The New Indian Express - Business - RSS Feed from The New Indian Express en Copyright 2012 The New Indian Express. All rights reserved. Tue, 31 Mar 2015 21:03:33 +0530 Tue, 31 Mar 2015 21:02:45 +0530 Business Mobile Call, Service Rates Can Go Up By 12-15%: COAI The Cellular Operators Association of India contested the analysis shared by Telecom Minister Ravi Shankar Prasad that there will be an impact of only 1.3 paise per minute on call rates. Tue, 31 Mar 2015 21:02:14 +0530 10,000 Jewellers in Bengal Down Shutters Over 10,000 jewellers in West Bengal downed their shutters on Tuesday in protest against the union budget making PAN number declaration mandatory for gold purchases of Rs.1 lakh and above. Tue, 31 Mar 2015 20:50:04 +0530 90% Listed Comanies on NSE Appoint Women Directors Nearly 90 per cent of the companies listed on the National Stock Exchange are believed to have complied with market regulator Sebi's norm of having at least one woman director on their boards. Tue, 31 Mar 2015 20:44:03 +0530 Toyota Kirloskar March Sales Rise 62 Per cent to 14,623 Units Toyota Kirloskar Motor reported a 62.15 per cent increase in total sales at 14,623 units in March. Tue, 31 Mar 2015 20:38:12 +0530 'Firms Can Look at Appointing Women CAs And Company Secretaries on Boards' Companies can look at appointing female chartered accountants and company secretaries on their boards to meet regulatory requirements, apex bodies of these professional services, ICAI and ICSI, said. Tue, 31 Mar 2015 20:34:19 +0530 Sensex Dips by 18 Points in Fiscal 2014-15 Bombay Stock Exchange's sensitive index touched a new low, however, the fiscal year was wrapped up with 25 per cent gain. Tue, 31 Mar 2015 16:57:59 +0530 Wives & Daughters Join Fathers & Sons to Meet SEBI Deadline! To ensure gender equality SEBI made it mandatory to have women director on their companies board of directors and gave a deadline. Tue, 31 Mar 2015 16:31:33 +0530 Snapdeal Acquires Majority Stake in RupeePower RupeePower is a digital financial products platform and Snapdeal purchase majority of the stake for undisclosed amount. Tue, 31 Mar 2015 16:22:04 +0530 FCI Plans to Revamp Two Million Tonnes of Conventional Storage Capacity The estimated cost for this revamp is around two thousand crore rupees. Tue, 31 Mar 2015 15:43:46 +0530 Salaries to Rise Above Inflation in Next Five Years: Study The study has said that nearly sixty percent of the respondents from the small organizations were of the opinion that the wage inequality will shoot up. Tue, 31 Mar 2015 15:33:06 +0530 Sensex Hits Day's Low After Doing Well in Morning Trade Although the Bombay Stock Exchange's sensitive index touched 28,180.64 points, it suddenly dipped to 27,868.21 points that's much lower than previous day. Tue, 31 Mar 2015 15:13:36 +0530 Amar Ujala Publications File Papers With SEBI for Initial Public Offer The draft documents said that the fresh issues of equity shares would be worth Rs crore and offers for sale of up to 26.90 lakh equity shares. Tue, 31 Mar 2015 14:58:18 +0530 L&T Construction Bags Orders Worth Rs 2,101 Crore The company received a major contract from the public works department for the construction of Barapullah Elevated Corridor in Delhi. Tue, 31 Mar 2015 14:52:46 +0530 Centre Assures Support to Flood-hit Farmers in J&K Tue, 31 Mar 2015 12:52:41 +0530 I-T Department Publishes Names of Big Tax Defaulters The step is to enhance public awareness against these entities who are acting against law. Tue, 31 Mar 2015 11:48:43 +0530 Sensex Regains 28K-level; Nifty Above 8,500 in Early Trade Brokers said sustained buying by foreign funds and retail investors, triggered by a firming trends at other Asian markets. Tue, 31 Mar 2015 10:21:46 +0530 Rupee Gains 10 Paise Against Dollar in Early Trade Tue, 31 Mar 2015 10:08:59 +0530 Ashok Leyland Sells 100% Stake in Czech Arm Avia for Rs 11 m Tue, 31 Mar 2015 06:00:00 +0530 Government Announces Open Source Software Policy Tue, 31 Mar 2015 06:00:00 +0530 Sebi Concern Over Low Capital Raising by Cos Pension fund will be the panacea for a sustainable capital market Tue, 31 Mar 2015 06:00:00 +0530 Market Watchdog to Act Tough Against Errants Tue, 31 Mar 2015 06:00:00 +0530 ICICI Bank’s UK, Canada Units Repatriate Rs 866 cr’s-UK-Canada-Units-Repatriate-Rs-866-cr/2015/03/31/article2738861.ece Tue, 31 Mar 2015 06:00:00 +0530’s-UK-Canada-Units-Repatriate-Rs-866-cr/2015/03/31/article2738861.ece Coal India Asked to Light up 30 Ongoing Power Projects Relief for southern states as Ministry asks coal behemoth to provide ‘tapering linkages’ Tue, 31 Mar 2015 06:00:00 +0530 'Credit Positive for Banks' Tue, 31 Mar 2015 06:00:00 +0530 IFC-type Regime for Insurance Sector on the Cards, says Official Tue, 31 Mar 2015 06:00:00 +0530 Scania’s Bus Facility Set to go on Stream’s-Bus-Facility-Set-to-go-on-Stream/2015/03/31/article2738660.ece1 Tue, 31 Mar 2015 06:00:00 +0530’s-Bus-Facility-Set-to-go-on-Stream/2015/03/31/article2738660.ece1 India Proposes Platform to Help Start-Ups Raise Cash at Home Mon, 30 Mar 2015 23:44:01 +0530 RBI Proposes NBFCs to Take Its Nod for Takeover The Reserve Bank proposed that non-banking financial companies would have to take prior approval from the regulator for takeover or acquisition of such firms. Mon, 30 Mar 2015 22:31:24 +0530 Jack Ma Meets Modi; Alibaba to Help Small Businesses in India Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma today met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.     