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New Delhi: The Geological Survey of India (GSI) has discovered new iron ore reserves of over 22 million tonnes in Tamil Nadu and Karnataka.

The Mines Ministry sources stated that the public sector company has detected four iron ore blocks in Namakhal blocks in Tamil Nadu containing reserves of 14.03 MT of magnetite ore with Ferrous content ranging between 31 to 37 per cent,.

New Delhi: Titan Industries Ltd, watch and jewelry maker anticipates 50 percent growth in its net profit, for the recent fiscal (2007-08).

Bhaskar Bhat, the company’s managing director said that revenue is expected at 31.5 billion rupees as against 21.4 billion rupees in the last fiscal, while the company's EBITDA margin is expected at 11 percent.

Mumbai: Tata Motors has stated that it is really a challenging situation for the Indian automobile business as it is overwhelmed with soaring interest rates and consistently high input cost, with a rising rupee value adding to the woes.

A recent study has discovered that thimerosal, a mercury-containing chemical compound that is used in vaccines and immune globulin formulations, does not have an effect on neuropsychological functioning in kids aged between 7 to 10.