Business News Headlines

Global technology and manufacturing major Honeywell International is upbeat on growing its business in India in the light of opportunities emerging in aerospace, homeland security, environment and infrastructure.

In a bid to spread awareness on HIV/AIDS, the Confederation of Indian Industriy (CII) Friday announced the launch of a toll free helpline in four languages.

India Power Corp Ltd (IPCL), a consortium comprising Srei Infrastructure and Bhaskar Silicon, was Friday selected for picking up a controlling 57.17 percent stake in power utility DPSC Ltd.

Private sector insurer IDBI Fortis Life Insurance is planning to double its headcount to 2,000 as well as expand its branch network in the country.

In order to increase urea production, the government is considering reviving closed units and has drawn up a new investment policy to attract investments in this sector, the Rajya Sabha was told Friday.

India Power Corp Ltd (IPCL), a consortium comprising Srei Infrastructure Finance and Bhaskar Silicon, was Friday selected for picking up a controlling 57.17 percent stake in power utility DPSC Ltd.

The central government has formally notified the third phase of the Technopark IT campus here and that at Kollam as special economic zones (SEZ), according to the Kerala government.

In a bid to check proliferation of counterfeit currency notes and make bank notes last longer, India's central bank will introduce 100 crore polymer notes of Rs.10 denomination on a trial basis soon, it said Friday.

A late rally by banking and energy stocks Friday helped a benchmark index close above the 17,000-point mark, up 1.41 percent, after languishing in the negative terrain for most of the day.

Malaysian low-cost carrier AirAsia is planning to make Bangkok a hub next year to expand connectivity to Indian cities, a senior company official said Friday.