British Prime Minister David Cameron continued his attempt to woo Indian students and businesses by offering new visa services for Indians. He said the United Kingdom will introduce same day visa services for Indian investors. ...
10:18 AM, Feb 19, 2013
The publisher of iconic magazine Reader's Digest has filed for bankruptcy to cut a $465 million debt. The magazine has been in circulation for 9 decades now and is read by over 25 million people across the world, but has lately felt the pressure of reader's switching from print to electronic media. ...
09:07 AM, Feb 19, 2013
The BSE benchmark Sensex on Monday closed 33 points higher as investors indulged in selective buying mainly in realty and capital goods sectors ahead of the union budget. ...
10:08 AM, Feb 18, 2013
Galgotias University aspires to be globally known institution for education, research and innovation. ...
11:16 PM, Feb 17, 2013
French President Francois Hollande on Friday said French companies are willing to invest up to $1 billion in India, but asked New Delhi to take necessary steps to open up the market by removing obstacles. "There are always obstacles to opening markets," Hollande said addressing industry leaders in the financial capital this evening but clarified he is not meddling in the political affairs of this country. ...
09:40 AM, Feb 16, 2013
IT major Wipro will be dropped from the National Stock Exchange's benchmark index Nifty from April 1 as its non-IT businesses are hived off into a separate unit. "A corporate action like our demerger of a listed company would generally result in a short-term withdrawal of the scrip from the index as it has been happening in the past where such corporate action had been initiated. We expect restoration of...
10:21 AM, Feb 14, 2013
After European Union ended over a decade-long boycott of Gujarat Chief Minister Narendra Modi, lawmakers from the region have invited him to attend the European Parliament in Brussels in November, according to a post on his blog. ...
05:33 PM, Feb 10, 2013
US-based coffee chain Starbucks on Wednesday said India will become one of its top five global markets in the long-term and will continue to expand aggressively here. The company, which has missed its target of opening 50 outlets in the country by 2012 at an investment of Rs 400 crore, however, remained non-committal on by when it would be able reach the milestone. ...
10:30 PM, Feb 06, 2013
The Telugu actor has recently given three back to back block busters. ...
01:05 PM, Feb 03, 2013
The government on Thursday revised downward the economic growth for fiscal 2011-12 to 6.2 per cent from the earlier estimate of 6.5 per cent. However, as per the first revised estimates of National Income, Consumption Expenditure, Saving and Capital Formation, the GDP (Gross Domestic Product) for the fiscal 2010-11 has been revised upwards to 9.3 per cent from 8.4 per cent. ...
02:28 PM, Jan 31, 2013
As part of its turnaround plan, Air India will hive off two of its subsidiaries from on Friday, an official said in Mumbai on Wednesday. ...
02:20 AM, Jan 31, 2013
Philips Electronics is selling its audio and video business to Japan's Funai Electric Co in a deal that almost completes its exit from consumer electronics to focus on more profitable home appliances and healthcare areas. ...
11:12 AM, Jan 30, 2013
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04:44 PM, Jan 29, 2013
Morgan Stanley intends to allow its banking licence in India to lapse as part of its changed business strategy, the Economic Times newspaper reported on Saturday. However, the Wall Street bank will continue to run its investment banking business and stay registered as a non-banking finance company with the central Reserve Bank of India, the newspaper reported, citing an unnamed senior banker. ...
06:27 PM, Jan 26, 2013
After posting impressive growth in the past few years, India-China bilateral trade declined by 10.1 per cent to $66.47 billion in 2012. According to the figures released by the Chinese Commerce Ministry, India's trade deficit mounted to $28.87 billion due to steady decline of export of iron ore. ...
05:01 PM, Jan 20, 2013
India's no.3 software services provider Wipro Ltd's less-than-perfect score on its quarterly earnings report card threw a measure of doubt over the sector's near-term outlook, with new projects and contracts still elusive. Since a week ago, better-than-expected results from Infosys Ltd, Tata Consultancy Services Ltd and HCL Technologies Ltd sparked a 13 per cent rally in the sector subindex that grinded to a halt on January 18. ...
02:58 PM, Jan 19, 2013
China's economy regained speed in the final quarter of 2012, pulling out of a post-global financial crisis downturn that produced the slowest year of economic growth since 1999. ...
12:46 PM, Jan 18, 2013
Tata Motors market cap crossed the 1 trillion rupees mark, joining what is now a 14-member club that also includes Reliance Industries, ONGC and Tata Consultancy Services. Tata Motors shares have hit a record high this year after surging 4.7 per cent as of January 9 close, adding to its 75 per cent gain in 2012. ...
01:23 PM, Jan 10, 2013
Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on January 9, in the latest sign of a pullback on Wall Street as revenue from trading and deal-making remains in the doldrums. The staff reduction pertains to Morgan Stanley's institutional securities unit - which includes sales, trading and investment banking, and whose staff will be reduced 6 per cent - as well...
11:49 AM, Jan 10, 2013
On this episode we take a look at the Birla Institute of Management Technology. ...
10:29 PM, Jan 06, 2013
