1 January 2014

NEW DELHI: Rejecting the contention of private power distributors, the Delhi government on Wednesday ordered a CAG audit of their finances, fulfilling yet another election promise of the Aam Aadmi Party.

31, December 2013

NEW DELHI: A day after FIPB cleared Vodafone plc buying out minority stakeholders for Rs 10,141 crore in its India arm, Vodafone India's Non Executive Chairman Analjit Singhtoday said payments being made to him were consistent with agreement he had signed with the British telecom giant.

22 December 2013

HYDERABAD: Food and beverage giant PepsiCo on Saturday announced setting up of its largest beverage plant in the country at Sri City straddling Chittoor and Nellore districts. 

19, December 2013

BANGALORE: Canara Bank today said it has received licence from the US regulators to open a branch in New York, as it seeks to expand its global presence.

12, December 2013

DUBAI: Doha Bank has been granted licence to commence banking operations in India and has been permitted to open a branch in Mumbai to provide full-scale banking services, Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of Doha Bank's Board of Directors has said.

10 December 2013

BANGALORE: IT firm Tech Mahindra today announced the launch of its Global Center of Excellence with Hewlett Packard to focus on IT Application and Infrastructure Performance Management here.

28, November 2013

NEW DELHI: After Facebook, Google has jumped on the bandwagon of polls in India, the world's biggest democracy, by setting up an election portal that gives all polls and politics related news to users in India.

25, November 2013

MUMBAI: Stocks of oil marketing firms on Monday surged as much as 7 per cent after Brent crude prices fell following a historic nuclear deal between Iran and world powers.

AHMEDABAD, NOV 12:  

Retired bureaucrat Krishna Mohan Sahni, an IAS officer of the 1969 batch, has been appointed the new Chairman of National Multi-Commodity Exchange of India Ltd.

His appointment has been approved by the Forward Markets Commission, the Ahmedabad-based NMCE said in a statement here on Tuesday.

8 November 2013

NEW DELHI: Fair trade watchdog Competition Commission would take a final view on the Rs 2,058 crore Jet- Etihad deal only after holding further discussions with all stakeholders, including Jet's prime competitor Air India.

6 November 2013

State Bank of India has hiked its lending rates, including the base rate and prime lending rates, by 20 basis points (bps).

This hike will also have an impact on other retail loans such as home loans and auto loans of the bank.

MUMBAI, NOV 6:  

LIC Housing Finance Ltd has appointed Sunita Sharma as Managing Director and CEO with effect from November 5, 2013.

4 November 2013

BEIJING: US software giant Microsoft has developed a new cost-effective sign language translator that converts signs into spoken and written language - and vice versa.

2 November 2013

Piramal Enterprises Ltd. (formerly Piramal Healthcare Ltd.) has acquired over-the-counter (OTC) brand Caladryl in India from Valeant Pharmaceuticals International, Inc. for an unspecified amount.

29 October 2013

NEW DELHI: Railway Minister Malikarjun Kharge has said India's high-speed rail plans should be guided by what the existing infrastructure can support and not by availability of new technology that may be offered at low cost.