'Challenges ahead for India's mortgage-backed security sector'
India has made progress in the field of loans backed by non-residential property, but some challenges still exist, according to a report released by global rating agency ...
Ansal Housing bags $12 Mn order
Ansal Housing and Construction have bagged contracts worth Rs.485 million ($12 million) from the Lucknow Development Authority (LDA) for a housing project.
Expert unhappy with futures trading ban
The government has banned futures trading in four commodities to tame inflation, but a member of an official expert panel has questioned the move, saying it would only hu...
Merck launches diabetes pills in India
Merck Sharp & Dohme (MSD), the wholly owned subsidiary of US-based Merck & Co Inc Whitehouse Station, launched type-2 diabetes tablets, JANUVIA, in India.
Rice prices tipped to go up this year
Despite the government's measures to control inflation, prices of food grain, particularly rice, will continue to remain on the higher side.
Germany looks to India to meet chronic shortage of engineers
Germany is recruiting more from overseas especially India to sustain growth and innovation as the country is suffering from a chronic shortage of skilled engineers, says ...
BSNL floats $10 Bn tender for 93 Mn GSM lines
State-owned BSNL has floated a gigantic $10 billion (Rs 40,000 crore) tender for 93 million lines, reportedly the world's biggest order for GSM lines.
Air India mulls plans for major rationalisations
The National Aviation Company India Ltd (NACIL), formed after the merger of Air India and Indian, is forming strategies to enhance the airline's operations and turn it in...
NTPC's Sipat unit begins power generation
The National Thermal Power Corporation's (NTPC) first 500 MW coal-fired unit of the controversy-marred 2,980 MW plant at Sipat in Chhattisgarh has started functioning fol...
IMF granted new powers to raise income through investments
Members of the International Monetary Fund have approved a broad expansion of investment practices as part of an overhaul of how the crisis lender acquires income.