business

Odisha Hydro Power Corporation Ltd. (OHPC), a Gold rated PSU of Govt. of Odisha has signed Memorandum of Understanding (MoU) for the FY 2015-16 with the Department of Energy, Govt. of Odisha on 1st May 2015. Sri Aswini Kumar Mishra,…

‎ Bhubaneswar, May 2: Shri N.R. Mohanty, Director (Projects & Technical) of Navratna CPSE, National Aluminium Company Limited (NALCO) has been given additional charge of the Chairman-cum-Managing Director of the company, following the…

Owing to the rise in global crude prices, Yemen crisis and decline of Indian Rupee against the US Dollar, the oil companies have hiked the petrol prices by Rs 3.96 per litre, while diesel prices have gone up by Rs 2.37 per litre. The…

Software major Wipro Ltd. on Tuesday appointed its chairman Azim Premji's 38-year-old son Rishad Premji to the board as a director from May 1. "Rishad will continue to run strategy and mergers and acquisitions (M&A) in addition to…

Pakistan and China on Monday signed 51 agreements and Memoranda of Understanding (MoUs) for cooperation in diverse fields with visiting Chinese President Xi Jinping scheduled to unveil a $45-billion investment plan that can help Pakistan…

The ruling BJD Government in Odisha has issued orders for the lease extension of 26 mines under the new Mines and Minerals (Development and Regulation) Amendment Act, 2015. The mine lease holders have been asked to execute supplementary…

A week after it revised its outlook on India to positive from stable, international credit rating major Moody's pegged India's growth at 7.5 percent for 2015. "India’s economy is on a cyclical upswing. Forward looking indicators suggest…

Tata Consultancy Services (TCS) has posted net profit of Rs.21,696 crore for the just-concluded fiscal 2014-15, registering 13.5 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing to the stock…

The Indian subsidiary of French carmaker Renault S.A. is targeting sales of one lakh units in 2015, a company official said here on Thursday. The company (Renult India) is also expecting its newly-launched multi-purpose vehicle and a…

A benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (BSE Sensex) closed Thursday's trade down 134 points or 0.46 percent, as capital goods, healthcare and information technology (IT) stocks fell. The wider…