The Indian equities market continued to trade flat early Friday afternoon trade due to selling pressure across key sectors spurred by the international oil prices notching a new high - almost $125 per barrel.

The National Aviation Company India Ltd (NACIL), formed after the merger of Air India and Indian, is forming strategies to enhance the airline's operations and turn it into a profitable venture.

Ansal Housing and Construction have bagged contracts worth Rs.485 million from the Lucknow Development Authority (LDA) for a housing project.

India's annual rate of inflation rose to a new high of 7.61 percent for the week ended April 26 from 7.57 percent for the week before amid assurances from Finance Minister P. Chidambaram that more steps will be taken to rein in prices.

India's leading cement manufacturing firm Associated Cement Companies (ACC) has decided to freeze prices for the next two to three months.

The Central Bureau of Investigation (CBI) has unearthed a Rs.240 million loan scam in the Sector 17 branch of the Punjab National Bank (PNB) here.

He may not have visited his adopted home state Punjab yet but the square jawed wrestler Dalip Singh Rana, or The Great Khali as he is known all over the globe, is already selling on the streets.

The Indian equities markets opened in the negative zone Friday, tracking weak markets elsewhere in Asia.

The Indian equities markets, which opened in negative zone Friday, were flat in early trade. Power, realty, IT and banking sectors were under selling pressure.

Bharat Coking Coal Ltd (BCCL), which operates mines in Jharkhand and West Bengal, will invest Rs.12 billion in equipment by 2011-12 as part of its revival strategy, says a top company official.

A Jaipur-based mechanical engineer and an architect from Ahmedabad have jointly developed a fuel free passive cooling system for buildings.

As Myanmar copes with the devastation wrought by Cyclone Nargis, meteorologists from South and Southeast Asia are ready with the name of the next cyclone to hit the region - one called Abe.

India has made progress in the field of loans backed by non-residential property, but some challenges still exist, according to a report released by global rating agency Moody's Thursday.

Merck Sharp and amp; Dohme (MSD), the wholly owned subsidiary of US-based Merck and amp; Co Inc Whitehouse Station, launched type-2 diabetes tablets, JANUVIA, in India.

Commercial vehicle manufacturer Ashok Leyland Thursday announced that the company posted a net profit of Rs.4.69 billion ($117.3 million) for 2007-08 as compared to Rs.4.41 billion the previous fiscal.