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  • Mistry makes final appeal to TCS shareholders ahead of key vote

    Mistry makes final appeal to TCS shareholders ahead of key vote  

    In a bitter boardroom coup in October, Mistry was ousted as the chairman of Tata Sons, the holding firm for the USD100 billion steel-to-software conglomerate, and group patriarch Ratan Tata returned to the helm temporarily. A publ...

    13 Dec 2016, 4.21 pm  |  Source: Reuters

  • Uflex Engineers Multi Lane Automatic Linear Pick - Fill & Seal Machine  

    Packers for years have been grappling with the problem of narrow mouth opening of preformed Flat Bottom pouches or 3 Dimensional (3D) pouches on the ...

    13 Dec 2016, 3.19 pm  |  Source: Business Wire India

  • Mistry seeks Indian Hotels shareholders support

    Mistry seeks Indian Hotels shareholders support  

    Seeking support of shareholders of Indian Hotels Co Ltd (IHCL), ousted Tata Group Chairman Cyrus Mistry has said several steps taken to turnaround the hospitality chain will bear fruit only in future.

    12 Dec 2016, 8.18 pm  |  Source: PTI

  • Not taken any step to cancel Axis Bank licence: RBI

    Not taken any step to cancel Axis Bank licence: RBI  

    The Reserve Bank today said it has "not initiated any action" to cancel Axis Bank's licence following allegations of irregularities at some of its branches after the demonetisation of high value notes last month.

    12 Dec 2016, 7.38 pm  |  Source: PTI

  • LIC MF Standard Chartered team up for UPI

    LIC MF Standard Chartered team up for UPI  

    LIC Mutual Fund Asset Management Company today announced its readiness on Unified Payment Interface (UPI) in partnership with Standard Chartered Bank as mode of payment for its investors to invest in its schemes.

    12 Dec 2016, 7.38 pm  |  Source: PTI

  • IMF boss Lagarde in court for start of French trial

    IMF boss Lagarde in court for start of French trial  

    Paris, Dec 12 (AFP) IMF boss Christine Lagarde was in a Paris court today for the start of her trial for negligence over a state payout to a tycoon made while she was French finance minister.

    12 Dec 2016, 7.38 pm  |  Source: PTI

  • SISL Infotech bets big on SMB-push for GST coverage

    SISL Infotech bets big on SMB-push for GST coverage  

    Having secured a place among the short-listed service providers for GST, fast-growing startup SISL Infotech is looking to provide significant coverage under the new taxation regime with its online reach to more than 20,000 small a...

    12 Dec 2016, 5.46 pm  |  Source: PTI

  • Sun Pharma, Moebius Medical ink pact to develop pain product

    Sun Pharma, Moebius Medical ink pact to develop pain product  

    Sun Pharmaceutical Industries and Israel-based Moebius Medical have signed a global licensing pact to develop further an injection for treating osteoarthritis pain.

    12 Dec 2016, 5.46 pm  |  Source: PTI

  • Goldman says non-OPEC output cut deal aimed at inventory glut

    Goldman says non-OPEC output cut deal aimed at inventory glut  

    The Organization of the Petroleum Exporting Countries (OPEC) had previously agreed to cut output by 1.2 million barrels per day (bpd), and on Saturday, 11 non-OPEC producers agreed to join the effort and reduce output by 558,000 b...

    12 Dec 2016, 12.38 pm  |  Source: Reuters

  • AgustaWestland case: CBI arrests former IAF Chief SP Tyagi

    AgustaWestland case: CBI arrests former IAF Chief SP Tyagi  

    In a sudden and first of its kind action, CBI today arrested former Air Force Chief S P Tyagi, his cousin Sanjeev, and a lawyer in the sensational Rs 450 crore bribery case in the procurement of 12 VVIP helicopters from UK-based A...

    09 Dec 2016, 9.34 pm  |  Source: PTI

  • Forex reserves decline $1.43 billion to $363.87 billion

    Forex reserves decline $1.43 billion to $363.87 billion  

    India's foreign exchange reserves declined by USD 1.431 billion to USD 363.874 billion in the week to December 2, due to fall in foreign currency assets, the Reserve Bank said today.

    09 Dec 2016, 7.34 pm  |  Source: PTI

  • IIP data today, CPI on Monday

    IIP data today, CPI on Monday  

    The Statistics Ministry has advanced the release of Consumer Price Index (CPI) or retail inflation data by a day to Monday as Eid falls on Tuesday, while the Index of Industrial Production data will be released today.

    09 Dec 2016, 5.34 pm  |  Source: PTI

  • GoDaddy Launches WordPress Powered Websites to Help Small

    GoDaddy Launches WordPress Powered Websites to Help Small  

    Businesses Build Professional Websites with Ease (Attn.editors: The following press release comes to you under an arrangement with Businesswire. PTI takes no editorial responsibility for the same).

    09 Dec 2016, 10.48 am  |  Source: PTI

  • SC sets aside order allowing Sasan UMPP to recover Rs 1,050 cr

    SC sets aside order allowing Sasan UMPP to recover Rs 1,050 cr  

    The Supreme Court today set aside an order of the Appellate Tribunal for Electricity which had allowed Reliance Power-promoted Sasan Ultra Mega Power Project (UMPP) to recover Rs 1,050 crore alleged dues from procurer electricity ...

    08 Dec 2016, 9.52 pm  |  Source: PTI

  • India`s 87% solar cell imports from China in Apr-Sept: Goyal

    India's 87% solar cell imports from China in Apr-Sept: Goyal  

    India imported solar and photovoltaic cells worth about USD 826 million from China in the first six months of the current fiscal, which is over 87 per cent of the country's total such imports.

