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NEW DELHI: A government-panel looking at ways to boost manufacturing in Micro, Small and Medium Enterprises (MSMEs) sector is likely to propose easi...   After assuming charge, the new Textile Minister, K S Rao, Wednesday said the government has set an ambitious export target of USD 50 bil... Unwilling to agree with the European Union's proposal to allow further tariff cuts under the proposed India-EU Bilateral Trade And Investment Agreemen...
In the first trip by an Indian minister in decades, External Affairs Minister Salman Khurshid Wednesday left for Baghdad on a two-day visit in a conce... Keeping in view changing retail scenario and focusing on the changing technological needs of modern retailer, Manch Communications is organising India... Japan registered 993.9 billion yen of goods trade deficit in May, the government said Wednesday. Exports increased 10.1 percent from a year earlier...
TOKYO: The head of Sony told shareholders Thursday the company's board was studying from "all sorts of angles" a proposed plan to ... KOLKATA: Foreign buyers can now rest assured about the quality of Indian tea. Tea Board of India has put in place a system of random testi... NEW DELHI: The Country will consider allowing another 2 million tonnes of wheatexports at a cabinet meeting on Friday, Food Minister ...
NEW DELHI: The world is home to 1.2 croremillionaires with collective net worth reaching a record high of USD 46.2 trillions, with India clocking... NEW DELHI: Bharti AirtelBSE -2.65 %, the country's largest mobile operator, has roped in the Vodafone UK's former consumer director&n... NEW DELHI: The world's largest beverage maker Coca-Cola on Wednesday named current India president & CEO Atul Singh ...
NEW DELHI: Pune-based water heatermaker, Racold Thermo is targeting over 65 per cent per cent increase in turnover to Rs 500 crore by 2... RANCHI: Buoyed by its continued high rate of production, Central Coalfields Limited(CCL) would take up four new projects this fiscal.  ... MUMBAI: Clariant Chemicals (India) LtdBSE 1.25 % today said it has made an investment Rs 38 crore in pigments business at its Roha site in...
PUNE: As more people go online to find, consult and stay in touch with doctors, it is proving to be a windfall for young ventures that enabl... The MSME sector accounts for 45% of the manufacturing sector and the government is keen to strengthen it since it is a large employment provider. Th... NEW DELHI: The Micro, Small and Medium Enterprises (MSME) Ministry will hold consultations with banks to persuade them for improving flow of credit to...
VADODARA: The 95-year-old Federation of Gujarat Industries (FGI) is for the first time organizing a two-day FGI National Legal Summit 2... Daimler India Commerical Vehicles Pvt Ltd, the Indian subsidiary of German automobile major Daimler AG, Tuesday announced shipment of 64 FUSO trucks t... Kerala's business capital, Kochi will host the prestigious the World Economic Forum's India meet Nov 8-9, said Chief Minister Oommen Chandy Tuesday. ...
Having established itself as the backroom office for global businesses with a flourishing outsourcing industry, India is taking steps to expand its el... The government Tuesday said it has cleared 16 foreign direct investment proposals worth Rs.1,646.87 crore. The largest money flow of Rs.961.74 cror...   Information technology industry-lobbying body Nasscom feels there is no need to panic on the issue of restrictions placed by the US on H1-B ...
India, which has a thriving diaspora in Kenya estimated at 100,000, became the East African nation's biggest trading partner in Asia in 2012, surpassi... NEW DELHI: Olive oil import rose by 66 per cent to 11,916 tonnes in 2012-13 despite rise in global prices, an industry body said o... SINGAPORE: Singapore and India are working on a regional comprehensive economic partnership covering the 10-member ASEAN plus six major Asia...
NEW DELHI: Brewery firm SABMiller India today appointed Grant Liversage as the Managing Director of the company.  His key responsibi... MUMBAI: Small and medium firm lenderSidbi recorded 14.6% growth in net profit for the year ended March 13. However, a one time refund of Rs 187... MUMBAI: The readymade garment industry aims to achieve Rs 80,000 crore in exports in 2013-14, an 8-10 per cent growth from last year's levels.  ...
NEW DELHI: Electronics major Sony Indiaplans to launch small screen Bravia brand TV sets with price starting from Rs 15,000 to tap dema... KOLKATA: Buoyed by three consecutive years of growth in sales, biscuit major Priya has planned an Rs 45 crore investment nearDankuni in We... PUDUCHERRY: Karaikal-based Puducherry Power Corporation, a government undertaking, has netted a profit of Rs 6.36 crores in the fiscal 2011-12....
NEW DELHI: The government has proposed to consider Indonesian coal prices while determining tariffs of imported coal-based projects. The move might ... NEW DELHI: Urea import almost doubled in the first two months of the current fiscal at 6.54 lakh tonnes and demand for the nutrient is expected to r... NEW DELHI: Roselabs Group firms Roselabs Bioscience and Roselabs Polymers today said the group has invested over Rs 400 crore to s...
NEW DELHI: Union Health Ministry's ambitious schemes of providing free generic drugs at government health care centres have been launched after bein... Global automobile major Ford Motor Company considers India as a major market for it to grow as well as ship out more cars to other markets even as it ... The government is likely to remove foreign direct investment (FDI) ceilings from sectors where these are not serving any purpose, Finance Minister P. ...
Prime Minister Manmohan Singh Monday inducted eight veterans into the union council of ministers, evidently with an eye to state assembly elections th... Watchmaker Timex Group India, which currently enjoys eight to nine percent market share in organised watch sector, Monday said it is aiming to grab on... The Emirates will operate nearly 60 extra flights to assist pilgrims travelling to the Saudi Arabia during the holy month of Ramadan. Additional 42...
BANGALORE: Karnataka has been rewarded with good portfolios by Prime MinisterManmohan Singh and AICC Sonia Gandhi for voting Congress to power in... DUBAI: Small and Medium Enterprises(SMEs) are one of the fastest growing business segments in the Gulf Cooperation Council (GCC) countr... JAIPUR: RIICO on Monday signed an agreement with IIM Ahmedabad's Centre for Innovation, Incubation and Entrepreneurship(CII...
NEW DELHI: India's trade deficit widened to a 7-month high in May as gold imports surged, provisional data showed on Monday, but... BANGALORE:Former Tech Mahindra CFOSonjoyAnand is set to join the Dubai-headquartered Al Tayer Group, a privately-held, divers... NEW DELHI: Railways earned Rs 22,439.30 crore during April-May this year as compared to Rs 19,905.32 crore for the same period last year, registering ...
MUMBAI: Digital imaging firm Epson on Monday said it expects to double its revenues in the next three years to about Rs 1,400 crore on the back of g... NEW DELHI: Deals company Groupon India on Monday said it will focus on wellness, food & beverage and travel segments to g... MUMBAI: Marquee private equity firmWarburg Pincus and its partners will investup to $600 million in Delonex Energy, a fledgling ...
NEW DELHI: Coal linkage to NTPC's proposed 1,980 MW North Karanpura power plant in Jharkhand has been restored but supply of the fuel will start in th... NEW DELHI: With gas supplies to power plants drying up, the Power Ministry will approach the Cabinet Committee on Investment seeking fuel me... KOLKATA: State-owned monopoly Coal IndiaBSE -0.08 % (CIL) has asked non-power and captive power consumers to compulsorily buy at least 25%...
MUMBAI: Prices of widely used medicines like painkillers, anti-infectives, antibiotics and anti-cancer and cardiovascular drugs are slated to come d... Anglo-Dutch firm Unilever's USD 5.4 billion open offer to buy 22.52 percent stake in its Indian arm Hindustan Unilever begins June 21. Unilever sai... The Government is likely to come up with clarification and simplification of FDI guidelines especially in multi-brand retail trading as the Commerce, ...
Services exports for April 2013 stood at USD 12.84 billion, up 22.5 per cent over $10.48 billion reported in corresponding period of last fiscal, acco... Congress chief Sonia Gandhi's pet food security bill is not getting delayed and will be passed soon, Food Minister K.V. Thomas said after Prime Minist...   A benchmark index of the equities markets rose nearly 80 points in early trade on Monday as funds and investors made selective buying ah...
Air India will soon resume direct services to some East African nations to grab a share of the steadily growing traffic between India and Africa on ac...   Emirates has announced an upgrade of its service from Dubai to Los Angeles with the introduction of an Airbus A380 starting Dec 2. Th... Even before I completed my education, I was sure that the corporate carousel was not for me. Immediately after completing my post graduation in Econom...
WASHINGTON: Ahead of US Secretary of State John Kerry's official trip to India later this month, two top American bodies announced to launch "All... NEW DELHI: Shipping Corporation of India (SCI) today said its Director ( Finance) B K Mandal will continue to hold the additional charge of Cha... BANGALORE: Tech Mahindra has announced a new chief financial officer,Milind Kulkarni, who will take over fromSonjoy Anand, who has resigned. The ...
NEW DELHI: The government is understood to have appointed S K Roy as the Chairman of Life Insurance Corporation of India (LIC).  Roy... NEW DELHI: Global steel giant ArcelorMittalon Friday said its executive vice president, member of the management committee and head of strategy,&... VADODARA: Tea Board Chairman MGVK Bhanu has said the board will unveil a 'sustainability code' for the industry on July 11, and redefine the...
NEW DELHI: In a significant move, government plans to do away with variable cost as a criteria in bidding for new power projects where devel... NEW DELHI: After finding that somecompanies are selling fertilisers at higher rates despite fall in prices, the governmenthas di... KOLKATA: State-owned monopoly minerCoal IndiaBSE 0.66 % is seriously considering acquisition of two Australian companies for over $4 bi...
NEW DELHI: As Biju Janata Dal gears up for elections in 2014, Odisha's chief minister Naveen Patnaik is pushing for work to begin on the big-ticket&nb... Hoping that an India-Israel Free Trade Agreement (FTA) would be signed "in the coming months", the Israeli ambassador Thursday said the agre... Facing opposition from allies and the opposition, Prime Minister Manmohan Singh Thursday deferred a proposal to bring in the food security bill throug...
  The government will initiate a number of reforms such as lifting the cap on foreign direct investments in the coming weeks to spur growt...   Rival Indian IT bellwethers Infosys and Wipro Thursday announced salary increments and wage hikes for their employees based offshore and... SURAT: Madhav Lal, secretary in ministry of micro, small and medium enterprises (MSME), government of India has said the manufacturers in the diamond ...
Small and medium enterprises (SMEs) have been the backbone of the Indian economy. That is both a good and a bad thing. The good part first. Em... In 2011, when telecom operator Aircelwanted to launch a digital campaign for its "Save Our Tigers" initiative, it turned to a little-kn... TOKYO: Honda Motor Co Ltd said on Friday that it plans to begin production of hybrid vehicles in China within the next three years.  ...
DUBAI: Oman has focused on India's thrivingeconomy as part of its strategic vision to develop new partnerships and attract inwardinvest... NEW DELHI: India's refined palm oil imports hit a record high in May by jumping 47.5 percent from a month ago, a leading trade body said, pushing tota... BANGALORE: Indian Space Research Organisation has now scheduled the launch of the country's first navigation satellite for July one after re...
MUMBAI: Quietly, and hidden from the public glare after the recent CXO level changes inBritannia IndustriesBSE 0.97 %, low-profile chairman Nusli... MUMBAI: PC maker Dell on Thursday named Alok Ohrie as the President and Managing Director of its India operations.  India is strateg... MUMBAI: Motilal Oswal Private Equity on Thursday appointed Sharad Mittal as the head of its real estate business. P...
MUMBAI: Cyrus Mistry, chairman of the $100-billion Tata Group, is set to alter the very discourse on affirmative action in the private sector, by... NEW DELHI: Delsey, a French luggage manufacturer, has chalked out an aggressive expansion plan to triple its business in India in two years and may se... NEW DELHI: Facing stiff competition from western and Chinese manufacturers, the Indian solar industry has been warned by the government that the pro...
Sequentially, the domestic pharma industry staged an improvement for the month of May. According to data compiled by PharmaTrac, at 9.9%, the gro... KOLKATA: The Public Enterprises Selection Board (PESB) has shortlisted Mr P Madhusudan as the new chairman and managing dir... With an aim to arrest the Rupee volitality, the Reserve Bank of India (RBI) has recently raised the limit for online value of per export transaction u...
  Growth in India is projected to rise to 5.7 percent in the 2013 fiscal year and firm to 6.5 percent and 6.7 percent in FY2014 and FY2015... The National Association of Software and Services Companies (NASSCOM) will fund and incubate 25 start-ups to be set up by young entrepreneurs across t... In the wake of volatile IIP growth performance over the past many months, the recent months rebound in IIP growth is inspiring, said Suman Jyoti Khait...
MUMBAI: The Small Industries Development Bank of India (SIDBI) today entered into a pact with Onicra Credit Rating Agency to facil... TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Thursday that the financial markets will gradually calm down, re... JERUSALEM: Describing India as a long-standing strategic partner in fight against terror, Israel has said that it will "not do anything that coul...
"We have had some discussions with each other. We will be looking at brown field projects in countries like North & South Sudan, Tunisia and ... WASHINGTON: Observing that the US sees great value in integrating India into the Asia-Pacific architecture, a top Obama administration offic... CHENNAI: State-run Indian Bank and United India Insurance Company (UIIC) have joined hands to launch a webportal offering online entry and r...
MUMBAI: When Hindustan Unilever's executive director HemantBakshi went for a 'complimentary' hair cut last week, he came out of th... NEW DELHI: Philips has entered into global distribution agreement with Delhi based Key Operation & Electrocomponents (KORE), which would... MUMBAI: Direct selling company AmwayIndia Enterprises on Wednesday said it plans to invest Rs 400 crore in the first phase of new man...
MUMBAI: The capacity addition by NTPCBSE -1.19 % this financial year has made it stand out among major power generating companies, which are... NEW DELHI: The Appointments Committee of the Cabinet (ACC) has cleared the name of MoyukhBhaduri for the post of Chairman and Managing ... NEW DELHI: India's steel capacity has gone up by 36 per cent to 90 million tonnes a year between 2009 and 2012, Steel Minister Beni Prasad V...
Hailing the Notification permitting export of imported goods to Iran with 15 percent value addition, the apex exporters body, FIEO, sai... Bihar moved a step closer to Chief Minister Nitish Kumar's dream of a Metro train service in Patna with the state cabinet Tuesday approving the propos...   Top officials of the UAE have held discussions with their counterparts from Iran, South Korea and the southeastern European republic of Koso...
SURAT: Hundreds of people from the Diamond City's trade and industry converged on Veer Narmad South Gujarat University's (VNSGU) auditorium to partici... NEW DELHI: Government has offered incentives for exports to Iran, the trade ministry announced, a step industry officials said on Tuesday could doub... MUMBAI: The value of Indian exports to Iranis expected to touch USD 6 billion in 2013-14 from the present USD 4.5 billion, according to apex expo...
These are part of the recommendations made by a Sebi-appointed panel. The rupeehit a record low of 58.17 against the dollar on Monday, escalating... NEW DELHI: Italian luxury firm Bulgari is in the process of finalising a local partner for its proposed reentry into I... COIMBATORE: With more and more apparel units addressing the issue of child labour, global buyers like Walmart and Zarahave preferred to...
COIMBATORE: Textile sector is expected to bag additional orders worth around Rs 17,500 crore as global brands have expanded their sourcing of merchand... NEW DELHI: Finnish Energy companyFortum today said it has acquired a solar power plant in Rajasthan but did not provide financial detai... NEW DELHI: Energy-hungry India is in talks to buy as much as 20 million tonnes a year of liquefied natural gas or LNG but price of over $ 10...
NEW DELHI: IL&FS Engineering today said it has received a Rs 266.50 crore contract for construction of elevated viaducts for the Rapid Metro Rail ... NEW DELHI: Tata SteelBSE -1.05 % Odisha's Rs 22,800 crore project financing loan is the largest project financing loan on record, global dea... Reacting to Indian Rupee hitting life time low against US Dollar on Monday, the apex export body - FIEO sa...
The Delhi government Monday decided to set up a trade board to address the issues of traders in the capital. This was decided in a meeting between ... Declining export share of manufactured goods from 89.1% to 74.2% during last two years has become the cause of concern both for the exporters as well ... The United Arab Emirates (UAE) and Macedonia have agreed on initiating, at the earliest, negotiations on agreements on double taxation avoidance, the ...
Organic has been the buzzword in the food industry for the past few years now, yet even in a metropolitan city like Delhi, it was difficul... TOKYO: The Bank of Japan said Tuesday the economy was "picking up" and held off ramping up April's huge stimulus scheme,... LUCKNOW: The Sahara India group has announced adoption of 1,000 villages for all round development under its Vedas project. Chairman, Sahara India g...
NEW DELHI: Industry chamber CII today said its President Kris Gopalakrishnan, who is leading a CEOs delegation to London, today met U... NEW DELHI: Tata SteelBSE -3.25 % has appointed former SBIBSE 0.11 % Chairman O P Bhatt as additional non-executivei... BANGALORE: The Indian arm of the world's largest software company, Microsoft, named its head of enterprise business as managing director, replacin...
NEW DELHI: German fashion and lifestyle company s.Oliver today said it will invest 20 million euro (over Rs 150 crore) to set up 200 point... KOLKATA: French luggage maker Delsey is evaluating the possibility of a manufacturing base in India.  "India is an important country fo... KOLKATA: Six companies, Reliance Industries Ltd, ONGCBSE -1.93 %, Indian Oil CorporationBSE -0.43 %, GAILBSE 0.59 %,Essar and...
MUMBAI/HONG KONG: China's state-owned Shenhua Group Corp Ltd and Aditya Birla Group are among the companies considering bids for R... KOLKATA: Encouraging results from the first round of exploration at Coal India'sMozambique coal blocks have prompted the company to embark... KOLKATA: The plunge in rupee value will provide much needed respite to domesticsteel companies which are struggling in the face of sh...
HYDERABAD: US based investment firmOaktree Capital Management has acquired a majority stake of 60% in the Hyderabad headquartered pharmaceutical ... BERLIN: Germany's BMW said sales of its luxury-brand BMW vehicles rose by 7.8 per cent in May to 139,161, outpacing delivery gains of rivals... DUBAI: Standard Chartered plans to expand its transaction banking business to captureglobal trade flows that are increasingly...
NEW DELHI: Max Healthcare, a part of business conglomerate Max IndiaBSE -2.56 %, has promoted its Chief Executive OfficerAjay Bakshi as Mana... NEW DELHI: Diversified firm Dharampal Satyapal Group (DS Group) expects its revenues from the confectionery business to ... ABUJA: An Indian firm will set up the biggest hydroelectric power project in energy-starved northern Nigeria to generate 35 megawatts of electricity.&...
ISLAMABAD: An Indian power consultancy firm has offered its services to the Pakistan government for the generation of cheap electricity at a time when... KOLKATA: The state-controlled Coal India LtdBSE 0.02 % (CIL) is poised to join the league of companies with Rs 100,000-cro... KOLKATA: SAILBSE -0.27 % hopes that steel price will improve during the current fiscal.  "Steel prices have bottomed out and th...
NEW DELHI: State-owned National Aluminium CompanyBSE -0.46 % (Nalco) will add an additional one million tonnes per annum (MTPA) capacity b... KOLKATA: Steel Authority of IndiaBSE -0.36 %(SAIL) and Rastriya Inspat Nigam Ltd are the only two bidders for iron-ore minor NMDC's 5... WELLINGTON: Hobbits, elves and dragons appear to be luring tourists to New Zealandas fans await their first glimpse of the second movie in 'The H...
The Federation of Indian Export Organisations (FIEO) and the Japan External Trade Organisation (JETRO) have agreed to jointly promote business ties be... India, China and seven other countries have received fresh six-month waivers from the US State Department on Iran sanctions for agreeing to reduce pur... The Directorate General of Foreign Trade (DGFT), which had recently launched e-BRC, an initiative to reduc...
Helping businesses work online, Zoho - an online IT management and software maintenance and support services provider, has announced the launch of thr... Noted ecologists and green activists Wednesday cautioned the government against aiming 8-9 percent GDP (gross domestic product) annual growth at the c... Labour ministers from Italy, France, Germany and Spain will meet in the Italian capital for talks on jobs, ahead of a European Union summit later this...
Uptown Treehouse is a seven-person company, based in Los Angeles, that creates social media campaigns for media and product companies. J... WASHINGTON: Leading US businessgroups on Monday urged President Barack Obama to take action against what they said were "unaccepta... NEW DELHI: Investments from Japan into India are compensating for the widening trade deficit between the two countries following implementat...
MUMBAI: Fiscal deficit is clearly coming under control, Montek Singh Ahluwalia, deputy chairman of the planning commission, said on Thursday. ... HYDERABAD: Deccan Chronicle Holdings Limited (DCHL) today said it has reported Rs 14.82 crore net profit for the quarter ended March 31, 2013.  ...   Till about a few years back, retailers wanted mannequins that were more realistic, had body (read fat) and features of an average Indian...
BANGALORE: Leading watch manufacturerTitan IndustriesBSE -0.83 % has recorded sales of Rs 10,009.05 crore for 2012-13, registering a growth of ... KOCHI: The Coir Board, which is targeting a Rs 3,000 crore sales turnover from the domestic market during the 12th Plan period, has drawn up a ne... MUMBAI: Goldman Sachs has invested additional $135 million in ReNew Power, raising its total investment in the company to $385 million and...
MUMBAI: Larsen & Toubro plans to bid for hydrocarbon projects worth $3 billion outside India in 2013-14 to compensate for the slowdown in the lo... NEW DELHI: The oil ministry has proposed to the Cabinet to approve gas pricing formula recommended by the Rangarajan committee for less than... KOLKATA: The Cabinet Committee on Economic Affairs may decide on coal price pass-through mechanism on June 7.  "The CCEA is mee...
MUMBAI: Led by tin, select copper, brass and aluminium prices moved up at the non-ferrous metal market here today on stockists buying amidst... "The company has started the process of divesting its primary care chain in Hong Kong, Quality Healthcare, and some leading hospital chains and f... AHMEDABAD: Drug maker Cadila HealthcareBSE -4.42 % on Wednesday said that its new chemical entity (NCE), Lipaglyn , has been appro...
NEW DELHI: Swedish drug firm Meda AB, which has been reported to be in discussions with Sun Pharmaceutical IndustriesBSE 1.91 % for a... The cabinet Tuesday gave the go-ahead for the conciliation process with the Vodafone Group, Finance Minister P. Chidambaram said. "There was a... The union cabinet Tuesday approved a bill to set up a real estate regulator, an official source said after a meeting in the national capital. It wa...
US construction spending rose less than expected in April, boosted mainly by higher outlays on private pro... Do you want to grow your small business? Whenever I ask this question to a small business owner, most of the time the answer is an emphatic "YES&... BANGALORE: The government is planning to set up a dedicated fund to provide grants for mobile technology ventures that develop solutions for e-governa...
TOKYO: Japan's Prime Minister Shinzo Abewill outline the "third arrow" of his economic growth plan Wednesday, which will include plans ... NEW DELHI: Aiming to "unlock" the potential of their partnership, India and New Zealandon Tuesday decided to speed up the process for e... MUMBAI: The Blackstone Group is in advanced talks to buy a business park in India's financial capital Mumbai for about 10 billion rupees ($1...
NEW DELHI: Country's largest software services firm Tata Consultancy ServicesBSE -0.19 %, today said it has been named one of the 'Top 10 compani... MUMBAI: HSBC Global Asset Management today said it has appointed Sanjiv Duggal as the Head of Asian and Indian equities.  ... NEW DELHI: Hindustan ZincBSE 0.61 % today said Sujata Prasad, Joint Secretary and Financial Adviser to the Ministry of Mines, has been ...
