PUNE (TIP): German luxury carmaker Mercedes-Benz on June 11 rolled out its sixth locally assembled model, the GLA Class of SUVs, and also formally commissioned the third assembly line at its plant near here. The […]
NEW DELHI (TIP): Equity mutual funds are in an overdrive as they witnessed addition of nearly six lakh investor accounts or folios in the first two months of the fiscal, mainly on account of strong […]
Thank you for allowing me to share this evening with you. I’m delighted to meet these exceptional journalists whose achievements you honor with the Helen Bernstein Book Award. What happens to a society fed a […]
One year ago there was a tsunami of promises and dreams by the BJP before the elections. But once the BJP came to power it forgot everything. “Since then there has been a complete reversal […]
India-born Padmasree Warrior, one of Silicon Valley’s high-profile female executives, has stepped down from her post of Chief Technology Officer at global IT giant Cisco after a significant restructuring of top management under incoming CEO […]
The results have been mostly positive for India and the surrounding region after Narendra Modi took office. Among other social achievements, Modi’s government has managed to enact important policy reforms, increase public investments in infrastructure, lower food […]
American equities continue their trend of rewarding shareholders in the form of dividends and stock buybacks. The amount in buybacks is expected to reach a staggering $1.2 trillion by year’s end, surpassing the all-time high […]
[quote_box_right]”The key to attracting much needed investment in the country is predictability and transparency in areas like tax and intellectual property. When these principles are consistently applied, business will boom for both the US and India as […]
It seems unlikely that ideas that have powered physics can also help us understand radical Islam. But let us not forget that the emergence of the so-called Islamic State has necessitated an urgent need for new […]
NEW DELHI (TIP): Under its new ownership, SpiceJet has flown back into the black after seven consecutive loss-making quarters. The low cost carrier reported a profit of Rs 22.5 crore in January-March 2015 quarter as […]
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 […]
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