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FMC asks NSEL to file recovery suits against all defaulters

General

14 July, 2014

FMC asks NSEL to file recovery suits against all defaulters

Concerned over slow pace of recovery of money from NSEL defaulters, regulator Forward Markets Commision (FMC) has asked the crisis-hit ......

Diageo-controlled United Spirits to buy JP Impex Incorp's Karnataka-based assets

Consumer

14 July, 2014

Diageo-controlled United Spirits to buy JP Impex Incorp's Karnataka-based assets

Liquor firm United Spirits has inked a pact to buy JP Impex Incorp's Karnataka-based assets - including plant and machinery ......

Aakash tablet maker Datawind raises $28M from Canadian listing

TMT

14 July, 2014

Aakash tablet maker Datawind raises $28M from Canadian listing

Datawind, maker of low-cost Aakash tablets, has raised Rs 168 crore (30 million Canadian dollars) through an IPO and listed ......

Consumer inflation falls to 30-month low of 7.31% in June

General

14 July, 2014

Consumer inflation falls to 30-month low of 7.31% in June

Retail inflation fell to 30-month low of 7.31 per cent in June, mainly on account of lower prices of food ......

Sanjeev Dasgupta named CEO of Ascendas Property Fund

General

11 July, 2014

Sanjeev Dasgupta named CEO of Ascendas Property Fund

Private equity lender Ascendas India Trust (a-iTrust) today said it has appointed Sanjeev Dasgupta as Chief Executive Officer of Ascendas ......

Sensex tanks a day after Budget, worst weekly loss since Dec 2011

General

11 July, 2014

Sensex tanks a day after Budget, worst weekly loss since Dec 2011

The benchmark Sensex today erased initial gains to plunge over 348 points, posting its worst weekly loss in over two ......

Infosys Q1 PAT up 21.6%; guidance below industry expectations

TMT

11 July, 2014

Infosys Q1 PAT up 21.6%; guidance below industry expectations

IT major Infosys today reported a healthy 21.6 per cent growth in consolidated net profit for the first quarter, helped ......

Home Ministry nod for FDI proposals within 3 months

General

11 July, 2014

Home Ministry nod for FDI proposals within 3 months

To expedite the overall approval process, the Home Ministry has agreed to provide security clearance within three months as far ......

PM to announce role for Planning Commission shortly: Jaitley

General

11 July, 2014

PM to announce role for Planning Commission shortly: Jaitley

Prime Minister Narendra Modi will shortly announce the role that Planning Commission is going to play in his government, Finance ......

GDP growth to improve to 5.4-5.9% in FY15, concerns remain: Economic Survey

General

09 July, 2014

GDP growth to improve to 5.4-5.9% in FY15, concerns remain: Economic Survey

Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 2014-15 overcoming the sub-5 ......