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European brick-maker Wienerberger to set up plant in India
New Delhi - European brick-maker Wienerberger announced plans Wednesday to set up a manufacturing plant with an initial investment of 900 million rupees (about 22 million dollars) in India, news reports said. Wienerberger, a leading producer of clay ...

[Posted on : 2008-04-30 ] Category : [ India (Business) ]

BASF sells US chemicals site to Indian major
Ludwigshafen, Germany - Indian pharmaceuticals company Dr. Reddy's Laboratories bought on Wednesday a BASF factory site at Shreveport, Louisiana, the world's biggest chemicals group said in Germany. BASF said that by agreement the price for the US si...

[Posted on : 2008-04-30 ] Category : [ India (Business) ]

Iran, India to finalize 7.5 billion dollar pipeline soon - Summary
New Delhi - Iran's President Mahmoud Ahmadinejad Tuesday held talks with Indian Prime Minister Manmohan Singh on major energy projects and said that a 7.5-billion-dollar gas pipeline would be finalized soon. The Iranian leader who was in Delhi for a ...

[Posted on : 2008-04-29 ] Category : [ India (Business) ]

India's Sensex up by 2.4 per cent
New Delhi - India equities posted solid gains Friday with the Sensex rising by 2.4 per cent to breach the 17,000-point level for the first time in nearly two months. The 30-share benchmark index of the Bombay Stock Exchange settled at 17,125.98 point...

[Posted on : 2008-04-25 ] Category : [ India (Business) ]

EADS invites India to partner the Eurofighter programme
New Delhi - The manufacturers of Eurofighter Typhoon jet Thursday invited India to join them in building the multi-role fighter - a move that may help Eurofighter's chances in securing the country's 10-billion dollar order for 126 combat aircraft. Fo...

[Posted on : 2008-04-24 ] Category : [ India (Business) ]

United Airlines parent company posts huge losses on fuel costs
New York - UAL Corp, the parent of United Airlinies, Tuesday reported a 537-million-dollar loss in the first quarter, more than three times the losses in the same period last year. The company cited rising fuel costs, which forced it to cut the numbe...

[Posted on : 2008-04-22 ] Category : [ India (Business) ]

Daimler, Hero Group to invest 1.1 billion dollars for truck plant
New Delhi - World's largest truck manufacturer Daimler AG and India's Hero Group will invest 44 billion rupees (1.1 billion dollars) over five years in a joint venture to make commercial vehicles, the companies announced Monday. The two companies sig...

[Posted on : 2008-04-21 ] Category : [ India (Business) ]

German drugmaker acquires 73 per cent of India's Dabur
New Delhi - Germany's Fresenius SE acquired a 73-per-cent stake in India's largest anti-cancer drugmaker Dabur Pharma for 219 million dollars, news reports said Sunday. The German firm bought the stake through its Singapore subsidiary Fresenius Kabi ...

[Posted on : 2008-04-20 ] Category : [ India (Business) ]

India's Wipro posts 3-per-cent quarterly profit rise
New Delhi - India's third-largest software company, Wipro Ltd, on Friday said it posted a net profit growth of 3 per cent in the fiscal fourth quarter, lagging estimates as its business was affected by the slowdown in the US economy. The firm in a st...

[Posted on : 2008-04-18 ] Category : [ India (Business) ]

Toyota to build new plant in India
Tokyo - Japanese car giant Toyota is to build a new car manufacturing plant in India which will produce around 100,000 vehicles including the Toyota Corolla and a new small car annually from 2010 onwards, the company announced Friday. The investment ...

[Posted on : 2008-04-11 ] Category : [ India (Business) ]

 



 

 


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