Business

IBN Live brings you success stories of people from various fields, who share their hopes and aspirations.

The Tata group plans to raise its stake in Tata Steel Ltd to ward off possible hostile takeover bids.

Reliance Communications has launched a new scheme that connects all state capitals at local call rates.

Honda plans to double car production in India by 2007 and to invest about Rs 3,000 crore over 10 years.

VSNL expects data services to contribute $600-$700 million in FY07, while voice business would contribute $1.1 billion.

India maintains its competitive advantage for providing a combination of cost-effective and high quality manpower.

State-run Bharat Heavy Electricals Limited has bagged a Rs 55 crore contract for setting up a sub-station in Bangladesh.

India's largest oil producer, ONGC, will invest Rs 120 billion in capital expenditure for the full year to March 2007.

Upstream oil companies like ONGC have to share about one-third of the under-recoveries incurred by oil retailing firms.

Gold and stock mkts, both have been on a bull run since three years and now are trying to catch up with the bears.

Research indicates that during the period of the fall, IT index's decline was the least among all indices on the BSE.

The Government on Thursday banned the export of pulses and permitted the private sector to import wheat and a limited amount of sugar as part of efforts to curb the prices of food items.

Mittal said he had no immediate comment to make about Severstal's move to block Mittal Steel's proposed takeover.

Indiabulls will issue preference shares worth Rs 6.44 bn to Oberon Ltd a fund managed by US-based Farallon Capital Management.

People think about their tax commitments only at the end of the year, making hasty investments decisions only to repent later.

Coca Cola is planning to enhance the production of its 'Diet Coke', in view of the increased demand for the product.