The Running Blog

Aminex losses narrow to $1.15 million Aminex, the listed Irish oil and gas explorer with operations in Africa, said today that its loss before tax reduced by 75 per cent to $1.15 million from $4.64 million a year earlier during the first six months of 2009. The company said it achieved record gas production in [...]

BP has awarded contracts in the area of application development and maintenance to IBM, Accenture, and three top Indian outsourcers. BP was earlier outsourcing these services to 40 service providers, and decided to rationalize the number to five, a BP spokeswoman said on Wednesday. The five providers selected were already offering services to BP, she [...]

One more person was arrested in connection with the investigation into the bank robbery at the North Malabar Gramin Bank branch at Periya in Kanhangad. T.K. Haneefa (38) of Muzhappilangad was arrested by a police team headed by the Kanhangad Deputy Superintendent of Police Habeeb Rahman at Thalassery on Wednesday. The police also recovered 3.5 [...]

Amidst all this activity in the primary market, it’s natural that there would be many questions running through the minds of investors. In a bid to clear the air on the buzzing initial public offer (IPO) scenario, UTVi set up an interactive chat with the IPO guru Ashok Kumar who has been tracking IPOs for [...]

Coal India Ltd. may invest as much as $1.5 billion to acquire mines overseas to help overcome a shortage of the fuel as the country plans to almost double power generation capacity by 2012. The state monopoly is seeking mines in Australia, South Africa, the U.S., Indonesia and Mozambique with an annual capacity of 10 [...]

Mumbai, August 26, 2009: Arzoo.com, one of the leading travel portals in India, promoted by Sabeer Bhatia is announcing the launch of “Arzoo Travel Training Institute” (ATTI) in franchise arrangement with the ‘Ashok Institute of Hospitality & Tourism Management’ (AIH&TM), an ISO 9001-2000 certified Institute of the India Tourism Development Corporation (ITDC), a Govt. of [...]

Harley-Davidson Inc., the biggest U.S. motorcycle maker, plans to start sales in India from next year as it seeks growth in emerging markets to offset a slump in domestic demand. Harley will import the motorcycles, accessories and riding gear for sale in India, the Milwaukee-based company said in an e-mailed statement today. The company has [...]

Mumbai: Prathama Bank, a leading rural bank in India, has invited applications for the various posts. The applications are invited for appointment as Officer Scale-I and office assistants/clerks. Last date of receipt of application form is 17/09/2009. Date of written test for the post of Officer Scale-I and office assistants/clerks are 25/10/2009 and 01/11/2009 respectively. [...]