Business News
Mar 25, 2014
Rupee hits six-month high on strong foreign inflows Subscriber Only
Overseas funds pumped in over Rs 1,465 crore in Indian equities today, helping benchmark indices hit fresh highs.
Mar 25, 2014
Despite ‘grid connect’, no pre-poll respite for the South Subscriber Only
Temperatures have started soaring and it will be summer in Andhra Pradesh, Tamil Nadu and Karnataka when the elections are underway.
Mar 25, 2014
Statistics commission plans review of RBI data collection system Subscriber Only
As part of the revamp, the NSC is keen to expand the sample size of firms by tapping into the database of market regulator Sebi as well as the ministry of corporate affairs.
Mar 24, 2014
India’s NSE index rises to record high as banks extend rally Subscriber Only
India's NSE index rose as much as 1.2 per cent on Monday to a record high, surpassing its previous all-time high hit just last week.
Mar 24, 2014
Short change: ‘Give customers a free copy of credit profile’ Subscriber Only
Report of the ‘Committee to recommend Data Format for Furnishing of Credit Information to Credit Information Companies (CICs)’ has been put up on RBI’s website for comments.
Mar 24, 2014
Third party motor pool unlikely to make a comeback: Insurers Subscriber Only
While they maintain that going back to the insurance pool system is out of question, there is a feeling within the industry that Irda may come up with a fresh order on the ongoing system
Mar 24, 2014
25% loan seekers under 30 year: Cibil Subscriber Only
While those under 30 years constituted around 7 per cent of the new credit applicants in 2008 and the same has grown to over 25 per cent now.
Mar 24, 2014
West Bengal tax revenue up 19% on greater efficiency Subscriber Only
The tax proceeds give room for financing schemes without raising any of the existing rates.
Mar 24, 2014
CBDT cancels all leaves to meet tax mop up target Subscriber Only
The direct taxes target for the current fiscal is Rs 6.36 lakh crore.
Mar 24, 2014
Finance Minister P Chidambaram feels the current set of challenges cannot be wished away by its successor.
Mar 23, 2014
Parekh says bureaucracy needs a morale boost Subscriber Only
The morale of the bureaucracy is broke. Impropriety is one thing but unleashing the CVC, the CBI years after they (officials) have retired is totally unacceptable, said Parekh.
Mar 23, 2014
Sensex edges up in thin trade during special session Subscriber Only
The stock exchanges conducted a special live trading session between 11:15 am to 12:45 pm to enable the National Stock Exchange (NSE) test its software.
Press Trust of IndiaMar 23, 2014
US SEC seeks lifetime ban, hefty fine for Rajat Gupta Subscriber Only
Gupta, 65, has been granted time till April 7 to file his reply to the SEC brief.
Mar 23, 2014
Reliance biz jet grounded for violations, JSPL under scanner Subscriber Only
The 13-seater Global Express BD 700 aircraft, owned by JSPL carried operations manuals of other aircraft and not its own.
Press Trust of IndiaMar 23, 2014
Toyota workers ready to resume work but won’t sign undertaking Subscriber Only
Toyota Kirloskar Motor had on March 16 declared a lockout following the failure of talks between the management and the union on wage negotiation.
Mar 23, 2014
Obama reassures Internet CEOs on tech privacy Subscriber Only
The meeting was attended by CEOs of companies such as Facebook, Google and Netflix.
Mar 23, 2014
With cars, drivers, Google revs up home delivery Subscriber Only
The search giant is now looking to bee a big player in the online shopping space with Google Shopping Express.
Mar 23, 2014
Launchpad: Picturesque pinnacle Subscriber Only
Nikon has launched the high-end Nikon D4s and entry-level Nikon D3300 in India.
Mar 22, 2014
Strauss-Kahn seeks to start $2 bn hedge fund Subscriber Only
The DSK Global Investment Fund is a “global macro fund,” and is “as plain vanilla as it gets,” Zeidan added.
Associated PressMar 22, 2014
Microsoft says it snooped on Hotmail to track leak Subscriber Only
Firm searched emails to track down who was leaking company secrets.
Mar 22, 2014
Online sleuths had noticed the same amount of Bitcoin moving through the crypto-currency exchange after the bankruptcy filing.
Mar 22, 2014
World markets recover on upbeat US economic data Subscriber Only
In the US, the Dow was up 0.6 per cent at 16,428.96 and the broader S&P 500 was up 0.4 per cent at 1,880.04.
Mar 22, 2014
‘RBI yet to adopt inflation targeting, talks on with govt’ Subscriber Only
Rajan says RBI exploring recommendations of Urjit Patel report.
Mar 22, 2014
Yellen’s off-script moment may give good read on Fed policy Subscriber Only
The Fed chief said on Wednesday that the central bank may only wait six months after ending its bond buying to raise rates.
Mar 22, 2014
Govt mops up R8,500 crore in divestment drive Subscriber Only
While foreign investors put Rs 750 crore, anchor investors contributed Rs 850 crore to the ETF, merchant bankers said.
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