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Category: Business & Economics

11 November, 2016

Tatas replace Cyrus Mistry as TCS chairman, new battle begins

MUMBAI (TIP): Tata Sons made its first move on Thursday to wrest control of group companies by replacing Cyrus Mistry…

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4 November, 2016

Air India operates world’s longest nonstop flight

NEW YORK (TIP): Vandana Sharma, Regional Manager, Air India USA announced at an event at the Indian Consulate in NYC…

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4 November, 2016

INDIAN ORIGIN SENIOR EXECUTIVES QUIT TWITTER

BENGALURU (TIP): Southeast Asia and MENA (Middle East and North Africa)'s top Indian-Origin boss Parminder Singh has called it quits…

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28 October, 2016

SALE OF ASSETS, FALLING REVENUE WORRIED TATA TRUSTS, OLD TIMERS

NEW DELHI (TIP): The Tata Trusts were concerned over the falling revenues of the group since Cyrus Mistry took over…

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28 October, 2016

4G PENETRATION WILL SPUR IPHONE SALES IN INDIA, SAYS TIM COOK

BENGALURU (TIP): The massive 4G roll-out will aid in the growth of iPhone sales in India, said Apple CEO Tim…

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28 October, 2016

Pakistan trade body hints at reviewing ties with India

ISLAMABAD (TIP): A Pakistan trade body has announced that it would consider suspending trade with India if the current hostile…

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28 October, 2016

India stays at 130 on Ease of Doing Business ranks

WASHINGTON (TIP): India has a lot of hard work ahead of itself to make it to the top 50 countries…

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28 October, 2016

Embraer to pay $205 million in graft settlement

NEW YORK/ NEW DELHI (TIP): Brazilian aircraft manufacturer Embraer has agreed to pay over $205 million to resolve charges of…

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28 October, 2016

Advantage India? Over 1 Million BPO Jobs at Stake if US Firms Say Goodbye to Philippines

NEW YORK (TIP): Economists and senators warned that Philippine President Rodrigo Duterte's cheeky "goodbye" to the US was not the…

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24 October, 2016

Cyrus Mistry removed as Tata Sons chairman, Ratan Tata returns as interim chief

A big change at Tata Sons has sent ripples in the business world. On Monday, October 24, Tata Songs Board replaced…

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24 October, 2016

Complaining Shareholders of Indus American Bank advised to contact TIP: Non-disclosure of Identity Promised

The Indian Panorama received during the last couple of weeks, two letters in mail from “concerned shareholders of Indus American…

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14 October, 2016

INDIA PAVING ROAD FOR RS 60,000 CRORE PUSH TO INFRASTRUCTURE SECTOR

NEW DELHI (TIP): An influential section of the government is pushing for an additional Rs 50,000-60,000 crore burst of spending…

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14 October, 2016

RBI GUV SEES RISKS FROM BREXIT, US POLLS

MUMBAI (TIP): RBI governor Urjit Patel has highlighted the new challenge facing the Brics bloc in the form of political…

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11 October, 2016

CTO Zorawar Biri Singh leaves As Internal Exodus Continues at Cisco

In another high level exit at Cisco, Indian American Zorawar Biri Singh is the latest to leave the networking giant…

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7 October, 2016

TATA STRIKES DEAL WITH S AFRICAN CAR HIRE COMPANY

JOHANNESBURG (TIP): Automobile manufacturer Tata has struck a deal with a major South African car hire company to supply Tata…

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7 October, 2016

Oil prices are expected to remain below $60 a barrel through 2017

MUMBAI (TIP): A Cushman & Wakefield report on oil released on Wednesday said oil prices are expected to remain below…

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7 October, 2016

BP GETS LICENSE TO SELL JET FUEL IN INDIA

MUMBAI (TIP): The Indian arm of British oil giant BP Plc has received a license from the government to sell…

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7 October, 2016

60% spectrum unsold, govt mops up 66k cr in auction

NEW DELHI (TIP): The government's ambitious spectrum auctions fell short of expectations, fetching the exchequer Rs 65,789 crore as it…

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3 October, 2016

SBI becomes first domestic bank to open branch in Yangon

Mumbai, Oct 3 : The State Bank of India today announced its entry into Myanmar by opening a branch in the…

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3 October, 2016

#MAKEININDIA – Anil Ambani-Led Reliance Group, Rafale Maker Dassault Aviation Announces Joint Venture

In a major deal for India’s private defence industry, Anil Ambani-led Reliance Group and Rafale maker Dassault Aviation today announced…

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3 October, 2016

₹65,250 cr undeclared income and asset declared under black money scheme: FM

NEW DELHI: As much as ₹65,250 crore of black money was declared during the four-month compliance window of the Income Declaration Scheme…

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3 October, 2016

Research and Analytics Firm ORI Promotes Paresh Patel to CTO

HERNDON Sep 29: ORI, a research and analytics firm that focuses on strengthening customer relationships, today announced the promotion of…

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1 October, 2016

Google rebrands cloud business, adds more artificial intelligence

MOUNTAIN VIEW (TIP): Alphabet Inc’s Google said on Sept 29 it renamed its business-to-business cloud computing brand and enhanced some…

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1 October, 2016

BLACKBERRY, THE ORIGINAL SMARTPHONE, ENDS PRODUCTION AFTER GREAT RUN

WATERLOO, ONT (TIP): It's official. BlackBerry Ltd., the Canadian company that invented the smartphone and addicted legions of road warriors…

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1 October, 2016

SENSEX LOSSES SWELL AS OCT SERIES GETS OFF TO SHAKY START

MUMBAI (TIP): Extending sharp losses, the Sensex slumped about 108 points to 27,719.81 today as the October derivatives series began…

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1 October, 2016

Interest rates on small savings schemes cut by 0.1 per cent

NEW DELHI: Interest rates on small savings schemes have been reduced marginally by 0.1 per cent for the October-December quarter…

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1 October, 2016

Mercedes Benz rolls out the Made in India GLC

PUNE (TIP):With an intent to shorten the waiting period and continue with its strategy of making high-demand cars in India,…

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1 October, 2016

First strategic PSU sale in 12 years okayed

NEW DELHI (TIP): The Centre has approved a strategic sale in loss-making Bharat Pumps and Compressors Limited. It comes 12…

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1 October, 2016

BRITISH AIRWAYS, QATAR AIRWAYS SIGN REVENUE-SHARING DEAL

LONDON (TIP): British Airways has signed a revenue-sharing agreement with Qatar Airways, allowing the pair to co-operate on scheduling and…

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1 October, 2016

Germany’s Commerzbank to cut 9,600 jobs by 2020

BERLIN (TIP): Germany’s second largest lender Commerzbank said on Thursday it plans to cut 9,600 jobs, nearly a fifth of…

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