NEW YORK CITY (TIP): Leading multicultural marketing firm, Touchdown Media Inc. and MoneyGram, (NASDAQ: MGI) a leading global money transfer service, announced, February 24, the kick-off of the first annual Cricket Bee sponsored by MoneyGram. […]
India added 27 new billionaires and consolidated its position at number three on the list of billionaires, behind China and the United States, according to the Hurun Report 2016. India has 111 billionaires, compared to […]
BENGALURU – Indian tycoon Vijay Mallya resigned Feb. 25 as chairman and non-executive director of United Spirits Ltd as part of a $75 million deal with its majority holder and global liquor major Diageo plc […]
SINGAPORE (TIP): US aircraft maker Boeing said on February 19 it had won a $440 million deal with Papua New Guinea’s flag carrier Air Niugini for four 737 MAX 8 planes. Announcing the deal along […]
MUMBAI (TIP): The week-long ‘Make in India’ fair closed on Thursday with investment commitments of over Rs 15 lakh crore ($220 billion), the government said. “The numbers are in. INR 15,20,000 cr investment already committed at #MakeInIndia […]
SINGAPORE(TIP) : Crude futures rose in Asian trade on Thursday after Iran welcomed plans by Russia and Saudi Arabia to cap production, although analysts said the move would not lead to any output cuts and […]
MUMBAI (TIP): Call it the Amtek Auto effect. After investors in debt schemes suffered losses last year, mutual funds are under close watch over credit-rating downgrades as with that of Jindal Steel & Power (JSPL). […]
NEW YORK (TIP): No leader, especially a religious leader, should have the right to question another man’s religion or faith,” Pope Francis said in statement. Trump added that the government in Mexico, where Francis spent […]
WASHINGTON: Noting that the biggest banks continue to pose a significant risk to the US economy, Indian- American top federal bank official Neel Kashkari has called for breaking them into smaller ones. “I believe the […]
The ‘Make in India’ (MII) Week, touted as the largest business expo hosted by the country, was inaugurated in Mumbai by Prime Minister Narendra Modi on Saturday, Feb 13, in the presence of heads of state, a […]
NEW DELHI (TIP): The United Arab Emirates (UAE) on February 11 pledged to substantially augment investments in India, even as the two countries agreed to step up cooperation to combat terrorism. A meeting between Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh […]
India’s economy grew at an average rate of 7.5% in 2015, faster than the 6.9% growth in China, official figures show. In recent history it has been unusual, but not unprecedented, for India to grow faster […]
SAN FRANCISCO — India’s government has essentially banned a Facebook program that sought to connect with low-income residents by offering free access to a limited version of the social network and other Internet services. The […]
NEW DELHI (TIP): India’s booming online marketplace business has attracted a new wave of merchants and sellers from countries such as China, South Korea, Japan, Singapore and the US. In fact, thousands of sellers are […]
NEW DELHI (TIP): India’s growth potential is much higher than seven per cent and can be eight to nine per cent, American economist Nouriel Roubini said on Saturday, pointing out that the reforms being undertaken […]
MUMBAI (TIP): RBI governor Raghuram Rajan has made a strong pitch for allowing inefficient organizations to die even as he called for a safety net for individuals. Rajan’s statement assumes significance in the backdrop of […]
MANILA (TIP): Gold stayed near a three-month top on Thursday after marking its best day in two weeks, buoyed by expectations that global economic and financial headwinds could make it tough for the US Federal […]
WELLINGTON (TIP): The Trans-Pacific Partnership, one of the world’s biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough […]
NEW YORK (TIP): The Indian National Overseas Congress Chair George Abraham has applauded the decision of the Telecom Regulatory Authority of India to choose Net Neutrality banning immediately any differential pricing for data – that […]
SHANGHAI (TIP): Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index was […]
NEW DELHI (TIP): Maruti Suzuki reported a 27% growth in net profit in the quarter ending December 31, 2015 on the back of higher sales and cost reduction initiatives. Earnings in the period stood at […]
MUMBAI (TIP): Patanjali Ayurved, the home-grown foods-to-FMCG player that recently took on Swiss multinational giant Nestle by launching its own noodle brand, is eating into the market share of another MNC giant, Colgate Palmolive, in […]
TOKYO (TIP): The Bank of Japan on January 29 introduced a negative interest policy in a move to boost a stumbling recovery in the world’s third-largest economy. The central bank said it is imposing a […]
MUMBAI (TIP): Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday revived the debate on the method of calculating gross domestic product (GDP), saying there are problems as it only talks about growth and […]
NEW YORK (TIP): MasterCard CEO Ajay Banga has been appointed as a co-chair of American India Foundation (AIF). The American India Foundation (AIF), a nonprofit organization that is devoted to accelerating social and economic change […]
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