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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
MUMBAI (TIP): In one of the largest financing rounds for an Indian internet startup, taxi-hailing service Ola said it has raised $400 million – or around Rs 2,500 crore – led by Russian tech billionaire […]
The death of Günter Grass on Monday, April 13, a giant German writer of the post-World-War-II era, a novelist, playwright, poet, fine draftsman and a sculptor, who was awarded the Nobel Prize in 1999, has […]
BEIJING (TIP): China’s annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as demand stayed weak, meeting analyst forecasts but fanning expectations that authorities will roll out more […]
The European Union’s competition regulator on Wednesday accused Google of illegally abusing its dominance of the Internet search market in Europe by favoring its own comparison-shopping product when consumers shop online. The case could cost […]
Days after Prime Minister Modi warned the judiciary of dangers posed by five-star activists, the Union Home Ministry cut off foreign funding to Greenpeace for “campaigning against government policies” and “obstructing India’s energy plans”. Among […]
NEW YORK: India-born ex-Goldman Sachs director Rajat Gupta’s conviction on insider trading charges should not be thrown out as the government provided “overwhelming” proof against him for passing on illegal information in return for “expected potential […]
MUMBAI (TIP): Moody’s ratings revised India’s sovereign rating outlook to “positive” from “stable” on Thursday as it expects the actions by policymakers will enhance the country’s economic strength in the medium term. Moody’s also said […]
MUMBAI (TIP): As regulators try to contain one of India’s most spectacular investment scandals, dozens of smaller but similar schemes continue to mushroom, employing tactics similar to the ones that enriched the Sahara group and […]
Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70.2 billion) in the first major energy industry merger in more than a decade, closing the gap on market leader ExxonMobil after […]
NEW YORK (TIP): Investors in US-based mutual funds pulled $1.3 billion out of bond funds in the week ended April 1 as tax deadlines approached for retail investors, data from the Investment Company Institute showed. […]
RSS’ Hindutva baggage is once again haunting Prime Minister Narendra Modi and this time criticism against it has come from an unlikely quarter: the India Inc. According to a report in the Times of India, corporate […]
The White House asked Texas Judge Hanen to stop blocking Obama’s executive orders on immigration. The judge refused, but that might not matter for long, as the appeals court will most likely overturn the ruling. For […]
The attackers managed to gain access to individual passenger accounts on company’s website LH.com,German flag carrier Lufthansa confirmed Friday. The airline has taken prompt countermeasures, but it “had not been able to prevent illicit access […]
Max Schrems, the Austrian law graduate spearheading a class action lawsuit against Facebook for alleged privacy breaches, said ahead oft he preliminary hearing in Vienna on Thursday said he hoped to send a message to […]
ANAND: The family of a 39-year-old man from Anand district in Gujarat, who was shot dead in the USA in an attack, sought the Indian government’s help on Tuesday to get his body back. “We request […]
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