NEW DELHI: Jaypee Sports International Ltd(JPSI) on Tuesday said it has signed up Spanish sports and lifestyle brand KELMEas the official su... MUMBAI: Royal Bank of Scotland, the British bank hobbled in India, is hiring ex-CitibankerSanjeev Vohra from the Philippines to run its redefin... Although there are now many global CEOs in the $1 salary club, they earn their rewards through stock options and other extras. Oracle's founder ...
MUMBAI: Hindustan UnileverBSE -0.11 % now owns ten Rs 1,000-crore plus brands after Dove, Pond's and Clinic Plus crossed the mark in annual ... KOLKATA: BataBSE -0.65 % India, the country's largest footwear maker, will roll out a chain of ladies footwear stores across the country wit... CHANDIGARH: Textile major Nahar Grouptoday said it will invest Rs 1,500 crore in ramping up its spinning and denim capacities in Punjab...
NEW DELHI: The government is likely to launch the tenth round of auction under New Exploration Licensing Policy (NELP) this fiscal, Oil Minister M V... SINGAPORE: Bharat Petroleum Corp Ltd(BPCL) is seeking a July reformate cargo, shortly after it bought a June gasoline cargo, its first purchase t... SRINAGAR: Essar Steel, a subsidiary ofEssar group, today said the environment inKashmir was conducive for investments but the...
NEW DELHI: The Coal Ministry has askedWest Bengal Mineral Development & Trading Corporation to furnish bank guarantee (BG) with regard to a... NEW DELHI: Fourth-largest iron oreproducing state expects to raise production by a third to about 37 million tonnes this fiscal year, even as min... India Monday rejected allegations of exporting counterfeit drugs, saying those are desperate attempts by some countries to malign its flourishing phar...
The government may take more steps to reduce gold imports such as banning sale of gold coins by banks. ... A true reflection of the exponential growth in bilateral trade of the two countries, from just USD 7.6 billion in 2003, to USD 66 billion last year, w... The Reserve Bank of India Monday extended the validity period of the in-principle approval it will give a promoter for setting up a bank from one year...
A benchmark index of the equities market Tuesday rose nearly 113 points in early trade after two sessions ... Mobile handset company Karbonn has tied up with Vodafone India to offer internet plans service to its customers, who will buy Karbonn's flagship devic... Investissement Quebec, the economic development agency of the government of the Canadian province of Quebec, is working to attract European investment...
KOLKATA: Steel Authority of India Limited (SAIL) achieved best-ever May performance by registering a growth of 11% in productionof sa... KOCHI: A cloud-technology based social decision-making platform, a device to convert normal TV set into smart TV and a 'gesture-based' touchless inter... JOHANNESBURG: An Indian provider of digital television technology is aiming to establish a foothold in Africa, entering the annual Satcom Afric...
NEW DELHI: Getty Images, one of the world's leading digital media companies has appointed Nitin Lakhotia as Director, India.  Accord... BANGALORE: S Ravind, Outstanding Scientist, has been appointed as Director of Bangalore-based Electronics & Radar Development Establishment (... MUMBAI: Companies are leveraging onnetworks for high-potential womenexecutives as well as in-house programmes to nurture women w...
NEW DELHI: FMCG firm CavinKare today said Mauritius-based private equity firmChrysCapital has invested Rs 250 crore in it for an undi... MUMBAI: Debt-laden offshore drilling and oil field service provider Aban OffshoreBSE 1.03 % is planning to raise more than 4,500 crore throu... NEW DELHI: Lanco Infratech today said it has bagged orders worth Rs 3,293.9 crore from Gujarat Industries Power Company Limited for civil wo...
NEW DELHI: Jindal Power and IL&FS Energy Development Company have individually evinced interest to partner NMDC in setting up a 2X250 ... NEW DELHI: Tecpro Systems, an engineering, procurement and construction (EPC) firm, today said it has bagged a Rs 227 crore order from Mahanadi Coal... NEW DELHI: India's economic developmenthas led to worsening of air quality in majorIndian cities, according to a new study published here today.&...
NEW DELHI: Welspun Corp today said it has decided to solely focus on pipe andplates business and all its other units will be demerged i... NEW DELHI: The commerce and industry ministry on Monday strongly defended the domestic pharma industry, blaming 'vested interests' for questioning t... MUMBAI: Aditya Birla group-owned Idea CellularBSE 1.81 % is in discussions with its second-largest shareholder, Axiata of Malaysia...
Uncertainty is still lingering among industry players regarding the country's business prospects, a survey... Exports of cotton yarn from the country are estimated to rise 7.7 percent to 1,150 million kg in the current fiscal, driven by higher output and risin... Keeping in view the volatile price trend in global bullion market, the government has raised the import tariff value of gold to USD 459 per 10 grams, ...
Amidst debate on comparative quality of governance among Gujarat and Bihar, an ASSOCHAM study found that N... The resilient Indian IT industry hailed the return of its icon N.R. Narayana Murthy as executive chairman of global software major Infosys Ltd Saturda... South Korea posted a trade surplus of $6.03 billion in May as exports grew at a faster pace than the previous month despite the continued devaluation ...
CHENNAI: The Indian Wind Power Association (IWPA) has urged the Union Government to restore the 'Accelerated Depreciation (AD)' scheme for the wi... NEW DELHI: M Ravindran today took over as director-HR of Gail (India) Ltd.BSE 0.83 %A mechanical engineer and a post graduate in manage... NEW DELHI: Indian startup accelerators are now turning to a business model of peace from profits, inviting Pakistani entrepreneurs to particip...
HONG KONG: Goldman Sachs has joined Alibaba Group's $8 billion loan with $500 million in financing, Basis Point reported on Monday... NEW DELHI: The Telecom Ministry is believed to have cleared the name of retiredSupreme Court judge Aftab Alam for appointment as chairman&nb... KOLKATA: Bharat Aluminium Company (BALCO), a Vedanta Group Company has announced the appointment of Ramesh Nairas its chief execut...
NEW DELHI: State-owned HindustanPetroleum Corp Ltd (HPCL) today said K VRao as taken over as the company's new Director (Finance). Rao ... KOLKATA: Swedish household appliance maker AB Electrolux is scouting for a local partner to enter India's television and audio products ... DUBLIN: Swedish cosmetics major Oriflame is planning several initiatives for the Indian market, including development of new products and entering new...
NEW DELHI: Fresh from a change in ownership, Pantaloons Fashion & Retail Ltd will be investing up to Rs 175 crore in the next 12 months on store e... NEW DELHI: The government is ready to split state monopoly Coal India (CIL) into smaller companies that will compete with each other if experts feel t... NEW DELHI: State-run NMDCBSE -0.21 %expects the average price of iron ore in the current fiscal to be around Rs 4,000 per tonne, a little lower t...
NEW DELHI: Lanco InfratechBSE -0.64 %plans to raise Rs 1,000 crore this fiscal by selling non-core assets across wind, solar and road segments as... NEW DELHI: The slowdown may have taken away the excitement in car showrooms, but there is a lot of action for the number four slot.  In May, i... NEW DELHI: Drug major Sun Pharmaceutical IndustriesBSE -1.59 % is said to be in talks to buy Sweden's pharma firmMeda AB in a deal wort...
The Indian economy grew by a sluggish 5 percent in the financial year ended March 31, 2013, official data showed Friday. According to data released... Emphasizing that India and Thailand stand to benefit from increased trade, the prime ministers of both countries Thursday directed their respective co...   In order to counter the provisions of European Union Timber Regulation (...
Indian tea exporters would get greater value realisation if they concentrate on exporting to those countries which prefer high quality tea, the Tea Bo... Improved food sufficiency and nutrition, less alcohol consumption and greater school attendance are some of the benefits of the direct cash transfer s...   Pitney Bowes, a global leader in mail-stream and document management solutions, introduces a new generation of high-speed digital franking m...
Treaty/MOUs signed during the Visit of Prime Minister Dr. Manmohan Singh to Thailand (30-31 May, 2013) 1. TreatyBetweenThe Republic of IndiaandThe ... An early-stage investor who has backed over half a dozen companies including mobile services venture ZipDial and business software maker Hotelogix, Su... Making machines talk to each other is proving to be smart business for a Chennai-based technology venture that uses wireless communication to build a ...
MUMBAI: Auto major Mahindra and MahindraBSE -2.99 % today said its Executive Director and Group Chief Financial OfficerBharat Doshi&nbs... NEW DELHI: An Indian supplier of belts that were recalled for being radioactive accused British online fashion retailer Asos Thurs... Experts and competitors feel that consistent focus on premium positioning has helped the brand gain sales traction. Clothing Manufacturers Associa...
PANJIM: Japanese bike major Yamahaplans to take the made-in-India brand global. The company has decided to develop and manufacture 'global mode... MUMBAI: Lenders have restructured the Rs 14,500-crore loan to Reliance Power's Sasan project. The repayment schedule has been extended to March ... NEW DELHI: The Indian government will hold talks with a SAIL-led consortium of steel and mining companies to ease their entry into...
NEW DELHI: State-run refiner Indian Oil CorporationBSE 0.64 % (IOC) aims to raise its high sulphur crude processing to 67 percent of its tot... Cancer care provider HealthCare Global Enterprises has acquired a majority stake inBangalore Assisted Conception Centre, a leading provider ... NEW DELHI: BhartiAirtel, India's largest mobile phone company by subscriber numbers and revenues, plans to sell minority stakes in its landl...
Prime Minister Manmohan Singh Thursday concluded his three-day visit to Japan. He will arrive in Bangkok later in the afternoon. The prime minister... Paris-based think-tank, the Organisation for Economic Co-operation and Development (OECD), Wednesday has projected that India probably surpassed Japan... It is very important for the country to build a strong economy which will help fetch respect globally, Uni...
Terming the visit of Indian Prime Minister Manmohan Singh to Japan as "extremely successful", Foreign Secretary Ranjan Mathai said Wednesday... Manjushree Technopack Ltd-- a fast growing manufacturing company dealing into PET bottle & preform  has registered a growth of 17 percent in ... French President Francois Hollande has said the European Commission (EC), the executive body of the European Union (EU), cannot "dictate to Franc...
MANILA: The Philippines economy expanded 7.8 percent in the first quarter, the fastest pace since 2010 and outpacing China, led by growth in serv... MUMBAI: Telecom major Bharti Airtel today said it has appointed Ashok Ganapathy asthe Hub CEO of its operations in Maharashtra, Goa and Gujarat.&... NEW DELHI: State-owned Airports Authority of India ( AAI) Chairman V P Agarwal has been appointed as vice president of the Regional B...
NEW DELHI: State Bank of India (SBI) chairman Pratip C Chaudhuri is expected to get an extended two year term even as two other financial ... The global business of Jaguar Land Rovercontinued to play a big role in Tata Motors' financial performance in the March quarter, overshadowing th... CHANDIGARH: Japan's electronic majorPanasonic has plans to invest Rs 520 crore at Model Economic Township at Jhajjar within n...
As many as 1.2 billion people - almost the population of India - don't have access toelectricity and 2.8 billion have to rely on wood or other bi... MUMBAI: It could well turn out to be a windfall gain for Tata Steel in the UK. With the loss-making operations of Tata Steel Europe still re... MUMBAI: Private equity funds IL&FS and Kotak Private Equity are looking to exit Bangalore-based machine tools maker BFW, an investment b...
NEW DELHI: A Group of Ministers ( GoM) has cleared the formation of an independent coal regulatory authority to oversee the sector and ... NEW DELHI: A ministerial group approved a draft bill on Wednesday to set up a coal regulator, coal minister said, in a step towards better s... NEW DELHI: US business leader and philanthropist Bill Gates met Planning Commission deputy chairman Montek Singh Ahluwalia&nb...
NEW DELHI: Paris-based eye care majorEssilor today said it is looking at 25 per cent growth in business in India for 2013 and will add nearly 300... MUMBAI: The Mafatlal Group has decided to merge its subsidiaries Mafatlal Denim (MDL) and Mishapar Investments into Mafatlal ... Prime Minister Manmohan Singh Tuesday acknowledged that there are difficulties with some state governments over the implementation of the Goods and Se...
Country's current account deficit, which was around 5 percent of the country's gross domestic product (GDP) last fiscal, is expected to decline to 4.5... Stressing the need for defence and strategic cooperation between Japan and India, Prime Minister Manmohan Singh said Tuesday put forward a three-step ... India's progress came up for discussion when a panel at the African Union deliberated upon the UN's Human Development Index. The Human Development ...
In order to push exports, the Government has revised the financial ceiling for reimbursement of grant unde... BANGALORE: Tandem Capital, a startup accelerator from Silicon Valley that backs mobile technology ventures, is launching operation... NEW DELHI: Industry chamber Ficci Past President R V Kanoria is leading a 21-member business delegation to Morocco, a North African nation, ...
KOLKATA: The CESCBSE -0.36 % board on Tuesday appointed Sanjiv Goenka, the younger son of late Rama Prasad Goenka, as the chairm... NEW DELHI: Fujitsu Consulting India, an ITservices consulting arm of Fujitsu Group has appointed Jaswinder Sohal as ... NEW DELHI: Isuzu Motors India today said it has appointed Takashi Kikuchi as its Managing Director to lead the company's drive i...
Drug major Sun Pharma, the most valuable pharmaceutical company in the country, remains an attractive investment opportunity in the sector despite... KOLKATA: The next time you want to buy a diamond-studded jewellery, you may have to shell out more, courtesy rising roughdiamond prices. Rough di... PUNE: Food processing and packaging solutions firm Tetra Pak is betting big on India, specially opportunities in the rural market of the cou...
MUMBAI: Displaying a significant shift in stance from his earlier view, Veerappa Moily, Union minister for petroleum, told ET that the petroleum ... KOLKATA: Coal IndiaBSE 1.16 % (CIL) has increased prices by 4.7% on average, a move that power producers say is likely to lead to an increas... CHENNAI: Government-owned Neyveli Lignite Corporation has lined up Rs 29,000 crore of investments during the 12th Plan period -- 2012-2017...
NEW DELHI: State-owned Hindustan Petroleum Corp Ltd (HPCL) has approached global energy giants like Total SA of Franceand BP plc&n... NEW DELHI: The government today said it is examining 2-3 models suggested by the Planning Commission and the Finance Ministry on having PPP ... NEW DELHI: For the first time government will auction coal blocks by June-end and seven explored mines will be up for grabs for companies ot...
MUMBAI: The Indian Medical Association(IMA), that represents medical practitioners, has asked the Drug Controller General of India (DCG... MUMBAI: More than two years after theAndhra Pradesh government put the squeeze on micro-finance institutions in an effort to curb their usurious ... NEW DELHI: Walmart Stores Inc, the world's largest supermarket, looks set to become the first foreign company to invest in multi-brand retai...
Extension of interest subvention will give a boost to the Micro, Small and Medium Enterprise (MSME) export...   The government is expected to come up with report for accelerating manuf... In order to push exports, the Government has revised the financial ceiling for reimbursement of grant unde...
Prime Minister Manmohan Singh landed in Tokyo Monday saying that there were "enormous potentialities&... In a bid to curb demand for gold, the Reserve Bank has imposed restrictions on banks and NBFCs for providi... Public sector Coal India Limited (CIL), the world's largest miner of coal, Monday announced a 34.89 percen...
TOKYO: India today dismissed reports that it had adopted a go slow policy on its relations with Japan in order not to annoy China and said New Delhi... NEW DELHI: Reeling under severe financial sanctions, Cuba today sought India's help in exploiting its vast natural resource base and as we... NEW DELHI: Industry chamber CII is leading a business delegation to Tokyo to participate in India-Japan Business Leaders Forum, to be held on May 29...
DUBAI: Seeking to boost mutual cooperation, India and UAE discussed the possibility of early conclusion of an investment protection pact during the vi... MUMBAI: Britannia IndustriesBSE -0.58 %, the country's leading biscuit maker, on Monday said Chief Operating Officer Varun Berry&n... MUMBAI: Bata, a household name in the footwear market, is diversifying its business in accessories categories like sunglassesand scarves&n...
NEW DELHI: Kolkata-based FMCG firm Emami today said its Navratna Cool Talc has entered the list of its brands with Rs 100 crore turnover.&nb... HYDERABAD: State-owned oil companyHindustan Petroleum CorporationBSE 1.01 %(HPCL) has teamed up with public sector gas company Gas Authority of... KOLKATA: State-owned CIL will raise coal prices by an average of 10 per cent on lower grades with effect from tomorrow, a move which may lea...
Before his departure on a three-day visit to Japan, Prime Minister Manmohan Singh Monday, in a statement, said that he proposed to invigorate India's ... Finance Minister P. Chidambaram met Abu Dhabi crown prince Gen. Sheikh Mohamed bin Zayed Al Nahyan to discuss bilateral relations between the UAE and ... Prime Minister Manmohan Singh has said that low investments, particularly in infrastructure sector, have b...
The government has aimed to make India a major design hub for exports by producing 15,000 topdesigners in five years, Commerce and Industry Minis... Indian External Affairs Minister Salman Khurshid Saturday discussed bilateral issues, including the Nitaqat law, with his Saudi Arabian counterpart Pr... China has said it will discuss recent trade frictions with the European Union (EU) in Brussels next week. ...
NEW DELHI: The share of Micro, Small and Medium Enterprises (MSME) is expected to increase up to 50 per cent in India's total exports in the... NEW DELHI: A sweet craving in the middleof the night while writing this story was rather disquieting knowing that all stores in Delhi that s... BEIJING: China bought as much as 650,000 tonnes of US wheat last week prompted by falling prices, a government think-tank said.  Thi...
India is not competing with China in trade with Africa and is considered a "trusted friend" by the countries of the continent wh... PORT LOUIS: Home to a host of Indian firms and a vast Indian-origin population, Mauritiuswants a larger number of companies from India to come he... NEW DELHI: Seeking to push the long-stalled Doha Round of talks for reaching aglobal trade deal, trade ministers from keyWTO membe...
BEIJING: A high-powered Indian commerce delegation would visit here next week for talks with Chinese officials to discuss initiatives to bro... THIRUVANANTHAPURAM: M Ayyappanhas been given another extension as Chairman and Managing Director of HLL Lifecare by the Government of... AHMEDABAD: Gujarat needs to retain its talent for the growth of Information Technology sector in the state, Confederation of Indian Industry (CII) p...
NEW DELHI/ KOLKATA: Actor couple Kajoland Ajay Devgn may well be cajoling you to buy Whirlpool fridges and washing machines on television, but th... NEW DELHI: Mother Dairy today announced an increase of up to Rs 3 per litre in milk prices in Delhi-NCR region from tomo... LONDON: A British company has clinched deals to export Indian spices back to India. Birmingham-based 'East End Foods' bagged contracts worth around 60...
MUMBAI: England-based Chinese food chain YoYo Noodle plans to invest 25 million pounds (over Rs 210 crore) over the next five years to open as many as... PORT LOUIS: Having established itself as a major fuel retailer in Mauritius, India's leading public sector oil company IOCBSE 1.07 % is plan... NEW DELHI: The coal ministry has recommended Cabinet Committee on Economic Affairs (CCEA) to meet coal demands of 78,000 mw of power project...
KOLKATA: Coal minister Sriprakash Jaiswal, power minister Jyotiraditya Scindiaand finance minister P Chidambaram will meet this ... MUMBAI: Aditya Birla group chairmanKumar Mangalam Birla is turning his private mining company Essel Mining into India's largest developer o... However, they were left with no choice thanks to the "accelerated payment" provision in the gold loan agreement between Winsome and bullion ...
The share of the Indian Micro, Small and Medium Enterprise sector is expected to increase up to 50 percent in nation's total exports in the 12th...     The government has fixed for creation of new employment opportunities for around 32 lakh unemployed youth in the 12th Five Year ... The government has revised guidelines of theMarket Development Assistance scheme as a result of which bigger exporters will now be eligible for ap...
In a bid to promote exports, the government Thursday exempted excise duty on indigenously produced goods s... The European Commission said Thursday that it is working on a proposal to require corporate giants with operations in the European Union to publicly r... NEW DELHI: Seeking to dispel the perception of gloom amid scams and controveries, the UPA today painted a rosy picture of its government's performance...
CHENNAI: The entry of private banks with high efficiency operating models, deployment of integrated technology platforms, new risk paradigms and above... THIRUVANANTHAPURAM: In a rare philanthropic gesture, a start-up incubator by a team of engineering students from National Institute of Technology (NIT... The rising demand for young internees across large corporations and startup firms is spawning a number of new ventures that link prospective employers...
TOKYO: Toshiba Corp and US private equity firm Kohlberg Kravis Roberts & Co (KKR) are among those expected to bid forPanasonic Corp... NEW DELHI: India and Australia today signed an agreement for skill development in the agriculture sector.  The Memorandum of Understanding (Mo... NEW DELHI: With an aim to boostpharmaceutical exports to the European Union, the government today said it has issued new guidelines to compl...
MELBOURNE: Australia and India are "progressing well" on the negotiations between them on Free Trade Agreement(FTA) as the fifth round ... BEIJING: With Premier Li Keqiang promising to further open up China's huge market to Indian products to bridge the ballooning trade deficit, Tibe... BANGALORE: Geneva-based Global Franchise Architects which runs food brands like Pizza Corner and Donut Bakers is inves...
NEW DELHI: High cost of production and fall in sugar prices are likely to pull down the operating profits of sugar mills in the second quarter of the ... NEW DELHI: Rising awareness of healthy food apart from increase in disposable income has ensured that nearly 62% of households in the upper end segmen... KOLKATA: West Bengal government, which holds nearly 40 per cent stake in Haldia Petrochemicals Ltd through WBIDC, has agreed to provide Rs 1...
NEW DELHI/MUMBAI: Tata SteelBSE 4.24 %Ltd said it expected to take no further charges in Europe and has put no European assets up for sale, fol... MUMBAI: Sluggish demand and higher imports have resulted in the electrical equipment industry registering a negative growth of 8 per cent in... MUMBAI: Wind turbine maker Gamesatoday said it has bagged a contract fromCLP India for supplying 65 Gamesa G97 turbines of 2 MW each at it...
NEW DELHI: The government issued new guidelines on Thursday that require India's drugs companies to comply with the Good Manufacturing Practice (GMP) ... Increasing market access to China is vital for quantum jump in India's exports, Federation of Indian Export Organisations (FIEO), President M Rafeeque... Karnataka's apex industry body Bangalore Chamber of Commerce & Industry (BCIC) has drawn an action plan to revive the state's sagging economy with...
Indian IT bellwether Infosys Ltd Monday said it would appeal against the notice of the income tax department demanding Rs.577 crore as outstanding due... Mark Twain once said that a gold miner is a liar standing next to a hole dug up in the ground. The time has come for financial market participants to ... Paraguay has become the main destination in South America for used cars from Japan, the US and other countries, thanks to new regulations aimed at mak...
WASHINGTON: Even as Apple became the nation's most profitable technology company, it avoided billions in taxes in the United States an... NEW DELHI: Billionaire industrialist Anil Ambani on Monday said business leaders from India and China should enhance Rupee-RMB-Dollar trade&nbs... NEW DELHI: India and China signed three separate agreements on Monday to give access to three of India's exports to address the&nbs...
India and China on Monday signed three deals to step up exports to the Dragon country as part of efforts to address the hugetrade imbalance. I... WASHINGTON: The US today welcomed India's generous bilateral assistance to Afghanistan but remained non-committal on reports about Ka... MUMBAI: National Stock Exchange ( NSE) non-executive vice-chairman Ravi Narain has joined IndoStar Capital Finance as an inde...
