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Wed, 08 Jul 2015 07:39:07 +0530 Wed, 08 Jul 2015 06:33:45 +0530 News State Bank to Rein in Bad Loans with New System Wed, 08 Jul 2015 06:33:42 +0530 Madurai, Kovai off TigerAir's Radar, For now Wed, 08 Jul 2015 06:33:34 +0530 HDFC Life Plans to sell 2L Cancer Care policies Wed, 08 Jul 2015 06:33:26 +0530 No 'Spirits' in Mallya's Breweries Biz Wed, 08 Jul 2015 06:33:17 +0530 Gamesa Revives Solar Biz with Rs 800 cr Plan Wed, 08 Jul 2015 06:33:05 +0530 Government Asks Operators to Resolve Call Drops Issue; Spl Audit On Wed, 08 Jul 2015 06:32:58 +0530 Sahara Needs Rs 36k cr, Finds Takers for 140 acre for Rs 110cr Wed, 08 Jul 2015 06:32:37 +0530 8th Standard Kid tricks RBI Governor; Video Goes Viral RBI governor, Raghuram Rajan who is known for his policy making strategies and economic predictions appreciated a student of 8th standard for asking a brilliant question. Wed, 08 Jul 2015 06:18:20 +0530 India Inc to Witness Another Forgettable Quarter: CRISIL Research In an analysis of 600 companies representing 70 percent of the overall market capitalization, only a three percent uptick in revenue growth. Tue, 07 Jul 2015 22:59:45 +0530 Oil Sinks Again, U.S. Crude Down 2 Percent Amid Investor Flight Iran's determination to seal a nuclear deal with global powers to bring more of its crude to an oversupplied market and the restart of a key oil terminal in Libya also weighed on oil prices. Tue, 07 Jul 2015 22:15:34 +0530 Renault Sales Edge Higher on European Market Rebound Renault's global registrations rose to 1.386 million light vehicles in the six months ended June 30 from 1.367 million a year earlier. Tue, 07 Jul 2015 22:13:07 +0530 Odisha to Implement Food Security Act by September Digitization of 104.25 lakh applications has been completed so far, the Minister said, adding that the final priority list of eligible beneficiaries will be made available in public domain by August 31.  Tue, 07 Jul 2015 19:17:13 +0530 Crop Contingency Plans to Tackle Rain Failure: Minister Monsoon rains are crucial as 55 percent of cultivable land in the country still doesn't come under irrigation. Tue, 07 Jul 2015 19:15:14 +0530 MyGov Makers Keen to Introduce App in Indian Languages The makers are also creating a "survey software" for engaging all tiers of the government, from panchayat to the top-level, on suggestions and comments. Tue, 07 Jul 2015 19:14:02 +0530 India Emerges Third Highest Steel Producer Major private steel companies have also signed a memorandum of understanding with the steel ministry for SRTMI. Tue, 07 Jul 2015 19:12:44 +0530 India to Roll Out $20 Billion Food Welfare Plan by December The previous Congress-led government approved the National Food Security Act (NFSA) in August 2013. Tue, 07 Jul 2015 19:10:49 +0530 Wi-fi Hotspots in Tamil Nadu Identified BSNL will be providing free Wi-Fi services for 30 minutes per 24 hrs--three times in a month for the same number which visitors can utilise in multiple sessions. Tue, 07 Jul 2015 17:54:15 +0530 ICICI Bank aims to double m-banking userbase to 1 cr by Mar The bank is adding five lakh digital banking customers per month at present, and mobile accounts for three lakh of those. Tue, 07 Jul 2015 17:51:46 +0530 BSNL to Ask Government to Allow MNP in North East BSNL will pursue the Telecom Ministry to allow Mobile Number Portability (MNP) in the north eastern region, a senior company official today said. Tue, 07 Jul 2015 17:48:35 +0530 IRB Infrastructure Bags Rs 2,650 Crore Contract from NHA IRB's construction order book now stands at Rs 10,770 crore, to be executed in the next three to four years. Tue, 07 Jul 2015 17:43:55 +0530 Sensex Closes Flat, 37 Points in Red The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) provisionally closed flat -- some 37 points or 0.13 percent down in the day's trade. Tue, 07 Jul 2015 17:00:44 +0530 WHO Calls for Higher Taxes on Tobacco The UN agency says many countries have either very low or no special taxes on tobacco and products derived from it. Tue, 07 Jul 2015 16:58:09 +0530 Arun Sarin Joins Ola's Board as Independent Director Sarin, with over 30 years of management experience, will contribute in an advisory role to Ola's overall business strategy to drive its further growth. Tue, 07 Jul 2015 15:24:27 +0530 US Insists on Need for Compromise Between Greece, Creditors