COMPANIES

  • SEBI cancels Sahara's portfolio management licence Yesterday

    Mumbai: The Securities and Exchange Board of India (SEBI) said it has cancelled the portfolio management licence held by Sahara Asset Management Company Pvt Ltd, saying the firm did not comply with its "fit and proper" norms. Financial firms must meet regulators' "fit and proper" criteria to operate in India. The asset...
  • Car technology troublesome but important to buyers 3 days ago

    Detroit: Connecting a mobile phone and giving voice commands are still causing drivers problems, but new technology features will be highly desirable to buyers when they make their next new vehicle purchase, according to a study of auto dependability released on Wednesday. Looks and exterior design are still the top reasons...
  • Coal block auctions in India see aggressive bidding February 19, 2015

    New Delhi: Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines as they look to cut imports and their dependence on inefficient government monopoly Coal India Ltd (COAL.NS). The auction follows a court cancellation of all previous licences and the initial...
  • AAP funding row: How shell companies work, explains Financial Journalist February 3, 2015

    Speaking to CNN-IBN, Financial Journalist Amit Goel on Tuesday said that shell companies exist only on paper and have fictitious address. The BJP and Congress have sought to corner the Aam Aadmi Party (AAP) over the alleged dubious donations and demanded a probe into it. ...
  • 'Korma, Kheer and Kismet' is a gastronomic memoir of a food-obsessed journalist January 28, 2015

    New Delhi: When Scottish journalist Pamela Timms came to India in 2005 with her husband and her three children it was meant to be a short trip for her. But they settled down in Delhi, where her husband is now the South Asia editor of London's Telegraph newspaper. Desperately seeking a...
  • Minority shareholders voting on Gujarat plant in 6 months: Maruti January 27, 2015

    New Delhi: Maruti Suzuki India expects to obtain minority shareholders approval on its plans to let parent Suzuki Motor Corporation own and invest in its upcoming plant in Gujarat in the next six months. The company, which had delayed seeking the approval for the same, is awaiting the amendments to...
  • IT sector employees earn highest salary of Rs 341.8/hour: Report January 20, 2015

    New Delhi: With a median gross salary of Rs 341.8 per hour, the IT sector in India has emerged as the most lucrative sector in India, followed by finance where employees get Rs 291 per hour, a report says. According to leading online career and recruitment solutions provider, Monster India, those...
  • 8 Indian companies in Fortune 500 spend $81 million a year on CSR: report January 18, 2015

    New Delhi: As many as eight Indian companies in Fortune Global 500 list including Reliance Industries and ONGC spend as much as $81 million a year on Corporate Social Responsibility (CSR) activities, a report says. According to a report published by the Varkey Foundation in partnership with UNESCO, while, the eight...
  • Google in talks to buy mobile-payments company Softcard: Report January 17, 2015

    Bengaluru: Google is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter. The deal could help pair Google with the largest US wireless carriers to battle Apple and its new Apple Pay service, TechCrunch wrote. The deal may be valued below...
  • US slaps sanctions against Dawood Ibrahim's brother January 17, 2015

    Washington: The US on Friday slapped sanctions against two Indians, including a brother of underworld don Dawood Ibrahim, and a Pakistan-based paper company for their ties with D Company. Designation of two long-time members of D Company, Shaikh Anis Ibrahim Kaskar (Anis Ibrahim), the brother of Dawood Ibrahim, and Aziz...
  • CSR mushrooming the minds of Indian youngsters January 16, 2015

    Corporate Social Responsibility in India is now a robust and thriving sector and has definitely touched a new high, in the wake of the recent law implemented for Indian corporates as well as foreign investors. The roots of CSR lie in philanthropic activities, which encompass a long list of activities...
  • Over 1,200 Japanese firms in India, grow 13 per cent in year January 11, 2015

    New Delhi: The number of Japanese companies registered in India increased 13 per cent by 137 and totalled 1,209 as in October last year as compared to 1,072 in October 2013, the Japanese embassy said Sunday. "The total number of Japanese business establishments in India is 3,961 with an increase of...
  • 'Tiger Fire' speaks to all animal lovers January 10, 2015

    A book on tigers and their history and more so five hundred years of the tiger in India is a treat for readers from the word, "Go"! This book is wonderfully contributed by various writers and brilliantly edited by Valmik Thapar, the tiger expert. "Tiger Fire" charts the history of...
  • 'The Prince of Gujarat' is a lazy weekend read January 10, 2015

    The Prince of Gujarat is a one of a kind book. It is a story of a prince who was a part of India's struggle for independence. It is a story of times when princes and kings did not want to let go of their kingdoms and Gopaldas Patel did...
  • 'Becoming a Mountain' is a must read for those who want to look for calm and peace of mind January 10, 2015

    I have always been wary of reading travelogues. I somehow feel that the author may not be able to capture the scenic beauty or the imagery of the place through a book. I honestly believe that one needs to experience it for oneself. Travelogues also have this strange element that...
  • Delhi High Court dismisses PIL against Aamir Khan's 'PK', says it isn't offensive January 7, 2015

