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RNRL Q3 net up 3% to Rs 25 cr
Anil Ambani Group firm Reliance Natural Resources (RNRL) today reported growth of 3.30 per cent in net profit at Rs 25 crore for the third quarter ended December 31, 2009, over the same period last year. http://smallpersonalloans.org.uk

BMW explores possibility of entering Indian motorcycle mkt
With fast-changing consumer preferences, German auto major BMW is studying the Indian motorcycle market for launching its products in the country.

News of the day

How other countries fare
China’s Golden Shield Project has several US corporations such as IBM, General Electric, and Honeywell working closely with the Chinese government to install millions of surveillance cameras throughout the country, along with advanced video analysis and facial recognition software, which will identify and track individuals everywhere they go. They will be connected to a centralised database and monitoring station, which will, upon completion of the project, contain a picture of the face of every person in China - over 1.3 billion people.
Business Ideas

ADAG slams DGH over 'life threat' claims

Slamming claims that it poses a threat to oil and gas sector regulator V K Sibal’s life, the Anil Dhirubhai Ambani group today said it would file criminal proceedings against the Director General of Hydrocarbons (DGH) for “defamation and character assassination”. - RIL-RNRL row: DGH defends itself through ad campaign - Anil Ambani"s new charge against DGH, RIL - Vigilance commission asks CBI to probe alleged Sibal-RIL link - Ambani tussle to impact energy blocks auction: DGH - DGH plans bidding round for oil shales - GSPC"s 2-tcf gas plan approved “DGH’s allegations against ADA Group are irresponsible, absurd and baseless,” RNRL wrote to the home ministry, reacting to Sibal’s letter to the government wherein he had sought protection fearing threat to his life and his family members from the industrial house. Reliance ADA Group challenged Sibal to bring on record anything to support his “wild allegations”, while adding that it would file criminal proceedings against DGH. Anil Dhirubhai Ambani group firm RNRL spokesperson confirmed writing a letter to the government in relation to Sibal’s communication. Sibal’s letter to the home and petroleum ministries on Tuesday coincided with ADAG moving the Supreme Court alleging a nexus.


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