State-owned aluminium maker Nalco may show interest in developing mines in Afghanistan, which is expected to invite global bids soon for exploration of mineral deposits
estimated to be worth $1 tril

ONGC has told oil regulator DGH that its KG basin block may hold about 3 trillion cubic feet of gas reserves from which it plans to produce 25-30 million unit a day by 2016.
ONGC last week submitted

State-owned Punjab & Sind Bank on Friday said it plans to raise about Rs 600 crore through an initial public offer, which is likely to hit market next month or early September. “We are awaiting approv

The Supreme Court on Friday dismissed a petition by Madras-based entertainment company Pyramid Saimira, challenging a seven-year trading ban imposed on it by market regulator Sebi. The bench, headed b

State-owned Sail on Thursday said it is likely to ink an agreement with South Korean steel major Posco by October this year to jointly set up plants in the country at an investment of Rs 15,000 crore.

Infosys Techno-logies has closed down its BPO centre in Bangkok due to its inability to scale up operations. “It had around 50 employees and most of the work from the centre had been transferred to ot

Nearly 13 years after it last issued bonus shares, India’s second largest two-wheeler maker Bajaj Auto today said that it is planning a similar move, for which its board will meet on July 22.
Followin

State-run carrier Air India, which incurred a loss of Rs 5,400 crore in FY10, expects to pare losses by around 75 per cent in fiscal 2010-11, chairman, Mr Arvind Jadhav, said on Wednesday. The airline

Infotech Enterprises, an engineering design and geospatial information services provider, on Wednesday said that its consolidated net profit for the quarter ended June 30, stood at Rs 32.9 crore, down

Auto major Mahindra & Mahindra will convene a special meeting of its board on July 15 to decide its future course of action regarding the acquisition of its beleaguered South Korean firm SsangYong Mot