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Singapore Air gets FIPB nod for setting Indian carrier with Tatas

Infrastructure

24 October, 2013

Singapore Air gets FIPB nod for setting Indian carrier with Tatas

Singapore Airlines has won the Foreign Investment Promotion Board's approval to set up a full-service airline in the country in ......

Jet Air posts worst ever quarterly loss in Q2 as rise in fuel cost due to rupee depreciation bites

Infrastructure

23 October, 2013

Jet Air posts worst ever quarterly loss in Q2 as rise in fuel cost due to rupee depreciation bites

Jet Airways, in which Abu Dhabi's Etihad is buying a stake, reported its worst quarterly loss on record as carriers ......

Hero MotoCorp Q2 profit rises 9%, beats estimates

Consumer

23 October, 2013

Hero MotoCorp Q2 profit rises 9%, beats estimates

Hero MotoCorp, India's largest two-wheeled vehicle maker, beat analyst estimates with a 9 per cent rise in profit, the first ......

Tata Power mulls sale of investments, equity raising to cut debt

Infrastructure

22 October, 2013

Tata Power mulls sale of investments, equity raising to cut debt

Tata Power may sell some of its investments and raise equity to help slash a $4.9 billion debt pile, its ......

Wipro Q2 profit up 28.5%, beats estimates

TMT

22 October, 2013

Wipro Q2 profit up 28.5%, beats estimates

Wipro Ltd, India's third-largest IT services exporter, beat analyst estimates with a 28.5 per cent rise in quarterly profit thanks ......

Vedanta Aluminium aims to triple capacity

Manufacturing

21 October, 2013

Vedanta Aluminium aims to triple capacity

Vedanta Aluminium will triple its capacity by 2015 to 2.3 million tonnes to cater for an expected surge in demand ......

BHP gives up nine oil & gas exploration blocks in India

Infrastructure

21 October, 2013

BHP gives up nine oil & gas exploration blocks in India

Global miner BHP Billiton said on Monday it has given up nine oil and gas exploration blocks in India due ......

India gears up to launch interest rate futures

General

18 October, 2013

India gears up to launch interest rate futures

India plans to launch trading of government bond futures within the next two months as part of efforts to deepen ......

Former NSEL CEO arrested

General

18 October, 2013

Former NSEL CEO arrested

The former chief executive of Indian commodities bourse National Spot Exchange Ltd (NSEL) was arrested on Thursday, a senior police ......

HSBC to exit India retail broking; 300 jobs to be cut

General

17 October, 2013

HSBC to exit India retail broking; 300 jobs to be cut

London-based HSBC said on Thursday it will exit its retail broking business in India, the latest global bank to scale ......