Gulf countries, rich from record-high oil prices, announced deals here Monday worth $15 billion for the latest fuel-efficient aircraft and other passenger planes made by Boeing and Airbus. Deals involving the United Arab Emirates and Saudi Arabia were revealed on
The company expects to sell three-four million batteries in 2008-09, a top company official said. "There is a great potential for alkaline batteries in the Indian market. To capture this, we have launched alkaline battery in the country," PBIN's Managing
Jain joins the firm from Citibank where he has for the last 14 years worked across various functions, a press release issued here stated. In his most recent position, Jain worked as a senior client coverage banker with Citigroup Private
At the Interbank Foreign Exchange (Forex) market, the domestic unit resumed higher at 42.82/84 from last weekend's close of 42.87/88 per dollar. Dealers attributed positive opening of the rupee to dollar sales by exporters at higher levels and lack of
HPCL has formed a JV company with government of Chhattisgarh and Chhattisgarh Renewable Energy Development Agency (CREDA) to undertake jatropha plantation in the state," a company release said. Jatropha tree is a source of biofuel. HPCL would hold 74 per
Newly appointed Telecommunications Minister Jebran Bassil said on Monday that he supported the privatization of the cellular networks at the right price. "I don't think any of the politicians in Lebanon are against the privatization of the telecom. But any
Since the database of the technical textile industry in India was limited, the report would throw light on the potential market size of this industry and also suggest action plan for removing the hurdles in the growth of technical textile
Replying to a question on regulating or banning cotton exports, considering the demand from textile industry over soaring cotton prices, Elangovan told reporters here that abolition of customs duty on import of cotton last week, has helped in the decline
Giving the direction, a division bench comprising Justice Elipe Dharma Rao and Justice M Venugopal wanted disciplinary proceedings against the officials "at the helm of affairs for being lethargic" in registering the property. In a civil dispute between the HPCL
Speaking on the occasion of the launch of a new elctronic manufacturing unit and R and D centre in the city, Jay Kunkel, President Asia, Member of the Automotive Managing Board, Continental AG, said currently it was in the process
Strongly denying that economy is slowing down, CII President K V Kamath on Monday said one has to see India Inc's performance in the next two quarters to pass a judgement.
Tokyo, July 14, 2008 - (JCN Newswire) - Sony today announced that it will invite 30 high school students from the cities of Beijing, Xi'an, Wuhan and Nanjing to Japan as part of its "Sony Student Project Abroad (China) 2008"
Koolanoo Group has found success in China. Their social networking site, 360Quan, is the largest teen-oriented Internet site in China, with 30 million logging on each month."China is an emerging market and it's the most exciting and fastest growing internet
China's monstrous online job site, Zhaopin.com, got a shot of cash so huge recently that would make King Kong blush.PaidContent.Org is reporting that Zhaopin has received $110 million in venture capital funds - a mezzanine round of funding designed to
Shares in Ranbaxy Laboratories, among the best performers in the benchmark index so far this year, tumbled 10.5 percent on concerns a U.S. probe against the drug maker may hit sales in the market responsible for 24 percent of its
Prices initially fell by more than $2.50 as the dollar bounded higher, but erased those losses as Brazilian oil workers began a five-day strike. Dealers were also on edge after Nigerian militants abandoned a cease-fire and Iran's president promised a
The significant increase in our sales figures in India reflects our growing presence in the Indian automobile market and highlights the mounting interest of the discerning Indian customer in our cars," Volkswagen India President and Representative of the Volkswagen Group
VC funds have made 51 investments totalling about USD 340 million so far this year, against USD 363 million via 55 deals till June last year, the PE and VC investment tracking firm Venture Intelligence said in its latest report.
The ceaseless shuffling of brightly colored containers at the Port of Beirut should be awe-inspiring to the citizens of a country where a pile of burning tires can close the international airport for several days and a bombing campaign can
Activity on the Beiurt Stock Exchange mimicked the preceding week's trading pattern as investors betted on the formation of a new government. The week started with a bullish sentiment with heavy trading on Solidere shares that drove the Blom Stock