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May 18, 2013
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Panasonic to launch its first smartphone in India today
Panasonic has reportedly collaborated with Delhi-based Jaina Group for marketing.
Odisha close to finish land acquisition for Posco
"We require only 70 acre of land to reach the target of 2,700 acre of land for the purpose of Posco's mega steel plant in Dhinkia area," said Surjit Das, additional district magistrate (ADM) posted at Paradip.
Rupee closes 3 paise higher at 54.78 on rally in equities
A strong dollar weighed on rupee but the local currency managed to erase early losses and settle 3 paise higher at 54.78, amid signs of massive capital inflows.
Tata Motors Group April global sales down 7.02%
However, the company's passenger vehicles sales last month were lower by 16.40 percent at 41,272 units from 49,369 units sold in the corresponding month of last year.
United Breweries shares surge over 3% on bourses
Shares of Vijay Mallya-owned United Breweries Wednesday surged over 3 percent, after the company said Heineken UK Ltd has acquired 3.21 percent stake in it.
GVK Power & Infrastructure loss widens to Rs 171 crore in Q4
The flagship firm of Hyderabad-based GVK group had reported a consolidated net loss of Rs 20.88 crore during the corresponding quarter of 2011-12.
SC to hear plea against govt action for online comments
The Supreme Court on Wednesday agreed to hear a plea seeking to restrain government authorities from taking any coercive action against anyone for posting alleged objectionable comments on social networking sites.
Microsoft Windows 8.1 unveiled; preview version on June 26
Windows 8.1 is the next update to Microsoft’s personal computer operating system.
Land clearing on in Posco site amidst protests
Paradip additional district magistrate Surjeet Das said a total of 15 betel vines were dismantled and 385 horticultural plants cut down during the day. "We also cleared a large chunk of kewda plantations by using excavators."
CCI approves stake sale in Future Generali by Future Group
The transaction involves Future Retail Ltd, earlier known as Pantaloon Retail (India), selling its 22.5 percent in life insurer, Future Generali, to non-banking finance company, Industrial Investment Trust Ltd (IITL).
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