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Category: Business & Economics

18 September, 2015

An Appeal to Nargis Dutt Memorial Foundation Board Members

Come September, and we have been used to expecting to come across an announcement of the annual gala of Nargis…

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18 September, 2015

RBI EASES NORMS FOR BANKS TO GRANT LOANS TO THEIR CEOs, DIRECTORS

MUMBAI (TIP): Reserve Bank relaxed norms for banks to grant certain loans to their CEOs and directors by doing away…

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18 September, 2015

LENOVO EYES POLE POSITION IN INDIAN PC MARKET

KOLKATA (TIP): Lenovo India Pvt. is eyeing the top position in the Indian PC market by March, its Marketing Director…

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18 September, 2015

BIZ AND FINANCE | CBDT MULLS PEER REVIEW OF TAX ORDERS

MUMBAI (TIP): The Central Board of Direct Taxes (CBDT) wants to make it easier to pay taxes in India. And…

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18 September, 2015

World’s largest diamond mining company Alrosa to cut prices

SURAT (TIP: Like De Beers, Rio Tinto and other mining companies, the world's largest diamond mining company Alrosa too has…

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18 September, 2015

US court rejects plea for attachment of Sahara hotels

NEW YORK (TIP): In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian…

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18 September, 2015

10 entities get RBI NOD for microfinancing

10 entities, including Ujjivan Financial Services and Equitas Holdings, on Wednesday got RBI’s approval to set up Small Finance Banks to…

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17 September, 2015

Hero Cycles acquires Firefox Bikes

New Delhi, 17th September 2015: Hero Cycles, world’s largest bicycle manufacturer by volume, today announced its acquisition of Firefox Bikes in an all-cash…

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17 September, 2015

Sun buys US-based InSite Vision for US$ 48 million

Sun Pharmaceutical has acquired InSite Vision, a US-based specialty ophthalmic product maker, in a $48 million (about Rs 320 crore)…

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17 September, 2015

Indian, Chinese firms sign 15 MoUs worth $590 million | China-India Economic and Trade Cooperation Conference

Ahmedabad: Mr Chen Yuehua, Guangdong's Deputy Director General of Department of Commerce, has announced that Indian and Chinese firms have…

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11 September, 2015

APPLE LAUNCHES IPHONE 6S, 6S PLUS WITH 3D TOUCH – Fails to Impress

NEW DELHI (TIP): Eight years after changing the way we use mobile phones with the first iPhone, Apple has once…

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11 September, 2015

Audi outsold by BMW, Mercedes in August amid China woes

BERLIN (TIP): Audi sold fewer cars in August than luxury rivals BMW and Mercedes-Benz as Volkswagen's flagship brand has been…

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11 September, 2015

SEBI ORDERS SATYAM’S RAJU, KIN TO RETURN RS 3,200 CRORE

MUMBAI: Market regulator Sebi on Thursday ordered B Ramalinga Raju and his family, the former promoters of fraud-ridden erstwhile Satyam…

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11 September, 2015

CRUNCH TIME AHEAD FOR EGYPT’S ECONOMY, INVESTMENT NEEDED

CAIRO (TIP): In a few short years, if everything goes according to plan, Egypt will have new megaprojects, special investment…

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11 September, 2015

Oil prices down ahead of US energy report

SINGAPORE (TIP): Oil prices eased in Asia on September 10 as dealers focused on an upcoming US energy report for…

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10 September, 2015

Indian American cyberbullying expert Sameer Hinduja receives $188,000 Grant from Facebook

Sameer Hinduja, an Indian-American cyberbullying expert has received a grant of $188,000 from Facebook to study cyberbullying and dating violence…

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8 September, 2015

India Inc raises Rs 17,000 crore through Qualified Institutional Placement (QIP) route | Jan-July

During January-July 2015, Indian companies raised Rs 17,124 crore (US$ 2.54 billion) through Qualified Institutional Placement (QIP) route for the…

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6 September, 2015

Indian American father-daughter Bankers team revolutionizes banking via mobile app

A mobile app launched by Indian American banker Jay Sidhu and his daughter Luvleen can revolutionise the global banking industry into…

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6 September, 2015

US BUSINESS MAGAZINE HONOURS INDIAN-AMERICAN WOMAN

An Indian-American woman has made it to the list of the top 30 female Business leaders in Austin Business Journal's "2015 Profiles in Power & Women of Influence",…

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6 September, 2015

Pulitzer Prize winner Indian American author Jhumpa Lahiri to be conferred top US award

U.S. President Barack Obama will award Indian-American Pulitzer Prize winning author Jhumpa Lahiri, the 2014 National Humanities Medal, which honors…

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6 September, 2015

RBI GOVERNOR RAJAN COMPLETES 2 YRS, PRESSURE MOUNTS TO CUT RATES

MUMBAI (TIP): As Governor Raghuram Rajan, known for his hawkish approach to inflation, completes tumultuous two years at RBI on…

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6 September, 2015

OIL PRICES RETREAT AS DEALERS EYE US DATA

SINGAPORE (TIP): Oil prices edged lower in cautious Asian trade on September 4  as investors await the release of a…

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6 September, 2015

German carmakers win US antitrust approval to buy Nokia maps

WASHINGTON (TIP): German carmakers BMW , Audi and Mercedes have won US antitrust approval to buy Nokia's maps business for…

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6 September, 2015

Cipla set to buy American business of Hetero Drugs for $550 million

MUMBAI (TIP): India's third-largest drug maker Cipla is buying the American business of Hyderabad-based Hetero Drugs as it seeks to…

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5 September, 2015

INDIA READY WITH INDIGENOUS MODEL TO PREDICT RAINFALL

MUMBAI (TIP): India is finally ready with an indigenous model to predict long range and seasonal rainfall. In the next…

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5 September, 2015

Long Beach International Film Festival from September 24th to 27th

LONG BEACH, NY (TIP): Nassau County Executive Edward P. Mangano announced, September 3, that the 2015 Long Beach International Film…

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3 September, 2015

Indian American engineer Ankur Bhatnagar’s startup skyTran gets investment from Eric Schmidt

skyTran, cofounded by Indian engineer Ankur Bhatnagar, a path-breaking transportation company headquartered in California, has received financial investment from Google chairman Eric Schmidt.…

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2 September, 2015

CHINA FALTERS, AND THE GLOBAL ECONOMY IS FORCED TO ADAPT

HONG KONG (TIP): The commodities giant BHP Billiton spent heavily for years, mining iron ore across Australia, digging for copper…

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28 August, 2015

Great Fall of China Needs Checks and Balances

The global financial markets are in turmoil because of developments in China. The economic growth of China is slowing down since…

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24 August, 2015

Is financial apocalypse around the corner?

There is a statue of a marauding bull on the Wall Street. But, alas, the fella seems to be having…

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