Business News

Last updated: Tuesday, January 24, 2017 5:28:04 PM

High Ground Enterprises eyes four-fold rise in revenues
Mumbai, Jan 24 (IANS) Having grown at 80 per cent year-on-year in three years, infrastructure and consulting firm High Ground Enterprises has set its eyes on a four-fold rise in revenues in three years to top Rs 1,000 crore, the company said in a statement.

Tuesday, January 24, 2017 11:28:05 AM

Note ban impact on gold buying will wane after budget: World Gold Council
New Delhi, Jan 24 (IANS) India's demonetisation drive has impacted gold demand in the short term but buying is showing signs of revival and post the presentation of the national budget on February 1, the market will be back to normal, says the India chief of World Gold Council.

Tuesday, January 24, 2017 11:22:04 AM

Mistry replies on Tata Sons' 'counter-allegations'
Mumbai, Jan 23 (IANS) Tata Sons' ousted Chairman Cyrus Mistry on Monday replied to the National Company Law Tribunal (NCLT) on the "counter-allegations" made by the holding company of the industrial conglomerate.

Monday, January 23, 2017 11:50:06 PM

Software to comply with Indian labour laws unveiled
Bengaluru, Jan 23 (IANS) Product start-up firm Simpliance on Monday unveiled here an ERP-based software tool for compliance with the Indian labour laws by stakeholders.

Monday, January 23, 2017 11:50:05 PM

50% of BSE IPO subscribed on 1st day of offering
Mumbai, Jan 23 (IANS) Stock exchange major BSE's initial public offering (IPO) was subscribed by 50 per cent on the first day of the Rs 1,243.43 offering which started on Monday.

Monday, January 23, 2017 10:22:07 PM

Note ban boosts deposits, lowers bank loan growth: Report
New Delhi, Jan 23 (IANS) The recent demonetisation in India led to an immediate jump in current account and savings account (CASA) deposits, incremental lending saw a massive drop, while digital banking witnessed a major surge, a report said on Monday.

Monday, January 23, 2017 10:22:04 PM

Okinawa Autotech launches e-scooter Ridge
New Delhi, Jan 23 (IANS) Electric two-wheeler manufacturer Okinawa Scooters on Monday launched its first offering in the Indian market an e-scooter -- Ridge -- priced at Rs 43,702 (Ex-showroom, Delhi).

Monday, January 23, 2017 10:06:05 PM

Differential impact of demonetisation across ABS transactions: Ind-Ra
Mumbai, Jan 23 (IANS) Credit ratings agency India Ratings and Research (Ind-Ra) on Monday said it has observed differential impact of demonetisation across asset-backed securities (ABS) transactions.

Monday, January 23, 2017 9:32:05 PM

India against EU, Canada-proposed dispute settlement at WTO
New Delhi, Jan 23 (IANS) India has opposed an informal proposal by the EU and Canada for a global investment pact with an investor-to-state dispute settlement (ISDS) mechanism at the WTO by which corporates can take governments to international arbitration for resolution of disputes, Commerce Minister Nirmala Sitharaman said on Monday.

Monday, January 23, 2017 9:20:09 PM

EIH's Q3 net profit up 8.29%
Mumbai, Jan 23 (IANS) Hospitality major EIH on Monday reported a rise of 8.29 per cent in its stand alone net profit for the third quarter (Q3) of 2016-17.

Monday, January 23, 2017 9:20:06 PM

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