HP launches huge skills initiative in India |
- HP launches huge skills initiative in India
- Nissan calls off car project with Bajaj
- Goldman to sell Four Seasons hotel in Bangalore
- Maruti offers 70% hike to workers over 3 years
- Diageo to buy stake in Mallya's USL?
- Rupee ends at over four-month high
- India ranked 111th in economic freedom list: Survey
- Sensex closes high at 21 points
- Power distributors have losses of $46 billion: Moily
- United Spirits says Diageo in talks to buy stake in co
- Sensex fails to maintain initial gains, down 14 points
- Foxconn reopens China factory after riot
- Sensex up by 116 points as power stocks rise
- Rupee falls 8 paise against dollar
| HP launches huge skills initiative in India Posted: 25 Sep 2012 05:28 PM PDT Hewlett-Packard plans to train 500,000 engineering graduates across the world and make them employment-ready over the next five years. Of these, 65,000 will be in India. 
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| Nissan calls off car project with Bajaj Posted: 25 Sep 2012 04:57 PM PDT Bajaj Auto's ambitious ultra low-cost (ULC) car project with Nissan and Renault is over. While Renault remains non-committal on the project, now the Japanese partner Nissan has decided to pull out of the venture. 
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| Goldman to sell Four Seasons hotel in Bangalore Posted: 25 Sep 2012 04:52 PM PDT Wall Street bellwether Goldman Sachs, the majority owner of India's second Four Seasons Hotel being developed in Bangalore , has initiated formal talks to sell the project with a price tag topping Rs 800 crore, said two people briefed on the matter. 
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| Maruti offers 70% hike to workers over 3 years Posted: 25 Sep 2012 04:49 PM PDT Nearly two months after workers went on the rampage at its Manesar plant, Maruti Suzuki has doled out a bumper increment package in a new wage settlement agreement, offering salary increment of nearly 70%, apart from other benefits like interest-free personal loans. 
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| Diageo to buy stake in Mallya's USL? Posted: 25 Sep 2012 04:45 PM PDT United Spirits chairman Vijay Mallya and drinks giant Diageo Plc may float a joint venture for emerging markets, mostly Africa, to sell Indian whiskies . 
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| Rupee ends at over four-month high Posted: 25 Sep 2012 06:01 AM PDT Extending its gains for the third straight session, the rupee gained 11 paise to hit a fresh over 18-week high of 53.36 against the dollar on fag-end selling of the American currency by exporters. 
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| India ranked 111th in economic freedom list: Survey Posted: 25 Sep 2012 05:29 AM PDT India ranks very low at 111th position in terms of economic freedom, behind countries like China, Nepal and Bangladesh, a global study has claimed in a worldwide index of 144 nations 
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| Sensex closes high at 21 points Posted: 25 Sep 2012 04:12 AM PDT Power sector stocks, led by Torrent Power, ended with gains. Torrent rose by 1.78 per cent to Rs 171.10, Adani Power was up 1.09 per cent and Reliance Power 0.94 per cent. 
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| Power distributors have losses of $46 billion: Moily Posted: 25 Sep 2012 01:01 AM PDT Indian power distributors had accumulated losses of $46 billion (Rs 2.46 trillion) up to the end of the fiscal year ending March 2012, power minister Veerappa Moily said on Tuesday. 
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| United Spirits says Diageo in talks to buy stake in co Posted: 25 Sep 2012 12:13 AM PDT United Spirits on Tuesday said UK-based Diageo Plc is in talks to buy stake in the Vijay Mallya owned firm. 
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| Sensex fails to maintain initial gains, down 14 points Posted: 24 Sep 2012 11:10 PM PDT The BSE Sensex failed to maintain initial gains and was trading 14 points down on Tuesday due to fresh selling pressure -- mainly in metals, realty, auto and banking sectors amid mixed trend in the Asian markets. 
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| Foxconn reopens China factory after riot Posted: 24 Sep 2012 10:27 PM PDT A Foxconn factory making the iPhone 5 in northern China reopened on Tuesday, a manager said, a day after it shut down following a huge workers' brawl that took 5,000 police several hours to quell. 
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| Sensex up by 116 points as power stocks rise Posted: 24 Sep 2012 09:49 PM PDT The BSE benchmark Sensex recovered by over 116 points in early trade today as power sector stocks surged on fresh buying by funds and retailers after the government cleared proposal to restructure debt worth nearly Rs 2 lakh crore for state electricity boards. 
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| Rupee falls 8 paise against dollar Posted: 24 Sep 2012 09:47 PM PDT The rupee declined by 8 paise to 53.55 against the dollar in early trade on the Interbank Foreign Exchange today following increased month-end demand for the American currency from importers. 
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