Articles

Carmel poised to gain HQ of new public company

Ingersoll-Rand PLC said it plans to spin off its commercial and residential security unit, which is headquartered in Carmel, into a separate public company. The security division has $2 billion in annual revenue and 1,300 employees in the Indianapolis area.

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Indiana farmers fear estate tax changes

Indiana farmers say they have a lot to lose should the nation go over the so-called fiscal cliff, a set of automatic spending cuts and tax hikes set to take effect in January unless the White House and Republicans negotiate a compromise.

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Indy home explosion investigation costs: $308,674

The Indianapolis Department of Public Safety says it has spent more than $300,000 on manpower and other expenses investigating an explosion that killed a couple and decimated their neighborhood on the southeast side.

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IEDC seeks $30M fund to stoke life sciences firms

The Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the past two years.

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Daniels: Some firms concerned about marriage bill

Gov. Mitch Daniels said Wednesday he has been hearing from companies that fear that a measure that would put Indiana's ban on same-sex marriage into the state constitution might also prevent firms from offering benefits to gay couples.

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