Enterprise

  • Madras HC exempts Jayalalithaa from personal appearance in IT case 6 days ago

    Chennai: Madras High Court on Wednesday exempted from personal appearance Tamil Nadu Chief Minister Jayalalithaa and her aide Sasikala before the trial court for questioning and for framing charges in the Income Tax returns case. On September 18, the Additional Chief Metropolitan Magistrate MR Dakshinamurthy had directed them to...
  • Tax case: Chennai court summons CM Jayalalithaa on October 1 September 18, 2014

    Chennai: The Egmore Additional Chief Metropolitan Magistrate on Thursday directed Chief Minister J Jayalalithaa and her partner Sasikala to appear in the Income Tax (IT) case on October 1. The case is related to the nonfiling of income tax returns by Jayalalithaa and Sasikala in their individual capacity for 199394. Complaints were...
  • Surplus cash of PSUs may be used to revive sick units September 12, 2014

    New Delhi: Surplus cash of stateowned enterprises including those of Maharatnas and Navratnas lying idle in banks may be used to nurse ailing PSUs that can be revived back to health, the government said on Friday. The government has constituted a committee headed by NTPC Chairman Arup Roy Choudhury to study...
  • In race for bigger margins, drug makers willing to lose the India 'advantage' August 29, 2014

    Mumbai: Indian drug makers are fleeing a regulatory morass at home and moving some research and development to Europe and the United States as they try to boost margins by producing highvalue drugs. India's $15 billion a year pharma industry, the world's largest source of cheap generics, is already reeling from...
  • Insurance scrips trade mixed after FDI cap hike announcement July 10, 2014

    Mumbai: Shares of companies that run insurance business saw mixed trend at the BSE after Finance Minister Arun Jaitley on Thursday proposed raising the Foreign Direct Investment (FDI) cap from 26 per cent to 49 per cent. Max India was down 1.93 per cent and Reliance Capital shares were trading 1.32...
  • Actor John Wayne's heirs sue university to use 'Duke' nickname July 10, 2014

    Reuters: Heirs of film star John Wayne have sued Duke University over their right to use the late Academy Award winner's nickname, "Duke," to market a line of bourbon, describing the school's protests over such branding efforts as "ludicrous." John Wayne Enterprises said it fears being sued by the private university...
  • Minigun factory busted after police raids Adityapur Industrial Estate May 1, 2014

    A minigun factory was on Thursday busted in the Adityapur Industrial Estate under Adityapur police station in SeraikelaKharswan district in Jamshedpur, DIG (Kolkhan) Md Nehal said. The raiding police team recovered 102 pieces almost finished firearms and firearm making equipment from Vijaya Laxmi Enterprises located in the VII phase of the...
  • WalMart paid $334 million to end India partnership April 28, 2014

    Mumbai: WalMart Stores Inc paid about $234 million in debt related to the purchase of a stake in its Indian joint venture with Bharti Enterprises, which the US retailer ended in October last year, according to its 2014 annual report. WalMart, the world's largest retailer, had earlier paid $100 million to...
  • Model suing Playboy for $500,000 in damages after a golf ball was teed off her buttocks causing large bruise during shoot March 18, 2014

    A bizarre lawsuit has hit Playboy Enterprises. A model is suing them and radio host Kevin Klein for $500,000 in damages after he teed off a golf ball positioned on her buttocks with a golf club during an amateur golf tournament in California, the Daily Mail reported. Elizabeth Dickson, 28, was...
  • Bharti Enterprises announces top level changes January 28, 2014

    In top level organisational changes, Bharti Enterprises on Tuesday elevated Gopal Vittal to head Airtel's operations in India and South Asia. Vittal is currently Airtel's joint MD amp;amp; CEO (India). Manoj Kohli will also relinquish his position as MD amp;amp; CEO (International) Bharti Airtel and will take over as MD of...
  • 5 worst TV series finale ever October 19, 2013

    New Delhi: "Now that i've let it sit for a week, the ending of Dexter was a bummer... Perfect example of a show that started off great and fell apart," tweeted 'Dexter' fan Mike Ferri. Agreed, it has been over a week since the finale of popular series 'Dexter' was...
  • WalMart and partner Bharti Enterprises call off India joint venture October 9, 2013

    WalMart Stores Inc and its Indian partner Bharti Enterprises are breaking up their joint venture and will independently own and operate separate businesses in the country, the companies said in a joint statement on Wednesday. WalMart, the world's biggest retailer, will acquire Bharti's 50 percent stake in Bharti WalMart Pvt Ltd,...
  • Retail plans with Bharti Enterprises not tenable, says WalMart October 7, 2013

    WalMart Stores Inc's retail plans with India partner Bharti Enterprises are "not tenable" and both sides are looking for the best way to move forward, an executive with the US retailer told Reuters. WalMart was expected to make a decision on its Indian retail plans later this month and Bharti will...
  • Blackberry to shift focus from consumer market to enterprise customers September 23, 2013

    Toronto: BlackBerry Ltd's plan to retreat from the consumer market in favor of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn will only accelerate its downward spiral. The strategic shift and dramatic restructuring are fuelling fears about BlackBerry's longterm viability. The...
  • 170 stocks hit 52-week low amid market crash September 3, 2013

