Page-24 of Companies

Company in News: “Interviewstreet”

June 8, 2012

“Interviewstreet” provides Technical platform to US Govt Interviewstreet played a key role in preparing technological platform to the US government’s Equal Pay program. The US govt hired Interviewstreet to develop a technology platform on which to build the tools that ..

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Navis acquires full ownership of Indian fast-food Chain “Nirula’s”

June 2, 2012

After buying out Nirula’s’ co-owner Samir Kuckreja’s stake, Malaysia-based private equity Navis Capital Partners has taken complete control of homegrown fast food chain Nirula’s. Nirula’s: Among the first fast-food chains in India which made ‘big boy burgers’ and ‘hot chocolate ..

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SBI posts nearly 200-time increase in profit for Jan-March period

May 23, 2012

SBI, India’s largest bank posted nearly 200-time increase in profit at over Rs 4,000 crore for January-March period. This is the highest ever quarterly profit in SBI’s history and is on the back of a sharp fall in provisioning for ..

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‘Give free land for 999 years to set up private varsities’

May 14, 2012

A Committee report on corporate sector participation in higher education headed by Chief Mentor of Infosys N R Narayana Murthy presented its report to the Planning Commission Deputy Chairman Montek Singh Ahluwalia. Some of its key suggestions: Promote private sector ..

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Govt disallows $1.24 bn RIL cost recovery

May 7, 2012

The Petroleum Ministry disallowed the RIL’s (Reliance Industries Ltd) $1.24 billion cost recovery from its investment in the KG-D6 field, in the Krishna-Godavari (KG) basin. RIL has already taken the government to the Supreme Court over its inability to nominate ..

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Delta Airlines world’s first carrier to produce own fuel

May 2, 2012

U.S.-based Delta Airlines will soon become the world’s first air carrier to produce its own jet fuel. Delta announced it is buying a oil refinery near Philadelphia from the Phillips 66 oil company for 150 million Dollars for the purpose. ..

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IOC signs pact with Nepal oil body

April 28, 2012

Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) inked an agreement on the supply of petroleum products for the next 5 years. As per the agreement, IOC has agreed to waive off 2.5% Price Adjustment Factor, which includes refinery ..

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Monsanto maize seeds hit roadblock in Gujarat

April 27, 2012

The Gujarat Government has decided to stop procuring double-cross hybrid maize seed made by seed major Monsanto, which were distributed among the farmers in the tribal areas of the state under the tribal a development scheme. The seeds sold under ..

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