    08 Dec 2016, 5.34 pm  |  Source: PTI

  • Verifying genuineness of farm income over Rs 1 crore: Govt

    Verifying genuineness of farm income over Rs 1 crore: Govt  

    Stating that government has no plans to bring farm income under the tax ambit, Income Tax department is being tasked with verifying the genuineness of income over Rs 1 crore for assessment years from 2007-08 to 2005-16.

    07 Dec 2016, 8.54 pm  |  Source: PTI

  • Demonetisation, Jio rivalry to hit telcos revenue by 5-7%: ICRA

    Demonetisation, Jio rivalry to hit telcos revenue by 5-7%: ICRA  

    Revenue loss on account of demonetisation and competitive pressures, intensified by extension of free services by newcomer Reliance Jio, may lead to the telecom industry taking a hit of 5-7 percent on revenue during the next two q...

    07 Dec 2016, 8.54 pm  |  Source: PTI

  • Oppn uproar on demonetisation rocks RS, proceedings disrupted

    Oppn uproar on demonetisation rocks RS, proceedings disrupted  

    Both the Zero Hour and the Question Hour were disrupted as members of the Treasury and Opposition benches resorted to sloganeering over the issue leading Deputy Chairman P J Kurien to adjourn the proceedings till noon. Similar sce...

    07 Dec 2016, 12.38 pm  |  Source: PTI

  • India lacks infrastructure for gas-based economy: RasGas

    India lacks infrastructure for gas-based economy: RasGas  

    Speaking at the Petrotech conference here, RasGas CEO Hamad Mubarak Al Muhannadi said India lacks infrastructure to support a gas-based economy and needs more LNG import terminal to unlock demand.

    07 Dec 2016, 8.24 am  |  Source: PTI

  • Follow due diligence for activating dormant A/Cs: RBI to banks

    Follow due diligence for activating dormant A/Cs: RBI to banks  

    With people thronging banks for depositing old notes in dormant accounts, the Reserve Bank today asked banks to strictly follow customer due diligence guidelines while allowing operations in such accounts.

    06 Dec 2016, 8.42 pm  |  Source: PTI

  • Govt asks banks to install additional 10 lakh PoS terminals

    Govt asks banks to install additional 10 lakh PoS terminals  

    In order to promote digital transactions across the country, government has asked banks to install 10 lakh additional point of sale (PoS) terminals within four months.

    06 Dec 2016, 8.42 pm  |  Source: PTI

  • Maha assures action in hefty power bill claim by Asha Bhosale

    Maha assures action in hefty power bill claim by Asha Bhosale  

    Maharashtra government has directed authorities concerned to look into noted singer Asha Bhosale's claim that she received "exorbitant" electricity bill for her bungalow in hill station Lonavala, which has "not been in much use".

    06 Dec 2016, 6.08 pm  |  Source: PTI

  • Uflex Launches Direct UV Offset Printable Polyester Film  

    UV offset printing on non-absorptive surfaces is getting popular by the days. It gives an ultimate packaging solution for Board Lamination and ...

    05 Dec 2016, 3.02 pm  |  Source: Business Wire India

  • Commercial taxmen educate biz firms on GST migration

    Commercial taxmen educate biz firms on GST migration  

    The Directorate of Commercial Taxes has launched a special drive to educate business firms on ways to migrate to new Goods and Services taxes (GST) from value added tax.

    03 Dec 2016, 7.06 pm  |  Source: PTI

  • Passengers `hijack` overbooked Jet flight to Bhopal

    Passengers 'hijack' overbooked Jet flight to Bhopal  

    A Jet Airways flight from the city to Bhopal had a "near-hijack type" situation after a technical glitch resulted in the airline's ticketing system allowing booking beyond the capacity, with a family booking 80 tickets in bulk.

    03 Dec 2016, 6.10 pm  |  Source: PTI

  • Ericsson keen to mentor start-ups in India

    Ericsson keen to mentor start-ups in India  

    Global ICT firm Ericsson today said it is willing to extend helping hand to mentor start-ups in India.

    01 Dec 2016, 4.38 pm  |  Source: PTI

  • Would consider paying into EU for market access: UK Brexit min

    Would consider paying into EU for market access: UK Brexit min  

    Asked by a lawmaker if the government would consider making a contribution in any shape or form for access to the EU's single market, Davis said: "The major criterion here is that we get the best possible access for goods and serv...

    01 Dec 2016, 4.01 pm  |  Source: Reuters

  • Textile machinery industry to touch Rs 35,000cr in 5 years

    Textile machinery industry to touch Rs 35,000cr in 5 years  

    The size of domestic textile machinery industry is poised to hit Rs 32,000-35,000 crore in the next five years from the present Rs 22,000 crore on the back of government initiatives like 'Make in India', an industry member said to...

    29 Nov 2016, 8.16 pm  |  Source: PTI

  • CRR hike: Crisil says forget rate cuts by banks for now

    CRR hike: Crisil says forget rate cuts by banks for now  

    Reserve Bank's latest move to soak up the entire surplus liquidity between September 16 and November 11 through incremental cash reserve ratio (CRR) will lead to over Rs 3 trillion outflow from banks and is likely to impact intere...

    28 Nov 2016, 4.22 pm  |  Source: PTI

  • Abbott India Q2 net profit up 23% at Rs 75 cr

    Abbott India Q2 net profit up 23% at Rs 75 cr  

    Pharma firm Abbott India today reported a 22.66 per cent rise in standalone net profit at Rs 75.02 crore for the quarter ended September 30, mainly on account of robust sales.

    28 Nov 2016, 4.22 pm  |  Source: PTI

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