business

Ansal Housing & Construction Ltd has informed us that on January 18, 2009, the Company launched a new Township Project named “Ansal Town”, at Meerut. This is a Township Project located at National Highway ? 58 and the project is approved by Meerut Development Authority (MDA). This Township Project is spread over an area of … Read more Ansal Housing – New Township “Ansal Town”-Meerut

Japanese drugmaker Daiichi Sankyo is going to bid for a 20% stake in Zenotech Laboratories, a unit of Indian generic drugmaker Ranbaxy Laboratories. Daiichi Sankyo has already acquired a 63.9 % stake in Ranbaxy last year. Further, the company has been reported to lower its open offer price to Rs 113.62 per share from the … Read more Daiichi Sankyo to bid for a 20% stake in Zenotech

Private oil companies like Reliance Industries (RIL), Essar Oil and Shell India have expressed concerns over the unfair pricing strategies being adopted by the public oil companies, which have forced the private sector nearly out of the business. The petroleum and natural gas regulatory board (PNGRB), the apex regulatory and quasi judicial body for the … Read more Pricing parity between private, public oil companies under review

Bharti Airtel has decided to come up with IPTV (Internet Protocol on Television) services in the country soon. The company is likely to make an announcement and disclose further details in this regard in a couple of days. Bharti Airtel has already tested IPTV services through its soft launch in a few cities. It aims … Read more Airtel to roll out Internet Protocol Television services in India

Housing finance major, HDFC, has announced a reduction in home loan rates by upto 150 basis points. The move comes after a reduction in its tax deduction on home loans. Interest rates have been cut 150 basis points to 9.75% from 11.25% earlier for those looking to avail of loans between Rs 20 to Rs … Read more HDFC cuts home loan rates by upto 150 basis points