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EPFO to allot universal numbers by Oct 15
(20 April 10:48 am)
Retirement fund body EPFO will provide permanent or universal account numbers (UAN) on the pattern of core banking services to its over five crore active subscribers by October 15 this year.
Toyota, union told to restore normality at plants
(19 April 11:59 pm)
The Karnataka Government, on Saturday, asked the Toyota Kirloskar Motor (TKM) management and its union to restore normality in operations immediately. This fiat is expected to break the stalemate...
Interim team takes charge at Mattel India
(19 April 11:57 pm)
Four top officials had quit in March following an audit. The management team comprises Rahul Bhowmik, Marketing Director; Rasika Malhotra, HR Director, and Ritesh Bindal, Sales Director, Mattel India
Reliance Capital makes bid to buy into MCX
(19 April 11:56 pm)
Reliance Capital has made a bid to buy a sizable stake in Multi Commodity Exchange (MCX), India’s biggest commodity exchange earlier controlled by Jignesh Shah’s Financial Technologies India Ltd.
Daikin eyes stronger play in entry-level AC segment
(19 April 11:55 pm)
Daikin has said it is on a stronger wicket now in India and seeks to lure first time air conditioner (AC) buyers with competitively-priced products as the Japan’s largest AC maker is transforming...
Improving western economies to drive Indian IT
(19 April 11:49 pm)
Firms have also recognised the huge opportunity that ‘digital’ represents
Gold prices recovered on mild retailers buying
(19 April 03:03 pm)
Gold prices recovered by Rs 20 to Rs 30,250 per ten gram in New Delhi on Saturday on scattered buying by retailers for the marriage season. Silver also rebounded by Rs 400 to Rs 43,400 pe...
Marginal increase in Reliance q4 net profit
(18 April 11:52 pm)
Company will invest $600-700 million in shale gas and open 125 to 175 new wells this year
Infosys chief compliance officer Nithyanandan Radhakrishnan quits
(18 April 11:35 pm)
IT major Infosys saw another high-profile exit with the resignation of its chief compliance officer Nithyanandan Radhakrishnan. The former executive council member is set to fly solo as an indepen...
Crucial meet on Monday to discuss IPR issues
(18 April 11:29 pm)
Cabinet Secretary Ajit Seth has called a meeting of top bureaucrats on Monday to chalk out a strategy to deal with the IPR (intellectual property rights) issues being raised by the U.S. T...
Cigna TTK Health goes in for 3-pronged pricing strategy
(18 April 11:26 pm)
Cigna TTK Health Insurance Company Ltd., the latest to join the standalone health insurance segment in India, has gone in for a three-pronged pricing strategy to gain competitive edge.With...
Tata Steel plans to merge Tata Metaliks
(18 April 11:25 pm)
Tata Steel has proposed a scheme of amalgamation between itself, Tata Metaliks and Tata Metaliks DI Pipes (formerly Tata Metaliks Kubota Pipes).In a statement, Tata Steel said a court-conv...
Green Trends in pact with Mahila Bank
(18 April 11:10 pm)
Company expects 40-60 per cent of new salons to be owned by women entrepreneurs
Corolla global sales hit 1.22 m in 2013
(18 April 11:08 pm)
Toyota Motor Sales (TMS), U.S.A., Inc., on Friday, announced that 1.22 million units of Corolla were sold worldwide in 2013, a 5 per cent year-on-year increase. Thanks to the recent re-desi...
New Hepatitis C drug, a big boon for domestic players
(18 April 10:22 pm)
The World Health Organization estimates that 150 million people globally are chronic HCV patients
Infosys appoints Kanchinadam as Chief Compliance Officer
(18 April 07:56 pm)
Country’s second largest software services firm Infosys has appointed Parvatheesam Kanchinadam as its Chief Compliance Officer and Ombudsman to its whistleblower policy. “On April 15, 201...
RIL posts marginal rise in Q4 profit
(18 April 07:41 pm)
Reliance Industries on Friday reported a marginal rise in net profit to Rs. 5,631 crore in the fourth quarter ended March 31 from Rs. 5,589 crore a year earlier. Turnover rose 13 per cent to...
Gold falls on sluggish demand
(18 April 04:52 pm)
Snapping a two-day rising trend, gold prices fell by Rs. 20 to Rs. 30,230 per ten gram in the national capital on Friday owing to slackened demand at prevailing higher levels amid weak global cues...
Wipro Q4 net up 28.8%
(17 April 11:23 pm)
IT services major Wipro, on Thursday, announced that its net profit for the fourth quarter grew by 28.8 per cent to Rs. 2,226.5 crore,, while the significant IT services segment grew in revenue by...
Piramal to buy 20% in Shriram Capital for Rs. 2,014 crore
(17 April 11:22 pm)
Will get two seats on the board of Shriram Capital
Piramal to buy 20 % in Shriram Capital for Rs. 2,014 crore
(17 April 11:09 pm)
Will get two seats on the board of Shriram Capital
Proceeds can fund overseas insurance foray
(17 April 11:08 pm)
The Shriram group can utilise the stake sale proceeds to expand its profitable insurance business. The Rs.2,014-crore, which will accrue to the Shriram group from the stake sale, would fund...
Doubles stake in Opera Solutions
(17 April 11:05 pm)
Nearly two quarters after acquiring a minority stake in global analytics solutions company Opera Solutions, Wipro has doubled its stake in the company.The company, in May, 2013, had acquire...
HCL Tech Q3 net rises 59 per cent
(17 April 10:51 pm)
On the back of increased demand for outsourcing services, Noida-based technology major HCL Technologies today posted a 59 per cent growth in net profit to Rs 1,624 crore for the quarter ended Mar...
SAIL files FIR against dealer for selling fakes
(17 April 10:50 pm)
Steel Authority of India Ltd. (SAIL) has filed an FIR against its own erstwhile authorised dealer Kashmir Steel Corporation of Jammu, for manufacturing and supplying spurious steel rebars illegall...
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