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Business News from Daily India |
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Federal-Mogul to build new manufacturing facility in India
Federal-Mogul Corporation (NASDAQ:FDML) today announced it is planning to build a new facility in Chennai, India, for the manufacture of friction components for Original Equipment and Aftermarket segments.
World's most popular list - Maxim Hot 100 comes to India
Maxim HOT 100 is one of the most globally sort after and celebrated franchise property of the world's largest Men's magazine 'Maxim'.
Shivsu to install World's largest containerized desalination plant in Saudi Arabia
Chennai based multinational company, Shivsu Canadian Clear Waters India Private Limited, a leading global water technology solutions provider, has bagged a prestigious order of around Rs. 250 crore to install the world's largest containerized desalination plant in the Kingdom of Saudi Arabia (KSA).
Inflation touches 12.1 per cent
For the first time in 13 years inflation crossed 12 per cent, at 12.1 per cent, for the week ended July 26, on the back of costlier food items.
IT boom boosts real estate and hospitality sectors in Pune
Ever since software developers and hardware experts made their presence felt in Pune in 2002, there has been no looking back for the Information Technology (IT) sector in this industrial city of Maharashtra.
Microsoft announces business availability of SQL server 2008
Microsoft Corporation India Private Limited today announced the Release to Manufacture (RTM) of SQL Server 2008 - the latest version of its acclaimed database management offering.
CBaySystems completes acquisition of majority stake in MedQuist
CBaySystems Holdings Ltd. today announced that it has successfully completed the acquisition of 69.5 per cent of ownership interest in MedQuist from Koninklijke Philips Electronics N.V. ("Philips") for a total consideration of USD 287 million.
'Bigg Boss Season 2' gets bigger on COLORS
After sweeping the audiences with the breath-taking action reality show -'Fear Factor Khatron Ke Khiladi' with Akshay Kumar, COLORS reveals its other ace- 'Bigg Boss Season 2', the Indian version of the internationally acclaimed show- Big Brother, that will premiere on the channel on August 17th.
Kingfisher nurtures creativity through 'Make Your Own Ad' contest
Creativity thrives when appreciated! With this philosophy in mind, Kingfisher is all ready to provide a unique platform to everyone who has a brilliant idea that can be shared with the rest of the world.
HCC bags Devadula lift irrigation - Phase III order
Hindustan Construction Company (HCC), a leading infrastructure construction and development company, in joint venture with Megha Engineering and Infrastructures Ltd (MEIL) and CKD Blansko Engineering, Czech Republic (CBE), has bagged a prestigious contract of J. Chokka Rao Devadula Lift Irrigation Scheme, Phase III, Package 1 from the Irrigation and Command Area Development (ICAD) department of the Government of Andhra Pradesh.
Frontline strategy's IIG fund invests USD 7 million in Krishna Saa Fabs
Mauritius-based Frontline Strategy Ltd, a Fabiani Family Office-anchored asset management company with prime focus on private equity investments, today announced an investment of USD seven million in Krishna Saa Fabs Private Limited.
Outsource Partners International establishes "Share and Care Foundation"
Outsource Partners International, Inc. (OPI) announced the formation of the "OPI Share and Care Foundation," a newly registered charitable trust set up in India to provide financial assistance and resources to those in need throughout the country.
Geometric to provide application management services to Ford Motor Company
Geometric Limited, a leader in Product Lifecycle Management (PLM) solutions and technologies, today announced the signing of a contract with Ford Motor Company, to provide production support and software maintenance work.
NASA awards medical support contract
The U.S. space agency says it has selected Innovative Health Applications LLC to provide medical and environmental services at the Kennedy Space Center.
Spain's economy deteriorates, analysts say
Analysts have issued dire warnings about the state of banks in Spain, as many economic sectors have deteriorated, sources said.
Severstal purchases third U.S. steelmaker
Russian steel giant Severstal has completed a $775 million tender offer, buying 94 percent of U.S. steelmaker Esmark's outstanding shares, the company said.
U.S. markets make gains Tuesday morning
U.S. stock indexes rose Tuesday as oil prices continued a two-day fall of more than $6 per barrel on lighter demand and few surprises on the supply side.
Britain considers moratorium on stamp duty
British Prime Minister Gordon Brown is considering a moratorium on Britain's stamp duty tax to breath new life into a slumping housing market, sources said.
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