The West Bengal government Friday awarded a Rs.103 crore contract to Tata Consultancy Services (TCS) for designing and implementing ICT solutions for the rural employment guarantee scheme in the state. The state government’s panchayat and...
In a move that could beef up protection for its Internet services, internet major Google Inc has acquired startup VirusTotal, a cybersecurity player for an undisclosed amount. VirusTotal was set up in 2007 and uses...
Oil minister Jaipal Reddy made it clear that there is no immediate petrol price hike on card, it has been widely believed that once Sonia Gandhi returns from abroad a decision to raise Diesel, LPG...
Institutional Brokerage firm CLSA today has upgraded Reliance Industries Ltd (RIL) to outperform. It has raised price target from 790 to 850 per share. One of the key trigger for the upgrade are Approval from...
The Inter-Ministerial Group (IMG) on coal block allocation will submit its report to Coal Ministry on Monday. After submitting the report to the Coal Ministry on Monday, report will be forwarded to the Prime Minister’s...
ICRA has assigned ICRA A1+ rating to the enhanced short term debt – commercial paper programme of Rs. 900 Cr (enhanced from Rs. 300 Crore) of Mangalore Refinery and Petrochemicals Ltd (MRPL). The outlook on...
ONGC Videsh Ltd (OVL) buys 2.36% stake in Baku-Tbilisi-Ceyhan Pipeline along with oilfieds for a sum of $1bn. The 1,768-km Baku-Tbilisi-Ceyhan pipeline has the capacity to transport around 1.0 mln barrels of oil per day...
ONGC Videsh Ltd (OVL), the overseas arm of oil & gas major ONGC, have entered into an agreement to acquire Hess Corporation’s 2.72% participating interest in the Azeri, Chirag and the deep water portion of...
MTNL plans to de-list shares from Delhi, Calcutta and Madras stock exchanges as part of cost reduction measures.
Glenmark Pharmaceuticals will be in focus as the company’s collaborative partner, Salix Pharmaceuticals on Wednesday, 5 September 2012, announced that the US Food and Drug Administration has advised the company that the new drug application...
GAIL Ltd has signed a Memorandum of Understanding with Uttar Pradesh State Industrial Development Corp (UPIDC) for facilitating development of an industrial park for plastic processing units in Auraiya. UPIDC plans to set up a...
Charting out very ambitious plan to double output, triple revenue and EBITDA by 2030, company has prepared blueprint which targets two-fold rise in production, three-fold rise in revenue and EBITDA, four-fold rise in market cap...