NEW DELHI (TIP): Finance and Defence Minister Arun Jaitley in his budget speech on July 10 announced that foreign companies would now be allowed 49 per cent stake in companies involved in manufacturing military equipment […]
MUMBAI (TIP): The Reserve Bank today relaxed norms for overseas investment by Indian corporates by raising their borrowing limit. “It has, however, been decided that any financial commitment exceeding USD 1 billion (or its equivalent) […]
Excellence in the field of Gems Stones & Jewelry Mr. Sampat Poddar is the founding president and CEO of Byrex Gems Inc. He built the company from its inception to a major supplier of precious […]
PUNE (TIP): Europe’ s top carmaker Volkswagen group has scaled down its India market share target to 7-8% by 2018 against the 20% projected earlier as it struggles to make headway in the highly-competitive market […]
PORT OF SPAIN (TIP): The Global Organization of People of Indian Origin (GOPIO International) concluded its 25th Anniversary (Jubilee) Convention 2014 in Port of Spain in Trinidad & Tobago, with a memorable and highly successful […]
WASHINGTON (TIP): China underestimated its growing defence budget by nearly 20% with its spending likely nearing $145 billion last year, the Pentagon has said. In an annual report required by Congress, the Pentagon said yesterday […]
WASHINGTON, DC (TIP): The U.S.- India Business Council (USIBC), on April 30, called for constructive dialogue on the issue of intellectual property rights (IPR) between industry and the Governments of the United States and India. […]
New Delhi (TIP): Former Telecom Minister A Raja, DMK MP Kanimozhi and 17 others were on April 25 chargesheeted in a special court by the Enforcement Directorate in connection with a money laundering case relating […]
MUMBAI (TIP): L&T Finance Holdings (L&TFH) on Wednesday said that the company would look for the next opportunity to get into banking and would wait for the RBI guidelines before moving ahead. N Sivaraman, president […]
NEW DELHI (TIP): IT services firm HCL Technologies on Thursday posted 59 per cent increase in net profit at Rs 1,624 crore for the quarter ended March 31, 2014. The Noida-based firm had posted a […]
NEW DELHI (TIP): With the Supreme Court proposing the suspension of Chennai Super Kings and Rajasthan Royals from IPL 7 over the spot-fixing and betting scandal, India’s biggest and hottest sports property and BCCI’s most […]
MUMBAI (TIP): To attract more investments into the equity and debt markets, the Reserve Bank of India has decided to put in place a framework for investments which allows foreign portfolio investors to participate in […]
MUMBAI (TIP): With 40 stores in 17 months of its operations, India is the fastest growing market in the history of the Seattle-based iconic American coffee chain Starbucks, according to a company statement. The US-based […]
MINEOLA, NY (TIP): Nassau County Executive Edward P. Mangano announced March 12 that the Nassau Industrial Development Agency (IDA) has approved an economic compact for Lumber Earth Realty, LLC to bring 20 new housing opportunities […]
NEW DELHI (TIP): Toughening its stand against the US, Indian government has decided not to meet the officials of the USITC, a federal American agency which has initiated a probe against domestic trade and investment […]
NEW DELHI (TIP): The Central Bureau of Investigation (CBI) on February 27 busted a massive ponzi scam of Rs 45,000 crore by two Delhi-based private companies of a group, raising money from over five crore […]
NEW DELHI (TIP): Online auction platform eBay is leading yet another round of funding for online marketplace Snapdeal, sparking rumors of a possible buyout. In 2013, eBay lead the first funding round that resulted in […]
MUMBAI (TIP): India has emerged as the biggest fleet owner of business aircraft in the Asia Pacific surpassing China with business houses and high net worth individuals (HNIs) acquiring aircraft. Even during the economic slowdown […]
Each year, the Internal Revenue Service issues a list of “Dirty Dozen” tax scams that can affect taxpayers. This year, the list again runs the gamut from schemes involving taxpayer participation (hiding offshore income) to […]
WASHINGTON (TIP): Indian- Americans, who have the highest income among America’s multicultural groups, save much of their higher household income for their children’s college education, according to a new study. This heavy emphasis on higher […]
NEW DELHI (TIP): Ennore Port Limited (EPL), Chennai and Ford India Private Limited have signed an agreement for export of Ford cars though the Ennore port for a period of 10 years. Speaking on the […]
NEW DELHI (TIP): Prime Minister Manmohan Singh has instructed advancing the planned commissioning of 100,00 Megawatt (Mw) of solar power generation capacity to 2027, against the originally envisaged target of 2031. The long-term target for […]
The India economy, the third largest economy in the world in terms of purchasing power, is going to touch new heights in coming years. As predicted by Goldman Sachs, the Global Investment Bank, by 2035 […]
“The abolition of Privy Purses will remain one of the most shameful events in our constitutional history. The nation saved Rs.4 crore annually but lost its honor. It is equally regrettable that neither the Janata […]
WASHINGTON (TIP): The US Senate has passed the USD 1.1 trillion omnibus spending bill that eliminates the threat of another government shutdown at least until October and puts conditions on Pakistan for continuation of aid. […]
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