India Business News of April, 2008
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Business News of April, 2008
Union Cabinet gives nod to mini tool rooms for SMEs
The Union Cabinet on Economic Affairs has given its approval to the setting up of mini tool rooms in....
Provogue raising Rs 314 Crore for expansion
The retailer company in Indian apparel industry, the Provogue India Ltd has made an official announc....
SPS Group investing in West Bengal
The SPS Group of Companies, that is having interests in the steel, entertainment and hospitality sec....
Glenmark seeking FDA Clearance for conducting trials
One of the leading pharmaceuticals companies in India, Glenmark has stated that it is expecting to f....
Jotun ready to start Commercial Production in its new Plant
In a recent official statement, the subsidiary company of the Norway-based Jotun Group, named the Jo....
IMFA Group building Power Plant at Orissa Plant
The largest manufacturer company of the ferro alloys and ferro chrome in India, named the IMFA Group....
Atlas Copco acquired 25% Stake in two Companies
A division of a Swedish diversified group, the Atlas Copco (India) has recently announced that it ha....
Tata Steel made Offer for buying AVG
The leading private steel maker company in India, Tata Steel has recently made an aggressive attempt....
Toyota investing huge Rs 1,400 Crore in India Soon
The second largest car maker company of the world and also one of the leading automobile companies o....
Yes Bank to make acquisition soon
One of the leading private banks in India, the YES Bank has recently announced that it is planning t....
JV between NTPC and BHEL likely to Bid for UMPPs
The equal Joint Venture (JV) company between the two leading state-run companies like the NTPC and t....
Birla VXL changed its name to Digjam
The fabrics manufacturer company for the suitings, named the Birla VXL has recently announced that i....
Huge $10 Million funding for Gridstone Research
The major financial information and search company named the Gridstone Research has made an announce....
Dhanus Technology making Overseas acquisitions soon
In a recent official statement released by the company, the GPS products and services vendor, Dhanus....
Reliance entertainment acquired US-based DTS Digital Images
The entertainment subsidiary company of the Reliance Anil Dhirubhai Ambani Group (R-ADAG), named the....
Nabard raising Rs 10,000 Crore in this Fiscal
The National Bank for Agriculture and Rural Development (Nabard), has recently announced that it is ....
Reliance retail and M&S forming New JV Soon
The giant company in the Indian retail sector, and the wholly owned subsidiary of the Reliance Indus....
Chicago-based RSM McGladrey acquired by Quatrro
In a recent official statement, the Quatrro BPO Solutions has announced that it has recently acquire....
Mercator Lines investing Rs 4,000 Crore soon
The second largest private shipping by fleet size in India, named the Mercator Lines, has recently i....
SEL manufacturings Board gives Nod to expansion Plan
The board of directors of the major manufacturing company, named the SEL Manufacturing Company Ltd h....
JB Chemicals Board approved Buyback Plan
The board of directors of the JB Chemicals & Pharmaceuticals Ltd, has recently approved the buyback ....
Canon targeting 50% growth for Camera division
The major company in the Indian digital imaging technology industry, Canon India has announced a num....
IFC investing Rs 1,800 Crore in Tata Mundra Project
The member organization of the World Bank Group, named the International Finance Corporation (IFC), ....
GIFTCL raising Rs 8,000 Crore through IPO
A Gujarat-based IT company, named the Gujarat International Finance Tec-City Company (GIFTCL), has s....
Volatility Index India VIX launched by NSE
A volatility index has been launched by the National Stock Exchange that would be reflecting the mar....
Production in Britannias Chennai Plant suspended
In an official announcement made on Wednesday, the major biscuit maker company in India, Britannia I....
Sistema Setting up project in Gurgaon
The largest private sector consumer services company in Russia, named Sistema has recently announced....
Tie-Up between Ranbaxy and DBT for R&D
One of the largest pharmaceuticals companies operating in India, the Ranbaxy Laboratories and the De....
Venezuela investing in Indian Oil Projects Soon
The potential holder of largest oil reserves in the world, the country of Venezuela is planning to m....
Autodesk and IIT-M Signed MoU for Construction Practice Lab
The famous design software and digital solutions company, named Autodesk, has announced that it has ....
Reliance money planning for Global Expansion
The financial subsidiary company of the Reliance Capital, a part of the Reliance Anil Dhirubhai Amba....
Nestle sold part of Alcon to Novartis
The giant food and beverage products manufacturer company from Sweden, Nestle has announced on Monda....
New JV Formed Between Godrej And Swedish Company
A new company has recently made its foray into the womens hygiene market in India and the company is....
Victor Reinz setting Up new facility in Pune
The giant gasket maker company from Germany, named the Victor Reinz has recently announced that it i....
