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Worker killed, six injured in labour unrest near Delhi
New Delhi - Labour unrest at a factory near New Delhi left at least one worker dead and six injured as authorities deployed additional police amid tension at the plant Monday, a news report said. Around 200 striking workers at RICO, an auto-parts fir...

[Posted on : 2009-10-19 ] Category : [ India (Business) ]

India's richest man takes 66-per-cent pay cut
New Delhi - India's richest man, Mukesh Ambani, has announced that he will take a two-thirds cut in his pay to set a personal example of moderation, news reports said Friday. Ambani, chairman of Reliance Industries Limited, said he would cap his pa...

[Posted on : 2009-10-16 ] Category : [ India (Business) ]

India's Sensex gains on industrial growth data
New Delhi - India's benchmark Sensex index closed 2.3 per cent up Monday buoyed by the country's robust industrial growth figures. The 30-share Sensex of the Bombay Stock Exchange gained 384.01 points to close at 17,026.67. ...

[Posted on : 2009-10-12 ] Category : [ India (Business) ]

India's industrial output grows 10.4 per cent in August - Summary
New Delhi - India's industrial production rose 10.4 per cent in August, a 22-month-high, buoyed by double-digit growth in the mining, manufacturing and electricity sectors, in a surer indication of the country's economic recovery. The year-on-year gr...

[Posted on : 2009-10-12 ] Category : [ India (Business) ]

India's industrial output grows 10.4 per cent in August
New Delhi - India's industrial production rose 10.4 per cent in August, buoyed by double-digit growth in the mining, manufacturing and electricity sectors, in a surer indication of the country's economic recovery. The year-on-year growth represented ...

[Posted on : 2009-10-12 ] Category : [ India (Business) ]

India's Tata Motors raises 750 million dollars to repay Jaguar debt
New Delhi - Indian auto major Tata Motors raised 750 million dollars by issuing global depository receipts (GDRs) and convertible bonds Friday to pay off debts incurred on acquiring the Jaguar and Land Rover brands, a company release said. Tata Motor...

[Posted on : 2009-10-09 ] Category : [ India (Business) ]

Bharti, MTN call off 24-billion-dollar deal
New Delhi - India's telecom major Bharti Airtel and South Africa's MTN Wednesday terminated their talks for a proposed 24- billion-dollar financial alliance that could have created the world's largest mobile phone entity. On the day of the latest dea...

[Posted on : 2009-09-30 ] Category : [ India (Business) ]

Sensex hits highest level in 16 months
New Delhi - India's benchmark Sensex index Wednesday closed over the 17,000-point level for the first time in 16 months amid signs of economic improvement and strong corporate results. The 30-share Sensex of the Bombay Stock Exchange gained 1.63 per ...

[Posted on : 2009-09-30 ] Category : [ India (Business) ]

Air India pilots call off strike
New Delhi - Pilots of India's national carrier, Air India, called off a five-day strike Wednesday after government assurances of no cuts in their incentives or allowances. The leader of the pilots union, VK Bhalla, apologized to passengers for the in...

[Posted on : 2009-09-30 ] Category : [ India (Business) ]

Air India cancels more than 40 flights as pilots strike - Summary
New Delhi - India's national carrier, Air India, cancelled 37 domestic and nine international flights Tuesday as a standoff between management and striking pilots over pay cuts entered its fourth day. The airline, which operates up to 20...

[Posted on : 2009-09-29 ] Category : [ India (Business) ]

 

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