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  • 19 firms to invest rs.1 087 crore in telangana

    19 firms to invest Rs.1,087 crore in Telangana

    July 22, 2015 23:36 IST

    Hyderabad: Toshiba, Micromax, Tata Sikorsky, Air India are among 19 companies which have come forward to invest Rs.1,087 crore in Telangana.Chief Minister K. Chandrasekhar Rao handed over letters of approval to the investors here on

  • railway ministry meets banks heads

    railway ministry meets banks heads

    July 23, 2015 13:35 IST

    New Delhi: The railway ministry and its PSU Indian Railway Finance Corporation hosted a meeting of banks and financial institutions over an investment plan of Rs.8.5 lakh crore in the coming five years to strengthen and

  • india need not worry about us fed lift off nomura

    India need not worry about US Fed lift-off: Nomura

    July 22, 2015 20:59 IST

    Mumbai: With the US Fed reiterating its resolve to break from the seven-year of near zero interest rates this year, Japanese brokerage Nomura today said India does not have to worry much about its impact

  • iran says no emergency in getting oil dues from india

    Iran says no 'emergency' in getting oil dues from India

    July 22, 2015 19:38 IST

    New Delhi:  Ruling out any ‘emergency or urgency' in getting back USD 6.5 billion oil import dues from India, Iran today proposed that a part of this corpus can be invested in Indian projects there—assuaging

  • facility management market to cross usd 19 bn by 2020 report

    Facility management market to cross USD 19 bn by 2020: Report

    July 22, 2015 11:11 IST

    Guwahati: The Indian facilities management market is estimated to grow 17 per cent to cross USD 19 billion mark over the next five years, says a report.“The swiftly growing services sector is creating huge potential

  • kfc partners with irctc to serve meals on trains

    KFC partners with IRCTC to serve meals on trains

    July 22, 2015 10:48 IST

    New Delhi: People travelling in trains can now enjoy KFC's meals on board as the fast food chain has tied up with IRCTC (Indian Railway Catering and Tourism Corporation) to start a delivery system for

  • most telecom companies not meeting standards on call drops

    Most telecom companies not meeting standards on call drops: TRAI

    July 22, 2015 10:40 IST

    New Delhi: Amid growing concerns over the call drop issue, Telecom Regulatory Authority of India (Trai) said that most of the telecom companies in Delhi and Mumbai are not meeting the prescribed standards. The regulator further

  • public banks npas up at rs 2.67 lakh crore in fy 2015

    Public banks' NPAs up at Rs 2.67 lakh crore in FY 2015: Jayant Sinha

    July 21, 2015 21:50 IST

    New Delhi: Bad loans at public sector banks have increased to Rs 2.67 lakh crore at the end of March 2015 from Rs 2.16 lakh crore a year ago, minister of state for finance Jayant

  • brics bank opens for business in china

    BRICS bank opens for business in China

    July 21, 2015 11:10 IST

    Shanghai: The New Development Bank (NDB) floated by the BRICS nations, including India, to step up infrastructure funding in the emerging economies formally started its operations at its headquarters here today. Chinese Finance Minister Lou Jiwei,

  • foreign investment caps remain in bank defence nirmala

    Foreign investment caps remain in bank, defence: Nirmala Sitharaman

    July 20, 2015 21:09 IST

    New Delhi:  After India clubbed categories of foreign capital flowing into domestic companies, Commerce Minister Nirmala Sitharaman on Monday said foreign institutional investment (FII) limits in the banking and defence sector have been retained at

  • stringent pmla to apply if foreign assets not disclosed by

    Stringent PMLA to apply if foreign assets not disclosed by Sep 30

    July 20, 2015 17:30 IST

    New Delhi:  Those holding illegal foreign assets abroad and not disclosing it by September 30 will also face action under the stringent anti-money laundering law, the taxman has warned.An advertisement published by the Income Tax

  • hindustan zinc increases miner safety installs refuge

    Hindustan Zinc increases miner safety; installs refuge chambers

    July 20, 2015 16:43 IST

     New Delhi:  To increase underground safety parameters, Zinc-Lead-Silver miner Hindustan Zinc on Monday said it has installed seven refuge chambers in  its Rajasthan-based mines.According to the Vedanta Group company, the refuge chambers can be used

  • greek banks re open after three weeks

    Greek banks re-open after three weeks

    July 20, 2015 14:39 IST

    Athens: Banks in Greece re-opened on Monday after three weeks of closure sparked by the deadlock over the country's debt, a media report said.People will be now able to withdraw up to 420 euros (about

  • jaitley warns of threat to job creation if investments

    Jaitley warns of threat to job creation if investments blocked

    July 20, 2015 14:26 IST

    New Delhi: Amid Unions opposing labour reforms, Finance Minister Arun Jaitley on Monday warned of a threat to job creation if investments were blocked and appealed not to persist with ideas that harm economic activity.A

  • government sets up council for export promotion

    Government sets up council for export promotion

    July 19, 2015 23:56 IST

    New Delhi:  In view of continuous decline in exports over a half-year period, the Indian government has set up a promotion council to be chaired by the union commerce minister and comprising state trade and commerce

  • income tax department to bring 1 crore new people under tax

    Income tax department to bring 1 crore new people under tax net this fiscal

    July 19, 2015 23:23 IST

    New Delhi: The Income Tax department has launched a drive with the aim of bringing one crore new taxpayers under its net, after the government recently asked the taxman to achieve the target within the

  • i t dept to bring 1 crore new people under tax net this

    I-T dept to bring 1 crore new people under tax net this fiscal

    July 19, 2015 14:04 IST

    New Delhi: The Income Tax department has launched an ambitious drive to bring under its net one crore new taxpayers after the government recently asked the taxman to achieve the target within the current fiscal.

  • global tax regime must protect developing nations india

    Global tax regime must protect developing nations: India

    July 18, 2015 17:55 IST

    Addis Ababa:  India has pitched for a global tax regime built into the UN process, rather than being looked at from the point of view of rich countries, in a bid to curb illegal financial

  • government committed to implement goods and services tax

    'Government committed to implement Goods and Services Tax'

    July 18, 2015 8:29 IST

    New Delhi : The government remains committed to roll out the Goods and Services Tax (GST) from April next year, a senior official said on Friday."The GST Council would be constituted after the enactment of

  • high lead content in 1 batch can t justify blanket ban

    High lead content in 1 batch can't justify blanket ban: Nestle India

    July 17, 2015 20:13 IST

    Mumbai:  Nestle India, manufacturer of Maggi noodles, told the Bombay High Court today that a certain batch of its instant food product may have contained lead beyond permissible limit but government's decision to impose a

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