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HomeBusiness & Economics

Business & Economics

No Picture
Business & Economics

Rupee fall to make petrol, diesel costlier

May 8, 2015 - 1:45 pm EDT @theindpanorama 1

NEW DELHI (TIP): The rupee’s fall against the greenback spells bad news for fuel consumers who would have to pay more for petrol and diesel if the currency’s weakness persists. The rupee dipped to a […]

By Venkatesh Nayak
Business & Economics

Busting the government myths around land acquisition law 

May 8, 2015 - 9:15 am EDT @theindpanorama 1

A big question that is begging a credible answer today is- why is the National Democratic Alliance (NDA) government hell bent on road rolling amendments on to the land acquisition law without even implementing it despite  vociferous opposition […]

No Picture
Business & Economics

New mechanism to check bank loan frauds

May 8, 2015 - 12:48 am EDT @theindpanorama 1

MUMBAI (TIP): The RBI on Thursday put in place a new framework to check loan frauds including by way of early warning signals at banks and red flagging of accounts, while swindlers will have no […]

Business-News
Business & Economics

Indian tech start-ups woo talent back from America – Offer massive perks

May 1, 2015 - 4:30 pm EDT @theindpanorama 1

India’s IT industry has long been seen as a back-office backwater, even by its own engineers who started moving abroad in their droves in the 1970s. After losing top engineering talent for years to America’s […]

Business-News
Business & Economics

Roswell Park spinoff, Indian pharma company start joint venture in New York

May 1, 2015 - 4:18 pm EDT @theindpanorama 1

A major Indian pharmaceutical company is forming a joint venture with a startup life-sciences company in Buffalo that grew out of research conducted at Roswell Park Cancer Institute. AMI Organics, which has two manufacturing sites […]

intelliswift
Business & Economics

Indian American owned Intelliswift acquires Magagnini Network

May 1, 2015 - 4:15 pm EDT The Indian Panorama Staff - TIP Bureau 1

Intelliswift Software, Inc. a leading software solutions company, announced the acquisition of Magagnini Network. This is a great opportunity for Magagnini’s marquee clientele to leverage Intelliswift’s global foot print and broad portfolio of service offerings. […]

No Picture
Business & Economics

India won’t provoke conflict, befitting reply if attacked at Pakistan border: Rajnath Singh

May 1, 2015 - 4:11 pm EDT @theindpanorama 1

India on Thursday April 30, said it will never “provoke” a conflict at the border with Pakistan but will not back off if there is any attack, asserting a befitting reply will be given.   […]

No Picture
Business & Economics

Nazi museum opens at old party headquarters in Munich

May 1, 2015 - 4:10 pm EDT @theindpanorama 0

In 1930, Adolf Hitler established the headquarters of the National Socialist German Workers‘ Party in an upscale part of Munich. On Thursday April 30, the 70th anniversary of the city’s liberation by US troops, the […]

Winter freezes
Business & Economics

Winter freezes US economy in first quarter

May 1, 2015 - 2:54 pm EDT @theindpanorama 1

WASHINGTON (TIP): US economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending, but there are signs activity is […]

No Picture
Business & Economics

Gove eases incorporation of business, process to take just 1 form

May 1, 2015 - 2:52 pm EDT @theindpanorama 1

NEW DELHI (TIP): Entrepreneurs keen on setting up new enterprises will be able to incorporate one by filing just one form starting May 1 against eight separate forms earlier, as part of the government’s drive to […]

No Picture
Business & Economics

Maruti Suzuki sales surge 27 per cent to 1,11,748 units

May 1, 2015 - 2:52 pm EDT @theindpanorama 1

NEW DELHI: Country’s largest carmaker Maruti Suzuki India (MSI) reported a 29.6 per cent rise in total sales in April at 1,11,748 units against 86,196 units in the corresponding period last year. The company said […]

No Picture
Business & Economics

Samsung’s profit sinks 39%as mobile profit shrinks

May 1, 2015 - 2:51 pm EDT @theindpanorama 1

SEOUL (TIP): Samsung Electronics Co. said its first-quarter net income has plunged 39%as the smartphone business saw its profit shrink to less than half from a year earlier. The company reported Wednesday that its January-March […]

New York based eminent attorney Anand Ahuja
Business & Economics

Unborn Children and their Constitutional Rights

May 1, 2015 - 11:53 am EDT @theindpanorama 1

A 33-year-old Indian-American woman Purvi Patel has recently been sentenced to 30 years in prison in Indiana for feticide and child maltreatment. The verdict makes Patel the first woman in the U.S. to be charged, convicted and […]