The sustained efforts of car manufacturers to surmount the difficult market conditionsthrough new launches and major facelifts for existing model... NEW DELHI: Public sector banks (PSB) are estimated to raise Rs 9.60 lakhcrore in 10 years period ending March 2021 assum... Infrastructure Leasing & Financial ServicesLimited (IL&FS), one of India's leading infrastructure development and financeconglomerat...
CHANDIGARH: Dairy major Nestle India today said it will invest Rs 250 crore on expansion and modernisation of its existing milk plant at Moga in Pun... NEW DELHI: Consumer durables firmElectrolux today said it will enter the Indian water purifier market by June this year with the launch of its pr... NEW DELHI: London-listed Essar Energyplc today said its Mauritius-based unit will buy 2.41 per cent stake in Essar Oil f...
KOLKATA: Imported thermal coal has become a much more viable proposition for domestic power generators in coastal areas, erasing the 30-40% price... NEW DELHI: The department of heavy industries and the makers of electricalequipment makers have chalked out a planto revive the 1.20 lakh ... NEW DELHI: Fertiliser major CoromandelInternational Ltd (CIL) today said it has fully acquired Liberty Urvarak by buying 14.89 per...
MUMBAI: Reliance Infrastructure is in the process of pulling out of mega projects worth 20,000 crore due to inordinate delays by governmen... With special emphasis to give a boost to sustainable development of labour-intensive micro, small and medium enterprise (MSME) sector, the West Bengal... While political consensus on the land acquisition bill, hailed as one of the most important reform measures, has been worked out, civil society activi...
The festering boundary row and issue of trade deficit figure prominently in talks between visiting Premier Li Keqiang and Indian Prime Minister Manmoh... India and Japan Friday agreed to further strengthen investment and trade ties by ensuring faster implement... Prime Minister Manmohan Singh Friday said his government was willing to engage constructively with trade u...
With the Mamata Banerjee government in West Bengal coming up with a draft textile policy to attract invest... A benchmark index of the equities markets gain by nearly 138 points in early trade on sustained buying by ... The Himachal Pradesh government would launch an integrated crop diversification programme to bring additional 3,000 hectares under cultivation of vege...
The United Arab Emirates (UAE) and Algeria have held talks to explore new ways of enhancing bilateral cooperation in areas like industry, investment a... NEW DELHI: The ministries of industry and micro, small and medium enterprises want a reduction in red tape and abolition of the ... As a school boy, Mumbai based Bonnie Fernandes wanted to be a disc jockey and never missed an opportunity to liven up his friends' parties. ...
DUBAI: Seeking to enhance bilateral trade and cooperation, Finance Minister P Chidambaram today held discussions with Qatar's Emir and ... COLOMBO: Indian companies have invested nearly USD 1 billion in Sri Lanka since 2003 and this figure could rise above USD 2 billion in the... NEW DELHI: As negotiations between the Centre and states for a single indirect-tax system, called the goods and service tax(GST), stretched to en...
MUMBAI: When film maker Sridhar Rangayan first launched the Kashish Mumbai International Queer Film Festival, his financing was largely draw... After completing the refinancing, Essar Oil expects its average interest rates to fall to half of the 11.5 per cent that it curren... MUMBAI: SABMiller, the world's second-largest brewer after AB InBev, plans to invest440 crore in its unlisted Indian ...
KOLKATA: FICCI had submitted detailed policy suggestions to the West Bengal chief minister Mamata Banerjee in December 2... NEW DELHI: Despite poor pace of capacity addition in the states like Tamil Nadu,Andhra Pradesh, Karnataka and Maharashtra , India retai... KOLKATA: Top industry bodies have urged the government to lower royalty rates on non-ferrous minerals like zinc and lead, in line w...
MUMBAI: Bhansali Engineering Polymers (BEPL) has formed a 50:50 joint venture withNippon A&L Inc (NAL), which will allow the comp... After a span of 18 years, last week India fundamentally altered the way it regulates prices of essential drugs by shifting to a market-based mech... Giving the great importance to the Khadi and Village Industries programmes, which are the backbone for the...
Trade between India and South Africa is expected to rise to more than $20 billion in the next two to three... Growth in manufacturing sector is the only way to address the concerns of trade deficit, Secretary, Department of Industrial Policy and Promotion (DIP... Demands for gold in India surged 27 percent to 256.5 tonnes in January-March 2013 even though the global d...
The government Thursday tasked the Planning Commission with formulating a draft bill on dispute resolution in public contracts in consultation with al... Rising for the third straight session, A benchmark index of the equities markets on Thursday rose by over 34 points to 20,247.33 to hit a fresh 28-mon... 500Startups, one of the word's largest accelerators, has announced its new international batch, which has 28 startups from about 15 countries in the w...
The rising need for high-quality content at law universities is providing a business opportunity for Mumbai based venture, Rainmaker, which ... TOKYO: Japan's finance minister trumpeted bright economic news on Friday as figures showed firms were ramping up investment in a pos... NEW DELHI: Chief negotiators of India and the EU today held the second round of talks on the stalled free trade agreement on which the discussions had...
NEW DELHI: China has expressed interest to help Indian exporters market their products in that country, industry body Assocham said today.&n... MUMBAI: India's bilateral trade with Canada is expected to grow to $15 billion by 2015 from the present $5.8 billion, Canadian Consul General Ric...   NEW DELHI: Another door has opened for two of India's biggest exports, automobilesand pharmaceuticals, with Iran agreeing...
MUMBAI: Vikram Pandit, the former chief executive of Citigroup who was ousted after losing a power struggle with the bank's cha... NEW DELHI: In a move to give stable tenure to PSU heads, a Group of Ministers (GoM) has approved a minimum tenure of three years for chairman of sta... KOLKATA: Subhrakant Panda, managing director and CEO of Indian Metals & Ferro Alloys (IMFA), has been elected as president of the Inte...
Companies are using conversations onsocial media platforms to shape entry strategies in new markets, address consumer grievances and communic...   Employees are less happy with their jobs today and the task to retain key performers is tougher than before, research by consulting firm M... AHMEDABAD: Denim fabric worth $9 mn from India's largest denim fabric exporter Ahmedabad-headquartered Arvind Ltd is held up at the Petrapole side of ...
NEW DELHI: Berger Paints India today said it plans to expand its distribution network across the country as it aims to almost double its revenues in t... EW DELHI: An empowered group of ministers, headed by defence minister AK Antony, will meet on May 28 to consider re-distribution of scarce natura... NEW DELHI: Vedanta group firm Cairn India will invest $ 3 billion (over 16,000 crore) in the next three years to expand its oil an...
NEW DELHI: Last week's about Re 1 a litre hike in diesel prices will help state-owned retailers to cut losses they make on selling the fuel ... KOLKATA: The West Bengal government today said that it would give Rs 100 crore to ailing Haldia Petrochemicals (HPL) for creating ... NEW DELHI: Prices of 348 medicines, including life saving drugs will be cheaper soon by up to 80 per cent as the new Drug Price Control Orde...
Finance Minister P. Chidambaram Wednesday left on a three-nation visit to UK, France and Qatar, in a bid to sell the India-growth story and woo overse... Paring early losses, the Bombay Stock Exchange (BSE) benchmark Sensex on Thursday rose by 54 points in the late morning trade on fresh buying mainly i... The Eurozone's gross domestic product contracted 0.20 percent in the first quarter of this year, compared to the prior three-month period, while the E...
Koramangala based JaMocha Tech, a software product innovation and solution engineering firm is not just another IT startup coming out of Bangalore. Af... BEIJING: Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.  Sales of Hello Kitty dolls and plush ... NEW DELHI: Talks between India-EU chief negotiators on FTA today got stuck with the European bloc making clear that the pact cannot proceed ...
SINGAPORE: India today sought investments from Singapore in the proposed national investment and manufacturing zones (NIMZs), which are integrated ind... KOCHI: Exports of Coir and Coir products from India in 2012-13 registered an all-time high record of Rs 1,116 crore, an increase of Rs 64 crore from... SINGAPORE: India today sought investments from Singapore in the proposed national investment and manufacturing zones (NIMZs), which are integrated ind...
NEW DELHI: Handicraft exports jumped 13 per cent to $ 256.8 million in April this year, despite sluggish demand in European markets, accordi... Who understands women better than women? Four companies are taking that thought and moulding an internal women's grouping that is a win-win. Each ... BANGALORE: Technology executive Ravi Gururaj is leaving software maker CitrixSystems to launch an incubation centre forcloud comput...
KOLKATA: DPSC Ltd, one of the oldest and power utilities in India, has appointedSiddharth Mehta as its chief executive officer for its genera... Bankers and fund managers say private equity investment in Indian infrastructure could pick up, leading to better prospects for growth. ... MUMBAI: Private equity fund Barings Private Equity Asia will purchase a 14% stake in cement-maker Lafarge India for $256 million ( 1,400...
NEW DELHI: The slowdown in Indian consumers' discretionary spend is impacting chocolate sales, but it hasn't changed people's love for "meetha&qu... NEW DELHI: Diageo Plc's Rs 5,441-crore open offer for acquiring 26 per cent stake in Vijay Mallya-led United SpiritsBSE -1.29 % has come a c... NEW DELHI: Betting big on audio products, computer peripherals maker Logitech today launched a new-line of such devices in the price range...
PUDUCHERRY: State owned Cooperative Milk Producers Union, popularly known as `PONLAIT` has drawn up plans to modernize its milk chilling plant he... MUMBAI: French cement major Lafarge today said it will raise 200 million euros from BaringPrivate Equity Asia by selling a 14 per cent stake in i... To make the Micro, Small and Medium Enterprises (MSMEs) aware about the major schemes of the government, t...
Union Finance Minister P. Chidambaram Tuesday said he would set up a cell in his office to monitor and resolve the issues for speedy completion of the... In the backdrop of falling inflation, the Reserve Bank of India should consider cutting key rates in its upcoming monetary policy review, a move that ... Export of mangoes from the country to US is expected to touch a record level of about 500 tonnes this year, according to estimate made by government b...
A benchmark index of the equities markets Wednesday rose over 158 points in early trade on sustained buyin... Air India will Wednesday resume domestic commercial operations of the reinstated Boeing-787 Dreamliner and... Abu Dhabi has been named among the top 100 busiest global destinations for meetings, in the International Congress and Convention Association (ICCA) r...
HONG KONG: HSBC said on May 15 that the bank would target an additional $2 billion to $3 billion in cost savings between 2014 and 2016, as t... NEW DELHI: Reacting with alacrity to the change of guard in Pakistan, India has urged the establishment there to take forward theIndo-Pak Free Trade A... KOLKATA: Import of vegetable oil during November 2012 to April 2013 is reported at 552279505 tons compared to 4714963 tons - up by 12%. ...
MUMBAI: Network18 Group today announced the appointment of Ajay Chacko as its Chief Operating Officer.  Network18 Founder and Editor&nb... Eicher Motors has emerged as one of the most sought-after stocks in the Indian automobile sector due to the raging success of Royal Enf... The performance of Dr Reddy's Labs, or DRL, in the quarter to March and its cumulative performance in fiscal year 2013 reinforce the promise this...
MUMBAI: Bhopal-based beverage companySom Distilleries and BreweriesBSE 0.70 %, maker of Hunter beer, is in talks with European investment bank Bryan... AHMEDABAD: Former ParasPharma co-promoter Devendra Patel is back in the Rs30,000 cr personal care market with ... HYDERABAD: Independent power producers, GMR, GVK and Lanco, have shown interest to buy stake in Andhra Pradesh government promoted re-gasi...
NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) today said it has registered its Tripura power unit as a Clean Development Mechanism ... NEW DELHI: Fertiliser industry body FAI today opposed the Oil Ministry move to abolish priority allocation of natural gas saying that... NEW DELHI: The government is likely to allow PSU steel makers SAILBSE 1.05 % andRINL freedom to charter ships direc...
MUMBAI: The damage to India's largest drug major, RanbaxyBSE -0.80 % , translates well beyond the $500 million — which was confirmed... In order to measure the impact of Free Trade Agreements (FTA) on the India's trade, the government is reviewing some of the existing FTAs with other n... Exporters' body FIEO Monday said that focus on emerging economies will help increasing exports from the country. "Fourth straight growth in Ex...
The country's exports in April grew by modest 1.68 percent, but imports were up by 10.9 percent year-on-ye... The National Stock Exchange (NSE) Monday launched the country's first dedicated debt trading platform. ... India has sought more institution level academic collaborations with the US to help build a robust vocational education system through community colle...
China's urban fixed asset investment growth slightly accelerated to 20.6 percent year on year to 9.13 trillion yuan ($147.29 billion) in the first fou... KAMINOKAWA-MACHI: Nissan Motor CoPresident Carlos Ghosn says the yen has fallen to what he called "neutral" levels for the Ja... NEW DELHI: Industry body Assocham on Monday said it expects the new government in Pakistan will help in enhancing trade andecono...
NEW DELHI: Gold imports jumped by 138 per cent to USD 7.5 billion in April, the highest so far this year, pushing up the trade deficit to US... NEW DELHI: Commerce ministry today expressed hope that the formation of new government in Pakistan led by PML-N chiefNawaz Sharif&... MUMBAI: The Reserve Bank of India has begun to shore up its sliding foreign exchange reserves as it bought the US dollars from t...
NEW DELHI: Essar Oil Ltd today said it has appointed Virendra Singh Jain, former Chairman of SAIL, as an independent direct... Reliance Power's earnings for the quarter to March were a little above market expectations as the company received a one-time tax refund, compensati... Low volume growth continued to hurt the performance of MNC foods major Nestle IndiaBSE 0.34 %. Its performance in the quarter to March was charac...
MUMBAI: Medical device company BPL Medical Technologies has secured an equity commitment of Rs 110 crore (approximately $ 20 million) from Gold... NEW DELHI: Consumer durables makerPhilips India on Monday said it is looking to increase local production of personal care products i... NEW DELHI: The government's move to set upNational Bureau of Water Use Efficiency will help in efficient use of water in various sectors and brin...
KOLKATA: Milk and dairy products majorMother Dairy Fruit & Vegetable today announced launch of a new range of products in the Kolkata market.... MUMBAI: Foreign institutional investors (FIIs) that traditionally avoid state refiners are awaiting clarity on the government's divestment in I... MUMBAI: Tata Group flagship Tata Steel has announced a $1.6-billion goodwill impairment charge for the loss of value of   Tata Stee...
NEW DELHI: Britain's largest supermarket chain Tesco Plc has lobbied with the government for change in certain conditions for multi-brand re... Iran is looking for more business with India in non-oil sectors to boost the bilateral trade, said its Con... Congratulating PML-N chief Nawaz Sharif who is poised to return to power in Pakistan, Prime Minister Manmohan Singh Sunday expressed India's desire to...
The Indian government, through the Exim Bank of India, is assisting several African countries in building their physical and social infrastructure tha... More than 50 Indian companies are expected to participate in the 18th Addis Ababa International Trade Fair in Addis Ababa on August 24-September 10. F... The first thing when we hear about coir comes to our mind is traditional items like mats, baskets and ropes, but it is not the case anymore. With t...
A month after gold slumped to its lowest in over 15 months, jewellers are expecting a rise of 15 to 30 percent in sales during the auspicious occasion... Nawaz Sharif was Sunday poised to return to power after a 14-year hiatus and Pakistan was set to make a transition from one democratically elected gov... For 36 years, Mumbai-based Ashok Khewoor was compelled to keep his entrepreneurial aspirations on the buck-burner. A paucity of funds an...
Unlike most undergraduates, Rakesh Nandaand Ankita Desai knew exactly what they wanted to do after their bachelor's degree in mass ... PERTH: Glencore Xstrata will stop work on a planned 35 million tonnes per annum coal export terminal on Australia's Bala... NEW DELHI: With "substantial gap" yet to be bridged in the India-EU FTA, the meeting between their trade ministers will only be schedul...
NOIDA: A delegation from Argentina and Indian Industries Association signed an MoU today to explore joint ventures, technolog... NEW DELHI: The government has imposed 2.5 per cent import duty on various types of scraps - melting steel, stainless steel andaluminium&nb... NEW DELHI: Reliance Industries' billionaire chief Mukesh Ambani has kept his annual salary capped at Rs 15 crore for the fifth year in a row...
NEW DELHI: Offshore-centric IT services major Cognizant has paid its India-origin CEO Francisco D'Souza a pay package of $10.... MUMBAI: PH Ravikumar, a veteran in theIndian banking and finance industry, has been appointed the new Managing Directorof Money ... LONDON: Cambridge-based scientists claim to have developed a new type of 'superwheat' which could boost productivity by 30 per cent.  Scientis...
NEW DELHI: Drug firm Unichem LaboratoriesBSE 1.61 % today reported a 33.57 per cent rise in net profit at Rs 31.03 crore for the fourth qu... LONDON: Cambridge-based scientists claim to have developed a new type of 'superwheat' which could boost productivity by 30 per cent.  Scientis... MUMBAI: Tata Group jewellery brandTanishq plans to open 33 stores and expects up to 27 per cent increase in revenues this financial yea...
KOLKATA: Easing its rigid stance as power demand peaks this summer, power majorNTPCBSE 0.65 % has resumed joint sampling of coal with Coal... NEW DELHI: Rashtriya Ispat Nigam Ltd (RINL) plans to set up a three million tonnes per annum (mtpa) steel plant in Jharkhandinvolvi... NEW DELHI: Five merchant bankers, including ICICI Securities and IDFCBSE -0.45 %, are in race to manage 10 per cent stake sale in Engineers ...
A mega Micro, Small and Medium Enterprises (MSME) conclave, Uttar Pradesh Udyami Mahasammelan 2013, will be held in Lucknow on May 22 with t... The government has set India's export target of USD 325 billion, less then last financial year's target, for the current financial year on the back of... The Reserve Bank of India (RBI) has completed investigations against banks after the expose by web portal ...
A benchmark index of the equities markets Friday gained almost 28 points in early trade on fresh buying by funds and retailers ahead of industrial out... China's consumer price index (CPI), a main gauge of inflation, grew 2.4 percent year on year in April, up ... BHUBANESWAR: From the coming academic session, several engineering schools and industrial training institutes (ITIs) will offer courses in food proces...
SRINAGAR: Reserve Bank of India has asked banks in Jammu and Kashmir to increase the credit-deposit ratio to 40 per cent from pr... Less than 12% of India's rural population have access to liquefied petroleum gas, stymied by a combination of government red tape, poor distribut... SEOUL: South Korea's Hyundai Motor is considering building a fourth car plant in China as it seeks to increase production overseas to counte...
NEW DELHI: Thailand has agreed to retrospectively re-examine rules of origincertificates issued to Indian gold importers after New De... NEW DELHI: Leather exports grew over 4 per cent to $ 5 billion in 2012-13, despite sluggish demand in western markets like Europe.  In 2011-12... NEW DELHI: The government is reviewing the target of $500 billion in exports by March 2014 in view of the global and domestic economic slo...
MUMBAI: SITI Cable, an Essel Groupcompany, today said it has appointed V D Wadhwa as the Chief Executive Officer.  SITI Cable, one of the... MUMBAI: Allied Blenders & Distillers (ABD) today said it has acquired the Bengal-based Wales Distilleries for an undisclosed amount.  Wale... KOCHI: Leading gold loan NBFC Muthoot Pappachan group is launching gold jewelleryaimed at lower income group.  The group throug...
MUMBAI: State-run Oil and Natural Gas Corp (ONGC) and energy major Shell are exploring the possibility of a strategic tie-up to jointly bid ... MUMBAI: The government has allowedGammon InfrastructureBSE 5.59 % to bid for port projects. This is expected to boost the fortunes of the port ... NEW DELHI: An environment panel has recommended that Tata SteelBSE 0.59 % be allowed to expand its production from theSukhinda chr...
The Indian leather industry holds a prominent place in the Indian economy as one of the top ten foreign exchange earning sectors, said  Minister ... India has welcomed the selection of Brazilian diplomat Roberto Azevedo as the new director-general of the ... The government has approved Rs.17,500 crore (USD 3.24 billion) for the Delhi-Mumbai Industrial Corridor (DMIC) project, which is estimated to cost aro...
The well-known venture capitalist, Vinod Khosla along with six other persons of Indian origin and only thr... Over the last decade or so, information technology has taken some giant steps and this exponential growth has changed the way we live and interact wit... The United Arab Emirates (UAE) and Germany have held talks over bilateral cooperation and existing relatio...
DUBAI: Dubai Group will be spun off as an independent company with creditors owning an equity stake after its planned $10 billion ... NEW DELHI: Italy today exuded confidence that its trade with India would double to 15 billion euro by 2015 in view of rising trade between the two c... NEW DELHI: Former foreign secretaryShyam Saran may be appointed as member of a panel headed by economist Vijay Kelkarthat is preparing roadm...
MUMBAI: DPSC, formerly known as Dishergarh Power Supply Company, today said it has appointed Siddharth Mehta as Chief Executive Officer - ... NEW DELHI: Hindustan Unilever today said the $5.4 billion-open offer by its parent firmUnilever Plc to buy 22.52 per cent stake in the company ... MUMBAI: India's apparel industry is likely to grow at about 8 per cent annually and reach Rs 2,74,600 crore over the next three years, credit rating a...
MUMBAI: Electronics major Casio today said it expects its watches business to grow 35-40 per cent this year as it expands its product portfolio with... NEW DELHI: Schneider Electric today launched solar power solutions for residential and commercial applications in India.  "Schn... NEW DELHI: State-owned refiners like IOCBSE -0.62 %, BPCLBSE -0.48 % and HPCLBSE -0.49 % should form a joint venture compan...
GENEVA:India's state-run Hindustan Petroleum Corp Ltd ( HPCLBSE -0.46 %) has bought at least 1 million barrels of NigerianQua Iboe crude oil ... NEW DELHI: Country's coal imports rose by nearly a third to a record 135 million tonnes in the last fiscal year, data from government source... MUMBAI: GMR InfrastructureBSE 0.46 % is in talks with potential investors such as Morgan Stanley Infrastructure Fund, Citigro...
NEW DELHI: Reliance Fresh has draggedBharti Retail to court over what it claims are misleading price comparisons, signaling an escalati... Tamil Nadu Chief Minister J. Jayalalithaa Tuesday announced a series of package for micro, small and medium enterprises (MSMEs), including creation 2,... India's growth story is credible and the government is making serious efforts to control subsidy and addre...
The government Tuesday said it has approved 17 FDI (foreign direct investment) proposals amounting to Rs.262.55 crore. The largest flow of money is... India's ambassador Nirupama Rao has asked the US to start exporting liquefied natural gas (LNG) to India and other energy scarce countries, calling it... India-Sri Lankan bilateral trade has potential to more than double to $ 10 billion by 2016 if tariff and n...
A benchmark index of the equities markets extended gains for the third-straight day by adding nearly 82-points in early trade on continued foreign fun... Public sector Allahabad Bank Tuesday reported a 68.47 percent dip in net profit for the quarter ended Marc... Brazilian President Dilma Rousseff has announced here a reduction in the interest rate on public loans for owners of small businesses from 8.0 percent...
KOCHI: In a major boost to the country's first telecom incubator 'Startup Village', market regulator SEBI has approved the Startup Vi... HONG KONG: Air China is planning to buy 100 Airbus jets to expand its fleet as it seeks to keep up with growing demand from Chines... CHANDIGARH: Belgium has evinced keen interest in mutual cooperation with Haryanain the field of food processing, renewable energy&...
NEW DELHI: Indo-Sri Lankan trade can more than double to $ 10 billion by 2016 on the back of mutual liberalised tariff regime, a top Sri Lan... NEW DELHI: Government has taken a slew of initiatives to boost exports and reduce imports to lower trade deficit and thereby Current Account... MUMBAI: Ceat Limited, the flagship company of the RPG Group posted 32.82% increase in its consolidated net profit for the March ending fourt...
