Suzlon retains fifth spot among global wind turbine makers

NEW DELHI : Suzlon Group has retained its 5th place among global wind turbine makers in 2013, according to MAKE Consulting In its annual Global Wind Turbine OEM Market Share report, MAKE said Suzlon had a global market share of 6.3%, as measured by newly installed generating capacity. The other global wind turbine manufacturers among […]

Dubai property show to have large Indian participation

DUBAI: International Property Show (IPS) beginning here this week will have a large Indian participation under the umbrella of the National Real Estate Development Council (NAREDCO), a leading real estate body in India. The three-day event, starting on April 8, will see India reinforce its stature not only as one of the leading investors in […]

Hindustan Motors in talks with global firms for JV in Chennai

KOLKATA:Troubled Hindustan Motors (HM) is pinning hopes on its recent divestment of the Chennai plant and has initiated talks with global automobile firms to set up a joint venture there. The Chennai plant manufactures cars under licence from Mitsubishi Motors of Japan. “We are pinning high hopes on the divestment of the Chennai plant as […]

Dr Reddy’s may spend $400 million on R&D in 4 years

HYDERABAD: Dr Reddy’s Laboratories may invest up to $400 million on R&D over 3-4 years in biologics and proprietary products where it sees a wave of big growth going forward. “The R&D investments are likely to increase over the coming years. DRL may cumulatively invest in biologics in the range of $150 million to $200 […]

Reebok fraud: Parent Adidas welcomes MCA action

NEW DELHI:With the SFIO filing chargesheet in the Rs 870-crore financial fraud at Reebok, the apparel maker’s German parent adidas Group has said the probe agency has not recommended any charges against its executive board. In the case relating to financial misdoings at Reebok India, the Serious Fraud Investigation Office (SFIO) recently filed a chargesheet […]

Sebi gets new software tools for fraud detection

MUMBAI: With an aim to beef up its capabilities to detect frauds and bring scamsters to book, Sebi is putting in place new software tools to help in its investigations and surveillance activities. The new tools would help the capital markets watchdog in keeping a close watch on possible manipulative activities in the stock markets […]

KASHMIR’S YOUNG ENTREPRENEURS

KASHMIR’S YOUNG ENTREPRENEURS

SRINAGAR: It is a chilly morning, and Snober Malik is heading towards Arsh-ul-Hijab – a place where not only ladies clothes are stitched, but a dream is also weaved. And this dream belongs to her only. The dream is to carve a niche in the world dominated by men and that too amid stiff opposition […]

Growers cooperative to sell pure saffron at tourist spots

BILAL HABIB PAMPORE: To counter the influx of substandard and fake saffron in the market, which damages the image of world famous Kashmiri golden spice, All J&K Saffron Growers Development Marketing Cooperative Association (ASGDMCA) will provide ‘authentic and guaranteed’ 100 percent Kashmir saffron at tourist spots. President of the ASGDMCA, Abdul Majeed Wani told Kashmir […]

Poor ATM service irks Tangmarg residents, tourists

BARAMULLA: Residents of Tangmarg have complained that ATMs operational in Magam, Chandilora, Kunzer and Tangmarg localities are either malfunctioning or cash dry resulting in hardships for the common man. The people said that these ATMs that are mostly operational under the J&K Bank fail to vend cash and are most of the times out of […]

Air India dives lowest in latest airfare war

MUMBAI: On Friday, the cheapest fares in the ongoing domestic air ticket sale were offered by low-cost carriers Go Air and IndiGo. On Saturday, Air India topped the list as it put out cheap fares on 108 domestic flights. The Air India scheme covers 40 sectors on 108 flights with tickets at a flat rate […]