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India plans mining licence to attract foreign investors

29th June, 2011 22:39

India's draft mining bill will offer a prospecting licence guaranteeing the holder the right to produce 100% of any find, as the country seeks to attract foreign m
PM to ask FM to take expeditious decisions for AI revamp

29th June, 2011 22:27

Air India may expect additional equity infusion of Rs 1,200 crore soon with Prime Minister Manmohan Singh today saying he would ask Finance Minister Pranab Mukherj
RIM services: India for 'govt to govt' deal with Canada

29th June, 2011 22:19

India is looking for a special "government to government" agreement with Canada to get access to all services of BlackBerry, including its enterprise mail, followi
Nokia to phase out Symbian platform by 2016

29th June, 2011 22:13

Leading cellphone maker Nokia today said it will stop using its mobile operating system Symbian by 2016 and recently showcased Nokia N9 will be the first and last
PM in favour of 49% FDI in insurance, MPs oppose

29th June, 2011 22:07

The parliament's standing committee on finance (SCF) today deferred adopting a crucial report on amending the country's insurance laws to allow 49% foreign direct
Sania-Elena reach semifinals of Wimbledon women's doubles

29th June, 2011 22:00

Sania Mirza reached the Wimbledon doubles semifinal for the first time in her career after she and Elena Vesnina came from behind to beat Nuria Llagostera Vives an
Rating agencies okay with Greek plan: Sources

29th June, 2011 22:00

Politicians and bankers are confident a French proposal for a Greek bailout can be adopted without triggering a default or a payout in credit insurance, lifting a
India, US to jointly deal with inflation, capital flows

29th June, 2011 21:58

India and the US today agreed to enhance cooperation to deal with global challenges like high commodity prices and volatility in capital flows, besides strengtheni
Liz Taylor's jewels, fashion set for December auctions

29th June, 2011 21:54

Actress Elizabeth Taylor's renowned collection of jewelry, works of art, fashion and memorabilia will be sold in a series of auctions starting in December, Christi
OSPCB asks NTPC to shut down four power generation units

29th June, 2011 21:43

Accusing it of failing to properly implement fly ash management measures, Orissa State Pollution Control Board (OSPCB) has asked the National Thermal Power Corpora
Vodafone CFO says $2.6bn tax on deal with Hutchison unfair

29th June, 2011 21:39

Terming the USD 2.6 billion tax liability on the company as "inequitable", UK-based Vodafone today questioned the Indian authorities for not raising the tax claim
Joining the bandwagon, more states cut VAT on oil products

29th June, 2011 21:35

More and more states seem to be responding to the Finance Minister's appeal to reduce duty on oil products. Latest to join the list are Maharashtra and Rajasthan.
FB to launch Facebook Credits for Indian users from July 1

29th June, 2011 21:34

Social networking site Facebook will next month introduce a payment system 'Facebook Credits' for Indian users who could spend the virtual currency across various
Tatas keen on acquiring young blood: Satish Pradhan

29th June, 2011 21:27

The Tata Group is not only undergoing transition at the top, it is also focusing on building a pool of younger leadership to keep up with changing times and trends
Lagarde wins IMF race; Francois Baroin is new French FM

29th June, 2011 21:20

French Finance Minister Christine Lagarde has been elected to head the International Monetary Fund (IMF). Lagarde will succeed another frenchman, Dominique Strauss

Indian industry welcomes SMX pepper futures trade move

29th June, 2011 22:35

The Singapore Mercantile Exchange's (SMX) plan to launch the world's first international futures contract in black pepper, if sufficiently liquid, can become the b
Rs 1 lakh cr investment subsidies for electronics

29th June, 2011 22:20

The Central government proposed to give investment subsidies to the tune of Rs one lakh crore to give a big boost to the country's electronics industry in the next
Locked sectors now open to FDI through indirect route: PwC

29th June, 2011 22:15

Aakash Gupt, Executive director of PwC tells CNBC-TV18 that this is the first time that the government has directed on applying the FDI principle for investment in
Govt to consider freeing DAP prices tomorrow

29th June, 2011 22:08

The government may consider giving fertiliser firms freedom to fix maximum retail price of di-ammonium phosphate (DAP) tomorrow. This move would help augment domes
IMF says hike US debt limit to avert global shock

29th June, 2011 22:04

Failure by US lawmakers to agree soon on a deal to raise the government's borrowing limit could deliver a "severe shock" to a still fragile recovery and global mar
Federer stunned by inspired Tsonga

29th June, 2011 22:00

Roger Federer suffered his second straight Wimbledon quarter-final exit when an extraordinary comeback by Frenchman Jo-Wilfried Tsonga condemned the Swiss to a sho
Lanzatech, IOC, Jindal Steel in fuel ethanol making talks

29th June, 2011 21:59

Lanzatech New Zealand Ltd, Indian Oil Corporation (IOC) and Jindal Steel & Power Ltd (JSPL) are in talks to collaborate in accelerating the deployment of the forei
Lagarde suited to head IMF; India voted for her: Pranab

29th June, 2011 21:58

French Finance Minister Christine Lagarde is "eminently suited" to head the International Monetary Fund (IMF) and India voted for her, Union Finance Minister Prana
10 JW Marriott hotels to come up in India by 2015

29th June, 2011 21:49

Hotel chain Marriott today said 10 hotels under luxury JW Marriott brand would come up at various locations across the country by 2015.
New India Assurance tops auto insurance survey

29th June, 2011 21:41

Public sector insurer New India Assurance has been ranked top, while Anil Ambani group's Reliance General is at 10th in a customer satisfaction survey of auto insu
ITC, Ramky group may set up paperboard plant

29th June, 2011 21:38

Conglomerate ITC and waste management entity Ramky Group may jointly set up a paperboard manufacturing plant using waste paper as raw material.
RBNL to invest around Rs 200cr in FM radio segment

29th June, 2011 21:35

Reliance Broadcast Network (RBNL), a Anil Dhirubhai Ambani Group company, plans to invest around Rs 100-200 crore to tap the private FM radio segment, which is exp
Committed to 9-10% economic growth, says PM

29th June, 2011 21:34

Amid fears of slowdown, Prime Minister Manmohan Singh today said it was possible to raise economic growth rate to 9-10% annually on the back of improved physical a
Apparel exports up by 49% to Rs 5,714 cr in May

29th June, 2011 21:20

Apparel exports grew by 49% in May to Rs 5,714 crore compared to the corresponding month last fiscal mainly due to increase in demand in countries like the US, Eur
Bad old habits plague economic forecasting

29th June, 2011 21:14

Three years after the Great Recession ought to have challenged even the most basic assumptions made by economists, they have instead settled back into the costly h

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