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Mahindra Satyam merges with Tech Mahindra

Mahindra Satyam merges with Tech Mahindra

Software firm Mahindra Satyam was on Tuesday formally merged with its parent Tech Mahindra to create the country’s fifth largest software services firm. Over the past 4 years we worked…

Air India’s Birmingham-Delhi flights from Aug 1

Air India’s Birmingham-Delhi flights from Aug 1

Air India will launch direct flights between Birmingham and New Delhi from August 1, with its new Boeing 787-800 ‘Dreamliner’ aircraft. The flights will operate four times a week –…

KIMS Hospital group to invest Rs 500 cr on expansion

KIMS Hospital group to invest Rs 500 cr on expansion

Going in for a major expansion, the Kerala-based KIMS Hospital will be investing Rs 500 crore in the next 2-3 years to become a 2000-bed hospital chain. The group has…

SBI objects to Paramount’s revival plan over dues

SBI objects to Paramount’s revival plan over dues

State Bank has written to aviation regulator DGCA expressing concern over the grounded Paramount Airways’ plans to re-launch the carrier, saying it has been in default for long. Yes, we…

SAIL gearing up to increase iron ore production

SAIL gearing up to increase iron ore production

With SAIL aiming to produce 24 million tonnes of hot metal by 2015-16, the raw materials division of the steel major is gearing up to increase iron ore production from…

JNPT in pact with Dubai-based DP World for container terminal

JNPT in pact with Dubai-based DP World for container terminal

Jawaharlal Nehru Port Trust today signed an agreement with Dubai-based DP World for development of a Rs 600-crore container terminal in Navi Mumbai. JNPT has signed a concession agreement with…

Coal Ministry issues show-cause notices to 2 more firms

Coal Ministry issues show-cause notices to 2 more firms

The Coal Ministry today issued show-cause notices to two firms, Jindal Steel and Power Limited (JSPL) and Tenughat Vidyut Nigam Limited, for not developing coal blocks allocated to them within…

TRAI lowers roaming charges for calls, SMSs

TRAI lowers roaming charges for calls, SMSs

Telecom regulator Trai on Monday announced reduction in the national mobile phone roaming charges, but said there will be no free national roaming as of now. The sectoral regulator has…

DoT panel opening up telecom sector to FDI

DoT panel opening up telecom sector to FDI

DoT panel has suggested completely opening up the telecom sector to FDI, a move which is expected to bring in fresh funds into the industryA DoT panel has suggested completely…

Piped gas to Goa households in next two years: Parrikar

Piped gas to Goa households in next two years: Parrikar

The piped Liquefied Natural Gas (LNG) gas would be made available to the Goa households in next two years, as the supply to industries in the state has already begun,…