Business News

Last updated: Sunday, May 24, 2015 8:28:03 PM

SpiceJet to hold flash sales on Saturday
New Delhi, May 22 (IANS) On the occasion of completing 10 years in operation, budget passenger carrier SpiceJet on Friday announced a 'Happy Birthday to Us' flash sale offering a 10 percent discount on select flights.

Friday, May 22, 2015 8:08:03 PM

Government performance, reforms can raise growth rate: CII
New Delhi, May 22 (IANS) Industry body Confederation of Indian Industry (CII) on Friday said the government's maiden year performance has exceeded its expectations and the recent reforms introduced by it have the potential to propel India's medium-term growth to 9-10 percent.

Friday, May 22, 2015 7:28:03 PM

HT Media, North Base Media launch Mediahack.in
New Delhi, May 22 (IANS) HT Media Ltd and North Base Media, an international investment firm, launched Mediahack.in, an innovative accelerator program aimed at fostering a new generation of digital media companies, an official statement said here on Friday.

Friday, May 22, 2015 7:12:17 PM

Sensex gains over 145 points; capital goods stocks up (Roundup)
Mumbai, May 22 (IANS) Healthy quarterly results by some of the blue chip companies coupled with a buying streak by the domestic investors led a benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), to gain 148 points or 0.53 percent during the trade session on Friday.

Friday, May 22, 2015 7:02:16 PM

Fwd: SBI to hold loan defaulter week May-end
Kolkata, May 22 (IANS) The country's largest commercial bank, State Bank of India (SBI) will be holding a resolution week for its genuine loan defaulters where they can arrive at an amicable solution with the bank, an official said.

Friday, May 22, 2015 6:42:15 PM

SBI to open representative offices in Brazil, Myanmar shortly
Kolkata, May 22 (IANS) Aiming to enhance its global footprint, India's largest commercial bank, State Bank of India is venturing into Brazil and Myanmar besides planning to enhance operations in the subcontinent, an official said here on Friday.

Friday, May 22, 2015 6:24:03 PM

Judicial process will settle retro tax matter: Jaitley
New Delhi, May 22 (IANS) Making it clear that the government did not believe in retrospective taxation, and had also taken action in the matter, Finance Minister Arun Jaitley on Friday said past cases will be decided by the judicial process, even as it will await suggestions from an expert panel.

Friday, May 22, 2015 4:44:03 PM

Odisha achieves record seafood exports growth
Bhubaneswar, May 22 (IANS) Encouraged by a record 26 percent growth in seafood exports to Rs.2,300 crore during 2014-15, the Odisha government has set an ambitious target to increase the exports of marine products to Rs.10,000 crore in the next three years.

Friday, May 22, 2015 4:36:08 PM

Punj Llyod suffers Rs.506 crore loss during 2014-15
Mumbai, May 22 (IANS) Diversified engineering, procurement and construction conglomerate Punj Lloyd on Friday reported a stand-alone net loss of Rs.506.66 crore for the fiscal ended March 31, 2015, from a net profit of Rs.7.81 crore in the previous fiscal year.

Friday, May 22, 2015 4:36:07 PM

Sensex provisionally closes over 145 points (Third Lead)
Mumbai, May 22 (IANS) Healthy quarterly results by some of the blue chip companies led a benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), to provisionally close over 145 points or 0.53 percent during the trade session on Friday.

Friday, May 22, 2015 3:52:19 PM

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