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Current Headlines | Most Read | Archives
Micro grids poised to take off  (25 October 12:47 am) 
The Centre’s plans to supply electricity 24/7 to all parts of India in five years has opened up vast opportunities for power and automation companies such as ABB, GE, Schneider Electric and few
A U.S. prosecutor, who successfully investigated a precedent-setting work visa fraud case against Infosys, resulting in the Indian IT giant paying a whopping $34 million in settlement, has been re...
The Department of Telecommunications (DoT) has invited bids to select an agency to conduct e-auction of spectrum in various bands of telecom airwaves. The department has issued a notice f...
At least ten public sector banks have been functioning without full-time chairmen and managing directors and executive directors for the last three months. While the interviews were cond...
The Aditya Birla group (ABG) has announced a joint venture with a South African insurance giant to enter India’s huge health insurance market. The financial services division of ABG has...
Norway: the road to a sustainable economy  (24 October 11:48 pm) 
If forewarned is forearmed, Norway has a pretty big arsenal.Oil discovery in the 1960s made the country one of the richest in the world with high wages and free education. In fact, it is st...
Chinese smartphone maker Xiaomi is migrating data of its non-Chinese customers from its servers in Beijing to Amazon AWS data centres in California (US) and Singapore as it looks to address rising...
The Commerce and Industry Ministry on Friday constituted a six-member think tank to draft the National Intellectual Property Rights Policy. The panel, to be chaired by retired Justice Pra...
The Finance Ministry has cleared 20 FDI proposals including 6 in the pharma sector envisaging a total inflow of Rs 988.3 crore. The proposals of Fresenius Kabi Oncology for Rs 119 crore a...
The Department of Telecom has sought more details on the proposed merger of Reliance Jio Infocomm and its long distance services arm Infotel. Reliance Jio Infocomm Ltd (RJIL) had sought D...
Bank employees body AIBEA on Friday asked Prime Minister Narendra Modi to take steps to fill up the vacant posts of CMDs at state-run lenders including UBI, BoB and Canara Bank. “While th...
The world’s biggest retailer Wal-Mart Stores Inc named Murali Lanka as the Chief Operations Officer of its Indian subsidiary with effect from December 1. Lanka will lead store operations,...
Despite recovery in market conditions and sentiment, this festive season has failed to bring in cheers to the real estate industry as home buyers continue to remain cautious, according to industry...
“There has been shift towards in-sourcing by U.S. firms over the past three years in the manufacturing sector and also in specific areas of high intellectual property value in companies.”
The online retailers are taking the smartphones route to tap the market opportunity offered in Tier-II and Tier-III cities. Most leading players expect 90 per cent of their online shopping to come...
Apple CEO visits iPhone workshop in China  (24 October 12:47 am) 
Apple CEO Tim Cook on Thursday conducted an inspection of a Foxconn iPhone workshop in China’s central Henan Province, where plans are afoot to ramp-up iPhone production to 120 million.Mr....
Samvat 2071 begins on positive note  (24 October 12:47 am) 
Sensex closes at 26851.05 with a gain of 63.82 points
U.S.-based catastrophe modelling firm AIR Worldwide has estimated that insurance companies may take a hit of around Rs.2,400 crore due to Cyclone Hudhud, which recently battered Andhra Pradesh and...
Festive buying gains momentum  (24 October 12:47 am) 
Festive season sales have picked up, starting Dhanteras prior to Diwali. The momentum can continue till Christmas, according to retailers. Gold jewellery, automobiles and consumer durables...
Honda ups ante to beat Bajaj in bike sales  (24 October 12:47 am) 
Even as Bajaj Auto is revamping its plans with new launches, Honda has been steadily increasing its bike volumes to reduce the sales gap with the former.
DLF seeks interim relief from ban  (23 October 11:48 pm) 
Barred by the Securities and Exchange Board of India from accessing capital markets, realty giant DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem f...
Indix bets big on data analytics  (23 October 11:48 pm) 
Founded in 2012, Indix has already created a database of 500 million products in the cloud, and is looking to scale it up to 1 billion listings.
Biocon Q2 net profit flat  (23 October 11:48 pm) 
Biopharma segment hits profit
Billionaire Azim Premji promoted Wipro Limited has entered into a Series G preferred unit purchase agreement to increase its investment in Opera Solutions LLC by $ 8.2 million.According to...
Wipro Q2 net income up 8% at Rs 2,085  (22 October 08:47 pm) 
In July, the firm had said it expected IT services revenues in the July-September quarter to be in the range of USD 1.77-1.81 billion.