BANGALORE: A number of large companies are turning to emerging ventures for innovative technologies to boost their prospects in a competitive market... JHARKHAND: State-owned NTPCBSE -1.30 % today began the process of disbursing annuity to the Jharkhand projectaffected people ... NEW DELHI: Recognition of innovation in areas of petrochemicals and plastics processing will encourage the domestic plastics industries to focus more ...
NEW DELHI: A Parliamentary panel has recommended removal of the provision of 26 per cent profit sharing by coal and lignite miners with project-affect... MUMBAI: The fate of giant power stations owned by the Tatas, Adani Group and many others that are seeking to raise tariffs to be viable is d... MUMBAI: Qatar Airways is keen to explore a possible alliance with IndiGo, India's biggest airline, the CEO of the fast-expanding Gulf carr...
India has been constantly enhancing its trade partnership with a number of countries and regions, including Russia, Costa Rica, Commonwealth Nations, ... Improvements in global economic environment, particularly in the US, recovery in exports, normal Monsoon and bottoming out of the industrial expansion... A war of words broke out between the Congress and the opposition over the National Food Security Bill that the government tried its best to debate in ...
The carpet exports from India grew 8.4 percent year-on-year to USD 89.3 million in the first month of the 2013-14 fiscal, reports media. "The ... Daimler India Commercial Vehicles Pvt Ltd, the Indian subsidiary of German automobile maker Daimler AG, will soon start rolling out FUSO range of truc... A benchmark index of the equities markets gained nearly 90 points in early trade on Tuesday on sustained b...
The Reserve Bank of India announced its 2013-14 annual monetary policy last week, and as expected it stuck to its cautious stance, cutting the repo ra... Italy's oil and gas company Eni said it has made a new gas discovery in southern Pakistan that should ease... BHUBANESWAR: The state government on Friday transferred secretary, panchayati raj, Aparajita Sarangi as secretary, textiles and handloom, less than ni...
SEOUL: General Motors Co will not pull out of South Korea but will discuss labour woes with South Korea's President, its CEO was q... NEW DELHI: Seeking to promote export of farm produce, developing nations including India are pressing for reduction of trade distorting agriculture su... NEW DELHI: India's imports from Japan, with which it implemented a comprehensive free trade agreement in 2011, increased by over 3 per cent to $12.5 b...
KOLKATA: The export of soybean meal during April 2013 was 1 lakh tonne as compared to 3.36 lakh tonnes in the same period of previous year showing a... MUMBAI: Infrastructure finance company IDFC Ltd today announced appointment of Sandeep Gupta as Managing Director of corporate finance div... CHENNAI: Emerald Jewel Industry India Ltd., owners of popular jewellery brand - Jewel One, planned to open several retail outlets acrossTami...
MUMBAI: One of Asia's largest manufacturers and exporters of diamond jewellery Kama Schachter is eyeing up to 30 per cent revenue gro... NEW DELHI: United Breweries LtdBSE 1.72 % (UBL) today said its strong beer portfolio, including Kingfisher Strong and Kingfisher R... MUMBAI: State-run power major NTPCBSE 2.07 % today said it expects to start production at its six coal blocks by 2017, which will ...
NEW DELHI: Lanco IndustriesBSE 14.00 %today said it has withdrawn the proposal to set up a 3 lakh tonnes per annum mini cement plant envisaging... NEW DELHI: In a scathing report, a Parliamentary committee on labour criticised state owned steel maker Steel Authority of IndiaBSE 0.78 % f... PUNE: Leoni, the Nuremberg, Germany headquartered maker of cables and cable systems inaugurated its new plant in Chakannear Pune. ...
NEW DELHI: GlaxoSmithKline Consumer Healthcare has signed a brandsswap deal with its associate company GSK Pharmaceuticals as part of a stra... A pack of aggressive rivals are revving up new launches to target three Maruti SuzukiBSE -0.38 % models that together account for an estimat... The Micro, Small and Medium Enterprise (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decad...
Indian Small and Medium Enterprises (SMEs) have expressed concern over the Local Body Tax (LBT), which the Maharashtra government has recently started... All business and trading activity ground to a halt in the country's commercial capital Monday as over 1.5 ...   Zimbabwe wants Indian firms supplying it generic medicines to produce th...
The Asian Development Bank (ADB) lending is expected to decline by around 20 percent in the coming years, hitting the financial support to countries l... India's largest jewellery retail chain Tanishq, part of Titan Industries, Saturday said it will invest more than Rs.1,000 crore this fiscal in opening... A benchmark index of the equities markets Monday rose over 39 points in early trade on fresh buying by funds as well as retail investors in select sto...
One in five British families had to borrow money or use savings to cover food costs in April, a new survey... BANGALORE: With about 90 per cent of television sets digitised, Koramangala is fast touching complete television digitization. Both local ca... The last place you would expect to find an ex-investment banker is in social entrepreneurship. However, shunning the well-worn path has not only paid ...
OSLO: Statoil will see its cash flow for this year lowered by 500 million crowns ($86.28 million) after Norway announced on Sunday it would ... GREATER NOIDA: Asian Development Bankhas advocated for consolidation and multi-lateralisation of Free Trade Agreements(FTAs), which India ... NEW DELHI: Pakistan industry council today said Pakistan is expected to grant the much-awaited Most Favoured Nation (MFN) status to India by June, a m...
NEW DELHI: Prime Minister Manmohan Singh has constituted a group of ministers to discuss outstanding labour issues with all Central trad... NEW DELHI: India's grain output in the current crop year is expected to be 255.36 million tonnes (mt), over 5 mt more than previous estimate... NEW DELHI: Country's foodgrain production has been revised upwards by over 5 million tonne to 255.36 million tonne in 2012-13 crop year from earlier e...
NEW DELHI: Coal India (CIL) today said A K Dubey, Additional Director, Coal Ministry has been appointed as the nominee director of the PSU f... NEW DELHI: Reliance IndustriesBSE 1.54 %may this month win approval for USD 1.452 billion investment for developing a natural gas find it has m... NEW YORK: Laura Mercier has body washes in "flavors" like creme de pistache and fresh fig. Philosophy sells a vanilla birthday cak...
MUMBAI: One of the world's biggest technology spenders is having an outsourcing      rethink that may result in some work moving b... The most artful saboteur at a dinner party is often the food. Career schemers and covetous business partners are not a patch on a bleeding bowl of bee... AHMEDABAD: Invista, owner of Lycra fiber brand, would give the Indian women perfectclothing solutions in near future. Avinash Chandra, Invis...
MUMBAI: Loss-making Hindustan Construction CompanyBSE 1.36 % aims to raise up to Rs 1,000 crore this fiscal by selling some of its non-core ... BHUBANESWAR: NALCO may have to cut its daily aluminium output by 25 percent due to coal supply shortages caused by an accident a... MUMBAI: UltraTech CementBSE 0.15 %, anAditya Birla Group company, envisages a capital outlay of Rs 2,000 crore for its expansion plans in Ra...
 The US trade deficit declined by 11 percent in March to $38.8 billion due to a drop in crude oil imports, the Commerce Department said Thursda...  The Indian government has outlined a plan to set up Rs.5,000 crore (nearly $1 billion) fund to facilitate innovation and entrepreneurship, top...  The Reserve Bank of India today  reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 p...
 The Indian government Thursday approved the Swedish furniture firm IKEA's Rs.10,500 crore investment proposal in single brand retail business....  Member of Parliament Hansraj Gangaram Ahir Thursday demanded an immediate ban on export of beach sand minerals (BSM) like monazite that contai...  India, the United States and Japan held their fourth trilateral dialogue at the State Department here, exchanging views on a wide range of re...
 Inaugurating the Golden Jubilee Celebrations function of Indian Institute of Foreign Trade (IIFT), the President of India, Pranab Mukherjee Thu...   The European Central Bank Thursday cut its benchmark interest rate to a record low of 0.50 percent in an effort to boost economic growth in ...  Two mega shows on home textile, fabrics & accessories set to open its doors at one venue in Bangalore from 23 to 25 May at Gayatri Vihar, ...
 NEW DELHI: The Ministry of Micro, Small and Medium Enterprises (MSME) has asked PSUs and other departments to furnish details with regard to p...  WASHINGTON: The Walt Disney Company has announced its decision to pull out of Bangladesh, Pakistan and three other countries by April next ye...  NEW DELHI: Expressing concern over ballooning trade deficit with China, Commerce and Industry Minister Anand Sharma today said Indian exporter...
 NEW DELHI: Hindustan Copper today said Sujata Prasad, who is the Joint Secretary and Financial Adviser with the Mines Ministry, has been app...  NEW DELHI: Bharti Airtel's net profit fell for the 13th straight quarter as it missed Street estimates to clock a 50% decline because of the p...  MUMBAI: Neeraj Garg, VP at the commercial, passenger car business unit of Tata Motors, has resigned from the company on Thursday ending a very ...
 NEW DELHI: South Korea's Innisfree Corp, Italy's Officina and Canada-based Faces Cosmetics are among a slew of beauty products makers that h... Even as gold prices decline, jewellers are doing brisk trade. ET profile six of India’s leading jewellers who are leaving behind a glittering tr...  NEW DELHI: Avantha group firm Crompton GreavesBSE -0.70 % today said it has signed a joint venture agreement with Indonesia's PT Prima Layan...
 KANPUR: State-owned maharatna Coal IndiaBSE -0.71 % has started the new fiscal on a positive note by completing the production and distributio... How many Government schemes are currently in place to support our micro, small and medium enterprise sector? You may find this a little difficult to a... "Consumer is the king", the Supreme Court said Wednesday upholding the government's policy of allowing foreign direct investment (FDI) in mu...
The Indian automobile industry reported lacklustre sales for the month of April due to sluggish market con... Apparel exports from India declined by 6 percent to USD 12.92 billion in 2012-13 due to the demand slowdow... As roads and rails have seen increasing congestion nearing maximum capacity, leading to lost time and money, increasingly harming the environment thro...
The government of India plans to hire three legal firms to help Indian workers in Saudi Arabia who are facing problems after that country's implementa... HIL Limited, a flagship company of the C.K. Birla Group of companies, will continue to grow at 15 percent ... China's Purchasing Managers' Index (PMI) for the manufacturing sector fell to 50.6 percent in April from 50.9 percent in March, the China Federation o...
NEW DELHI: Calling upon private sector to come forward to compliment & supplement the efforts of Government to ensure quality affordability in hea... NEW DELHI: Fair trade regulator Competition Commission has dismissed charges of alleged cartelisation by five firms, including Tata ChemicalsBS... MUMBAI: Bharti Airtel, the country's largest telecom company by revenue and customers, will be announcing its quarterly results tomorrow. According to...
India and EU could sign the bilateral trade deal that has been in the works for over five years, keeping aside the contentious issue... Montek Singh Ahluwalia expressed confidence that the country's widening CAD will come down to 2.5% of the GDP in next two to three... MUMBAI: Inaugurating the ‘Asia Finance & Risk Mitigation Forum 2013’ organized jointly by the Federation of Indian Chambers of Commerc...
NEW DELHI: Government declared that India will continue import coal even till 2017 to meet scarcity. About 110.42 million tones of c... MUMBAI: India's gems and jewellery exports are likely to grow by up to 15 per cent this fiscal as the US and Japanese markets are expected to bounce... NEW DELHI: Homebred packaged consumer products makers Godrej Consumer Products, Dabur and MaricoBSE 1.12 % on Tuesday reported healthy resul...
KOLKATA: Japan's largest consumer electronics maker, Panasonic Corp plans toinvest more than Rs 1,500 crore in India over the next th... GODDA, JHARKHAND: Jindal Steel Power(JSPL) group has launched a 1,320-mw thermal power plant at Godda, which could be the first such venture in t... The renewable energy sector in India is seeing a rebound in investment with around five deals worth $500 million being seal...
Shree Cement's results for the quarter to March were broadly in line with the expectations of the street. The company achieved higher volumes in the p... KOLKATA: Coal IndiaBSE 1.64 % has received 32 proposals from Indonesia,Australia, the US, Mozambique, Chile and Columbia in respon... NEW DELHI: The government is likely to consider tomorrow a proposal to fix subsidy on non-urea phosphatic and potassic (P&K) fertilisers for 201...
CHENNAI: Royal Enfield, the maker of iconic cruiser motorcycle Bullet, has got itself a new home in Orgadam, Tamil Nadu. Spread across 50 acres, ... MUMBAI: Unilever Plc's decision to throw $5 billion to raise its stake in Hindustan UnileverBSE 17.28 % may be a reflection of its desperati... MUMBAI: Tata Sons today announced the formation of a new group executive council(GEC) under the leadership of group chairman Cyrus P Mistry,...
NEW DELHI: NEC India has announced the appointment of Partho Dasgupta, as the first managing director from India. He will undertake the... CHENNAI: Venu Srinivasan-owned TVS MotorBSE -1.41 % Co posted a Q4 net loss, as it set aside money to write down investments made at it... NEW DELHI: Bharti Infratel, the tower arm ofBharti AirtelBSE 0.20 %, has reported a 34% increase in quarterly profits and said it wi...
The Index of Eight Core Industries rose 2.9% in March, data released by commerce and industry ministry on Tuesday showed, reversin... Minister Anand Sharma has written to Chidambaram calling for a thorough examination to see if it would be a prudent to align the def... Sixteen months ago, when Virginia Governor Bob McDonnell and his Maryland counterpart Martin O’Malley visited India on near-si...
NEW DELHI: OVL, wholly-owned subsidiary of ONGC, today announced that it has priced an inaugural US$800 million dual-tranc... Cloud computing service providers are harvesting tremendous growth opportunities from city-based tech startups and IT companies. Cl...  After attaining record production in 2012-13, Bihar has set a target of 100 lakh tonnes of paddy this year by using the SRI (System of Root Inte...
 MUMBAI: Carmakers in India are passing though their toughest ride in a decade - sales dropped 7% last fiscal, capacity utilisatio... NEW DELHI: The gross output of MSME Sector has annual compound growth rate of 30.72 per cent at current prices as compared to the Third All India Cens... NEW DELHI: The sharp fall in prices of gold and crude oil will have a positive impact on the Balance of Payment (BoP) in India, Prime Minister's Econo...
NEW DELHI: As part of the Pre-Union Budget memorandum for the leather sector for the year 2011-12, the Council for Leather Exports (CLE) had requested... NEW DELHI: The Finance Ministry is expected to approve payment of 8.5 per cent interest rate for EPFO subscribers for 2012-13 after a recommendat... NEW DELHI: World Bank President Jim Yong Kim has appreciated the cash transfer schemes being implemented by several nations in the world as an effecti...
NEW DELHI: Exports have always played an important role in the economic development of most countries.   Union Minister for Commerce and Indust... The Bombay Stock Exchange (BSE) benchmark Sensex today climbed 153 points to close at one-month high level of 19,170 on funds buying in financial and ... A Delhi court Monday posted for April 29 the hearing of the case relating to alleged irregularities in the...
MUMBAI/NEW DELHI: In a small factory on the outskirts of Pune, a handful of employees spends most of its time thrashing out innovative tiny toys. They... In 2010, Unilever, the euro 51-billion consumer-goods major, laid down a path to become a more responsible corporate citizen in what products it made,... KOLKATA: Kolkata-based Pailan Group on Monday entered the Maharashtra market with its popular product POTO potato flakes along wit...
MUMBAI: Power and automation technology firm ABB today said it will acquire US-basedsolar energy company Power-One for over U... MUMBAI: IL&FS Engineering and Construction today said it has received a Letter of Intent (LOI) from IPTF, Fujairah, FZC for oil pipeline work... AHMEDABAD: Ahmedabad-based drug maker Zydus Cadila Group, to merge its three subsidiaries with its listed entity Cadila Healthcare...
NEW DELHI: Tata CommunicationsBSE -1.46 % today said it has launched international HD (high definition) voice service that will allow mobi... NEW DELHI: UltraTech Cement is in final-stage talks to buy Jaiprakash Associates' 4.8-million-tonne cement plants in Gujarat for... NEW DELHI: The business environment gets affected due to lack of security of women as they account for a large chunk of workforce, industr...
Ultratech Cement's subdued performance in the fourth quarter was in line with street estimates. A minor improvement in blended realisations, coupled... NEW DELHI: The negotiations between India and the European Union (EU) for a free trade agreement have been "intensified", Parliame... NEW DELHI: Exports to Pakistan has improved to USD 1.64 billion during April-February 2012-13, Parliament was informed today.  For t...
NEW DELHI: In a strong indictment of divestment policy, Parliament's standing committee on finance said the government was "selling family's si... MUMBAI: The proposed Goods and Service Tax (GST) is designed in a way that it will not hamper the financial autonomy of states, rather it wi... GlaxoSmithKline said on April 22 that it will partner with venture capitalists Avalon Venturesin a deal worth up to $495 million to fund as ...
Mitsubishi Motors Corp will reduce the production capacity of a major plant inOkayama prefecture by about 40 per cent this year, the Nikkei&... BANGALORE: The National Association of Software and Services Companies (Nasscom) is launching a new initiative that will channel money and me... The second, the name and details of which he declined to reveal, is in the consumer durables space. A similar pattern ofinvestments is visible in...
The government was ready to debate all issues, Prime Minister Manmohan Singh said Monday as he appealed to the opposition for smooth functioning of pa... The budget session of Parliament resumes Monday with important bills listed for budget session-II along wi... Prime Minister Manmohan Singh Sunday stressed the need to build a climate favouring enterprise and investment while Observing that the current economi...
On a road show in North America to try and boost capital flows into India, Finance Minister P.Chidambaram has assured investors that New Delhi is comm... A sharp fall in crude oil prices and crash-like situation in several other global commodity prices, mainly gold and other metals, have reversed the mo... A benchmark index of the equities markets on Monday rose by nearly 69 points in early trade on buying by f...
'Business angels' are taking the initiative to help budding entrepreneurs set up and manage their own st... The 9th meeting of the UAE-German joint economic commission, held under the chairmanship of UAE's Economy Minister Sultan bin Saeed Al Mansouri and Ge... JAMSHEDPUR: Industrialists, districtadministration, and the Indo Danish Tool Room (IDTR), came together for the first time on Saturday to ensure adequ...
MANGALORE: 20 MSME Industries fromYeyyadi Industrial Area are participating in a 'Design Awareness Workshop' conducted by Designers Suresh Nava... MUMBAI: Branded jewellery retailer Gitanjali Group has forayed into the apparels segment as part of its brand extension of its popular bra... DEHRADUN: As part of the the SIDCULPhase II project at Sitarganj in Uttarakhand, the Dharmpal Satyapal (DS) Group willinvest Rs 400 crore in...
NEW DELHI: Two companies have moved separate proposals worth Rs 1,000 crore to the government for setting up plants for manufacturing of mobile phones... MUMBAI: Tata PowerBSE 0.53 % plans to set up a 28.8 MW solar plant near Satara, Maharashtra this fiscal, as a part of its str... NEW DELHI: Cairn IndiaBSE -0.58 % plans to invest Rs 5,000 crore on its Rajasthan oil fields in three years to 2016 under a new in...
NEW DELHI: Power generation utilities are likely to ship in over 80 million tonnes of coal during the current financial year to feed the imp... NEW DELHI: Two state-owned steel makers -- Steel Authority of India Ltd (SAIL) andRashtriya Ispat Nigam Ltd (RINL) -- have evinced inte... MUMBAI: Andhra Pradesh government's recent decision to allot iron ore mines to state-run RashtriyaIspatNigam Ltd (RINL) will hel...
WASHINGTON: Researchers, including an Indian origin scientist, have developed a revolutionary new technique to deliver and fully release an anti-HIV d... WASHINGTON: ONGC Videsh Ltd, a wholly owned subsidiary of public sector giant Oil and Natural Gas Corp, has hired a specialist lobbying firm in the ... WASHINGTON: India is the largest recipient of remittances in the world, receiving USD 69 billion in 2012, the World Bank has said. India ...
MUMBAI: Mid-sized IT firm MindtreeBSE -1.64 % today said its standalone net profit has increased 14 per cent to Rs 78.9 crore for the quarte... WASHINGTON: India is the largest recipient of remittances in the world, receiving USD 69 billion in 2012, the World Bank has said. India ... WASHINGTON: At least a dozen US-based entities, including giants like Boeing, Pfizer,Dow Chemicals and Morgan Stanley, have indulged in lobb...
NEW DELHI: The negotiators of India andEuropean Union are likely to meet here next month in a bid to resolve contentious issues creating a road-b... Perhaps the only thing more complex than the crude oil India imports from Iran is the relationship between the two countries on th... DUBLIN: Companies would race to profit from a free trade agreement ( FTA) between theEuropean Union and the United States, bri...
WASHINGTON DC: Finance minister P Chidambaram has said the government has not made any progress in renegotiating a contentious&nbs... NEW DELHI: Annoyed at the slow pace with which the Registrar General's office is enrolling beneficiaries for Aadhar, the politically active states of ... LONDON: Companies around the world are still reluctant to go on the acquisition trail even though they are becoming are more confident about...
Mumbai-based Sachin Jain's future was pretty much set in stone, with his family'sjewellery business awaiting him after graduation. So, after a co...  Overseas capital is best protected in India and the country has all the ingredients to attract foreign direct investment, Finance Minister P. ...  Lowering India's growth projections by just a notch, the the International Monetary Fund (IMF) Tuesday predicted that this will rise to 5.75 ...
  India and the European Union (EU) failed to make any substantive progress in their trade and inve...  A benchmark index of the equities markets on Thursday rose by over 74 points in early trade on emergence of selective buying by funds, after ...   New Delhi-based basmati rice exporter Radikal Overseas is targeting a turnover of Rs.1,000 crore...
 The United Arab Emirates (UAE) and Sweden have held talks over joint cooperation and strengthening of trade and economic ties. The visiting ... JAIPUR: Over 8,200 meetings held during the 6th edition of “The Great Indian Travel Bazaar” ended with euphoria among the travel trade. Th...  NEW DELHI: The leading networking giant Cisco’s chief John Chambers met the Commerce and Industry Minister Anand Sharma on Wednesday and ...
 RAIPUR: The government of Chhattisgarh has slashed the rate of interest on business loans given to women self-help groups (SHGs) from 6.5 per ...  NEW Delhi: With an aim to develop more effective system of delivering healthcare services, the three day event “International Summit on H...  NEW DELHI: The Union Cabinet is expected to grant proposal to raise dearness allowance (DA) of central government employees by 8 per cent on T...
 NEW DELHI:  Food and Agriculture Organisation (FAO) report suggests that Indian wheat exports may reach 7.5 million tonnes in the current ...  PUDUCHERRY: A joint meeting of leaders of various trade unions of workers of the three textile mills in the union territory has called upon t...  DEHRADUN: Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL), a bottling partner of Coca-Cola Company in India, will invest Rs 600 crore to set u...
 NEW DELHI: Eyewear brand Oakley plans to double its business in the next three years on the back of new product launches and also by expanding...  MUMBAI: Tata Power CompanyBSE 0.00 % (TPC) and Reliance Infrastructure (RInfra), which compete fiercely for consumers of electricity in Mumbai...  NEW DELHI: India plans to double its renewable energy capacity to 55,000 MW by 2017 as part of efforts to increase efficiency of its energy use...
 KOLKATA: Hindustan Zinc Limited, the country's only integrated zinc producer, is poised to increase output from its mines by 20% to 1.2 milli...  NEW DELHI: Drug major Ranbaxy LaboratoriesBSE 2.37 % and its Japanese parent Daiichi Sankyo on Wednesday announced synergies in Brazil to expa...  LONDON: Top Indian industrialists Narayan Murthy and Adi Godrej besides actor Anupam Kher were among a number of personalities from Asia to b...
