India Business News

Lanco settles lawsuit with Perdaman with nominal payment

by sulekha news on Apr 29 2013 5:05PM IST

New Delhi, April 29 (IANS) Infrastructure major Lanco Infratech said Monday it has settled out of court a multi-billion dollar legal dispute with Perdaman Chemicals of Australia.

Disassociate Saradha from chit fund sector, says chit fund association

by sulekha news on Apr 29 2013 5:05PM IST

New Delhi, April 29 (IANS) The All India Association of Chit Funds Monday urged the government and the media not to associate Saradha group of West Bengal with the chit fund sector, as the company was not registered as a chit fund and had business in various other sectors.

Silicosis affects mine workers

by sulekha news on Apr 29 2013 4:55PM IST

New Delhi, April 29 (IANS) Silicosis is one of the most common diseases that affects Indian mine workers, parliament was informed Monday.

Sensex rises 100 points; HUL, Wipro surge

by sulekha news on Apr 29 2013 4:45PM IST

Mumbai, April 29 (IANS) A benchmark index of the Indian equities markets rose 100 points Monday, led by a strong buying support in FMCG, consumer durables, realty and power stocks, ahead of the Reserve Bank of India's monetary policy review later this week.

India has 6.4 million beedi workers

by sulekha news on Apr 29 2013 4:45PM IST

New Delhi, April 29 (IANS) India has some 6.4 million beedi workers, with 4.5 million of them being women, parliament was informed Monday.

Exide Q4 net rises 3 percent

by sulekha news on Apr 29 2013 4:35PM IST

Kolkata, April 29 (IANS) Exide Industries, the country's biggest storage battery producing company, Monday reported a meagre 2.76 percent rise in its net profit to Rs.146.46 crore for the quarter ended March 31, 2013 compared to Rs.142.52 crore for the same period a year ago.

Hindustan Unilever profit rises 41 percent in 2012-13

by sulekha news on Apr 29 2013 4:15PM IST

Mumbai, April 29 (IANS) Hindustan Unilever, India's largest manufacturer of consumer goods and household products, Monday said its net profit increased 41 percent to Rs.3,796.67 crore for the year ended March 31.

Goa taps waterfalls, dams, temples for tourism

by sulekha news on Apr 29 2013 4:11PM IST

Panaji, April 29 (IANS) Waterfalls, dams, lakes, temples and wildlife sanctuaries are being upgraded in a bid to diversify Goa's tourism bouquet, Tourism Minister Dilip Parulekar said Monday.

Kochi conductors will recharge phones too

by sulekha news on Apr 29 2013 4:10PM IST

Kochi, April 29 (IANS) Conductors in Kochi's private buses will also recharge Vodafone subscribers.

Goa eyes floating hotels, amphibian planes

by sulekha news on Apr 29 2013 4:09PM IST

Panaji, April 29 (IANS) Heli-tourism isn't the only innovation Goa tourism officials are working actively on. Amphibian planes and floating hotels too are being planned to woo vacationers.

Sensex rangebound; power, realty, IT stocks rise

by sulekha news on Apr 29 2013 4:09PM IST

Mumbai, April 29 (IANS) A benchmark index of the Indian equities markets witnessed choppy trading Monday, ahead of the Reserve Bank of India's monetary policy review later this week.

As Kerala hotels down shutters, roadside joints make a killing

by sulekha news on Apr 29 2013 4:09PM IST

Thiruvananthapuram, April 29 (IANS) As more than 20,000 members of the Kerala Hotel and Restaurant Association (KHRA) downed shutters Monday in response to a nationwide strike call, wayside eateries were making a killing, seeing roaring sales.

Mumbai eateries on strike against new service tax

by sulekha news on Apr 29 2013 10:31AM IST

Mumbai, April 29 (IANS) Millions of Mumbaikars could go hungry Monday as around 20,000 hotels, restaurants, licenced tea and snacks outlets as well as ubiquitous vada-paav stalls go on strike to protest the new service tax (ST).

Sudipta Sen interrogated by Assam Police

by sulekha news on Apr 28 2013 10:25PM IST

Kolkata, April 28 (IANS) Scam-ridden Saradha Group boss Sudipta Sen, arrested for being the alleged kingpin of the multi-billion rupee chit fund scam, was grilled by Assam Police in the cases of fraud and forgery lodged against him in the state, police sources here said Sunday.

Gehlot in Israel to bring back farm technology

by sulekha news on Apr 28 2013 10:15PM IST

Jaipur, April 28 (IANS) A delegation from Rajasthan led by Chief Minister Ashok Gehlot now visiting Israel held talks with officials on cooperation in agriculture, horticulture and water resources, a statement issued here said Sunday.