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Updated: Oct 20, 2014 10:44 PM
Will speed up re-allocation of 214 blocks cancelled by apex court; sale to be done in three months; advantage power sector Putting to end the uncertainty on coal mining in the country, the Centre on Monday decided to promulgate an Ordinance to allow e-a
Updated: Oct 21, 2014 10:23 AM
The Sensex and the Nifty were trading higher by nearly 0.6 per cent on sustained buying by funds and investors after the Government stepped up economic reforms amid a mixed trend in other Asian bourses. At 10.15 a.m., the 30-share BSE index Sensex was t
Updated: Oct 20, 2014 11:01 PM
Monday’s closing price of ₹418.85 a share brightens prospects for better valuation The Government plans to offload a portion of its stake in ONGC by the first week of November. The move is expected to speed up the Government’s disinves
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14 minutes ago
Online book retailer Inc has said it has signed a multiyear deal with Simon & Schuster Inc, the second Big-Five book publisher, on the future price of e-books. Amazon, which had been in talks with Simon & Schuster since July over pric
18 minutes ago
China's economic growth cooled to 7.3 per cent between July and September from a year earlier, the weakest expansion since the global financial crisis and reinforcing expectations that Beijing will need to roll out more stimulus to avert a sharper slowdow
18 minutes ago
Home Minister Rajnath Singh will travel to Mumbai after Diwali to meet the newly elected BJP MLAs and decide on the leadership issue and government formation in Maharashtra.“I am not going today. I think I will visit Mumbai after Deepawali,” h
23 minutes ago
State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signalling China's growing export ambitions for such technology after building the world's longest network in just seven years. It marks the first concrete
45 minutes ago
Crude oil prices rose in Asian trade today, buoyed by strong industrial production data from China, the world’s top energy consuming nation, analysts said.US benchmark West Texas Intermediate crude for November delivery advanced 17 cents to $82.88 a
Oct 20, 2014 10:04 AM
Global stocks climbed on Monday, with strong US data and encouraging third-quarter earnings easing concerns about the pace of global economic recovery and raising the appetite for riskier assets. The MSCI world equity index, which tracks shares in 45 co
Oct 20, 2014 05:52 PM
The rupee ended higher at 61.37 against the dollar on hopes of key reforms kicking in at a faster pace after the incumbent Government at the Centre — of the Bharatiya Janata Party — looked set to form the Government in two more States. Also, t
Oct 20, 2014 07:48 PM
Faced with 5-fold rise in gold imports that is pushing up the current account deficit, Finance Minister Arun Jaitley today said the government would look at re—imposing curbs on gold imports after Diwali.“Let the festival season be over, I wil
Oct 20, 2014 09:25 PM
Search for different user-group industries will help the industry Guarseed and guar gum prices rose to a record high during 2011-12. The rise was attributed to high demand from the US, which further lead to speculation in the domestic market. Though such
Oct 20, 2014 03:51 PM
New Rajasthan plant will have 7.5 lakh unit capacity a year; to roll out high-end bikes soon Hero MotoCorp on Monday said it will invest ₹5,000 crore in plant expansions over the next two-three years. “We have lined up a total in
Oct 20, 2014 12:22 PM
Kerala-based Kalyan Jewellers has raised ₹1,200 crore from US-based private equity major Warburg Pincus, in return for a minority stake. The deal, which is the largest private equity investment in the country’s jewellery manufacturing and dist
Oct 20, 2014 06:35 PM
Aditya Birla group company Idea Cellular has reported a 68.8 per cent rise in consolidated net profit for the second quarter ended September 30, 2014. The telecom operator recorded net profit of Rs 755.8 crore as against Rs 447.61 crore in the
Oct 20, 2014 11:13 PM
Will plug leakages and check pilferages, says official Direct benefit or cash transfer in bank accounts for domestic gas cylinder (LPG) is estimated to save ₹12,000-14,000 crore in subsidies. On October 18 (Saturday), the Government announced a mo
Oct 20, 2014 01:36 PM
A Delhi court today fixed December 6 for hearing a case in which CBI has charge-sheeted Lt Gen (retd) Tejinder Singh for allegedly offering Rs 14 crore bribe to then Army Chief Gen V K Singh for clearing Tatra vehicles file.Special CBI Judge Madhu Jain po
Oct 20, 2014 04:30 PM
Telecom operators could get spectrum within 90 days after payment following a Government panel asking the Department of Telecom to work out a mechanism for allocating airwaves to successful bidders in a reasonable period. According to sources, the inter-m
Oct 20, 2014 08:32 PM
Deregulation will repair government finances and lift the prospects and market valuation of state-owned oil firms The Centre was able to live up to its reformist credentials by deregulating diesel thanks to sheer good fortune in the form of falling globa
Oct 20, 2014 09:33 PM
Triguni Food sells its ready-to-eat hot meal to airlines, institutional clients The next time you order a hot meal of rava upma or kadhi chawal on an IndiGo flight or a pongal on an Air Costa flight, thank 73-year-old Radha Daga, whose enterprise has mad
Oct 20, 2014 09:33 PM
Lessons of international experience for funding early-stage start-ups In the earlier parts of this series, we noted some typical features of funding early-stage enterprises and why and how governments might create a policy environment that encourages th
Oct 20, 2014 09:34 PM
From consulting medical practitioners to delivering medicines Investor interest in healthcare has increased enough in the last couple of years to make the environment conducive for healthcare start-ups in India. Services offered may be a mix of click-and
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