Data showed that the total premium of life insurers dropped by 3 percent to Rs 2,83,315 crore for 2011-12 compared to Rs 2,91,605 crore in the year ago period.
The Naresh Goyal-owned airline would be the second domestic carrier to foray into the aviation education segment after Kingfisher.
The government suspended the implementation of the decision to allow FDI in the multi-brand sector following strong protests from different quarters.
The solar energy sector attracted a total funding of $ 4.3 billion (over Rs 24,000 crore) through 66 deals, including two Indian transactions-Reliance Power and Azure Power.
Auto major GM India has said that it will launch two new cars this year despite the sluggish demand season.
Auto maker Renault India has said it has set a target of selling 30,000 cars in the country in 2012.
Alternative energy major Suzlon signed a pact with ReNew Power Ventures for supplying equipment for its 300 MW projects in India.
Timely availability of accurate data would be critical for the ministry to ensure timely digital switchover and take mid-course action if needed.
Output from the proposed plant will be shared between SAIL and Kobe Steel for captive use in their own plants/joint ventures.
The fine relates to IndusInd Bank's receipt of commission as corporate agent of Cholamandalam General Insurance Company.
The eye care company's Chief Executive Brent Saunders said last October that he was setting sights on an IPO for the company "in the next couple of years.
India has put in place a $5.4 billion policy to provide free medicine to its people, a decision that could change the lives of hundreds of millions, but a ban on branded drugs stands to cut Big Pharma out of the windfall.
The five new aircraft will be christened as Dhaniya, Haldi, Javitri, Jaiphal and Laung.
The new Pune plant will supply Tata, Mahindra, Fiat and Piaggio.<br /><br />
A team of Australian Prudential Regulation Authority (APRA) will visit India later this year to evaluate standards of Indian service providers amid their growing role in overseeing back office functions for the country's largest four banks.
Hero Motocorp launched a new 125 cc bike called Ignitor which the company is confident that it will be able to attract the youth
Telecom major Bharti Airtel introduced cloud computing solutions using HP's technology to provide software and related infrastructure to business organisations on pay-per-use model.
Sharma was reviewing the pharma sector with industry representatives and government secretaries.
Pharma major Lupin received USFDA approval to sell generic version of oral contraceptive.
The cross-party inquiry, due to start within days and to report by the end of the year, will have free rein to call witnesses under oath from the worlds of finance and politics and will influence the government's reform of the financial sector.
Adidas-owned Reebok India had filed an FIR alleging that its former MD Subhinder Singh Prem and COO Vishnu Bhagat were involved in the Rs 870 crore fraud.
Vodafone, which faces a possible tax on its 2008 deal, on Thursday said it has been assured of a "level playing field" by the government and asked to stay invested in the country.<br /><br />
Steel major JSW paid Rs 2,200 crore for redemption of foreign currency convertible bonds (FCCB) issued in 2007, with this the company said that it has fully discharged its obligation to Citibank London.
The Competition Commission of India has approved the merger of Hero Motocorp with Hero Investments which was proposed earlier this month.
The rupee hike has made motorcycle maker Bajaj Auto to hike the prices of their bikes owing to the rising costs of the raw material. The company had increased costs earlier this year citing high input costs.
Standard Chartered Private Equity acquired a minority stake for Rs 130 crore in Karaikal port for expansion of the port facility.
Dissatisfied with the delay in the modernisation programme of SAIL,Steel Minister Beni Prasad Verma has asked the state-run steel maker to fast-track expansion.
DIrect-selling FMCG retailer Amway is looking at setting up manufacturing plants worth Rs 400 crore in Gujarat and Tamil Nadu. This will be the company's first plant in India.
50 percent of the block closure would be adjusted against leave of employees and the remainder would be borne by the company.
India is the world's second-largest producer and the biggest consumer of tea.