Bangalore-based, mid-sized IT solution provider, MindTree Limited, is planning to hire 4,000 fresh graduates in the next financial year.

MindTree to hire 4,000 freshers

Business Standard

In what may be touted as one of the largest real estate deals in Chennai, Radiance Realty Developers India Limited has acquired around four acre near the city for around Rs 80 crore.

Radiance buys 4 acre for Rs 80 cr

The Rajiv Gandhi International Airport (RGIA) at Shamshabad here on Thursday inaugurated its second runway successfully.

Second runway at Hyderabad airport

Hyderabad-based vaccine manufacturer Indian Immunologicals Limited (IIL), a wholly-owned subsidiary of National Dairy Development Board, is developing a vaccine for Chikungunya.

IIL developing vaccine for Chikungunya

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'

Succumbing to pressure from corporate houses, the Madhya Pradesh government is changing its Industry Policy 2010 mid-way its implementation. A closed-door meeting it convened with industry advisory council earlier this week saw the participation by rather low-rank executives, even as the administration is learnt to have decided to amend the existing policy in parts.

Amendments on anvil

After initial failures to ensure land to micro, small and micro enterprises, the state government has mooted private industrial areas where large industries have surplus but non-utilised land. A few large industries have demanded declaration of their industries private industrial area so as to attract investment from micro, small and medium industries.

Govt moots private industrial areas

The first phase of Uttar Pradesh Assembly election starting on a positive note by clocking 62 per cent polling has prompted the Confederation of Indian Industry (CII) to ready its wish list for the state&rsquo;s economic development.

CII seeks land reforms in UP

About eleven years ago, an agitated Subrata Roy called up BCCI strong man Jagmohan Dalmia after he heard that a multinational company had won the rights for sponsoring the Indian cricket team.

Newsmaker: Subrata Roy

In a bid to curb rising power failure complaints in villages and remote areas, Paschim Gujarat Vij Company Ltd (PGCVL) has created a new &quot;gang&quot; called 'Mini Maintenance Gang (MMG)' at 97 locations in the Saurashtra and Kutch area.

PGVCL creates 'gang' to tackle power failure complaints

In what made it the first micro insurance agent of L&amp;T Insurance, Ahmedabad-based VimoSEWA entered into a strategic partnership with the former. The national insurance cooperative promoted by SEWA (Self Employed Women's Association), VimoSEWA will distribute micro insurance products specially designed to cater to the diverse needs of women workers of the informal economy and their families.

L&T Insurance, VimoSEWA join hands

Close on the heels of Chief Minister Naveen Patnaik announcing a judicial probe into spurious liquor killings, the state excise minister A U Singh Deo who was in the line of fire of the Opposition, has resigned owing moral responsibility for the incident.

Orissa excise minister resigns over hooch deaths

Indian Institute of Management, Lucknow (IIML) students&rsquo;-run fund Credence Capital has outperformed Nifty even in the recent choppy waters of equity market. While benchmark Nifty witnessed fall of nearly 14 per cent, Credence generated a return of 5 per cent in its equity fund, while the derivative fund returned a whopping 35 per cent.

IIM-L students' fund outperforms Nifty

Indian vaccine companies may lose the pricing edge as the imminent entry of Chinese companies is likely to change the supply landscape in the world, according to Mahima Datla, senior vice-president of Hyderabad-based Biological E Limited.

Indian vaccine firms to face Chinese threat

Mumbai-based pharmaceutical company Lupin Limited is planning to invest $20 million in setting up a new manufacturing facility in Pune, according to company president Cyrus Karkaria.

Lupin plans $20-mn facility in Pune

Chettinad Cement, a flagship company of the Rs 4,000-crore Chettinad Group, is planning to increase its annual production capacity to 25 million tonne. The proposed expansion is planned with an outlay of around Rs 5,700 crore. In an interview to TE Narasimhan, group managing director MAMR Muthiah, who took over as the new president of the Cement Manufacturers&rsquo; Association recently, says that his company will remain conservative, which will be a safe model to operate in the current environment.

We will come under pressure if we are not conservative: MAMR Muthaiah 

Due to higher prices of domestic chromite ore, Jindal Stainless Limited (JSL) has decided to increase import of chrome ore for use at its one-million-tonne stainless steel plant at Kalinga Nagar, in Jajpur district.

JSL to scale up chromite imports for Orissa plant

The State Budget size for 2012-13 has been pegged at Rs 52,000 crore 15.8 per cent higher than total outlay of Rs 44,878.97 crore of the previous fiscal.

State Budget size pegged at Rs 52,000 cr

At least four personnel of the Border Security Force (BSF), including a commandant were killed in an IED (improvised explosive device) blast triggered by suspected left-wing ultras in Malkanagiri district on Friday.

Naxals strike on panchayat poll eve, four BSF men killed

With the Nano all set to hit the Bangladesh roads this February, the distributor of the Tata cars there, now plans to open talks with the Mumbai-based auto major to set up an assembly unit of the small car.

Nitol group keen on Nano assembly unit in Bangladesh

Emami Ltd&rsquo;s board is set to meet tomorrow, the first time since the fire at Dhakuria&rsquo;s Advance Medicare and Research Institute (AMRI) Hospital, in which the Emami Group has a majority stake. But of the 14 board members, three&mdash;R S Agarwal, R S Goenka and S K Todi&mdash; are in custody and the police is on the look out for two, Aditya Agarwal and Preeti Sureka.

Emami  results today, no relief for promoters yet

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