BUSINESS

  • Will look into complaints against Flipkart: Commerce Minister October 8, 2014

    New Delhi: After receiving "many complaints" from traders on Flipkart's massive discount sale, government on Wednesday said it will look into the concerns and take a call on whether more clarity is required on e-commerce retail business. Flipkart's 'Big Billion Day' sale on Monday, that offered steep discounts on various products,...
  • Sensex closes flat; healthcare stocks plunge October 8, 2014

    Mumbai: A day after it fell around 300 points on negative global cues, a benchmark index of Indian equities markets provisionally closed on Wednesday's trade flat down 25.18 points or 0.10 per cent as healthcare, information technology (IT) and technology, entertainment and media (TECK) stocks fell. However, healthy buying was observed...
  • IIPM not entitled to run BBA, MBA course, advertise itself as management school, B-School: Delhi HC September 28, 2014

    New Delhi: Indian Institute of Planning and Management (IIPM) and its Dean Arindam Chaudhuri have been restrained by the Delhi High Court from describing courses conducted by it as 'MBA, BBA, Management Course, Management School, Business School or B-School' as they are not recognised. The court also imposed a fine of...
  • Srinagar’s business hubs lie desolate after catastrophic floods September 27, 2014

    Srinagar: Even after three weeks of an unprecedented flood in the Kashmir Valley, summer capital Srinagar's once busiest markets and streets were deserted on Saturday. In the fashionable Residency Road and Lal Chowk markets, commuters, shoppers and shopkeepers used to curse the unending traffic jams in the city. Today, they are...
  • We need to be more realistic, says businessman on Modi's China remark September 21, 2014

    Reacting to the 'We need not to copy China, but reclaim our lost glory' remark on PM Modi in CNN world exclusive interview, businessman Mohandas Pal says China is way ahead of us and we can not ignore their model of growth. ...
  • Measurement and Metrology Group explores business potential in India September 21, 2014

    Singapore: Measurement & Metrology Group (M&M) is exploring business potential in India's education sector, offering a wide range of laboratory equipment technologies. "We are aiming to supply our products to labs in India's technical schools, having marketed these products in Southeast Asia and Africa," said Singaporebased M&M's business development manager...
  • Storyboard: What brand SRK means September 20, 2014

    On Storyboard this week, Bollywood actor Shahrukh Khan talks about the role endorsements have played in his stardom. ...
  • Exclusive: Walmart looking beyond multibrand retail September 20, 2014

    President & CEO, Walmart India says that the company is looking beyond multi brand retail and plans to open 50 cash and carry stores by 2020. ...
  • Employees generate ideas worth US $500 million, says HCL Tech September 14, 2014

    New Delhi: India's fourth largest IT firm HCL Technologies is now focussing on "ideapreneurship" to encourage employees to come up with innovative solutions to customers' business challenges. Under the initiative, the Noidabased firm has generated over 32,000 innovative ideas since 2008 to deliver approximately US $500 million of value to customers. "It...
  • Sensex falls over 72 points to close below 27,000 for the first time in nearly two weeks September 11, 2014

    Mumbai: Sensex on Thursday fell over 72 points to close below the 27,000 mark for the first time in nearly two weeks. Reversing the early trend, the benchmark BSE Sensex dipped below the 27,000mark by falling over 126 points earlier in the day, largely on emergence of profitbooking in bluechip stocks....
  • Rupee tumbles to biggest loss in a month, down 31 paisa vs US Dollar September 9, 2014

    Mumbai: Tumbling from sixweek highs, Indian rupee on Tuesday saw its biggest daily loss in over a month as it slumped 31 paise to end at 60.60 against dollar on concern US interest rates may rise sooner than investors had anticipated. Weakness in local equities and fresh dollar demand from...
  • India, Germany to cooperate in skill development, river cleaning September 8, 2014

    New Delhi: India and Germany on Monday agreed to prepare a roadmap for cooperation in skill development, solid waste management and cleaning of rivers as visiting Foreign Minister Frank Walter Steinmeier met Prime Minister Narendra Modi who described the two nations as "made for each other". During the meeting in New...
  • Gujarat delegation visit Canada to attract investors September 6, 2014

    New Delhi: Preparing to host Vibrant Gujarat Global Summit in 2015, a delegation of the state recently visited Canada to explore investment opportunities and encourage partnership in education and skill development. The threeday visit of the Vibrant Gujarat delegation, led by Gujarat Resident Commissioner Bharat Lal, also focused on promoting...
  • CAD narrows sharply to 1.7 pc in AprilJune quarter September 1, 2014

    New Delhi: India's Current Account Deficit narrowed sharply to 1.7 per cent of GDP in the AprilJune quarter of this fiscal mainly on account of reduction in trade deficit, and a steep decline in gold imports. "The lower CAD was primarily on account of a contraction in the trade deficit contributed...
  • PM Narendra Modi calls for collaboration with Japan for research, skill development September 1, 2014

    Tokyo: In his address to businessmen at the Japan Chamber of Commerce and Industry, Prime Minister Narendra Modi said that India is trying to achieve Japanese level of efficiency in the PMO as well as seek Japan's help in skill development in India. Modi said that India and Japan need...
  • Sensex up 77 points, Nifty ends above 7950 points August 28, 2014

