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Updated: Sep 19, 2014 12:04 PM
Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout. A vote for the 307-year union is a relief for millions of Britons, including Pri
Updated: Sep 19, 2014 04:30 PM
Following the move of the drug price regulator – National Pharmaceutical Pricing Authority-- to cap the selling price of 43 drug formulations used to treat infections and gastro intestinal disorders, and few vaccines, commonly used antibiotic drugs
Updated: Sep 19, 2014 04:08 PM
The Sensex and the Nifty ended the session near flat due to profit-taking by funds and retail investors amid firm global cues. The 30-share BSE index Sensex ended down 21.79 points at 27,090.42 and the 50-share NSE index closed marginally up by 6.7 poin
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11 minutes ago
India’s second largest software services firm Infosys has signed a contract with commercial real estate developer Skanska Property for leasing its office space for 10 years, the biggest such transaction in Poland this year. The expansion comes in
19 minutes ago
The Maharashtra unit of the BJP at its core meeting had asked Shiv Sena to give away 59 seats from its quota, which it has never won in the previous Assembly elections. Since today morning the core committee has been holding a series of meeting for disc
20 minutes ago
Federal Bank on Friday said it has launched a new version of its electronic passbook called ‘FedBook’. Customers can now monitor their loan accounts, keep track of their cheques and view their deposit accounts with ease, the old ge
31 minutes ago
Ancient Nalanda University, which once attracted students from across the world, was today formally inaugurated in its modern ‘avatar’ by External Affairs Minister Sushma Swaraj here. Hailing the occasion, Swaraj said as in the past the univ
36 minutes ago
Power Grid Corporation of India Ltd’s board of directors has accorded its approval for the formation of an equal joint venture company with Rashtriya Ispat Nigam Limited for setting up a facility for manufacturing Transmission Line Towers & Towe
Sep 19, 2014 03:57 PM
The Hero MotoCorp stock has moved up by 8 per cent this week. Apart from the market preference for cyclicals, which has been driving up the prices of stocks in the auto and auto ancillary space, other developments have increased investor interest in the s
Sep 19, 2014 10:26 AM
The rupee was trading a tad weak at 60.86 against the dollar at 4.05 p.m. local time due to mild dollar demand from importers and dollar's gains against other currencies overseas. After opening strong by 10 paise to 60.74 against the US dollar in early
Sep 19, 2014 11:56 AM
Gold prices fell 0.17 per cent to Rs 26,615 per 10 gram at the futures trade today as participants reduced their positions largely with a weak trend overseas amid subdued demand at the domestic spot market.On the Multi Commodity Exchange, gold for deliver
Sep 18, 2014 08:55 PM
It will help Govt overcome the burden of maintaining FCI for stocking and delivering foodgrains In the recent round of negotiations at the World Trade Organisation (WTO) for Trade Facilitation Agreement, the stand of Indian Government for supporting its
Sep 19, 2014 12:29 PM
ONGC is targeting 2018 to start production from its east coast oil and gas block, which is adjacent to Reliance Industries Ltd-operated KG-D6 block. This was stated by ONGC Chairman and Managing Director, D K Sarraf, when addressing the shareholders at th
Sep 19, 2014 02:26 PM
New York-listed World Wrestling Entertainment (WWE) along with Ten Sports will invest a little over $100 million (Rs 600 crore) in the Indian sporting-related entertainment market, according to sources. While Rakesh Sethi, CEO, Ten Sports, refused to gi
Sep 18, 2014 09:25 PM
The last word is far from heard on drugmaker Gilead’s Hepatitis C drug sofosbuvir in India. Asian and Indian groups have come together to file a fresh bout of opposition at the Kolkata patent office against sofosbuvir’s patent application.
Sep 18, 2014 11:09 PM
India can get back to over 7 per cent growth in the next two-three years, Finance Secretary Arvind Mayaram said.“Business confidence is back and even though still tentative, growth in the industrial sector, especially manufacturing, is showing an up-
Sep 19, 2014 02:07 PM
National drug pricing regulator NPPA has asked all pharmaceutical firms to register themselves under the Integrated Pharmaceutical Database Management System (IPDMS) for online filing of returns for monitoring, fixing and revision of drug prices.“Av
Sep 18, 2014 11:03 PM
High Court asks industry, Govt to resolve pricing issue The National Pharmaceutical Pricing Authority today brought prices of 43 essential medicines to treat diseases like tuberculosis or heart ailments under a control regime.This is even as the Delhi H
Sep 18, 2014 08:28 PM
There is no justification for a soft approach towards related party transactions despite corporate India's protestations Having introduced, and with much fanfare, stringent governance norms for related party transactions by Indian companies, it is unfort
Sep 18, 2014 04:27 PM
Addendum is a weekly column that takes a sometimes hard, sometimes casual, sometimes irreverent, yet never malicious look at some of the new or recent advertisements and comments on them. Time to play equity markets? As I write this, the bellwether i
Sep 18, 2014 04:14 PM
Sometimes products are designed for the world with a callous disregard for the environment. But there is someone who believes that all is not lost David Berman loves to indulge in drama. He enters the stage carrying a plastic crate full of Coca-Cola bott
Sep 18, 2014 04:16 PM
Being synonymous with its product may not always work to a company’s benefit It’s a space that most brand managers aspire for as the gold standard — being seen as a generic to that category. Kleenex has achieved that in tissues globall
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