DLF has kept the new sales bookings target for this financial year at last year's level of about Rs.40bn as the company feels that it would take at least 12 months for housing sales to improve.
DLF has kept the new sales bookings target for this financial year at last year's level of about Rs.40bn as the company feels that it would take at least 12 months for housing sales to improve.
Ahead of the upcoming launch of the new version of premium hatchback Jazz in India, Honda has started shipping the vehicle to South Africa from its plant in Rajasthan.
Reliance Industries plans to fully resume its petrol pump network by March next year as government ending diesel subsidies have given it a level-playing field to compete with state-owned retailers.
Amtek Auto, one of India's largest integrated component manufacturers, is set to acquire REGE Holding GmBH, a German auto component firm, for an undisclosed amount. This is Amtek's second acquisition in less than a month.
Even as finer details of the gold monetisation scheme are awaited, Kerala-based Muthoot Pappachen Group, which is primarily into gold loans, has set up a separate arm to recycle the precious metal as it seeks to take early mover advantage.
Kalyan Jewellers is planning to invest up to Rs.18bn by FY2016-17 to expand its footprint across the country, while it targets 30% sales growth at Rs.130bn this year.
United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.
Cipla has inked a pact with Uganda's Quality Chemicals to acquire majority stake in the Africa-based firm for a total consideration of over $30mn.
ArcelorMittal and Steel Authority of India Ltd have signed a memorandum of understanding to set up an automotive steel manufacturing facility through a joint venture in India.
ONGC and Oil India have been exempted from paying fuel subsidy if global oil prices average up to $60 a barrel, but will have to share a part of the burden if rates go higher.
The Coal India Board has approved a Rs.5150mn plan to procure high-capacity box wagons of 80.5 tonnes each.
Titan Company is eyeing tier-II cities for opening its showrooms and expanding its market share in watches, jewellery and eyewear products.
Suven Life Sciences Ltd secured two product patents, one each from Mexico and Singapore, corresponding to the New Chemical Entities for the treatment of disorders associated with neurodegenerative diseases.
Ahead of the upcoming launch of the new version of premium hatchback Jazz in India, Honda has started shipping the vehicle to South Africa from its plant in Rajasthan.
Reliance Industries plans to fully resume its petrol pump network by March next year as government ending diesel subsidies have given it a level-playing field to compete with state-owned retailers.
Amtek Auto, one of India's largest integrated component manufacturers, is set to acquire REGE Holding GmBH, a German auto component firm, for an undisclosed amount. This is Amtek's second acquisition in less than a month.
Even as finer details of the gold monetisation scheme are awaited, Kerala-based Muthoot Pappachen Group, which is primarily into gold loans, has set up a separate arm to recycle the precious metal as it seeks to take early mover advantage.
Kalyan Jewellers is planning to invest up to Rs.18bn by FY2016-17 to expand its footprint across the country, while it targets 30% sales growth at Rs.130bn this year.
United Bank of India has become the first of the 17 lenders to publicly admit that it no longer expects to recover its dues from the beleaguered Kingfisher Airlines.
Cipla has inked a pact with Uganda's Quality Chemicals to acquire majority stake in the Africa-based firm for a total consideration of over $30mn.
ArcelorMittal and Steel Authority of India Ltd have signed a memorandum of understanding to set up an automotive steel manufacturing facility through a joint venture in India.
ONGC and Oil India have been exempted from paying fuel subsidy if global oil prices average up to $60 a barrel, but will have to share a part of the burden if rates go higher.
The Coal India Board has approved a Rs.5150mn plan to procure high-capacity box wagons of 80.5 tonnes each.
Titan Company is eyeing tier-II cities for opening its showrooms and expanding its market share in watches, jewellery and eyewear products.
Suven Life Sciences Ltd secured two product patents, one each from Mexico and Singapore, corresponding to the New Chemical Entities for the treatment of disorders associated with neurodegenerative diseases.
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