plans

The "incredible" growth in the Indian realty sector has attracted Trump Organisation, the largest high-end condominium builder of the US, and it is looking for a joint venture partnership in India over the next 12-18 months. "We are looking for JV partners to enter India. That is precisely why...

How India plans to tackle oil price rise Petroleum Minister Murli Deora met Finance Minister P Chidambaram on Friday to discuss the measures to be taken in the domestic oil market in the wake of surging crude oil prices in the international market. However, Deora declined to...

The international chemical giant Dow will invest $100 million in Research and Development (R&D) facility at Chakan, near Pune. The centre may be fully functional by 2010. The R&D facility would come up in the 100-acres, and will employ 500 researchers. The facility would carry out research in...

Most know Bajaj Auto is India's second-most popular two-wheeler brand and the top three-wheeler brand. But what's less known is that it enjoys a similar position in most countries it exports to - in some, it's even the top brand. Executive director Sanjiv Bajaj, who looks after the company's...

Unfazed by IT industry body Nasscom's attack for his comments on the health of BPO workers, Union Health Minister Anbumani Ramadoss on Friday said his ministry is planning to come out with guidelines for people working in the BPO and IT industry. "They are our flagship industry and there is a...

The sixth central Pay Commission is examining the feasibility of introducing performance-linked salaries for government employees. The commission has constituted a study group headed by Indian Institute of Management, Ahmedabad Professor Biju Varkkey to develop a model on these lines. The...

M Thiagarajan is the youngest chief executive of an airline in the country. The owner and managing director of Chennai-headquartered Paramount Airways is all of 30. He could also be the only chief executive in the country to claim that his airline is making profits. "These are profits from...

NEW DELHI: The Department of Telecom (DoT) has decided to go for a “controlled ascending” auction rather than a direct auction for allocating 3G spectrum. This method was first developed for the US Federal Com-munications Commission’s (FCC) spectrum auctions in 1994 and has been used for all...

DUBAI: Bank of Baroda plans to expand its operations in the Gulf countries during its centenary year, with the opening of a new branch in Bahrain and planned opening in Qatar. BoB is the only Indian bank to have operations in the UAE. It also has operations in Oman. "The bank would be making...

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Hundreds of farmers unable to repay crop loans killed themselves in Maharashtra in the past year, despite a multi-million dollar cash plan to improve their lot, activists said on Friday. The spate of suicides in Maharashtra since last July touched 1,132, they said, highlighting the failure of...

In an obvious attempt to stun the world at the time of the Olympics, China announced on Tuesday that it was building a metalled road to the Mount Everest base camp, raising howls of protests from environment activists and generating muted security anxieties in New Delhi. The construction of...

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Munjals plan to finalise details after the launch of the Tatas’ Rs 1-lakh car in order to lower risk After the Tata group, it’s the turn of the Munjals—one of the most dominant families in the Indian automobile sector—to turn their attention to making a sub-800cc car. The Hero group, which...

Honda Motorcycle Scooters India (HMSI) said it is developing a new motorcycle in the 100 cc segment for India, which could hit the market within three years. HMSI's President and CEO Shinji Aoyama, who assumed office earlier this month, said the company's new 100 cc model could be positioned...

Private insurer Tata AIG Life Insurance Company Ltd today said it planned to expand its footprint in the country by increasing its offices and focus on small towns which offered higher growth prospects. "We are planning to increase our number of offices from 72 to 120 during the year. 10 new...

Student insurance plans It was around midnight but the Verma family was awake. The rising tension and anticipation in the room was not because they were watching a movie but were waiting for the phone to ring. While, Mrs Verma almost appeared to be on the verge of tears, her husband stared in...

Moving a step further from creating manpower for the aviation industry, Frankfinn Aviation Services Pvt Ltd said it will start a low-cost airline by 2009 and plans to tap the capital market for funding the new venture. "After having established strong presence in training of skilled manpower...

VLCC, the wellness major, plans to increase the number of outlets in Kolkata from six to 10 in the next few months, even as it plans a chain of health restaurants. "West Bengal figures prominently in our expansion plans. We are soon opening a branch of our VLCC Institute in the city, where...

Even as Kumar Mangalam Birla, 39, chairman of the Aditya Birla Group, makes headlines across the world with his acquisition of Novelis, he has identified retail as the next big target, with plans to invest over Rs 8,000 crore (Rs 80 billion) to Rs 9,000 crore (Rs 90 billion) in the next few...