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SpiceJet launches booking tool, discount scheme for SME travellers

New Delhi, Sep 23 : To attract small and medium enterprise (SME) business travellers, budget carrier SpiceJet Tuesday launched a scheme which offers up to 10 percent discount.


Regulator's power to cap non-essential drugs' prices withdrawn

New Delhi, Sep 23 : The government has withdrawn the regulator, National Pharmaceutical Pricing Authority's (NPPA) powers of fixing the prices of non-essential medicines.


OPEC daily basket price closes tad lower

Vienna, Sep 23 : The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $94.37 a barrel Monday, compared to $94.44 a barrel last Friday, the OPEC Secretariat said.


Insurers shiver at insurance bill's penalty provisions

Chennai, Sep 23 : Even as they eagerly await the passage of the amended insurance bill, private players are viewing with trepidation the revised provisions relating to penalties, which are to be significantly hiked.


Modi's 'Make in India' pitch to 500 top global CEOs Thursday

New Delhi, Sep 23 : Some 500 top chief executives from across the globe are set to converge at the Vigyan Bhavan convention centre here Thursday to log in to Prime Minister Narendra Modi's "Make in India" campaign at an event reminiscent of the Vibrant Gujarat Summit when he was the state's chief minister, but on a much grander scale.


Sensex trades flat, IT stocks gain

Mumbai, Sep 23 : A benchmark index of Indian equities markets was trading flat in the opening session of trade Tuesday, even as information technology (IT), entertainment, media, technology (TECK) stocks gained.


India second largest smartphone market by 2019: Study

New York, Sep 23 : India is poised to surpass the United States to become the second largest smartphone market by 2019, according to a latest report by Boston-based global market research firm Strategy Analytics.


Dunlop India's Sahaganj plant to reopen shortly

Kolkata, Sep 22 : The Sahaganj plant of tyre makers Dunlop India Limited will be opened soon, the Ruia Group said after a tripartite meeting Monday.


Yamaha launches women helmet range

New Delhi, Sep 22 : Days after Delhi government made helmets mandatory for women pillion drivers, two-wheeler manufacturer Yamaha Motor India Monday launched its helmets range for women and children starting from Rs.990.


Aircel named principal sponsor of Atletico de Kolkata

Kolkata, Sep 22 : Mobile network service provider Aircel was Monday announced as the principal sponsor of Indian Super League (ISL) franchise Atletico de Kolkata.


Sensex gains 116 points; consumer durables stocks rise

Mumbai, Sep 22 : A benchmark index of Indian equities markets recovered after posting initial losses and closed more than 100 points (provisional) up in volatile trade Monday.


Reliance Jio, Indus Towers join hands for tower sharing

New Delhi, Sep 22 : Mukesh Ambani-led Reliance Jio Infocomm has inked an agreement with telecom tower infrastructure provider Indus Towers to share the latter's 113,490 towers.


Crowne Plaza Today Okhla will dish out Indian cuisine at Asiad

New Delhi, Sep 22 : Crowne Plaza Today Okhla has been selected as one of the restaurants to represent Asian cuisine at the 2014 Asiad Games.


Lamborghini launches super sports car Huracan in India

Mumbai, Sep 22 : Super sports car manufacturer Automobili Lamborghini Monday launched its brand new offering in the Indian market-- Huracan, priced at Rs.3.43 crore (ex-showroom Delhi).


Sensex closes above 100 points, consumer goods stocks gain

Mumbai, Sep 22 : A benchmark index of Indian equities markets recovered after posting initial losses and closed above 100 points (provisional) in a volatile trade session Monday.


OPEC daily basket price closes lower

Vienna, Sep 22 : The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $94.44 a barrel Friday, compared to $95.19 a barrel last Thursday, the OPEC Secretariat said.


Rapid urbanisation behind scooter industry growth: Official

Panaji, Sep 22 : Thanks to rapid urbanisation, scooters have beaten other two-wheelers at growth and will reach a market share of 27 percent across India over the next two years, a senior TVS Motors official said Monday.


FICCI-led delegation in US for business opportunity

New Delhi, Sep 22 : Just days ahead of Prime Minister Narendra Modi's visit to the US, a multi-sectoral delegation is visiting the Silicon Valley to explore business opportunity in that country.


Sensex back in green; consumer durables stocks gain

Mumbai, Sep 22 : A benchmark index of Indian equities markets was Monday trading flat at 6.72 points or 0.02 percent up as consumer durables stocks gained.


HTC Global in talks for acquiring US healthcare company

Chennai, Sep 22 : The US-based privately held HTC Global Services - an IT services company - is negotiating to buy a healthcare services company while also looking at boutique firms in the mobility (mobile application) space, a senior official has said.


Sensex down 141 points; banking stocks dip

Mumbai, Sep 22 : A benchmark index of Indian equities markets Monday was trading 141.54 points or 0.52 percent down as banking stocks dipped.


