Business

Italy's Danieli to Set up Rs 500-Crore Plant

Italy-based Danieli, which supplies equipment and plants to the steel industry, would set up a manufacturing plant at Sri City special economic zone in Nellore district of Andhra Pradesh.

DLF in Talks With IDFC to Sell Its Noida IT Park Stake

Pirelli Plans to Source India-Made Tubeless Tyres For its Global Needs

Pirelli, the official tyre supplier for the Formula One world championship, plans to source Indian made tubeless tyres as it faces capacity shortages at its manufacturing plants, sources said.

Nadathur Group Plans to Launch Resort, Business Hotel Chain

Nestled in a quiet South Bangalore suburb, the office of N.S. Raghavan, among the earliest early stage investors in the country, is bubbling with activity. The 67-year-old, one of the seven founders of Infosys Ltd, is formalizing the investment struc

Canon India Aims For $1 Billion Revenue by 2015

The Indian unit of Japan's Canon Inc. plans to focus on printing services and launch medical equipment as it aims for $1 billion in revenue by 2015 in Asia's third-largest economy, its country head said.

India, Bangladesh to Work on Land Route Trade

India and Bangladesh have taken the first major step towards enhancing trade over the land route by relaxing the present practice of unloading trucks at the zero border point.

Rising Freight Rates Show Shipping Industry Recovery

In a noticeable rebound in the global shipping industry and its repercussion on India, the benchmark Baltic Dry Index, which measures prevailing freight rates has jumped 23 per cent so far this month.

Low Cost Airlines Take Price Wars to Overseas Routes

Indian full service airlines, buffeted by high fuel costs and intense competition, face new headwinds on their lucrative international routes as budget carriers launch services with rock-bottom fares.

Business Confidence Plunges to 2-Year Low in India

Business confidence in India has plunged to two-year low as companies grapple with problems, such as high interest rates, frustration with governance, land acquisition issues and eroding pricing power in an inflationary environment, according to an i

India, China to be Next Growth Regions For Crude Market

Even as crude oil prices are believed to be weighed down due to global factors such as US credit crisis, slowing consumption in Europe and unrest in Middle East, industry experts look up to Asian countries like India and China as next growth regions