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Current Headlines | Most Read | Archives
Online restaurant discovery guide Zomato has acquired two restaurant guides in Czech Republic and Slovakia for a combined amount of $3.25 million, as part of its overseas expansion plans.Zo...
Sonata Software North America Inc., a wholly-owned subsidiary of Sonata Software Ltd, has signed definitive agreements to acquire a controlling stake in California-based Rezopia Inc.. Re...
L&T to bid for bullet train project  (23 August 01:47 am) 
Larsen & Toubro (L&T) is gearing up to bid for the government’s ambitious bullet train project, its Executive Chairman A. M. Naik, said on Friday. “We will certainly participate in the
The Reserve Bank of India, on Friday, said it would conduct more frequent term repo auctions to make borrowing more flexible to meet the liquidity needs. “With a view to ensuring flexibil...
Facing a SEBI order with charges of running an illicit money pooling scheme worth about Rs.50,000 crore, PACL, on Friday, said it would approach the Securities Appellate Tribunal against the direc...
Orders immediate closure of the scheme run by PACL
Federal Reserve Chair Janet Yellen on Friday said the Great Recession complicated the Fed’s ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
OnMobile Global chairman resigns  (23 August 12:47 am) 
OnMobile Global director and Chairman H. H. Haight has resigned with effect from August 20. In an announcement to stock exchanges, the company said Mr. Haight’s resignation was in connection wit...
We certainly share the new government’s ‘Make in India’ philosophy, says President and CEO Tom Goeke.
Milacron LLC, a leading high precision plastic processing technologies and control systems player, on Friday announced its plans to further invest $30 million in its India operations. The...
Infosys has offered 22,794 restricted stock units to its CEO and Managing Director Vishal Sikka. In an announcement to stock exchanges, the company said the grant price is Rs 5 per unit and will v...
Sundaram-Clayton to up borrowing limit  (22 August 08:47 pm) 
Sundaram-Clayton has sought the approval of the shareholders to increase its borrowing limit up to Rs.750 crore. It may be recalled that the shareholders had given their nod to the company...
Online restaurant discovery guide Zomato has acquired two restaurant guides in Czech Republic and Slovakia for a combined amount of $3.25 million, as part of its overseas expansion plans.Zo...
Maruti Suzuki India on Thursday said it expects minority shareholders voting for approval of plans to let parent Suzuki Motor Corp own the proposed new plant in Gujarat, to happen someti...
Arvind brings America’s Gap to India  (22 August 10:47 pm) 
Plans to open about 40 franchise-operated Gap stores in five years; the first stores are expected to open in Mumbai and Delhi in mid-2015.
In response to a long pending demand from the sugar industry, the government on Friday announced its decision to raise import duty from 15 per cent to 25 per cent. “We hope the move helps...
NSEL scam: Jignesh Shah granted bail  (22 August 07:20 pm) 
. The court allowed immediate release of Mr. Shah on health grounds,
Tata Sons, the holding company of the Tata Group, on Friday announced the appointment of James Shapiro as its Resident Director in North America. A statement from Tatas said Mr. Shapiro w...
Arvind to tie up with Gap  (22 August 07:20 pm) 
The first stores are expected to open in Mumbai and Delhi in mid-2015.
The Indian rupee on Friday rebounded 20 paise to end at over three-week high of 60.47 against the Greenback following strong local equities and capital inflows. After falling six paise on...
The benchmark Sensex on Friday rose over 59 points to close at 26,419.55, near its record high, and the Nifty settled above the 7,900-mark for the first time, boosted by gains in banking and IT st...
The benchmark Sensex on Friday rose over 59 points to close at 26,419.55, near its record high, and the Nifty settled above the 7,900-mark for the first time, boosted by gains in banking and IT st...
With the change at the Centre, Gujarat government on Friday said the “trust deficit” between Centre and states, which was delaying GST roll out, has been removed and hoped the new indirect tax
Undisclosed income to the tune of Rs. 90,000 crore was detected during 2013-14 in various searches and surveys conducted by the Income Tax department, a top official from the Central Board of Dire...
Arvind Subramanian all set to be the CEA  (22 August 04:47 pm) 
The Modi Government is likely to name Arvind Subramanian, the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and senior fellow at the Centre for Global Dev...