The New Indian Express - Business - RSS Feed from The New Indian Express en Copyright 2012 The New Indian Express. All rights reserved. Sun, 01 May 2016 06:08:15 +0530 Sun, 01 May 2016 02:39:42 +0530 Business Petrol Price Hiked by 1.06 a Litre, Diesel 2.094 Paise Petrol in Delhi will cost Rs 62.19 per litre from midnight tonight as against Rs 61.13 currently, said IOC. Sat, 30 Apr 2016 23:41:25 +0530 Tech Startups Losing Steam The summer of 2016 may be one of the hottest for all of us, but for internet-based startups in the country, Winter is coming. Sat, 30 Apr 2016 23:26:56 +0530 Debt-free NBCC Eyes 25 Percent Top Line Growth in 5 Years With Green Thrust Sat, 30 Apr 2016 23:25:21 +0530 TC Okay With Trai Base Price, Auction to Rake in Rs.5.36L Crore Sat, 30 Apr 2016 23:22:43 +0530 June Auction to Ensure Enough Tele Spectrum Sat, 30 Apr 2016 23:21:32 +0530 'Wrap up Probes Early, Improve Conviction Rate' Sat, 30 Apr 2016 23:20:27 +0530 Auction Fails as Kingfisher Brands Find no Bidder Sat, 30 Apr 2016 23:19:19 +0530 Three Way Indo-German JV to Supply Amphibious Extractors to Indian Market WW-Planen GmbH and Mutual GmbH have entered into a Joint Venture to supply high tech amphibious extractors to India. Sat, 30 Apr 2016 19:26:28 +0530 Telecom Commission for Auction of all Spectrum Available at Base Price Inter-ministerial panel Telecom Commission favoured auctioning of spectrum available at base price suggested by Trai. Sat, 30 Apr 2016 17:16:23 +0530 RPG Life Sciences Net Plunges 52% The company also reported a 4.4 per cent drop in income at Rs 68.8 crore from Rs 72.02 crore a year ago. Sat, 30 Apr 2016 16:03:38 +0530 Auction Fails as no Bidder Turns up for Kingfisher Brands The items on sale during today's e-auction included the the logo as also the once-famous tagline 'Fly the Good Times'. Sat, 30 Apr 2016 14:42:24 +0530 Jabong Announces Partnership With ASICS Tiger for Sportswear Portfolio After establishing itself as India’s leading fashion destination online, Jabong has now announced its partnership with the leading iconic sports and lifestyle brand ASICS Tiger. Sat, 30 Apr 2016 14:02:35 +0530 India's Forex Increased Marginally to $361 Billion According to RBI's forex data the reserves stood at $361.60 billion as on April 22 against $360.25 billion for the week ended April 15, 2016. Sat, 30 Apr 2016 13:58:38 +0530 Lenders Begin Auction of Brand Kingfisher, Trademarks The brand Kingfisher was collateralised to banks for a whopping Rs 4,000 crore (by Grant Thornton) in 2010, now down to a trickle. Sat, 30 Apr 2016 12:48:21 +0530 Vodafone Picks BofA, Kotak, UBS, Other Banks for India IPO The company was not immediately available for comment outside its regular business hours when Reuters attempted to contact it on Saturday. Sat, 30 Apr 2016 10:45:14 +0530 Yahoo CEO Could Get $55M in Severance Pay in Potential Sale Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job. Sat, 30 Apr 2016 10:37:50 +0530 UP Seeks 77,000 kl Increase in Kerosene Quota Uttar Pradesh has sought a 77,000 kilo litre increase in the kerosene it receives from the centre to increase its monthly allotment to 200,312 kilo litres, a minister said on Saturday. Sat, 30 Apr 2016 09:56:11 +0530 Yahoo's Bidder Shortlist Points to Cash Deal: Sources Yahoo has been laying off employees and seeking to cut costs as its core Internet business shrinks. Sat, 30 Apr 2016 09:12:13 +0530 Apple's Stock Suffers Worst Week Since 2013 That shrank the technology behemoth's market capitalisation by $65 billion, about equivalent to Cambodia's net wealth. Sat, 30 Apr 2016 09:03:21 +0530 State Grid, Enel Place Bids for Brazil's Renova Stake: Sources Three Gorges, Renova and Light did not have an immediate comment. BNDESPar did not comment. Sat, 30 Apr 2016 08:59:44 +0530 Facebook Hit With Lawsuit Over Plan to Issue New Stock The lawsuit, filed in the Delaware Court of Chancery, followed the social networking company's