Whirlpool is set to enter the affordable price segment in the direct-cool refrigerator market in India by March-end. &ldquo;We are planning to launch few direct-cool refrigerator models in the lower price range by March,&rdquo; said Shantanu Dasgupta, vice-president (corporate affairs and strategy).

Whirlpool to launch affordable refrigerators

Business Standard

Pro-Telangana outfits intensified their stir on Monday, a day after the Centre deferred its decision on the long-pending issue of according a separate statehood for the region.

Pro-Telangana outfits intensify stir

Three research projects have been declared for funding under Indo-Spanish joint programme for technological cooperation in biotechnology at the three-day BioAsia conference, which was kick off here on Monday.

3 joint research projects announced at BioAsia

With the Centre giving its consent to compensate revenue loss suffered by states due to pruning of Central Sales Tax (CST) rate from four per cent to two per cent, Odisha is expecting a compensation of Rs 1,000 crore.

Odisha may get Rs 1,000 cr compensation for CST loss

The bidders for Gujarat government's ambitious Ro-Ro ferry service in the Gulf of Cambay region, are finding it difficult to find a right mix of Ro-pax vessel and terminal operator, prompting the Gujarat Maritime Board (GMB) to extend global bid submission date for the second consecutive time.

GMB extends Ro-Ro ferry RFQ submission date for second time

A day after the Bharatiya Janata Party (BJP) leadership indicated that Gujarat Chief Minister Narendra Modi would be given a national role in the Lok Sabha elections, former finance minister Yashwant Sinha demanded Modi be declared the prime ministerial candidate of the BJP-led National Democratic Alliance (NDA).

Yashwant Sinha for Modi as prime ministerial candidate...

In its first meeting slated for January 31, the high-level Cabinet Committee on Investment is expected to consider at least 20 projects in the coal, power, oil and gas stuck for want of proper clearances.

Investments panel to meet on Jan 31

Industrial and automotive battery maker Amara Raja Batteries Limited, a subsidiary of the Hyderabad-based Amara Raja Group, is planning to invest Rs 440 crore for capacity expansion in the automotive segment.

Amara Raja charts Rs 440 cr expansion plan

NDA ally Janata Dal (United) on Monday dismissed Yashwant Sinha&rsquo;s demand for declaring Narendra Modi as the PM candidate as his &ldquo;personal&rdquo; view. The JD(U) said it would wait for BJP&rsquo;s &ldquo;official stand&rdquo; as its leader Nitish Kumar had already conveyed JD(U)&rsquo;s views on NDA prime ministerial candidate. &ldquo;He (Nitish Kumar) has also spoken clearly about what kind of a person should be the prime ministerial candidate.

But JD(U) squirms

An Andhra Pradesh court on Monday took cognizance of a complaint alleging that P Chidambaram and Sushilkumar Shinde had &ldquo;cheated&rdquo; the people of Telangana, and ordered a police probe.

Telangana issue: Chidambaram, Shinde accused of 'cheating people'

Mumbai International Airport Ltd on Monday filed a suit in the Bombay High Court seeking attachment of Kingfisher Airline&rsquo;s properties. KFA owes MIAL Rs 40 crore.

MIAL seeks attachment of Kingfisher properties

Vadilal Industries Ltd is set to sell its flavoured milk 'Power Sip' in the north Indian market as the company has decided to launch the new product in Uttar Pradesh over the next couple of months. It looks to capture 5-7 per cent share in the India's flavoured milk market in the next three years. Being the number one ice cream player in UP, it will utilise its retail network to offer its flavoured milk brand to consumers in Lucknow, Kanpur, Agra, Faridabad and Ghaziabad.

Vadilal to launch flavoured milk in UP

Pune headquarter mid-cap IT firm Persistent&nbsp;Systems, an outsourced software product development services&nbsp;player, announced the Company&rsquo;s financial results&nbsp;for the first quarter&nbsp;ended December 31, 2012 with a revenue figure of Rs &nbsp;341.37&nbsp;crore as compared to the same quarter last year at Rs &nbsp;278.66, representing a year on year growth of 24 per cent.

Persistent's net up 22% at Rs 49.5 cr

Gujarat Alkalies and Chemicals Ltd (GACL) has posted a 28.53 per cent rise in net profit for the third quarter of the fiscal on a year-on-year basis at Rs 33.34 crore. Net sales for the quarter, however, dipped from Rs 440.89 crore in the same quarter last year to Rs 416.56 crore in the third quarter of the current financial year due to market conditions, the company said.

GACL Q3 net up 28%

Activist and National Advisory Council (NAC) member Aruna Roy has urged NAC chairperson Sonia Gandhi to help set up an employment guarantee mission to help revive the Mahatma Gandhi National Rural Employment Guarantee Scheme. Roy said the government had failed to institutionalise the basic features of the scheme.

NREGS has lost focus, Aruna Roy tells Sonia

Hyderabad-based drug discovery research and development firm GVK Biosciences (GVK Bio) has entered into a collaboration agreement with US-based Endo Pharmaceuticals focused on discovering novel small molecules targeting a protein.

GVK Bio partners US firm

The revenue also witnessed a increase of 48.68 per cent at Rs 563.30 crore as compared to Rs 378.85 crore last quarter.

KPIT Cummins' net profit up

A team of global scientists led by International Crops Research Institute for Semi-Arid Tropics (ICRISAT) has for the first time decoded 90-odd genome sequences of chickpeas. This would enable researchers to develop drought-resistant, disease-proof chickpea varieties with more nutritional values.

ICRISAT decodes 90 chickpea genomes

Online ticketing has emerged as the gateway to convert users to shop online. Online ticket consumers are likely to spend higher average amount of Rs 2,347 on their first product purchase in comparison to Rs 1,626 for internet users, a Google India report said.

'Online ticketing catalyst for higher shopping'

Former secretary of department of biotechnology, MK Bhan, on Monday said clinical trials on new and existing drugs were necessary in the larger interest of public health.

India needs clinical trials on new, existing drugs: MK Bhan

Abbas-Mustan&rsquo;s latest action thriller Race 2 has collected Rs 51.35 crore during the weekend.

BS Reporter