Before the referendum, Obama was in talks with German Chancellor and Italian PM, while US Treasury Secretary spoke with Greek PM and Managing Director of the IMF. Tue, 07 Jul 2015 15:23:23 +0530 US, French Presidents Discuss Greek Crisis on Phone Both leaders said their teams were in close contact and were monitoring economic developments in Greece as well as broader financial markets. Tue, 07 Jul 2015 15:20:21 +0530 Top 10 World Famous Universities for Students to do MBA There are few universities that have the greatest capacity of producing the next global business leaders. Tue, 07 Jul 2015 15:16:27 +0530 Sensex Up 60 Points in Afternoon Session The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading at 17.65 points or 0.21 percent up at 8,539.80 points. Tue, 07 Jul 2015 14:51:41 +0530 Sensex Up 60 Points in Afternoon Session The wider 50-scrip Nifty of the National Stock Exchange was also trading at 17.65 points or 0.21 percent up at 8,539.80 points. Tue, 07 Jul 2015 13:18:02 +0530 Dip in Borrowing Cost to Boost House Purchases in 2015: Survey Declining borrowing costs, improving employment outlook and availability of affordable housing projects are encouraging prospective home buyers to purchase new properties in 2015, a survey has said. Tue, 07 Jul 2015 12:03:12 +0530 Nestle Pays Ambuja Cements Rs 20 Crore to Destroy Maggi Packets Tue, 07 Jul 2015 11:59:11 +0530 Greece's Oxford-educated New Finance Minister Euclid Tsakalotos wants Greece to stay in the eurozone, writes Mehreen Khan in London Tue, 07 Jul 2015 10:31:47 +0530 Sensex Up 58 Points in Morning Trade A benchmark index of Indian equities markets, the 30-scrip Sensitive Index was trading at 57.70 points or 0.20 percent up during the morning session. Tue, 07 Jul 2015 09:44:46 +0530 Rupee Extends Gains, Up 8 Paise Against Dollar Rising for the sixth straight day, the rupee strengthened by 8 paise to 63.32 against the dollar in early trade at Interbank Foreign Exchange on sustained selling of the American currency by exporters and banks. Tue, 07 Jul 2015 09:36:21 +0530 RBI Launches New Rs 100 Currency Notes The Reserve Bank of India has issued Rs 100 denomination currency notes with a new numbering pattern. Tue, 07 Jul 2015 06:01:56 +0530 60% Growth in Trade on NCDEX Platform in June Tue, 07 Jul 2015 05:52:48 +0530 Uber's $50 mn Hyderabad Office in Drawing Room Tue, 07 Jul 2015 05:52:42 +0530 Disclosures to Get Immunity Under FEMA, Other Acts Tue, 07 Jul 2015 05:52:37 +0530 Earnings in June Quarter Forecast to Decline Tue, 07 Jul 2015 05:52:33 +0530 'Provisioning, Low Growth Hit Banks' Profit' Tue, 07 Jul 2015 05:52:27 +0530 Concern Over Possible Flight of Capital from India Tue, 07 Jul 2015 05:52:21 +0530 Bourses Hold Firm Amid Negative Sentiment Tue, 07 Jul 2015 05:52:14 +0530 'We're Well Insulated, but Re May Be Hit' Chief Economic Advisor sees a long and prolonged crisis, volatile financial markets Tue, 07 Jul 2015 05:52:08 +0530 Wall Street Off Session Lows as Greece Aid Deal Optimism Grows U.S. stocks opened more than half a percent lower, but pared some of those losses, even turning positive briefly, after the International Monetary Fund said it is ready to assist Greece if asked. Tue, 07 Jul 2015 00:07:30 +0530 Large Companies in Greece Offer Salaries in Cash During Bank Shutdown Capital controls have started taking a toll on Greek households' budgets and choking off the normal flow of operations for many businesses. Tue, 07 Jul 2015 00:03:50 +0530 Technip to Cut 6,000 Jobs in Face of Industry Downturn French oil industry engineering and construction group Technip will cut 6,000 jobs and book a 650 million euro restructuring charge. Mon, 06 Jul 2015 23:18:14 +0530 Black Money: Disclosers to Get Immunity Under FEMA, PMLA An unofficial estimate of illegal money stashed overseas puts it somewhere between $466 billion and $1.4 trillion. Mon, 06 Jul 2015 21:40:03 +0530 Greece Will Continue Talks With Creditors, Tsipras tells Putin Greek Prime Minister has assured Russian President Vladimir Putin that Athens will continue the dialogue with its creditors Mon, 06 Jul 2015 21:13:32 +0530 Videocon Tele Offers 750 MB Free Mobile Internet Mon, 06 Jul 2015 18:21:38 +0530 Telephone Connections in India Cross 1 Billion: Prasad Mon, 06 Jul 2015 18:07:32 +0530 Philips Gets Demerger Nod Amid Small Shareholders' Opposition Mon, 06 Jul 2015 