Maha govt's realty agenda: Reviving property market

Maharashtra's new Chief Minister Devendra Fadnavis has many challenges to deal with as he gets down to business. The new CM is understood to be keen on keeping a close watch on urban development and housing but addressing the sectors woes may not be...

23.26 | 0 komentar | Read More

Android co-founder Andy Rubin to leave Google

James Kuffner, a research scientist at Google and a member of the robotics group, will replace Rubin, the company added. Google Inc said on Thursday that Andy Rubin, co-founder of its Android mobile business and head of its nascent robotics effort...

23.26 | 0 komentar | Read More

Leading telcos seek to defer spectrum auction

In a letter to Telecom Minister Ravi Shankar Prasad, they have also written that operators whose permits are expiring in 2015-16 may be allowed to continue with their existing in-use spectrum. Leading telecom firms have said the government should...

23.26 | 0 komentar | Read More

UCO Bank sends notices to Kingfisher Airlines, another firm

The source said the letter sought to explain the reasons behind identifying the two firms as `wilful defaulters', adding that time had been given to them for giving reply on why they should not be declared as `wilful defaulters' as per RBI guidelines....

23.26 | 0 komentar | Read More

Vigneshwara Group MD Sunil Dahiya arrested by EOW

Dahiya is accused of duping investors of over Rs 1,000 crore. He had promised huge returns for people investing in his real estate deals. Sunil Dahiya, the managing director of real estate company Vigneshwara Group has been arrested by the Economic...

23.26 | 0 komentar | Read More

Selection process for 8 PSB chiefs to start on Nov 13: Govt

The selection process for appointing chief executives to eight public sector banks will start on November 13 and the appointments will be made by November end, banking secretary GS Sandhu has said. The selection process for appointing chief executives...

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Mahindra Logistics inks pact with IVC to form 2x2 Logistics

Third party logistics service provider Mahindra Logistics (MLL) today said it has partnered with Indian Vehicle Carriers to form a new entity '2x2 Logistics' with an aim to offer original equipment manufacturers global standards of service and technology....

23.25 | 0 komentar | Read More

Eased FDI norms mere sentiment positive: Knight Frank

The Union Cabinet's move to ease the FDI policy in construction is merely a sentiment positive for the sectors, says Gulam Zia, executive director, Knight Frank. In an interview to CNBC-TV18, Zia says one of the biggest obstacle for the sector is...

23.25 | 0 komentar | Read More

Boeing-SIA JV gets CCI green signal

Boeing Singapore, an arm of US major Boeing Company, and SIA Engineering Company's proposed joint venture has got the approval from fair trade regulator CCI, as the deal does not raise anti-competition concerns in the country.Under the proposed combination,...

23.25 | 0 komentar | Read More

Thermax bags Rs 321 crore contract in Africa

The scope of work includes system design, manufacture, supply and supervision of erection and commissioning of the power plant. Energy and environment solutions provider  Thermax today said it has bagged a contract worth Rs 321 crore for setting...

23.25 | 0 komentar | Read More

India key to doubling revenue in Asia-Pac by 2020: Bosch

Betting big on India's auto industry, German components major Bosch expects the country to be a key growth driver in its bid to double business in the Asia Pacific region by 2020.The Stuttgart-based firm, which posted a turnover of 46.1 billion euro...

23.25 | 0 komentar | Read More

Harley-Davidson expands portfolio with three new models

American cult bike maker Harley-Davidson today expanded its portfolio in the country by launching three new bikes including the hand-crafted CVO Limited, priced at Rs 49.23 lakh (ex-showroom New Delhi).With the launch of the three new models - Breakout,...

23.25 | 0 komentar | Read More

Cabinet may take up coal price pooling today

According to sources, the government is also likely to re-introduce a bill to set up a coal regulator in the Winter Session of Parliament. The Cabinet is likely to take up coal pricing pooling this evening. Power plants are staring at a bleak future...

23.25 | 0 komentar | Read More

SAT to hear DLF's plea against Sebi order tomorrow

Earlier this month, Sebi barred the company and six others, including the company's top executives, from accessing capital market for three years for "active and deliberate suppression" of material information at the time of its IPO over seven years...

23.25 | 0 komentar | Read More

India ranks 142 in World Bank's 'Doing Business' report

India ranked 142 among the 189 countries surveyed for the latest World Bank's "Ease of Doing Business" report released today, a drop by two places from the last year's ranking. The drop in India's ranking from last year's 140 is mainly because other...