These numbers also show that Infosys added new revenue at a poor margin of 2.2%, compared with 25% for TCS and a whopping 46.4% for HCL Technolo...  NEW DELHI: The Centre today said it is drafting a policy on the direct-selling industry to address the concerns of consumers and strengthen th...  NEW DELHI: Faced with declining exports and widening current account deficit, the government is likely to announce tomorrow a host of incentiv...
 WASHINGTON DC: India could be underestimating distressed assets in the banking sector because of asset restructuring practices and the way it ...  NEW DELHI: India and Tajikistan are working on finding an easy route for enhanced bilateral trade, Vice President Hamid Ansari said today.&nbs...  NEW DELHI: India's State Trading Corp has received the highest bid at $304 per tonne from a global trader in its latest wheat export tender, ...
 NEW DELHI: India's sugar production in the current marketing year reached 24.1 million tonnes as on April 15, down 2% from 24.5 million tonne...  HELSINKI: Finnish mobile phone maker Nokia is expected to have trimmed its losses in the first quarter, thanks to rising Lumia smartphone sales...  NEW YORK: EBay grew its earnings and revenue in the first quarter thanks to growth in its PayPal business and its e-commerce sites. But revenu...
 BANGALORE: GSF Accelerator, among the most active early-stage incubators in the country, has entered into a partnership with the Massachusett... SHILLONG: With an aim to achieve parity with grid power tariff by 2022, the Union Ministry of New and Renewable Energy has sanctioned Rs 15.26 crore f... NEW DELHI: Amidst the weak global prices of the precious metals, the government on Tuesday cut the tariff value of gold to $499 per 10 grams and silve...
KOLKATA: In a bid to promote industries in the state, the West Bengal government has assured land for industry if proposals of investment come from th... NEW DELHI: While inaugurating the 4th Clean Energy Ministerial (CEM) meeting in New Delhi on Wednesday, Prime Minister Manmohan Singh said, industrial... NEW DELHI: The Confederation of Indian Industry (CII) have sought slash of 100 basis point in the interest rate by the RBI, stating that it would boos...
NEW DELHI:  High lending rates, slowdown in growth of consumption rates, and issues in mining and project clearances have forced rating agency Cr... BANGALORE: The country's public sector undertakings (PSUs) have recorded $383 billion turnover in 2011-12 with a revenue growth of 11 per cent since 2... NEW DELHI: The BSE benchmark Sensex increased by 80 points in early trade, extending an upward streak for the third straight sesseion, after Reliance ...
MUMBAI: The apex bank, Reserve Bank of India (RBI) on Monday released data which stated that India’s services exports increased by 9.5 per cent ... NEW DELHI: Beverages major Coca ColaCompany today said it has posted 8 per cent sales growth in volume terms in India for the first quarter ... MUMBAI: Driven by better domestic economic climate and growth in consumer spending, consumption of semiconductors in India will reach $ 9.6 billion th...
Steel Authority of IndiaBSE 4.79 % Limited (SAIL) said it has recorded a 4% growth in the production of value added steel over the last fiscal.... NEW DELHI: Infrastructure firm Sadbhav EngineeringBSE 2.02 % today said it has won a Rs 133 crore project in Uttar Pradesh for deepening and... MUMBAI: Venture capital fund Fulcrum Venture India today announced an investment of Rs 21.82 crore into Shield Healthcare, a ...
MUMBAI: Sign up for three months and get the 4-month membership free, screams an ad from Talwalkars. The fitness chain is not the only one luring cons... NEW DELHI: The Indian Direct-To-Home(DTH) market is expected to see its annual revenue grow over three times to more than USD five billion by 202... NEW DELHI: In the backdrop of an impending deal with Gulf carrier Etihad, Jet AirwaysBSE 0.33 % is pushing hard in favour of the Abu Dhabi g...
MUMBAI: Gold is no more a safe asset. Nor are gold loans. The risk associated with gold loans, which drew top-notch banks such as HDFC&... MUMBAI: The country's largest software company Tata Consultancy ServicesBSE -1.25 % (TCS) will report its quarterly results later today. The... MUMBAI: Reliance Industries Ltd logged $ 44.1 billion in export revenue and contributed 15.2 per cent to the nation's overall export kitty...
AGARTALA: Indo-Bangla border trade with Tripura and other north eastern states has been affected due to the political turmoil in the neigh... BONN: The long-running negotiations between India and the European Union on afree trade agreement (FTA) gained fresh momentum from the ... NEW DELHI: In a big boost for India's trillion-dollar infrastructure development ambitions, the country's largest pension fund - theEmployees' Provide...
WASHINGTON: The six very large US bank holding companies — JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Mor... In an exclusive interview with SME Times, Madhav Lal, Secretary, Ministry of MSME said they are working to upscale existing schemes and programs ... With headline inflation falling below six percent for the first time in more than three years on the back of slower rise in the prices of manufactured...
The price of gold slumped to Rs.27,600 per 10 gram Monday, the lowest in more than 15 months due to weakness in global markets on expectations of reco... India's ambitious target of reaching USD 500 billion in exports by 2013-14 fiscal "looks next to impossible", said industry body ASSOCHAM, a... The Ministry of Textiles has sought for some relief for the labour-intensive sectors like handicrafts, leather, carpet, handloom and textiles, in the ...
NEW DELHI: In the six months since he returned from the US, top Coca-Cola officialVenkatesh Kini has spent more than half the days in the cold, h... GREATER NOIDA: Handicraft is a highly promising sector and has a great importance in the Indian economy not only for the fo... NOIDA: To check liquor smuggling, the Uttar Pradesh government today launched a liquor for Rs 25 a quarter for poor.  It will be ava...
NAGPUR: The state-owned Maharashtra State Mining Corporation (MSMC) today said it has produced 6,299 metric tonnes of minerals till the third quarter ... MUMBAI: In a move to encourage export business of small and medium pharma companies, Pharmaceuticals Export Promotion Council of India (Phar... NEW DELHI: Mobile phone companies will not be allowed to share spectrum without paying the one-time airwaves levy, the telecom dep...
KOLKATA: Ex-Huawei India CTO and executive director A Sethuraman will head the Indian arm of Deeya Energy, a Silicon Valley-based start... NEW DELHI: Tony Fernandes, founder of Malaysian budget carrier AirAsia, which has six airlines under its fold, will be banking heavily on a woman to e... NEW DELHI: Index heavyweight Reliance IndustriesBSE 0.13 % Ltd is scheduled to release its results for the quarter ended March 31 post mar...
BANGALORE: When TCS and HCL TechnologiesBSE -0.09 % report results for the final quarter of fiscal 2013 on Wednesday, analysts expect them... KOLKATA: That India Inc has gained from a split in the assets of business families is now well documented. It has happened with the Amban... NEW DELHI: Luxury car maker Mercedes Benz India today said it has appointed Boris Fitz and Santosh Iyer as heads of its sales and ...
CHENNAI: Fast moving consumer goods (FMCG) firm CavinKare has appointed Nellaiappan Thiruambalam as its new Director andCEO for its Per... BONN: India and the European Union (EU) on Monday opened a new round of trade talks in an attempt to overcome their remaining differences, w... KOLKATA: The government has finalised preferential market access (PMA) norms that mandate a minimum 30% domestic sourcing of security sensitive electr...
WASHINGTON: As India gears up to providefood security cover to 67% of its population, a report compiled by Global Development Network says that t... Dish Network Corp, the No. 2 US satellite television provider, on Monday offered to buy wireless service provider Sprint Nextel Corpfor $25.5 bil... State-run Indian Oil Corp ( IOCBSE 1.36 %) has decided to cut petrol prices by Rs 1.20 per litre from Tuesday.  This is the sec...
India and the European Union will hold a crucial meeting on the proposed free trade agreement today in Brussels to iron out the impediments in conclud... Russia will be a key partner in upcoming industrial townships under National Manufacturing Policy, the government said on Sunday. In a press statem... To identify and remove bottlenecks in the way of economic expansion, the Planning Commission will launch jointly with India@75 foundation an initiativ...
Finance Minister P Chidambaram arrived in Toronto Sunday on a two-day visit aimed at attracting Canadian investment in infrastructure sector.  &n... India Inc. condoled the death of veteran industrialist and founder of RPG Group, Rama Prasad Goenka, in Kolkata Sunday. "One of the tallest bu... China's gross domestic product growth slowed to 7.7 percent in the first quarter but was still above the 7.5-percent full-year target, the National Bu...
Ahead of the ministerial meeting on the India-EU free trade agreement (FTA)in Brussels on April 15, Europe... Despite uncertainty in EU market, India's handicraft exports have shown a growth of 22.15 percent to USD 3.30 billion in 2012-13, the nodal agency for... Prime Minister Manmohan Singh arrived here at 10.30 p.m. from a three-day "successful" and "...
Reacting to the February data for industrial production, industry bodies Friday called for rate cuts by the RBI to revive economic growth. "It... Industrial activity has been impacted by high interest rates, sticky inflationary scenario, volatile excha... Uttar Pradesh has ended 24x7 power supply to Amethi and Rae Bareli, represented in parliament by Rahul Gan...
The Brazilian central bank's economic activity index, released Friday, declined by 0.52 percent in February from the previous month on a seasonally ad... NEW DELHI: The proposed Rs 5,500-croreIndia Inclusive Innovation Fund, focusing on generating employment and supporting livelihoods across the country... CHANDIGARH: JayantDavar, who was appointed as the chairman of industry bodyCII (Northern region) today, said the chamber will focus on enhan...
MUMBAI/NEW DELHI: The government's plan to make the Aadhaar number the centrepiece of the cash-transfer system is now facing opposition from... MUMBAI/NEW DELHI: Indian consumerscould soon munch on masala tea flavoured biscuits, or sip on guava juice spiced with red chillies straight... NEW DELHI: Leading jewellery retailerGitanjali Group plans to set up a total of 550 shops in India and abroad by end of this year, a top company ...
ROURKELA: Rourkela Steel Plant (RSP) is all set to complete its ongoing Rs 12,000 crore modernisation and expansion programme to double it... NEW DELHI: Tata SteelBSE -1.37 % hopes demand for the alloy will grow at a faster rate of 6-8 per cent in current fiscal on the back of high... NEW DELHI: With an aim to become a leading online insurance provider, the Indian venture of Warren Buffett-led Berkshire group is betting big on the p...
NEW DELHI: The Tata group will continue to take the acquisition route as one of the modes of growth for the over $100 billion conglomerate... DUBAI: HSBC Holdings has named Anshul Gupta as its head of mergers and acquisitions business for the Middle East and North Afric... Most analysts expect RIL to report GRMs in the range of $9.85-$10.1 for the quarter, higher than...
At $470 mn in annual revenue, Infy's BPO division has grown at a faster pace than its parent, ma... DUBLIN: Creditors of the European arm of US investment bank Lehman Brothers, which collapsed in September 2008, may be repaid in full, administrator... PIMPRI-CHINCHWAD: With safety becoming a prime issue for citizens of Pimpri-Chinchwad, home security is finding growing emphasis in the region. Demand...
In order to facilitate alternative source of capital for innovation to the industry, with special focus on supporting the Small and Medium Enterprise ... As Karnataka is the first major state to go to polls after Rahul Gandhi became the Congress Vice-President, the party seems to take extra care to see ... India and Germany Thursday signed six agreements to enhance cooperation in the areas of green energy, education, agriculture and science and technolog...
India and Malta could expand business ties, especially in information and communications technology, pharmaceuticals, finance and research and develop... Bharti Airtel CMD Sunil Mittal and Essar Group promoter Ravi Ruia Wednesday appeared before a Delhi court following the summons issued to them in a ca... Bank of Korea (BOK), South Korea's central bank, Thursday cut its 2013 growth outlook to 2.6 percent from an earlier forecast of 2.8 percent. The d...
BANGALORE: Opposition Congress is facing difficulty in finalising 47 candidates for the Karnataka Assembly elections in the b... NEW DELHI: Retail inflation declined to 10.39 per cent in March, snapping the five month rising trend, as prices of vegetables and protein b... BANGALORE: India's second-largest software exporter InfosysBSE -18.37 % said clients from North America contributed about 60% to fourth-quar...
WASHINGTON: Observing that nearly 30 per cent of all companies started in the US in 2011 had immigrant founders, Indian ITprofessionals have ap... HYDERABAD: Handloom products exports may increase by 30 per cent in the current financial year, Minister of State for Textiles, Petroleum and Natura... BERLIN: Notwithstanding severe economic sanctions slapped by the US and UN against Iran, India will continue to buy oil from "vital sup...
KOLKATA: World Steel Association has said steel demand is expected to pick up InIndia and demand expected to grow by 5.9% to 75.8 milli... HYDERABAD: Dr Reddy's LaboratoriesBSE 0.83 % has initiated recall of its tizanidine tablets, used as a muscle relaxant, from the US mar... NEW DELHI: Merger and acquisition activity in the Asia Pacific region declined 26.1 per cent in the first quarter of this year and the drop was even s...
NEW DELHI: E-commerce company eBay India today said it has appointedAlokAgarwal as Director - Marketing with immediate effect. In ... MUMBAI: InfosysBSE -17.44 % Ltd, India's No 2 IT services exporter, marginally beat analyst estimates on Friday with a 3.4 per cen... DETROIT: Ford Motor Co announced on Thursday that it will introduce this month a 1.5-liter version of its turbo-charged "EcoBoost"...
MUMBAI: Africa has been attracting large Indian corporations for sometime for rich mineral resources. But now, a steady stream of Indian start-ups are... Despite selling high-end software to the American space agency Nasa and French fashion brand Louis Vuitton, business software maker Dru... A week after the European Union (EU) implemented its new timber sourcing regulation, which is likely to hit the Indian woodware industry -- a major co...
Nasscom, which recently launched its '10,000 start-ups' programme, Wednesday announced inviting applications from innovative technology start-ups acro... Indian Prime Minister Manmohan Singh, accompanied by a high-level delegation that includes five cabinet ministers, arrived Berlin Wednesday on a three... Granting of the most favoured nation (MFN) status to India by Pakistan will depend on election results in that country next month, a top official said...
Passenger car sales in country fell 6.7 percent in the year ended March 31, the first time in a decade, ow... A benchmark index of the equities markets was trading higher by half a percent or 94.05 points Thursday ar... When Goldman-Sachs coined the term BRICs, they could have little idea of what effect this economic block would have on trade in Latin America. Repre...
The economic recession that has affected Spain since 2011 could continue into next year despite forecasts ... NEW DELHI: Maintaining a bullish stance on the Indian markets, Adrian Mowat, Chief Asian Emerging Market and Asia Equity Strategist at JP Mo... TOKYO: Four Japanese automakers including Toyota Motor Corp, Nissan Motor Co and Honda Motor Co are recalling a total of about 3.4 million v...
NEW DELHI: It was only a matter of time before they hit the middle ground. But the Italians were uncompromising to begin with - in such things Ro... MUMBAI: Edible oil manufacturer RuchiSoya and FMCG major ITCBSE 0.81 % have found place among the top 250 consumer products... CHANDIGARH: Jubilant FoodWorks, which runs the Domino's Pizza and Dunkin' Donuts chains in the country, today opened its first commissa...
GUWAHATI: Aditya Birla NuvoBSE 1.38 %group apparel brand Allen Solly is looking to expand its market in the North Eastern states and pl... NEW DELHI: Solar sector attracted $2.37 billion ( 12,912 crore) funding globally through 73 deals, including four Indian transacti... KOLKATA: WhileNTPC has locked horns with Coal IndiaBSE 0.52 % (CIL) over the quality of coal and is refusing to pay the entire bill...
NEW DELHI: A company owned by former and current directors of the Naveen Jindal Group, and then by Naveen Jindal himself, gave an unsecured loan of Rs... NEW DELHI: Road construction equipment maker Gujarat Apollo IndustriesBSE 3.64 %(GAIL) today said it has inked a joint venture pact with the ... NEW DELHI: Shasun Pharmaceuticals on Wednesday said it has entered into a licensing agreement with Switzerland- basedDebiopharm for the...
NEW DELHI: Global mobile industry bodyGSMA today said India is sitting on unutilised fund of over $ 4 billion collected from telecom operators an... NEW DELHI: Air India, India's national airline, is keen to open new destinations to Indian fliers this year as it prepares to face renewed competition... NEW DELHI: Having lost airport slots and most of its aircraft fleet to its creditors in the last six months of being grounded, Kingfisher Airline...
KOLKATA: Eveready Industries IndiaBSE 0.00 % (EIIL) on Wednesday said it is likely to report break even or marginal net profit for the fisca... BANGALORE: Investors and analysts will be watching Infosys' earnings announcement on Friday for signs of a sustainable turnaround after better-than-ex... WASHINGTON: President Barack Obamasent Congress a $3.8 trillion budget plan that hopes to tame galloping deficits by raising ...
AHMEDABAD: A Mumbai based start-upcompany Tathastu Advisory launched freemarket advisory service for public at large to help them ...   Apparel exporters have expressed their concern over sudden increase in cotton yarn prices from Rs. 211/kg to Rs. 248/kg between 1st March...  Prime Minister Manmohan Singh Wednesday said he will seek Germany's support for an early conclusion of a balanced trade and investment agreeme...
  Union Commerce and Industry Minister Anand Sharma pitched for a "balanced package" for the least developed and developing countrie...  Pointing out that India's balance sheet of innovations was not very encouraging, President Pranab Mukherjee Tuesday called upon universities a...   Vice President Hamid Ansari Tuesday said that in the coming decades, the global stature of a country would depend not so much on military pr...
 Trade and investment talks between India and the European Union (EU) could be in limbo for years, if not concluded in 2013, as the 27-nation g...  A benchmark index of the equities markets on Wednesday recovered by over 93 points in early trade on emergence of buying by funds and retail ...  State-owned ONGC Tuesday signed an MoU with a Rajasthan-based private company to set up a gas-based fertilizer plant in Tripura to meet the grow...
 Turkey's national flag carrier Turkish Airlines (THY) has decided to purchase 95 planes from Boeing, an official statement said Tuesday. Th...   One financial year has just ended and another begun. This time of the year is always quite a busy one for business-people like ...  NEW DELHI/MUMBAI: FMCG companies such as Cadbury, Hindustan Unilever, ITC, Procter & Gamble and Heinz have launched discounts ranging anyw...
 Tata SteelBSE 0.36 % said on Wednesday its total saleable steel production rose 27 per cent to 2.26 million tonnes in January-March compared w...  NEW DELHI: Jindal Stainless LtdBSE 2.55 % (JSL) has entered into a strategic agreement with Korean steelmaker Posco, which will help JSL stab...  SEOUL/WASHINGTON: South Korea has raised its surveillance of North Korea after the reclusive state moved one or more long-range missiles in ...
 MUMBAI: The outcome on an appeal filed by Serdia Pharmaceutical, the Indian arm of French pharmaceutical major Servier, before the Bombay Hig...   China reported higher import growth in March in a possible positive sign for its economic re...  CONCORD (US): A jury found Exxon Mobil liable today in a long-running lawsuit over groundwater contamination by the gasoline additive MTBE, a...
India and Germany are likely to sign a series of pacts in education, science and technology and green energy during Prime Minister Manmohan Singh's vi... External Affairs Minister Salman Khurshid said Monday that India is in touch with the Saudi Arabian govern... The government needs to get into war-footing effort as the industry and exporters are waiting for the new ...
India should think big and devise ways to reap its demographic dividend, Gujarat Chief Minister Narendra Modi said here Monday and accused the UPA gov... The Supreme Court Monday offered partial relief to Bharti Airtel chief Sunil Mittal and six others by directing the 2G case trial court not to withhol... The performance of China's logistics industry rebounded in March after declining for three consecutive mon...
NEW DELHI: Newly elected CII President S Gopalakrishnan on Monday called on Prime Minister Manmohan Singh and discusse... AHMEDABAD: Nine companies fromGujarat bagged awards given by the central Micro Small and Medium Enterprise (MSME) 2011, recently organized in&nbs... NEW DELHI: India's micro, small and medium enterprises (MSMEs) will now be able to buy and sell their intellectual propertyrights online, thank...
BANGALORE: IT Software industry bodyNasscom on Monday named Krishnakumar Natarajan, managing director and chief executive officer of Min... KANNUR: A K Padmanabhan and Tapan Sen were today re-elected as President and General Secretary of the CITU on ... SEOUL: Hyundai Mipo Dockyard said on Tuesday it had won a 348.3 billion Korean won ($305.5 million) order to build 10petrochemical product&n...
Barack Obama will put forward a list of detailed proposals to overhaul the U.S. tax code, hopi...  BANGALORE: Across the country's rapidly growing entrepreneurial landscape, young companies are looking for people who can care for the aged, n...   The government is working out on a "New Mission" to boost manufacturing exports from...
 A benchmark index of the equities markets recovered over 43 points in early trade on Monday due to emergence of selective buying by funds at ...   Industry body FICCI has changed the venue of Gujarat Chief Minister Narendra Modi's address to i...  Individual investors will be able to buy and sell Spanish sovereign debt starting Monday, the Spanish Treasury said. Small investors will be...
 The Micro Small & Medium Enterprise (MSME) sector has been growing consistently above 10 percent  for the last five years. Thus, we c...  The Reserve Bank of India (RBI) would further ease its monetary policy if inflation comes down, the central bank's governor D.Subbarao said S...  India's foreign exchange (forex) reserves decreased by USD 720.3 million to USD 292.64 billion for the week ended March 29, according to data ...
 Finance Minister P Chidambaram has made a strong case for reviewing the Foreign Direct Investment (FDI) ceiling in various sectors saying they...  Stressing on the need to "mitigate the emissions of greenhouse gases as part of the overall solution", renowned environmental scient...  China's rapid economic growth will create development opportunities for the rest of Asia and the world, President Xi Jinping said Sunday. C...
 MUMBAI: Country's third largest private sector lender Axis BankBSE 0.68 % is targeting a 30 per cent growth in its home loans every year over ...  MUMBAI: Premium basmati rice exporter and grower Radikal Overseas is eyeing 67 per cent revenue growth to about Rs 1,000 crore this fiscal. ...  NEW DELHI: Liquor maker Modi Illva India, which has recently entered the whiskey segment in the country, aims to garner up to two per cent mar...
 NEW DELHI: The government plans to amend laws to provide more powers to state regulatory commissions and load dispatch centres so as to ensure...  NEW DELHI: India's largest coal importer and trader, the Adani Group, is aiming to be the largest mine developercum-operator (MDO) in the coun...  KOLKATA: MSTC Limited, the country's largest e-commerce company in the public sector, saw a 14% jump in the business transacted through its e...
 MUMBAI: Elder PharmaceuticalsBSE 1.19 % will be investing Rs 15-20 crore over the next two-three years for its foray into cosmetics manufactu...  NEW DELHI: With state-owned telcos BSNL and MTNLBSE 2.81 % on the verge of financial collapse, telecom minister Kapil Sibal has urged Prime Mi...  WASHINGTON: Liquor baron Vijay Mallya has got a total remuneration of about Rs 1.5 crore from two overseas companies for the year 2012, as th...
 NEW DELHI: Kris Gopalakrishnan, Co-Founder and Executive Co-Chairman of InfosysBSE -0.41 %, has been elected as the President of the industry...  MUMBAI: A slight improvement in discretionary spending and the US economy getting stablilised may help the Indian IT companies post steady grow...  NEW DELHI: PepsiCo today announced a one-year strategic partnership with the Asian Football Development Project (AFDP) that will cover over 40...
