MUMBAI (TIP): With an agrararian crisis looming over the country’s farm production, Reserve Bank of India has asked banks to ensure that borrowers engaged in activities related to agriculture are hedging agaist agri commodity price […]
NEW DELHI (TIP): Germany’s defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said Berlin stood ready to back […]
NEW DELHI (TIP): British telecom giant Vodafone has sold its 4.2% holding in Bharti Airtel for $200 million to comply with rules that bar cross-holding between rivals. The company said the move follows the new […]
NEW DELHI (TIP): American clothing and accessories chain Gap is finally set to open its first store in India on Saturday. The company has partnered with Indian textile giant Arvind to open 40 stores in […]
WASHINGTON (TIP): The U.S.-India Business Council (USIBC) led a series of discussions and meetings between top executives of the media industry and senior Government of India officials to discuss how opportunities can support the recent […]
TOKYO (TIP): Japan’s Prime Minister Shinzo Abe announced on Thursday a $110 billion investment plan for infrastructure projects in Asia in an apparent counter to China’s move to launch a new development bank. Abe said […]
NEW DELHI (TIP): Low-cost carrier SpiceJet Ltd, which came close to collapsing in December after running out of cash to pay its creditors, is looking to raise an additional 3 billion rupees ($47 million) and […]
MUMBAI (TIP): The $17-billion automotives-to-software Mahindra Group (M&M) is buying a 33% stake in Japanese conglomerate Mitsubishi’s tractors and agricultural equipment division for $25 million, making the Indian major’s first foray in the manufacturing sector […]
NEW DELHI (TIP): China will likely take a 25-30 per cent stake in the Asian Infrastructure Investment Bank (AIIB) and India is likely to be the second-largest shareholder, delegates attending a meeting of the bank’s […]
MUMBAI (TIP): Idea Cellular, part of the Aditya Birla Group, is working on a Rs 7,580-crore ($1.2 billion) deal to sell its independent towers, drawing the interests of Malaysia’s Axiata, Bharti Infratel and American Tower […]
During his China visit, Prime Minister Modi has been unusually forthright in speaking about the problems that hold back the India-China relationship. He probably feels that his desire to strengthen ties with China being so clear, […]
WASHINGTON: The US-India Business Council (USIBC) comprising more than 300 top-tier US and Indian companies advancing commercial ties between the two countries has inducted six global business leaders to serve as members of the board. The […]
NEW DELHI (TIP): The government on Thursday began consultations on FDI in B2C e-commerce amid a sharp divide between Indian and foreign players. While domestic companies such as FLIPKART and Snapdeal opposed FDI during a meeting […]
NEW DELHI (TIP): India’s defence ministry has agreed to buy 56 planes from Airbus for$1.87 billion, as Prime Minister Narendra Modi moves to modernise the country’s military, an official said on May 14. The ministry’s […]
MUMBAI (TIP): The RBI has cleared the decks for ‘tap & pay’ transactions using NFC technology, even as SBI announced the largest contactless card rollout. The RBI’s decision to allow such transactions for up to […]
MUMBAI (TIP): The World Gold Council (WGC) on May 14 announced that the demand for gold in India continues to be stable with a 15 per cent increase in Q1 Calender Year 2015 at 191.7 […]
NEW DELHI (TIP): The Supreme Court on May 14 turned down pleas by various telecom companies, including Bharti Airtel, Vodafone, Idea Cellular and Reliance Telecom, for extension of their 2G spectrum licences, which expired in […]
The government has used the extended session of parliament to pass a new bill in the Lok Sabha as part of its efforts to persuade the nation that it is serious about tackling the problem of […]
BENGALURU (TIP): In 2009, at least five cities were ahead of Bengaluru – India’s technology heartland – on the list of the country’s top real estate markets. [quote_center]Not anymore.[/quote_center] A survey by property data company, […]
Microsoft executive Jerry Nixon confirmed at the company’s Ignite conference held on May 9th, that the upcoming Windows 10 update will be the company’s last version of Windows. Windows is not going away, in fact; Microsoft plans to […]
With the 2016 US presidential elections fast approaching, how will the Indian-Americans – the fastest-growing, 3.2-million-strong minority community – vote? Starting off as a small immigrant group back in the early 1800s, Indian-Americans now account […]
On Saturday in South Carolina, Louisiana Governor and potential 2016 GOP presidential candidate Bobby Jindal accused President Barack Obama of trying to turn the American Dream into the “European nightmare.” Speaking at the Freedom Summit, […]
NEW DELHI (TIP): The government is going ahead with its plans of setting up a Public Debt Management Agency (PDMA) and will start a dialogue with the Reserve Bank of India (RBI) after the budget […]
FRANKFURT (TIP): German luxury carmaker BMW AG increased its profits in the first quarter thanks to strong demand for its expensive SUVs and higher sales in the US and Britain as well as in a […]
BERLIN (TIP): German engineering giant Siemens said on Thursday that it would slash an additional 4,500 jobs worldwide, on top of 7,400 cuts previously announced as part of an ongoing restructuring plan. Some 2,200 of the latest job cuts will be […]
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