Fresh Contract signed between TCS and Chrysler LLC
One of the leading IT consultancy service provider company in India, the Tata Consultancy Services (....
EVI got Investment of Rs 40 Crore from IDFC PE
The IDFC PE-managed fund named the IDFC Private Equity Fund II, has recently informed that it has ma....
IOC investing Rs 800 Crore for expanding rural retail
The largest domestic oil marketing company in India, the Indian Oil Corporation (IOC) has recently i....
H&B Stores launched two "newu" Outlets in Hyderabad Airport
The retail subsidiary company of Dabur India, named the H&B Stores, has recently launched two of its....
UK-based Company Call 24/7 acquired by WNS
The giant business process outsourcing (BPO) services provider company operating in India, the WNS (....
Gammon Infrastructure increasing Stake in Vizag Seaport
A subsidiary company under the major construction company, Gammon India named the Gammon Infrastruct....
SEBI issuing Realty MF norms within next 15 Days
The regulatory authority of the Indian market, the Securities and Exchange Board of India (SEBI) has....
Huge $240 Million order for Suzlon Wind
The Horizon Wind Energy, Texas of the US has recently awarded a repeat order worth $240 million to t....
ECI raised huge PE of Rs 100 Crore from Sabre
The Hyderabad-based infrastructure development company, the ECI Engineering and Construction Company....
New Products launched by Cummins
A number of three new products have been launched by the Cummins India Ltd for the domestic market a....
Hind Unilever to source Agri-Products from farmers
The officials of the Hindustan Unilever Ltd have recently announced that the company is planning to ....
Equity Shares bought Back by Reliance Energy
In a recent official statement released by the company, the Reliance Energy Ltd has recently stated ....
RIL Eying to acquire Majority Stake In KGGNL
The giant industrial organization in India, the Reliance Industries has stated that it is discussing....
VW investing Rs 1,000 Crore in Chakan Plant soon
The largest carmaker company in Europe and also one of the giant automobile companies in the world, ....
Jubilant acquired Canadian Company DRAXIS
One of the leading contract drug maker companies operating in India, the Jubilant Organosys has anno....
Lowe adding new Business Ventures in India soon
The company that belongs to the famous global marketing communications and marketing services compan....
New JV Company formed between WNS
One of the giant business process outsourcing companies operating their activities in India, the WNS....
I-Flex changed its name to Oracle Financial Services
In a recent official statement released by the company, the i-flex Solutions has announced that it h....
A majority Stake in Spanish Company acquired by Telcon
The major construction company operating in India, the Telco Construction Equipment Company (Telcon)....
Government approved ITIR Policy
The Indian government has approved a policy for creating information technology investment regions (....
Cement Sales Of Aditya Birla Increased 2.8% In March
One of the leading industrialist organizations in India, the Aditya Birla Group has stated that the ....
Avesthagen and DuBiotech joined hands
The Indian biotechnology company named the Avesthagen Ltd has informed that it has joined hands with....
Avesthagen and DuBiotech joined hands
The Indian biotechnology company named the Avesthagen Ltd has informed that it has joined hands with....
New Laboratory Set Up in India by US-based Company
A well recognized US-based company named the Technology Resource has recently set up a new hi-tech t....
Lahari Resorts Expanding Capacity
In a recent announcement, the Lahari Resorts have stated that it is planning for an expansion in Ind....
NTPC Awarded Project to SPML
The National Thermal Power Corporation (NTPC) has recently awarded a huge order with a total valuati....
New Drug Launched By Ranbaxy
The giant pharmaceuticals company operating in India, the Ranbaxy Laboratories Ltd has recently laun....
JPMorgan Chase Seeing Many Companies Tapping DR Route
The JPMorgan Chase has recently announced that it is confident about the Indian companies that are o....
Construction Work Commenced In TCS Pune Development Centre
The giant IT services, business solutions and outsourcing organization in India, named the Tata Cons....
Government Lifted Export Ban on Castor, Coconut Oils
The Indian government has recently lifted the ban on castor oil, coconut oil and the oils that are m....
Etisalat Eying Entry into Indian Market
The giant tele-services provider company from UAE, named the Emirates Telecommunications Corp (Etisa....
New Business Plan by Cisco with Strong Regional Focus
The major networking technology provider company, Cisco has recently restructured its business strat....
Railway Awarded Mega Bulk Subscription Deal to Airtel
The Indian Railway has recently awarded a huge contract to the giant mobile service provider for sub....
Deal Signed Between TCS and ArvinMeritor
A new deal has been signed between the Tata Consultancy Services (TCS) and the premier global suppli....
