ICICI Bank is awaiting the RBI’s approval for acquiring Bank of Rajasthan and would initiate the process of integration once the regulatory clearances are received, a top official of the bank said. “W

BHEL ON Monday said it has bagged a contract worth Rs 2,525 crore from Abhijeet Infra for setting up a 1,080 MW thermal power plant (4x270 MW) in Jharkhand. “Valued at Rs 2,525 crore, the contract env

Chennai, Aug. 8: Microfinance Institutions Network (MFIN), a self-regulatory organisation of microfinance companies, plans to make accreditation with two credit bureaus mandatory for all its members.

GMR INFRASTRUCTURE, the infrastructure-holding company of the GMR Group, on Monday reported a 26.23 per cent growth in consolidated net profit at Rs 28.44 crore for the quarter ended June 30, 2010. It

Mumbai, Aug. 8: Kolkata-based Pawan Ruia group has also thrown its hat in the ring for South Korean car-maker Ssangyong. The group took the call on Sunday. Earlier, Mumbai based Mahindra group had als

With an eye on the rural markets of the southern states, jewellery maker Jos Alukkas and Sons has announced a Rs 550crore expansion plan for the next two years and plans to open 12 new stores, mainly

New Delhi, Aug. 8: The Union health ministry has called for a meeting of major hospitals on Tuesday, to develop a standard procedure for treatment across hospitals. The ministry is trying to resolve t

GLEMARK PHARMACEUTICALS said it has entered into a settlement agreement with US firm Sepracor, which could pave way for the Indian firm to launch generic eszopiclone tablets, used in treating insomnia

In a big boost to ONGC, the government has approved up to 25 per higher price for natural gas the state-owned firm may produce from new fields.
The oil ministry on June 28 issued guidelines for the p

Mumbai-based hospitality company The Pride Hotels’s chairman Mr S P Jain on Monday said it will invest Rs 1,000 crore in the next five years to open ten new properties across India and expand existing