Google pleads for confidentiality as CCI probe finds it 'abused dominance'

Google pleads for confidentiality as CCI probe finds it 'abused dominance'

When contacted, a Google spokesperson said, “We are currently reviewing this report from the CCI’s ongoing investigation."

Possible deflation may become a real challenge: Subramanian
Possible deflation may become a real challenge: Subramanian

CEA expresses hope that growth will be close to 8 per cent in 2015-16.

Minimum wage not in sync with turf realities
Minimum wage not in sync with turf realities

According to the formula, the per day expenditure of such workers is estimated at Rs 211 per day or Rs 6,330 per month.

Govt to auction small oil fields to private companies
Govt to auction small oil fields to private companies

While oil is priced at global benchmark currently, a complex international hub based formula determines gas price, which is roughly half of the rate at which India imports gas.

Festive boom: Auto Companies readying plans to offset sluggish rural demand

The domestic passenger vehicle industry is expected to grow in the range of 15 to 17 per cent during the festive season.

MAT call fails to cheer up Sensex

While the benchmark Sensex at Bombay Stock Exchange fell 242 points or 0.9 per cent on Wednesday to close at a new one-year low of 25,453, the broader Nifty at the National Stock Exchange fell 68 points or 0.9 per cent to close the day at 7,717.

Power transmission: A towering problem

Increasing collapse of high capacity towers, which form the backbone of the network, exposes the fragility of grid infrastructure.

Sensex tumbles 586 pts on weak GDP, China slump

The BSE 30-share was bound for the south, hitting a low of 25,579.88 before ending at 25,696.44, down 586.65 points, or 2.23 per cent.

Centre announces new measures, appeals to unions to call off strike

The 10 central trade unions together are estimated to have a membership of over 11 crore workers and have over 15,000 affiliated unions across the country.

It is the first time since the 2008 financial crisis that a mutual fund has imposed such a restriction.

The 1981-batch Gujarat cadre official was earlier holding the charge of secretary, department of financial services.

The hybrid version (available only in diesel) is priced Rs 8000-20,000 lower than the corresponding outgoing pure diesel versions. The firm said the car would offer fuel efficiency of 28.09 km/litre.

The agency said PNB’s viability rating (VR) has been downgraded to reflect the growing risk to the bank’s capital position from its mounting stock of stressed assets, which has risen at a faster rate than its capital replenishment.

Sensex in positive after govt gives relief to foreign investors on MAT issue

BSE Sensex and NSE Nifty opened 195.91 points and 70.80 points higher at 25,891.95 and 7856.65, respectively.

Weak sales, stagnant prices pose challenge for realty companies: Moody’s

Weak housing sales and stagnant prices will pose challenge to big real estate developers over the next 12 months as their cash flows and project execution capabilities get affected, ratings agency Moody's said.

Factory output growth slips; All eyes on RBI for rate cut

Manufacturing sector grew at a slower pace in August as order flow turned sluggish and forced the companies to cut prices, a business survey showed today, adding to the clamour for interest rate cut by RBI.

Economic growth slows to 7% in April-June quarter

Manufacturing grew at 7.2% in first quarter; trade, hotels & transport and communication at 12.8%.

FII monthly outflow in August highest ever at Rs 17,487 crore

In June 2013, while the FII outflows from equities remained lower than those witnessed in August, the outflow from debt market was higher at Rs 33,134 crore.

Sensex ends 109 points down at 26,283, Nifty closes below 8,000; healthcare stock gain

The Sensex and Nifty broadly remained volatile on Monday ahead of economic data due later in the day amid concerns.

RBI Guv Raghuram Rajan hints at rate cut; says inflation down quicker than expected

RBI Governor Raghuram Rajan has said inflation has come down to the comfort zone quicker...

BMS pulls out of proposed strike on September 2

The strike was originally called by 11 central trade unions including BMS.

RBI not done with rate cuts, still in accommodative mode: Raghuram Rajan

Hinting at the fourth interest rate cut this year, RBI Governor Raghuram Rajan has....

PSBs should be compensated for social security schemes: SBI chief Arundhathi Bhattacharya

SBI chairman said there is a cost involved in opening PMJDY accounts and these costs will have to get amortised over a period of time till the time these accounts turn viable.

Aviation regulator okays SpiceJet’s ‘zero baggage’ fare scheme

SpiceJet had rolled out a scheme, offering a discount of Rs 200 to passengers who books a flight with only one handbag and no check-in baggage.

Dangerous to undercut interest rates: HDFC Chairman Deepak Parekh

“If you want to take market share and undercut interest rate, it’s so sensitive that it can clean up the market," said Parekh.

Brookfield buys Gammon’s infra projects worth Rs 6,750 crore

Canadian firm acquires 6 road, 3 power projects.

Trade unions divided on September 2 strike; Majority says yes, BMS differs

“Trade unions will go ahead with September 2 strike,” said INTUC president G Sanjeeva Reddy after a three-hour long meeting of union leaders.

Plan to cover 35% of urban India; will benefit 13 cr people

Centre to immediately release Rs 2 crore to each of the cities to prepare their urbanisation plans.

Govt plans subsidy on select routes to boost tier II traffic

The government is planning to provide a flat subsidy per seat for a specified number of seats on a select routes. The incentivised route would be put up for competitive bidding.

Raghuram Rajan says not in favour of depreciating rupee: Report

Reserve Bank of India Governor Raghuram Rajan said he was not in favour of depreciating the Indian rupee and joining a global wave of monetary measures that have weakened currencies, according to a newspaper interview on Wednesday.

New loans for NPA accounts: Rajan proposes, SBI disposes

RBI Governor said NPAs are largely an accounting issue. “But beyond the accounting issue, there is a real issue that for a project under distress, how will you make sure that it’s put back on track.

Small finance bank licences next month: Raghuram Rajan

After granting approval to 11 entities for payments banks, RBI today said it will announce small finance bank licences next month and allayed concerns that these new entities can pose any threat to existing banks.

Minimum wage not in sync with turf realities

According to the formula, the per day expenditure of such workers is estimated at Rs 211 per day or Rs 6,330 per month.

Financial Express

The double-digit stock market gains of Indian pharma giants including Dr. Reddy's Laboratories stand out in stark relief.

Growth prospects remain favourable in India but some macroeconomic imbalances still exist, IMF said.

Google Inc allegedly “abused its dominance” in the Indian market by incorporating clauses in its agreements.

The 30-share Sensex opened 161.13 points higher at 25,614.69. Nifty opened 57.45 points higher at 7,774.45.

Swedish telecom equipment vendor Ericsson is working on improving its position in India by strengthening its leadership in the next generation technologies.

Though the lower-than-expected monsoons remain a concern, the country’s leading automobile manufacturers expect...

It's not just the Land Acquisition Bill, the NDA government has also put on hold proposed amendments to the Seeds Bill, mainly due to a clause on the use of genetically modified (GM) seeds that it fears would portray it as being anti-farmer.