Sanmar Acquired US Foundry Company Matrix
The Sanmar Group, based in Chennai has announced on Tuesday that it has recently acquired a US-based....
Glenmark Implemented Its Re-Organization
One of the major companies in the Indian pharmaceuticals industry, the Glenmark Pharmaceuticals Ltd ....
Heritage Foods Allotted Shares on Preferential Basis
In a recent official announcement, the Heritage Foods India Ltd has informed that its board of direc....
Sharp Reduction in Wholesale Prices of Edible Oils
The edible oil maker companies of India have cut down the wholesale prices of edible oil sharply on ....
Two New Agencies launched by Mudra Group
A number of two new media agencies have been launched by the Mudra Group and the companies are named....
Videocon Planning to Acquire Motorolas Mobile Handset Business
One of the leading electronics companies operating in India, Videocon has recently announced that it....
M&M Eying A Double-Digit Growth In Fiscal 2009-10
The leading utility vehicle maker company in India, the Mahindra & Mahindra Ltd (M&M), has recently ....
New 8" Laptop Launched By Sahara Computers
The name of the company, Sahara Computers, may not be that much popular among the electronics enthus....
GPCL Acquired South African Company, Kinky Group
The giant FMCG Company in India, Godrej Consumer Products Ltd (GCPL) has made an official announceme....
Prices of Edible Oils Decreasing Soon
The price of edible oils in the Indian market is going to be decreased very soon, as the Indian gove....
Aviation Companies Raised Air Fares for High Fuel Price
The Indian airlines companies have announced a hike in the fuel surcharge on Tuesday, just after the....
MindTree Consulting Changed Name to MindTree
The consultancy company named the MindTree Consulting has recently announced that its board of direc....
GAIL Selling Entire Production from PMT Fields
The largest transporter and marketer of natural gas of India, the state-owned GAIL India, has signed....
I-T Department Refunds Rs 1,395 Crore to MTNL
The Income Tax Department of India, has paid a huge amount of Rs. 1,395 crore to the state-owned MTN....
Tata and M&M to Invest Rs 7,500 Crore in Maharashtra Soon
Two of the leading automobile companies of India, the Tata Motors and Mahindra & Mahindra (M&M) have....
Era Infra Got Games Contract
The major infrastructure company operating in India, the Era Infra Engineering Ltd has recently info....
Kirloskar Brothers Got LoI from AP Government
The Kirloskar Brothers Ltd has stated that it has recently received a letter of intent (LoI) from th....
BHEL Bagged Export Order Worth Rs 550 Crore
The giant state-run equipment company, Bharat Heavy Electricals Ltd (BHEL) has stated that it has ba....
Huge Rs 576 Order for L&T from HPCL
The leading engineering and construction company operating in India, Larsen & Toubro (L&T) has recen....
Cancer-Related Drug launched by Sun Pharma in US Market
The pharma major, Sun Pharmaceutical Industries Ltd has recently announced the launching of its gene....
Cipla to Sale Novartis Iron-Overload Drug in India
The major pharmaceuticals company, Cipla is going to bring the generic version of Deferasirox in the....
Power Grid Raises Rs 4,000 Crore through Loans
The Power Grid Corporation has recently raised a huge amount of around $1 billion (Rs 4,000 crore) v....
Andhra Pradesh Taking Up Huge Bio-Diesel Plantations
The state government of Andhra Pradesh has recently informed in an official statement that it is thi....
Double Record by Vigneshwar Teas in Coonoor Auction
The Vigneshwar Estate Tea Factory has recently created a double-record at the Sale No: 13 of the auc....
Crop Damage in Andhra, TN Resulted Rise in Urad Prices
The prices of the black matpe (urad) have increased in the last few days, due to the recent damage t....
Aspinwall Operating Re-Branding Exercise
One of the oldest companies in India, the Kochi-based Aspinwall & Co. Ltd, has recently launched a b....
TCIL Inducted Four New Directors in Its Board
Four new Directors have recently joined the board of directors of the Thomas Cook (India) Ltd (TCIL)....
IOC Entering Ethanol Production Soon
One of the leading companies in the Indian oil industry, the state-run Indian Oil Corporation Ltd (I....
Shyam Sel Commenced Operations in Biomass Power Unit
The flagship company of the famous industrial organization, named the Shyam Sel Ltd, has recently st....
Major Auto Companies Launching Mega Super Stores Soon
The major automobile companies in India, are planning to set up some new mega stores for showcasing ....
New Company Launched By PFC, Named PFC Consultancy
A new consultancy company has been launched in India by the Power Finance Corporation (PFC) on Monda....

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India Business News of April, 2008