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HomeBusiness & Economics

Business & Economics

Business News - Generic Image
Business & Economics

TATA MOTORS SHOWS OFF NEW RANGE OF MINING, CONSTRUCTION VEHICLES

Nov 28, 2015 - 2:38 pm EST @theindpanorama 0

BENGALURU (TIP): Tata Motors showcased four new construction and mining commercial vehicles, from its Construck range at construction equipment exhibition EXCON 2015. The new vehicles showcased are the Tata Prima 3138.K 32 CuM Coal Tipper, […]

Sachin - Oxigen Ambassador
Business & Economics

INDIA’S LARGEST PAYMENT PLATFORM LAUNCHES MONEY TRANSFER IN THE USA

Nov 23, 2015 - 11:01 am EST @theindpanorama 0

CAMBRIDGE, MA (Oct. 28, 2015) – Oxigen USA, Inc. is happy to announce the launch of Money Transfer to India with the best exchange rate guaranteed. Indian-Americans can now send money from New Jersey and […]

Ola – Credit – Fortune Photo
Business & Economics

OLA Gets Another Round of Funding

Nov 20, 2015 - 3:59 pm EST @theindpanorama 0

Ola raised a $500 million Series F round from new investors Baillie Gifford and Didi Kuaidi and existing investors DST Global, Falcon Edge Capital, SoftBank Telecom Corp and Tiger Global Management bringing the Bangalore, India-based startup’s total funding to more […]

Apoorva Mehta, Instacart CEO
Business & Economics

Two Indian-Americans among richest entrepreneurs under 40

Nov 20, 2015 - 3:59 pm EST The Indian Panorama Staff - TIP Bureau 0

Two Indian-origin businessmen have been ranked by Forbes magazine among the richest entrepreneurs in America under the age of 40, a list that has been topped by Facebook CEO Mark Zuckerberg. Vivek Ramaswamy, 30, a […]

IMG_0597.PNG
Business & Economics

Activision gets mobile with $5.9B bid for King Entertainment

Nov 20, 2015 - 3:59 pm EST @theindpanorama 1

Activision Blizzard accquiers Candy Crush maker King Digital Entertainment by paying $5.9 billion, combining a console gaming power with an established player in the fast-growing mobile gaming field. Activision, which owns the extraordinarily successful “Call […]

1355296810_InvestmentBankingProject
Business & Economics

PE investments in real estate touch $2.8 bn in January-September | India’s top real estate companies stare at Rs 30,000 crore debt

Nov 20, 2015 - 3:59 pm EST @theindpanorama 1

Private equity funds committed $2.8 billion to Indian real estate projects in the first nine months of 2015, global real estate consultancy firm Cushman & Wakefield and Global Real Estate Institute said in a report. […]

Union Finance Minister Arun Jaitley receives the Seventh Pay Commission Report from the chairman, Ashok Kumar Mathur, in New Delhi.
Business & Economics

SEVENTH PAY COMMISSION FOR 23.5% SALARY HIKE

Nov 20, 2015 - 3:58 pm EST @theindpanorama 0

NEW DELHI (TIP): In its report submitted to the Union Finance Minister Arun Jaitley on November 19, the Seventh Central Pay Commission has recommended an overall increase of 23.55 per cent in pay, allowances, and […]

RBI EASES NORMS
Business & Economics

INVESTORS NEED RBI NOD TO BUY 5% OR MORE IN BANKS

Nov 20, 2015 - 3:53 pm EST @theindpanorama 0

MUMBAI (TIP): The Reserve Bank on Thursday said its prior approval will be required for acquisition of shares or voting rights in a private bank for increasing the aggregate holding to 5% or more, as […]

US VOLKSWAGEN CHIEF ADMITS KNEW OF EMISSIONS PROBLEM
Business & Economics

VOLKSWAGEN TO PRESENT EMISSION FIXES TO US AUTHORITIES

Nov 20, 2015 - 3:53 pm EST @theindpanorama 0

LOS ANGELES (TIP): German automaker Volkswagen, tainted by an emissions scandal, said it will present US authorities tomorrow with plans for bringing its vehicles outfitted with pollution-cheating software into compliance with regulations. “We’re hopeful we’ll […]

No Picture
Business & Economics

Small exporters to get interest subsidy

Nov 20, 2015 - 3:53 pm EST @theindpanorama 0

NEW DELHI (TIP): Exporters from labour-intensive, small and medium sectors can now avail bank loans at three per cent lower rates with the government on Wednesday approving the long-awaited interest subsidy scheme to boost exports. […]

No Picture
Business & Economics

Govt approves 10% stake sale in Coal India

Nov 20, 2015 - 3:53 pm EST @theindpanorama 0

NEW DELHI (TIP): The government on Nov 18 approved 10 per cent stake sale in the state-owned Coal India. This is expected to garner Rs 20,000 crore as part of government’s aim to raise Rs […]

No Picture
Business & Economics

AXIS MF UNVEILS CHILDREN’S FUND

Nov 20, 2015 - 3:53 pm EST @theindpanorama 0

BENGALURU (TIP): Axis Mutual Fund, an asset management subsidiary of Axis Bank with assets under management worth Rs 31,789 crore as of September 2015, has launched the Axis Children’s Gift Fund Scheme. The scheme, a […]

