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India's Suzlon sells stake in Belgian firm Hansen
New Delhi - Suzlon Energy, India's biggest wind-turbine maker Friday said it has sold a 35-per-cent stake in Belgian wind gearbox maker Hansen for 370 million dollars. Suzlon through its Netherlands-based subsidiary AE-Rotor Holding BV sold 236 milli...

[Posted on : 2009-11-20 ] Category : [ India (Business) ]

Indian farmers protest for higher sugarcane prices - Summary
New Delhi - Thousands of sugarcane farmers marched through the streets of the Indian capital Thursday disrupting traffic and paralysing key roads as they demanded higher prices for their crops. The protests affected India's Parliament which was adjou...

[Posted on : 2009-11-19 ] Category : [ India (Business) ]

Indian billionaires almost double on market rebound, Forbes says
New Delhi - India's billionaires' club almost doubled from 27 in 2008 to 52 in 2009 largely due to a rebounding stock market and economic growth of 6 per cent, Forbes Asia said. Mukesh Ambani, chief of Reliance Industries Limited, remained India's we...

[Posted on : 2009-11-19 ] Category : [ India (Business) ]

Legislators, farmers protest for higher sugarcane prices in India
New Delhi - Opposition legislators forced an adjournment of Parliament as thousands of farmers gathered in the Indian capital Thursday demanding higher prices for sugarcane crops than those fixed by the government. Farmers from the northern state of ...

[Posted on : 2009-11-19 ] Category : [ India (Business) ]

India, Canada aim at free trade, to seal nuclear pact soon
New Delhi - India and Canada on Tuesday signed an agreement to facilitate cooperation in energy security and another accord aimed at reaching a bilateral free trade agreement. Indian Prime Minister Manmohan Singh and his Canadian counterpart Stephen ...

[Posted on : 2009-11-17 ] Category : [ India (Business) ]

Asian Development Bank to fund infrastructure projects in India
Manila - The Asian Development Bank (ADB) said Tuesday it would loan 700 million dollars to India for infrastructure projects to be developed by public-private partnerships. The loan would be released in three tranches over five years to state-owned ...

[Posted on : 2009-11-17 ] Category : [ India (Business) ]

Air India posts 1.2-billion-dollar loss
New Delhi - India's national carrier Air India reported a net loss of 55.5 billion rupees (1.2 billion dollars) for the financial year which ended March, news reports said Thursday. The state-run airline, which announced the results in the southern c...

[Posted on : 2009-11-12 ] Category : [ India (Business) ]

India car sales up 34 per cent in October
New Delhi - Indian car sales soared 34 per cent in October, a new signal that the economic recovery in Asia's third-largest economy was gaining ground, news report said Wednesday. Domestic passenger car sales jumped 34 per cent year-on-year, while sa...

[Posted on : 2009-11-11 ] Category : [ India (Business) ]

Deloitte plans to hire 15,000 people in India
New Delhi - Global business consultancy Deloitte plans to hire 15,000 people in India over the next two to three years, the company's top official said Tuesday. We are very upbeat about the Indian economy and have major expansion plans in India, De...

[Posted on : 2009-11-10 ] Category : [ India (Business) ]

India's Reliance strikes oil off western coast
New Delhi - Indian energy major Reliance Industries Limited Tuesday announced its first oil discovery in an exploration block off the coast of Gujarat state. The commercial viability of the discovery was being ascertained, the company said in a state...

[Posted on : 2009-11-10 ] Category : [ India (Business) ]

 

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