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Tata Steel to commission Kalinganagar Project by December 2015
Bhubaneswar, Aug 9: Indian steel major Tata Steel is all set to commission its three million tonne per annum (mtpa) steel mill at its green field unit in Odisha's Kalinganagar by this December, a company official said on Saturday.…
Italy to invest 12 billion Euros on Ultra-Speed Internet
Rome, Aug 8: Italian Prime Minister Matteo Renzi said the government will spend 12 billion euros (over $13 billion) over 20 years for ultra-speed internet.
Renzi told his centre-left Democratic Party (PD) on Friday that his objective was…
India Innovation Summit 2015 Panel discusses ‘Make in India’
Bengaluru, Aug 7: Start-ups in the core manufacturing sectors are poised to play a crucial role in the success of 'Make in India' ambitions, said experts at a panel discussion at the 11th India Innovation Summit 2015 on Friday.…
Govt looks at doubling Aluminium Import Duty to 10 Percent
New Delhi, Aug 7: The government is considering a request for doubling the duty on aluminium imports to 10 percent, following representations that import of aluminium scrap and the metal's decreasing global prices are adversely impacting…
Mahindra and Mahindra’s Q1 Net Profit down 3.40 Percent
Mumbai, Aug 7 : Indian conglomerate Mahindra and Mahindra (M&M) on Friday reported a decline of 3.40 percent in its net profit for the first quarter (Q1) of the current fiscal.
The company posted a net profit of Rs.852 crore for the…
US Rate Hike: BSE Sensex provisionally closes 62 Points down
Mumbai, Aug 7: A day after it touched a two-week high, a barometer index of the Indian equity markets provisionally closed in the red on Friday.
Continuing logjam in parliament, impending US rate hike decision and other negative global…
GAS plans Big for ‘Diverse, Dynamic’ India: Barbara Grotto
New Delhi, Aug 7: India is the ideal market for international brands because of its diverse, dynamic and young market, says Barbara Grotto, Head of Communications of Italian global brand GAS which is planning to expand in the country…
Rekha Menon to head Accenture India from Aug 21
Bengaluru, Aug 7: Rekha M. Menon will be the new chairperson of Accenture's India subsidiary from August 21, the global software major said on Friday.
"Rekha will steer our India business growth and strengthen our presence in communities…
Australian Economy to grow between 3.0 to 4.5% by Dec 2017
Sydney, Aug 7: The Reserve Bank of Australia (RBA) appears likely to hold off on another interest rate cut, issuing an upbeat assessment of the Australian economy on Friday.
The central bank expects Australia's economy to grow to between…
Timex Group India posts Rs.4.74 crore loss in Q1 of 2015-16
New Delhi, Aug 6: Timepiece and jewellery manufacturer Timex Group India on Thursday reported a net loss of Rs.4.74 crore for the first quarter of 2015-16 as against Rs.3.59 crore loss in the same period last year.
In a regulatory…