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Wipro Technologies Wins Large Multi-Year Contract from Royal Philips Electronics
Thursday, July 26, 2012
Mumbai: Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today announced that the company has signed a large multi-year contract with Royal Philips Electronics as their Global Prime Partner in its Transformationa...
India has huge investment potential in oil & gas value chain: RPN Singh
Thursday, July 26, 2012

New Delhi: India offers significant investment and business opportunities to companies engaged in the oil and gas value chain, minister of state for Petroleum and Natural Gas, Mr. R.P.N. Singh said at an ASSOCHAM event held here in New Delhi today.

“To increase its energy...

U.S. Deputy Secretary of Defense Ashton B. Carter Concludes July 22-25 India Visit
Wednesday, July 25, 2012

Hyderabad: As part of his first official trip to the Asia-Pacific region as Deputy Secretary of Defense, Dr. Ashton B. Carter visited India July 22-25.  During this visit, he discussed with key Government of India officials and defense industry leaders how the United States ...

Odisha: Aircel organizes 'Utkal Premier league' Contest
Wednesday, July 25, 2012

Report by OD bureau; Bhubaneswar: Aircel, one of the leading  Telecom Operators had successfully  organized “ Utkal Premier League contest “  for its retail & distributors in Odisha.

With an aim to strengthen the business in Odisha circle and to keep a...

Odisha: OTDC bus service to Aradi, Birajakshetra soon
Wednesday, July 25, 2012

Bhubaneswar: Odisha Tourism Development Corporation Ltd has decided to run bus service to Aradi, Birajakshetra soon. Now tourists and devotees will able to have darshan of Lord Akhandalamani at Aradi, the reigning deity of Bhadrak district, and Maa Biraja, the Shakti Pitha of Jaj...

India inc. cuts corporate budget by over 40%: ASSOCHAM
Wednesday, July 25, 2012

New Delhi: Advertisement budget of India’s Inc. for brand promotion have reportedly been curtailed by nearly 40-45% in fiscal 2011-12 due to high cost of credit, increased raw material prices, hike in interest rate, weak demand in domestic and export market, poor infrastructure e...

Odisha collects Rs 372 cr as excise tax in first quarter
Tuesday, July 24, 2012

Bhubaneswar: The state government has collected excise tax to the tune of Rs 372 crore in the first quarter starting from April to June in the current fiscal registering an increase of four percent against the first quarter of 2011-12. However, the excise department has failed to meet the tax col...

Essar Oil secures loan facility to repay deferred sales tax liability
Tuesday, July 24, 2012

Mumbai: Essar Oil Limited today announced that it has tied up a new credit facility from domestic banks to provide a credit line of up to Rs 5,000 crores to meet its Sales Tax liability of Rs 6,169 crore. The company continues to pursue the matter of repayment schedule of its sal...

Odisha: Farmer's outfit deferred agitation against Essar
Tuesday, July 24, 2012

Report by Kanhu Nanda; Jagatsinghpur: Milita Chasi Sangathan a farmers outfit was working for the displaced and land losers for proposed Essar plant site at  Paradeep had deferred its proposed agitation following a talk between agitated farmers' body and Essar authorities on...

CII President Condemns Violence at Maruti’s Manesar Plant
Tuesday, July 24, 2012
New Delhi: CII President, Mr Adi Godrej strongly condemned the recent violence that erupted at the Maruti Plant at Manesar resulting in the death of a senior company official and injuring more than ninety employees including some foreigners. According to the CII President, an incide...
Economists Say Rupee at New Normal: CII Survey
Tuesday, July 24, 2012
New Delhi: According to a survey of 35 economic analysts from across Industry, by the Confederation of Indian Industry, the Indian rupee is not expected to fall further in the immediate future. However, the current exchange rate of Rs 53-55 vis-à-vis the US dollar is the new normal,...
Corporates manage to hold on to bottomline growth; but future is uncertain, says ASSOCHAM
Tuesday, July 24, 2012

New Delhi: Corporates  managed to hold on to  growth both in net profits and total income in the first quarter of the current financial year braving a negative perception about the economy that arose  out of slowdown in GDP in the last financial year,  ASSOCHAM analysis of the...

Defence Cooperation Central to the Partnership between Indian and the US: Dr Ashton B Carter, US Deputy Secretary of Defence
Tuesday, July 24, 2012
New Delhi: In his speech to the Confederation of Indian Industry today, US Deputy Secretary of Defence Ashton B Carter described his work with Indian leaders to outline a joint vision for greater US-India defence cooperation.  He was speaking at the US-India Defence Cooperation: The Way Forward...
63-year-old Thomas Chacko completes his dream project of a nationwide expedition in a Tata Nano
Monday, July 23, 2012

Mumbai: Thomas Chacko, a Kochi-based, 63-year old motoring enthusiast, who started his national expedition, in a Tata Nano, from Mumbai on May 3, 2012, successfully completed his 78-day long dream project on July 21, 2012. During the expedition, Mr. Chacko covered 26,500 kms, cal...

Asia Pharmaleaders To Review India Healthcare Brand Growth Story
Monday, July 23, 2012
Report by OD bureau; Mumbai: Pharmaleaders is all set to bring together some of the biggest names in healthcare, pharmaceutical circle, policy makers to create a platform of interaction of a very intense debate on Brand India : Beyond Generics, Growth, Challenges & Developments ...



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