Mumbai: Swiss banking group Julius Baer has finally set up shop in India, almost three years after acquiring DSP Merrill Lynch’s domestic wealth management business. The launch was deferred on account of a delay in approvals […]
By declaring a ceasefire with effect from 3.30 a.m. on 23 September 1965, did India miss an opportunity to attain decisive victory over Pakistan? Yes, according to the existing narrative, which attributes the ceasefire decision […]
KOLKATA (TIP): BCCI president Jagmohan Dalmiya died, Sunday, September 20, of cardiac arrest, at the age of 75. Dalmiya was admitted to the BM Birla Heart Research Institute on September 17 night after he complained of […]
Japanese electronics giant Sony Corp has hitched itself on to the Make in India bandwagon. The company is getting back to manufacturing in India, after nearly a decade with plans firmed up for two models […]
Come September, and we have been used to expecting to come across an announcement of the annual gala of Nargis Dutt Memorial Foundation. A much awaited signature event of the Foundation for 31 years, it […]
MUMBAI (TIP): Reserve Bank relaxed norms for banks to grant certain loans to their CEOs and directors by doing away with the prior approval requirement. Section 20 of Banking Regulation Act, 1949 (B.R. Act, 1949) […]
KOLKATA (TIP): Lenovo India Pvt. is eyeing the top position in the Indian PC market by March, its Marketing Director – India & South Asia, Bhaskar Choudhuri said. The company also aims to grab the […]
MUMBAI (TIP): The Central Board of Direct Taxes (CBDT) wants to make it easier to pay taxes in India. And the measures to be introduced in the near future, after obtaining an internal committee’s report, […]
SURAT (TIP: Like De Beers, Rio Tinto and other mining companies, the world’s largest diamond mining company Alrosa too has decided to lower its rough diamond prices by 8-10 per cent for its September sale. […]
NEW YORK (TIP): In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group’s prized Plaza and Dream Downtown hotels here. Hong Kong-based JTS Trading had approached the […]
10 entities, including Ujjivan Financial Services and Equitas Holdings, on Wednesday got RBI’s approval to set up Small Finance Banks to provide basic banking services to small farmers and micro indus-tries. Other entities to get the […]
New Delhi, 17th September 2015: Hero Cycles, world’s largest bicycle manufacturer by volume, today announced its acquisition of Firefox Bikes in an all-cash transaction, India’s largest premium bicycle brand, as part of its strategy to further cement its […]
Sun Pharmaceutical has acquired InSite Vision, a US-based specialty ophthalmic product maker, in a $48 million (about Rs 320 crore) deal. The acquisition will enable Sun Pharma, India’s largest drug maker by revenue, to grow […]
Ahmedabad: Mr Chen Yuehua, Guangdong’s Deputy Director General of Department of Commerce, has announced that Indian and Chinese firms have signed 15 Memorandum of Understanding (MoUs) worth US$ 590 million at the China-India (Gujarat) Economic […]
NEW DELHI (TIP): Eight years after changing the way we use mobile phones with the first iPhone, Apple has once again heralded a big change in world’s best-selling gadget iPhone. The new iPhones, named iPhone […]
BERLIN (TIP): Audi sold fewer cars in August than luxury rivals BMW and Mercedes-Benz as Volkswagen’s flagship brand has been harder hit by falling demand in China than its German peers. Audi said on Sept […]
MUMBAI: Market regulator Sebi on Thursday ordered B Ramalinga Raju and his family, the former promoters of fraud-ridden erstwhile Satyam Computers, to return Rs 1,803 crore of their ill-gotten money plus interest for over six-and-a-half […]
CAIRO (TIP): In a few short years, if everything goes according to plan, Egypt will have new megaprojects, special investment zones and power plants fueled by the largest offshore gas field in the Mediterranean. But […]
SINGAPORE (TIP): Oil prices eased in Asia on September 10 as dealers focused on an upcoming US energy report for clues about production and demand in the world’s top crude consumer amid abundant global supplies. […]
Sameer Hinduja, an Indian-American cyberbullying expert has received a grant of $188,000 from Facebook to study cyberbullying and dating violence among teenagers in US. The overarching goal of this study is to illuminate the nationwide […]
During January-July 2015, Indian companies raised Rs 17,124 crore (US$ 2.54 billion) through Qualified Institutional Placement (QIP) route for the purpose of business expansion, debt refinancing and working capital requirements. Qualified institutional placement (QIP) is […]
A mobile app launched by Indian American banker Jay Sidhu and his daughter Luvleen can revolutionise the global banking industry into completely phone-app based banking system, a media report said. Jay Sidhu, chairman and CEO of […]
An Indian-American woman has made it to the list of the top 30 female Business leaders in Austin Business Journal’s “2015 Profiles in Power & Women of Influence”, a media report said. Rina Patel, area president for Wells Fargo in Austin, was recognised […]
U.S. President Barack Obama will award Indian-American Pulitzer Prize winning author Jhumpa Lahiri, the 2014 National Humanities Medal, which honors those who have widened the public’s engagement with literature and “deepened the nation’s understanding of […]
MUMBAI (TIP): As Governor Raghuram Rajan, known for his hawkish approach to inflation, completes tumultuous two years at RBI on Friday, calls for rate cuts have become shriller with the finance ministry raising alarm bells […]
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