Company News

HDIL will enter media industry through deal with Adhikari brothers

The boom in media industry is attracting various non-media groups to invest in it.

Jet Airways Suffers Losses

All Indian airlines are suffering from loss. The sudden rise in the fuel prices is the major factor responsible for their loss. Jet airways announced its maximum loss in last three years.

Cairn starts pipeline construction

Cairn India began the construction of the country's first heated oil pipeline to take the "waxy" crude from its fields in Barmer (Rajasthan) across a distance of 600 km to Salaya (Gujarat).

GIC buys stake in India's Reid & Taylor

Apparel maker S Kumar’s Nationwide (SKNL) announced that the PE investment arm of the Government of Singapore Investment Corp (GIC), will invest Rs9 billion ($209 million) to take a 25.4% equity st

SMG’s shareholders approve ‘Virgin Radio Sale’

Scottish media group's shareholders have finally approved the sale of London’s Virgin Radio at its extraordinary general meeting.

ITT Corporation secures order worth $ 10,00,000 from Indian Railways

New York headquartered ITT Corporation has announced that its Energy Absorption business has received a US$10,00,000 order for KONI(TM) branded dampers and shock absorbers from Indian Railways.

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