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Tata Motors global sales jumps 36%

Tata Motors on Monday said that its global sales increased by 36 per cent in July to 90,646 units on robust demand for both commercial and passenger vehicles. Sales of luxury brands from Jaguar Land R

Sharma rules out ban on ore export

THE COMMERCE and industry ministry has said on Monday that it is not in favour of restricting iron ore exports even as the ministry of steel and Karnataka government want curbs on the mineral shipment

Enfield to double its capacity

THE CHENNAI-based Royal Enfield, the makers of the iconic Bullet, on Sunday announced that it will double its capacity to 1 lakh units per annum by the turn of 2012 to meet its rapidly growing demand.

Cairn JV plans $2.6b capital spend

Cairn India and Oil and Natural Gas Corpo- ration are to spend $2.67 billion in capital expenditure in the Rajasthan block and $1.52 billion in operating expenditure, besides $941 million towards the

NMDC short-lists suppliers

GLOBAL FIRMS like Paul Wurth, Danieli and Posco E&C, among others, have been short-listed to submit bids for the supply of equipment to set up state-owned NMDC’s proposed Rs 14,000 crore steel plant i

IDBI pays Rs 114.5 cr dividend

IDBI BANK paid a dividend of Rs 3 per share for the financial year ended March 2010 on the share capital of the bank held by the government, the bank said in a statement. The dividend cheque was hande

NMDC acquires land in 10 months

NMDC ON Wednesday said it has acquired land for its Rs 14,000 crore upcoming steel plant in the tribal-dominated region of Chhattisgarh in “record” 10 months. The country’s largest iron ore producer h

NTPC signs coal deal with Singareni

NTPC on Wednesday tied up with Singareni Collieries Company Ltd (SCCL) for supplying coal to its Ramagundam Super Thermal Power Station for 20 years. The long term Fuel Supply Agreement (FSA) provides

Infotech acquires US co for $12m

Infotech Enter-prises on Tuesday said it has acquired US-based Wellsco Inc. Wellsco is a telecom engineering services provider with annual revenues of $12 million. While Infotech did not disclose the

Amara Raja Group plans FMCG foray

Amara Raja Group plans to make a foray into the health drink and frozen foods category as part of its vision of becoming a pan-India FMCG player. The group, better known for automotive battery brand A

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.