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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Paytm for direct deals with merchants
Payments platform Paytm is sending termination notices to payment aggregators such as PayU, Citrus, Justpay, Ezetap, and others. The company is insisting on exclusive arrangements with merchants from April. This could adversely impact the revenues of the payment aggregators
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Microsoft planning new campus in India for $1bn?
Microsoft has made up its mind to set up its new campus in Bengaluru, involving an investment of $1billion for five years. The new campus will consolidate many of Microsoft's India operations and also provide for significant expansion. In India, Microsoft has its biggest presence in Hyderabad.
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SEBI bars Orion Capital, Orion Broking from capital markets
SEBI has barred Orion Capital and Debt Market, Orion Broking Services India as well as their partners from securities markets for failing to redress "numerous" investor grievances. It said the companies failed "to redress many investor grievances pertaining to non-receipt of funds or securities".
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Mahindra plans to drive heavy and light trucks to Africa
The company on Wednesday announced the launch of its new heavy commercial truck series under the brand name Blazo which comes with a range of models including haulage's, tractor trailers and tippers. The Blazo was launched at the Auto Expo in February and today was its commercial launch.
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Sensex up for 4th day, rupee reference rate at 66.86 against USD
The market kept its positive strike rate for the fourth straight session as the benchmark Sensex ended with a 7-point gain at 25,338, with some late buying coming to the rescue. The Reserve Bank of India fixed the reference rate of the rupee at 66.8640 against the US dollar and ...
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Preethi wants to be a pan-India home appliances brand
Home appliances brand Preethi, which is predominantly catering to the four south Indian states and Maharashtra, said on Wednesday that it is aiming at becoming a pan-India brand with increased marketing in Gujarat, Odisha and online.
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Jewellers continue their strike for 22nd day
New Delhi, Mar 23 () A sizeable section of jewellers, bullion traders and artisans continued their strike for the 22nd day today to protest against the proposed 1 per cent excise duty on non-silver jewellery, even as the government set up a panel to look into their demand.
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Govt to consider Air India stake sale: Report
The government plans to form a four-to-five member panel, made up of officials from the finance ministry, the civil aviation ministry, the cabinet secretariat and the company, to consider selling a stake in Air India.
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Air India One crew to wear khadi garments soon
Cabin crew aboard the Air India One - the official aircraft of the President, the Prime Minister and the Vice-President -- will soon be wearing khadi garments to promote adoption of the indigenous fabric.
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India defends right to issue compulsory drug licences
India is party to TRIPS, a World Trade Organization agreement that sets down minimum standards for intellectual property regulation
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Jaitley to leave for Australia on March 28
New Delhi, Mar 23 () Finance Minister Arun Jaitley will embark on a 4-day visit to Australia on March 28, during which he will address a Make in India conference and meet CEOs of multinational companies.
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PSU banks lose at least Rs 30k-cr to frauds in 4 years
The 26 nationalised banks, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86 crore to frauds in four years -- 2011-12 to 2014-15.
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Government defends right to issue drug ‘compulsory licences’
The government has defended its right to grant licences allowing local companies to override patents and make cheaper copies of drugs discovered by big western drugmakers, and said reports to the contrary were "factually incorrect".
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Government fixes subsidy of P&K fertilizers for FY17 at Rs 21,274 crore
The government on Wednesday fixed the subsidy rates of phosphatic and potassic fertilizers for the next fiscal with an estimated outgo of Rs 21,274 crore. It approved fixation of nutrient-based subsidy rates for P&K fertilizers for 2016-17 due to decreasing trend in global prices of fertilizers.
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A tarnished appeal
Bonds are no substitute A SMALL room on the eighth floor of Mumbai’s former cotton exchange is where jewellery goes to die. At the Master Bullion Assaying & Hallmarking Lab in the heart of the gold district, superheated crucibles melt elaborate bangles and earrings into bars a central banker might recognise. ...
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Profit booking, weak rupee dent equity markets
Mumbai, March 23 (IANS) Profit booking, coupled with heightened chances of a US rate hike and a weak rupee depressed the Indian equity markets during the mid-afternoon trade session on Wednesday.
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Virat Kohli scores another 100, this time in crores
Virat Kohli, India’s test cricket captain, is on his way to be the biggest sports celebrity in the country having already joined the Rs 100 crore club.
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Sensex slumps 102 points on profit-booking, weak overseas cues
The benchmark Sensex fell almost 102 points and the NSE Nifty cracked below the 7,700-level in early trade today as investors booked profit in recent gainers amid weak Asian cues. The index had risen over 653 points in the previous three sessions.
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Sensex slumps 102 pts on profit-booking, weak overseas cues
The benchmark Sensex fell almost 102 points and the NSE Nifty cracked below the 7,700-level in early trade today as investors booked profit in recent gainers amid weak Asian cues. The index had risen over 653 points in the previous three sessions.
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Mumbai bank passes proposal to write off Rs 260.47 crore in bad loans
Though many questions have been raised and against Mumbai Bank's proposal to write off Rs 260.47 crore, 98.8 per cent of which benefits 13 sugar factories run by politicians, the Bank today passed the proposal unanimously at a Special General Meeting (SGM).
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Uber drags Ola to court over 'false bookings'
Cab aggregator Uber filed a petition in Delhi high court accusing arch-rival Ola's employees of disrupting its business by creating over 93,000 false rider accounts using Uber's platform and using them to register over 4 lakh fake bookings only to cancel them at the last minute.