Ground handling staff at Kingfisher Airlines (KFA) gets one month salary as per promise made by management. In a letter written by Vijay Mallya to staff it was promised that junior staff would be paid...
The Reserve Bank of India has asked the promoters of Kotak Mahindra Bank to cut their stake in the bank to 10 per cent from 45 per cent by 2016. While becoming a bank in...
Engineering major Larsen & Toubro [stockquote]LT[/stockquote] has completed a share sale agreement to buy UK-based Thalest Ltd. Thalest is the holding company of Servowatch Systems, Bond Instrumentation & Process Control and Servowatch (USA). Thalest is...
The government is under actively considering to increase retail price of urea by 10 per cent to reduce its subsidy burden in the current fiscal. The Fertiliser Ministry is looking at increasing retail price of...
Adani Realty Business, real estate arm of the Adani Group [stockquote]AdaniEnt[/stockquote] has acquired a plot at Andheri West for the purpose will invest Rs 1,200 crore to develop over 8.8 lakh sq.ft. of commercial and...
Zee Entertainment Enterprises Ltd’s [stockquote]ZEEL [/stockquote] board of directors has approved a fresh buy-back of equity shares not exceeding 10 per cent of its paid-up capital and free reserves as on March 31, 2011, through...
Under the ICT@Schools project, Edureach, a division of Educomp, [stockquote]EDUCOMP[/stockquote] has bagged an order worth Rs 209 crore from the Assam Government. Company has signed the agreement with Assam Electronics Development Corporation Ltd, Government of...
The Government today directed Coal India[stockquote]COALINDIA[/stockquote] to sign 20-year fuel supply agreements (FSAs) with power producers within a week. A ‘Presidential directive’ was issued to CIL asking it to sign FSAs for committed supplies. However,...
Rupa Publications is delighted to announce the launch of Horn OK Please: Hopping to Conclusions, the first title in author Kartik Iyengar’s five-book series. Horn Ok Please: Hopping to Conclusions, has enthralled readers with its...
Asia’s leading sports content provider ESPN STAR Sports today announced the launch of School Quiz 2012 with HDFC Life as the title sponsor. Based on the theme of Olympics, the school quiz will judge the...
IndiSoft Consultancy Services, the company that pioneered products in Financial and Healthcare IT, has announced the appointment of Ramesh Iyer as SBU Head –Banking. As SBU Head for Banking, Ramesh will be responsible for building...
The mining industry has sought a rollback in export duty on iron ore, currently at 30 per cent. Late December, the Government had hiked the export duty on iron ore fines and lumps to 30...