announcement on Wednesday of its plan to issue the shares. Sat, 30 Apr 2016 08:53:30 +0530 ICICI Net at 10-year Low on Bad Loan Provisioning Sat, 30 Apr 2016 06:36:55 +0530 Direct Tax Share Hits Decade Low CBDT makes income tax data for 16 years public; It’s a big step for transparency, tweets Prime Minister Narendra Modi Sat, 30 Apr 2016 06:36:52 +0530 Corporates Turn to Inject Happiness at Workplace, the Bhutan Way Sat, 30 Apr 2016 06:36:51 +0530 It's Total Taxation, Not 1% Excise on Gold Jewellery that Weighs: WGC The overall tax on gold jewellery, which comes to 12.5 per cent, is counter productive as it is tax on savings,  says the World Gold Council (WGC). Sat, 30 Apr 2016 06:36:50 +0530 Titan Offers VRS Scheme Sat, 30 Apr 2016 06:36:49 +0530 Rs 12,900-cr Axis Bank FDI Proposal Cleared Sat, 30 Apr 2016 06:36:49 +0530 House Panel for Cap on Economy Class Airfares Sat, 30 Apr 2016 06:36:48 +0530 'Sleuths Find it Hard to Crack WhatsApp Info' Indian security agencies are unable to decrypt some of the communication on platforms like WhatsApp to readable formats for various technical, legal and regulatory reasons, Communications and IT Minister Ravi Shankar Prasad informed the Parliament on Friday. Sat, 30 Apr 2016 06:36:47 +0530 Telecom Spectrum Pricing Meet Today Sat, 30 Apr 2016 06:36:46 +0530 ZooZoo Becomes Country's First Corporate Brand Emoji on Twitter Vodafone has tied up with Twitter to release an emoji version of its popular animation mascot, ZooZoo. Sat, 30 Apr 2016 06:36:46 +0530 Government Raises EPF Interest Rate to 8.8 Percent for 2015-16 In the third roll-back in two months, the government today raised interest rate on EPF contributions to 8.8 per cent. Fri, 29 Apr 2016 17:52:46 +0530 Reliance March Oil Imports up 22 Percent Year-on-year Trade Reliance Industries, owner of the world's biggest refining complex, shipped in 22 percent more oil in March compared with last year. Fri, 29 Apr 2016 17:22:48 +0530 Indian Banks' Loans Rose 10.4 Percent in Two Weeks to April 15 Bank deposits fell 1.75 trillion rupees to 95.46 trillion rupees in the two weeks to April 15. Fri, 29 Apr 2016 17:13:05 +0530 UPL Q4 Profit up 25% at Rs 552 Crore The company had reported a net profit of Rs 440.06 crore in the same quarter of the previous fiscal. Fri, 29 Apr 2016 17:07:03 +0530 Government Releases Rs 25,834 Crore Subsidy to FCI This Fiscal The government has released Rs 25,834 crore subsidy to the Food Corporation of India (FCI) so far this fiscal. Fri, 29 Apr 2016 17:05:15 +0530 Marico Q4 Net Rises 25.8% to Rs 138.43 Crore The company had reported a net profit of Rs 110.03 crore in the corresponding quarter a year ago. Fri, 29 Apr 2016 17:02:24 +0530 State Bank of Bikaner & Jaipur Q4 Net Down 31% at Rs 193 Crore The bank's net profit in the corresponding January-March period of 2014-15 stood at Rs 280.25 crore. Fri, 29 Apr 2016 17:00:35 +0530 Parliament Panel Suo Motu Examines NPAs in Public Banks The non-performing assets of the public sector banks touched Rs 3.61 lakh crore at the end of December 2015. Fri, 29 Apr 2016 16:26:38 +0530 Sensex Ends Flat, Posts First Weekly Drop in Three The Nifty edged up 0.03 percent to close at 7,849.80, Sensex ended 0.01 percent higher at 25,606.62. Fri, 29 Apr 2016 16:18:33 +0530 Gold Tops Rs 30,000 Mark, Hits Two-year High on Global Cues The persistent buying by jewellers' to meet the ongoing wedding season demand too supported the uptrend. Fri, 29 Apr 2016 15:51:05 +0530 Jaitley Justifies Levy on Gold Imports Jaitley reasoned that trade had not developed to the extent that annual turnovers of small jewellers had crossed 6 Cr. Fri, 29 Apr 2016 15:11:06 +0530 CPI Urges Jaitley to Intervene in SBI Recruitment of Clerks Jaitley to intervene and scrap the condition that prevents education loan defaulters from applying for clerical jobs. Fri, 29 Apr 2016 15:06:24 +0530 Sensex Poised for First Weekly Drop in Three as Earnings Disappoint