17:04:35 +0530 Sensex Ends Day 116 Pts Higher, Nifty Reclaims 8,500-mark Brokers said sentiment got a big push after Reserve Bank Governor Raghuram Rajan's comments last week that India's exposure to Greece is limited. Mon, 06 Jul 2015 17:01:29 +0530 Uber to Invest $50mn in Hyderabad; Set Up Biggest Global Office The company recently expanded its services to seven Indian cities, making it the largest geographical market outside the US. Mon, 06 Jul 2015 16:21:43 +0530 Spain Ready to Talk About Third Greek Bailout Spanish Economy Minister Luis de Guindos said his government is ready to talk about a third Greek bailout. Mon, 06 Jul 2015 16:20:15 +0530 A Month into Maggi Fiasco, Instant Noodles Sales Crash 90% Around 1,500 workers of Nestle India involved in manufacturing of Maggi have been impacted by the stoppage of production. Mon, 06 Jul 2015 16:18:36 +0530 Hiring Activity Up in Media, Entertainment Sector: TimesJobs Wider acceptability and use of internet-based apps have also resulted in a rise in demand for social media professionals. Mon, 06 Jul 2015 15:17:54 +0530 BookMyCab Gets Licence From Delhi Government BookMyCab is already licensed by the government of Maharashtra to provide booking of cabs over phone and portal. Mon, 06 Jul 2015 14:49:08 +0530 Most Markets Drop After Greek Results, But China Rises Wall Street looked likely to have a rough start after the Independence Day weekend, with both Dow and S&P futures down 1.0 percent. Mon, 06 Jul 2015 14:46:28 +0530 Honda Chief: Product Development Needs More Time for Quality Honda's profit for the fiscal year ended in March dipped nearly 9 percent, offsetting the boost from a cheap yen and healthy vehicle sales. Mon, 06 Jul 2015 14:39:18 +0530 SpiceJet Lowers Fares in Limited Period Offer Tickets for this sale can be booked through the SpiceJet website, online travel portals and travel agents. Mon, 06 Jul 2015 14:24:42 +0530 Greek Finance Minister Quits After 'No' Vote in Referendum Finance Minister Yanis Varoufakis said the Greek citizens' historic rejection of the Eurogroup’s June 25 ultimatum comes with a large price tag attached. Mon, 06 Jul 2015 14:21:33 +0530 Stock Markets Head for Biggest Daily Decline in Nearly a Month The 30-share BSE Sensex was down 0.4 percent after earlier falling as much as 1.1 percent and the 50-share Nifty was trading 0.3 percent lower. Mon, 06 Jul 2015 14:13:59 +0530 New Honda CEO Says No Plans to Help Air Bag Firm Takata Fund Global Recalls Hachigo's predecessor Takanobu Ito and other executives took a pay cut last October following a fifth recall of its Fit hybrid subcompact in a year, which had quality glitches unrelated to Takata-made inflators. Mon, 06 Jul 2015 13:14:27 +0530 Greek FM Varoufakis Resigns Greece's Finance Minister Yanis Varoufakis on Monday said he was resigning, in a shock  announcement despite the government having secured a resounding victory for the 'No' vote in the country's bailout resignation. Mon, 06 Jul 2015 11:30:55 +0530 Sensex Sheds 179 Points in Early Trade The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 58.25 points or 0.69 percent down at 8,426.65 points. Mon, 06 Jul 2015 09:40:39 +0530 Markets Weaker After Greeks Vote Against Austerity Measures The resounding 'no' vote threw the future of Greece's euro zone membership into further doubt and deepened a standoff with lenders. Mon, 06 Jul 2015 09:31:13 +0530 Eurozone in Tailspin After Greece Votes 'No' to Bailout Figures released by the Interior Ministry showed the final tally at 61.31 percent voting 'No' and 38.69 percent voting 'Yes'. Participation stood at 62.5 percent. Mon, 06 Jul 2015 08:10:22 +0530 Make Quick 'Possible' Proposals for Renegotiation: EU "The NO side has won the referendum with notable majority, we have to respect the vote of Greek people," European Parliament President Martin Schulz said in a statement, Xinhua reported. Mon, 06 Jul 2015 08:06:52 +0530 Greek 'No' to Spark Turmoil in Markets Last night's apparent "Big No" is set to ensure that Greece's creaking banking system will continue to be starved of liquidity. Mon, 06 Jul 2015 08:00:16 +0530 'NO' is 'YES' to Viable Debt Deal Says Tsipras In a bid to heal the wounds opened in recent days in Greek society which was divided between the NO and YES, the Greek leader made a plea for national unity to prevail as of Monday. Mon, 06 Jul 2015 07:42:11 +0530