Jet Airways, IndiGo, SpiceJet
Business & Economics

CCI slaps Rs 258-cr penalty on Jet Airways, IndiGo, SpiceJet

Nov 20, 2015 - 3:53 pm EST @theindpanorama 0

MUMBAI (TIP): Fair trade regulator Competition Commission of India (CCI) has imposed a penalty of Rs 258 crore on Jet Airways, IndiGo and SpiceJet for indulging in anti-competitive practices while fixing fuel surcharge (FSC). Of […]

international-foreign-investors-investment
Business & Economics

INDIA STILL A PREFERRED DESTINATION FOR FOREIGN INVESTORS

Nov 20, 2015 - 3:53 pm EST @theindpanorama 1

MUMBAI (TIP): In spite of a lacklustre year for emerging markets so far in 2015, India continues to be a preferred investment destination for foreign investors, buoyed by its growth prospects. The MSCI emerging markets […]

Indian origin Swati Dandekar has been named by President Obama to succeed Robert M. Orr as United States director of the Asian Development Bank, with the rank of ambassador
Business & Economics

Indian origin Swati Dandekar is named ADB director

Nov 20, 2015 - 11:32 am EST Agencies | Media Reports 0

WASHINGTON (TIP): President Barack Obama has nominated India-born Swati A. Dandekar, a Nagpur and Bombay University alum, to be United States director of the Asian Development Bank, with the rank of ambassador. The nomination of Dandekar […]

GLOBAL GOLD
Business & Economics

GLOBAL GOLD DEMAND HITS MORE THAN TWO-YEAR HIGH IN Q3: WGC

Nov 17, 2015 - 6:37 pm EST @theindpanorama 51

LONDON (TIP): Global gold demand hit its highest in more than two years in the third quarter as July’s price drop boosted buying of jewellery, coins and bars, the World Gold Council said. Overall demand […]

SUBIR GOKARN
Business & Economics

SUBIR GOKARN IS EXECUTIVE DIRECTOR AT IMF

Nov 17, 2015 - 6:35 pm EST @theindpanorama 1

NEW DELHI: Former RBI Deputy Governor Subir Gokarn was on November 12 appointed as an Executive Director on the board of the International Monetary Fund (IMF). Gokarn will represent India, Bangladesh, Sri Lanka and Bhutan […]

Business-News
Business & Economics

World’s biggest online shopping day nets over $14 billion

Nov 17, 2015 - 6:34 pm EST @theindpanorama 0

SHANGHAI (TIP): E-commerce giant Alibaba said that Chinese and international consumers spent more than $14 billion in the world’s biggest online shopping day, as it sought to soothe worries over China’s slowing economy. The November […]

Vodafone
Business & Economics

Vodafone to invest Rs 13,000 crore in India

Nov 17, 2015 - 6:32 pm EST @theindpanorama 0

NEW DELHI (TIP): Vodafone on Thursday committed investments of Rs 13,000 crore (£1.3 billion) in India for capacity augmentation and new business initiatives. The information was communicated to by Vodafone Group CEO Vittorio Colao during in his meeting […]

Air India Announces Launch of San Francisco-Delhi Service
Business & Economics

Air India eyes Rs 17,000 crore revenue

Nov 17, 2015 - 6:31 pm EST @theindpanorama 0

NEW DELHI (TIP): Air India is all set to earn its highest-ever passenger revenue — Rs 17,000 crore — this fiscal, bettering the previous high of Rs 15,500 crore registered in FY 14-15. The airline’s […]

Business News - Generic Image
Business & Economics

RETAIL INFLATION UP FOR 3RD MONTH IN ROW

Nov 17, 2015 - 6:31 pm EST @theindpanorama 1

NEW DELHI (TIP): Retail inflation inched up for the third successive month in October on the back of creeping prices of some food items, while industrial output growth slowed in September posing fresh challenges for […]

Indian-student
Business & Economics

International students struggle to find employment | F-1 Visa

Nov 17, 2015 - 5:47 pm EST @theindpanorama 1

International students have F1 visas, which allow them to study, but not work in America. International students are limited to on-campus graduate student assistant jobs for a maximum of 20 hours per week. American Bazaar, an […]

graphic14
Business & Economics

How outsourcing companies are exploiting US H-1B visa program

Nov 17, 2015 - 5:31 pm EST @theindpanorama 3

Many of the visas are given out through a lottery, and a small number of giant global outsourcing companies had flooded the system with applications, significantly increasing their chances of success. Congress set up the […]

Visa H1 L1
Business & Economics

2 Silicon Valley companies owned by Indian Americans have been penalised for violating H1B visa rules

Nov 11, 2015 - 8:58 am EST The Indian Panorama Staff - TIP Bureau 0

Scopus Consulting Group and Orian Engineers, two companies based in Silicon Valley and owned by an Indian-American Kishore Kumar have been ordered to pay fines of $103,000 to the federal government. Along with this, the […]

Shailesh Mehta, President of Acecs Inc
Business & Economics

Indian American launches Global initiative aimed at training high scholars in Microsoft technologies

Nov 10, 2015 - 10:44 am EST @theindpanorama 1

WOODBRIDGE. NJ (TIP): A New Jersey software entrepreneur has launched a global initiative to train high-school students in Microsoft technologies that can help them jumpstart a career in information technology. “The biggest challenge currently facing […]

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