    New Delhi: The Delhi High Court Wednesday dismissed a PIL filed against Raj Kumar Hirani directed and Aamir Khan starrer film 'PK', saying "the film was not offensive". A division bench of Chief Justice G. Rohini and Justice R.S. Endlaw refused to entertain the plea which sought ban on the film...
  • US based brewing company sells beer named after Mahatma Gandhi, Indo-Americans upset January 6, 2015

    New Delhi: Upset Indo-Americans have urged Woodbridge (Connecticut, USA) based New England Brewing Company to immediately withdraw its "Gandhi" beer, calling it highly inappropriate. Indo-American statesman Rajan Zed, in a statement in Nevada (USA), said that peace icon Mahatma Gandhi abhorred drinking. Selling beer named after him was highly damaging to...
  • Poonam Pandey: I don't need to do anything controversial now; I've achieved whatever I wanted through controversies December 31, 2014

    Hyderabad: Model-turned-actress Poonam Pandey who made her debut in the Bollywood movie 'Nasha', said here today that she achieved whatever she wanted through earlier controversies. "At one point, I preferred controversy. After getting so much of work, I don't need to do anything controversial now. I achieved whatever I wanted through...
  • Any film worth a debate is a good film: Boman Irani on 'PK' controversy December 29, 2014

    Mumbai: Reacting to the controversies surrounding Rajkumar Hirani's latest release 'PK', actor Boman Irani says people need to respect the viewpoint of the makers. "People may agree and may even disagree but then they have to respect it (the concept of 'PK') because we are also respecting their view," Boman, who...
  • Ceo of Life: In conversation with Siddharth Roy Kapur December 27, 2014

    How to be successful in business? How 'age' is just a number in terms of success? How can one inspire and set examples for others to emulate? Expect to find the answers on CEO if on CNN-IBN's upcoming series 'CEO of Life'. CNN-IBN's Business Editor Karma Paljor speaks to Walt...
  • Aamir Khan's 'PK' crosses Rs 50 crore in two days December 22, 2014

    New Delhi: Aamir Khan-starrer 'PK' has minted over Rs.50 crore in two days in the domestic market, and trade experts expect it do "steady" business in coming days. Directed by Rajkumar Hirani and produced by Vidhu Vinod Chopra, the film released Friday. Girish Johar, who is aware of the economics of the...
  • Ankit Tiwari on singing 'Dil darbadar' for 'PK': Melody requires a lot of hard work December 21, 2014

    Vadodara: Noted playback singer Ankit Tiwari says melody is his strength and a lot of hard work is required to croon melodious numbers. "Melody is my strength and it requires a lot of hard work, proper training and guidance for singing such songs," the 27-year-old playback singer and music director told...
  • Hollywood trade group, MPAA, calls Sony cyberattack 'despicable, criminal act' December 20, 2014

    Los Angeles: Former Senator Chris Dodd, now the leader the Motion Picture Association of America on Friday called the cyberattack on Sony Pictures a "despicable, criminal act," in what is believed to be the first statement from major Hollywood studios on the hack. The U.S. government has concluded that North Korea...
  • Outlook business catalist 2014: Showcasing power of social enterprises December 14, 2014

    Outlook business catalist 2014 applauds people who have transformed India with good business. ...
  • Indian companies ink pact to buy $2.1 billion diamonds from Russia December 11, 2014

    New Delhi: Twelve Indian companies will buy diamonds worth US dollar 2.1 billion in the next three years directly from Russian diamond mining giant ALROSA. These companies have signed three-year contracts with ALROSA during the ongoing World Diamond Conference being inaugurated by Prime Minister Narendra Modi...
  • Chennai cab operators told to do background check on all drivers December 11, 2014

    Chennai police have also begun a verification process of taxi operators and have asked cab companies to maintain a database of drivers and to conduct background checks. ...
  • Lata Mangeshkar proud of collaborating with sister Asha Bhosle after 30 years December 10, 2014

    Mumbai: Melody queen Lata Mangeshkar is looking forward to the audiences' reaction to her new album 'Mein Hawaa', in which she has collaborated with her sister Asha Bhosle after three decades. Lata is producing 'Mein Hawaa' under her label LM Music. Asha and Shaan have sung for the album, which marks...
  • Bengaluru: Competitive pricing makes cheaper cabs available but safety remains at bay December 10, 2014

    Bengaluru: The Uber rape case in Delhi has brought taxi services across India under the scanner. The price war between taxi companies is leading many customers to ask if a cheaper service means compromising on safety. While there is a fare war in Bengaluru leading to cheap rates available for...
  • Excise duty on petrol, diesel raised; no impact on prices December 2, 2014

    New Delhi: The government on Tuesday raised excise duty on petrol and diesel by Rs 2.25 and Rs 1 a litre respectively, but consumers will be spared of price hike. The move, which comes amid declining prices of crude oil in the international market, will boost government revenue and help it...