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Exports, imports shrink over 11% in January

General

13 February, 2015

Exports, imports shrink over 11% in January

Country's exports contracted by 11.19 per cent to USD 23.88 billion in January this year compared to that in the ......

After failed deal Sahara and Mirach Capital prepare legal action against each other

General

13 February, 2015

After failed deal Sahara and Mirach Capital prepare legal action against each other

Accusing Mirach Capital of "cheating and forgery" in the failed USD 2.05 billion loan arrangement, Sahara today said it has ......

Flipkart targeting GMV run rate of $8B in 2015

TMT

12 February, 2015

Flipkart targeting GMV run rate of $8B in 2015

Homegrown online marketplace Flipkart is eyeing sales worth USD 8 billion (about Rs 50,000 crore) in 2015 in terms of ......

Aditya Birla Chemicals to merge with Grasim

Manufacturing

11 February, 2015

Aditya Birla Chemicals to merge with Grasim

Grasim Industries, an Aditya Birla Group firm, today said its Board has approved merger of Aditya Birla Chemicals with the ......

Mirach Capital calls off proposed syndicate loan deal to bail out Sahara

General

11 February, 2015

Mirach Capital calls off proposed syndicate loan deal to bail out Sahara

Engaged in a war of words with Sahara over a failed syndicate loan deal, US-based Mirach on Wednesaday said it ......

Car sales moderates to 3.1% in January after temporary tax cuts withdrawn

Consumer

10 February, 2015

Car sales moderates to 3.1% in January after temporary tax cuts withdrawn

In a slow start to the year 2015, domestic passenger car sales rose 3.14 per cent in January, which industry ......

Foreign cos may be allowed to claim deduction on dividend distribution tax in India

General

10 February, 2015

Foreign cos may be allowed to claim deduction on dividend distribution tax in India

The government is contemplating tweaking tax laws to allow foreign companies claim deduction in home countries for the dividend tax ......

Country's IT exports may grow 12-14% next fiscal: Nasscom

TMT

10 February, 2015

Country's IT exports may grow 12-14% next fiscal: Nasscom

Country's IT exports are likely to grow in the range of 12-14 per cent in the next fiscal (FY'16) with ......

Govt, SIT widen black money probe as new HSBC list emerges

General

09 February, 2015

Govt, SIT widen black money probe as new HSBC list emerges

With a fresh list of black money holders abroad making waves, Indian government on Monday said it will probe all ......

Ratan Tata to join Kalaari Capital in advisory role

General

09 February, 2015

Ratan Tata to join Kalaari Capital in advisory role

Venture capital firm Kalaari Capital today said Tata Group's chairman emeritus Ratan Tata will be joining the company in an ......