The New Indian Express - Business - RSS Feed from The New Indian Express en Copyright 2012 The New Indian Express. All rights reserved. Tue, 26 Jul 2016 17:39:25 +0530 Tue, 26 Jul 2016 17:00:41 +0530 Business CAG picks holes in coal mines auction by NDA government Competition may have been restricted in auction of 11 coal blocks on account of multiple bids by corporate groups JVs. Tue, 26 Jul 2016 16:20:24 +0530 Differences with government inherent, RBI must exert autonomy: Former Governor Subbarao Former Governor D Subbarao asked the government and RBI to keep their differences 'behind the closed doors.' Tue, 26 Jul 2016 16:09:13 +0530 Dr Reddy's Labs Q1 profit slumps 75 percent, misses estimates Dr Reddy's Laboratories Ltd said its quarterly profit slumped 75 percent, hurt by fierce competition. Tue, 26 Jul 2016 15:02:02 +0530 Maruti Suzuki Q1 profit up 23 percent, beats estimates Maruti Suzuki, India's top-selling car maker, posted on Tuesday a 23 percent rise in first-quarter net profit. Tue, 26 Jul 2016 14:51:34 +0530 Sensex trades flat; meeting on GST bill in focus Indian shares were little changed on Tuesday after hitting a near one-year high in the previous session. Tue, 26 Jul 2016 14:44:48 +0530 Flipkart buys Jabong for USD 70 million Flipkart is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash. Tue, 26 Jul 2016 14:38:43 +0530 Chidambaram has been magnanimous in endorsing my book: Subbarao Tue, 26 Jul 2016 13:43:28 +0530 Mercedes to have petrol variants across portfolio in India by September The car, which comes with a toned down 3 litre V6 petrol engine, can accelerate from 0 to 100 km/h in just 4.7 seconds. Tue, 26 Jul 2016 13:38:39 +0530 Hyundai slides to 10th straight profit drop, sees tougher US market ahead To offset the sedan weakness, Koo said, Hyundai has started production of Santa Fe SUVs at its Alabama plant, targeting annual output of 50,000 cars. Tue, 26 Jul 2016 13:35:39 +0530 Amazon launches membership service Prime in India Tue, 26 Jul 2016 12:21:20 +0530 Court convicts RSPL, three officials in coal block scam case A special court today convicted Rathi Steel and Power Ltd (RSPL) and its three officials in a case pertaining to irregularities in allocation of Kesla North coal block in Chhattisgarh to the firm. Tue, 26 Jul 2016 12:16:10 +0530 Verizon sale leaves Yahoo investors betting on a stub Yahoo's $36.4 billion market value is derived from its 15% stake in Chinese online company Alibaba Group Holdings. Tue, 26 Jul 2016 12:08:57 +0530 Myntra acquires Jabong from Global Fashion Group Jabong has been in the market for a sell-off and was in discussion with companies including, Snapdeal and Abof. Tue, 26 Jul 2016 11:30:11 +0530 Sensex trades flat in early trade, down 31 points The 30-share barometer, which had gained 384.82 points in the previous two sessions, fell by 31.39 points to 28,063.95. Tue, 26 Jul 2016 10:40:56 +0530 Oil and Gas exploration firms to be exempt from subsidy contribution Decision to come as big relief to exploration and productions cos facing squeezed margins Tue, 26 Jul 2016 05:13:28 +0530 Telecos commit to installing one lakh towers for rs 20k crore Aiming at curbing frequent call drops, telecom operators on Monday committed to install 1 lakh towers within a year. Tue, 26 Jul 2016 05:13:03 +0530 Rains to dampen coffee production Domestic coffee production is likely to take a hit in the current fiscal due to lack of timely rains, government said. Tue, 26 Jul 2016 05:10:32 +0530 SBI, IOC sign pact to bring banking to farmers SBI has entered into an MoU  with IOCL to engage Kisan Seva Kendras as Business Correspondents of SBI. Tue, 26 Jul 2016 05:09:32 +0530 Thomas cook, matrimony bazaar launch 'love trails' Fishing out a honeymoon leisure travel package, just right for your first trip with your spouse is now just a few taps away. Tue, 26 Jul 2016 05:08:25 +0530 Government to spend Rs 7 lakh crore in developing highways Gadkari added, government allocated a total gross budgetary support of Rs 46,834 cr including cess and toll remittance for 16-17. Tue, 26 Jul 2016 05:06:09 +0530 Panel recommends minimum 3 percentage usage charge The suggestion may hit telecom players who are paying less than 3 per cent spectrum usage charge (SUC). Tue, 26 Jul 2016 05:04:25 +0530 Air India seeking rs 1.5k crore bridge loan AI is seeking a ‘bridge loan’ of over rs 1,500 