SPICEJET FLIES BACK INTO BLACK AFTER SEVEN QUARTERS
NEW DELHI (TIP): Under its new ownership, SpiceJet has flown back into the black after seven consecutive loss-making quarters. The…
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(Update 12 minutes ago)
ENSURE FARM-LINKED BORROWERS HEDGE RISKS WITH DERIVATIVES: RBI
MUMBAI (TIP): With an agrararian crisis looming over the country's farm production, Reserve Bank of India has asked banks to…
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Germany lobbies India to buy Eurofighters, submarines
NEW DELHI (TIP): Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets…
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Vodafone sells 4.2% stake in Bharti for $299m
NEW DELHI (TIP): British telecom giant Vodafone has sold its 4.2% holding in Bharti Airtel for $200 million to comply…
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Gap to open first store with Arvind
NEW DELHI (TIP): American clothing and accessories chain Gap is finally set to open its first store in India on…
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USIBC Media Executives discuss opportunities in India’s Media and Entertainment Industry
WASHINGTON (TIP): The U.S.-India Business Council (USIBC) led a series of discussions and meetings between top executives of the media…
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JAPAN UNVEILS $110 BILLION PLAN FOR INFRASTRUCTURE TO COUNTER CHINA
TOKYO (TIP): Japan's Prime Minister Shinzo Abe announced on Thursday a $110 billion investment plan for infrastructure projects in Asia…
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SpiceJet to raise more funds, increase fleet size
NEW DELHI (TIP): Low-cost carrier SpiceJet Ltd, which came close to collapsing in December after running out of cash to…
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M&M buys 33% in farm gear arm of Mitsubishi
MUMBAI (TIP): The $17-billion automotives-to-software Mahindra Group (M&M) is buying a 33% stake in Japanese conglomerate Mitsubishi's tractors and agricultural…
Read MoreCHINA, INDIA LIKELY TO BE LARGEST SHAREHOLDERS OF AIIB
NEW DELHI (TIP): China will likely take a 25-30 per cent stake in the Asian Infrastructure Investment Bank (AIIB) and…
Read MoreIdea eyes $1.2bn deal to sell towers
MUMBAI (TIP): Idea Cellular, part of the Aditya Birla Group, is working on a Rs 7,580-crore ($1.2 billion) deal to…
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A FORTHRIGHT MODI IN CHINA
During his China visit, Prime Minister Modi has been unusually forthright in speaking about the problems that hold back the…
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US-India Business Council Inducts 6 New Board Members
WASHINGTON: The US-India Business Council (USIBC) comprising more than 300 top-tier US and Indian companies advancing commercial ties between the two…
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It’s Flipkart, Snapdeal vs Amazon, eBay
NEW DELHI (TIP): The government on Thursday began consultations on FDI in B2C e-commerce amid a sharp divide between Indian…
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INDIA AWARDS AIRBUS $1.9B MILITARY PLANE ORDER
NEW DELHI (TIP): India’s defence ministry has agreed to buy 56 planes from Airbus for$1.87 billion, as Prime Minister Narendra…
Read MoreRBI CLEARS DECKS FOR ‘TAP & PAY’
MUMBAI (TIP): The RBI has cleared the decks for 'tap & pay' transactions using NFC technology, even as SBI announced…
Read MoreGold demand in India goes up by 15% in Q1 CY2015
MUMBAI (TIP): The World Gold Council (WGC) on May 14 announced that the demand for gold in India continues to…
Read MoreSC REJECTS TELCOS’ PLEA FOR EXTENSION OF 2G LICENCES
NEW DELHI (TIP): The Supreme Court on May 14 turned down pleas by various telecom companies, including Bharti Airtel, Vodafone,…
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The Black Money Bill is like a ‘Medu Vada’
The government has used the extended session of parliament to pass a new bill in the Lok Sabha as part…
Read MoreBengaluru – not Mumbai – is the king of India’s real estate market
BENGALURU (TIP): In 2009, at least five cities were ahead of Bengaluru - India's technology heartland - on the list…
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Windows 10 will be the last version of Windows: OS as WaaS
Microsoft executive Jerry Nixon confirmed at the company’s Ignite conference held on May 9th, that the upcoming Windows 10 update will be…
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Why Indian-Americans could switch to the GOP
With the 2016 US presidential elections fast approaching, how will the Indian-Americans – the fastest-growing, 3.2-million-strong minority community – vote?…
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BOBBY JINDAL: OBAMA TURNING ‘AMERICAN DREAM INTO EUROPEAN NIGHTMARE’
On Saturday in South Carolina, Louisiana Governor and potential 2016 GOP presidential candidate Bobby Jindal accused President Barack Obama of…
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GOVERNMENT TO SET UP DEBT AGENCY
NEW DELHI (TIP): The government is going ahead with its plans of setting up a Public Debt Management Agency (PDMA)…
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BMW profits rise on SUVs, strong sales in UK, US
FRANKFURT (TIP): German luxury carmaker BMW AG increased its profits in the first quarter thanks to strong demand for its…
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SIEMENS TO CUT 4,500 JOBS WORLDWIDE
BERLIN (TIP): German engineering giant Siemens said on Thursday that it would slash an additional 4,500 jobs worldwide, on top of 7,400 cuts previously announced as…
Read MoreRupee fall to make petrol, diesel costlier
NEW DELHI (TIP): The rupee's fall against the greenback spells bad news for fuel consumers who would have to pay…
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Busting the government myths around land acquisition law
A big question that is begging a credible answer today is- why is the National Democratic Alliance (NDA) government hell bent on…
Read MoreNew mechanism to check bank loan frauds
MUMBAI (TIP): The RBI on Thursday put in place a new framework to check loan frauds including by way of…
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Indian tech start-ups woo talent back from America – Offer massive perks
India's IT industry has long been seen as a back-office backwater, even by its own engineers who started moving abroad…
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