Chided by Donald Trump, Ford scraps Mexico factory, adds Michigan jobs

FLAT ROCK (TIP): Ford Motor has scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the US president-elect...

SPICEJET, INDIGO RAISE RED FLAG OVER FDI NORMS

NEW DELHI (TIP): IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers. SpiceJet...

GST: JAITLEY PUSHES FOR CONSENSUS

NEW DELHI (TIP): The Centre on Wednesday said that it will wait for consensus to emerge on GST laws and will not push for a decision by...

HOW INDIA LOBBIED MOODY’S FOR RATINGS UPGRADE, BUT FAILED

NEW DELHI (TIP): India criticised Moody's ratings methods and pushed aggressively for an upgrade, documents reviewed by Reuters show, but the US-based agency declined to budge citing...

Multiple deposits of scrapped notes allowed till Dec 30: RBI

MUMBAI (TIP): Reserve Bank of India on Thursday clarified that account-holders can make multiple cash deposits in withdrawn currencies till December 30. RBI had on Wednesday reversed...

NUSLI WADIA VOTED OUT FROM POSITION AS A TATA MOTORS DIRECTOR

NEW DELHI (TIP): Nusli Wadia was voted out of his position as an independent director of Tata Motors. More than 70% of Tata Motors shareholders voted in favour...

China tycoon Cao Dewang moves jobs to US, citing high taxes at home

SHANGHAI (TIP): A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in...
Chief Minister of Chhattisgarh, Dr Raman Singh highlighted investment opportunities in Chhattisgarh in front of a gathering at the Indian Consulate, New York on November 29

On his third US tour, Chhattisgarh CM eyes investment in ‘Priority Industries’

NEW YORK CITY (TIP): Every time he comes to the US, he ‘takes home something new.’ On his third US tour, Chief Minister of Chhattisgarh, Dr Raman...

Jio crosses 50 million subscriber mark in 83 days

New Delhi, Nov 28 (TIP) Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch...
USIBC

INDIAN AMERICANS AMONG SIX NEW MEMBERS TO JOIN USIBC TO ADVANCE INDIA-US COMMERCIAL RELATIONSHIP

WASHINGTON (TIP): The U.S.-India Business Council's (USIBC) board of directors announced, November 22, 2016, the appointments of six global business leaders to serve as members of the...

Ratan Tata Considers Demonetization a National Calamity for Poor, suggests Government to Consider Emergency...

NEW DELHI (TIP): Business Tycoon Ratan Tata has suggested the government to consider Extra-ordinary relief measures, similar to those employed at the time of national calamities, for...

Tata Steel sacks Cyrus Mistry, names OP Bhatt as chairman

MUMBAI (TIP): The Tata Steel board on Nov 25 replaced Cyrus Mistry with OP Bhatt, an independent director, as the company's chairman with a majority of the...

Vijay Mallya files plea for recalling contempt order

BENGALURU (TIP): Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka high court for recalling its order summoning him for allegedly violating an undertaking...

Demonetisation hurts sales, auto industry cuts production

NEW DELHI (TIP): A decline in sales is prompting automobile companies to slash production as demonetisation has adversely impacted buyer sentiment and hit footfalls at showrooms. Few companies...

Tata JLR to create thousands of jobs in UK

LONDON (TIP): In a major boost to Brexit-hit UK, Tata Motors' owned Jaguar Land Rover today announced ambitious investment plans leading to the creation of thousands of...

INDIAN AUTO INC CAN GENERATE 6.5CR NEW JOBS BY 2026: KENICHI AYUKAWA

NEW DELHI (TIP): Indian automobile industry can contribute over 12 per cent to the country's GDP and generate around 6.5 crore additional jobs over the next decade,...

NISSAN’S ELECTRIC CAR ON ITS WAY TO INDIA

BENGALURU (TIP): Japan car maker Nissan on Wednesday said that it is working on bringing the much-awaited electric car Nissan Leaf to India, but declined to put...

JPMorgan to pay over$250 million in China bribery case

NEW YORK (TIP): JPMorgan Chase & Co will pay more than $250 million to settle allegations by the US government that it had hired children of Chinese...
Cyrus Mistry

Mistry avoids face-off, skips two Tata board meetings

Mumbai: Cyrus Mistry on Thursday skipped two crucial board meetings, of Tata Sons and Tata Consultancy Services (TCS), his first such absence since he was ousted as...

BILLIONAIRE WARREN BUFFETT INVESTS IN 4 US AIRLINES

NEW YORK (TIP): Warren Buffett's Berkshire Hathaway Inc on Monday said it has bought shares in the four biggest US airlines: American Airlines Group Inc, Delta Air...
New Notes - Specimen

Modi May Need Six More Months to Replace India’s Junk Bills: Economist Saumitra Chaudhuri

One estimate pegs May 2017 as date when bills will be replaced; Deutsche Bank says crunch to cut 50bps from Oct-Dec GDP growth NEW YORK (TIP): For Indians...
Congress leader Mallikarjun Kharge, SP chief Mulayam Singh Yadav and other MPs in the Lok Sabha during the winter session of Parliament on Thursday, November 17.

DEMONETIZATION STALLS Parliament

Chaotic scenes witnessed in both Houses of Parliament over scrapping of Rs1,000 and Rs 500 notes NEW DELHI (TIP): Both Houses of parliament were adjourned on Thursday, November...

Demonetization stunt: Drama as farce

The August 14, 2014 issue of the The Hindu carried a feature indicating that the National Institute of Public Finance and Policy (NIPFP) had submitted to the...
Make America Great Again

Donald Trump Proposes 35 Percent Tax on Companies Outsourcing Production

Republican presidential nominee Donald Trump said Nov. 5 that he will impose a 35 percent tax on U.S. companies that lay off workers while outsourcing their production...

IMF welcomes demonetisation but calls for ‘prudent handling’

WASHINGTON (TIP): The IMF on Friday said it supports India's efforts to fight corruption through demonetisation, but noted that the transition needs to be managed "prudently" to...
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Did You Know?

EAT BERRIES TO LOSE WEIGHT

No need to skip a meal or head to a gym as easy ways to lose a few pounds -- not anymore. Replacing just one between-meal confectionery...

Health benefits of carrots

Improve posture FOR A FLAT TUMMY