Delhi produces 680 tonnes fish

New Delhi, Sep 21 : A total of 680 metric tonnes fish has been produced in the national capital in this year so far, said a government official Sunday.


'No logic in revised definition of Indian insurance company'

Chennai, Sep 20 : Indian insurers do not see any logic or reason for restricting the rights of foreign promoters while allowing 49 percent foreign direct investment (FDI), said industry officials.


'Keep government, politicians out of broadcast business'

New Delhi, Sep 20 : The national media policy should announce governments and politicians should not be in the business of broadcast, sector regulator Telecom Regulatory Authority of India (TRAI) chairman Rahul Khullar said here Saturday.


Only five percent Indian women in senior corporate posts: Study

New Delhi, Sep 20 : Only five percent of working women in India make it to senior leadership positions in the corporate sector, compared to the global average of 20 percent, said a study released Saturday.


Wal-Mart extends e-commerce platform to Vijayawada, Guntur

Hyderabad, Sep 20 : Wal-Mart India, the fully owned subsidiary of Wal-Mart Stores Inc., the world's leading retailer, is extending its B2B platform to its customers in Guntur and Vijayawada towns of Andhra Pradesh.


Gold price dips below Rs.27,000-level

New Delhi, Sep 20 : Buyers of jewellery may have a reason to cheer as gold prices dipped to the lowest level since July last year, just a few days ahead of the festive season.


ONGC to start oil production from KG block in 2019

New Delhi, Sep 20 : State-run Oil and Natural Gas Corp (ONGC)'s major oil discovery in the Bay of Bengal will start production in 2019, Dinesh K Sarraf, chairman and managing director of the company, said here.


Fruits from Kashmir reaching outside markets

Srinagar, Sep Sep 20 : Over 200 trucks carrying fruits from the Kashmir valley are leaving daily for different parts of the country, the state government said Saturday.


Now shop at online flea bazaar

New Delhi, Sep 20 : Fashionara.com, a women's e-fashion mall, has come up with a unique intitiave titled Flea Bazaar that will bring together a curated collection of off-beat and eclectic products from select sellers and boutiques from across the country.


Sensex, Nifty range-bound around record highs (Weekly Review)

Mumbai, Sep 20 : Healthy buying by foreign and domestic investors on the back of as the US Fed announcement of maintaining a near zero percent interest rates even after the end of its bond-buying programme ends helped markets to remain range bound to 27,000-point mark in the week ended Sep 19.


FPIs continue to invest in Indian markets

Mumbai, Sep 20 : Foreign Portfolio Investors (FPIs) continued to buy into the Indian equities market in the week ended Sep 19, buoyed by the US Fed announcement that it will maintain interest rates to near zero for a "considerable time" even after its bond-buying programme ends, as also stable government policies.


India's forex reserves down $1.61 bn

Mumbai, Sep 20 : India's foreign exchange reserves fell by $1.61 billion to $315.69 billion for the week ended Sep 12, Reserve Bank of India (RBI) data showed.


IRDA fines Aegon Religare Rs.40 lakh for violations

Chennai, Sep 19 : India's insurance regulator Friday announced it has fined private life insurer Aegon Religare Life Insurance Rs.40 lakhs for violations of its regulations.


Fujifilm launches environmental friendly printer's ink

New Delhi, Sept. 19 : Japanese company Fujifilm on Thursday launched a special ultraviolet (UV) ink, which is said to be healthy for the human body as compared to the regular solvent ink. The firm also launched a printer made especially for the ink.


Indian investment in US growing at faster rate: US official

Hyderabad, Sep 19 : With more Indian companies showing interest in opening or expanding their business in the US, the Indian investment there is picking up further momentum, said a top American official.


Vodafone Group CEO to visit India Sep 24

New Delhi, Sep 19 : British telecom major Vodafone Group Chief Executive Officer Vittorio Colao will be visiting India Sep 24.


Sensex closes flat; capital goods decline

Mumbai, Sep 19 : A benchmark index of Indian equities markets closed flat in volatile trade Friday as capital goods, oil and gas and automobile stocks fell.


Sensex closes flat; capital goods decline

Mumbai, Sep 19 : A benchmark index of Indian equities markets closed flat in volatile trade Friday as capital goods, oil and gas and automobile stocks fell on profit booking.


New wireless system to reduce traffic congestion

New York, Sep 19 : Researchers at Massachusetts Institute of Technology (MIT) have developed a new wireless system called RoadRunner that uses GPS like turn-by-turn directions to route drivers around congested roadways.


Axis Bank signs MoU with China Development Bank

New Delhi, Sept. 18 : Axis Bank, India's third largest private sector bank, on Thursday signed a Memorandum of Understanding (MoU) with China Development Bank (CDB), one of the largest policy banks in China.


