Tags: India
SBI expects INR4 billion in capital infusion
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
Air India Express looks into domestic expansion
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
RBI to scrutinize pending foreign deals
The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.
Infosys inducts three new members in the company’s key decision-making group
Infosys, the largest software services exporter in India appointed three new members on its executive council.
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Car manufacturers increased production as rise in sales of petrol driven cars in India continue. In India, demand for petrol cars increased after a 25-month hiatus.
Cheraman Financial Services announced today a proposed plan of funding different infrastructure projects in Kerala.
Prime Minister Manmohan Singh of India said the country will not replaying the crisis that occurred in 1991 even as it experiences its slowest growth in a decade.
India's INS Sindhurakshak exploded in Mumbai, killing up to 18 sailors trapped inside. India's Russian-made naval submarine exploded while moored in Mumbai.
Google would launch 'Google Impact Challenge in India' and award an Rs 3 crore worth about US$500,000 and technical assistance that would bring the winning projects into life.
India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.
The personal genomic and biotechnology corporation in the US would target people's DNA by selling their genetic information for US$99.
According to analysts, Apple should focus on the growing smartphone markets like China and India. Canalys, a research firm, said China and India were important countries that Apple needs to focus in terms of growth in the smartphone market.
According to a report by Ernst & Young, 391 merger and acquisition deals with a combined value of US$15.2 billion were recorded in the first half of 2013.
The Indian government decided to postpone its 5% divestment proposal in BHEL for the time being. Plans of the Indian government to divest in BHEL were shelved today citing the company's low share price.