    Mumbai: Hit by massive sell-off in the stock market, as many as 170 stocks touched their one-year low on the BSE on Tuesday, with the benchmark Sensex plummeting over 650 points. Among stocks that hit their 52-week low include PNB, Tata Chemicals, IDBI Bank, City Union Bank, Corporation Bank, Federal Bank, Andhra...
  • Leader Talk: In conversation with Steve Waugh, Rajan Bharti Mittal August 24, 2013

    In this show we talk about leadership mantras with successful leaders from the world of sports and corporate India....
  • Red tape, graft: India no super market for Walmart July 8, 2013

    Mumbai: Walmart's India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ownership of their local operations, it marked a victory for Walmart Stores, which had spearheaded efforts to open the market and said its first retail store would open within...
  • BlackBerry launches new service to manage Android, Apple devices June 25, 2013

    Toronto: BlackBerry launched a service on Tuesday allowing government agencies and corporate clients to secure and manage devices powered by Google Inc's Android platform and Apple Inc's iOS operating system. The longanticipated offering, which BlackBerry had said would come out around midyear, could help the company sell highmargin services to its...
  • BlackBerry shifting emphasis from smartphones to services May 22, 2013

    Toronto: BlackBerry no longer owns the fastpaced, innovative smartphone world but the company, whose emailonyourhip devices once revolutionised the industry, now aims to run it. The change in focus was hard to miss at the company's wellattended annual conference in Florida last week, even as news of a new smartphone model...
  • WB: Another chit fund company agent commits suicide May 7, 2013

    Kolkata: Illegal finance schemes continued to claim lives in West Bengal on Tuesday. Yet another agent of yet another illegal depositstaking company killed himself after being heckled by investors in the Self Trust Enterprises Ltd. Self Trust Enterprises went under in April. Mrinal Monal of North 24 Paraganas who was its agent,...
  • Create investmentfriendly climate, PM urges bureaucrats April 22, 2013

    New Delhi: Prime Minister Manmohan Singh on Sunday stressed the need to build a climate favouring enterprise and investment while observing that the current economic downturn was only temporary. "I believe that we are facing only a temporary downturn that we should correct as quickly as possible...more needs to be done,...
  • President to give away National Awards to MSMEs April 3, 2013

    New Delhi: President Pranab Mukherjee will present the National Awards to successful Micro, Small and Medium Enterprises (MSMEs) and banks on Wednesday. The National Awards were instituted by the Ministry of Micro, Small and Medium Enterprises in 1983 to felicitate the outstanding performers in the sector in various areas like...
  • Pak PM faces possible disqualification in upcoming polls March 17, 2013

    Islamabad: Prime Minister Raja Pervez Ashraf faces possible disqualification in Pakistan's upcoming polls as a company co-owned by him has been declared a defaulter by authorities, according to a media report on Sunday. Under existing rules, any person declared a defaulter in business dealings is barred from contesting elections. Fairwin Enterprises,...
  • Retail FDI won't hit small traders: Rajan Mittal September 30, 2012

    Karan Thapar: Hello and welcome to Devils Advocate. How do businessmen respond to the claim that FDI in retail is bad for India and Walmart in particular perhaps a disaster? Those are the key subjects I should raise today with the Vice Chairman and Managing Director of Bharti Enterprises...
  • BhartiWalmart will be a 5050 pc partnership: Rajan Mittal September 30, 2012

    New Delhi: Ignoring political opposition to Foreign direct investment (FDI) in retail, Bharti Enterprises has already begun talks with Walmart to set up a retail chain in the country. Speaking to Karan Thapar on Devil's Advocate, Bharti Enterprises Vice Chairman and MD Rajan Bharti Mittal clarified that like in their...
  • Murphy sends legal notice to 'Barfi!' makers September 13, 2012

    The makers of Anurag Basu's 'Barfi!', scheduled to release this Friday, have received a legal notice from Murphy Enterprises for alleged copyright infringement and wrong portrayal of their brand in the film. ...
  • Walmart plans 35 more India wholesale stores September 12, 2012

    Bangalore: A cash and carry joint venture between WalMart Stores and Bharti Enterprises plans to add threefive stores by end of the year, a spokeswoman for the world's largest retailer said on Tuesday. US group Walmart operates 17 cash and carry, or wholesale stores, in India in partnership with Bharti Enterprises,...
  • Hyderabad: Women power to the fore September 11, 2012

    Hyderabad: Women constitute about 50 per cent of the worlds population, perform 66 per cent of the global work, but receive only 10 per cent of the total income and sadly, own just about one per cent of property! On the contrary, womenowned businesses represent 3239 per cent of all...
  • Ratan Tata's audacious philanthropic retirement plans August 21, 2012

    One does not attain freedom from the bondage of Karma by merely abstaining from work. No one attains perfection merely by giving up work Because no one can remain actionless even for a moment. Everyone is driven to action, helplessly indeed, by the Gunas of nature The deluded ones, who restrain their organs of action but mentally...
  • Vilasrao in hospital, portfolio given to Vayalar August 8, 2012

    Chennai: Union Science and Technology Minister Vilasrao Deshmukh, who was admitted to a private hospital in Chennai for a liverrelated ailment, was in a critical condition and under observation, hospital authorities said on Tuesday night. Overseas Indian Affairs Minister Vayalar Ravi, meanwhile, was given additional charge of Micro, Small and Medium...