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Business News

Eric Haskell Recovering from the Rs 870 crore scam that hit the sports goods maker Reebok in 2012, it has restructured its business and repositioned the brand. This week, the sportswear brand kicked off a marketing campaign that debuts its new logo, as well as two new brand ambassadors in John Abraham and Nargis Fakhri.
Sat, 19 Apr 2014 17:26:07 +0530
Manish Vij On Web Check this week, we have Smile Vun Group's CEO Founder, Manish Vij, and he is recommending an app that he says will help you analyse data.
Sat, 19 Apr 2014 17:25:10 +0530
Checkout top news from Indian ad world Checkout the big news from Indian ad land
Sat, 19 Apr 2014 17:24:52 +0530
Satbir Singh On Must Follow, we have Havas Worldwide India's Satbir Singh, who's recommending whom you should follow on Twitter.
Sat, 19 Apr 2014 17:24:19 +0530
RIL to invest up to USD 700 mn in shale gas venture "We will invest USD 600-700 million in the shale gas venture. This figure has almost become into a yearly run rate now...we hope to open around 125 to 175 new wells during the year," RIL Chief Financial Officer Alok Agarwal told reporters here today.
Sat, 19 Apr 2014 12:47:44 +0530
Infosys' chief compliance officer quits; replacement named Country's second largest software services firm Infosys has appointed Parvatheesam Kanchinadam as its Chief Compliance Officer and Ombudsman to its whistleblower policy.
Sat, 19 Apr 2014 12:25:26 +0530
Bajaj Auto union firm on demands Meanwhile, Bajaj Auto said it has received a notice from its employee union for stoppage of work from April 28 at its Chakan plant.
Sat, 19 Apr 2014 12:20:38 +0530
Alstom bags Rs 2,500 crore contract from BHEL Under the contract, Alstom will cooperate with BHEL in designing boilers and supply identified pressure parts of the 660 MW supercritical boilers. It will also assist BHEL with technical advisors during the erection and commissioning of the units.
Fri, 18 Apr 2014 16:05:36 +0530
Glenmark pulls 2,900 bottles of ulcer drug in US Medicines produced in India, which supplies about 40 percent of generic and over-the-counter drugs sold in the United States, have come under increased scrutiny by the Food and Drug Administration over the past year.
Fri, 18 Apr 2014 14:32:28 +0530
Air India seeks bridge loan of $500 million The state-run airline is offering the aircraft as security and will repay the loan after it concludes a sale and lease- back arrangement, it said, adding there will be no government guarantee for the loan.
Fri, 18 Apr 2014 12:12:24 +0530
USIBC for lifting FDI caps in insurance, defence The group is dedicated to trade and business between India and the United States. The USIBC, in the past few years, have been seeking FDI in multi-brand retail sector.
Fri, 18 Apr 2014 12:06:17 +0530
MCX-SX extends rights issue till April 30 MCX-SX will be able to generate the necessary funds and rights issue is not the only way to infuse capital into the system.
Thu, 17 Apr 2014 22:23:19 +0530
CavinKare and Bharatiya Mahila Bank signs MoU As per the agreement, the all-women bank will provide a loan amount between 65 to 75 percent of the total project cost with 11.5 to 12.5 percent interest for Green Trends franchises, it added.
Thu, 17 Apr 2014 21:58:03 +0530
Level of NPAs, recast loans to rise to 15% in FY15: Fitch In its report focused on banking in emerging markets, Fitch said the "downside risks are greatest" in China and India. The agency said state-run banks will be the most affected.
Thu, 17 Apr 2014 21:47:15 +0530
700 trainees in Nokia Chennai plant opt for VRS Nokia, which is involved in tax disputes with both the Income Tax department and the state government, earlier this month announced the VRS, saying it was part of its regular review of its manufacturing strategy to optimise and ensure smooth and timely delivery of its products.
Thu, 17 Apr 2014 21:46:28 +0530
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Politics

Singhvi called the BJP "Bharat Jalao Party" and also accused the party of divisive politics and provoking "brother
BJP accused Rahul of being a "hypocrite" as he campaigned for Masood after denouncing his comment that he would cut Modi into pieces.
Taking a jibe at BJP leader Giriraj Singh's remarks that those opposing Narendra Modi will be sent to Pakistan, Congress leader Ahmed Patel said that such statements revealed the hidden agenda of the saffron party. "Giriraj's comments are not in favour of the nation," Patel added.
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India

A fierce encounter took place on Sunday between two rival ultra outfits near Phulwaria village in Palamu district bordering Bihar, police said. The encounter lasted for about three hours between Maoists and Trutiya Prastuti Committee cadres, according to a preliminary report, Dy SP Ajay Kumar said.
Trinamool Congress supremoMamata Banerjee on Sunday asserted that her party would not leavean inch to any opposition candidate in any seat, includingJangipur Lok Sabha constituency where President PranabMukherjee's son Abhijit is the Congress candidate.
Singhvi called the BJP "Bharat Jalao Party" and also accused the party of divisive politics and provoking "brother
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Tech

Slowing growth in the high-end smartphone market has been a source of consternation for manufacturers like Samsung and Apple amid intensifying competition from Chinese upstarts like Huawei and Lenovo.
Samsung wants to build its own ecosystem around Tizen to reduce its heavy reliance on Google's Android, which powers majority of the South Korean firm's mobile devices.
When the person steps in front of the mirror, a Microsoft Kinect's motion-capture camera tracks the movement of two dozen different joints, including the knees, elbows and wrists.
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