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HomeBusiness & Economics

Business & Economics

Prime Minister Narendra Modi with Sri Lankan President Maithripala Sirisena during an agreement signing ceremony in Colombo.
Business & Economics

Sri Lanka as Indian Ocean pivot

Mar 20, 2015 - 1:04 pm EDT @theindpanorama 1

Prime Minister Modi should be congratulated for his bold decision to visit Sri Lanka for a bilateral visit, after Rajiv Gandhi in 1987. Perhaps, Modi has no internal political pressures or coalition objections that had prevented […]

web2-the-find
Business & Economics

e-commerce firm “THE FIND” founded by Indian Americans acquired by Facebook

Mar 17, 2015 - 7:03 pm EDT @theindpanorama 3

Facebook had been in-talks with ‘The Find’ for the past few weeks and the deal was finally done this week for an undisclosed amount.  e-commerce firm “TheFind” was co-founded in 2006 by Indian American CEO Siva […]

SPECTRUM BIDS INDIA PROFITS
Business & Economics

SPECTRUM BIDS NEAR RECORD HIGH AT RS 1 LAKH CRORE

Mar 14, 2015 - 11:07 am EDT @theindpanorama 2

NEW DELHI (TIP): Government appears on course to reap a record windfall from spectrum sale as bids reached Rs 1.02 lakh crore mark on Thursday, a shade lower than the Rs 1.06 lakh crore raised […]

ALLEN SOLLY
Business & Economics

ALLEN SOLLY AIMS TO BECOME RS 1,000 CRORE BRAND BY FY16

Mar 14, 2015 - 11:06 am EDT @theindpanorama 1

KOLKATA (TIP): Allen Solly, part of Aditya Birla Group’s Madura Fashions, aims to be a Rs 1,000 crore brand by FY16. “In FY15, we are looking at Rs 800 crore topline from Rs 550 crore […]

No Picture
Business & Economics

INSURANCE INFLOWS LIKELY TO HIT RS 62K CRORE, PES MAY STEP IN

Mar 14, 2015 - 11:05 am EDT @theindpanorama 1

MUMBAI (TIP): The Insurance Laws (Amendment) Bill has been hanging fire since 2008. Several global insurers have since gone bust and many have shrunk their empires. Companies such as UK’s Standard Life and Aviva are […]

No Picture
Business & Economics

Infra firm AECOM to expand in India

Mar 14, 2015 - 11:04 am EDT @theindpanorama 1

NEW DELHI (TIP): Looking to expand in India, US-based infrastructure design and consultancy giant AECOM plans to hire 1,500 new employees here as it prepares to participate in initiatives like ‘Smart Cities’ and ‘Make in […]

No Picture
Business & Economics

Government plans radical changes in EPF law

Mar 14, 2015 - 11:04 am EDT @theindpanorama 1

NEW DELHI: The government is looking at sweeping changes to the law governing Employees Provident Fund (EPF) and has suggested doing away with the mandatory 12% contribution by employees in certain cases, while retaining the […]

David Usborne | The Independent
Business & Economics

It is more about hurting Obama

Mar 13, 2015 - 8:24 am EDT @theindpanorama 1

What the senators did could technically count as treason. The good news is that Republicans in the Senate have noticed that their government is involved in a negotiation with Iran to prevent it acquiring a nuclear […]

Cricket optimism
Business & Economics

The Business End, with Optimism

Mar 13, 2015 - 8:22 am EDT @theindpanorama 1

It is fitting that the 30th anniversary of India’s defining victory in the World Championship of Cricket, which was celebrated this week, has coincided with the current team’s stirring run in the World Cup. Sunil Gavaskar’s […]

Vinod Mehta
Business & Economics

Former Outlook Editor Vinod Mehta passes away after prolonged illness at 73

Mar 9, 2015 - 9:54 am EDT @theindpanorama 1

NEW DELHI (AP) — Vinod Mehta, founding editor of India’s Outlook magazine and a fearless and irreverent commentator on Indian politics, died Sunday. He was 73. Mehta died of multiple organ failure at New Delhi’s […]

No Picture
Business & Economics

PM Modi furious with absent MPs after humiliation in Rajya Sabha

Mar 9, 2015 - 6:47 am EDT @theindpanorama 1

  NEW DELHI (TIP): A day after the government faced embarrassment due to division of votes in Rajya Sabha over an amendment to the President’s address, an ‘unhappy’ Prime Minister Narendra Modi on Feb 4 […]

oil prices up
Business & Economics

Oil up in Asia trade despite US inventories rise

Mar 8, 2015 - 12:03 am EST @theindpanorama 1

SINGAPORE (TIP): Oil prices climbed in Asian trade as signs that a refineries strike in the United States is weakening overshadowed a rise in US crude stocks, analysts said. US benchmark West Texas Intermediate added […]