The Nifty was down 0.61 percent at 7799.15 and down 1.2 percent for the week, snapping a two-week winning streak. Fri, 29 Apr 2016 14:42:01 +0530 ICICI Bank's Quarterly Profit Plunges to Lowest Since 2006 ICICI Bank, India's largest private sector lender by assets, its quarterly profit plunged three-fourths to the lowest. Fri, 29 Apr 2016 14:30:00 +0530 Infosys New Platform to Drive Automation, Innovation Software major Infosys has developed a knowledge-based artificial intelligence (AI) platform to drive automation and innovation for its global clients. Fri, 29 Apr 2016 14:13:13 +0530 UP Rolls Out Major Incentives to Boost Start Ups In a bid to boost start ups, UP government has waived off the stamp duty on land purchased for building offices. Fri, 29 Apr 2016 12:51:04 +0530 Uber Vs Ola: How Fight for Indian Taxi Market Ended up in Court A lawsuit was filed by Uber accusing Ola of a campaign to disrupt its business and poach its drivers. Fri, 29 Apr 2016 12:43:19 +0530 Saudis to Push Oil Output Higher But Won't Flood Market Saudi Arabia's oil output will edge up close to record highs in coming weeks to meet summer demand for power. Fri, 29 Apr 2016 12:28:14 +0530 British Government May Have to do More to Help Tata Find Buyer for UK Assets: CEO The British government will probably have to do more to help India's Tata Steel to find a buyer for its steel plants in the country. Fri, 29 Apr 2016 12:15:14 +0530 Delhi Metro Likely to Get Green Power From Solar Plant in MP Delhi is expected to get green power from Madhya Pradesh starting next year to run its Metro trains. Fri, 29 Apr 2016 11:09:51 +0530 I Want to Return, But I'm in Forced Exile: Vijay Mallya Mallya blames the heightened political climate for his inability to reach a consensus with the banks to settle debts. Fri, 29 Apr 2016 10:54:12 +0530 Sensex Slips 56 Points as May Series Gets Off to a Shaky Start The 30-share Sensex, which lost 461 points in the previous session, fell by another 55.65 points. Fri, 29 Apr 2016 10:04:42 +0530 Rupee Inches up 7 Paise Against Dollar The rupee recovered by 7 paise to 66.45 against the US dollar in early trade. Fri, 29 Apr 2016 10:00:56 +0530 Oil Prices Dip on Looming OPEC Production Rise Crude oil prices fell in early trading on Friday as a looming rise in Middle East output may drag on the stronger markets seen in April. Fri, 29 Apr 2016 09:58:38 +0530 Amazon Profit Crushes Estimates as Cloud-service Revenue Soars Inc reported profit and revenue that blew past analysts' expectations, sending its shares soaring. Fri, 29 Apr 2016 09:53:30 +0530 LinkedIn Raises Forecast on Robust Demand for Hiring Services LinkedIn raised its 2016 revenue and profit forecast as demand rises for its hiring services. Fri, 29 Apr 2016 09:49:12 +0530 Comcast Buy of 'Kung Fu Panda' Producer Aids Asia Strategy Comcast Corp's planned purchase of DreamWorks Animation would increase the media giant's foothold in Asia, particularly China. Fri, 29 Apr 2016 09:40:21 +0530 Investors' Day of Anger at Executive Pay Investors intensified the fight against high pay for poor performance in a bruising day for some of Britain's biggest companies. Fri, 29 Apr 2016 08:09:16 +0530 Global Rating Agencies Projections Make India's Growth Number More Puzzling Fri, 29 Apr 2016 06:46:16 +0530 Infosys Unveils AI Tool 'Mana' Fri, 29 Apr 2016 06:46:12 +0530 Trademarks of Kingfisher to be Auctioned Lenders will auction the trademarks of the airline, including ‘Kingfisher’ logo and tagline on Saturday. Fri, 29 Apr 2016 06:46:06 +0530 TTK Prestige Eyes Europe Post Horwood Acquisition Fri, 29 Apr 2016 06:46:05 +0530 HCL Tech Q3 Net Profit Spurts 14.4% Fri, 29 Apr 2016 06:46:04 +0530 Comcast Buys Dreamworks in $3.8 bn Deal Fri, 29 Apr 2016 06:46:04 +0530 Sensex Tanks 461 pts as BoJ Stance Rattles Global Markets Fri, 29 Apr 2016 06:46:02 +0530 Now, Jewellery Groups in Kerala go the e-Way Route Fri, 29 Apr 2016 06:14:18 +0530