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

Family feud drags Reliance Communications shares down
Mumbai, June 16 (IANS) The feud in the Ambani family over elder brother Mukesh's right to acquire majority equity in Reliance Communications, which is in amalgamation talks with South African telecom giant MTN, dragged the company's shares down by 1.52 percent in Indian bourses Monday.

Monday, June 16, 2008 6:11:18 PM

India prays to rain gods to tame inflation, fill granary
New Delhi, June 16 (IANS) An early monsoon may be a good omen for the government that is under attack for spiralling inflation, but experts are also looking for a stable rainy season ahead to ensure a bumper rice crop.

Monday, June 16, 2008 6:09:39 PM

Empee to invest Rs.5.15 bn in sugar complex
Chennai, June 16 (IANS) The city-based Rs.611 million Empee Sugars and Chemicals Ltd will set up a greenfield integrated sugar mill complex in Tamil Nadu's Tirunelveli district with an outlay of Rs.5.15 billion.

Monday, June 16, 2008 6:08:14 PM

Punjab Chemicals profit rises 276.56 percent
Mumbai, June 16 (IANS) Punjab Chemicals and Crop Protection Ltd Monday announced a consolidated profit after tax (PAT) of Rs.265 million during fiscal 2007-08 compared to Rs.70 million the previous year, recording a growth of 276.56 percent.

Monday, June 16, 2008 5:55:37 PM

Jivox closes $10.7 million Series A financing
Mumbai, June 16 (IANS) California headquartered Jivox, an online video advertising platform, Monday reported here it has closed a $10.7 million Series A round of financing.

Monday, June 16, 2008 5:53:22 PM

Financial bids called for Kolkata airport upgrade
Kolkata/New Delhi, June 16 (IANS) The process to revamp the Kolkata airport was put on the fast track Monday with the state-run Airports Authority of India (AAI) inviting financial bids from eight short-listed parties. The bids will be opened June 23.

Monday, June 16, 2008 5:12:57 PM

Yamaha aiming to zoom with new bike
Chennai, June 16 (IANS) Japanese bike maker Yamaha is looking to regain lost ground in the highly-competitive Indian two-wheeler market with the brand new Sports bike YZF-R15.

Monday, June 16, 2008 5:11:05 PM

Realty, banking and metal stocks pull up equity markets
Mumbai, June 16 (IANS) The Indian equity markets closed on the up Monday, thanks to sustained buying in realty, banking and metal stocks.

Monday, June 16, 2008 5:00:19 PM

Reliance Communications shares drop 1.5 percent
Mumbai, June 16 (IANS) The shares of Reliance Communications, which is in tie-up talks with South African telecom giant MTN, fell 1.7 percent Monday over a rival group's claim that it has the first right over its majority equity, should it be sold.

Monday, June 16, 2008 4:59:45 PM

Tata Steel in Orissa joint venture to set up power plant
Mumbai, June 16 (IANS) Tata Steel and its wholly-owned subsidiary, Rawmet Ferrous Industries Ltd, will collaborate with vehicle dealer Jasper Industries to set up a power plant in Orissa, it was announced Monday.

Monday, June 16, 2008 4:57:56 PM

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