News Updates

(Update 12 minutes ago)
Latest Updates

Category: Business & Economics

23 December, 2016

Multiple deposits of scrapped notes allowed till Dec 30: RBI

MUMBAI (TIP): Reserve Bank of India on Thursday clarified that account-holders can make multiple cash deposits in withdrawn currencies till…

Read More
23 December, 2016

NUSLI WADIA VOTED OUT FROM POSITION AS A TATA MOTORS DIRECTOR

NEW DELHI (TIP): Nusli Wadia was voted out of his position as an independent director of Tata Motors. More than…

Read More
23 December, 2016

China tycoon Cao Dewang moves jobs to US, citing high taxes at home

SHANGHAI (TIP): A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United…

Read More
30 November, 2016

On his third US tour, Chhattisgarh CM eyes investment in ‘Priority Industries’

NEW YORK CITY (TIP): Every time he comes to the US, he ‘takes home something new.’ On his third US…

Read More
28 November, 2016

Jio crosses 50 million subscriber mark in 83 days

New Delhi, Nov 28 (TIP) Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three…

Read More
26 November, 2016

INDIAN AMERICANS AMONG SIX NEW MEMBERS TO JOIN USIBC TO ADVANCE INDIA-US COMMERCIAL RELATIONSHIP

WASHINGTON (TIP): The U.S.-India Business Council's (USIBC) board of directors announced, November 22, 2016, the appointments of six global business…

Read More
26 November, 2016

Ratan Tata Considers Demonetization a National Calamity for Poor, suggests Government to Consider Emergency Relief Measures

NEW DELHI (TIP): Business Tycoon Ratan Tata has suggested the government to consider Extra-ordinary relief measures, similar to those employed…

Read More
26 November, 2016

Tata Steel sacks Cyrus Mistry, names OP Bhatt as chairman

MUMBAI (TIP): The Tata Steel board on Nov 25 replaced Cyrus Mistry with OP Bhatt, an independent director, as the…

Read More
26 November, 2016

Vijay Mallya files plea for recalling contempt order

BENGALURU (TIP): Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka high court for recalling its order…

Read More
26 November, 2016

Demonetisation hurts sales, auto industry cuts production

NEW DELHI (TIP): A decline in sales is prompting automobile companies to slash production as demonetisation has adversely impacted buyer…

Read More
26 November, 2016

Tata JLR to create thousands of jobs in UK

LONDON (TIP): In a major boost to Brexit-hit UK, Tata Motors' owned Jaguar Land Rover today announced ambitious investment plans…

Read More
19 November, 2016

INDIAN AUTO INC CAN GENERATE 6.5CR NEW JOBS BY 2026: KENICHI AYUKAWA

NEW DELHI (TIP): Indian automobile industry can contribute over 12 per cent to the country's GDP and generate around 6.5…

Read More
19 November, 2016

NISSAN’S ELECTRIC CAR ON ITS WAY TO INDIA

BENGALURU (TIP): Japan car maker Nissan on Wednesday said that it is working on bringing the much-awaited electric car Nissan…

Read More
19 November, 2016

JPMorgan to pay over$250 million in China bribery case

NEW YORK (TIP): JPMorgan Chase & Co will pay more than $250 million to settle allegations by the US government…

Read More
19 November, 2016

Mistry avoids face-off, skips two Tata board meetings

Mumbai: Cyrus Mistry on Thursday skipped two crucial board meetings, of Tata Sons and Tata Consultancy Services (TCS), his first…

Read More
19 November, 2016

BILLIONAIRE WARREN BUFFETT INVESTS IN 4 US AIRLINES

NEW YORK (TIP): Warren Buffett's Berkshire Hathaway Inc on Monday said it has bought shares in the four biggest US…

Read More
19 November, 2016

Modi May Need Six More Months to Replace India’s Junk Bills: Economist Saumitra Chaudhuri

One estimate pegs May 2017 as date when bills will be replaced; Deutsche Bank says crunch to cut 50bps from…

Read More
18 November, 2016

DEMONETIZATION STALLS Parliament

Chaotic scenes witnessed in both Houses of Parliament over scrapping of Rs1,000 and Rs 500 notes NEW DELHI (TIP): Both…

Read More
18 November, 2016

Demonetization stunt: Drama as farce

The August 14, 2014 issue of the The Hindu carried a feature indicating that the National Institute of Public Finance…

Read More
12 November, 2016

Donald Trump Proposes 35 Percent Tax on Companies Outsourcing Production

Republican presidential nominee Donald Trump said Nov. 5 that he will impose a 35 percent tax on U.S. companies that…

Read More
11 November, 2016

IMF welcomes demonetisation but calls for ‘prudent handling’

WASHINGTON (TIP): The IMF on Friday said it supports India's efforts to fight corruption through demonetisation, but noted that the…

Read More
11 November, 2016

CYBERATTACK HIT FIVE TOP RUSSIAN BANKS: KASPERSKY

MOSCOW (TIP): A massive cyberattack has hit at least five of Russia’s largest banks, Moscow-based internet security giant Kaspersky said…

Read More
11 November, 2016

Efforts on to build consensus on sticky GST issues, says finance minister Arun Jaitley

NEW DELHI (TIP): Finance minister Arun Jaitley on Thursday said the Centre is making all efforts to build consensus on…

Read More
11 November, 2016

DOLLAR, MEXICAN PESO, STOCKS TOPPLE AS DONALD TRUMP CLOSES IN ON WHITE HOUSE

SYDNEY (TIP): The US dollar sank and stocks plummeted in market mayhem on Wednesday as investors faced the real possibility…

Read More
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…

Read More
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…

Read More
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…

Read More
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…

Read More
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…

Read More
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…

Read More