Finance Minister Arun Jaitleyleaves his office to present the 2015-16
Business & Economics

BUDGET 2015-16 GOES FOR GROWTH, INVESTMENT

Mar 7, 2015 - 11:23 pm EST @theindpanorama 1

NEW DELHI (TIP): Finance Minister Arun Jaitley on Feb 28 announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital […]

No Picture
Business & Economics

China says ‘Mausam’ can be linked to ‘One Belt One Road’

Mar 7, 2015 - 11:00 pm EST @theindpanorama 1

NEW DELHI (TIP): As Prime Minister Narendra Modi braces to firm up New Delhi’s bid to countervail Chinese President Xi Jinping’s “One Belt One Road” initiative, Beijing has now suggested that India’s own efforts to […]

INVESTMENT PROPOSALS
Business & Economics

INVESTMENT PROPOSALS DON’T MEET PROMISES

Mar 7, 2015 - 9:16 am EST @theindpanorama 0

NEW DELHI (TIP): Investment proposals by corporates are generally associated with improving business sentiment and often linked with the possibility of job creation. The comparison of proposed investment with actual implementation and job creation in […]

Maruti told to pay Rs 1L to sacked employes
Business & Economics

Maruti told to pay Rs 1L each to 425 sacked workers

Mar 7, 2015 - 9:15 am EST @theindpanorama 1

GURGAON (TIP): A labour court in Gurgaon has directed automobile major Maruti Suzuki India Ltd to pay Rs 1 lakh each as compensation to 425 workers, who were sacked after violence in the company’s Manesar […]

RBI
Business & Economics

RBI eases norms for home loans for up to Rs 10 lakh

Mar 7, 2015 - 9:14 am EST @theindpanorama 1

NEW DELHI: Giving a boost to affordable housing, the RBI eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost […]

No Picture
Business & Economics

China’s 7% growth target lowest in 20 yrs

Mar 7, 2015 - 9:13 am EST @theindpanorama 0

BEIJING (TIP): China has set a growth target of 7% for 2015, lowest in two decades. This lowered target reflects declining exports and foreign investments, besides the government’s fear of slipping into a “middle income […]

Govt mulls regulating air fares
Business & Economics

Govt mulls regulating air fares again

Mar 7, 2015 - 9:13 am EST @theindpanorama 1

NEW DELHI (TIP): The aviation ministry has again proposed regulating fares to prevent airlines from charging exorbitant prices in crunch times. Union minister of state for aviation Mahesh Sharma admitted that airlines ‘gamble’ by charging […]

Budget a Fraud in the name of Ramrajya
Business & Economics

BJP government’s Budget: a Fraud in the name of Ramrajya

Mar 7, 2015 - 1:29 am EST @theindpanorama 1

BJP, the Party that promised to bring Ramrajya under the leadership of modern Ram PM Narendra Damodardas Modi has defaulted on its promise. It looks like it was election rhetoric (Chunavi Jumla in the language of […]

india budget
Business & Economics

India budget ‘a step in the right direction’ – Realistic Approach

Mar 1, 2015 - 3:27 am EST @theindpanorama 1

The 2015 budget “will further reignite our growth engine, signaling the dawn of a prosperous future,” wrote PM Modi on Twitter, referring to his government’s recently unveiled budget, widely viewed as business-friendly. On February 28, […]

HONDA CEO TO STEP DOWN
Business & Economics

HONDA CEO TO STEP DOWN AMID AIR BAG CRISIS

Feb 27, 2015 - 8:36 am EST @theindpanorama 2

TOKYO (TIP): Honda Motor Co hurt by falling sales and embroiled in a crisis over defective air bags is replacing its CEO. The Japanese automaker said on Tuesday that Takanobu Ito, its president and chief […]

CEMENT PRICES LIKELY TO GO UP
Business & Economics

CEMENT PRICES LIKELY TO GO UP AS RAILWAYS INCREASE FREIGHT RATES

Feb 27, 2015 - 8:34 am EST @theindpanorama 1

MUMBAI (TIP): Cement prices across the country are likely to go up by Rs 3-5 per 50 kg bag following railway minister Suresh Prabhu’s proposal to increase freight rates in his maiden budget. Cement producers […]

No Picture
Business & Economics

MRC Nagar deal a shot in the arm for Tata Coffee

Feb 27, 2015 - 8:33 am EST @theindpanorama 2

CHENNAI (TIP): As the property earns a rental of 65 per sq ft per month, the annual returns on investment for Tata Coffee will be 10.8%, higher than the industry average of 10% returns for […]

scmid
Business & Economics

SC okays spectrum sale

Feb 27, 2015 - 8:32 am EST @theindpanorama 1

NEW DELHI (TIP): The Supreme Court on February 26 refused to stay spectrum auction in all 17 circles but told the Union government not to finalize the allotment of spectrum even if the successful bidder […]

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