India Business News

Fri, 22 Aug 2008
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Ratan Tata worried about Singur project: Nirupam Sen

Tata Motors chairman Ratan Tata is worried about his company's small car project in Singur, West Bengal Industries Minister Nirupam Sen said here Thursday night.

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College student gets first iPhone at Gurgaon mall

Swati, a college student, beat thronging crowds to become the first customer to get an Apple iPhone from a mall in this satellite town Thursday midnight.

Thu, 21 Aug 2008
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Diesel shortage affects Chennai

The city was hit by diesel shortage Thursday after local fuel stations as well as those in neighbouring Kanchipuram and Tiruvallur districts shut shop due to lack of supplies.

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Wrestler Sushil Kumar can now fly free on SpiceJet

Gurgaon-based low-cost carrier SpiceJet Ltd announced Thursday that freestyle wrestling champion Sushil Kumar, who won a bronze at the Beijing Olympics, can travel free on the airlines all his life.

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Bhel bags Rs.650 mn contract from Essar Steel

The state-owned Bharat Heavy Electricals Ltd (Bhel)has won a Rs.650-million contract for supply of 650 high tension (HT) motors for Essar Steel and Essar Oil's Hazira refinery, against stiff global competition from multinational giants, a senior company official said Thursday.

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Proposed SEZs in Kerala hit roadblock

The Kerala Industries Department's efforts to attract as much as Rs.250 billion ($5.8 billion) fresh investment in different sectors appear to have hit a roadblock Thursday as Chief Minister V.S. Achuthanandan postponed decision on the proposed 21 special economic zone (SEZ) proposals.

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West Bengal's industrialisation depends on Singur: Yechury

West Bengal's industrialisation depends on the successful rolling out of Tata Motors' Nano cars from the Singur factory, Communist Party of India-Marxist (CPI-M) politburo member Sitaram Yechury said here Thursday.

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Japan, Asian Development Bank pledge $1 mn aid to Bihar

Japan Special Fund (JSF) and the Asian Development Bank (ADB) Thursday said they will provide a financial assistance of $1 million (Rs.40 million) to Bihar for improving the living conditions of the people.

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Delhi airport gets third, and India's longest, runway

A third runway at the Indira Gandhi International Airport was inaugurated here Thursday, with fire tenders extending a traditional water cannon salute to an Air India Boeing-777 aircraft - the first to land on the 4,430-metre strip, also the longest in India.

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Bhaskar Silicon to set up Rs.55 bn solar power project in West Bengal

Solar products and integrated solar engineering solutions provider Bhaskar Silicon Ltd Thursday launched the largest integrated solar power complex in the world for an investment of Rs.55 billion in Haldia, West Bengal.

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West Bengal has no plans to meet Tata

The West Bengal government is unlikely to hold any meeting with Tata Motors chairman Ratan Tata Friday, Industries Minister Nirupam Sen said here Thursday.

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Airtel, Vodafone to launch Apple iPhone Aug 21-22 midnight

Telecom major Bharti Airtel Thursday said the Apple iPhone will be launched midnight of Aug 21-22 across six cities in the country.

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Lupin acquires minority stake in Australian drug firm

Indian drug major Lupin Ltd has acquired a minority stake in Generic Health Pty Ltd, an Australian pharmaceutical company, it announced Thursday.

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Congress protesters clash with police in Singur

Thousands of Congress workers opposing land acquisition clashed with police near the Tata Motors factory at Singur in West Bengal Thursday.

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Shutdowns push up liquor, meat sales in Kerala

Meat stalls and liquor outlets in Kerala recorded brisk sales a day ahead of the general strike the Left trade unions called in the state Wednesday.