Business News
ENS Economic BureauMay 26, 2014
Ahluwalia said he believes that the Prevention of Corruption Act has provisions which could easily make officials acting in good faith vulnerable to charges of corruption.
Press Trust of IndiaMay 26, 2014
Cairn, sources said, had originally sought extension of the contract till 2040.
Press Trust of IndiaMay 25, 2014
OVL inks deal with Russia’s Rosneft to explore hydrocarbons Subscriber Only
The parties will jointly consider forming a consortium led by Rosneft and involving other partners.
Press Trust of IndiaMay 25, 2014
Cairn’s Raj oil fields may return to ONGC if term not extended Subscriber Only
The Rajasthan PSC provides for a 5-year extension beyond 2020.
Press Trust of IndiaMay 25, 2014
Lanco Infratech Q4 loss widens to Rs 584 cr income down 23% Subscriber Only
The power company had reported a net loss of Rs 31.59 crore in the same period of previous year.
Press Trust of IndiaMay 25, 2014
Traders body CAIT against FDI in e-commerce retail Subscriber Only
CAIT today said that permitting FDI in e-commerce retailing would be detrimental to the interests of more than six crore small shop-owners across the country.
Press Trust of IndiaMay 25, 2014
Airport security check time to be halved for fliers: CISF Subscriber Only
In order to enhance passenger comfort, the Central Industrial Security Force (CISF) has decided to cut security checks and frisking time at the airports to almost half of the present time taken.
Press Trust of IndiaMay 25, 2014
After staging impressive rallies in the run-up to elections, Indian stocks and the rupee have scope for further upside, said a report by Goldman Sachs.
May 25, 2014
Udaipur has the best hotels in India: Survey Subscriber Only
'Historic Mewar capital of Udaipur leads the list of top destinations in India'
Press Trust of IndiaMay 25, 2014
'Indian rupee's surge to 11-month high levels has made it the best so far..'
Press Trust of IndiaMay 25, 2014
Out of Samsung, Vineet Taneja joins Micromax as CEO Subscriber Only
'We are witnessing an inflection point in the smart devices globally.'
Press Trust of IndiaMay 25, 2014
Luxury Hotels Group to have 40 member hotels in India by FY’15 Subscriber Only
Luxury Hotels Group, as per strategy, is targeting independent hotels and small hospitality chains.
Express News ServiceMay 25, 2014
Launchpad: Plantronics Voyager Subscriber Only
Product: Plantronics Voyager Rs: 7,490 Clear hearing Plantronics a pioneer in wearable technology, launched the Voyager Edge, a compact high-performance Bluetooth earpiece. Featuring a slim design, Voyager Edge comes with proprietary noise- and wind-cancellation for
May 25, 2014
Debt-ridden Nafed plans to mortgage Delhi properties Subscriber Only
By: Sandip Das Saddled with accumulated losses of about Rs 600 crore and having piled up a debt of Rs 1,800 crore to a consortium of banks, National Agricultural Cooperative Marketing Fedration of India (Nafed)
Express News ServiceMay 25, 2014
Lanco Infra Q4 net loss widens Subscriber Only
The company attributed the loss due to delays in execution of contracts and cost associated with price escalation among others.
Press Trust of IndiaMay 25, 2014
India-born B R Shetty buys Travelex for £1 bn Subscriber Only
Shetty is the founder of UAE Exchange, a money transfer service, present in 30 countries.
Press Trust of IndiaMay 25, 2014
US: Examining anti-dumping duty decision on solar panels Subscriber Only
The Indian Commerce Ministry has recommended levying anti-dumping duty on solar cells imported from the US, Malaysia, China and Chinese Taipei.
Express News ServiceMay 25, 2014
HM suspends production at Uttarpara unit Subscriber Only
The automaker said in a statement that the plant has been going through tough times in the past few years.
Press Trust of IndiaMay 25, 2014
Hyundai India recalls Santa Fe over faulty stop lamp switch Subscriber Only
Affected owners will be notified in a phased manner to bring in their vehicles to authorised Hyundai dealers for replacement of the part.
ReutersMay 25, 2014
Filed in 2011, the lawsuit accused Silicon Valley companies of conspiring to limit competition and keep wages down for engineers and other technical staff.
ENS Economic BureauMay 25, 2014
The court last month had ordered an ‘interim status quo’ on the deal, pending a decision on a petition for a probe into alleged insider trading.
May 25, 2014
Buy & large, online grocers a sellout with consumers Subscriber Only
Record month-on-month growth of 15-30%; look to raise additional funds from investors .
May 25, 2014
Debt-ridden Nafed plans to mortgage Delhi properties Subscriber Only
Move to fetch Rs 265 cr, helping it partially retire Rs 1,800-cr debt
May 24, 2014
Total market cap of SBI in terms of loan book stands at Rs 2.05L cr against HDFC Bank’s Rs 1.89L cr.
Press Trust of IndiaMay 24, 2014
SC earlier observed that Andhra HC has no territorial jurisdiction over Sun Pharma-Ranbaxy merger process.
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