Business News

Last updated: Thursday, May 28, 2015 7:22:16 PM

Banks cut interest rates on some home loans
Mumbai, Dec 15 (IANS) State-run commercial banks Monday cut interest rates on home loans up to Rs.2 million (Rs.20 lakh/$40,000), with several other benefits like nil processing fee and free life insurance.

Monday, December 15, 2008 1:01:26 PM

Bangalore hotels won't be rocking this New Year eve
Bangalore, Dec 15 (IANS) Every year, India's silicon valley looks forward to New Year eve partying as hotels organise big bashes and police relax time restrictions for liquor outlets.

Monday, December 15, 2008 12:12:00 PM

Markets open higher, continue rally
Mumbai, Dec 15 (IANS) Indian equities markets, on an upswing since last week, continued the good show Monday with a key index of the Indian stock market opening 2.12 percent higher than its previous close.

Monday, December 15, 2008 11:12:36 AM

Indian IT industry caught in unpredictable times: Ramadorai
Bangalore, Dec 14 (IANS) The global meltdown has plunged the Indian IT industry into unpredictable times and a period of uncertainty looms large, according to a top executive at software major Tata Consultancy Services (TCS).

Sunday, December 14, 2008 6:55:28 PM

Mohali industrial units languishing under long power cuts
Mohali (Punjab), Dec 14 (IANS) Besides grappling with the global economic meltdown that has crippled industries all across the world, industrial units in Punjab's Mohali district have also to cope with one more crisis - prolonged power cuts.

Sunday, December 14, 2008 4:48:43 PM

Eminent engineers receive awards at Engineering Congress
Hyderabad, Dec 14 (IANS) The Institution of Engineers India (IEI) presented 200 awards and certificates under various disciplines to engineers for their outstanding academic and professional excellence at the 23rd Indian Engineering Congress, which concluded Sunday at Warangal.

Sunday, December 14, 2008 3:50:07 PM

Snowberry foraying into Indian market with $50 mn investment
New Delhi, Dec 14 (IANS) Unperturbed by the economic slowdown, the US-based ice cream maker Snowberry USA Inc is entering the $200-million Indian ice cream market with a planned investment of $50 million, a top official has said.

Sunday, December 14, 2008 3:19:05 PM

Industry wants 49 percent foreign investment in defence sector
New Delhi, Dec 14 (IANS) Industry body Associated Chambers of Commerce and Industry (Assocham) has called for a hike in existing foreign direct investment (FDI) ceiling for defence from 26 percent to 49 percent.

Sunday, December 14, 2008 2:38:08 PM

India Inc. against sectoral tariff negotiations: Ficci
New Delhi, Dec 14 (IANS) Indian industry is strongly against any mandatory sectoral tariff initiatives in non-agricultural market access (NAMA) negotiations at the World Trade Organisation (WTO), according to a leading industry lobby.

Sunday, December 14, 2008 2:25:13 PM

Kerala's first Malayalam portal stops operations
Thiruvananthapuram, Dec 14 (IANS) The first Malayalam portal from Kerala, malayalam.webduniya.com, has decided to stop operations amid rising concerns of economic crisis spreading into the media industry in the country.

Sunday, December 14, 2008 2:18:52 PM

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