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Company News

Tata Capital seeks international investors to fund new ventures

TATAAfter identifying new business venture that appeal, TATA Capital has decided to pay for those new ventures through loans that it will take from financial institutions based in India and abroad.

Nissan produced ‘ Mirca’ to be released shortly

NissanMirca, the latest compact car will hit markets for commercial purchase shortly. The Nissan produced car hopes to get in on the current rage in car manufacture – the compact car. The car will come fully equipped with modern features designed to provide a smooth ride.

Nokia India: pay dispute settled

Nokia India: pay dispute settledNokia has smoothed down the pay argument with its employees based at its India plant, further the group expressed that the work at the plant shall soon resume at once.

The Indian unit of Nokia expressed in a statement that the workers had nodded towards the long-term wage agreement which was initially discussed with the company on Monday.

Microsoft’s high bet on apps!

Microsoft’s high bet on apps!The world's largest software maker-Microsoft, is working closely these days with developers to construct mobile applications for its Windows Phone 7 system. The company is not only aiding financial assistance including free tools and test handsets for the purpose of marketing and software development but is also providing revenue guarantees in some cases. These special cases will stem if the applications do not fair as expected.

LML scrip zoomed on TVS rebuffing the purchase of its assets

LML scrip zoomed on TVS rebuffing the purchase of its assetsA TVS Motor Company spokesperson stated on Tuesday that it has not made any proposal to acquire the assets of LML, a two wheeler company as reported in a news channel. He said that the company does not know from where such information is originated.

News channel CNBC-TV18 reported that the TVS Motor Company is planning to acquire the assets of LML India.

Gokul Group and GMDC to set up 80 MW power plant near Surat

Gokul Group and GMDC to set up 80 MW power plant near SuratGujarat Gokul Power Limited, the legal entity of Gokul Group based out of Sidhpur is considering to set up a 80 MW power plant which would be a thermal power station using lignite. The project cost is estimated to be around RS 460 crore to come up in Surat near one of its ditrict Tadkeshwar.

Nissan India plans to open 30 new shops

Nissan India plans to open 30 new shopsOn Tuesday, Nissan India said that is planning to open 30, new dealership, in India by the end of this fiscal. It will be done on a pan-India basis and no concentration to a particular region is there at present.

In a statement, the firm said that they are first going to establish their brand. This is necessary since they are a late entrant and they are in the process of this.