Company CEO Sathish Kumar told reporters here today that BP Hi-Flex knee replacement system, made using cobalt chromium alloy, was launched late last year and expressed hope that this would enable the company achieve the said target. "We hope to

The board has recommended dividend of 60 percent (Rs three per share), a special dividend of 40 percent (Rs two per share) pursuant to the divestment of the enzyme business. It also recommended a 1:1 bonus share issue, Biocon CMD,

Prices of everything from raw materials to energy inputs to ocean freight and consequently of steel products have recently surged to unprecedented highs due to rapid steel demand growth from the developing economies, coupled with inadequate raw material availability," he

Moreover, the PE investments in India surpassed that of neighbouring China, which stood at 570 million dollars during the same period. The report prepared by IndusView, an India-focused cross- border advisory firm, the Indian real estate and infrastructure sectors contributed

Bajaj Holdings and Investment would replace S Kumars Nationwide in the BSE-500 index, a BSE circular said. The BSE-500 index represents nearly 93 per cent of the total market capitalisation on BSE. This index represents all 20 major industries of

City-based Citra Developers won the auction for the land, measuring 5,41,436 sq metres, today. When contacted Indiabulls Group spokesman Gagan Banga refused to comment. It is understood that the company would develop an integrated township on this land. Metropolitan Intrahousing

In its expansion programme the bank would introduce on-line trading to augment the its non-interest income, Shandilya told reporters here. He said during 2007-08, the bank has recorded a business growth (deposits plus advances) of Rs 10,181 crores to reach

The bank staff were coming in a jeep to the bank with the cash at about 1.30 pm after withdrawing Rs 20 lakh from the UCO bank branch and Rs 13 lakh from the LIC office here when the incident

In a letter to Manmohan Singh, Raje asked him to issue directions to concerned departments in this regard. She said the two thermal power stations at Kota and Suratgarh were facing shortage of coal for generating power. In the letter,

Last year, India exported 50-55 lakh bales of cotton and this is expected to grow to 65-70 lakh bales," Textile Commissioner J N Singh told reporters on the sidelines of a FICCI seminar here. He said the cotton production is

A leading Lebanese banker called for an independent assessment of the performance of international rating agencies, saying they had given an unfair credit rating to the Lebanese banking sector. Speaking in Beirut at a workshop on the effects of the

Oil prices rocketed to historic highs above $119 on Tuesday, lifted by the tumbling dollar, unrest in Nigeria and OPEC's reluctance to increase output, traders said. New York's main oil futures contract, light sweet crude for delivery in May, jumped

Although hedge and PE funds play a major role in foreign markets, we would not like hedge and PE funds to come into our markets," he told on the sidelines of a conference here. "We would like most stable players

The middle level executives with a work experience of 2-10 years hold huge potential for the recruitment process outsourcers like us. The segment is left untapped as the top level gets head hunted and the freshers get taken up through

The BSE Realty sector stocks topped among sectoral indices with a significant rise of 230.37 points at 7,906.14, contributing major support the key BSE Sensex, which ended 44.54 points higher at 16,783.87. Stock brokers said market has discounted a hike

There is no proposal at present to give any incentive (on ECB) to specific sector," Minister of State for Finance P K Bansal told Rajya Sabha in a written reply. The government had put restrictions on ECB to moderate capital

The govt said it has directed four states -Maharashtra, Madhya Pradesh, Rajasthan and West Bengal - to import wheat from the global market to meet about half of their foodgrain requirements under the TPDS and welfare schemes.

With the country's defence market poised to touch an all-time high of $1 billion by next year, the govt's much-awaited new DPP is now expected only sometime in late May, which may lead to a second extension of the requests

The IIT may go in for an upward revision of tuition fees. This comes close on the heels of the IIM hiking fees, which ranged between 58% to 175% increase, depending on the institute.

To curb pesky calls, telecom regulator Trai has introduced a financial disincentive scheme under which the mobile service providers would be fined up to Rs 20,000 for unsolicited calls.