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The Hindu - Business
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The Internet edition of The Hindu, India's national newspaper
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Manipal Universal to induct Rs. 1,435 cr. foreign equity
Chidambaram clears 18 FDI proposals worth Rs. 1,820 crore
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FM tells corporates to embrace PM?s social charter
Six companies get corporate social responsibility awards
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Poonawala acquires stake in Orchid
MUMBAI: Orchid Chemicals, which came into prominence recently for pharma major Ranbaxy acquiring over 14 per cent stake and later forging an alliance, on Friday disclosed over seven per cent stake purchase by another investor, believed to be ...
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SAIL posts record profit
NEW DELHI: Riding on cost cutting measures and improved production of value-added steel, Steel Authority of India Ltd. (SAIL) on Friday reported highest-ever net profit of Rs. 7,536.78 crore in 2007-08, up 21.5 per cent. ?Our ...
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U.S. blames China for currency policy
WASHINGTON: The U.S. accused China of keeping its yuan currency ?substantially undervalued,? but stopped short of branding Beijing a currency manipulator. Still, the U.S. ratcheted up a notch its longstanding criticism of ...
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Billionaire launches bid for control of Yahoo
LOS ANGELES: Voicing disappointment over Yahoo. Inc.?s refusal of Microsoft takeover bid, billionaire Carl Icahn launched a bid for control of Yahoo. Mr. Icahn said he took the move because Yahoo?s board ?completely ...
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Jet Airways? North American expansion
SAN FRANCISCO: Jet Airways will commence daily service out of San Francisco International Airport to Shanghai and Mumbai from June 14, giving Bay Area travellers another choice when flying to India, Jet Airways founder and chairman Naresh ...
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Kawasaki to sell sports bikes
TOKYO: Kawasaki Heavy Industries on Friday said it would start selling Kawasaki brand sports motor bikes in India through carmaker Bajaj Auto by the summer of 2009 to tap growing demand for luxury bikes there. ...
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Vodafone to acquire Danish firm
LONDON: Vodafone will acquire Denmark-based ZYB, which operates a social networking site focussed on mobile phone users, for about 31.5 million euro. After acquisition, ZYB would be incorporated into Vodafone?s Internet Services ...
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McNally buys stake in Sayaji
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Pidilite eyeing companies in U.S., Europe
NEW DELHI: Pidilite Industries on Friday said it is planning to expand its base by acquiring majority stakes in companies in Europe and the U.S. and is actually talking to some of them. ?Yes, we are holding discussions with some ...
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StanChart in pact with IFC
MUMBAI: IFC, a member of the World Bank Group, and Standard Chartered Bank on Friday announced that they had collaborated on the launch of the first-ever issuance of notes backed by loans to micro finance institutions in Africa and Asia. ...
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Nokia shifts German operations to Romania
BOCHUM (GERMANY): Nokia on Friday totally shut down its mobile-phone production in the western German city of Bochum near Dortmund, cutting down more than 2,000 jobs and moving the plant?s production to ...
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Sensex up 81 points
MUMBAI: The Bombay Stock Exchange?s sensitive index shrugged off high inflation numbers with its third consecutive day of gain and rose 81 points on strong buying in banking majors such as ICICI Bank, SBI and HDFC Bank. The Sensex ended ...
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Exchange Rates
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Bullion Rates
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Witco plans to open more stores
CHENNAI: Witco has launched its third store in Bangalore. According to a release, Witco has been enjoying a 60 per cent market share in Chennai and has 12 multi-brand outlets in the south. It plans to open 50 stores across the country in the ...
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Kavveri Telecom signs MoU with MSRSAS
CHENNAI: Kavveri Telecom Products, engaged in the manufacture of antennas and RF products for the wireless industry, has signed a memorandum of understanding with M. S. Ramaiah School of Advanced Studies (MSRSAS, Bangalore) that imparts ...
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NIIT Tech qualified as approved scanning vendor
CHENNAI: NIIT Technologies has qualified as approved scanning vendor for PCI DSS (payment card industry data security standard). This brings NIIT Technologies into the group of security service operators, providing scanning service for all ...
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Chola DBS launches investment portal
CHENNAI: Cholamandalam DBS Finance, a joint venture between the Murugappa group and DBS Bank of Singapore, has announced the launch of CholaDBS Direct, an online investment portal. The portal, ...
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Thai Airways launches four more flights
NEW DELHI: Thai Airways has announced four additional daylight flights between Delhi and Bangkok from Friday. With these flights, the total frequency of weekly flights between the two cities will increase to 11. The new flights will use Boeing ...
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