Business News

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Google’s Pichai to oversee major products, services

The India-born executive will have oversight over products such as search, maps, Google+, commerce etc.

Govt forms think tank to draft policy on intellectual property

The move comes as the US Trade Representative has begun a review of India’s IP regime.

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In Dantewada, Centre opens up another hill for iron ore mining

The mining will be undertaken by a joint venture company between NMDC and Chhattisgarh Mining Development Corporation.

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Substitute non-essential imports, make in India: PM

Instructs ministries to monitor imports and give quarterly reports.

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Explained: In coal light

The ordinance to facilitate e-auction of coal blocks to private firms for captive use is intended to clean up the mess that has crippled the sector and contributed to the UPA’s defeat in the summer elections.

China posts slowest growth since global crisis, more stimulus likely

On a quarter-on-quarter basis, growth eased to 1.9 per cent versus expectations of 1.8 per cent and down from 2 per cent in the second quarter.

Total CEO de Margerie killed in Moscow as jet hits snow plough

The crash occurred around midnight Moscow time as his Dassault Falcon was taking off for Paris in poor visibility.

Hero MotoCorp to invest R5K cr in units, R&D centre

Construction at Hero’s fifth plant at Halol, Gujarat, will also start next month while a sixth domestic plant in Andhra Pradesh will be built starting next year.

Festive cheer: Govt set to make more employees eligible for annual bonuses

Payments of Bonus Act to be amended; eligibility ceiling to be raised to Rs18,000.

Bombay HC issues notice to RBI on ballooning NPAs

Nationalised banks have not complied with the Banking Regulation Act, 1969.

RBI issues caution on fake bills post FinMin alarm

More than Rs1,000 crore was sent abroad via fake Bills of Entry in recent months.

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Day after SEBI ban, DLF stocks plunge by 28 per cent

At the NSE, the stock plunged 27.98 per cent to settle at Rs 105.80.

NPCIL faces sourcing crunch as vendors drag feet

The liability issue was flagged as a concern by a representative of even the state-owned equipment firm Bharat Heavy Electricals Ltd.

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US launches review of India’s IP regime

In case of any grievance, the US should approach the WTO, a commerce ministry official said.

IMF says global economy at risk, calls for bold action

The Fund this week cut its 2014 global growth forecast to 3.3 per cent from 3.4 per cent.