India Business News
Europe's leading automobile manufacturer Volkswagen Group notched a 69 percent growth in sales of its Audi, Skoda and Volkswagen brands in India this year.
Credit offtake by India Inc during the first quarter (April-June) of this fiscal has been excellent though consumer credit has slowed down, said Confederation of Indian Industry (CII) president K.V. Kamath here Monday.
The Chhattisgarh government will spend Rs.315.8 million ($7.3 million) to construct an anicut on Mahanadi river to ensure water supply to the upcoming mega satellite city, Naya Raipur.
National Aviation Co of India Ltd (NACIL), which runs the state-owned carrier Air India, may get a bailout package soon to meet the losses incurred due to rising aviation fuel prices and operational costs, a top government official said.
Reliance Industries Limited (RIL) chairman Mukesh Ambani Monday met Prime Minister Manmohan Singh Monday amid calls for the imposition of a windfall profit tax (WPT) on private petroleum firms.
Buoyed by the success of hydro power projects, the Himachal Pradesh government is now planning to tap wind power potential in a big way.
Indo Rama Retail Holdings Pvt Ltd, the Indian franchisee of the US-based Office1Superstores, is planning to set up stores inside special economic zones (SEZ) as part of its ambitous plans to set up a chain of stores across the country to cater to the growing demand for quality office stationery.
Most households in the Jaltara village in Madhya Pradesh's tribal dominated Mandla district have credit cards. The village council, in an unique initiative, has provided them cards that enable villagers to avail low-erest loans to support their livelihood activities.
Government decisions often remain only on files to be forgotten -- but a 9-year-old unimplemented order has drawn notice of the high court here following a PIL.
Singapore-based Ahlstrom Asia Holding has announced setting up of a fabric manufacturing plant in Mundra special economic zone (SEZ) in Kutch district of Gujarat with a proposed investment of Rs.2.8 billion.
IFGL Refractories has acquired Germany-based Hofmann Group of Companies, leading manufacturers of ceramic special filters used by foundries, July 4, said company director and chief executive Pradeep Bajoria here Monday.
Mumbai, July 14 (IANS )The Indian equities market ended the day with loss amidst choppy trade. Selling pressure was witnessed by technology, FMCG and select banking stocks.
Liquor shops in Jharkhand have been closed for the past two weeks as the government has issued strict guidelines for renewing licences of alcohol outlets. But that hasn't stopped liquor sales and blackmarketeers are having a field day.
Unannounced power-cuts have triggered state-wide ire, said opposition sources and farmer bodies' representatives in Tamil Nadu Monday.
The Indian equities market closed with a loss Monday.

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