Britannia plans to set up three factories in next three years

Mon, 08/08/2016 - 20:44

Kolkata, Aug 8 (IANS) FMCG major Britannia Industries Ltd. is planning to set up three factories, one each in the northeast, Gujarat and Andhra Pradesh, in the next three years, a top company official said on Monday.


HDFC Life, Max Life agree on swap ratio, non-compete fee

Mon, 08/08/2016 - 20:32

Chennai, Aug 8 (IANS) Two private life insurers - HDFC Standard Life Insurance Company and Max Life Insurance Company Ltd - on Monday said they have agreed to sign definitive agreements for amalgamation of two companies.


SRF to invest Rs 345 cr on Gujarat plants

Mon, 08/08/2016 - 19:50

Chennai, Aug 8 (IANS) Chemical-based multi-business entity SRF Ltd on Monday said it has decided to invest production facilities in Gujarat at a total outlay of Rs 345 crore.


Intel to pay Rs 16.5 cr property tax in Bengaluru

Mon, 08/08/2016 - 19:44

Bengaluru, Aug 8 (IANS) Global chip maker Intel would pay Rs 16.5 crore by August 28, as directed by the Karnataka High Court, to the city's civic corporation towards property tax arrears, an official said on Monday.


India's next telecom spectrum auction from September 29

Mon, 08/08/2016 - 19:38

New Delhi, Aug 8 (IANS) India's next round of spectrum auction is set to begin on September 29, Telecom Secretary J.S. Deepak announced here on Monday in what the government hopes will be the largest-ever spectrum auction - going by the overall base price of $84 billion and the quantum of airwaves on offer.


IRCTC signs MoU with Manipur government

Mon, 08/08/2016 - 19:36

New Delhi, Aug 8 (IANS) Indian Railway Catering and Tourism Corporation (IRCTC) has signed an MoU with the Manipur government to provide improved hospitality and tourism services to their customers by making "joint use of their capabilities and facilities".


Idea Cellular's net profit drops 36 % in Q1

Mon, 08/08/2016 - 19:28

New Delhi, Aug 8 (IANS) Idea Cellular standalone net profit for the first quarter of 2016-17 dropped 36.1 per cent, a company statement said here on Monday.


Positive global cues lift equity markets (Roundup)

Mon, 08/08/2016 - 19:08

Mumbai, Aug 8 (IANS) Positive global cues, along with hopes of parliamentary approval for a major economic legislation and higher crude oil prices, buoyed the Indian equity markets on Monday.


Kochi Startup Village, Facebook join hands

Mon, 08/08/2016 - 18:56

Kochi, Aug 8 (IANS) Startup Village, which had launched the world's first digital incubator for students SV.CO last month has joined hands with social media giant Facebook, which will provide access to its developer teams for students who gets enrolled in the entrepreneurship programme.


Netgear unveils two new data storage devices

Mon, 08/08/2016 - 18:26

New Delhi, Aug 8 (IANS) Global networking leader Netgear on Monday launched its ReadyNAS 210 Series of Network Attached Storage (NAS) devices for home and office networks with new two- and four-bay models in India.


South Australia keen for n-energy business with India

Mon, 08/08/2016 - 18:06

New Delhi, Aug 8 (IANS) With the civil nuclear agreement between India and Australia coming into force at the end of last year, the state of South Australia is keen to do business with India in the nuclear energy sector, the state's Minister for Trade and Investment, Defence Services and Veterans' Affairs Martin Hamilton-Smith said on Monday.