Business

Emami Biotech to Invest Rs 550 Crore to up Capacity

Emami Biotech Ltd, a part of the Rs 3,700 crore Emami Group of Companies, is planning to triple its edible oil refining capacity with an investment of around Rs 550 crore.

Real Estate Sector Stares at Long-Term Impact

The Indian real estate industry does not see the downgrade of the US credit ratings as an immediate cause of worry.

ATS Infrastructure Buys 14-Acre Plot In Gurgaon for Rs 150 Crore

ATS Infrastructure has bought a 14-acre plot in Gurgaon for Rs 150 crore and will build an upper mid-market residential project, in what would be the builders's first real estate project in the city.

Time To Send Your Dollars To India?

An Indian money changer counts US dollars at a foreign exchange counter in Bangalore on August 8, 2011. India's central bank on August 8 said risks to the growth of Asia's third-largest economy were 'limited' after the US credit d

Indian Railways Carry 313.32 Million Tonnes of Freight During April-July 2011

Indian Railways have carried 313.32 million tonnes of revenue earning freight traffic during April-July 2011. Indian Railways have carried 313.32 million tonnes of revenue earning freight traffic during April-July 2011.

Sensex Ends 132 Pts Down, Fomc Meet Holds Key Tomorrow

BSE benchmark Sensex made final attempt to register a respectable close on Tuesday. Mounting fears over the health of global economy have prompted investors to hit the sell button.

RBI Chief Subbarao Gets 2-Year Extension

RBI head Duvvuri Subbarao has been given a two-year extension, Harish Khare, Media Adviser to Prime Minister Manmohan Singh told Reuters on Tuesday.

India's Economy Moving in Positive Direction: Pranab

With all eyes on the global situation, Finance Minister Pranab Mukherjee today said India's macro-economy was moving in a positive direction and hoped international commodity prices would decline, helping the government tame inflation and cut su

S&P Warns India of Potential Long-Term Consequences

It's Status Quo for Economy as Govt Rules out Stimulus

As the developed nations stare at a re-emerging economic slowdown and debt crisis, India has decided to wait and watch.