 Four decades ago, I was floundering in my studies. I would barely pass my exams and needed grace marks to be promoted. It was a constant worry f... Small and Medium Enterprises (SMEs) in India will now be able to buy or sell their intellectual Property (IP) rights with the help of India's first on... The Indian government Thursday decided to decontrol the Rs.80,000 crore (around $15.5 billion) sugar industry in line with the suggestions of a panel ...
Apparel export trade body AEPC has suggested the government to simplify the drawback schedule and recommend a new entry in drawback for Total Operatio... Sri Lanka has rejected moves to block trade with Tamil Nadu and has insisted that economic relations shoul... India is witnessing increase in textile machinery exports on account of slow growth and sluggish domestic demand in the textile and garment markets fo...
Singapore is aiming to enhance economic ties with Myanmar by opening an overseas centre in Yangon to facilitate trade and investment, it was announced... NEW DELHI: India's micro, small and medium enterprises (MSMEs) will now be able to buy and sell their intellectual propertyrights online, thanks ... NEW DELHI: FMCG major Hindustan Unilever LtdBSE 0.55 % (HUL) today said it has inked a pact with promoters of Aquagel Chemica...
NEW DELHI: Tata group firm VoltasBSE 1.06 % Ltd today said it expects revenues from air conditioners to increase by 20 per cent in... KOLKATA: Domestic steel companiesreeling under indifferent demand and high costs may find some relief in NMDC's decision to slash pri... MUMBAI: Larsen & Toubro is poised to bag a Rs1,500-crore road project in Abu Dhabi with a local partner, marking a big step forward in the engin...
NEW DELHI: The government may give drug firms just 45 days to comply with the upcoming pricing regime that promises cheaper essential medi... KOLKATA: Mobile phone companies are investing in low-cost Wi-Fi systems to improve mobile broadband coverage in heavy data consumption zones... NEW DELHI: Tata CommunicationsBSE 0.71 % today said it has sold a piece of land in Chennai for over Rs 192 crore in line with its objective ...
The Central Electricity Regulatory Commission's directive for compensatory tariff hike is a ray of hope for Adani Power's investors. Though the outcom... MUMBAI: India's 50 most frequently traded large-cap companies are likely to report the worst aggregate top line growth in two years in the quarter to ... SEOUL: Samsung Electronics, the iPhone's main adversary, estimated its January-March operating profit rose 53 percent to 8.7 trillion won ($7.7 b...
BANGALORE: In a first-of-its-kind initiative by a global venture capital firm, Canaan Partners has launched a portal to link inv...   Micro, small and medium enterprises (MSMEs) are vital for India's economic growth and they need ...  Commerce and Industry Minister, Anand Sharma, Wednesday said, the government is considering raising the foreign direct investment limit in def...
  The Union Minister for Commerce, Industry and Textile, Anand Sharma today said that the government is receiving applications from variou...  Foreign tourist arrivals in India grew by 2.1 percent in the first two months of this year despite the Delhi gang rape, Minister for Tourism K...  The Lucknow bench of the Allahabad High Court Wednesday sought a response from Sahara India and and its chairman Subrata Roy on a PIL accusing...
 World Bank President Jim Yong Kim has called for global action toward ending extreme poverty by 2030 and improving the lives of most vulnerabl...  NEW DELHI: President Pranab Mukherjee today favoured enhancing credit availability for the Micro, Small and Medium Enterprises to give a fili...  For fast-moving consumer goods, or FMCG, companies, volume growth has been the dominant theme during the quarter to March 31. After a modest p...
 KOLKATA: Hassad Food, Qatar's premier investor in the agriculture and livestock sectors has acquired a majorityequity interest in India-based ...  NEW DELHI: The central power regulator has upheld Adani Power's plea that it should be compensated for higher prices of Indonesian coal, brighte...  NEW DELHI: Danish engineering firm FLSmidth today said it has got a Rs 190-crore order from Tata SteelBSE -1.58 % for supply of two pipe conve...
 PUNE: Finolex IndustriesBSE -1.41 %, the largest manufacturer of PVC pipes in the country, has commenced commercialproduction at its new plan...  MUMBAI: Crompton GreavesBSE 1.14 % today said it, along with its consortium partners, has bagged a Rs 239 crore contract for construction of ...  WASHINGTON: The chances of the United States ratifying a new treaty to regulate the multibillion-dollar global arms trade slipped as senators...
 NEW DELHI: As Malaysian budget carrier AirAsia readies to spread wings in India announcing hiring plans on Wednesday, documents available wi...  KOLKATA: Kolkata National Aluminium Company LtdBSE -0.29 %. (Nalco) has reported foreign exchange earnings of 3,400 crore in 2012-13, nearly ...  MUMBAI: Arunkumar Gandhi, the Tata group's chief dealmaker who played a pivotal role in the group's multi-billion dollar acquisitions of Corus ...
 NOAH BUHAYAR Aspirin's use in fighting cancer has the potential to increase pension liabilities by as much as $100 billion by extending...  NEW DELHI: Tata ElxsiBSE -0.74 % and AISB today announced their partnership to incubate and provide greater market access for technology star...   The President of India, Pranab Mukherjee, will give away the National Awards to Micro, Small and Medium Enterprises (MSMEs) in the national ca...
The Ministry of Micro, Small and Medium Enterprises (MSME) is working on a special package for welfare of the sector, Minister of State (Independent C... The Micro, Small and Medium Enterprises (MSME) sector was hit hard by the global economic slowdown and so ... The government will continue to argue for easing of monetary stance by Reserve Bank despite 'sticky' consumer price inflation and high Current Account...
India, Russia, Belarus and Kazakhstan are exploring the possibilities for a Comprehensive Economic Cooperation Agreement (CECA), Commerce and Industry... The state-run National Aluminium Company Ltd. (NALCO) Tuesday said it has reported highest-ever sales turnover and foreign exchange earnings in 2012-1... Brazil's Development Bank (BNDES) has announced the launch of a 3-billion-real ($1.5-billion) plan to develop the country's energy sector. Under th...
The US manufacturing sector continued to expand in March but its growth pace slowed, a leading industry survey shows. The US Institute of Supply Ma... NEW DELHI: The Micro, Small and Medium Enterprises (MSME) Ministry is working on a "special package" to give a boost to the sector hit by th... MUMBAI: Kerala-based Federal Bank, which closed 2012-13 fiscal crossing the Rs 1 lakh crore mark in assets and liabilities base for the first time, ...
MUMBAI: Indian banks borrowed 70 billion rupees ($1.29 billion) through the central bank's marginal standing facility (MSF) as on April 1, Rese... KOLKATA: In a move that could make packaged namkeens the next big food fight, ITC is planning to enter this segment, while Parle Products an... The telecom infrastructure-sharing deal involving the two billionaire Ambani brothers - Mukesh and Anil - has been in the works since the be...
INDORE: Country's largest marketer of dry cell batteries EvereadyBSE 2.23 % today said it has recorded a turnover of Rs 60 crore from its&nb... BHUBANESWAR: National Aluminium Company Ltd (Nalco) today reported record sales of over Rs 7,200 crore and foreign exchange earn... KOLKATA: GSM operators added nearly 5.7 million rural customers in January and February 2013, when financially stressed mobile phone companies tweak...
MUMBAI: This Monday, Cyrus Mistry succeeded Ratan Tata in yet another tradition at Tata MotorsBSE -0.75 % - the chairman's an... NTPCBSE 0.90 % signed three Loan agreements aggregating to Rs 1870 crore with Punjab and Sindh Bank (Rs 570 crore), Andhra BankBSE...  The government Monday set up an Inter-Ministerial Committee (IMC), headed by Saurabh Chandra, Secretary, Department of Industrial Policy and Pro...
 State-run Indian Oil Corp (IOC) said it will cut the price of petrol by 85 paise a litre effective midnight Monday. Allowing for local taxes...   Production in country's eight core industries that include power, coal, steel, cement, crude...  How much promise the Internet holds for small businesses? Thousands, perhaps millions, of pages have been written about how the Internet is m...
 With Brazil, Russia, India, China and South Africa concluding in Durban a cycle of one summit in each country, the BRICS bloc, in a rather sho...  Chinese President Xi Jinping's maiden foreign tour as head of state was "historic and fruitful", Xinhua commented Monday, a day afte... NEW DELHI: The government today set up an Inter-Ministerial Committee to look into issues faced by small units and suggest ways to boost the manufa...
 SRINAGAR: Jammu and Kashmir BankBSE -0.31 % today said it has achieved the Rs one lakh crore business and expressed confidence of meeting its...  Amul, the country's largest dairy brand, has clocked a sales revenue of Rs 13,750 crore in 2012-13, registering a growth of 18% over the previ... NEW DELHI: Gail IndiaBSE 0.50 %, the country's biggest gas utility, has booked 2.3 million tonnes of liquefied natural gas (LNG) production capacity...
 KOLKATA: After reaching a break-even stage last year, the Shah Rukh Khan-owned Red Chillies Entertainment is hoping for a 25 per cent annual gr...  NEW DELHI: The rock bottom fares being offered by airlines — none of which really remained budget carriers after Kingfisher's demise &m...  LOS ANGELES: Soccer ace David Beckham and wife Victoria have reportedly decided to put their luxurious mansion known as the Beckingham Palace...
 AHMEDABAD: HarishPattnaik, executive director and member of board of directors of Gujarat Venture Fund Limited (GVFL) is the new Managing Direc...  KOLKATA: V R Sharma, Dy MD & CEO, Steel Business, Jindal Steel and PowerBSE 0.66 % Limited (JSPL) has been named as one of the finalists fo...  When Naresh Wadhwa quit Cisco India in January after a 15-year run, the president and country manager for the networking major was at the top of...
 BANGALORE: IT company Wipro today said the demerger of three non-IT business divisions, including consumer products segment, into a privately-...  SEATTLE: Paul Allen, the billionaire co-founder of Microsoft Corp, is opening an office in Silicon Valley to make new investments in emerging ...  NTPCBSE 0.49 % and Ministry of Power have signed MOU 2013-14 recently. Shri Arup Roy Choudhury CMD, NTPC and Shri P. Uma Shankar, Secretary P...
 Giving a clear message of the bigger role Gujarat Chief Minister Narendra Modi would play in the BJP's preparations for the coming Lok Sabha p...  Country's foreign exchange (forex) reserves increased by USD 1.05 billion to USD 293.36 billion for the week ended March 22, according to data...  Train freight tariff and traveling will become costlier from Monday as the hike in reservation, tatkal, cancellation fees and some other charg...
 The fifth BRICS summit has promoted unity among major emerging economies and injected fresh impetus into the cooperation mechanism, Chinese F...  If Indian companies do not quickly move into West Africa, Western firms will control the $300-million strong market, says Guinea-Bissau Prime ...  A benchmark index for the equities market gained 84-points in early trade on increased buying by funds as well as retail investors at prevaili...
  The Supreme Court will pronounce an important judgment Monday on a Swiss pharma firm's plea asse...  A technical team of the International Monetary Fund (IMF) is set to visit Egypt Wednesday to discuss a $4.8 billion loan aimed at boosting Eg...  HYDERABAD: Hyderabad collector Syed Ali Murtuza Rizvi has appealed to LPG customers to submit Aadhaar card details to both LPG dealers and ban...
I just read a very interesting report. It came out a few months earlier, but I have read it now. It’s called “Socio-Economic Impact of C...  KANPUR: When RSPL launched its new laundry brand UniWash a month ago, its strategy was in complete contrast to what it adopted for its runaway ...  NEW DELHI: The Delhi government has deferred implementation of an online project for ordering alcohol from suppliers and paying excise duty in...
 MUMBAI: Gunnebo India, the second largest player in the physical banking security solutions market, has set a target of doubling revenue by 20...  NEW DELHI: Jindal SteelBSE -0.99 % and Power's (JSPL's) bid to acquire a majority stake in Gujarat NREBSE 4.19 % Coke's Australian subsidiary...  BANGALORE: Its raw materials are plants and it bases its products on texts dating back millennia, but don't dare call India's biggest herbal h...
 WASHINGTON: The White House has wholeheartedly embraced Yoga as a worthy physical activity at a time some schools in America are railing aga...  KOLKATA: The telecom department (DoT) has asked Tech MahindraBSE 0.36 % to set up a $100-million (Rs 550 crore) test lab for ensuring that ne...  NEW DELHI: Telecom PSU BSNL today said its Internet capacity has dropped by 21 per cent due to multiple fibre cuts in three under-sea cable ...
 MUMBAI: The last nine months have vindicated Vivek Nayer's decision to leave a cushy marketing job with consumer goods maker Reckitt Benckiser ...  NEW DELHI: Bharti Enterprises Vice Chairman and Managing Director RajanBhartiMittal has been appointed the President of International Chamber o...  KOLKATA: What successive Lead Bengal campaigns of Mamata Banerjee couldn't achieve, five very educated young Marwari sons-of businessmen have...
 NEW DELHI: Shri Arup Roy Choudhury, CMD, NTPCBSE 1.37 % Limited inaugurated the commencement of Commercial operation of 5MW Solar Power Plant ... Indian markets flooded with Chinese 'pichkaris' (water guns), balloons and colours this Holi, have taken a toll on over 1,000 Indian small and medium ... Finance ministers of Brazil, Russia, India, China and South Africa are expected to agree on setting up a B...
Indian Prime Minister Manmohan Singh meets new Chinese President Xi Jingping on Wednesday, with both count... India hopes the Indonesian government will undertake policy reforms that will enable Indian companies to i... The finance ministers of the 17-nation eurozone agreed early Monday on a 10 billion euros (about $13 billion) bailout deal for Cyprus to prevent the c...
KOLKATA: A Parliamentary Panel has recommended the merger state-owned steel giants Steel Authority of India Limited (SAIL) and&n... KOLKATA: A Ravikumar, a Hyderabadbased senior pharma consultant, has just bought a platinum bracelet for himself. The 33-yearold has a gold ... MUMBAI: Beleaguered Suzlon EnergyBSE 0.74 %today raised $ 647 million in bonds overseas, becoming the first domestic company to attract investors...
SHIMLA: Hydropower giant Sutlej Jal Vidyut Nigam (SJVN) today signed a Memorandum of Understanding (MoU) with Union Ministry of Power for ge... NEW DELHI: Sun Pharma Advanced Research CompanyBSE 1.13 % (SPARC) today said it plans to file in the second quarter of the next financial ... NEW DELHI: With Malaysia continuing to stonewall CBI's probe into the Aircel-Maxis deal involving former telecom minister Dayanidhi Maran, the En...
MUMBAI: Jet AirwaysBSE -0.97 %, India's second largest airline by market share, has leased a wide body aircraft along with 60 of its cabin crew t... NEW DELHI: Former President A P J Abdul Kalamtoday had his maiden ride on the Delhi Metro train and was effusive about Delhi Met... NEW DELHI: Honda may be a late entrant in to the diesel car segment but the Japanese carmaker is hoping to make up in efficiency what it l...
NEW DELHI: Brand Tihar is going international this year with herbal gulal made by inmates exported to the US and the UK. The herba... MUMBAI: The revenue growth rate of India Inc is expected to slow down to 6-7 per cent in the fourth quarter of the current fiscal from 17.... NEW DELHI: Tata Global Beverages LtdBSE -2.02 %today said it has appointed L Krishnakumar as Executive Director of the company for a pe...
NEW DELHI: Bankers are 'teller-made' for luxury brands — the Wall Street variety is usually hung up on their Armani suits, Le Male p... BRUSSELS/NICOSIA: As new President Nicos Anastasiades hesitated over an EU bailout that has wrecked Cyprus's offshore financial haven status...   The rate of input tax refund (duty drawback rate) for metal-based handicrafts products likel...
 The Bombay Stock Exchange has emerged as the market leader in SME segment with more than 90 percent market share, said an official on Monday. &n...   Prime Minister Manmohan Singh leaves for Durban Monday for the 5th BRICS Summit over the nex...   India's foreign exchange (forex) reserves increased by USD 1.96 billion to USD 292.31 billion ...
  A benchmark index for the equities markets rebounded 148 points in early trade on Monday on ...  The Cairn-ONGC joint venture (JV) Saturday began commercial sale of gas from its Rajasthan block. The initial commercial volumes will be abou...  Call it a deliberate clash of dates or mere coincidence, the Indian elephant and the Chinese dragon were caught courting Africa on exactly the...
  After about 30 years of fast growth, Chinese economic growth rate may see a visible declines in 20...  NEW DELHI: With summer beginning to set in, beverage makers are sparing no time or effort to maximize sales. Cola majors PepsiCo and Coca-Cola...  MUMBAI: With Big B AmitabhBachchan and James Bond star Pierce Brosnan as brand ambassadors, it has been 'bonding with the best' for years. But...
 BARMER: Business magnate Anil Agarwal aims to raise Cairn India's crude oil output to 500,000 barrels per day (bpd), or 25 million tonnes a y...  Bharti Airtel founder and Chairman Sunil Mittal, who was last week summoned by a court to face criminal charges in an airwaves allocation cas...  A special committee of Dell Inc's board is evaluating separate takeover proposals from Blackstone Group and billionaire investor Carl Icahn t...
 BRUSSELS: Struggling into the early-morning hours to avoid a collapse of Cyprus' banking system, European Union leaders on Monday agreed on a b...  If there is one thing that has stayed with the 44-year-old Sonali Maniar through her six-year-long career and travels across three cou... The Board of Trade (BoT) headed by Union Minister of Commerce, Industry and Textiles Anand Sharma Friday met trade bodies and reviewed the country's e...
The new Textile Secretary, Zohra Chatterji said that the growing technical textile industry in India currently provides employment to over 8 lakh peop... India voted for the US-sponsored resolution against Sri Lanka at the United Nations Human Rights Council (UNHRC), which was adopted 25-13 here Thursda... India's software and services export to Latin American countries is likely to double to $1.13 billion in the next two years, Electronics and Computer ...
India should look at Egypt as its gateway to Africa, Osama Saleh, Egypt's Minister of Investment, said in New Delhi. In an interview with IANS on t... The Rajya Sabha Thursday returned to the Lok Sabha the appropriation bill after members decided to skip a debate on account of paucity of time and sub... An indigenously manufactured haematology analyser has become the first Indian product in its category to got a certification for export to European ma...
The member countries of the Association of Southeast Asian Nations (ASEAN) should further boost investment to weather uncertainties of the current glo... KOLKATA: In what it sees as a natural progression to growth in India, US-based Amway Corp, one of the world's largest direct selling compa... NEW DELHI: Cairn IndiaBSE 0.97 %, the operator of India's biggest onshore oilfield in Rajasthan, will start commercial sale of gas from the block...
NEW DELHI: State-run Oil & Natural Gas Corp (ONGC) will invest Rs 4,051 crore to rebuild old offshore facilities in the Arabian Sea.&nbs... PARADIP: The much delayed Posco mega steel plant in Odisha's Jagasinghpur district might be commissioned in 2018, the company said today.&... In a country where historically most women run businesses have been small, local ventures there is a small but perceptible shift underway. A handful o...
Bernanke's comments on Wednesday meshed with the views of some of economic advisers said he is exhausted and wants to return to private life. ... At social gatherings when people ask N Sathyanarayanan, an engineer from Bharathiar University in Coimbatore, what he does for a living, he tells the... ONGC announced three oil and gas discoveries and plans to invest over Rs 4,050 crore to upgrade Arabian sea facilities State-run Oil and Natura...
India and Egypt on Wednesday signed seven agreements, including one for cooperation in micro and small enterprises, to facilitate sharing of informati... India's e-commerce industry is expected to grow more than six times in the next three years to Rs.27,000 crore, the world's biggest online marketplace... India is optimistic about the European Union (EU) overcoming its financial and economic crises and it remains an important market for Indian companies...
The FICCI Wednesday said it has signed a pact with the Taiwan External Trade Development Council to facilitate temporary duty-free admission of goods ... The government Wednesday said it will move amendments to the resolution on Sri Lanka at the UNHRC by sending a "resolute message" and denied... Next generation entrepreneurs and start-ups came together to display 29 innovative products here Wednesday at 'Tech Circle Demo 2013', the Indian edit...
The Bombay Stock Exchange sensitive index, Sensex, on Thursday rose over 103 points in early trade on emergence of buying at prevailing levels amid a ... The United Arab Emirates (UAE) and Japan have held talks on enhancing bilateral economic relations. The talks were held Wednesday between UAE's Min... NEW DELHI: SIDBI Venture Capital Fund, a subsidiary of Small Industries Development Bank of India (SIDBI), is planning to&n...
NEW DELHI: Sadbhav EngineeringBSE 1.06 % today said it has bagged a Rs 382-crore order from NHAI for widening of an 80-km stretch ... MUMBAI: L&T Infrastructure Development Projects is in advanced negotiations to divest up to 20% stake to marquee investors, including Ma... AHMEDABAD: Schott Glass has been appointed to India's national standards body. The company will advise on specifications and guidelines for va...
MUMBAI: After acquiring majority stake in Lloyds SteelBSE -1.79 %, Uttam Galva today said it has got necessary approvals to rename the entity as ... KOLKATA: The Public Enterprises Selection Board (PESB) has recommended Ansuman Das as the next chairman and managing director of National Alumini... NEW DELHI: Foodies have every reason to smile while those who trouble women, beware! Delhi Chief Minister Sheila Dikshit today presented a &...
BANGALORE: With a view to reviving the ailing steel industry and incorporate investments made in the sector, Assocham to... NEW DELHI: The Mines Ministry wants geo-scientists to take up the cause of groundwater in India. Dinsha J Patel, the minister...   ONGC is eyeing a producing field in OPEC member Nigeria for up to $2 billion as it prepares to expand its international portfolio. ...
    As rising fuel prices and lack of policy incentives wither away demand, carmakers are now offering highest discounts in se... BANGALORE: SatishPradhan, executive vice-president in charge of group human resources at Tata Sons, will leave the conglomerate in April, a... BEIJING: Growth in China's vast manufacturing sector picked up in March after a holiday dip, a pre...
    ...   It wouldn't be too hard to stick out in a simple white shirt and black pants amid a crowd of g...   The DMK Tuesday quit the UPA and its government voicing dismay over India's stand over Sri Lan...
  With inflation still a worry, the Reserve Bank of India (RBI) Tuesday cut its short-term len...  Mahindra & Mahindra to shut down its tractor plants at Jaipur and Rudrapur for 5 days and 2 days, respectively, due to inventory pile up ami...  Sandip Das will join Reliance Industries as the head of its 4G mobile venture, two executives with direct knowledge of the development said ...
  NICOSIA: Lawmakers in Cyprus decisively rejected a plan on Tuesday to seize up to 10...  State-run Oil & Natural Gas Corp-led consortium has decided to set up a liquefied natural gas terminal at New Mangalore Port.  The c...   The auto component industry that comprises 70 percent of Small and Medium Enterprises (SMEs)...
  Highlighting the advantage of cloud computing in cutting down the cost of operations for sma...   India targets to boost trade with African countries to USD 100 billion by 2015 from nearly U...   Prime Minister Manmohan Singh will hold talks with new Chinese President Xi Jinping and Russ...
  The RBI is expected to go in for a 25 basis points rate cut Tuesday while reviewing the moneta...  “It’s a world class innovation. Electric cars are not new to the world, but the e2o is the embodiment of the shift to the new league...  The Reserve Bank of India has widened its probe of Axis Bank, ICICI Bank and HDFC Bank to include wealth management and sale of gold coins of al...
  HYDERABAD: Brazilian steelmaker Gerdau SA said it is on the lookout for more acquisiti...  The Delhi High Court today allowed Bharti Airtel to continue with its 3 G Intra-circle roaming facilities till its final order ...  MUMBAI: Loss-making construction firm Gammon India BSE 2.77 % is in talks with its lenders to recast its debt aggregating to Rs 3,500 ...