Mon, 30 Mar 2015 22:28:47 +0530 Pidilite to Invest Up To Rs 100 Crore in Nina Waterproofing Pidilite Industries today said it will invest up to Rs 100 crore in Nina Waterproofing Systems in which it plans to have 70 per cent equity stake.    In a regulatory filing, Pidilite Industries said, the Board of Directors today approved investment in equity shares of Nina and it proposed to make the firm its subsidiary by acquiring 70 per cent stake in the firm. Mon, 30 Mar 2015 21:52:29 +0530 India Makes First Crude Oil Purchase for SPR Mon, 30 Mar 2015 21:44:52 +0530 Coal Scam: ED Attaches Assets of Ex-Coal Minister Dasari Rao The Enforcement Directorate (ED) today attached assets worth about Rs 2 crore of former Coal Minister Dasari Narayana Rao in connection with its money laundering probe in the coal blocks allocation scam case. Mon, 30 Mar 2015 21:34:38 +0530 ICAI Suggest Changes to Swachh Bharat Cess Calculation Chartered accountants' apex body ICAI has suggested that the proposed cess of two per cent for clean India initiative should be calculated on the payable service tax instead of taxable services' value.      Mon, 30 Mar 2015 21:31:49 +0530 India to Upgrade 10 Kamov Anti-Submarine Warfare Choppers India will undertake mid-life upgrade of six Russian-made Kamov 28 anti-submarine warfare helicopters besides overhaul of another four.     Mon, 30 Mar 2015 21:29:42 +0530 Expect Telcom to Make Spectrum Payment Tomorrow: Telecom Secretary The government expects telecom operators "by and large" to make an upfront payment of about Rs 29,000 crore tomorrow for spectrum they won in auction though the last date for the same is April 8. Mon, 30 Mar 2015 21:27:34 +0530 Available Spectrum Very Scarce in India: TRAI Chairman Expressing concerns over spectrum scarcity in the country, TRAI Chairman Rahul Khullar today said the availability of airwaves in India is less than 40 per cent as compared to European nations.          Mon, 30 Mar 2015 21:23:58 +0530 Taj Group Enters Dubai with 296-Room Luxury Hotel The Taj Group has opened a 296-room luxury hotel in Dubai's prestigious Burj Khalifa downtown area, taking its number of properties to 128. Mon, 30 Mar 2015 21:17:22 +0530 South India Will Be Biggest Beneficiary: Piyush Goyal Observing that lack of adequate transmission capacity was the biggest problem in South India, Union Power Minister Piyush Goyal today said that his ministry's recent announcement to give support to gas-based plants would benefit the region.  Mon, 30 Mar 2015 21:12:21 +0530 Sensex Gains 517 Points; Capital Goods Stocks Rise Healthy buying was observed in capital goods, banks, automobile, fast moving consumer goods, healthcare, metal and IT sectors. Mon, 30 Mar 2015 17:07:13 +0530 Telcos May Hike Mobile Rates to Recover Spectrum Cost: Moody's Mon, 30 Mar 2015 16:27:53 +0530 From Apr 1,Platform Ticket to Cost Rs 10,Freight Rates to Rise Mon, 30 Mar 2015 15:49:35 +0530 Rail Freight on Grains, Coal, Cement to Increase From Apr 1 Railways has set an ambitious target of carrying 1,186 million tons (MT) of goods in the 2015-16 fiscal as against 1,105 MT in the current fiscal. Mon, 30 Mar 2015 15:18:35 +0530 Taxes Worth Rs 598 Crore Not Realised by Meghalaya government: CAG CAG reports said that proper measures should have been adopted to check revenue loss in 2013-14 which would have been helpful to tide over the present financial crisis in the state. Mon, 30 Mar 2015 12:38:08 +0530 Focus Shifts to Cause of New York Apartment Explosion After 2 Bodies Found Authorities who are looking into the cause of the apartment explosion suspect that someone may have improperly tapped a gas line serving one of the buildings. Mon, 30 Mar 2015 12:04:01 +0530 Sensex Up 222 Pts in Early Trade on Bargain Buying Value-buying by funds in select bluechip stocks after recent losses following weekend gains on US markets, buoyed trading sentiments. Mon, 30 Mar 2015 10:15:43 +0530 Clipping Indian Central Bank's Wings is Bad Idea The campaign to clip RBI's wings started gathering momentum after the publication of a controversial 2013 report by an advisory body set up by the finance ministry. Mon, 30 Mar 2015 10:05:40 +0530 More Steps on Anvil to Boost FDI The government may liberalise rules for NRIs, manufacturing firms to attract more foreign players for investment Mon, 30 Mar 2015 06:00:00 +0530 India to be 3rd Largest Auto Market Globally Ford that has seen positive growth since NDA at Centre, says India will become the third largest automobile manufacturer globally by 2020. Mon, 30 Mar 2015 06:00:00 +0530 Women on Board Take 'Firm' Control Mon, 30 Mar 2015 06:00:00 +0530 Electronic Park to Spur Job Rush in the State Mon, 30 Mar 2015 06:00:00 +0530 Nerds of Agrima Infotech Taking Artificial Intelligence to Next Level Mon, 30 Mar 2015 06:00:00 +0530