non-stop Duronto train between Bangalore and Howrah soon

Indian Railways will operate a Duronto (quick service) train between Bangalore and Howrah in West Bengal soon.8:07 PM on December 08

RIL itself sought permission to sell gas at $2.34 per unit: RNRL

Reliance Natural Resources Ltd (RNRL) Tuesday told the Supreme Court it was not bound by the decisions of the ministerial panel on Krishna Godavari gas and that Reliance Industries Ltd (RIL) had itself sought the oil ministry's nod to sell the hydrocarbon at $2.34 per unit.8:06 PM on December 08

Rs.7 cr siphoned off from rural jobs scheme

Only Rs.7 crore has been siphoned off from a flagship rural jobs scheme, the government informed parliament Tuesday, denying that 40 percent of its outlay had found its way into the wrong hands.8:06 PM on December 08

Solar photovoltaic power plant commissioned in West Bengal

The country's first 2MW solar photovoltaic power plant was commissioned Tuesday at West Bengal's Seebpur village by Minister for New and Renewable Energy Farooq Abdullah, who said the National Solar Mission has fixed a target of adding 1300 MW of solar energy in the next three years.8:04 PM on December 08

Jammu and Kashmir to beef up public-private partnership

Jammu and Kashmir is looking to enter partnership deals with the private sector for building infrastructure in the state, where a 20-year-old insurgency has dealt a huge blow to infrastructural development.8:04 PM on December 08

Railways to run 2,872 special trains for summer rush

The Indian Railways will run 2,872 special trains across the country during summer to clear the extra rush of passengers during the holiday season, Railway Minister Mamata Banerjee announced Tuesday.8:02 PM on December 08

GAIL's capital expenditure Rs.49,000 crore for 2010-14

State-run gas major GAIL India has earmarked a capital expenditure of Rs.49,000 crore for 2010-14, Petroleum and Natural Gas Minister Murli Deora said Tuesday.8:01 PM on December 08