    Executives at headhunters Egon Zender, Heidrick & Struggles, Randstad and Vito India are suddenly on their toes in a dull hiring...   AK Antony has for years said he wants to encourage the Indian private sector in defence produc...  "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher, owned by Vi...
 The need for an energetic push on economic reform is acute, not least because easier reforms have been done and China's economy will respond in ...   Indian Oil BSE 0.55% , Bharat Petroleum BSE 1.01%and Hindustran Petrole... After offering more than $5 billion line of credit, India is willing to provide more financial assistance for large development projects in African co...
  The Reserve Bank of India (RBI) is likely to cut key rates by 0.25 percent when ...   Cabinet Secretary Ajit Seth Friday reviewed the export scenario of Micro, Small and Medium Ent...  The Competition Commission of India (CCI) said Saturday it would shortly finalise the probe into alleged fixing of petrol prices by cartelisatio...
 Prime Minister Manmohan Singh Saturday here stressed on the need to impart skills and world class education to the youth for a faster economic g...  Lack of competitively priced products and tough financial conditions are upsetting carmakers' plans. They find other emerging markets more inter...   TOKYO: Japan's Panasonic Corp is leaning towards withdrawing from plasma television operations as part of a downsizing of its televi...
 The interior designer was doing up a design studio in Kolkata in January 2011 when the clients asked her to include some artwork to brighten up ...  First project in construction was renovation worth Rs 25,000 for a Forest Department office, after which I started taking small contracts. &nbs...  Indian Oil Corporation Ltd BSE -1.40 % ( IOC BSE -1.40 %) will commission a styrene butadiene rubber manufacturing plant at Panipat th...
Micro, small and medium enterprises (MSMEs) in the country are facing greater competition from China as compared to the rest of the World, Minis...   The Ministry of Micro, Small and Medium Enterprises (MSMEs) is currently reviewing how much successful the public procurement policy has b...   Union Minister for Commerce & Industry and Textiles, Anand Sharma addressing at th...
    India's fiscal deficit which is expected to remain at 5.2 percent of the GDP in the current financial year is high and the co... MUMBAI: It could very well be Hindustan Unilever's 36th brand and one of its most profitable. But unlike its nearly three dozen brands, it's not s... NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) and Oil India LtdBSE -0.73 % (OIL) today made a joint bid to acquire up to 20 per cen...
NEW DELHI: The turnover and profits of Bharat Heavy Electricals LtdBSE -0.03 % (BHEL), the state-owned firm which has been recently gr... NEW DELHI: Infrastructure major Punj LloydBSE 3.39 % today said it has bagged a contract worth Rs 314 crore ($57.75 million) from Al-K... MUMBAI: Roots Corporation Ltd (RCL), a subsidiary ofThe Taj Group, has appointed P K Mohankumar as Managing Director and Chief Executive...
NEW DELHI: European telecom equipment makerEricsson has appointed Chris Houghton as the new Head of Indian region.  Hough...   Ozone treatment has been widely used internationally in food processing as ozone removes impurities without leaving any harmful residu...   With technology finding new ways to sneak into our lives, it is little wonder that the sector has thrived and has been dishing out...
Hindustan Petroleum Corp Ltd on Thursday signed an agreement with the Rajasthan government to set up a Rs 37,000 crore refinery-cum-p... In the Pre-Policy Meeting on the Foreign Trade Policy (FTP) with Commerce, Industry & Textiles Minister in New Delhi on Wednesday, Federation of I...  Deputy Chairman, Planning Commission of India, Dr. Montek Singh Ahluwalia Wednesday urged the Business 20 Coalition (B-20) to take steps to rais...
 India has the ability to become the next app superpower due to its enormous consumption power and potential, said a panel of experts at the 14th...  The government will revise the investments thresholds for micro, small and medium enterprises in line with inflation to encourage them to invest...   LUCKNOW: Tangible benefits may follow in due course, but for now chief minister Akhilesh Yadav is leading a gradual makeover for Brand UP.&nbs...
 MUMBAI: It could very well be Hindustan Unilever's 36th brand and one of its most profitable. But unlike its nearly three dozen brands, it's not...   Think back to those days when telephones were black bakelite boxes propped up proudly in the living room, when refrigerators were not frost-fr...  NEW DELHI: Rashtriya Ispat Nigam (RINL) has clocked 22 per cent growth in revenue in February at Rs 1,465 crore despite its production getting h...
  NEW DELHI: Petroleum secretary Vivek Rae has decided to take one last shot at resolving the dispute between Reliance Indus...   SELARPUR: Billionaire Mukesh Ambani- run Reliance Foundation has undertaken a CSR initiative on rural transformation, whic...  NEW DELHI: Senior IAS officer Sindhushree Khullar has been given two years extension as the Secretary of the Planning Commission....
 Cushman said volumes could grow by 15-20% as such concerns over China fade and investors target emerging economies such as India and Indonesia. ...  It was the mid-1990 s and the internet was becoming popular. "It also meant greater risk for computers as it created another channel for vi...  Ahead of Foreign Trade Policy (FTP) to be announced in the first week of April, Chairman AEPC, Dr. A Sakthive, Tuesday submitted its proposal to...
 India's industrial output increased by 2.4 percent in January as against a contraction of 0.6 percent in the previous month, giving an indicatio...  Komatsu set to buy out L&T Stake in joint venture MUMBAI: LarsenBSE -0.49 % & Toubro (L&T) is in the final stages of nego...  MUMBAI: Walmart Stores Inc has stopped opening new stores in India, pending an anti-bribery probe into the company's operations, and h...
 The structuring will also see Goyal and Etihad jointly hold 75% in the listed carrier, complying with Sebi's new public shareholding norms. &nb...  Heavy Industries Minister Praful Patel seeks exemption for utility vehicles such as Mahindra Bolero and Tata Sumo from the 3% additional excise ...  DUBAI: The number of Indian companies in UAE's Jebel Ali Free Zone (Jafza) has almost tripled in the last 10 years, growing to 698 in 2012 from ...
 Expressing rejoice over increase in exports by 4.25 percent to $26.26 billion in February, registering positive growth for the second straight m...  Former president A.P.J. Abdul Kalam Monday said there was a need for creating an educational system that highlighted the importance of entrepren... Describing forging deeper partnerships with emerging powers as a key pillar of US strategy for the Asia-Pa...
 Sources said on top of the excise duty exemption, Cadbury is alleged to have wrongly claimed income tax exemption on profit earned through its p...   MUMBAI: Berger Paints IndiaBSE 0.85 % has acquired the architectural paints business of Sherwin Williams Paints India...       An over-stretched balance sheet forcing GVK to sell 51% stakes in its key Australian energy assets to rail-freight compa...
 BHUBANESWAR: Odisha government has asked 36 steel companies, including Posco-India and Arcelor Mittal, which had signed ...  Delhi high court recently dismissed a writ petition filed by the tax department relating to transfer of shares of an Indian listed company betwe...  Defence Ministry clears oil blocks of RIL, others   NEW DELHI: Ending weeks of stalemate, the Defence Ministry has cleared Reliance Indus...
 In India, 60 per cent of organisations rank inter-cultural skills as very important while 33 per cent feel it’s fairly important.   ...  Rediffusion-Y&R has appointed Komal Bedi Sohal, one of the best art directors in the global advertising industry, as its national creative d...  Goldman Sachs should break further from the Wall Street pack and needs a revamped compensation system that rewards people for taking prudent ris...
 Ahmedabad became the fifth Indian city to host the Startupweekend, a global platform for aspiring startups, incubators, and mentors.   ...  Sandeep Garg led Sandeep Gold Resources SARL, acquired seven exploration permits for $4.4 million from another miner, Golden Rim Resources. &nb... New Delhi: India on Monday offered Kuwait a stake in state-owned Oil and Natural Gas Corp. Ltd’s (ONGC) Rs.21,396-crore petrochemica...
 Growing for the second straight month, India's exports grew by 4.25 percent in February to USD 26.2 billion over the USD 25.19 billion same mont...  India's manufacturing output is likely to remain subdued in the fourth quarter of the current financial year due to sluggish demand and high inp...  The 9th CII-EXIM Bank Conclave on India-Africa Project Partnership, the largest ever India-Africa business meet, begins in New Delhi March 17. ...
 In a bid to prevent irregularities in the export values declared by exporters and those registered by banks providing them forex services, the R...  The Confederation of All India Traders (CAIT) Sunday announced a countrywide "Sampark Yatra" across the country from April 1 to protes...  BHUBANESWAR: The state government will submit a project proposal to the Centre for development of national investment and manufacturing zon...
 Italian firm Perfetti is eyeing a turnover of Rs 2,000 crore in India next fiscal and plans to set up fourth plant in the country.   PANA...  MUMBAI: Home appliances and consumer electronics company Haier Indian aims to grow by 43 per cent this year.  "In 2013, ...  NEW DELHI: Panasonic India may miss the target of achieving Rs 5,500 crore in sales from consumer durables segment in 2012-13, mainly ...
 There is a dazzling field of mirrors that you can find near the vast saltpans of the Little Rann. It is like a sparkling oasis in the desert &md...  CAG begins audit on govt’s role in fixing oil and gas prices, particularly from Reliance Industries, to various consumers with an aim to a...  MUMBAI: Leading innerwear player Lux Industries Ltd is going to invest Rs 100 crore on plant, machineries and marketing activities.&nb...
JSW Steel will commission the first phase of its new 2.3 million tonnes plant, which will produce high-grade automotive steel, by September this year....  Power companies, regulators to demand penalty from CIL for supplying poor-quality coal; watchdog asks coal major to reply to monopoly charges in...  The country is likely to import around 20 million tonnes of the commodity in the current financial year due to insufficient availability.  ...
 If successful, deal could catapult Amtek Auto into one of the world's largets auto parts makers with $2-bn sales and a capacity of 1 mt per year...  MUMBAI: The Bombay Management Association has recognised top achievers from various field of management who have made outsta...  Ahuja vouches that frugal innovation gives MNCs an edge not only in competing against local players but also in offering Indians affordable prod...
SHANGHAI: China's consumer price inflation is forecast to be around 3 percent in 2013, the price monitoring unit of the country's top econom...  After serving in the army for 37 years, Bhasin decided to take voluntary retirement in October 2004 and shift focus to an old dream: making a di...  Armed with Rs 5 lakh from their savings, and backed by eight embroiderers and designers, Anirban Haldar and Rajesh set up shop at Oshiwara, Mumb...
  AHMEDABAD: Ahmedabad-based Entrepreneurship Development Institute (EDI) will help Tamil Nadu in capacity building for the small and ...   Companies like IFFCO, Tata Chemicals, RCF are among the 14 fertiliser firms who have shown interest in investing in the country's urea sector....   NEW DELHI: The Central Bureau of Investigation (CBI) on Thursday questioned a senior official of Tata SteelBSE 2.01 % executive on t...
Decision to allow voice on 4G was recommended by both Trai and TC: Govt NEW DELHI: The government trashed allegations by mobile phone companies that ...   Vice President Nicolas Maduro will be sworn in as acting president of Venezuela on Friday after a state funeral is held for Hugo Chavez. &nbs...   The study revealed that only 26% of Indian MNCs have global roles from India, despite having over 40% of their headcount being represented out...
  China exports jumped by a fifth in February from a year earlier, more than double expectations, but imports were much weaker than forecast, of...   Call to raise Minimum Support Price for farmers, is gaining momentum in the region as textile exporters lose out because of demand-and-supply ...   Print and packaging units based in the city invest 5% of their input cost on designers to ensure global quality and avoid attrition.   ...
  SINGAPORE: India needs a flexible credit insurance regime to aid commerce and trade for the prosperity of its small and medium enter...   KOLKATA: The difference between landed cost of Indonesian coal and a similar category of coal supplied by Coal India LtdBSE -0.77 %&...   MUMBAI: The tool-down strike at Mahindra & Mahindra's Nashik plant, which started on Tuesday evening over new wage settlement agreement, c...
 This is in stark contrast with an average 15% return on equity (RoE) generated by these companies from their domestic operations.   MUMBA...  The company had earlier acquired assets, improved efficiencies and subsequently sold them at attractive valuations.   The sale of its ste...   HOUSTON/DETROIT: General Motors Co aims to save fuel by trimming the weight of its vehicles even as it develops electric cars with a driving r...
  Rajan Mehta Earlier job: Founder, Benchmark Mutual Fund Quit in: July 2011 now runs: My Care Health Solutions&nb...   BHUBANESWAR: Over 9,000 runners lined up for the 9th mini-marathon held here on Tuesday morning as a part of the Panchayati Raj Day which is c...  A sub-committee has also been formed, involving about four banks to examine availability of assets of the borrower, says SBI MD.   TIRUCH...
 Growing surge in Internet commerce that is pushing young entrepreneurs to vie for a share in India’s massive market for religious products...  Samsung has agreed to offer entry-level 4G smartphones at a little over $100 (about Rs 5,500) for use with RIL's voice and high-speed internet s...  Now, several global fast food giants are turning vegetarian in the city by overhauling their menu to include vegetarian cuisine in the vegetaria...
  The latest quarterly financial performance of MphasiS BSE -1.19 % shows that the Bengaluru-based IT exporter is still a few quarters...  Almost half of Future Group’s key mangers have moved out over the last one year when the group is realigning itself to sharpen focus on pe...  NEW YORK: About an hour after the Dow Jones Industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser ...
  MUMBAI: French firm Pernod Ricard has overtaken Vijay Mallya's United SpiritsBSE 1.97 % to become the country's most profi... There are perhaps only a few in this country who have no memory of Parle-G biscuits, from the tiffin boxes of little school children or as part of the...   NEW DELHI: Italian luxury fashion house Ermenegildo Zegna known for men's suits, is open to sourcing from India, its CEO said. &q...
 MUMBAI: The garment industry is likely to post an annual growth of 12-15 per cent in the wake of budgetary measures like removal of&nb...  Buoyed by the success of divestment this fiscal until now, the government has set a target of Rs 54,000 crore in the Union Budget 2013-14 and fi...  Engineers said they hope the NASA rover can resume limited science operations this week.   CANAVERAL: A computer glitch, possibly caused ...
 A comparatively higher rate of loans slipping into non-performing assets and restructuring of loans impacted the asset quality of the public sec...  For shareholders of automotive and industrial lubricant manufacturing firm Castrol India, the 10 per cent profit growth the company posted in th...  Standard Chartered is set to report its 10th successive record annual profit on Tuesday after strong growth in its core Asian markets offset a b...
  NEW DELHI: Indian Oil Corporation BSE 0.43 % Ltd's (IOC) grassroot refinery at Paradip is at an advanced stage of construction and t...  Budget 2013 has waived the 5% import duty on chip-making equipment and allowed companies a new tax deduction of 15% on investments above Rs 100 ...  Kolkata: The stand-off between Haldia Petrochemicals Limited and the consortium of lenders continued as the promoters were yet to commit on the...
 RINL, the corporate entity of shore-based Visakhapatnam Steel Plant (VSP), has registered an all-round improvement in its February performance t...  MUMBAI: With infrastructure and construction sectors expected to see a revival over the next two-three years, equipment manufacturer Action Cons...   GURGAON: As workers and the Hero MotoCorp management struggle to reach a middleground, the Gurgaon-Manesar cluster is closely watching the out...
BHOPAL: Shashi Ranjan Prasad would be the new Executive Director of the Bhopal unit of Bharat Heavy Electricals Limited (BHEL).  Currently he...  Cyrus Mistry on Sunday made his first public appearance here after taking over the reins of Tata Sons as Chairman in December last year. JAMSHE...  Embattled Daimler AG boss Dieter Zetsche will this week defend his strategy - and his job - by unveiling a new Mercedes seen as key to the premi...
 While working in the UK, Suman Bharti spotted an opportunity to design and manufacture corsets in India. Today, he heads Corset Wholesale, a Rs ...   Experts say allowing direct transfer of money from cos to incubator, rather than pulling it up centrally and then disbursing may improve the e...  Budget 2013 has totally side-stepped all the pressing concerns of the MSME sector except for making available the subsidised finance to SMEs: KA...
 Budget proposal to continue benefits to small units for 3 years even after they graduate to a higher category will encourage more units: K H Mun...  Cipla Ltd offered over $500 million to buy out South African affiliate Cipla Medpro on Thursday, sweetening its bid by 17 percent.   MUMB...  Super rich cars Aston Martins may cost Rs 1 crore more while Harley Davidson price may go up by Rs 1.75 lakh.   Super rich cars such as A...
  BANGALORE: Hewlett Packard owned IT firm MphasisBSE 0.49 % on Thursday said its revenues for the first quarter fell 3.8% sequen...  Groupon Inc replaced Andrew Mason as chief executive officer on Thursday, a day after posting dismal quarterly results   SAN FRANCISCO: G...  Young people, who are taking to entrepreneurship like never before, were watching the Budget very closely. ET spoke to seven young ent...
     Bob McDonald, the chairman, president and CEO of P&G remains one of the few global chief executives still brimming with ...  Barista is looking to exit the business even as India’s $230-million annual coffee through cafes market is set to swell to $410 million by...  CLE has sought implementation of 2% interest subvention scheme for entire leather sector.   Last year, the Union Budget witnessed some co...
 The petroleum industry is looking for a re-introduction of the tax holiday for refinery projects in the Union Budget 2013.   NEW DELHI: T...  FICCI has recommended exemption of customs duty on Liquefied Natural Gas used for steel manufacturing process to lessen the burden on steel manu...  For oil marketing companies such as Indian Oil, BPCL and HPCL the benefit will be marginal — mainly an improved cash flow that will reduce...
  NEW DELHI: The Indian Machine Tool Manufacturers' Association (IMTMA) has asked for low interest capital to machine tools industry f...  NEW DELHI: Union Budget 2013 should increase customs duty on sponge iron from current level of 5 percent to 10 percent, Spon...   NEW DELHI: The Sponge Iron Manufacturers Association (SIMA) has asked for an increase of basic customs duty on steel melti...
 NEW DELHI: Union Budget 2013 should increase customs duty on sponge iron from current level of 5 percent to 10 percent, Spon...  Under the circumstances, excise duty on aluminum extrusions should be reduced from 12% to 8% in order to encourage the use of aluminum products ...  “I have never had the opportunity to drive this super car on a racing track. The experience is simply exhilarating,” says 25-year-ol...
  Increasing expenditure on healthcare and healthcare infrastructure is something which the industry is looking forward during the Union Bu...  A slowdown in consumer spending and rising inflation have become big concerns for FMCG companies. This is getting reflected in th...  Auto component maker Bosch Ltd reports 38.79% decline in net profit for the fourth quarter ended December 31, 2012 at Rs 172.06 crore.   ...
  WASHINGTON: As US oil and natural gasBSE 1.32 %production booms, the Obama administration's energy policy has been "fluid&...  Global snacks and chocolate major Mondelez International (Cadbury in India) has restructured its emerging markets operations to create individua...  Ranbaxy said consolidated sales fell 28.8 per cent to Rs 26.71 billion in the fiscal fourth quarter ended December.   MUMBAI: Ranbax...
 When Anand Satyan of e-commerce logistics firm DeliverWithMe wanted help in developing content to boost his company’s online profile, he o...  Mohandas Pai and former Citibank executive Ramesh Ramanathan will be part of the business groups throwing their hats in the ring for a licence t...  Data submitted to FinMin has revealed that cyber criminals have defrauded banks in the country of almost Rs 130 crore in the last three years &...
 India has successfully launched the world’s first smartphone — loaded with a number of experimental ‘Apps’, some serious...  "We have knocked our heads together to see if it is possible to have dual prices of diesel at the same retail outlet (petrol pump)," h...  Welcome back to the world of marketing wars and aggressive competitive advertising in the consumer goods market. After a lull of almost two year...
 MUMBAI: Indian ethnic wear brand Seven East is aiming revenues of Rs 100 crore by March, 2015, promoter Sanjay Bindra said today. ...   NEW DELHI: Jewellery portal Jewelsnext.com is targetting to increase its turnover by five-fold to Rs 100 crore in the next...  BHUBANESWAR: The Justice M B Shah Commission inquiring into illegal mining has served notices to some 119 mining companies in&nbs...
  VISHAKHAPATNAM: State Bank of India (SBI) on Monday said it has sanctioned Rs 2,500 crore to Rashtriya Ispat Nigam&nb...   KOLKATA: State Bank of India, one of the lenders to ailing Haldia Petrochemicals Ltd, has been accorded a board position in the company, ...   COIMBATORE: Kodak, the multinational photograph and equipment major, is hopeful of emerging out of bankruptcy by the end of the year, a top&nb...
  NEW DELHI: The members of Hero MotoCorp's workers' union at its Gurgaon unit have decided to go on a hunger strike from Thursday, demanding hi...   AHMEDABAD: Ahmedabad-based Abellon CleanEnergy Ltd and Mumbai-based A2Z Maintenance BSE -1.31 % will build two green power projects ...  MUMBAI: Pantaloon Retail (India) Ltd today posted a loss of Rs 20.41 crore on standalone basis for the quarter end...
  NEW DELHI: Hardware, services and distribution company HCL Infosystems BSE 1.62 % on Monday announced the outsourcing of its manufac...   BANGALORE: The heady promise of money and mentoring is proving to be short-lived for scores of fledgling ventures graduating from the growing ...  PANAJI: Goa government is mulling branding its handicrafts indigenously as part of an initiative to promote the cottage industry. This is be...
 NEW DELHI: In the presence of the Minister of Railways ShriPawan Kumar Bansal and the Minister for Heavy Industries & Pu...  A federal judge on Monday ordered Rajat Gupta to reimburse $6.22 mn to the bank to help cover its legal expenses related to his criminal insider...  Nestle, the world's largest food company, last week reported its slowest growth in business and profits in several years for 2012 as it continue...
 The Reserve Bank of India is moving closer to making subsidiarisation of foreign banks' operations in India a reality by making it mandatory for...  Changing lifestyles, issues around travelling and the overall slowdown in the economy have aided growth of the food delivery business in the cou...  MUMBAI: Forevermark, a diamond brand developed by De Beers Group, expects demand in India to remain positive in 2013, and is eyeing "d...
  NEW DELHI: German safety certification firm TUV Rheinland today said it is ready to serve electronics and IT clients in India to hel...  NEW DELHI: Garment exports may touch $30 billion level in the next three years if government reduces import duty on synthetic fabrics ...  Bolani: Steel Authority of India Limited (SAIL) has lined up an investment of Rs 10,284 crore to double capacity of its captive i...
 MUMBAI: Country's cement production is likely to rise by 6.4 per cent this fiscal, following an estimated growth of 4.8 per cent in De...  NEW DELHI: The Steel Ministry has sought incentives, including zero import duty on machinery for iron ore beneficiation...  "We are working with the USFDA, and have identified and implemented multiple corrective and preventive actions," Ranbaxy said.  ...
 MUMBAI: The number of brands which associated with sports came down last year compared to 2011. However, international sports celebrities m...   CHENNAI: Sri City, South India's largest integrated business city consisting of a special economic zone, today signed a memorandum of understa...  Arun Tadanki, MD, India & Southeast Asia for Yahoo! resigned on Saturday. However, he will remain with the company till June to oversee the ...
The bank's preliminary PMI stood at 50.4 for the month, down from a final 52.3 in January, it said in a statement. SHANGHAI: China's manufacturi... Pervez Ahmed has launched Urgent Care, a chain of critical care centers to help stabilise accident and trauma victims. NEW DELHI: A clutch o...  Fashion boutiques in Koramangala are grabbing eyeballs for all the right reasons. These one-stop fashion shops have turned into the perfect laun...
