India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
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Times Centre for Learning ties up with Chicago Booth B-school
The Times Centre for Learning (TCLL) is teaming up with University of Chicago Booth School of Business to deliver professional education in India.
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Save individuals, not ‘living dead’ companies: Rajan
RBI governor Raghuram Rajan has made a strong pitch for allowing inefficient organizations to die even as he called for a safety net for individuals.
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Godrej buys Kenyan home, personal care company
Godrej Consumer Products (GCPL), through a subsidiary, has acquired a majority stake in Kenya-based home and personal care company, Canon Chemicals.
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BigBasket's loss trebles to 60 crore in FY15
Online grocer BigBasket's net loss trebled to over Rs 60 crore for the year ended March 31, 2015 against a net loss of Rs 21.6 crore in the year-ago period, according to the latest documents filed with the Registrar of Companies.
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Cairn can’t export excess crude, government tells Delhi high court
The government told the Delhi high court that an empowered panel has decided that Cairn India cannot be allowed to export the excess crude from its Rajasthan oil field. Cairn said a deal with the government allows it to either sell its unsold share of crude to private players or ...
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Tata Steel posts loss of Rs 2,127.23 crore in Q3
Tata Steel on Thursday reported a consolidated net loss of Rs 2,127.23 crore for the quarter ended December 31, 2015 hit by subdued demand in India as well as higher regulatory costs and a strong British pound. The Mumbai-based company had a net profit of Rs 157.11 crore in the ...
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Toshiba invests $30 million in Hyderabad factory
Toshiba Transmission & Distribution Systems (India) on Thursday announced completion of a major investment of around $30 million at its Hyderabad factory, an expansion which would enable it in meeting growing domestic and global demand. This boosted production capacity for transformers up by 50%.
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Sensex rises 115 points to halt 3-day losing streak
Market benchmark Sensex on Thursday snapped a three-session losing spree as it jumped by 115 points to 24,338.43 and in the process recovered from a two-week low on value-buying in recently beaten-down stocks.
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GST will become a reality soon: Arun Jaitley
Finance minister Arun Jaitley on Thursday hoped that the opposition parties will "see reason" and the Goods and Services Tax (GST), which is held up in Rajya Sabha, will become a reality soon.
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Diluting stake in insurance subsidiaries to take time: SBI
State Bank of India, which is looking to divest some of its stake in life and non-life insurance subsidiaries, today said that the process may take "a little time"
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FinMin receives 70 applications for NIIF CEO post
Finance Ministry has received over 70 application for the post of chief executive of India's maiden sovereign wealth fund. "We are in the process of selecting CEO of NIIF. The CEO will be drawn from the market... We have received 70 applications," ...
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Aus hopeful of securing free-trade agreement with India
Australia is hopeful of securing a free-trade agreement with India "sometime this year", trade and investment minister said today after the country signed the historic Trans Pacific Partnership Agreement with 11 other nations. Andrew Robb, with his ...
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Carmakers say India’s sudden rule changes raise investment uncertainty
Behind the glitzy song-and-dance sequences at the biennial Delhi Auto Expo, executives from automakers including Maruti Suzuki India Ltd., Honda Motor Co., and Ford Motor Co. are expressing concern about sudden changes in regulation. In December, India’s top court banned the sale of diesel vehicles with 2-liter engines or larger ...
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LIC’s new retail biz share dives to 54% from 72% in 2 yrs on tax woes
Life Insurance Corporation of India’s share of new individual policy premiums has dropped to 54% in December 2015 from 72% in December 2013.
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RMZ buys Essar Biz Park for Rs 2,400cr
Southern real estate major RMZ Corp has acquired Equinox Business Park, owned by billionaire brothers Shashi and Ravi Ruia of Essar, in Mumbai for Rs 2400 crore — possibly the biggest M&A deal in the country’s booming office space market.
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India’s consumer inflation expectation remains above 10%: RBI
Indian households expect consumer inflation to remain above 10 per cent over the next year, a survey by the Reserve Bank of India shows. This is in sharp contrast to the actual data which was nearly half of that figure in December.
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Paper firms fear more dumping from China and Indonesia
Firms attribute concerns to high countervailing duty in the US, India-Asean FTA
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Cabinet clears coal supply via auction to non-regulated sectors
In a bid to ensure coal supplies and a level playing field to non-regulated sectors such as steel and cement, the government on Wednesday said coal linkages will be provided to them only through auctions, which will kick off later this month.
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US dollar ends higher against rupee
The US dollar ended higher against the rupee at 68.09/08 per dollar
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Reliance Defence to set up R&D centre for aerospace tech
Reliance Anil Dhirubhai Ambani Group chairman Anil Ambani announced setting up of a centre for research, development and innovation in aerospace technology. Ambani said the proposed centre, to be set up under Reliance Defence, will generate more than 1,500 highly-skilled jobs.
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Ban on diesel cars not justified, Jaguar Land Rover chief says
Jaguar Land Rover expressed disappointment over the Supreme Court ban on 2,000cc and above diesel SUVs. Stating that diesel engines in many respects are better than their petrol counterparts, JLR CEO Ralf Speth said he doesn't understand the rationale behind the ban.