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ASSOCHAM foresees India’s Exports Falling By 10% in EU due to it’s Sovereign Crisis
Wednesday, May 12, 2010

New Delhi: Export target of $ 200 billion for 2010-11 set by government could be at stake if Euro Zone sovereign crisis are not prevented from spreading to larger part of European Union in the absence of which India’s exports could witness a slump of close to 10% in the block in ...

Orissa-based Gopalpur Ports announces financial closure for first phase
Tuesday, May 11, 2010
Bhubaneswar: Gopalpur Ports Ltd today announced financial closure for the first phase of its allweather port at Gopalpur. Managing Director Mahimananda Mishra said that the closure was achieved with a consortium of 11 banks coming forward to support with a total loan amount of Rs 84...
Alstom and Infosys Technologies Partner to Develop Next Generation Power Solutions
Tuesday, May 11, 2010

New Delhi: Alstom, a world leader in energy and rail transport infrastructure and Infosys Technologies Limited (NASDAQ: INFY), today announced the expansion of their strategic partnership in areas of global Research and Development (R&D), Engineering and Engineering IT servic...

Himachal Pradesh Chief Minister seek liberal finances for rural projects
Tuesday, May 11, 2010

Shimila: Prof. Prem Kumar Dhumal, Chief Minister, has urged the UCO Bank to make liberal finances available to the farming community for execution of mini and micro projects in the rural areas with a view to strengthen the rural economy. He was interacting with Shri S.K.Goel, Cha...

Andhra Pradesh Government plans to provide Rs.38,000 crore towards Crop loans for Khariff, Rabi during 2010-11
Tuesday, May 11, 2010

Hyderabad: The State Government is planning to provide Rs.38,000 crore towards Crop loans for Khariff and Rabi during 2010-11 and to achieve this goal Bankers should come forward to lend liberally”, said the Chief Minister, Dr.K.Rosaiah. He wanted the crop loans to all tenant far...

Ranbaxy delivers quarterly sales of over $500 Million
Tuesday, May 11, 2010

Gurgaon: The Board of Directors of Ranbaxy Laboratories Limited (RLL), at their meeting held today, took on record the unaudited results for the quarter ended March 31, 2010.
Key Financial Highlights
Financial Performance for the quarter ended March 31, 2010 (Q1’10)

UID: A Door to open Doors for the marginalized : Nandan Nilekani
Tuesday, May 11, 2010

New Delhi: Elaborating on the benefits of ‘unique identification’, Mr Nandan Nilekani, Chairman, Unique Identification Authority of India (UIDAI), Planning Commission, Government of India, said that the Project would help the marginalized and the migrant access public services. I...

Wipro Technologies announces changes in leadership to focus on R&D business
Tuesday, May 11, 2010
Bangalore: Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced the appointment of Ayan Mukerji as the Global Head of Product Engineering Services (PES) group, effective April, 2010. Wipro also announced the appointment of Jeffrey Heenan Ja...
Tata Consultancy Services ranked number-one service provider in the Nordic region
Tuesday, May 11, 2010
Mumbai: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business solutions and outsourcing firm, was today ranked as the number-one player in the Nordic region on major key performance indicators (KPIs) surveyed in EquaTerra’s Nordics Servi...
NDPL launches grid-connected solar power plant
Tuesday, May 11, 2010

New Delhi: In a landmark development, North Delhi Power (NDPL), today announced the successful commissioning of its grid-connected solar power plant at Pooth Khurd, Bawana in northwest Delhi in its distribution network.
 
The 54-KW tail end grid-connected solar pho...

Euro Zone Crisis To Have 'Minimum Effect' On Exports: Finance Secretary
Tuesday, May 11, 2010

New Delhi: Euro Zone Sovereign Debt crisis would have “minimum effect” on India’s exports in current fiscal as it has maintained a good track record of successfully overcoming bigger crisis of much larger scale and volume in recent past thus there is no need to be apprehensive on...

CII and Messe Düsseldorf to jointly organise Wire & Cable India
Tuesday, May 11, 2010

New Delhi: The Confederation of Indian Industry (CII), the leading industrial apex body engaged in organising international trade fairs and Messe Düsseldorf, the successful organiser of international trade fairs for the wire, cable and tube industries, will henceforth jointly org...

Arunachal Pradesh Annual Plan 2010-11 Finalized at Rs.2500 crores
Monday, May 10, 2010

New Delhi: The Annual Plan for Arunachal Pradesh for the year 2010-11 was finalized here today at a meeting between Deputy Chairman, Planning Commission Shri Montek Singh Ahluwalia and Chief Minister of Arunachal Pradesh, Shri Dorjee Khandu. The Plan outlay has been finalize...

Loans worth Rs. 4036 crores disbursed among 1,74,032 beneficiaries in Himachal Pradesh
Monday, May 10, 2010

Shimila: Smt. Asha Swarup, Chief Secretary has lauded the role of banks supporting their contribution in the process of economic development of the State and said that fresh loans to the tune of Rs. 4,036 crores was provided by banks under Annual Credit Plan of 2009-10 upto Decem...

Vedanta Resources Acquires Zinc Assets of Anglo American Zinc
Monday, May 10, 2010

New Delhi: Vedanta Resources plc (LSE:VED) ("Vedanta") and Anglo American plc (LSE:AAL) ("Anglo American") announced today that they have signed a definitive Share Purchase Agreement under which Vedanta, through one of its controlled Group companies, will acquire Anglo American Z...




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