 GMR has decided to exit its first independent power project (IPP) outside India by selling the entire 70% stake in its Singapore plant.   ...   KOLKATA: GSM operators want to exchange units in 1900 MHz airwaves with the 2100 MHz spectrum held by armed forces so that the telcos have add...   MUMBAI: General Insurance Corporation of India and four other state-run general insurers have come together to reinsure the Iranian ...
 The oil and gas industry is hopeful that the budget may treat natural gas on a par with crude oil for tax exemption.   NEW DELHI: The oil...  NEW DELHI: The government today approved the merger of Vishakhapatnam-based Bharat Heavy Plate & Vessels with state-run power equipment majo...   NEW DELHI: Pennar Industries BSE -0.20 % today said it has bagged Rs 50 crore contracts for pre-engineered buildings in Maharashtra,...
 NEW DELHI: Pay scales of Air India's pilots, engineers and cabin crew will now be fixed as per the industry norms with the government ...  NEW DELHI: The chairman of AirAsia Bhd, the low-cost airline which is entering India through a joint venture with Tata Sons, has said that he wi...  NEW DELHI: Sistema Shyam, which offers CDMA services under the MTS brand, says it will shut operations in 10 of its 22 circles as they...
  MUMBAI: A few private sector lenders have started strengthening their rural presence as they prepare to take on competition from new players w...   MUMBAI: Tata Group watchers say new chairman Cyrus Mistry may seek insights from Tata Log, a book by Harish Bhat, Tata Glo...  MUMBAI: A few months ago, Shripad Desai made a radical shift - he joined the non-profit AmeriCares India, as its new managing dir...
  WASHINGTON: United Airlines said Thursday it expected to keep its six Boeing 787s out of service until May 12, as the cutt...   Last December, a US-based online retailer Sazze recorded blockbuster sales on Black Friday, a day of promotional sales that kicks off the...  Unlike most other people, Pallavi Gupta, an entrepreneur finds it difficult to unwind and let off some steam after coming home from work. She ca...
 US-based AIG posted a net loss of $4 billion, or $2.68 per share, compared with a year-earlier profit of $21.5 billion.   Insurer Am...  NEW DELHI: The big fat Indian wedding is getting bigger, fatter and now branded, with multinational fast-food chains such as Domino's, Costa Cof...  PepsiCo today expanded its Tropicana range in India with the launch of three variants of Tropicana juices in powdered form.   NEW DELHI: ...
 The government's thrust on infrastructure may bring cheer as it would increase overall metals demand.   KOLKATA: The Indian steel industr... This could well be a last-ditch attempt by tax authorities to finish the messy job of bringing to book individuals having undisclosed accounts with HS...   ATHENS: International Olympic Academy ( IOA) president Isidoros Kouvelos called on the International Olympic Committee (IOC) to...
 The stock of Reliance Communications BSE -1.58 %has yet to recover from the sharp slide a day after it declared its third quarter results o...  NEW DELHI: Nestle on Wednesday said its outlook for the next quarter remained cautious given the uncertainty in the environment, but added ...  The UPA government had little to worry then about its spending spree. It was voted back power at the Centre in 2009 and is now readying for poll...
  Bank deposits have continued to lag credit off take for yet another fortnight, way behind the central bank's comfort levels. Aggrega... There was even some speculation that Cameron might "bump into" Modi during his recent India visit, but that was not to be.   AHMEDABA...  Citigroup Inc Chairman Michael O'Neill is not eager to explore a breakup of the third-largest U.S. bank, the Wall Street Journal reported, citin...
  NEW DELHI: A government panel has recommended that BlackBerry be asked to provide access to 'PIN' details of all its handsets across...  NEW DELHI: Slated to make its debut soon in the diesel-powered car segment with Amaze, a sedan built on the Brio platform, Honda Car India&...   KOLKATA: The smartphone war between Samsung and Apple has reached the Indian shores. Just two days after ET reported iPhone's rapid ...
 Mercedes-Benz India MD & CEO, Eberhard Kern unveiling the new Mercedes-Benz G63 AMG in Mumbai on Tuesday   MUMBAI Mercedes-Benz ... BALLINDALLOCH, SCOTLAND: George S Grant markets malt whisky made in the shadow of the snowcapped Ben Rinnes Mountains, from the same spot where, ...   MUMBAI: Binani Industries BSE 11.65 % is in talks with potential financial investors such as JP Morganand state-owned funds in ...
 HealthStart venture aims to back about twenty young companies in healthcare     NEW DELHI: A team of healthcare entrepreneurs is br...  Allcargo to set up rail terminal in Hyderabad   MUMBAI: Allcargo BSE 0.48 % Global will invest in setting up a new&nb...  New York City is arguably the top culinary destination in the US with six of the 10 best restaurants in the country, a survey showed.   &...
  SINGAPORE: Reliance Industries BSE 1.91 % has sold up to 20,000 tonnes of naphtha for first-half March loading to Unipec a...  Shahrukh Khan's Kolkata Knight Riders (KKR) CEO, Venky Mysore will take on the additional responsibility of Red Chillies Entertainments Pvt Ltd ...  Any lobbying for lower tax rates seeking level playing field with competition will probably benefit only the lobbyist.   MUMBAI: Any lobb...
  NEW DELHI: Finance Minister P Chidambaram on Tuesday called for innovative financing solutions to encourage greater private par...  Japan logged its worst ever trade deficit for January due mainly to heavier fuel import bills, official data showed Wednesday.   TOKYO:&n...  AHMEDABAD: The global entrepreneurship event Start-up Weekend, after being to every major global city and over hundred countries, will be organi...
 To get rid of the monotony of working out with machines, fitness clubs are coming up with newer concepts that make shaping up a lot easier. The...  NEW DELHI: Industry body CII has asked the government to consider rolling back alternate minimum tax imposed on companies, mainly on small and m...  The strike as been called against fuel price hike, and for violation of labour laws. Trade unions claim around 10 lakh bank employees will strik...
  LONDON: Tata Steel, in a joint venture, will set up a 22 million pounds manufacturing facility at its Brinsworth site in Rotherham to help dev...  Big corporates ride weak realty market by moving to bigger offices to save on cost & space MUMBAI | BANGALORE: Many companies, taking advan...  Sebi and the Sahara group have been locked in a bitter dispute over debentures issued by two Sahara group companies to thousands of investors. ...
 This should satisfy the credit ratings agencies that have threatened India with a downgrade if steps are not taken to cut the fiscal deficits. ...  The Reserve Bank of India and the finance ministry have clashed over the proposed financial holding company for public sector banks. NEW DELHI:...  The policy which is expected to be released within a couple of months has banked on Information Technology and Tourism as the economic driver of...
The owner of magazine Reader's Digest, once the staple of doctors' offices and coffee tables, has filed for bankr...  NEW DELHI: The government is considering allowing units in special economic zones (SEZs) to recycle plastic waste. At present, the...  In its pre-Budget memorandum, SIMA said import of steel melting scrap in current financial year from April 2012 to January 2013 has broken all t...
 Forty one villages, two thirds of whose population live below poverty line, have proposed to pay Rs 35 crore.     KORAPUT/NEW DELHI...  The start of the Hongyanhe plant comes after Beijing approved a nuclear power safety and a development schedule for the industry in October &nb...   MUMBAI: A deal between Abu Dhabi's Etihad Airways and Naresh Goyal's Jet Airways BSE -5.53 % may take more time to consummate a...
 A raft of business surveys this week will be combed over for confirmation of hopes that a dire fourth quarter of 2012 marked the cyclical trough...  The White House is drafting a backup immigration reform plan in case a bipartisan congressional committee working on a bill fails, an Obama Admi...   British supermarket chain Wm Morrison said it has bought 49 stores from the administrators of failed DVD-rental chain Blockbust...
 The cuts, called the sequester, would drain $85 billion from the government's budget over the coming seven months.     WASHINGTON: ...  MELBOURNE: Australian packaging group Amcor Ltd reported a better-than-expected 5.7 percent rise in first-half underlying profit,...  LG Display said on Monday it would invest 706 billion won ($654.8 million) to manufacture next-generation displays used in televisions.   ...
 SYDNEY: Lend Lease Corp Ltd, Australia's largest property developer, posted a 39 percent rise in first-half net profits on Monday...  Mumbai-based Mitalee Doshi hits pay dirt by taking the e-commerce route to affordable wellness.     How often have you decided to d...  Rift Labour, profitability suffers due to an onslaught of cheaper products from China.   DELHI: Considered as a vital cog in the Capitals...
 The rose, formerly named 'Pink Floyd,' will now be known simply as Miraval. A white is planned for the end of the summer and reds next year. &n...  The two companies will develop and market Glargine, the generic version of French drug maker Sanofi's Lantus, Lispro and Humalog of Eli Lilly an...  Soon, the Petroleum and Natural Gas Regulatory Board (PNGRB) is expected to ask bidders for revised documents to prepare letters of intent. &nb...
 According to reports, out of 12 million tonnes of bulk diesel consumed per month, consumption of private buses and state transport corporations ...  White toothpaste share falls below 50 pc for the first time; value-added oral care pie grows fastest in more than a decade.   MUMBAI: Con...  NEW DELHI: The Mines Ministry today said there are lots of "complex" issues that need to be addressed before selling government's rema...
  LONDON: India has the potential to be the saviour of the global thermal coal market amid plentiful supply and a likely fall in demand in devel...     MUMBAI: The Reserve Bank today allowed Apollo Tyres to increase FII investment limit under the Portfolio Investmen...  MUMBAI: Suzlon Energy BSE -10.74 % reported its biggest quarterly loss of Rs 1,154 crore in the three months to December as it perform...
  NEW DELHI: DLF BSE -2.26 % on Thursday said its net profit for the December quarter rose year on year, after nine straight quarters ...  NEW DELHI: Tata Motors Ltd BSE -2.15 % is slated to come out with its third quarter results for the financial year 2013 on Thursday. T...   NEW DELHI: Uninor, the Indian arm of Norway-basedTelenor, on Wednesday said it had dramatically narrowed its losses to Rs 436.8 crore (444 mil...
  NEW DELHI: Godrej & Boyce Manufacturing Company and Bosch and Siemens Home Appliances (BSH) Group have collaborated to...  The Centre has advised the Odisha government that a number of recent resolutions it has taken is not in concurrence with the law.   NEW D...  GMR, which operates the airports in New Delhi and Hyderabad, expects cost saving of 5-10 per cent from implementing the suggestions.   BA...
  MUMBAI: Lanco Infratech BSE 1.44 % is in talks with strategic and financial investors to sell stake in three power projects separate...  Resident Barack Obama pledged to pursue a trade agreement with the European Union that would expand the world's largest economic relationship, w...  One of the leading manufacturers of sports goods in India, is ready with a pre-budget wish list.   MEERUT: One of the leading manufacture...
  Rajkumar Ghosh, Director (Refineries), inaugurated 'Productivity Week' at Indian Oil. Productivity Week is being observed at In...  The Government intends to present the revised National Food Security Bill in the Parliament during the upcoming Budget Session that begins on Fe...  NEW DELHI: India's Gems and Jewellery exports are expected to decline about 14 per cent to USD 37 billion in 2012-13 due to sluggish demand in w...
  NEW DELHI: Beverages major Coca Cola today reported 16 per cent growth in sales volume in India for 2012 on strong demand for i...  MUMBAI: The steel industry may see further rise in its operational cost, along with the already high financing cost in the near future...   NEW DELHI: Criticising the formula suggested by Rangarajan Committee on pricing of domestic natural gas, fertiliser industry today said i...
 Vedanta Aluminium still struggling for bauxite linkage even after it was forced to close down its one million tonne refinery due to non-availabi...  MUMBAI: A joint venture company between Crompton Greaves BSE 0.58 % (CG) and Saudi Transformer Company today inaugurated its flagship ...  When Parle Products launched Parle-G in 1939 during the British rule, the firm considered it a responsibility to sell affordable biscuits to Ind...
 This would pit the 80-year-old Dettol directly against Vim that has been dominating the dishwashing space for close to 100 years. NEW DELHI: Re...  Renault-Nissan partnership is building a casting and machining shop, which will help them to move from engine assembly to engine manufacturing. ...   The project has been sanctioned by MNRE under Solar Off-Grid Photovoltaic program of the Jawaharlal Nehru National Solar Mission (JNNSM) Febr...
  The government has asked the Centre for Development of Advanced Computing (C-DAC) to partner in the project, to help reduce the price of the t...   The number of urban telephone subscribers in India decreased while the share of rural subscribers has gone up to 37.80 percent in December 201...   Using the Internet outbreak reporting system ProMED-mail, unknown outbreaks in resource-poor settings can be evaluated in real time and respon...
  Efforts are underway to coordinate with the Ministry of Communications and IT, for better frequency allocation plan for the community radio st...   This was in response to a PIL asking for guidelines to regulate the operations of intelligence agencies, especially with regard to citizens' p...   According to an Assocham study, around 54 crore bank customers shall be issued debit cards in the next three years, making banking more inclus...
  Focus areas include a new IT park and a IIIT campus, trebling IT exports, implementing the ESDM policy and setting up cyber cafes in each vill... "The main aim of launching Enterprise Europe Network (EEN) in India is to help micro, small and medium enterprises, who want to expand their bu...   NEW DELHI: SME investor Fulcrum Venture India today said it has made an investment of Rs 8 crore in Congruent Solutions, a spec...
 NEW DELHI: Indian handicraft exporters have resorted to constant up-gradation of their products by infusing new designs mainly to survive in US ...  From basic information to more specific searches, like real estate and retail, these websites are filled with details.   BANGALORE:...   Reliance Communications outsources its network operations and management in northern and western India to Ericsson for about Rs 5,385 crore. ...
  The Supreme Court said that all spectrum vacated by 122 quashed mobile permits must be put up for sale in the upcoming spectrum auctions. &nb...   The media research company and TCS signed a 10-year contract in 2007 under which the Indian company was to provide IT and business services. ...   KOLKATA: The total valuation of the food processing industry is expected to reach $194 billion by 2015 from a value of $121billion i...
 Loop said in a statement that it "would send out a message to the global investor community that India is not interested in needless litiga...  Financial advisors recommend mutual fund schemes to investors as a diversified portfolio of stocks is less risky than individual stocks. Mutual...  There are smiles, accompanied by a few groans. This about sums up the reaction to the earnings report of the third quarter of 2012-13. While the...
 MUMBAI: Home appliances major Eureka Forbes, a subsidiary of Forbes & Co, is understood to be in advanced negotiations with Switzerland's Lu...  Aside from much slower speed at writing on paper, another significant drawback to traditional pens when compared to typing on a computer is the ...  New York—Pharmaceutical Company GlaxoSmithKline is in talks with media agencies about a possible review of its estimated $1.6 billion glob...
 LinkedIn has revealed Q4 profits of $40.2 million, double the amount expected by industry experts. Turnover was also higher than expected at $3...   Former Oracle partner CedarCrestone is alleging the vendor has engaged in an "unlawful and systematic attack" against the third-part...   For the first time, a major botnet take-down has included direct victim notification that warns users their PCs are infected and shows them ho...
  The influx of younger workers and BYOD programs in 2013 will continue to shake up IT departments, according to new research reports. Should CI...   Microsoft may have a plan to address the poor battery life of its new Windows 8 Pro -- a keyboard that includes an extra battery, something th...
  A U.S. district court judge has ruled that 13 Motorola Mobility patent claims related to digital video are invalid in a patent licensing case ...   The head of IBM's mainframe group is looking to bring mobile and social workloads into the platform in another move that would help the mainfr...   Enterprise customers and analysts assess Dell's ownership change. There is a lot yet to be told about how going private will change Dell, but...
  The company reported a 1.37 billion Euros loss in the fourth quarter, on revenue of 4.1 billion Euros. Alcatel-Lucent reported a fourth-quart...   Long term users tend to go for hybrid software solutions while new adopters go directly to the Cloud. Long term users tend to go for hybrid s...   The recent hack of a Federal Reserve's website highlights an ongoing problem many organizations face in trying to keep software up to date wit...
    Forget fumbling with cash and credit cards; smartphones have long been seen as a way to make in store purchases faster and easier. But... Radnor, Pa.—Google Inc. has agreed to acquire Channel Intelligence, which provides e-commerce services to online retailers, ... Google has upgraded AdWords to simplify marketing campaigns targeting multi-device users. Key features of the upgrade include mar...
San Francisco—Salesforce.com Inc. has acquired French content integration company EntropySoft. Financial terms of the deal w... Washington, D.C.—The Association of National Advertisers urged the Internet Corporation for Assigned Names and Numbers to im... Detroit—Crain Communications Inc. VP KC Crain has been named group publisher of the Automotive Group, which includes Automot...
New York—Penton Media has named Joe Territo senior VP-content and user engagement, a new position. He was most recently exec... Chicago—Industry reactions have been mixed following the U.S. Postal Service's announcement that it will eliminate most Satu... Miami Beach, Fla.—Email offers the ability to make emotional connections with recipients when the messages extend promotions...
Public procurement of energy efficient appliances is expected to save the government 250 MW of power and Rs. 170 crore in costs ev... Union Tourism Minister Shri Chiranjeevi has complimented the Government of Madhya Pradesh for becoming the first State in the coun... Panaji, Feb 6 (IANS) Over 12 percent of Goa's population will come under the Lokayukta scanner, Chief Minister ...
 Bankers suspect new malware behind global credit card fraud   Bankers say that the spurt in credit card frauds is possibly caused by...  For years, many Wall Street investors wrote off Dell Inc as a dying personal computer company that has failed to adapt to a new era of tablets a...  Amazon unveiled a virtual currency Tuesday to enhance the potential for developers to make real money in games and other "apps" tailor...
  Singer Florence Welch has launched her first ever jewellery line on her e-commerce website - Flotique. The 26-year-old's collecti...  Pinterest is trying to raise a new round of funding that would give it a valuation of $2 billion to $2.5 billion, the Wall Street Journal report...   KOLKATA | NEW DELHI: Remember Oscar, Beltek, Webel, Weston, Nelco, Salora, Bestavision or Crown? These were among the television brands that f...
 Publicis Groupe is merging two of its recently acquired digital agencies Digitas and LBi. DigitasLBi will be headed by LBi CEO Luke Taylor, who...  Computer manufacturer Dell has agreed a deal to take itself private following declining sales of personal computers. The $24.4 billion deal see...  Paris—Publicis Groupe, Paris, announced it will merge its digital agencies Digitas, based in Boston, and LBi, based in Amsterdam. The new ...
 Reston, Va.—comScore Inc., a provider of digital measurements and analytics, announced it has expanded its mobile measurement data to incl...  Hasbrouck Heights, N.J.—Direct marketing and list management company Specialists Marketing Services has merged with Spectra Data Group and...  Atlanta—Catavolt Inc., an enterprise mobility company, has selected Arketi Group, Atlanta, to provide integrated marketing communications ...
 New York—Audience buying company Xaxis, a GroupM unit that is part of the WPP network, announced the opening of a Hong Kong office. Andy ...  The number of small and medium businesses (SMBs) using social media as part of their marketing strategies is on the rise, according to research ...  PR agency Twelve Thirty Eight has launched a new online service, which cuts out buzzwords and hyperbole from press releases. The agency ha...
 Eloqua has been judged the number one marketing automation platform (MAP) provider according to research carried out by Sirius Decisio...  This was based on understanding our current customer profile and their business usage. With our new go-to-market strategy, our pricing has moved...  Outsourced Infographic Marketing is becoming one of the fastest growing areas of Social Marketing according to the Huffingto...
  Readify CEO Graeme Strange is tipping the market for Windows 8 business-to-business apps to exceed that for business to consumer apps, altho...  Parcel company DPD has launched DPD Direct, an international service for UK e-tailers. DPD Direct, a dedicated B2C home delivery service, aims ...  The Content Marketing Institute and MarketingProfs recently published research on B2B and B2C Content Marketing in our 2013 Benchmarks, Bud...
  Mobile phone apps offer enormous opportunities for small business owners to expedite business growth and profit by gaining strong loyalty from...   New machine learning and improved predictive modeling capabilities help analysts and marketers act on terabytes of data for customer...  In 2012, B2C ecommerce sales grew 21.1 percent to top USD 1 trillion for the first time, according to new global estimates by eMarketer. This ye...
WATERTOWN, N.Y. -- If you're a small business owner, you know how tough it can be to run your business, especially in tough economic times. "T...  Encouraging manufacturing in ICT sector is of strategic importance for India: MAIT  The best possible way to attract investments to India ...  Top b2b agencies grow in still-struggling economy   Kate Maddox March 12, 2012 - 6:01 am EDT Despite the still-sluggish economy, the to...
  EVENT MARKETING NEWS: TFM&A achieves record number of visitors 13 March 2012 Technology For Marketing & Advertising (TFM&A) has ...   Firms with B2B data may be affected by EU Data Protection Regulation 05 Mar 2012  Tweet  News Category: B2B Data Compani...   MOBILE MARKETING NEWS: McDonald Butler launches mobile network 5 March 2012 Technology marketing agency, McDonald Butler has recognise...
  ISIS, the mobile-payment joint venture backed by AT&T, Verizon Wireless and T-Mobile USA wants to expand its reach via makers of ... NSIC has entered into MOU with Federal Bank on 08.10.2011 for facilitating credit to MSME . The MOU has been signed by Sh. Ravindra Nath Director(Fina... In a yet another strategic move NSIC has signed MOU with Vijaya Bank on 04.10.2011 making it 15th bank enlisted under its Bank Credit Facilitation Sch...
Foundation stone of NSIC Business Park was laid by Shri Virbhadra Singh, Honourable Union Minister of MSME, Government of India at the NSIC Complex in... NSIC launched a Web Portal on July 7, 2011 for disseminating Marketing Intelligence to MSME sector in the country. Present on the ocassion were Shri U... NSIC has signed MOU with Bank of Baroda on 28.07.2011 to strengthen its endeavour for serving to the financial needs of MSME Sector.This instrumental ...
Mr. Ravindra Nath, Director (Finance) and Mr. Satvinder Singh, General Manager, NSIC invited by Directeur de I’Intendance des Armees, Etat-Major... Department of Industrial Development (DID), Ministry of Energy & Industry, Government of Qatar confirmed with acceptance to NSIC, to carry out the... Hon’ble Prime Minister of India, Dr. Manmohan Singh and the Tanzanian President, Mr. Jakaya Mrisho Kikwete witnessing the signing of an agreemen...
Hon’ble Prime Minister of India, Dr. Manmohan Singh and the Ethiopian Prime Minister, Meles Zenawi witnessing the signing of MoU signed by Dr. H... Shri Virbhadra Singh  has assumed the charge of Minister of Micro, Small & Medium Enterprises, Government of India on 20th January 2011. Dr. ... In stepping up its efforts to market the products of MSMEs, NSIC has set up a Specialized Marketing Inte...
An Agreement of mutual cooperation was signed between National Small Industries Corporation (NSIC), New Delhi and Local Enterprise Authority (LEA) of ... An agreement of mutual cooperation was signed between National Small Industries Corporation (NSIC) and the Tobago House of Assembly, Division of Finan... An Agreement of Mutual Cooperation between National Small Industries Corporation (NSIC) and Industrial & Infrastructure Development Finance Compan...
NSIC Launches an Exhibition-Cum-Marketing Development Business Park, a five storied building, having a covered area of 15,0000 Sqft (approx.) with t... An Agreement of Mutual Cooperation between National Small Industries Corporation (NSIC) and One Village One Product (OVOP), Board of Malawi was sign... NSIC paid dividend continuously for the third year to the Government Of India. Dr. H.P Kumar Chairman Cum Managing Director, NSIC, presenting dividend...
An Agreement of Mutual Cooperation between NSIC and Kenya Industrial Estates Ltd. (KIE), Kenya was signed on 12th May, 2009 at Nairobi, Kenya for the ...
 

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