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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ICICI Bank offers to demat credit, debit cards
ICICI Bank has said that customers will soon be able to dematerialize their credit cards in the Pockets app and use their smartphones to make payments in stores. The catch: This works only in phones that are near field communication (NFC) -enabled and in the 40,000-odd locations that accept NFC ...
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Twist in startup tale: Flipkart and Amazon may have explored sale talks, say sources
Flipkart considered selling itself to Amazon, sources told ET, upending conventional thinking that India’s largest online retailer would go full distance as an independent Internet giant. In recent weeks, Flipkart has opened negotiations with Alibaba for a fresh round of funding.
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Women beat men in entry-level IT jobs
There are more women than men being hired at the entry level by the Indian IT and BPM (business process management) sector. Women constitute 51% of entry-level hiring, and have a 50% higher chance, compared to male applicants.
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P&G stops sale of Vicks Action 500 Extra
Procter & Gamble Hygiene and Health Care (P&G) said it has stopped manufacturing and selling Vicks Action 500 Extra after the government banned fixed-dose combination (FDC) drugs — paracetamol, phenylephrine & caffeine — with immediate effect.
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Drug ban: Pharma market to see immediate loss of Rs 1k cr
Even as more drug makers moved court against the government’s move on irrational medicines, the ban could translate into an immediate loss of Rs 800-1,000 crore in the pharmaceutical market, impacting nearly 2,500 brands on retail shelves as well as those in transit over the next few weeks.
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Indian contracts on SGX from March 29
Beginning March 29, global investors will be able to trade on derivatives contracts on select Indian sectors on the Singapore Exchange (SGX), in addition to on the Indian bourses. On Tuesday, NSE, India’s largest bourse, and SGX signed an agreement to launch futures contracts on Nifty Bank Index.
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Who’s who of India served on Kingfisher Airlines’ board
Vijay Mallya may be a pariah today with both the Congress and the BJP disowning him, but there was a time when who’s who of India had served his Kingfisher Airlines (KFA) as its independent directors. They Began Deserting Mallya As Carrier’s Fortunes Tanked.
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Private companies rush to turn LLPs before April 1 for tax sop
The popularity of limited liability partnerships (LLPs) may diminish from April 1, as the Finance Bill has inserted a new clause which restricts the tax neutrality on conversion of private companies into LLPs. This has resulted in a sudden rush of companies which wish to convert into LLPs.
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ED gets leads in Rs 900cr money laundering case
The Enforcement Directorate (ED) is learnt to have got a couple of crucial leads while examining bank documents in the Rs 900-crore money laundering case connected with the defunct Kingfisher Airlines case. Officials said that they manage to get the leads while examining a complex bank transaction.
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Total PE investments in 2015 at $19.5 billion, best ever for India
However, the fourth quarter of 2015 saw investments worth $3.9 billion, a 12% drop as compared to the same period of 2014
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Adani gets Queensland backing for Australian coal project
Parliament in the Australian state of Queensland agreed that Adani Enterprises should be granted "all state government approvals" to build one of the world's biggest coal mines. The $7.45 billion project in the undeveloped Galilee Basin has been delayed by challenges from environmental campaigners.
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India’s February trade deficit narrows to lowest since September 2013
India's trade deficit narrowed in February to its lowest since September 2013 as exports contracted at a slower pace, with demand remaining weak from Europe. India has been struggling with weak global demand although the blow has been softened by a collapse in its oil import bill.
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Government rules out loan waiver to sugar mills
The Centre has ruled out loan waiver to sugar mills though their dues to sugarcane farmers have hit Rs 15,893 crore. Due to surplus output in the last 4 years, liquidity of the mills have been affected leading to accumulation of cane price arrears of the farmers, food minister Ram ...
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Air India announces its summer schedule
National carrier Air India announced its summer schedule on Tuesday with increased frequencies and new routes like a daily flight connecting Mumbai and Bhopal. The summer schedule will begin from March 27.
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After Pfizer, Delhi HC grants relief to Abbott and Macleods
Pharma majors Abbott Healthcare and Macleods Pharmaceuticals got interim relief from the Delhi high court which stayed till March 21 the government's decision banning sale of certain combination medicines of the two companies.
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Sensex retreats from 6-week high, slides 253 points
Market benchmark Sensex slipped from its six-week high by plunging 253.11 points to 24,551.17 while NSE Nifty cracked below the 7,500-mark on profit-booking in healthcare and FMCG stocks amid weak global cues.
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Motor premiums: Pay As You Drive is yet to take off
Indian IT companies like TCS, Infosys, Tech Mahindra, Harman India are providing an IT backbone for global insurers in delivering telematics solutions for bringing out “Pay As You Drive“ premiums for motor insurance policies.
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Centre reviews coastal regulation zone policy
The government is reviewing the Coastal Regulation Zone notification to benefit the people living along coastlines, the Lok Sabha was informed on Tuesday. Congress MP from Kerala K C Venugopal said people living along the coastlines are facing hardship due to the existing CRZ policy.
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"Prominent" people hiding taxable income: Jaitley
Many prominent people are being probed for allegedly concealing taxable income as agricultural earnings, finance minister Arun Jaitley said and told the opposition not to term it as political victimization if their names come out. Agricultural income is exempt from income tax.
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Sensex down 61 points on profit-booking
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Rupee sinks 15 paise vs dollar in early trade