Business

ANALYSIS: 2 yrs on, Jyothy struggles to digest Henkel buy  

20 Jun 2013, 9.01 am  |  Source: Moneycontrol.com

Henkel's key brands--Henko detergent and Pril dishwash liquid--have strong brand recall in South India, and even two years after acquiring the company...

EU-US FTA will promote growth around world: Joao Cravinho   

19 Jun 2013, 10.10 pm  |  Source: CNBC-TV18

The two biggest players in the global economy, that is the European Union (EU) and the United States (US) are about to launch negotiations on a free t...

Tourism Fin Corp to seek licence from RBI to set up bank  

19 Jun 2013, 9.29 pm  |  Source: PTI

The Tourism Finance Corporation of India Ltd (TFCI) on Wednesday said the board has approved a proposal to seek licence from RBI for setting up a bank...

Airtel slashes data usage rates by 90% in Punjab, Haryana  

19 Jun 2013, 9.25 pm  |  Source: PTI

Triggering competition, Bharti Airtel on Wednesday slashed data usage charges by 90 percent for pre-paid subscribers in Punjab and Haryana, a day afte...

US FDA warns RPG Life Sciences for violation of mfg norms  

19 Jun 2013, 9.15 pm  |  Source: PTI

The US Food and Drug Administration (USFDA) has issued a warning letter to RPG Life Sciences for violation of current good manufacturing practices (CG...

Cabinet to decide on Neyveli Lignite stake sale tomorrow   

19 Jun 2013, 9.13 pm  |  Source: PTI

The Cabinet will take up tomorrow the proposal to sell government’s 5 per cent stake in Neyveli Lignite, which is likely to help raise over Rs 460 c...

SAT to hear Osian's appeal against Sebi order tomorrow  

19 Jun 2013, 8.46 pm  |  Source: PTI

The Securities Appellate Tribunal will hear Osian Art Fund's appeal against Securities and Exchange Board of India's (SEBI) order wherein they have be...

RBI to auction Rs 1,000cr inflation bonds on June 25  

19 Jun 2013, 8.36 pm  |  Source: Moneycontrol.com

The Reserve Bank of India (RBI) will conduct the second tranche of inflation indexed bonds (IIBs) auction for Rs 1,000 crore on June 25, 2013. These b...

Apollo Gleneagles joins PSU's PPN measure after 17 months  

19 Jun 2013, 8.27 pm  |  Source: PTI

Apollo Gleneagles has finally joined the Preferred Provider Network (PPN) initiative of the PSU general insurance companies after almost 17 months of ...

Chidambaram to inaugurate CISF centre in Sivaganga  

19 Jun 2013, 8.23 pm  |  Source: PTI

A new battalion centre of the CISF will be inaugurated in Tamil Nadu’s Sivaganga by Union Finance Minister P Chidambaram on June 23....

Big mistake if foreign investors ignore India: Montek    

19 Jun 2013, 8.07 pm  |  Source: CNBC-TV18

Deputy chairman of the Planning Comisssion Montek Singh Ahluwalia feels that the government should move expeditiously to bring about the relaxations m...

Indian Hotels' offer to buy Orient Express may lapse: Srcs  

19 Jun 2013, 7.00 pm  |  Source: CNBC-TV18

Indian Hotels offer for acquiring US-based Orient Express may lapse as the Indian company did not modify offer price within stipulated time, sources s...

Expect boost in mkt position post upgrades: Tata Motors   

19 Jun 2013, 6.59 pm  |  Source: CNBC-TV18

Tata motors today launched upgraded versions of its Indigo ECS, Sumo Gold, Nano, Indica and also a new CNG range across its Indica, Indigo and Nano ra...

'Adulteration' defined differently in US and India: Ranbaxy   

19 Jun 2013, 5.58 pm  |  Source: CNBC-TV18

Arun Sawhney, managing director and chief executive officer, Ranbaxy continues to deny any wrong doing. He says the USFDA's ban on its products is due...

Around Rs 40,000 cr stuck due to delay in allocation of gas  

19 Jun 2013, 5.50 pm  |  Source: PTI

There are about 8,000 MW gas-based power plants underconstruction and the gas linkage to such projects have not been granted due to shortage of gas. ...