Infosys, Huawei to jointly offer cloud, big data solutions

Bangalore, Sep 18 : Indian IT bellwether Infosys Ltd and Chinese telecom product major Huawei will jointly offer cloud-based, big data and communication solutions to global enterprises.


Procter and Gamble, Cogent open Telangana plants, Johnson & Johnson begins work

Hyderabad, Sep 18 : Global FMCG major Procter and Gamble Thursday opened its manufacturing plant, Cogent Glass Ltd inaugurated its world-class glass manufacturing plant while global pharmaceuticals and consumer goods manufacturer Johnson & Johnson laid foundation stone for its biggest plan in India, all in Telangana's Mahabubnagar district near here.


Maruti appoints new marketing head

New Delhi, Sep 18 : Passenger car market leader Maruti Suzuki Thursday announced a major management shift after its senior executive for marketing and sales quit the company.


The Wild East Group merges with Exceed Entertainment

Mumbai, Sep 18 : Talent management company Exceed Entertainment and business development agency The Wild East Group have merged into one international entity.


Sensex back above 27,000-mark; gains 480 points

Mumbai, Sep 18 : A day after the US Fed decided to maintain interest rates to near zero for a "considerable time" even after its bond-buying programme ends, a benchmark index of Indian equities markets provisionally closed Thursday 480.92 points or 1.81 percent up.


Made in India FUSO trucks launched in Indonesia

Chennai, Sep 18 : Commercial vehicle maker Daimler India Commerical Vehicles (DICV) and Japan's Mitsubishi Fuso Truck and Bus Corporation Japan have launched two new models, both built in India, in Indonesia.


Reliance Jio, GTL Infra in tower-sharing deal

New Delhi, Sep 18 : Mukesh Ambani-led Reliance Jio Infocomm Thursday announced a pact with GTL Infrastructure to share its telecom towers, as preparations are underway to launch 4G broadband services for which the group has pan-India radio spectrum.


Sensex zooms 480 points up; auto stocks rise

Mumbai, Sep 18 : A day after the US Fed decided not to make any substantial changes in its bond buying programme, a benchmark index of Indian equities markets provisionally closed 480.92 points or 1.81 percent up.


Sensex zooms 462 points up; auto stocks rise

Mumbai, Sep 18 : On the day the US Fed decided not to make any substaintial change in its bond buying program, a benchmark index of Indian equities markets surged 462.72 points or 1.74 percent.


Switch out and recharge battery in electric cars!

New York, Sep 18 : Imagine being able to switch out and recharge the batteries in electric cars just like you do in a flashlight?


SBI controls half the mobile banking share

Mumbai, Sep 18 : With a whopping 11.5 million (1.15 crore) registered users, State Bank of India (SBI) generates around 50 percent of all mobile banking transactions, RBI data revealed here Thursday.


'Smart' cars run greater risk of being hacked

Sydney, Sep 18 : The cars of the future will be safer, smarter and offer hi-tech gadgets but simultaneously the risk of car hacking is also growing, warns a road safety expert.


Sun Pharma to acquire rights for Merck's dermatology drug

Chennai, Sep 17 : In an $80 million deal, India's pharmaceutical major Sun Pharmaceutical Industries Ltd. will acquire worldwide rights to US-based Merck & Co Inc's tildrakizumab, an investigational therapeutic antibody candidate, the company said.


Jammu and Kashmir Bank makes 312 branches, 189 ATMS operational in valley

Srinagar, Sep 17 : The Jammu and Kashmir Bank Wednesday said it has made 312 branches and 189 automated teller machines (ATMs) functional in the Valley.


SEBI extends timeline for appointing women directors by six months

New Delhi, Sept. 17 : The Securities and Exchange Board of India (SEBI) has decided to extend the timeline for companies to have at least woman on their board of directors by six months. The deadline has been extended from October 1 this year to April 1, 2015.


SEBI chairman calls on CII to develop roadmap for integrated reporting

New Delhi, Sept. 17 : Securities and Exchange Board of India (SEBI) chairman U K Sinha on Wednesday stressed on the need to first create awareness and build the environment that is experienced with integrated reporting.


Apollo Tyres to invest 475 mn euros to set up Hungary plant

New Delhi, Sep 17 : Apollo Tyres Wednesday said it will invest 475 million euros over the next five years to setup a green field manufacturing facility in Hungary.


India remains premier back office sourcing destination: Nasscom

Bangalore, Sep 17 : As in software services, India remains a premier sourcing destination for back office services worldwide, with a potential to be a $50 billion industry by 2020 from $23 billion in 2014, a top industry representative said Wednesday.


India remains premier back office sourcing destination: Nasscom

Bangalore, Sep 17 : As in software services, India remains a premier sourcing destination for back office services worldwide, with a potential to be a $50 billion industry by 2020 from $23 billion in 2014, a top industry representative said Wednesday.


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