India Business News
Pharma major Piramal Healthcare Ltd announced Wednesday that it has bought marketing rights of Germany-based PlasmaSelect AG's blood plasma products in 38 countries for 7.7 million euros ($12.2 million).
The state-run New India Assurance Co Ltd will provide $6.5 billion insurance cover to Air India's 140 aircraft from Tuesday, an airline official said Monday.
Composer Aadesh Shrivastava has tied up with Motorola to promote his first international track 'Bollywood Meets Hollywood' that he recorded with American rapper Wyclef Jean and Abhishek Bachchan.
Pounding music, toned bodies straining on steppers or pumping iron, groups of people honing their aerobic skills - all this and more is visible at hundreds of small and big gyms that have mushroomed across the national capital in the past few years.
Indian realty major DLF Ltd is considering buying back its equity shares.
The state-run oil marketing firms apologised Wednesday to the people in Chennai for fuel shortage as most petrol and diesel outlets here remained closed for the third day.
City-based two-wheeler manufacturer TVS Motor Co Tuesday announced that it has sold 109,082 vehicles in June 2008 compared to 107,177 units in the year-ago period, a two percent growth.
India's Look East policy will be in focus Wednesday when Prime Minister Manmohan Singh unveils a vision document for development of the northeast region that includes enhancing transport and economic links with Southeast Asia.
Young city-bred agriculturist Kultar Singh of Hoshiarpur was under severe stress due to non-availability of labour to harvest his golden wheat crop.
Indian equity markets extended their gain early Wednesday afternoon.
Most fuel outlets in Chennai remained closed for the third day, Wednesday, with long queues of vehicles lined up everywhere at the city's filling stations that were open. The government continues to monitor the shortage.
ESPN STAR Sports (ESS) has inked a new contract with FIFA, the world's governing body for football, gaining exclusive television rights to broadcast a line-up of international football tournaments, including the 2010 football World Cup, in the Indian sub-continent.
Security personnel in a Himachal Pradesh factory producing blades Monday opened fire at protesting employees killing one of them, the police said.
Tamil Nadu Chief Minister M. Karunanidhi laid the foundation stone for a petroleum refinery project of Nagarjuna Oil Corporation Limited (NOCL) here Wednesday.
Private academies that train students for entrance exams of the Indian Institutes of Technology and other prestigious engineering colleges mint Rs.100 billion ($2.30 billion) a year - an amount that can fund 30 to 40 new IITs, shows a study by an industry body.

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