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With NRI Help, Punjab targets 1,000 MW Solar Energy by 2017
Jalandhar (Punjab), May 12 (IANS): The Punjab government is targeting solar power generation of 1,000 MW by 2017 with a major investment in this sector coming from Non-Resident Indians (NRIs), a minister said on Tuesday.
"Renewable…
Hyderabad to be Entirely Covered by Google Street View
Hyderabad, May 12 (IANS): Hyderabad may be become the city in India to be entirely covered by Google Street View after the Internet services giant Google gets permission from the union home ministry.
The company agreed to a request made…
India’s Growth to be Highest among G20 Countries: Moody’s
New Delhi, May 12 (IANS): Ratings agency, Moody's on Tuesday said that at 7.5 percent, India's growth rate during 2015-16 will be the highest among the global 20 major economies (G20).
It said the growth has been predicted on the basis…
Mahindra First Choice Wheels eyes 25% Growth in 2015
Kolkata, May 12 (IANS) Multi-brand used car company, Mahindra First Choice Wheels (MFCW) on Tuesday said it is eyeing a 24-25 percent growth in this fiscal year even as it plans to add 200 more outlets across India.
"We presently have…
Rupee sinks BSE Sensex by 630 Points; Bank Stocks plunge
Mumbai, May 12 (IANS) Heavy selling by foreign investors on the back of the minimum alternate tax (MAT) dispute, free falling rupee value and disappointing fourth quarter results led to a benchmark index of the Indian equities market…
Union Bank Net Profit up by 5 Percent in 2014-15
Mumbai, May 12 (IANS) State-owned bank Union Bank of India on Tuesday said its net profit in 2014-2015 rose by five percent at Rs.1,782 crore from Rs.1,696 crore in 2013-14. The bank's net interest income during the review period rose by…
Vikram Solar commissions 40 MW Plant in Madhya Pradesh
New Delhi, May 12 (IANS) Vikram Solar announced on Tuesday that it has successfully commissioned a 40 mega watt (MW) solar photovoltaic (PV) plant for IL&FS Energy Development Co. The plant, spread over 260 acres of land in Madhya…
Dr.Reddy’s Fourth Quarter Net Profit up 8 Percent
Mumbai, May 12 (IANS) Dr.Reddy's Laboratories Limited has posted a net profit of Rs.518.84 crore for the fourth quarter (January-March) of 2014-15 -- a rise of 8 percent from the corresponding quarter of the prevous fiscal.
The net…
GST Bill goes to Rajya Sabha select 21-Member Committee
New Delhi, May 12 (IANS) The bill on the goods and services tax (GST) was on Tuesday sent to a select committee of the Rajya Sabha. The committee will table its report in the upper house on the last day of the first week of next parliament…
Royal Enfield acquires UK-based Chassis Manufacturer
New Delhi, May 12 (IANS) Motorcycle manufacturer Royal Enfield on Tuesday said that it has acquired UK-based chassis and components maker Harris Performance Products. According to the company, the acquisition will enhance its engineering…