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  • Business in 2014: Nokia Exit Brings Tamil Nadu Back to Drawing Board

    Business in 2014: Nokia Exit Brings Tamil Nadu Back to Drawing Board

    Having suffered a huge 'Nokia' setback in 2014 in terms of thousands of job losses and a significant revenue loss, the country's third largest state in terms of industrial output now faces an uphill task ahead in 2015 amid a politically charged-up environment due to conviction of powerful former Chief Minister J Jayalalithaa.

  • SpiceJet Resumes Normal Operations

    SpiceJet Resumes Normal Operations

    SpiceJet will operate another 106 flights for the rest of the day, Mr Kapoor said.

  • BlackBerry Works With Boeing on Phone that Self-Destructs

    BlackBerry Works With Boeing on Phone that Self-Destructs

    The Boeing Black phone being developed by the Chicago-based aerospace and defense contractor, which is best known for jetliners and fighter planes, can self-destruct if it is tampered with.

  • Vistara to Launch Operations From January 9

    Vistara to Launch Operations From January 9

    Tata-Singapore Airlines joint venture airline Vistara on Thursday announced the launch of its operations from January 9 with flight from Delhi to Mumbai and Ahmedabad.

  • Tata Chemicals Aims at Rs 30,000 Crore Topline in 5 Years

    Tata Chemicals Aims at Rs 30,000 Crore Topline in 5 Years

    The company which is into chemicals, agri-inputs and food, would also focus on FMCG and non-regulated agri sector products as major future growth drivers through both organic and inorganic route, its executive director and CFO, Prashant Kumar Ghose said.

  • SBI Has No Plans to Lend to SpiceJet

    SBI Has No Plans to Lend to SpiceJet

    Earlier this week, the Civil Aviation Ministry had said it may request Indian banks/financial institutions to extend loans of up to Rs 600 crore to the airline.

  • Sebi Bars RDB Rasayans & Directors from Markets for 4 Years

    Sebi Bars RDB Rasayans & Directors from Markets for 4 Years

    The Securities and Exchange Board of India (Sebi) found that RDB Rasayans Ltd, a company based in Kolkata, had failed to disclose certain material developments in IPO prospectus and mis-utilising the proceeds from the public issue.

  • EPFO Trustees Decides to Set up Panels on Investment Options

    EPFO Trustees Decides to Set up Panels on Investment Options

    The board also cleared another proposal for implementation of minimum monthly pension of Rs 1,000 in perpetuity. As per the notification issued on September 1, the entitlement was available till March 31 and this move will enable beneficiaries of this scheme to get pension even after his fiscal.

  • Bajaj Auto Bags Export Order for 1.25 Lakh Bikes

    Bajaj Auto Bags Export Order for 1.25 Lakh Bikes

    The company has already supplied 48,000 units successfully against this order, Bajaj Auto Ltd said in a filing to the BSE.

  • FIPB Clears HDFC Bank and Ratnakar Bank FDI Proposals

    FIPB Clears HDFC Bank and Ratnakar Bank FDI Proposals

    Banks can have up to 49 per cent foreign investment without regulatory approval but require approval from RBI and the FIPB if they want to increase the foreign investment limit to 74 per cent.

  • SpiceJet Rescue Plan Marks Bold Bet on Indian Aviation Recovery

    SpiceJet Rescue Plan Marks Bold Bet on Indian Aviation Recovery

    The co-founder of SpiceJet is leading over Rs 1500 crore rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.

  • Indiabulls Settles Case With Sebi with Rs 1 Crore Payment

    Indiabulls Settles Case With Sebi with Rs 1 Crore Payment

    Sebi however said that further enforcement actions, including commencing or reopening of these proceedings, could be initiated if any representation made by the broker is found to be untrue.

  • Dr Reddy's Acquires Habitrol Brand

    Dr Reddy's Acquires Habitrol Brand

    City-based drug maker Dr Reddy's Laboratories has acquired Habitrol brand, a nicotine replacement therapy transdermal patch, from Novartis Consumer Health Inc.

  • IDBI to Sell 5% Stake in National Stock Exchange

    IDBI to Sell 5% Stake in National Stock Exchange

    IDBI Bank will sell its entire 5 per cent stake in National Stock Exchange or NSE in a transaction that may fetch the lender about Rs 1,000 crore.

  • Coal India Asks Power Firms to Contact it for FY16 Import

    Coal India Asks Power Firms to Contact it for FY16 Import

    Coal India has asked power firms to contact its supplying companies in case they need to import coal through them for the coming fiscal year.

  • SpiceJet Likely to Go Kingfisher Airlines' Way: Analysts

    SpiceJet Likely to Go Kingfisher Airlines' Way: Analysts

    The news of fresh investment in to SpiceJet might have enthused traders, but most analysts believe that SpiceJet will go the Kingfisher way.

  • Intellect Lists on BSE, NSE; to Set Up Labs in Mumbai & US

    Intellect Lists on BSE, NSE; to Set Up Labs in Mumbai & US

    The listing is a decisive step and the logical progression of a company with deep expertise, Intellectual Property and a global customer base, the company said.

  • IVRCL Sells Stake in Chennai Desalination Plant

    IVRCL Sells Stake in Chennai Desalination Plant

    IVRCL holds 75 per cent stake in the company while rest is with a technical partner from Spain.

  • Court Ruling Gives Rs 1,000 Crore VAT Relief to ONGC

    Court Ruling Gives Rs 1,000 Crore VAT Relief to ONGC

    In a major relief to government-run Oil and Natural Gas Corporation, the Gujarat High Court on Thursday upheld its plea in a dispute with the state which had demanded value added tax (VAT) dues of around Rs 1,000 crore.

  • SpiceJet Crisis: Co-Founder Ajay Singh Attempts Rescue Operation

    SpiceJet Crisis: Co-Founder Ajay Singh Attempts Rescue Operation

    When Kalanithi Maran bought 58.4 per cent stake in Spicejet in 2010, it was the most profitable airline in the Indian skies. But a series of bad decisions including replacing professionals with family and friends to run the airline have put the carrier in deep trouble.

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