Business News

Last updated: Tuesday, September 02, 2014 11:50:05 PM

Modi's Japan visit to strengthen business ties: Assocham
New Delhi, Sep 1 (IANS) Indian industry stakeholders anticipate Prime Minister Narendra Modi's Japan visit will strengthen bilateral ties and position India as a favourable trade destination.

Monday, September 01, 2014 6:02:15 PM

Sensex, Nifty touch record high (Roundup)
Mumbai, Sep 1 (IANS) A benchmark index of Indian equities markets hit a record high of 26,900.30 points Monday, surpassing its previous peak of 26,674.38 points scaled Aug 28. The index hit the record high before closing at 26,867.55 points.

Monday, September 01, 2014 6:02:14 PM

Kingfisher, Mallya wilful defaulters, says United Bank of India
Kolkata, Sep 1 (IANS) State-run United Bank of India (UBI) Monday declared the defunct Kingfisher Airlines, its promoter Vijaya Mallya and its three directors as wilful defaulters after they did not turn up for a meeting with its grievances redressal panel, an official said.

Monday, September 01, 2014 5:58:03 PM

Manoj Adlakha appointed American Express India business CEO
New Delhi, Sep 1 (IANS) Multinational financial services corporation American Express has appointed Manoj Adlakha as chief executive officer, American Express Banking Corp.(AEBC), India, a company statement said here Monday.

Monday, September 01, 2014 5:38:04 PM

Competition commission proving to be efficient regulator (Column: Active Voice)
Citizen control and takeover by companies is often pointed out as an Achilles' heel in any capitalist society. People with leftist leanings, too often criticize free markets, citing market failure and greed as fundamental reasons for radical activism or resort to force. Not only does this position appear weak as an argument, but also appears to us as being fundamentally flawed. The reason for that is markets in our opinion expand choices and promote economic liberty for citizens.

Monday, September 01, 2014 5:38:03 PM

Mahindra's August sales down 7 percent
Mumbai, Sep 1 (IANS) Automobile manufacturer Mahindra Monday reported a decline of seven percent in its sales during August at 35,175 units from 37,897 units during the same month of last year.

Monday, September 01, 2014 4:28:04 PM

Hyundai's August sales down 8 percent
Chennai, Sep 1 (IANS) Automobile manufacturer Hyundai Motor India Monday reported a fall of eight percent in its sales for August at 48,111 units from 52,319 units in the corresponding month of last year.

Monday, September 01, 2014 4:04:05 PM

Sensex, Nifty hit record high
Mumbai, Sep 1 (IANS) A benchmark index of Indian equities markets hit a record high of 26,888.13 points Monday, surpassing its previous peak of 26,674.38 points scaled Aug 28.

Monday, September 01, 2014 3:56:19 PM

Spicejet offers Rs.499 one-way fares
New Delhi, Sep 1 (IANS) Budget carrier SpiceJet Monday launched another promotional scheme by offering discounted one-way fares for domestic destinations at Rs.499, including fuel surcharge but excluding applicable statutory taxes and fees.

Monday, September 01, 2014 2:16:18 PM

Micromax topples Apple in Indian tablet market: IDC
New Delhi, Sep 1 (IANS) Micromax has overtaken Apple and reached the second position in the tablet market in India in the second quarter with 14 percent market-share, data released by the International Data Corporation (IDC) said Monday.

Monday, September 01, 2014 2:02:18 PM

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