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Foxconn plans factory in every Indian st...

Foxconn plans factory in every Indian state: Chairman Terry Gou

NEW DELHI: Foxconn, the world’s largest electronics assembly manufacturer, on Saturday said India would be the next IT hub for it while expressing a desire to open factories in all states in the spirit of the ‘Make in India’ initiative. ‘Make in India’ is one of Prime... read more »

Dual approval needed for Adani Carmichae...

Dual approval needed for Adani Carmichael mine: Lawyer

In an interview to CNBC-TV18, Sue Higginson, Principal Solicitor, EDO NSW, who represents the community group, says the mine anyway requires dual nods- from the commonwealth government’s and the state within which the mine is going to operate consent and that is Queensland. She further adds... read more »

‘Isro to Launch 9 Nano/ Micro Sate...

‘Isro to Launch 9 Nano/ Micro Satellites for US in 2015-2016’

‘Isro to Launch 9 Nano/ Micro Satellites for US in 2015-2016’Press Trust of India, 5 August 2015 Indian Space Research Organisation (Isro) will be launching nine nano/ micro satellites for United States during 2015-16 time-frame. This will be the first time that Isro will launch US... read more »

Nestle’s deemed safe by Goa in fir...

Nestle’s deemed safe by Goa in first ruling since recall

SA’s Maggi noodles comply with food safety standards, authorities in Goa said, in the first such ruling since the popular instant snack was pulled from stores after another state lab reported high lead content. Nestle was drawn into its worst crisis in India when food safety inspectors in... read more »

More from Business

Infosys to buy automation tech company Panaya

Country’s second-largest software services firm Infosys will acquire U.S.-based automation technology company Panaya for an enterprise value of $200 million or over Rs. 1,200 crore. The... read more »

Power Grid to raise Rs.1,500 crore

Power Grid Corporation of India will raise Rs.1,500 crore through bonds to meet the capital expenditure plans for this year, its Chairman and Managing Director R. N. Nayak said. “For this... read more »

MRF Q1 net up 80 %

MRF has reported 4.8 per cent growth in its total income from operations (net) to Rs.3,353.01 crore in the first quarter ended December 31, 2014, up from Rs.3,200.57 crore in the same... read more »

Flipkart targets sales worth $8 b in 2015

Leading online market place Flipkart is looking at sales worth $8-billion in the current year. The company has announced its ambitious plan at a Town Hall organised in a college auditorium... read more »

SBI shares rise 4% despite graft case against Deputy MD

SBI reports Q3 net profit of Rs 2,910 crore

State Bank of India (SBI) on Friday reported over 30 per cent jump in net profit at Rs 2,910 crore for the third quarter ended December 2014 on the back of stronger other income despite higher... read more »