Business

Global cues surge equity markets

Mon, 10/10/2016 - 09:58

Mumbai, Oct 10 (IANS) Reduced chances of a US rate hike, coupled with broadly positive Asian indices and a strengthened rupee buoyed the Indian equity markets during the early morning trade session on Monday.

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Chinese shares open higher

Mon, 10/10/2016 - 07:46

Beijing, Oct 10 (IANS) Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up 0.52 per cent, at 3,020.46 points.

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India again urges IMF, World Bank country quota reforms

Sun, 10/09/2016 - 20:10

Washington/New Delhi, Oct 9 (IANS) India has reiterated the strong case for realigning the country quota shares of the International Monetary Fund (IMF) in line with changed global economic realities, an official statement said on Sunday.

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5 Indian-Americans among America's richest 400: Forbes

Sun, 10/09/2016 - 19:22

New York, Oct 9 (IANS) Five Indian-Americans figure among America's 400 richest people, in a list again headed by Microsoft co-founder Bill Gates, according to the survey by Forbes magazine.

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ITC divests its stake in King Maker Marketing

Sun, 10/09/2016 - 19:12

Kolkata, Oct 9 (IANS) FMCG major ITC Ltd on Sunday said it would divest 100 percent of its equity stake in US-based King Maker Marketing Inc for an estimated consideration of $24 million.

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Festivity to elude real estate this season: Assocham

Sun, 10/09/2016 - 17:36

New Delhi, Oct 9 (IANS) Despite the RBI lowering its interest rate by 0.25 per cent, the real estate sector is unlikely to record higher sales during the ongoing festive season, an Assocham survey said on Sunday.

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Dubai Aerospace receives 'Lessor of the Year' award

Sun, 10/09/2016 - 16:44

Dubai, Oct 9 (IANS/WAM) Dubai Aerospace Enterprise (DAE) has received the Middle East and Africa "Lessor of the Year" award at the Aviation 100 Awards ceremony in recognition of its position as a strong, ambitious and world-class aircraft-leasing company.

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Jio enrols 16 million customers in 26 days

Sun, 10/09/2016 - 16:02

Mumbai, Oct 9 (IANS) Reliance Jio Infocomm (Jio) has created a world record by grossing 16 million subscribers in its first month of operations, a company statement said here on Sunday.

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India to help grow pulses in Mozambique for import

Sun, 10/09/2016 - 14:12

Accra, Oct 9 (IANS) India has signed a pact with Mozambique to develop and produce 690,000 tonnes of pulses over a five-year period from 2016 to 2021, documents accessed by IANS say.

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Geistlich dental products to be available in India

Sun, 10/09/2016 - 14:08

New Delhi, Oct 9 (IANS) Swiss medical products firm Geistlich Pharma AG said two of its globally patented products used for dental regeneration will now be available across India.

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