Business News
Mar 18, 2014
Toyota workers seek Karnataka govt intervention on wage issue Subscriber Only
Toyota Kirloskar Motor, subsidiary of Toyota Motor Corp, had on Sunday declared a lockout at its two manufacturing plants at Bidadi.
Mar 18, 2014
Loan recast proposals inch to Rs 4lakh cr mark Subscriber Only
The RBI has also made it clear that the existing “regulatory forbearance” would no longer be available from April 1, 2015.
Mar 18, 2014
Top 24 defaulters owe bank R2,088 crore Subscriber Only
Beleagured United Bank of India has among its big defaulters names such as Lanco Infratech, Bharati Shipyard, Varun Industries and Electrosteel Integrated.
Mar 18, 2014
None of FinMin nominees have any banking sector experience
SurabhiMar 17, 2014
Education loan gets a big boost Subscriber Only
Nearly nine lakh borrowers stand to benefit from the Interim Budget 2014-15.
Mar 17, 2014
Exchange pre-2005 notes at any bank Subscriber Only
Reserve Bank of India says pre-2005 currency notes has to be exchanged by January 1, 2015
Mar 17, 2014
China doubles yuan trading band, seen as sign of confidence Subscriber Only
The change is effective from Monday.
Mar 17, 2014
‘CERC tariff order unlikely to burden discoms, public’ Subscriber Only
Gujarat draws 1,805 MW from Tata Power and 1,000 MW from Adani Power, while Haryana gets 380 MW and 1,424 MW, respectively, from both power producers.
Mar 17, 2014
IOC plans R7,650 cr facility at Paradip Subscriber Only
State-owned Indian Oil Corporation (IOC) plans to invest Rs 7,650 crore in setting up a petrochemical complex in Odisha in next 3-4 years.
Mar 17, 2014
Talks fail, Toyota declares lockout at two units in Karnataka Subscriber Only
The production at the two plants having an installed capacity of 3,10,000 units, has been disrupted since the past 25 days.
Mar 17, 2014
Govt hikes import tariff value for gold Subscriber Only
The government has hiked the import tariff value on gold to $445 per 10 grams from at $433 per 10 gram earlier.
Mar 17, 2014
The biggest weakness from the point of view of FATF about Pakistan is its commitment to renew its Anti-Terrorism Amendment Ordinance.
Mar 17, 2014
Election spending to push up GDP numbers by 0.3% Subscriber Only
Candidates are expected to spend up to R11,000 crore collectively
Mar 17, 2014
January saw 264 firms being set up every day Subscriber Only
Maximum registration was in Maharashtra (1,563) followed by Delhi (1,356) and UP (741)
Mar 17, 2014
Honda recalls nearly 9 lakh Odyssey vans in US Subscriber Only
Honda said 2005-2010 Odysseys built in Alabama have a fuel-pump part that could crack and cause a fuel leak.
Mar 17, 2014
Haiti manufactures its own Android tablet Subscriber Only
Political turmoil, and a US economic embargo in the 1990s following a military coup, put them out of business.
Mar 17, 2014
Greaves Cotton in effort to curb fake auto parts Subscriber Only
The products seized from just three hubs in north India stood at Rs 2 crore.
Mar 17, 2014
Reforms in coal sector remain a grey area for the government Subscriber Only
From coal block allocation to falling production the sector is mired in controversy
Mar 17, 2014
Japan’s Mizuho in US, Canada suits over Mt. Gox bitcoin losses Subscriber Only
Mt. Gox blames systematic attacks on what it acknowledges was lax computer security. Customers suspect a massive fraud.
Launchpad: Hybrid storage Subscriber Only
The notebook is powered by fourth generation Intel Core i5 or i7 processors.
Mar 16, 2014
US government to cede control of key Internet body Subscriber Only
Proposals for a new ICANN stewardship will be accepted beginning next week at a conference in Singapore.
Mar 16, 2014
Fed nominee Fischer: Policy decisions best made early Subscriber Only
At 70, Fischer is anything but an impetuous decision-maker.
Mar 16, 2014
Chinese microblogger Sina Weibo files for $500 mn US IPO Subscriber Only
Alibaba, which owns a stake in Weibo, is expected to raise about $15 billion in New York this year, in the highest-profile Internet IPO since Facebook’s in 2012.
Mar 16, 2014
Black money in polls: I-T department starts helpline for Delhi Subscriber Only
The toll-free number —1800110132 — will be monitored round-the-clock and will be supervised by a senior officer in the rank of joint director, a senior official said.
Mar 16, 2014
AAI staff warn of stir against privatisation Subscriber Only
The airports which are being given to private parties on 30-year lease are Kolkata, Chennai, Ahmedabad, Guwahati, Lucknow and Jaipur.
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