    Mumbai: Equity benchmarks ended at new closing high on Thursday. The Sensex rose 77.96 points to 26638.11 led by capital goods, FMCG, oil & gas and private banks. The Nifty closed above the 7950 on the expiry day for August derivative contracts, up 18.30 points at 7954.35. The BSE Midcap...
  • Sensex, Nifty hit new peaks on Eurozone stimulus hopes, US data August 27, 2014

    Mumbai: Indian stocks rose for the fifth day with benchmark Sensex on Wednesday vaulting 117.34 points to a new closing peak for the third session in a row on hopes of fresh stimulus in Eurozone and positive Asian cues after investors welcomed data indicating the US economy is back on...
  • Volatile Sensex ekes out margin gain to end at new peak at 26,442.81 August 26, 2014

    Mumbai: In volatile trade, the benchmark Sensex on Tuesday rose a marginal 6 points to log a new closing peak of 26,442.81, extending its winning run to the fourth straight session, on buying in healthcare and FMCG shares while battered metal stocks also witnessed a late recovery. In addition, covering up...
  • Farmers form cooperative committee for milk production, dairy business August 20, 2014

    Farmers and livestockmen of Chhattisgarh's naxalhit Dantewada district have formed a cooperative committee to take up a project for milk production and dairy business. "In retaliation to the socalled 'red revolution' of naxalites, farmers and stockmen of the tribal district have introduced a unique model 'Kshirsagar Project', which will enhance the...
  • Watch: What women really want August 18, 2014

    In an interactive session with empowered women CNBCTV18 brings out the essence of what women in India really aspire for. ...
  • Jan Dhan Yojna next stage of social, economic development: USIBC August 16, 2014

    Washington: Hailing Prime Minister Narendra Modi's 'Jan Dhan Yojna', the USIndia Business Council (USIBC) on Friday described it as an "important step" toward the next stage of India's social and economic development. In a statement, USIBC said Modi's announcement of "a new panIndia comprehensive financial inclusion plan that expands access...
  • Muslim business chamber demands ban on beef export July 31, 2014

    The Muslim Chamber of Industries and Commerce here on Thursday demanded that beef export should be stopped immediately while buffalo meat export must be contained. The demand was made in a resolution unanimously passed at its meeting here. In another resolution, the MCCI suggested steps be taken to increase production and...
  • Mumbai: Hoax call could have led to fireman's death, says official July 19, 2014

    Mumbai: A hoax distress call might have led to the death of a fireman in Friday's fire that broke out in a 22storeyed building in Mumbai, a top fire official said on Saturday. The fireman, Nitin Ivalekar, had gone to check out a distress call of a woman that she was...
  • Mumbai: Won't take his body till government assures compensation, says fireman's wife July 19, 2014

    Mumbai: The family of the fireman who lost his life in the massive fire that engulfed a high rise commercial building in Mumbai on Friday, has refused to take his body. They are demanding a written assurance from the government that the compensation that has been promised will be given...
  • Mumbai: Faulty fire safety equipments in building left several firemen trapped July 19, 2014

    Mumbai: Mumbai: Hours after a massive fire gutted a high rise commercial building in Mumbai, on Friday fire officials claim that safety norms were flouted in the building which led to several firemen being trapped in the building. "It was a difficult task as 33 of my men got stuck when...
  • Massive fire in commercial building in Mumbai, one fireman dead, 6 seriously injured July 18, 2014

    Mumbai: A massive fire broke out in a 22storey commercial building in a western suburb of Mumbai on Friday morning. Over 40 fire tenders were pressed into service who, after toiling for hours, managed to douse off the flames. One fireman lost his life and six others were left seriously...
  • Sensex ends flat despite fall in June inflation; metals up July 14, 2014

    Mumbai: Equity benchmarks started off the week on a sluggish note with the indices falling marginally on Monday despite better inflation data, weighed down by FMCG and select banks & technology stocks. However, rally in metals and capital goods capped the downside. The 30share BSE Sensex managed to hold the...
  • Tamil Nadu, Gujarat favourites for starting a business: Survey July 13, 2014

    New Delhi: Tamil Nadu and Gujarat have emerged as the most preferred destinations for those looking to start a business as these states offer the best incentives and most conducive investment policies, a survey has found. The survey is the firstever nationwide poll of micro, small and medium industries which...
  • TV18 launches Gujarati business channel CNBC Bajar July 1, 2014

    July 1 marks the launch of TV18's latest venture, CNBC Bajar, which is the first Gujarati language business channel. It is partnered by Infibeam.Com in association with Adani and Ganesh Housing. The channel offers a mix of live markets coverage and feature shows. ...
  • Inox in talks to buy Satyam Cineplexes June 30, 2014

    New Delhi: Multiplex operator Inox Leisure is in talks with Satyam Cineplexes to buy the Gurgaonbased rival, a move which would expand its foothold further in the film exhibition market in the northern region. According to the sources, Inox is in talks with Satyam Cineplexes to acquire its movie exhibition business. "We...