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Category: Business & Economics

17 July, 2015

Snapdeal launches new mobile marketplace Shopo

NEW DELHI (TIP): E-commerce major Snapdeal today re-launched Shopo, a mobile-based open marketplace which will allow small businesses to list…

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17 July, 2015

Companies in India create thousands of US jobs

"The 100 Indian-based companies surveyed for the study have made an aggregate $15.3 billion investment in their U.S. operations. That,…

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17 July, 2015

WEAK US RETAIL SALES HINT AT SLOWER GROWTH RATE

WASHINGTON (TIP): US retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range…

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15 July, 2015

FDI in equity jumped 48% after launch of ‘Make in India’: Commerce and industry ministry

New Delhi: Foreign direct investment (FDI) into equity jumped 48 per cent after the launch of the 'Make in India'…

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15 July, 2015

100 Indian companies invested $15 billion in United States creating 91,000 jobs so far: Report

New York (TIP) July 15: A total of one hundred India-based companies have invested over $15 billion across the US…

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14 July, 2015

4 Indians Among 32 Young Leaders Named by Asia Society in New York

Four Indians are among 32 young leaders named by a prestigious global non-profit organization as its 2015 class of young…

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14 July, 2015

IKEA buys first land parcel in Hyderabad for retail store

IKEA, world's largest furniture retailer, has purchased a 13 acre land close to the IT hub in Hyderabad's HITEC city.…

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14 July, 2015

FIPB clears Bandhan, 22 other FDI proposals

New Delhi (TIP) July 14: The foreign Investment Promotion Board (FIPB) today cleared 23 FDI proposals out of the 47…

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12 July, 2015

Microsoft cuts 7,800 jobs and will write down $7.6 billion in phone business restructuring

Microsoft will cut 7,800 jobs and take a $7.6 billion impairment charge as it attempts to revive its flagging phone…

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12 July, 2015

Ari Sarker Named MasterCard Co-President for Asia-Pacific

MasterCard recently announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker. The reorganization is in recognition…

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12 July, 2015

5 schoolgirls from Bengaluru develop mobile App; win $10,000

Five teenage girl students from Bengaluru won the Technovation challenge at a global pitch event at San Francisco city in…

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10 July, 2015

IMF DOWNGRADES 2015 OUTLOOK FOR GLOBAL GROWTH TO 3.3%

WASHINGTON (TIP): The US economy's stumble at the start of 2015 is dragging down the world's growth prospects, the International…

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10 July, 2015

Maruti Celerio crosses 1 lakh sales mark in domestic market

NEW DELHI (TIP): Country's largest car maker Maruti Suzuki India on Thrusday said its compact car Celerio has achieved one lakh…

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10 July, 2015

US JOBLESS CLAIMS RISE TO HIGHEST LEVEL SINCE FEBRUARY

WASHINGTON (TIP): New applications for US unemployment insurance benefits rose last week to their highest level since February, suggesting some…

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10 July, 2015

India and America join hands to close in on tax evaders

NEW DELHI (TIP): India and the United States signed a tax information sharing agreement on Thursday, under a new US…

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10 July, 2015

Work Permits For Spouses of H1-B Visa Holders Will Help Families, Economy

NEW YORK (TIP): The news that the United States has finally decided to amend its regulations to allow the dependent…

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10 July, 2015

Conscience and the Body Politic

Bureaucrats have social status and power. They also possess personal knowledge of the rules. So, as a reasonably educated Indian…

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7 July, 2015

US economy adds 223,000 jobs in June but wages flat

WASHINGTON (TIP): The US economy added 223,000 net new jobs in June, the Labor Department said on Thursday in a…

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3 July, 2015

ASIA MARKETS ON BACK FOOT AHEAD OF GREECE VOTE

HONG KONG (TIP): Asian markets retreated on July 3  ahead of the weekend's Greek referendum that could decide its eurozone…

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3 July, 2015

INDIA’S EXPOSURE TO GREECE IS LIMITED, SAYS RBI GOVERNOR

CHENNAI (TIP): The governor of the Reserve Bank of India, Raghuram Rajan on July 2  said that the Indian economy…

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3 July, 2015

Greece defaults on IMF payment !!!

Greece became the first developed country to default on the International Monetary Fund, as the rescue program that has sustained…

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3 July, 2015

Greek Debt Mess: Uncertainty over Europe

On Monday, June 29, global stock markets were reeling from the news out of Greece. Dow Jones was down by…

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3 July, 2015

India to be among top three economies globally by 2030: Report

NEW YORK (TIP): Emerging markets are expected to grow faster than developed economies, and India is likely to become the…

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3 July, 2015

Putting India Emphatically on Global Map – Part 2

Continued from Putting India Emphatically on Global Map - Part 1 It defies logic that a country that is considered as our…

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3 July, 2015

Gold scheme may cap deposit at 100gm

NEW DELHI (TIP): The government is expected to limit deposits under the proposed gold deposit scheme at 100 grams to deal…

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1 July, 2015

‘Inside India’ – Moody’s Investors Service report shows Disappointment over slow reforms

In its latest 'Inside India' report, Moody's Investors Service said the consensus view on India's economic growth prospects is relatively…

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1 July, 2015

Winners of the 40 Under 40 Emerging Leaders Awards – The M&A Advisor

New York (TIP) July 1: The M&A Advisor, a New York-based advisory firm offering intelligence about merger and acquisition activity,…

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29 June, 2015

Greece crisis hits India – may trigger outflows : Finance Secretary Rajiv Mehrishi

With Greece witnessing a full-blown economic crisis, India’s software and engineering exports may take a hit and the country may…

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27 June, 2015

Twitter’s Indian American M&A chief Rishi Garg quits

Rishi Garg, Twitter's top M&A Chief Indian-origin executive at the micro-blogging site has resigned, the latest in a recent string…

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26 June, 2015

SEBI’S PUBLIC OFFER NORMS BAT FOR RETAIL INVESTORS

MUMBAI (TIP): In its endeavour to put retail investors' interest above that of other shareholders in listed companies, market regulator…

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