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1 held for service tax evasion  (24 July 09:49 pm) 
The Central Excise and Service Tax officials arrested the Chairman and Managing Director of an event management company here on Wednesday evening. An official release said the compan...
Call to scrap the project and take action against the company
Follow-up rains in September, October hold key to yield, output
The securities allotment committee of the board of directors of Idea Cellular on Thursday allotted 5.183 crore equity shares of face value of ₹10 each to Axiata Investments 2 (India) Ltd at...
Mahindra Holidays & Resorts India Ltd has informed the BSE that Covington S.a.r.l, Luxembourg, has become its wholly owned subsidiary following the acquisition of 100 per cent stake in C...
Govt strategies on onion unworkable  (24 July 09:49 pm) 
Imports will lead to price rise globally; export curbs can result in shady deals
Stop loss:$1,330; target:$1,285
J Kumar Infraprojects has secured orders worth ₹208.44 crore from various authorities. According to a new disclosure to the exchanges, the orders include design and construction of depot for...
Rubber skids on lack of buyers  (24 July 09:49 pm) 
Spot rubber closed steady on Thursday. “There were no genuine buyers or sellers in the local trading houses and the prices remained neutral in an almost inactive trading session,” so...
Outlook turns bullish for mustard  (24 July 09:49 pm) 
Mustard oil in Indore mandis ruled firm on subdued demand and buying on Thursday. In Indore mandis, mustard oil ruled at ₹667 (up ₹7 from last week) for 10 kg, while it was ₹660 in Neemuch...
Punjab National Bank, UCO Bank, Indian Bank and Allahabad Bank will be in focus on Friday, as they are coming out with the current fiscal’s first quarter performance. Eyes are now on PSU banks
Turmeric loses colour on poor quality  (24 July 09:49 pm) 
Spot turmeric prices in Erode markets decreased on Thursday due to poor quality of arrivals.“The price of the hybrid finger and other varieties decreased by ₹200 a quintal. Buyers qu...
Ample stocks hold sugar flat  (24 July 09:49 pm) 
Sugar prices ruled flat on the Vashi wholesale market and mill level on Thursday with routine activities. Ample supply and need-based local demand kept sentiment calm and steady, said sourc...
Cotton may inch down  (24 July 09:49 pm) 
Cotton prices decreased by ₹150/quintal at Bhoodapady this week, though the market witnessed lower arrivals. Some 207.6 tonnes of Bt cotton arrived and the entire quantity was purc...
Shares of Alstom India are likely to come under pressure as the UK Serious Fraud Office on Thursday started criminal proceedings against its French parent Alstom SA for alleged corruption related...
Q1 result to boost Bharti Infratel  (24 July 09:49 pm) 
The stock of Bharti Infratel may react positively to its first quarter performance that beat market analysts\' estimates. The company has posted a consolidated net profit of ₹462.8 crore for the
Nokia Q2 profit at € 284 m  (24 July 09:49 pm) 
Finnish telecom equipment maker Nokia on Thursday posted a higher operating profit at € 284 million in April-June this year and said it expects net sales for the network business to grow in the s...
New no-frill carrier AirAsia India today said it would launch new flights connecting Jaipur and Chandigarh to Bengaluru from September, marking its entry into North India barely a month after laun...
When brands go social  (24 July 09:49 pm) 
Those that engage with consumers on a broader platform, rather than merely reiterate their advertising plank, reap rich dividends
The price of inaction  (24 July 09:49 pm) 
India is losing its neighbourhood. Here’s how
Jeera crackles on sluggish offtake  (24 July 09:49 pm) 
As export and domestic demand waned, offloading of positions by speculators against adequate stocks position kept jeera prices lower in the futures market. Spot price, however, rem...
The Insurance Regulatory and Development Authority (IRDA) has imposed Rs 5 lakh penalty on Sahara India Life Insurance Company Ltd for not fulfilling social sector obligations. ``...
Cola Marketing  (24 July 09:49 pm) 
Cola, competition, challengesHow have you seen cola marketing pan out in India over the last few decades?New DelhiSaloni, the moment you use phrases such as...
The Government has decided to set up an expert panel to undertake a detailed examination of the four very weak nationalised banks which have shown operating losses in 1993-94 and suggest w...
When the tax bill is unreasonable  (24 July 08:49 pm) 
Whether a company pays it and goes to court, or seeks a stay on the demand would depend on the specifics of a situation