German-based beverage manufacturer Krones to begin bottling unit in KarnatakaThe German-based Krones is setting up a Rs 315 crore bottling machine plant in Vemagal, Karnataka, projected to create 550 jobs. Karnataka'...
Packaging major Krones signs up to invest in KolarKrones AG, a German company, will establish a manufacturing facility in Karnataka. The unit will be located in Kolar district's Vemagal ind...
NCLAT stays insolvency proceedings against Captain GR Gopinath's Deccan Charters till April 26The National Company Law Appellate Tribunal (NCLAT) has halted insolvency proceedings against Deccan Charters, owned by Captain GR Gopinath...
Dollar weakens as stocks gain; Norway's crown jumps"Markets are quietly risk-on overnight", said Adam Cole, chief currency strategist at RBC Capital Markets.
Dollar holds gains as oil rout leaves investors on edge"The bears are certainly getting the upper hand," said Chris Weston, head of research at Melbourne brokerage Pepperstone, adding that it wa...
Oil tightens noose on currencyUBS strategists are calling for Norway's krone to languish near its lowest level in four months against the euro.
China to launch yuan's direct trading with 7 more currenciesThe move will bring the number of foreign currencies that are allowed direct trading with the yuan to 23, state-run 'Xinhua' news agency re...
Cognizant buys Norwegian IT services company Frontica Business Solutions for about $128 millionFrontica, which offers IT solutions in the oil-and-gas space is owned by Norway-listed oil service investment company Akastor ASA.
Commodity exporter currencies like South African rand hold gains on China respite, oilThe Norwegian krone and South African rand climbed almost 1 per cent against the US dollar on after China’s trade surplus widened.
Telenor India's September quarter operating loss widens to Rs 247 croreTelenor India’s operating loss widened to 323 million Norwegian krone (Rs 247 crore) for the quarter ended September 2015 from 195 million ...
Uninor operating loss narrows down to Rs 70 cr in second quarterThe carrier posted positive EBITDA on increased revenue and improved gross margin following mobile termination rate cut.
Uninor suffers Rs 134 crore operating loss in Q1The company posted a profit of about Rs 1,561 crore a year ago due to refund of licence fee to the tune of Rs 1,660 crore from the Indian g...
Norway's Telenor aims to self-finance Indian operations by 2013-endNorway's Telenor, today said it is aiming to self-finance its Indian operations by end of 2013 through a restructuring programme.
- Uninor to draw state-wise plan, find partner before 2G auctions
Telecom operator Uninor will draw up state-wise business development plans before the 2G auctions for the 122 licences that were cancelled ...
- Uninor reduces losses to Rs 569 cr in April-June: Telenor
Telenor ASA has narrowed down operating losses of its Indian operations to 619 million Norwegian krone (Rs 569 crore) in the April-June qua...
- Telenor scraps rights issue to fund Unitech deal
Tenenor ASA, Norway's largest telcoms operator said it had scraped its proposed 12 billion-Krone ($1.8 billion) rights offer to fund its ac...
- Norway cuts key interest rate 0.5 points to 4.75 per cent
Norwegian central bank cut its key interest rate for the second time in two weeks, slashing it a half-point to 4.75% and warning that the g...