Business News

Last updated: Thursday, September 18, 2014 6:12:14 PM

LIC eyes 50 percent growth in first premium income
Kolkata, June 24 (IANS) Insurance major Life Insurance Corporation of India (LIC) plans to achieve 50 percent growth in the first premium income (FPI) this fiscal, an official said Tuesday.

Tuesday, June 24, 2008 10:57:45 PM

Cisco unveils social network platform for IT community
Bangalore, June 24 (IANS) Networking major Cisco Tuesday unveiled a social learning network platform for the global IT community aimed at talent development to meet the growing demand for networking skills.

Tuesday, June 24, 2008 10:52:37 PM

Jet Airways lands in turbulent times with huge losses
Mumbai, June 24 (IANS) India's largest private carrier Jet Airways has posted a net loss after tax of $63.26 million (Rs.2.53 billion) during the fiscal year 2008 compared to a net profit of $6.98 million (Rs.279.40 million) for the previous year.

Tuesday, June 24, 2008 10:16:17 PM

Tata acquires more stake in South Africa's Neotel
Mumbai, June 24 (IANS) Telecom major Tata Communications has acquired 30 percent more stake in South Africa's No. 2 telecommunication operator Neotel from two South African state-run firms, Eskom and Transnet.

Tuesday, June 24, 2008 9:40:32 PM

Price rise has adversely affected poor: vice-president
New Delhi, June 24 (IANS) Vice-President Mohammad Hamid Ansari Tuesday expressed concern over increasing food prices, which have adversely affected the poor across the world.

Tuesday, June 24, 2008 9:38:37 PM

RBI increases CRR to 8.75 percent
Mumbai, June 24 (IANS) The Reserve Bank of India (RBI) has increased the cash reserve ratio of banks by 50 basis points to 8.75 percent in two stages keeping in view 'domestic and global macroeconomic and financial developments', it was announced here Tuesday.

Tuesday, June 24, 2008 9:37:06 PM

Orissa hikes bus fares
Bhubaneswar, June 24 (IANS) Orissa Tuesday hiked the bus fares following the increase in fuel prices as well as a strike call by a bus owners' association in the state from Wednesday.

Tuesday, June 24, 2008 9:32:59 PM

GIC to invest Rs.9 bn in S. Kumars unit
Mumbai, June 24 (IANS) GIC Special Investment, the private equity investment arm of Government of Singapore Investment Corporation (GIC), will invest Rs.9 billion in Reid and Taylor, a unit of S. Kumars Nationwide Limited, through a fresh issue of shares and warrants.

Tuesday, June 24, 2008 8:42:49 PM

Calcutta Stock Exchange to get land for building by July
Kolkata, June 24 (IANS) The Calcutta Stock Exchange (CSE) Association Limited would get possession of the land allotted for constructing a new building in Rajarhat township by the end of July, said chairman of the exchange Udayan Bose here Tuesday.

Tuesday, June 24, 2008 8:16:06 PM

Bids invited for consultancy on expressways master plan
New Delhi, June 24 (IANS) The government has invited bids for consultancy services to formulate a master plan for the proposed National Expressway Network - freeways that will be spread across some 20,000 km across states.

Tuesday, June 24, 2008 8:02:03 PM

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