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HomeBusiness & Economics

Business & Economics

gujarat-map
Business & Economics

Gujaratis dominate Forbes India rich list

Sep 23, 2016 - 12:14 am EDT @theindpanorama 0

Singapore, Sep 22 (PTI) Gujaratis seem to be among the most dominant communities when it comes to wealth creation, with Ambanis, Adanis, Shanghvis and Patels cornering a large number of top positions on the list […]

uk-visa-generic
Business & Economics

Business Chiefs, Lawmakers Back Cheaper UK Visa For Indians

Sep 22, 2016 - 11:18 pm EDT @theindpanorama 1

London:  Over 50 leaders from the world of business and politics in Britain and India have backed a campaign for the UK to extend its new 87-pound two-year visitor visa to Indian nationals. In a letter […]

Business News - Generic Image
Business & Economics

Reliance Defence Wins Rs 300 Cr Naval Warship Refit Order

Sep 22, 2016 - 11:16 pm EDT @theindpanorama 0

Reliance Defence has won a contract for the refit of three naval warships at its facility at Pipavav in Gujarat, sources said. The value of the order is pegged at Rs 300 crore. The refit […]

China halts stock trading
Asia

Chinas outbound investment exceeds FDI in 2015: Report

Sep 22, 2016 - 11:12 pm EDT @theindpanorama 1

Beijing, Sep 22 (PTI) For the first time, Chinas outbound investment has exceeded the Foreign Direct Investment (FDI) it received, official data for 2015 showed today, as the cash- rich Communist giant looks for new […]

ASIA STOCKS DROP AS BANKING SECTOR
Business & Economics

Pakistan Stock Markets Plunge Fearing Indian Retaliation After Uri Attack

Sep 22, 2016 - 11:08 pm EDT @theindpanorama 1

Pakistani stock markets witnessed a sharp decline on Thursday as reports of an imminent strike from India are speculated. The Karachi Stock Exchange (KSE) on Thursday closed at 39,771 points, noting a decline of 569 […]

Business News - Generic Image
Business & Economics

Bayer signs deal worth close to $66 billion to buy Monsanto

Sep 17, 2016 - 7:39 am EDT @theindpanorama 0

Bayer won over Monsanto’s management with a $128 per-share cash offer to acquire the global seed market leader, a person familiar with the matter said, in a move to command more than a quarter of […]

budget
Business & Economics

Budget session likely to be advanced to January 24

Sep 17, 2016 - 7:10 am EDT @theindpanorama 0

NEW DELHI (TIP): The Budget session of Parliament may be advanced by a month and commence on January 24 and a combined Railway and General Budget may be presented on January 31. The Cabinet is […]

Vijay Mallya's escape from India last week has raised many questions which may be answered as the circumstances of his escape unfold
Business & Economics

Vijay Mallya can seek Emergency Certificate to return to India: MEA

Sep 17, 2016 - 7:06 am EDT @theindpanorama 0

NEW DELHI (TIP): Dismissing beleaguered businessman Vijay Mallya’s claim that he is unable to travel back as his passport has been suspended+ by the Indian authorities, the government on Thursday (Sept 15) said any citizen […]

Fraud
Business & Economics

Former Indian American CEO of Essex Holdings in Florida charged with $30 million fraud

Sep 17, 2016 - 6:59 am EDT @theindpanorama 0

Navin Shankar Subramaniam Xavier duped around 100 investors MIRAMAR, FL(TIP): The former Chief Executive Officer of Essex Holdings, Inc., Navin Shankar Subramaniam Xavier, a/k/a ‘Navin Xavier,’ a/k/a ‘Dr. Navin Xavier’, 44, of Miramar, Florida, was charged with […]

Vodafone
Business & Economics

Airtel, Vodafone, Idea not allowing portability: Reliance Jio to TRAI

Sep 16, 2016 - 7:12 am EDT @theindpanorama 1

NEW DELHI (TIP): Reliance Jio has sought the industry watchdog’s intervention over the three main telecom operators — Airtel, Vodafone and Idea — refusing to allow porting of their subscribers to its own network, in […]

Business News - Generic Image
Business & Economics

Raymonds to downsize,cut close to 10,000 jobs in 3 years

Sep 16, 2016 - 7:10 am EDT @theindpanorama 1

CHENNAI (TIP): Apparel giant Raymonds to cut about 10,000 jobs in its manufacturing centres in the next three years, replacing them with robots and technology, said Sanjay Behl, CEO, Raymonds. Speaking at an event at […]

MOODY
Business & Economics

Moody’s places Reliance Communications’ Ba3 ratings under review for downgrade

Sep 16, 2016 - 7:08 am EDT @theindpanorama 1

COIMBATORE (TIP): Moody’s Investors Service has placed under review for downgrade Reliance Communications’ (RCOM) Ba3 corporate family rating and senior secured rating following the announcement of its plan to merge its wireless business with Aircel […]

electric-and-hybrid-cars
Business & Economics

Volvo, Audi, Merc bet high on electric and hybrid cars

Sep 16, 2016 - 7:08 am EDT @theindpanorama 0

NEW DELHI (TIP): With regulation on pollution from automobiles getting stringent world over, carmakers finally moving towards electrics, but not in a hurry. Companies such as Mercedes-Benz, Audi, and Volvo plan to start off with […]

