Business News

Last updated: Thursday, July 24, 2014 11:04:04 PM

Cabinet okays 49 percent FDI in insurance
New Delhi, July 24 (IANS) The union cabinet Thursday approved a proposal to increase foreign direct investment (FDI) limit in the insurance sector to 49 percent from the current 26 percent.

Thursday, July 24, 2014 2:42:16 PM

Needed: More safety features in cars
New Delhi, July 24 (IANS) Preventing cars from turning into coffins need enhances safety features like alarms or IT based devices that warn about lethal levels of toxic gases like carbon monoxide (CO) and sparking in the engines that could reduce the vehicle into ash within minutes, auto industry experts said.

Thursday, July 24, 2014 12:58:04 PM

For Emirates, Kerala leads rest of India in flights
Thiruvananthapuram, July 24 (IANS) With the latest bilaterals now in force, Emirates is operating 37 flights every week into Kerala, the highest among all states in the country, said a top airline official.

Thursday, July 24, 2014 12:44:05 PM

Sensex trades flat; capital goods stocks dip
Mumbai, July 24 (IANS) A benchmark index of Indian equities markets Thursday was trading flat at 22.07 points or 0.08 percent down as capital goods stocks dipped.

Thursday, July 24, 2014 9:56:12 AM

BMW rolls out ActiveHybrid 7 sedan
New Delhi, July 23 (IANS) Luxury automobile manufacturer BMW Wednesday launched ActiveHybrid 7 sedan priced at Rs.1.35 crore (ex-showroom Delhi).

Wednesday, July 23, 2014 9:38:04 PM

'Gujarat model may help India jump 50 spots in ease of doing business'
New Delhi, July 23 (IANS) India, which is current placed 134th in the World Bank's ease of doing business report, would jump 50 spots by implementing the Gujarat model of reforms, World Bank group president Jim Yong Kim said Wednesday.

Wednesday, July 23, 2014 9:12:08 PM

Cairn India Q1 net drops 65 percent on depreciation method change
Mumbai, July 23 (IANS) Oil and gas major Cairn India Wednesday reported a fall of 65 percent in consolidated net profit at Rs.1,092.9 crore in the first quarter ended June compared to Rs.3,127.23 crore in the same quarter of the fiscal, attributed to a change in the depreciation method from a straight-line to unit of production method, as well as weak operational performance.

Wednesday, July 23, 2014 7:56:19 PM

Government says no gas from KG-D6 going to Bangladesh
New Delhi, July 23 (IANS) No gas from Reliance Industries (RIL) consortium's KG-D6 block in the eastern offshore is being supplied to Bangladesh, the government said Wednesday.

Wednesday, July 23, 2014 7:08:04 PM

Sensex gains 122 points, Nifty hits new record high (Roundup)
Mumbai, July 23 (IANS) A benchmark index of Indian equities markets Wednesday closed 121.53 points or 0.47 percent up as information technology (IT) stocks surged.

Wednesday, July 23, 2014 6:44:04 PM

Jet Airways devises new plan to turn profitable
New Delhi, July 23 (IANS) Jet Airways Wednesday said it has initiated a new plan to focus on the domestic sector to turn its financial position around in the next three years.

Wednesday, July 23, 2014 6:28:03 PM

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