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RailTel, Cisco to offer video conferencing service

Last Updated: Friday, February 20, 2015, 19:22

RailTel, the telecom arm of railways, has partnered with global networking giant Cisco to offer video conferencing platform to government agencies and public sector units.

Mahindra's renewable energy arm aims to be $1 bn entity

Last Updated: Monday, February 16, 2015, 13:04

Mahindra Susten, which expects to have 350 MW of EPC installations by the end of the year is looking to scale up its own solar energy capacity from the current level of 80 MW.

L&T Infotech targets $1 bn revenue in FY16

Last Updated: Thursday, February 12, 2015, 13:20

The company is likely to close FY15 with revenues of USD 900 million, with a revenue growth at par with the industry's 13 percent, he said.

Religare Finvest to raise Rs 100cr via NCD, issue opens Feb 16

Last Updated: Wednesday, February 11, 2015, 23:42

Religare Finvest Ltd, the NBFC arm of Religare Enterprises Ltd, will launch on February 16 its NCD issue to raise up to Rs 100 crore through private placement.

Lufthansa CEO says no plans to sell IT arm

Last Updated: Wednesday, February 11, 2015, 20:03

German carrier Lufthansa has said it has no plans to sell its IT arm Lufthansa Systems, though it has outsourced some part of the job to the tech giant IBM last year.

Paid Rs 22,300 cr to public finances in India in FY14: Vodafone

Last Updated: Friday, January 30, 2015, 19:20

British telecom major Vodafone on Friday said its Indian arm has contributed over 2.2 billion pound (about Rs 22,300 crore) to public finances, including taxes, for financial year ended March 31, 2014.

Nilesh Shah quits Axis Capital

Last Updated: Monday, January 5, 2015, 18:20

Managing Director and CEO of Axis Capital Nilesh Shah, the public face of private sector lender Axis Bank's investment banking arm, has quit and is understood to be joining the Kotak group.

CIL arm plans to allocate accumulated coal to power consumers

Last Updated: Monday, December 29, 2014, 19:30

The development comes at a time when the country is grappling with coal shortages and as many as 42 thermal power plants are facing significant fuel deficit.

AP to get Rs 475 crore from World Bank arm for rural project

Last Updated: Friday, December 26, 2014, 22:25

An arm of the World Bank will lend Rs 475 crore (USD 75 million) to the Andhra Pradesh Government for implementing a rural growth project.

NMDC's Australian arm appoints Rakesh Gupta as CEO

Last Updated: Thursday, December 25, 2014, 21:05

"Gupta will be paid remuneration of USD 250,000 per annum inclusive of Superannuation, with an initial three month probation period ... ," the filing said.

WCL proposes price hike on certain grades of coal

Last Updated: Sunday, December 21, 2014, 13:24

Coal India arm WCL has proposed to increase the price of coal by Rs 500 a tonne on certain grades of the dry fuel to make some of its projects viable.

Thinking about selection puts a lot of pressure: Ojha

Last Updated: Sunday, February 2, 2014, 16:07

Pragyan Ojha has fallen in the pecking order behind Ravindra Jadeja as the third specialist spinner with remote chances of playing a Test series overseas but the Odisha-born Hyderbad left-arm spinner is not ready to throw in the towel yet.