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Category: Business & Economics

22 May, 2015

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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22 May, 2015

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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22 May, 2015

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…

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22 May, 2015

CHINA, 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…

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22 May, 2015

Idea 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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22 May, 2015

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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16 May, 2015

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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15 May, 2015

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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15 May, 2015

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…

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15 May, 2015

RBI CLEARS DECKS FOR ‘TAP & PAY’

MUMBAI (TIP): The RBI has cleared the decks for 'tap & pay' transactions using NFC technology, even as SBI announced…

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15 May, 2015

Gold 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…

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15 May, 2015

SC 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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15 May, 2015

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…

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15 May, 2015

Bengaluru – 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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12 May, 2015

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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11 May, 2015

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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10 May, 2015

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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8 May, 2015

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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8 May, 2015

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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8 May, 2015

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…

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8 May, 2015

Rupee 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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8 May, 2015

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…

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8 May, 2015

New 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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1 May, 2015

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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1 May, 2015

Roswell Park spinoff, Indian pharma company start joint venture in New York

A major Indian pharmaceutical company is forming a joint venture with a startup life-sciences company in Buffalo that grew out…

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1 May, 2015

Indian American owned Intelliswift acquires Magagnini Network

Intelliswift Software, Inc. a leading software solutions company, announced the acquisition of Magagnini Network. This is a great opportunity for…

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1 May, 2015

India won’t provoke conflict, befitting reply if attacked at Pakistan border: Rajnath Singh

India on Thursday April 30, said it will never "provoke" a conflict at the border with Pakistan but will not…

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1 May, 2015

Nazi museum opens at old party headquarters in Munich

In 1930, Adolf Hitler established the headquarters of the National Socialist German Workers‘ Party in an upscale part of Munich.…

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1 May, 2015

Winter freezes US economy in first quarter

WASHINGTON (TIP): US economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending…

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1 May, 2015

Gove eases incorporation of business, process to take just 1 form

NEW DELHI (TIP): Entrepreneurs keen on setting up new enterprises will be able to incorporate one by filing just one…

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