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Category: Business & Economics

1 May, 2015

Maruti Suzuki sales surge 27 per cent to 1,11,748 units

NEW DELHI: Country's largest carmaker Maruti Suzuki India (MSI) reported a 29.6 per cent rise in total sales in April…

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1 May, 2015

Samsung’s profit sinks 39%as mobile profit shrinks

SEOUL (TIP): Samsung Electronics Co. said its first-quarter net income has plunged 39%as the smartphone business saw its profit shrink…

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1 May, 2015

Unborn Children and their Constitutional Rights

A 33-year-old Indian-American woman Purvi Patel has recently been sentenced to 30 years in prison in Indiana for feticide and child maltreatment.…

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30 April, 2015

US successfully tests bullets that can change course midair

WASHINGTON: Now you don't have to be a good shooter to hit the mark. The US military has successfully tested…

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27 April, 2015

Vijay Mallya: Faces Exit – From bad to worse for ‘King of Good Times’

NEW DELHI: Things appear to be going from bad to worse for Vijay Mallya, once known as 'King of Good…

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24 April, 2015

Calyx Group Revolutionizes Real Estate Industry

Pune, India April 24th 2015. Calyx group, one of the leading real estate companies has set a new trend across…

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24 April, 2015

Now, tax to be levied on PF withdrawn before five years

NEW DELHI (TIP): While the Modi government is allaying perceptions of tax terrorism among foreign investors and projecting a pro-poor…

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24 April, 2015

RBI CHANGES PRIORITY SECTOR LENDING NORMS

MUMBAI (TIP): The Reserve Bank of India has revised the priority sector lending norms which direct banks to lend to…

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24 April, 2015

DEUTSCHE BANK FINED RECORD $2.5 BILLION IN RATE RIGGING INQUIRY

LONDON/NEW YORK (TIP): US and British regulators fined Deutsche Bank$2.5 billion and its British subsidiary pleaded guilty to criminal wire…

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24 April, 2015

YES BANK READIES US LISTING PLAN

MUMBAI (TIP): Yes Bank is gearing up to become the third Indian bank to have its shares listed on American…

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23 April, 2015

India’s Land Acquisition Act: Bonanza for Rulers & their Financiers

India has a long history of its ruler’s fascination with farm land. Whether it was ancient Kings or Moghuls or…

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23 April, 2015

Indian-Origin Speed Trader Arrested in UK For Role in 2010 US ‘Flash Crash’

WASHINGTON:  A high-frequency trader of Indian origin was arrested in the United Kingdom over charges he manipulated the futures market and…

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17 April, 2015

ARUN JAITLEY PUSHES US FOR TOTALIZATION PACT

NEW DELHI (TIP): Finance minister Arun Jaitley has urged US authorities to create a framework that would help Indian workers…

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17 April, 2015

Need $60bn a year to power growth: Suresh Prabhu

NEW DELHI (TIP): Railway minister Suresh Prabhu on Thursday said that the country needs around $50-60 billion in investment every…

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17 April, 2015

Successful Indian companies fuelling UK economy: Study

LONDON (TIP): The success of Indian companies is fuelling the British economy through job creation and high revenues, states a…

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17 April, 2015

OLA RAISES $400M, LED BY DST GLOBAL

MUMBAI (TIP): In one of the largest financing rounds for an Indian internet startup, taxi-hailing service Ola said it has…

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17 April, 2015

The German drum gone silent

The death of Günter Grass on Monday, April 13, a giant German writer of the post-World-War-II era, a novelist, playwright,…

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17 April, 2015

China’s economic growth dips to six-year low

BEIJING (TIP): China's annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as…

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15 April, 2015

Google accused of abusing Internet search dominance: EU

The European Union's competition regulator on Wednesday accused Google of illegally abusing its dominance of the Internet search market in…

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12 April, 2015

Ban this, ban that – Intolerance growing in BJP-RSS regime

Days after Prime Minister Modi warned the judiciary of dangers posed by five-star activists, the Union Home Ministry cut off…

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11 April, 2015

US Opposes Former Goldman Sachs Director Rajat Gupta’s Plea to Reverse Conviction

NEW YORK:  India-born ex-Goldman Sachs director Rajat Gupta's conviction on insider trading charges should not be thrown out as the government…

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11 April, 2015

MOODY’S UPGRADES INDIA RATING OUTLOOK TO POSITIVE

MUMBAI (TIP): Moody's ratings revised India's sovereign rating outlook to "positive" from "stable" on Thursday as it expects the actions…

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11 April, 2015

SEBI STRUGGLES TO SHIELD SAVERS FROM MORE SAHARAS

MUMBAI (TIP): As regulators try to contain one of India's most spectacular investment scandals, dozens of smaller but similar schemes…

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11 April, 2015

Shell to buy BG for $70bn, take on Exxon

Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70.2 billion) in the first major energy…

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11 April, 2015

US-based mutual funds pull $1.3 billion out of bond funds

NEW YORK (TIP): Investors in US-based mutual funds pulled $1.3 billion out of bond funds in the week ended April…

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11 April, 2015

Is Hindutva baggage diluting Modi’s development focus?

RSS' Hindutva baggage is once again haunting Prime Minister Narendra Modi  and this time criticism against it has come from an…

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11 April, 2015

The GOP Fight Against Obama’s Immigration Order Seems Lost

The White House asked Texas Judge Hanen to stop blocking Obama's executive orders on immigration. The judge refused, but that might…

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11 April, 2015

Hackers break into Lufthansa customer database

The attackers managed to gain access to individual passenger accounts on company's website LH.com,German flag carrier Lufthansa confirmed Friday. The…

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11 April, 2015

Class action lawsuit against Facebook to begin in Vienna

Max Schrems, the Austrian law graduate spearheading a class action lawsuit against Facebook for alleged privacy breaches, said ahead oft…

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7 April, 2015

Indian Govt’s Help Sought to Get Body of Gujarati Man Killed in USA

ANAND:  The family of a 39-year-old man from Anand district in Gujarat, who was shot dead in the USA in an…

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