cr for partially funding induction of two Boeing 787 Dreamliner aircraft. Tue, 26 Jul 2016 05:02:51 +0530 Verizon to buy Yahoo's core business for $4.83 billion in digital ad push Yahoo will continue as an independent company until the deal receives shareholder and regulatory approvals, the companies said. Mon, 25 Jul 2016 20:54:53 +0530 Call Drop: Telcos commit Rs 20K crore for towers,seek new spectrum Grappling with mobile call drop menace, telecom operators today committed to install 1 lakh towers within a year Mon, 25 Jul 2016 20:24:24 +0530 Indian digital payments market to reach USD 500 billion by 2020 Online shopping, payment of utility bills and buying movie tickets have emerged as the top three user activities. Mon, 25 Jul 2016 20:18:20 +0530 India rejects 955 pharma patent applications in last 3 years India has rejected as many as 955 patent applications in the pharmaceutical sector in the last three years. Mon, 25 Jul 2016 19:30:41 +0530 Uneasy about US election, rich investors eye selling stocks for cash: Survey Mon, 25 Jul 2016 18:27:16 +0530 GM re-evaluates India investment, new car platform on hold GM is re-evaluating its planned $1 billion investment & has put on hold moves to bring a new car platform. Mon, 25 Jul 2016 17:32:17 +0530 Nasscom rates TCS top employer in IT industry Infosys, Congnizant and Wipro take the next three places in Nasscom survey Mon, 25 Jul 2016 17:25:57 +0530 Sensex zooms 292 points to regain 28,000, Nifty hits 15-month high Market made a stunning comeback from early losses today as the BSE Sensex reclaimed the 28,000-mark. Mon, 25 Jul 2016 17:13:31 +0530 Bad debts cut Canara Bank Q1 profit by 52 per cent Mon, 25 Jul 2016 17:00:38 +0530 Illegal transfer: RBI imposes Rs 5 crore penalty on Bank of Baroda RBI has imposed a penalty of Rs 5 crore on the Bank of Baroda for irregularities in anti-money laundering provisions. Mon, 25 Jul 2016 16:04:30 +0530 Sensex gains as G20 policymakers pledge to support growth The broader NSE Nifty was trading 0.5 percent higher, while the benchmark BSE Sensex also rose 0.5 percent. Mon, 25 Jul 2016 13:21:03 +0530 IOB, Central Bank to benefit from capital infusion: Moody's Mon, 25 Jul 2016 12:28:05 +0530 Sensex slips 67 points as profit-booking weighs The 30-share barometer declined 66.73 points with sectoral indices led by bank, metal and teck, trading in negative zone Mon, 25 Jul 2016 10:09:52 +0530 Asian shares near 9-month peak, dollar shines Mon, 25 Jul 2016 08:35:13 +0530 G20 nations pledge to bolster defences against Brexit headwinds G20 meeting was a debut for Britain's new FM who was questioned about plans to move ahead with negotiations to leave EU. Mon, 25 Jul 2016 08:30:52 +0530 Verizon to announce 5 billion dollar deal to buy Yahoo The announcement of Verizon Communications's agreement to by Yahoo will come before the start of New York trading hours. Mon, 25 Jul 2016 08:18:34 +0530 'Live comfortably without wearing money on your sleeve' Having lived an era prior to pocket money concept, Savita Mahajan, Deputy Dean ISB learnt the value of saving early in life. Though credit is easily available now, it’s beneficial only if you take it for building long-term assets, she says. Mon, 25 Jul 2016 04:04:09 +0530 'Share' wealth with God, but life'll still be taxing! Donating cash may be a better idea than donating stocks under Section 80G of the Income know how. Mon, 25 Jul 2016 03:54:33 +0530 Get a bond for your buck Indian corporate bond market is under penetrated and attracts fewer retail investors, due to lack of awareness. Mon, 25 Jul 2016 03:47:45 +0530 Hiring in FY'17 to be lower: NASSCOM Companies' focus is on automation and pressure on margins for the decrease in hiring activities. Sun, 24 Jul 2016 19:06:52 +0530 People in agriculture underemployed, says Jaitley Jaiitley said that we can't afford to have 55 percent of people in agriculture contributing 16 percent to national GDP. Sun, 24 Jul 2016 18:46:37 +0530 India, US solar case: WTO appellate body's ruling in mid-Sept India had appealed against ruling that the country's power purchase agreements with solar firms are inconsistent. Sun, 24 Jul 2016 18:35:54 +0530 Telecom firms seek clarity on GST on value added services: Assocham Certain VAS such as ringtones are regarded as entertainment under certain states 'entertainment tax laws'. Sun, 24 Jul 2016 18:29:35 +0530