Buoyed by impressive net interest margins, State Bank of India (SBI), the country's largest lender hopes to post better than expected performance for the third quarter (October-December period) of the current fiscal.

Net interest margins to drive SBI's profitability

Business Standard

The 15th national conference on e-governance to be hosted by Orissa from February 9 and 10 will focus on how the government departments can work cohesively to increase use of public information in all aspects of governance.

National e-governance meet to focus on electronic services

Lanco Babandh Power Ltd has proposed to scale up capacity of its proposed coal-fired power plant in the state from 1,320 MW to 2,640 MW.

Lanco Power aims to double capacity to 2,640 MW

At Rasulpur village in the Bardhaman, countless hand-woven shacks, overflowing with paddy, dot stretches of farmland. Defying the prosperity, is the family of 45-year old Amiya Saha, a farmer, who walked up to his own paddy field in the wee hours of the new year to commit suicide by consuming pesticide. Steeped in debt, Saha had taken loans from multiple sources, including, Rs 6,000 from the nearby cooperative society for paddy and potato cultivation, but failed to sell even a fraction of the produce.

West Bengal faces agrarian crisis

The impending $12 billion contract to buy 126 Medium Multi Role Combat Aircraft (MMRCA) by the defence ministry from Dassault, is set to be a game changer for the Indian aerospace and defence industries with as much as $6 billion worth of offset contracts expected to flow to Indian companies.

MMRCA deal a shot in the arm for industry

Mortality rate among cancer patients has not changed compared to other diseases. The reason for this is that cancer is more a genomic disorder than a disease. As it mainly depends on genetics, dependency and pharmacological vulnerability, it is necessary to target genetic alterations like gene and its expression pathways involved, said Partha P Majumder, Director, National Institute of Biomedical Genomics.

Translating cancer genomics to medicine is need of the hour: experts

The BJP which has been facing intense criticism over various misdemeanours, ranging from illegal mining to land denotification scam, was further hit by a scandal on Tuesday when two of its MLAs were caught watching obscene video clips in the State Assembly during a discussion. Laxman Savadi, minister for cooperation, and C C Patil, minister for women and child welfare, were watching the clip on the cellphone of Savadi when the house was in session discussing a serious matter.

BJP ministers caught on TV watching obscene video

Alliance Dental Care, a subsidiary of Alliance Medicorp, has rebranded its dental clinics chain Apollo Dental Centres to White Dental Care. The company is a joint venture between Apollo Hospitals Enterprise Limited and medical technology company Trivitron Healthcare.

Apollo-Trivitron JV rebrands dental care biz

Tata Motors Limited, which is currently responsible for the sales and service of Fiat cars in India, is aiming at selling 20,000 units of the latter&rsquo;s cars in the domestic market in the 2012 calendar, as against 18,000 last year, according to Piyush Lall, assistant general manager (Fiat brands), Tata Motors.

Fiat plans to sell 20,000 units this year

Chennai-based cement maker, India Cements Limited, is expected to make an investment of around Rs 500 crore during the next two years, mainly in its power plant and coal project in Indonesia.

India cements to invest Rs 500 cr

Regency Ceramics Limited (RCL) chairman, GN Naidu, has sought an inquiry by the Central Bureau of Investigation (CBI) into the incidences of violence, arson, looting and murder of RCL president (operations), KC Chandra Sekhar, at Yanam in the Union Territory of Puducherry where its manufacturing unit is located.

Regency chief for CBI probe

The Japan External Trade Organisation (Jetro), Chennai, has proposed a model of ready-to-operate factories on rent, as an option for the Japanese small and medium enterprises (SMEs) to commence their operations in Tamil Nadu.

Jetro proposes rent factories for Japanese SMEs

Hyderabad-based TajGVK Hotels and Resorts Limited (THRL), formed through an alliance between city-based GVK group and Tata group&rsquo;s Indian Hotels Company Limited, is looking at opening hotels in Tier-II and Tier-III cities in Andhra Pradesh.

Taj GVK to tap smaller cities

The Indian Hotels Company Limited (IHCL), which runs the Taj group of hotels, is bullish on the hospitality industry in the country even though its net profit at Rs 50.48 crore for the quarter ended December 2011 stood flat compared with the profit of Rs 50.29 crore posted in the same quarter previous year.

Taj group bullish on hotel ind

Scania Commercial Vehicles India (SCVI), a 100 per cent subsidiary of Scania, the Swedish manufacturer of heavy trucks, buses, coaches as well as industrial and marine engines, on Tuesday announced setting up an assembly plant near Bangalore at an initial investment of Rs 150 crore.

Scania plans to set up truck, bus assembly plant near city

In a setback to former Karnataka Chief Minister B S Yeddyurappa, the High Court on Tuesday dismissed his two petitions seeking quashing of summons issued to him by a lower court in connection with alleged land scams.

HC dismisses BSY plea on quashing summons

Press Trust of India

The defence public sector undertaking, Hindustan Aeronautics Limited&rsquo;s (HAL) helicopter division on Tuesday said that the company&rsquo;s order book position is strong. The HAL is working on producing 159 Advanced Light Helicopters (ALH) to be handed over to the Indian Army.

HAL making 159 Dhruvs for Indian Army

A professor from the Indian Institute of Science (IISc) has won recognition for his research in the art of organic chemistry.

IISc scientist wins chemistry award

Monsanto India, a subsidiary of the US-based Monsanto Company, a provider of technology-based solutions and agricultural products, on Tuesday opened its new breeding station for developing and testing new varieties of hybrid corn and vegetable seeds in Karnataka.

Monsanto opens breeding station for testing new varieties

The Gujarat chief minister, Narendra Modi has demanded withdrawal of the recent order of the Union Ministry of Home Affairs extending the powers and duties of the National Counter-Terrorism Centre (NCTC), an anti-terror body.

Modi demands withdrawal of NCTC order

Nichrome India Limited, a packaging machinery manufacturer and a player in VFFS machines in India, is focusing on agricultural packaging sector and expanding its base across India. Over 80 per cent of the seed packaging in India is done using Nichrome Machinery, the company claims. In every season including rabi or kharif, Nichrome machines manage to pack around 50 million pouches.

Nichrome to focus on agro- packaging business

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