23.25 | 0 komentar | Read More

Diageo launches pre-mixed vodka Smirnoff Ice in India

The drinks would be available in two flavours -- Smirnoff Ice Black and Smirnoff Ice Original. UK-based distiller Diageo on Wednesday introduced its first pre-mixed vodka in the Indian market with the launch of Smirnoff Ice, a variant of the world's...

23.25 | 0 komentar | Read More

Experts hail govt’s move to relax construction FDI norms

With the Cabinet approving relaxation in construction foreign direct invest (FDI) norms , Niranjan Hiranandani, MD, Hiranandani Group believes the new government seems to be walking the talk and has made way for building affordable houses. The government...

23.25 | 0 komentar | Read More

See big boost for affordable housing: DLF’s Talwar

Rajeev Talwar, ED, DLF says the finance minister seems to be responding to the realty sectors woes and that this move will give big boost to affordable housing. FDI conditions are relaxed further it would mean an excellent incentive for FDI to flow...

23.25 | 0 komentar | Read More

PwC partners Google to offer business solutions to clients

From Google firms get innovation, technology platforms and Internet scale, while PwC brings deep industry experience, a broad range of business services and cutting-edge client insights, from strategy through execution, it added. Global consultancy...

23.25 | 0 komentar | Read More

IDBI Bank raises USD 350 million from overseas bond sale

Last Friday, Tata Motors had raised USD 750 million in a benchmark dual tranche bond sale, taking the overall fund raising through overseas bond sales close to USD 17 billion so far this year. After lying low for a while, forex fund rasing by domestic...

23.25 | 0 komentar | Read More

OVL to acquire stake in two Vietnamese blocks

OVL will take 40 percent stake in Block 102/10 and 50 percent in 106/10 that lie outside the sea territory claimed by China. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp , today signed an agreement to pick up to 50 percent...

23.25 | 0 komentar | Read More

Tata-Airbus submit joint bid to make IAF transport planes

If the combine wins the bid, European aviation giant Airbus would supply the first 16 planes while the remaining 40 would be manufactured and assembled by Tata Advanced Systems (TAS) in India. Tata and Airbus have submitted a joint bid to replace...

23.25 | 0 komentar | Read More

FIIs, RFPIs can buy upto 49% of Hero Moto's paid-up capital

The decision follows passage of a special resolution at board of directors and shareholders to enhance the limit for the purchase of its equity shares and convertible debentures by FIIs. Reserve Bank has allowed foreign investors to buy up to 49 percent...

23.25 | 0 komentar | Read More

Snapdeal is India's Alibaba;like digital startups: SoftBank

After having hogged all headlines for its USD 627 million investment in online retailer Snapdeal , Japan's SoftBank Corp chairman Masayoshi Son says he is interested in investing in Indian internet startups. In an exclusive interview to CNBC-TV18,...

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Alstom bags euro 85 mn contract from DMRC for Kochi Metro

Alstom Metropolis is a world leading train that serves global cities including Singapore, Sao Paulo, Shanghai and Amsterdam with more than 10 years of operational experience. The company said it has sold more than 4,000 metropolis cars worldwide. ...

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Hiranandani says no out-of-court settlement with Hirco Plc

In February last year, Hirco had sued Hiranandani and his daughter in a lower court in the Isle of Man, alleging they had committed fraud and other misconduct prior to their resignation as chairman and CEO of Hirco in 2010. Niranajan Hiranandani,...

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NSEL fraud: Govt mulls revamp of FTIL board

As it tries to recover investors' money in Rs 5,600-crore NSEL fraud, the government is considering a proposal to revamp the board of the crisis-hit exchange's parent firm,  Financial Technologies (FTIL).The Corporate Affairs Ministry, which last...

23.25 | 0 komentar | Read More

Coalscam: CBI allowed to retain documents seized from JSPL

A special court today allowed CBI to retain documents seized during searches conducted at the premises of  Jindal Steel and Power Ltd (JSPL) against which the agency has lodged a fresh FIR in connection with the coal blocks allocation scam.The...

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LT bags Rs 2,979 cr contract to build 'Statue of Unity'

The work order for Prime Minister Narendra Modi's pet project 'Statue of Unity' - the world's tallest statue of India's first home minister Sardar Vallabhbhai Patel, was issued by the Gujarat government today, to leading engineering company  Larsen...

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CCI again directs Coal India to desist from unfair biz ways

In yet another directive against  Coal India for abusing its dominant position, Competition Commission today asked the state-owned miner to cease and desist from unfair business practices.Competition Commission of India (CCI), which last year...

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