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Business

  • Microsoft chief joins Infosys

    Bangalore, Apr 15 () : Former Microsoft India Chairman Ravi Venkatesan was today, inducted into the board of directors of IT major Infosys, as an additional director of the company with immediate effect. Infosys Chairman and Chief Mentor N R Narayana Murthy, in the statement said, “Ravi Venkatesan is one of the best known leaders…

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  • CII, FICCI welcome withdrawal of service tax on healthcare

    New Delhi, Mar 22 (ANI): The Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI) have welcomed the decision of Union Finance Minister Pranab Mukherjee to roll back the proposed five percent service tax on healthcare services. “FICCI welcomes the decision of the Finance Minister to roll back the…

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  • DMK – Congress split

    New Delhi, March 5 (): The DMK has decided to withdraw its ministers from the Union Cabinet. The party will now only extend issue-based support to the UPA government. This was decided at the meeting of a high-level committee of the DMK this evening. The meeting had been called to decide on continuing the party’s…

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  • Sixty eight percent Indian women cant afford sanitary napkin

    Mumbai, Feb 27 (): It is bad news for sanitary napkin manufacturers in India. Of the 355 million menstruating women in India, only 12 per cent use sanitary napkins. The figure is small compared to countries like China, where majority of women use sanitary napkins, the survey maintained. The study, carried out by global information…

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  • Libya crisis to help BP-Reliance deal

    New Delhi, Feb 23  (): India has prepared an evacuation plan for Indians in Libya through the sea route. With BP the largest player in Libya tying up with Reliance India for a $7.2 million deal there are indications that with the current unrest the deal might go up to $20 million dollar. In her…

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  • Mukesh Ambani’s Raigadh SEZ scrapped

    Mumbai, Feb 20 (): Anti SEZ activists across the nation are happy with the decision of the Maharashtra  Government to scrap the Mukesh Ambani-led Raigadh Special Economic Zone (SEZ) project, touted as the country’s biggest SEZ . Ambani in partnership with Anand Jain, needed over 20,000 acres for the Raigadh Maha-Mumbai SEZ. Three villages in…

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  • Indian, Indonesian business chambers sign 16 MOUs

    New Delhi, Jan.25 (ANI): Business chambers of India and Indonesia on Wednesday signed 16 memoranda of understanding on the sidelines of a three-day state visit to India by Indonesian President Susilo Bambang Yudhoyono. The agreements signed included bilateral cooperation in urea manfacturing; development of an industrial complex for heavy minerals; construction of a railway line…

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  • Russian foreign minister Sergei Lavrov in Delhi

    New Delhi, Nov 29 (): Russian Foreign Minister Sergei Lavrov will be in India for a one-day visit Monday ahead of President Dmitry Medvedev’s visit to the country in December. Lavrov will meet Prime Minister Manmohan Singh and External Affairs Minister S.M. Krishna. Bilateral relations have blossomed in recent years, with India being one of…

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  • Ilayaraja is brand ambassador for Malabar Gold

    Chennai, Oct 17 (): Malabar Gold based at Kerala had announced popular music director Ilayaraja as their brand ambassador for the company seeks to expand its network in Tamil Nadu. For the first time ace music director Ilayaraja entered into commercial venture which has created an hype by itself and expected to reach the target audience at…

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