Sundaram MF mulls gold fund
Sundaram Mutual fund is toying the idea of unveiling a gold fund soon. The company, as of now, has zero presence in the sector. “We are considering the gold fund and a few other opportunities. Though
L&T Infra to raise `700cr via bonds
L&T Infrastructure Finance, an infrastructure financing firm, said on Tuesday that it plans to raise up to `700 crore from retail investors through a long-term tax-saving infrastructure bond issue. Th
CIL IPO subscribed 1.71 times
Demand worth over `26,000 crore was generated for the shares on offer, on the second day of the Coal India’s IPO. The coal behemoth’s mega initial public offer, the country’s largest so far, got deman
City firm offers H1N1 vaccine
Bharat Biotech Ltd (BBL) on Monday claimed to have launched the country’s first indigenously developed cell culture H1N1 swine flu vaccine under the brand name HNVAC. In a statement, the Hyderabad-bas
HDFC net profit jumps 22% in Q2
HDFC on Monday said it has registered a 21.63 per cent jump in its net profit at `807.54 crore in the second quarter ended September 30, on the back of growth in loans and better interest margins. H
Videocon d2h launches festive offer
As part of its festive offer, Videocon d2h, the DTH arm of the Videocon Group, on Friday offered set top box for `888. Apart from this, its consumers in the south could also get one month service - Ne
Tata, unions
Tata-owned Jaguar Land Rover on Friday announced that it had reached “a landmark pay and conditions settlement” with the trade unions representing its workforce.
JLR, which employs 16,000 people, has
OBC seeks government fillip
State-owned Oriental Bank of Commerce (OBC) on Wednesday said it has requested the government to provide `1,000 crore as capital support to enhance its business. “We have requested for `1,000 crore ca
Tata Motors mulls new truck variants
India’s largest commercial vehicles maker Tata Motors plans to increase the number of trucks under its Prima range of World Trucks, with the introduction of around 100 variants in the next two years,
Satyam bags contract from Kentucky
IT firm Mahindra Satyam on Wed said it has bagged a contract from the Commonwealth of Kentucky, the US, for design and delivery of a document management system. The company’s document management syste