ICICI Bank CEO Chanda Kochhar
Business & Economics

Bhattacharya, Kochhar among most powerful women outside US

Sep 16, 2016 - 7:02 am EDT @theindpanorama 1

New York, Sep 13 – Indias top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the 50 most powerful women based outside the US, according […]

reliance-jio-infocomm
Business & Economics

India’s Telecom Industry set for a BIG change with JIO’s entry & RCom- Aircel Merger

Sep 16, 2016 - 7:01 am EDT @theindpanorama 1

Reliance Communications has finally announced its long-awaited merger with unlisted telecom operator Aircel. It is said to be one of the biggest mergers of the telecom sector. The pressure in the telecom sector has already […]

international-foreign-investors-investment
Business & Economics

Mauritius hopes to remain major FDI source to India

Sep 15, 2016 - 9:23 am EDT @theindpanorama 1

Mauritius today expressed hope to remain one of the biggest investment routes to India post revision of the bilateral tax treaty, as the two nations move ahead with talks on trade liberalisation pacts. After meeting […]

the-young-professional-of-the-year-was-presented-to-malisha-patel
Business & Economics

Indian-American Entrepreneurs Awarded In US

Sep 15, 2016 - 8:55 am EDT @theindpanorama 0

Four prominent Indian Americans and three Americans have been awarded by a Houston-based chamber of commerce for their outstanding work as entrepreneurs and “building bridges” between India and the US. The awards were given by […]

Microsoft's Satya Nadella feels artificial intelligence-powered bots will become next interface. (File)
Business & Economics

Microsoft’s Satya Nadella Believes Bots Will Change Customers’ Experience

Sep 15, 2016 - 8:54 am EDT @theindpanorama 0

Artificial Intelligence-powered bots will become the next interface, shaping our interactions with the applications and devices we rely on and Microsoft’s latest solutions are set to change the way HP interacts with its customers and […]

Obama said sanctions would be lifted during talks with Aung San Suu Kyi at the Oval Office [Carlos Barria/Reuters]
Asia

US lifts Myanmar trade sanctions

Sep 15, 2016 - 8:50 am EDT @theindpanorama 1

President Barack Obama announced that US economic sanctions against Myanmar will be lifted, and trade preferences reinstated to provide duty-free treatment for goods from the Asian nation. Yesterday’s (09/14/2016) meeting in Washington was the first by Aung San […]

spanish
Business & Economics

A cafe that charges you more!!! for being RUDE (Trump to stay away)

Sep 11, 2016 - 11:40 am EDT The Indian Panorama Staff - TIP Bureau 1

LONDON: Pays to be polite! A Spanish cafe owner has put in place a novel policy to promote good manners under which rude customers are charged more while prices are cut for those who say […]

anil-ambani-nears-two-mega-telecom-deals
Business & Economics

ANIL AMBANI NEARS TWO MEGA TELECOM DEALS

Sep 9, 2016 - 6:29 am EDT @theindpanorama 1

MUMBAI (TIP): Reliance Group chairman Anil Ambani is close to signing two, separate deals to deleverage the telecommunications business. The billionaire industrialist is combining Reliance Communications’ (RCom) wireless business with Aircel, which will make the […]

zuckerberg-foundation-to-invest-in-indias-byju
Business & Economics

ZUCKERBERG FOUNDATION TO INVEST IN INDIA’S BYJU’S

Sep 9, 2016 - 6:26 am EDT @theindpanorama 2

BENGALURU (TIP): The Chan-Zuckerberg Initiative (CZI), founded by Facebook founder Mark Zuckerberg and his wife, Priscilla Chan, is making its first investment in Asia in Bengaluru-based Byju’s, a learning app. CZI will co-invest in the […]

saudi-arabia-russia-sign-oil-pact
Asia

Saudi Arabia, Russia sign oil pact, may limit output in future

Sep 9, 2016 - 6:22 am EDT @theindpanorama 0

BEIJING (TIP): Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two […]

mm-to-provide-40k-cars-to-ola
Business & Economics

M&M TO PROVIDE 40K CARS TO OLA, EYES $400M BIZ

Sep 9, 2016 - 6:19 am EDT @theindpanorama 1

MUMBAI (TIP): Following in the footsteps of global automakers, Mahindra & Mahindra is partnering with Ola for providing as many as 40,000 cars to the ride-hailing startup over the next two years. Drivers on the […]

former-rbi-governor-raghuram-rajan
Business & Economics

RAGHURAM RAJAN WARNS AGAINST LOW RATES WORLDWIDE

Sep 9, 2016 - 6:15 am EDT @theindpanorama 1

MUMBAI (TIP): Three years before the 2008 global financial crisis, an Indian economist named Raghuram G Rajan+ presciently warned a skeptical audience of top economic thinkers that excessive risk threatened the entire global financial system. […]

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