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
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
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
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
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
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
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
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
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
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 scrip tumbled 13 per cent during the day's trade after touching an intra-day low of Rs 470.15. However, Ranbaxy recovered some of the lost ground to settle at Rs 475.90, a decline of 10 per cent over the previous
The committee set up for the purpose under Additional Secretary Department of Telecom (DoT) Subodh Kumar, has other senior officials from the department besides professors from IITs, IIMs, met for three hours and discussed the terms of reference of the
The main prayer of the appellants, a Rajkot-based investors' association, was that the IPO be stopped since it had become infructuous as the public issue had gone through on orders of the Supreme Court, SAT said. The tribunal has given
HSBC is the first non-US company to lead the survey since 1999 , a company press release said. The survey found that US banks now account for just 14 per cent of the aggregate top 1,000 pre-tax profits, down from
A bench headed by Justice R V Raveendran upheld the orders of the National Consumer Disputes Redressal Commission and the Maharashtra State Consumer Commission which asked the company to pay more than Rs 7.55 lakh as compensation besides exemplary cost
Top securities (non-repo) traded on WDM segment were, the 364-day treasury bills (Issue 061108) traded for Rs 55.00 cr at a weighted yield of 8.87 per cent, the 9.39 per cent government security maturing in 2011 traded for Rs 50.00
Company officials said flying from Indian destinations to Europe and the United States will help Kingfisher offset some losses that it suffers on domestic routes due to exorbitant aviation fuel costs. "We stand on the threshold of starting international services
Since the database of the technical textile industry in India was limited, the task of conducting a baseline survey of this industry has been entrusted to ICRA Management Consultancy Services, the report of which would be ready in September, he
