Indian Stock Market

Industry tycoon Krishna Kumar Birla died in Kolkata early on Saturday morning. He was 90.

Tata Motors has issued an official statement regarding the situation at the Singur plant. A Tata Motors spokesperson said, \”There has been no improvement in the ground situation so far, hence the conditions are still not conducive for resuming work today. He further said, ”We continue to assess the situation closely.\”

The country’s fourth largest software exporter Satyam Computer Services is on the prowl again.

Hyundai Motor India Ltd (HMIL) will organise a TransWorld Endurance Drive from Delhi to Paris as a part of the celebrations to mark the tenth anniversary of its India operations next month.

Fiat’s midsize sedan Linea, scheduled to be launched in September, may come in a month later, according to company sources.

Larsen and Toubro anticipates revenues in excess of Rs 4,300 crore annually from the power segment by 201112 and over Rs 2,000 crore business a year in two years from its railway business division, Mr A.M. Naik, Chairman, said on the sidelines of the annual general meeting here on Friday.

Ranbaxy Laboratories has emerged as the top pharmaceutical company, in terms of market share in the Rs 36,000 crore domestic drug market for July.

Born on November 11, 1918, Birla called it a historic day (his birthday) in his autobiography, Brushes With History, as agreement of armistice for World War I was signed on that day. K K Birla inherited a legacy in which the creation of wealth, philanthropy and political leadership was all regarded as part of nation building.

India will soon see the auction of frequencies for 3G services who enable users to download data at much faster speeds. Department of Telecommunications Secretary, Siddharth Behura told CNBCTV18 that the government could be in a position to appoint a company by September 30 or the first week of October to auction 3G service frequencies.

“I am happy to say that in the last four years we have accomplished much in keeping with our commitments,” the prime minister said, after giving away national awards to micro, small and medium entrepreneurs in New Delhi. He said small enterprises play an important role in ensuring inclusive growth which is also regionally balanced.

The company is also planning a foray into manufacturing and marketing of disinfectant and sanitization products

Mumbai-based drug discovery company Actis Biologics (ABPL) has acquired the cancer drug discovery assets of US-based CellPoint Diagnostics for an undisclosed amount.

The dispute between French food products major Groupe Danone and industrialist Nusli Wadia over the control of Britannia Industries (BIL), Indias largest food company, is expected to be

The Trinamool Congress (TC) today made its first move to find a solution to the ongoing blockade by the party at Tatas Singur factory when senior party leader and lawyer Kalyan Banerjee said

Businessmen in Kolkata remember late industrialist Krishna Kumar Birla, who passed away at Birla Park here on Saturday, as a man who did not suffered fools or flatterers kindly.