Business News

Last updated: Tuesday, July 29, 2014 2:06:16 PM

Wipro net up 30 percent in Q1, projects higher revenue for Q2
Bangalore, July 24 (IANS) India's third largest IT firm Wipro Ltd. posted net profit of Rs.2,118 crore (approx $352 mn) for 2014-15's first quarter (April-June), registering 30 percent growth year-on-year (YOY) under the Indian accounting standard, while projecting an average higher revenue of $1.8 billion from its global IT services business for the second quarter.

Thursday, July 24, 2014 9:42:12 PM

AirAsia India to fly to Jaipur and Chandigarh
New Delhi, July 24 (IANS) Budget passenger carrier AirAsia India Thursday said it will start its operations in North India from Sep 5 next with flights to Jaipur and Chandigarh.

Thursday, July 24, 2014 7:48:03 PM

Jet, Etihad Airways offer special passenger fare
New Delhi, July 24 (IANS) Domestic airline company Jet Airways and its Abu Dhabi-based partner Etihad Airways Thursday started a 72-hour joint special fare offer.

Thursday, July 24, 2014 7:38:09 PM

Government clears 19 FDI proposals of Rs.2,326.72 crore
New Delhi, July 24 (IANS) The government has approved 19 foreign direct investment proposals, including that of Walt Disney and Reckitt Benckiser (India), amounting Rs.2,326.72 crore.

Thursday, July 24, 2014 7:30:04 PM

AirAsia to connect Bangalore with Jaipur, Chandigarh for Rs.1,999
Chennai, July 24 (IANS) Low cost airline AirAsia (India) will connect Bangalore with Chandigarh and Jaipur this September for around Rs.1,999 and ticket bookings will open soon, a top company official said Thursday.

Thursday, July 24, 2014 7:24:08 PM

Sensex, Nifty touch new high (Roundup)
Mumbai, July 24 (IANS) A benchmark index of Indian equities markets Thursday hit a record high of 26,292.66 points, surpassing its highest peak of 26,190.44 points of July 8.

Thursday, July 24, 2014 7:20:05 PM

Twenty new Coal India projects await clearance
New Delhi, July 24 (IANS) Twenty new Coal India projects costing Rs.20 crore or more continue to remain on paper due to lack of land and environmental clearances, the government informed parliament Thursday.

Thursday, July 24, 2014 7:06:23 PM

India's reforms push hikes foreign equity cap in insurance (Roundup)
New Delhi, July 24 (IANS) In a major push to reforms, India Thursday decided to hike the foreign equity cap in insurance to 49 percent, in a move that can potentially push the penetration of this social security net from under 5 percent at present.

Thursday, July 24, 2014 7:04:03 PM

Taqa pullout won't affect debt-reducing efforts: Jaypee Group
Noida, July 24 (IANS) Infrastructure developer Jaypee Group Thursday said the withdrawal by Taqa India Power Ventures from an agreement to buy hydro-electric projects will not affect the group's resolve to reduce debt and unlock stakeholders value.

Thursday, July 24, 2014 6:38:05 PM

Industrial corridors will change North India: Kant
New Delhi, July 24 (IANS) The planned industrial corridors, including the $100-billion Delhi Mumbai Industrial Corridor (DMIC) project, will be the game changer for North India, secretary in the Department of Industrial Policy and Promotion (DIPP) Amitabh Kant said Thursday.

Thursday, July 24, 2014 6:36:18 PM

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