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Export hub on Suzuki agenda (16 May 04:46 am)

Calcutta, May 15: Suzuki Motorcycle India today said it would consider making the country its export hub.

Monsoon date for DTC bill (16 May 04:46 am)

New Delhi, May 15: Finance minister Pranab Mukherjee today said the Direct Taxes Code (DTC) bill, which includes provisions on General Anti-Avoidance Rules (GAAR), will be introduced in the monsoon

IRDA mulls multi-utility product (16 May 04:46 am)

Hyderabad, May 15 (PTI): The Insurance Regulatory and Development Authority (IRDA) has asked the Life Insurance Council to design a single product covering life, non-life and health.

Cut in Iran oil import (16 May 04:46 am)

New Delhi, May 15: Under pressure from the US, India today announced lower oil imports from Iran even as the CPM criticised the government for toeing the American line.

Appetite for Speciality shares (16 May 04:46 am)

Calcutta, May 15: Speciality Restaurants, owner of popular fine dining chains Mainland China and Oh! Calcutta, has agreed to sell shares worth Rs 26.4 crore to five cornerstone investors ahead of its

Tug-of-war over sugar (16 May 04:46 am)

New Delhi, May 15 (PTI): In a turf war to control sugar exports, the commerce ministry today fixed a quota of 10,000 tonnes per trader, reversing the decision of the food ministry, which allowed

Europe shock for Eveready (16 May 04:46 am)

Calcutta, May 15: Eveready Industries has suffered a fourth-quarter net loss of Rs 86.01 crore compared with a loss of Rs 4.84 crore in the third quarter. The news sent the Eveready stock downhill to

AB Nuvo profit falls (16 May 04:46 am)

Mumbai, May 15: Aditya Birla Nuvo Ltd\'s net profit plummeted 42 per cent to Rs 170 crore in the three months ended March 31, 2012 from Rs 294 crore in the year-ago period.

Bharti under ED scanner (16 May 04:46 am)

New Delhi, May 15: India\'s No. 1 mobile operator Bharti Airtel is under Enforcement Directorate investigation over charges of money laundering and violation of foreign exchange rules, junior finance

Srei net dips 38% (15 May 03:46 am)

Calcutta, May 14: Srei Infrastructure Finance today reported a 38 per cent decline in consolidated net profit at Rs 111.81 crore for 2011-12 compared with Rs 179.24 crore in the previous year despite

Rating blow to three banks, LIC (15 May 03:46 am)

Mumbai, May 14: Global rating agency Moody\'s today downgraded the credit ratings of the Life Insurance Corporation and the country\'s three largest private banks \' ICICI Bank, HDFC Bank and Axis Bank \'

Market cop slams MPS Greenery (15 May 03:46 am)

Mumbai, May 14: Market regulator Sebi has cracked down on Jhargram, West Midnapore-based MPS Greenery Developers Ltd \' one of several firms in Bengal that have been raising tonnes of cash through

Rupee at new low (15 May 03:46 am)

Mumbai, May 14: The rupee closed at a new provisional record low of 53.97 to the dollar as the euro slumped to a near four-month low and Asian markets fared badly.

Merc on compact course (15 May 03:46 am)

Calcutta, May 14: Mercedes-Benz will ramp up investment at its Chakan facility to assemble five new compact cars that will start hitting the market late this year.

LandT rise in profit beats estimate (15 May 03:46 am)

Mumbai, May 14: Engineering conglomerate Larsen and Toubro beat Street estimates to post a 14 per cent increase in net profit at Rs 1,920.41 crore in the fourth quarter ended March 31 compared with Rs

Ispat blunts JSW Steel earnings edge (15 May 03:46 am)

May 14: JSW Steel today posted a marginal fall of around 3 per cent in net profit at Rs 769.73 crore for the fourth quarter ended March 31, 2012 on the back of a rise in raw material costs and loss in

Food prices stoke inflation (15 May 03:46 am)

New Delhi, May 14: A spurt in food prices has pushed up inflation to 7.23 per cent in April, limiting the scope of the Reserve Bank of India to cut key interest rates to help revive the economy.

Glaxo growth plan (15 May 03:46 am)

Calcutta, May 14: GlaxoSmithKline Consumer Healthcare Ltd (GSKCH) \' an associate of GlaxoSmithKline plc \' is planning to introduce some of its global oral healthcare, nutrition and high-protein

Sharp fall in credit card users (14 May 04:46 am)

Mumbai, May 13 (PTI): The total number of credit card holders declined 21 per cent in 2011 in the country, though the number of premium card-holders rose 29 per cent.

Terms for Darjeeling e-auction (14 May 04:46 am)

Calcutta, May 13: Darjeeling tea growers want global buyers to participate directly in the proposed e-auction of their varieties.

Trai sticks to spectrum base price (14 May 04:46 am)

New Delhi, May 13: Telecom regulator Trai has kept the base price of 2G spectrum intact in its final recommendations to the government, putting the onus on the latter to lower the price, which is

Harley ready for growth ride (14 May 04:46 am)

Calcutta, May 13: Harley-Davidson India plans to sell 1,200 bikes this year and expects the east to contribute 10 per cent to sales, managing director Anoop Prakash said today.

Oil firms try to put a lid on petrol prices (14 May 04:46 am)

New Delhi, May 13: PSU oil retailers have placed a suggestion before the government on petrol, which may stave off a price hike of the fuel.

Gold to glitter (13 May 03:46 am)

Milan, May 12 (Reuters): Gold prices are set for a 12th consecutive year of gains despite volatility, with investor demand likely to be spurred by unfolding Eurozone sovereign debt crisis, a senior

Essar Oil loss at Rs 515cr (13 May 03:46 am)

Calcutta, May 12: Essar Oil has suffered a net loss of Rs 515 crore in the fourth quarter ended March 31, 2012. The company had posted a net profit of Rs 321 crore in the same period a year ago.