India Business News

Sara Soule plans to expand Ruosh outlets

by sulekha news on May 22 2013 3:53PM IST

Chennai, May 22 (IANS) Bangalore-based shoe exporter Sara Soule Pvt Ltd plans to expand its Ruosh men's footwear retail chain by March next year and sign up with a couple of multi-brand outlets and online retailers, a senior company official said here Wednesday.

Cadbury ordered to pay Rs.30,000 compensation

by sulekha news on May 22 2013 1:53PM IST

Agartala, May 22 (IANS) A consumer court in Tripura has ordered Cadbury India Ltd to pay a compensation of Rs.30,000 to a complainant who found an iron pin inside a chocolate bar made by the company, an official said here Wednesday.

Sensex gains in pre-afternoon trade

by sulekha news on May 22 2013 1:19PM IST

New Delhi, May 22 (IANS) A benchmark index of the Indian equities markets was trading 0.29 percent up in the pre-afternoon trade Wednesday.

Voltage fluctuations slow down Metro blue line

by sulekha news on May 22 2013 11:15AM IST

New Delhi, May 22 (IANS) Thousands of Delhi Metro commuters were hit Wednesday morning with voltage fluctuations forcing trains on the blue line to run at a restricted speed.

'Sector-specific action needed to cut carbon emissions'

by sulekha news on May 22 2013 10:35AM IST

New Delhi, May 22 (IANS) India needs to take sector-specific action and develop a mechanism to track the achievements in each area to achieve the goal of reducing carbon emissions, says a study conducted by WWF-India. The Indian government aims to reduce carbon emissions by 20-25 percent from the 2005 levels by 2020.

Mamata plans to ban online lottery

by sulekha news on May 21 2013 11:15PM IST

Kolkata, May 21 (IANS) West Bengal Chief Minister Mamata Banerjee announced Tuesday that the government would ban online lottery "Online lotto".

AERB signs MoU with Anna University to promote research

by sulekha news on May 21 2013 10:55PM IST

Chennai, May 21 (IANS) India's atomic regulator and city based Anna University Tuesday signed a memorandum of understanding to promote research in academic institutions in the areas of atomic energy regulation and safety.

Goa's land record software wins international award

by sulekha news on May 21 2013 10:45PM IST

Panaji, May 21 (IANS) A land record portal developed by the Goa government has won an international award for making e-governance concepts people-friendly and accessible, Chief Minister Manohar Parrikar said Tuesday.

Slow work at Petrapole check post: Official

by sulekha news on May 21 2013 10:25PM IST

Kolkata, May 21 (IANS) Works for the Rs.200-crore proposed integrated check post at Petrapole on the India-Bangladesh border are slow moving due to problems regarding land acquisition and obtaining clearances from different agencies, an official said Tuesday.

Srei Infra to raise Rs.1,500 crore by debentures

by sulekha news on May 21 2013 10:15PM IST

Kolkata, May 21 (IANS) Kolkata-based non-banking finance company Srei Infrastructure Finance Tuesday said its board has okayed to raise funds up to Rs.1,500 crore by public issue of debentures in one or more tranches this fiscal.

Chavan invites investments from China

by sulekha news on May 21 2013 9:55PM IST

Mumbai, May 21 (IANS) Maharashtra is willing to set up a special investment zone for Chinese companies in the state, Chief Minister Prithviraj Chavan told the visiting Chinese Premier Li Keqiang here Tuesday.

Hyderabad jewellery fair to begin June 7

by sulekha news on May 21 2013 8:35PM IST

Hyderabad, May 21 (IANS) Over 125 jewellers from India and abroad will showcase their exclusive diamond and gold jewellery at the sixth edition of the Hyderabad Jewellery Pearl and Gem Fair (HJF) here June 7 to June 9.

India, Israel set up fruits centre in Haryana

by sulekha news on May 21 2013 6:35PM IST

Chandigarh, May 21 (IANS) Israeli cultivation technology and know-how of fruit plants will be shared with Indian farmers and horticulturists at the centre of excellence for fruits which was inaugurated Tuesday in Haryana's Sirsa district.

Sensex closes more than half percent down

by sulekha news on May 21 2013 6:35PM IST

Mumbai, May 21 (IANS) A benchmark index of Indian equities markets closed Tuesday's trade more than half a percent down owing to continued profit-booking.

Qatar National Bank to start operation in India

by sulekha news on May 21 2013 6:34PM IST

New Delhi, May 21 (IANS) Qatar National Bank (QNB), one of the Gulf region's largest lender, Tuesday said it will set up a fully-owned subsidiary in India and start operations in the third quarter of 2013.