India Business

Steel Prices Set To Rise In August

Domestic steel industry in India is facing tough time. The prices of raw Steel Prices Set To Rise In August materials are increasing day by day and the government is trying to stabilize the prices of final product (steel) under inflationary pressure.

JSW Steel’s vice-chairman and managing director, Mr Sajjan Jindal and Tata Steel managing director, Mr B. Muthuraman expressed concerns over global increase of steel prices.

Satyam Q1 net up 45 pc at Rs 547.7 cr

The Quarter 1 profit of Satyam Computer Services was announced on Friday. The Software major has recorded a net profit of 45 per cent at Rs.547.7 cror for Q1 ended on June 30.

RIL starts arbitration clause against RCOM

RIL CMD Mukesh Ambani started arbitration process against his younger brother Anil's company Reliance Communications (RCOM). Thus fight between two brothers is further increased on MTN issue.

MindTree Consulting raises Rs 100 crore loans from HSBC & Citibank

MindTree Limited, a global IT and R&D Services Company has informed that it has raised about Rs 100-crore loans from HSBC and Citibank on a long-term basis to meet its operational expenses and

Eros Multimedia inks deal with Hungama Mobile

Eros Multimedia, the Indian arm of Eros International plc (“Eros”), has inked a two-year minimum guarantee output deal with India’s Hungama Mobile, an established player in the mobile content distr

Haldia Development signs ‘Concession Agreement’ with three firms for water supply project

Haldia Development Authority (HDA) has entered into a concession agreement with a consortium consisting of Jamshedpur Utilities & Services Company Ltd.

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