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Vodafone launches Solar Powered Phone in Orissa
Wednesday, July 28, 2010
Bhubaneswar: Vodafone Essar, one of India’s leading cellular services providers, today announced the launch of its latest generation eco-friendly solar charging handset in India. The new handset uses a solar powered solution to benefit users in areas with adequate sunlight....
FICCI: 26% FDI CAP has already attracted top overseas defence OEMS
Wednesday, July 28, 2010
New Delhi: The 26% FDI cap in the defence sector has already attracted top overseas defence OEMs like BAe, EADS, Sikorsky, Lockheed Martin, Electtronica Defence Systems, etc to hugely invest in India’s defence sector. Therefore, any increase in FDI Cap in a strategic sector like Defence will requ...
Essar Oil Limited reports revenues of over Rs 12,000 crore
Wednesday, July 28, 2010
Mumbai: Essar Oil Ltd (EOL) today reported revenues of Rs 12,048 crore for Q1 FY2011, an increase of over 52 percent compared to the corresponding quarter in the last financial year. The company however reported a loss of Rs 70 crore, owing largely to contraction in GRMs (Gross R...
RBI equitably addresses issue of inflation and growth: ASSOICHAM
Wednesday, July 28, 2010
New Delhi: The Monetary measures announced by RBI equitably address concerns for reigning inflationary expectations and cooling demand pressures as also maintaining sustained growth momentum, according to The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
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Exim Bank Extends Us $ 60 Million Credit Line To Myanmar
Wednesday, July 28, 2010
New Delhi: EXIM Bank of India today extended a US$ 60 million line of credit to Myanmar for financing of railway projects. These projects will be executed by the India’s state-owned RITES Ltd. This was announced by Mr. U Soe Tha, Minister for National Planning & Economic deve...
FICCI reaction on credit policy
Wednesday, July 28, 2010
New Delhi: Reacting to the Credit Policy announced by RBI today, Mr. Rajan Bharti Mittal, President, FICCI, said, “The successive and frequent hikes as observed recently run the risk of slowing down Industrial growth, particularly manufacturing sector.
FICCI expresses con...
Titan Industries net profit up by 76.5 per cent in Q1 of 2010-11
Wednesday, July 28, 2010
Mumbai: After a sterling performance in its silver jubilee year 2009-10, Titan Industries, has come up with yet another record performance during the first quarter (Q1) of 2010-11. The profit after tax in Q1 this year has grown to Rs81.28 crore from Rs46.04 crore during the same ...
Sustainable CSR Should Be the Mantra for Corporate India: ASSOCHAM
Wednesday, July 28, 2010
New Delhi: Sustainable Corporate Social Responsibility initiatives which are directly or indirectly rooted in the business of an organization were the key to promote equitable economic development of the country.
The role of CSR, especially from the point of view of IT Co...
Hawkish Monitory Measures On Cards says ASSOCHAM
Wednesday, July 28, 2010
New Delhi: Reserve Bank of India (RBI) is likely to unveil hawkish monitory measures like increase of 50 basis points in repo rate and 25 basis point hike in reverse repo rate, leaving cash reserve ration completely untouched to reign in inflation on Tuesday as baby steps initiat...
Neelachal Ispat Nigam bags ISO-9001: 2008 Certificate
Wednesday, July 28, 2010
Jajpur: PSU Neelachal Ispat Nigam Limited (NINL) located at Kalinga Nagar, a joint venture of MMTC and Odisha Government, was accredited with the ISO-9001: 2008 certification on Sunday. ISO Director S Panigrahi presented the award to MMTC CMD and NINL Chairman Sanjiv Batra along ...
Greenco group to invest 15 thousand crore in Orissa project
Tuesday, July 27, 2010
Report by Dipti Ranjan Kanungo, Bhubaneswar: The Greenco group has given proposal to the government for set up Energy and Oil city at Sonepur of Ganjam. Director of Sonepur Energy and Oil city Pvt Ltd. S.K. Chamalset has submitted their proposal after discussion with the Chief Mi...
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