Business News

Last updated: Friday, May 22, 2015 11:40:03 PM

Spencer's Retail's loss widens to Rs.114 crore
Kolkata, May 21 (IANS) RP-Sanjiv Goenka Group-owned hypermarket chain Spencer's Retail on Thursday said its gross loss for 2014-15 widened to Rs. 114 crore from the previous loss of Rs. 111 crore during 2013-14 although the company registered a growth in its net revenues.

Thursday, May 21, 2015 7:36:19 PM

Uttarakhand to seek replicating Kochi Startup Village model
Kochi, May 21 (IANS) After Andhra Pradesh, Madhya Pradesh and Chhattisgarh, Uttarkhand has becomes the latest state deciding to replicate the now hugely-popular Kochi Startup Village.

Thursday, May 21, 2015 7:34:03 PM

Mercedes-Benz launches armoured vehicle S 600 Guard
New Delhi, May 21 (IANS) German luxury automobile manufacturer Mercedes-Benz on Thursday launched armoured vehicle 'S 600 Guard' with a price starting at Rs.8.9 crore onwards (ex-showroom Delhi).

Thursday, May 21, 2015 7:16:17 PM

SBI inks initial accord with Snapdeal for seller financing
Kolkata, May 21 (IANS) India's largest commercial bank State Bank of India (SBI) on Thursday inked an initial seller financing agreement with e-commerce portal Snapdeal.

Thursday, May 21, 2015 7:06:16 PM

'Only 6 percent of Indian mobile users over 50 years'
New Delhi, May 21 (IANS) Data from four Asian markets, released by the Telenor Group, indicates senior citizens are not fully receiving the benefits of mobile internet, while out of the total mobile phone users in India, only 6 percent are over 50 years of age.

Thursday, May 21, 2015 7:02:16 PM

SBI, PayPal join hands to ease cross-border transactions
Kolkata, May 21 (IANS) India's largest commercial bank, State Bank of India (SBI), on Thursday signed an initial agreement with online-payments facilitator, PayPal, to ease and promote cross-border trade and payments for customers of both the organisations in India and abroad.

Thursday, May 21, 2015 6:58:03 PM

AirAsia India starts flights from New Delhi
New Delhi, May 21 (IANS) Budget passenger carrier AirAsia India on Thursday commenced commercial operations from New Delhi to Goa, Bengaluru and Guwahati.

Thursday, May 21, 2015 6:54:03 PM

Reliance-BP give up two more KG Basin blocks
Mumbai, May 21 (IANS) Operators of KG-D6 oil and gas blocks in the Bay of Bengal, Reliance Industries (RIL) and its British partner BP have surrendered two more blocks, reducing their specific assets to four exploration acreages from the original 21.

Thursday, May 21, 2015 6:28:03 PM

Only new mobile towers can reduce call drops: Prasad
New Delhi, May 21 (IANS) Call drops will continue to happen unless new mobile towers are allowed to come up, Communications and IT Minister Ravi Shankar Prasad has said.

Thursday, May 21, 2015 6:16:14 PM

Mahindra to acquire 33 percent stake in Mitsubishi Agricultural Machinery
New Delhi, May 21 (IANS) India-based conglomerate Mahindra and Mahindra (M&M) on Thursday said it will acquire 33 percent voting stake in Mitsubishi Heavy Industries's subsidiary -- Mitsubishi Agricultural Machinery (MAM).

Thursday, May 21, 2015 6:10:03 PM

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