Self-drive your way to glory with ZoomCar    

19 Jun 2013, 5.43 pm  |  Source: CNBC-TV18

Self-drive was the fastest growing segment which prompted the duo of Greg Moran and David Back, graduates from the University of Pennsylvania to start...

Current order book at Rs 6000cr: Pratibha Industries   

19 Jun 2013, 5.21 pm  |  Source: CNBC-TV18

Pratibha Industries' current order book is sufficient to sustain at least 15 percent growth going ahead, says CEO Yogen Lal....

Tata Motors upgrades cars as rivals launch new ones  

19 Jun 2013, 5.21 pm  |  Source: Reuters

Tata Motors on Wednesday launched eight upgrades of existing models, including a CNG-fuelled version of its low-cost Nano, but said little about plans...

Thuraya strengthens its partnership with Astrium Services  

19 Jun 2013, 5.15 pm  |  Source: Business Wire India

Thuraya Telecommunications Company, a leading Mobile Satellite Services operator today announced a strengthened alliance with its global service partn...

EduKart launches international programmes with LSBF  

19 Jun 2013, 5.08 pm  |  Source: Business Wire India

India’s leading online education company and the London School of Business & Finance (LSBF) have formed a partnership, helping even more ambitious I...

L&T eyes defence orderbook of Rs 2000cr in 2 yrs; hails FDI   

19 Jun 2013, 5.00 pm  |  Source: CNBC-TV18

Larsen and Toubro is aiming to build an order book Rs 2000 crore over next two years, welcomes talks of hiking FDI limit in defense to 49 percent....

Tata commissions premium coffee extraction plant in TN  

19 Jun 2013, 4.58 pm  |  Source: PTI

Coffee plantation major Tata Coffee commissioned its coffee extraction plant at Theni. The plant at Theni near Tuticorin has an installed capacity of ...

Panasonic & UNESCO renew strategic partnership agreement  

19 Jun 2013, 4.56 pm  |  Source: Business Wire India

Panasonic Corporation and UNESCO announced the renewal of their strategic partnership agreement today. The new agreement will run for two years from J...

Webnext Technologies launched IMP-Reminders.com  

19 Jun 2013, 4.53 pm  |  Source: Business Wire India

Webnext Technologies Launched India's Ist Cloud based reminder service called IMP-Reminders.com, a portal which will establish a landmark –a milesto...

Maestro Wireless Solutions, KORE Wireless enter partnership  

19 Jun 2013, 4.44 pm  |  Source: Business Wire India

Maestro Wireless Solutions, the Hong Kong based machine-to-machine wireless solutions and design service provider has recently signed a partnership ag...

India recorded 2nd highest growth in HNI population last yr  

19 Jun 2013, 4.37 pm  |  Source: PTI

India registered a whopping growth of 22.2 percent in its High Networth Individuals (HNIs) according to a World Wealth Report 2013 released by Capgemi...

Toshiba introduces 30V voltage power MOSFETs  

19 Jun 2013, 4.36 pm  |  Source: Business Wire India

Toshiba Corporation (TOKYO:6502) today announced the introduction of a 30V voltage power MOSFET line-up for general-purpose DC-DC converters used in b...

Advance India Builders & Promoters launch commercial tower  

19 Jun 2013, 4.29 pm  |  Source: Business Wire India

One of the emerging real estate companies of India, Advance India Builders & Promoters Pvt. Ltd has launched their ambitious project "Advance Saaga Ca...

India to consider allowing extra wheat exports on Friday  

19 Jun 2013, 4.20 pm  |  Source: Reuters

India will consider allowing another 2 million tonnes of wheat exports at a cabinet meeting on Friday, Food Minister K.V. Thomas told Reuters on Wedne...

Default rate improves to 1% for MFI loans: Equifax  

19 Jun 2013, 4.08 pm  |  Source: Moneycontrol.com

The delinquency rate or delay in loan repayments by MFIs has improved in the past six months. The number of loan accounts that are more than 30 days o...