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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(Update 12 minutes ago)
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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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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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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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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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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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…
Read MoreCRUNCH 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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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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Indian American cyberbullying expert Sameer Hinduja receives $188,000 Grant from Facebook
Sameer Hinduja, an Indian-American cyberbullying expert has received a grant of $188,000 from Facebook to study cyberbullying and dating violence…
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India Inc raises Rs 17,000 crore through Qualified Institutional Placement (QIP) route | Jan-July
During January-July 2015, Indian companies raised Rs 17,124 crore (US$ 2.54 billion) through Qualified Institutional Placement (QIP) route for the…
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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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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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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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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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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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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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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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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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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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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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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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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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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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GOVT MAY OFFLOAD 10% IN COAL INDIA THIS FISCAL
NEW DELHI (TIP): The government may sell 10 per cent stake in Coal India this fiscal itself through a public…
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Birla to buy two Lafarge India cement units
Birla Corp. Ltd on Monday said it had agreed to acquire two cement assets from the local arm of Lafarge…
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UAE to invest Rs 5 lakh crore in India
Abu Dhabi/Dubai: The United Arab Emirates (UAE) has agreed to increase its investment in India to Rs 5 lakh crore (US$…
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Australia’s FAL Food and Beverages to enter India & export from India
Australia’s FAL Food and Beverages, which makes the Coco Joy, Juiced Up and Aqua Hero beverages, on Monday said it…
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RJio to bring out 4G handsets in Sept before its 4G beta launch
Reliance Jio is set to launch 4G-enabled handsets in the second week of September, ahead of the formal launch of…
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CHINA DEVALUES YUAN THIRD TIME IN A ROW, MARKETS ON THE EDGE
BEIJING/NEW DELHI (TIP): China set the reference rate for its currency more than one percent lower against the US dollar…
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