Business

Versace, Unity Group to Build Delhis Tallest Tower With ‘Branded Luxury

Versace, Unity Group to Build Delhis Tallest Tower With ‘Branded Luxury

Business April 26, 2018

In Delhi, there are very few housing projects being developed by private real estate players. Indias largest realty firm DLF is developing a housing project at Moti Nagar in central Delhi.

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Rosneft-Trafigura Led Essar Oil to be Called Nayara

Rosneft-Trafigura Led Essar Oil to be Called Nayara

Business April 26, 2018

Essar Oils incumbent CEO Lalit Gupta had stepped down from the position but continues as a senior advisor to the board of the new company.

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India Will Network With Asias Major Oil Buyers to Negotiate With Sellers:

India Will Network With Asias Major Oil Buyers to Negotiate With Sellers:

Business April 26, 2018

The Minister for Oil said he sees higher co-operation between the four big economies of Asia in the near future.

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The Era of Very Low Inflation and Interest Rates May Be Near an

The Era of Very Low Inflation and Interest Rates May Be Near an

NYTimes.com April 26, 2018

Moves in global bond markets over the last few months suggest changing expectations about prices.

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Xiaomi Chairman, CEO and Founder Lei Jun Promises to Give Back to Users if Net Profit Margin Exceeds

Xiaomi Chairman, CEO and Founder Lei Jun Promises to Give Back to Users if Net Profit Margin Exceeds

Business April 26, 2018

According to Jun, the company has created a unique triathlon business model, encompassing hardware, Internet service and new retail.

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Global Software Major Wipros Net Profit Declined By 5.9% in Fiscal

Global Software Major Wipros Net Profit Declined By 5.9% in Fiscal

Business April 26, 2018

Wipros consolidated net profit declined 21 percent annually for the fourth quarter and 5.9 percent yearly for fiscal 2017-18.

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Thanks To Galaxy S9, Samsung Made Net Profit of $10.74 Billion in Q1 of

Thanks To Galaxy S9, Samsung Made Net Profit of $10.74 Billion in Q1 of

Business April 26, 2018

The company attributes these results to the good performance of its memory chip unit as well as the increase in sales of its flagship mobile, the Galaxy S9.

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Sensex Recovers 57 Points Ahead of F&O

Sensex Recovers 57 Points Ahead of F&O

Business April 26, 2018

The 30-share Sensex recovered 57.35 points, or 0.16 per cent, to trade 34,558.62 in opening session. It had lost 115.37 points in the previous session.

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Rupee Recovers from 14-Month Low in Opening Trade, up 11 Paise Against US

Rupee Recovers from 14-Month Low in Opening Trade, up 11 Paise Against US

Business April 26, 2018

Forex dealers said besides selling of the American currency by exporters and banks, weakness in the dollar against other currencies overseas supported the rupee.

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Manipal Health Again Sweetens Offer for Fortis

Manipal Health Again Sweetens Offer for Fortis

Business April 25, 2018

The move comes ahead of Fortis boards meeting to consider the recommendations of an expert advisory panel formed to finalise the evaluation process of all binding offers.

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Wheres The Money, RBI? Data shows Indians Are Once Again Hoarding

Wheres The Money, RBI? Data shows Indians Are Once Again Hoarding

Business April 25, 2018

Currency withdrawals in the January-March quarter stood at Rs 1.4 lakh crore rupees, about 27 percent more than in same quarter of 2016.

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HRA Hike Under 7th Pay Commission Impacted CPI by 35 Basis Points:

HRA Hike Under 7th Pay Commission Impacted CPI by 35 Basis Points:

Business April 25, 2018

Even if disbursements have been made, the representation of state government houses in the sample of dwellings may not be adequate to capture the impact, said the research paper titled Impact of

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Punjab National Bank to Hire Detectives to Get a Grip on

Punjab National Bank to Hire Detectives to Get a Grip on

Business April 25, 2018

These detectives will help the bank locate borrowers, co-borrowers, guarantors in and outside India, including their legal heirs who are either untraceable or not available at the addresses given

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Govt Hikes Raw Jute MSP by Rs 200 to Rs 3,700 Per Quintal for

Govt Hikes Raw Jute MSP by Rs 200 to Rs 3,700 Per Quintal for

Business April 25, 2018

The MSP would yield returns of 63.2 per cent over the weighted average A2 + FL (covers actual paid-out costs plus an imputed value of unpaid family labour) cost of production, the release said.

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Govt Approves Pacts for Supply of Iron Ore to Japan, South Korea Through

Govt Approves Pacts for Supply of Iron Ore to Japan, South Korea Through

Business April 25, 2018

MMTC will be supplying iron ore of grade (plus) 64 Fe, or high grade content, to Japanese and Korean steel mills from NMDCs Bailadila mines in Chhattisgarh.

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Airtel Shares Gain Over 3%; Market Cap Rises by Rs 5,477

Airtel Shares Gain Over 3%; Market Cap Rises by Rs 5,477

Business April 25, 2018

The stock gained 3.37 per cent to settle at Rs 419.80 on BSE. During the day, it soared 5.14 per cent to Rs 427.

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EPFO to Inform Members About Contributions Not Deposited by

EPFO to Inform Members About Contributions Not Deposited by

Business April 25, 2018

In the recent past, the EPFO has taken a number of e-initiatives to provide services and timely information to all its stakeholders in tune with the governments motto of minimum government and ma

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Sensex, Nifty Turn Negative on Weak Global

Sensex, Nifty Turn Negative on Weak Global

Business April 25, 2018

Asian shares fell across the board, following an overnight drop in US stocks. Rising US bond yields and crude oil prices too worried investors.

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Indus Towers, Bharti Infratel Will Merge to Create Listed Pan-India Tower

Indus Towers, Bharti Infratel Will Merge to Create Listed Pan-India Tower

Business April 25, 2018

The combined company will own 100 per cent of Indus Towers. Indus Towers is currently jointly owned by Bharti Infratel (42 per cent holding), Vodafone (42 per cent), Idea Group (11.15 per cent) a

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Charles Zwick, Who Balanced Budget Under Johnson, Dies at

Charles Zwick, Who Balanced Budget Under Johnson, Dies at

NYTimes.com April 25, 2018

As the presidents last budget director, he helped engineer the only federal surplus to be recorded over a span of almost 40 years.

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