No Picture
Business & Economics

US successfully tests bullets that can change course midair

Apr 30, 2015 - 12:50 pm EDT @theindpanorama 0

WASHINGTON: Now you don’t have to be a good shooter to hit the mark. The US military has successfully tested self-steering “smart” bullets that have a real-time guidance system to track targets and can change […]

With United Spirits asking its own chairman Vijay Mallya to quit, the majority owner Diageo today said its "contractual obligations" to support his presence would not apply in the event of "defaults" by the Indian businessman and his group firm UB Holdings Ltd. (PTI)
Business & Economics

Vijay Mallya: Faces Exit – From bad to worse for ‘King of Good Times’

Apr 27, 2015 - 3:39 pm EDT @theindpanorama 0

NEW DELHI: Things appear to be going from bad to worse for Vijay Mallya, once known as ‘King of Good Times’, with the board of a company he nurtured into India’s largest liquor maker asking […]

Calyx Group
Business & Economics

Calyx Group Revolutionizes Real Estate Industry

Apr 24, 2015 - 2:35 pm EDT @theindpanorama 1

Pune, India April 24th 2015. Calyx group, one of the leading real estate companies has set a new trend across the property industry. Their exciting offers and spectacular constructions have bagged sale of more than […]

PF Image
Business & Economics

Now, tax to be levied on PF withdrawn before five years

Apr 24, 2015 - 1:26 pm EDT @theindpanorama 4

NEW DELHI (TIP): While the Modi government is allaying perceptions of tax terrorism among foreign investors and projecting a pro-poor stand to counter opposition allegations, a peculiar clause in the Finance Bill can undo its […]

No Picture
Business & Economics

RBI CHANGES PRIORITY SECTOR LENDING NORMS

Apr 24, 2015 - 1:24 pm EDT @theindpanorama 1

MUMBAI (TIP): The Reserve Bank of India has revised the priority sector lending norms which direct banks to lend to certain segments by prescribing targets as a percentage of their total business. The new norms […]

No Picture
Business & Economics

DEUTSCHE BANK FINED RECORD $2.5 BILLION IN RATE RIGGING INQUIRY

Apr 24, 2015 - 1:21 pm EDT @theindpanorama 1

LONDON/NEW YORK (TIP): US and British regulators fined Deutsche Bank$2.5 billion and its British subsidiary pleaded guilty to criminal wire fraud on Thursday as it became the eighth financial group to settle allegations of rigging […]

No Picture
Business & Economics

YES BANK READIES US LISTING PLAN

Apr 24, 2015 - 1:20 pm EDT @theindpanorama 0

MUMBAI (TIP): Yes Bank is gearing up to become the third Indian bank to have its shares listed on American stock exchanges. The youngest private bank has received a go-ahead from its board to raise […]

farmers-protest-l1
Business & Economics

India’s Land Acquisition Act: Bonanza for Rulers & their Financiers

Apr 23, 2015 - 8:39 pm EDT Dave Makkar 1

India has a long history of its ruler’s fascination with farm land. Whether it was ancient Kings or Moghuls or British invaders turned rulers as well as the current rulers after independence; every one has […]

wall streel Image
Business & Economics

Indian-Origin Speed Trader Arrested in UK For Role in 2010 US ‘Flash Crash’

Apr 23, 2015 - 7:11 pm EDT @theindpanorama 2

WASHINGTON:  A high-frequency trader of Indian origin was arrested in the United Kingdom over charges he manipulated the futures market and played a role in sparking the May 2010 “flash crash”, the US Justice Department said […]

ARUN JAITLEY
Business & Economics

ARUN JAITLEY PUSHES US FOR TOTALIZATION PACT

Apr 17, 2015 - 3:36 pm EDT @theindpanorama 0

NEW DELHI (TIP): Finance minister Arun Jaitley has urged US authorities to create a framework that would help Indian workers to get back $3 billion annually, which they contribute as social security in the US. […]

Suresh Prabhu
Business & Economics

Need $60bn a year to power growth: Suresh Prabhu

Apr 17, 2015 - 3:35 pm EDT @theindpanorama 1

NEW DELHI (TIP): Railway minister Suresh Prabhu on Thursday said that the country needs around $50-60 billion in investment every year. Speaking at an award function held in the capital, Prabhu said that the country’s […]

No Picture
Business & Economics

Successful Indian companies fuelling UK economy: Study

Apr 17, 2015 - 3:34 pm EDT @theindpanorama 0

LONDON (TIP): The success of Indian companies is fuelling the British economy through job creation and high revenues, states a study. ‘India meets Britain — India Tracker 2015’ developed by professional services major Grant Thornton […]

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