Yamaha's New Scooter 'Fascino' May 08, 2015 16:18
India Yamaha Motor today launched the Yamaha Fascino scooter. Sporting a “rich and class modern retro” design, the scooter is targeted at the Indian youth, which Yamaha says makes up over 50 percent of the…
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Capgemini to acquire iGATE with $4 billion at $48 per share April 28, 2015 11:16
The France-based IT services major Capgemini has announced the acquisition of New Jersey (US) based iGATE at a price of $48 per share, means total deal would stand at $4 billion. If the deal gets…
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Act against bank frauds worth Rs 17,500 crore April 24, 2015 11:19
RBI chief Raghuram Rajan has written to the prime minister’s office seeking “concerted” action in the country’s 10 biggest bank frauds allegedly involving prominent real estate, media and diamond firms that are being probed by…
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Hyundai ix25 expected by JUN 2015 April 20, 2015 16:05
Hyundai, the country's second largest automaker has finally confirmed that it will be bringing its ix25 compact SUV to India. Auto aficionados have to wait a little longer to get their hands on this latest…
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Banks turn to consumer loans April 20, 2015 11:59
Hoping to offset a slow recovery in corporate lending, Indian banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers. Given…
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India offers better investment climate than other BRIC countries: Survey April 20, 2015 10:07
According to a survey conducted by the Indian embassy in Berlin in partnership with EY, the German companies have rated India as the best performing country among the BRIC markets. The EY Delphi has studied…
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Petrol price cut by 80 paise/litre, Diesel by Rs 1.30/litre April 15, 2015 19:02
India's state-run oil marketing companies have reduced retail prices for petrol by Rs 0.80 a litre and retail price of diesel by Rs 1.30 a litre responding to lower crude oil prices. The new rates…
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PAN card rule ensure transparency in jewellery business April 11, 2015 14:40
The central government's proposal to make Permanent Account Number (PAN) card mandatory for jewellery purchases above Rs 1 lakh in cash may lead to contraction in the industry and result in job losses in the…
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RBI waits and watches April 07, 2015 17:39
Reserve Bank of India kept interest rates on hold at 7.50%, choosing to wait longer to assess inflationary pressures before making its next move and to give banks more time to adjust lending rates to…
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Alibaba founder Jack Ma Meets PM Modi March 31, 2015 10:20
The richest man in China, Jack Ma, who is the founder and chairman of Chinese ecommerce giant Alibaba met Indian Prime Minister Narendra Modi in New Delhi on Monday. During their conversation Jack Ma explained…
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SBI can divest its stake in SBI Life Insurance Up to 10% March 31, 2015 09:57
State Bank of India, the major Public Sector banking firm, said on Tuesday, that it has received nod for divesting its stake up to 10 percent in its insurance arm SBI Life Insurance Co Ltd.…
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IMF Chief Hails India’s Prospective ahead Meeting PM Modi March 16, 2015 11:21
Ahead of meeting Indian Prime Minister, IMF Chief Christine Lagarde praised India’s new policies aiming at higher growth and stability. She said India has the better opportunities to become one of the world’s most dynamic…
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