MELBOURNE (TIP): Indian mining giant Adani’s plan to build one of the world’s largest coal mines got a new lease of life on Thursday after the Australian government gave its re-approval to the 16.5 billion […]
MUMBAI (TIP): Financial services major Reliance Capital on October 15 announced a major ESOP scheme under which select employees across all major operating businesses would be granted stock options with a notional value of Rs […]
Apple faces a hefty legal bill after a jury found it guilty of using technology owned by a US university without permission. The licensing arm of the University of Wisconsin claims Apple’s A7 chip infringes on […]
MUNICH (TIP): German automaker Audi AG sold 170,900 cars in September, a year-on-year increase of 6.8 percent, marking the company’s best September sales figures ever, the firm said. A total of around 1,347,950 Audi cars […]
MUMBAI (TIP): Axis Bank has become the first lender to offer corporates a mobile-based solution that fully integrates with the company’s own back-end computer networks. This offering, aimed at beefing up the bank’s transaction banking […]
WASHINGTON (TIP): Volkswagen’s US chief revealed he knew more than a year ago that the group’s cars possibly breached pollution rules, as he prepared to apologize Thursday before Congress over the massive scandal. In testimony […]
In a report dated 6 October 2015 Moody’s says “more than 60% of all (terrorist) incidents in 2013 were concentrated in just four countries. Iraq (24% of terrorist incidents, Pakistan 19%, Afghanistan 12% and India […]
London: An Indian woman employee at the London office of IT major Wipro has filed a suit agains the company seeking over a million pounds as compensation for alleged sexual discrimination, unequal pay and unfair […]
New Delhi, 6th October, 2015: Hero Cycles, world’s largest bicycle manufacturer, witnessed the highest monthly sales by any cycle company in India after managing to sell 5.39 lakh cycles in September. The jump in sales saw the […]
Edelweiss Alternative Asset Advisors Ltd, part of diversified financial services firm Edelweiss Group, is raising up to $1 billion for its first residential real estate fund, a top executive said. Also, Edelweiss Financial Services is […]
NEW DELHI (TIP): Global growth will be likely weaker this year than last with only a modest acceleration expected in 2016, International Monetary Fund chief Christine Lagarde said on Wednesday, and reiterated that India remains […]
Massive levels of pollution are being emitted by diesel vehicles built by a wide range of carmakers, according to tests carried out by one of the world’s biggest independent motoring organizations. The findings are a further […]
NEW DELHI (TIP): Maruti Suzuki India, country’s largest carmaker, on Thursday reported 3.7 per cent rise in total sales in September at 1,13,759 units as against 1,09,742 units sold in the same month last year. […]
NEW DELHI (TIP): Ethnic groups’ protests have erupted in Nepal after the Himalayan nation adopted its first democratic constitution in Sep, 2015. Nepal saw an end to a decade-long Maoist insurgency in 2006 and abolished […]
In a surprise move Reserve Bank Governor Raghuram Rajan on Tuesday, Sep 29 announced to cut repo rate by 50 basis points to 6.75 per cent. The governor said many conditions laid down by the RBI […]
Logistics data start-up company LogiNext has got support from mobile commerce platform Paytm, which will invest $10 million in the first round of institutional funding for the firm. The move is in line with Paytm’s […]
SEOUL (TIP): Oil prices pared some losses on Thursday after sharp falls overnight on an unexpectedly large buildup in US gasoline stocks and seasonally tepid demand. The global benchmark November Brent contract had climbed 44 […]
MUMBAI: Despite the two-wheeler industry de-growing from many months in a row, Honda Motorcycle & Scooter India has set new record by selling over 1 million of its flagship scooter Activa during the first five […]
NEW DELHI (TIP): Introducing the revamped version of its hatchback, Ford India launched the Ford Figo hatchback at a starting price of Rs 4.29 lakh (ex-showroom Delhi). While the petrol version prices go up to […]
Five years ago, the book world was seized by collective panic over the un certain future of print. As readers migrated to new digital devices, e-book sales soared, up 1,260% between 2008 and 2010. Print sales […]
BENGALURU (TIP): The Reserve Bank of India is likely to cut interest rates for the fourth time this year at a policy review next week, as falling energy prices have cooled inflation and the economy […]
Two Presidents have rejected the Gujarat Control of Terrorism and Organized Crime Bill, including APJ Abdul Kalam whom the BJP claims to revere. The Union Home Ministry has cleared the Gujarat Bill, which now awaits […]
To merit UN permanent membership India needs to demonstrate that it has the gravitas to play a bigger role. Countering IS through its vast Islamic scholarship, and offering Europe help in dealing with the refugee […]
MUMBAI (TIP): India is looking to step up the pedal over its ambitious Chabahar port project in Iran by signing an international transit corridor agreement with Iran and Afghanistan. One of the reasons why the […]
WASHINGTON, UNITED STATES: PepsiCo Chairman Indra Nooyi and Hindustan Times Group chairperson Shobhana Bharatia have been presented with the 2015 Global Leadership Award of the US India Business Council, for their commitment to driving a more […]
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