Rajan again holds rates in his last monetary policy update

Tue, 08/09/2016 - 11:16

Mumbai, Aug 9 (IANS) Reserve Bank of India (RBI) Governor Raghuram Rajan kept key policy rates unchanged in his last monetary policy review with little elbow room on account of the country's retail inflation inching closer to the upper tolerance level of 6 percent.


Struggling Twitter to rent out office space

Tue, 08/09/2016 - 09:54

New York, Aug 9 (IANS) The beleaguered micro-blogging website Twitter is looking to rent space at its headquarters in San Francisco to other companies.


Chinese shares open lower

Tue, 08/09/2016 - 08:16

Beijing, Aug 9 (IANS) Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.1 per cent to open at 3,001.31 points.


Rajasthan woos Karnataka's industrialists, farmers for agri-tech meet

Mon, 08/08/2016 - 23:36

Bengaluru, Aug 8 (IANS) Seeking technology and investments in farm sector, Rajasthan on Monday invited industrialists and farmers from Karnataka to participate in the Global Rajasthan Agri-tech Meet (GRAM 2016) being held in Jaipur November 9-11.


Microsoft invites developers to use machine learning, data

Mon, 08/08/2016 - 23:04

Bengaluru, Aug 8 (IANS) Global software major Microsoft on Monday invited Indian developers to use its machine learning and data platforms for building digital products and solutions to transform businesses and drive inclusive growth.


Intel to pay Rs 16.5 cr property tax in Bengaluru

Mon, 08/08/2016 - 22:44

Bengaluru, Aug 8 (IANS) Global chip maker Intel would pay Rs 16.5 crore by August 28, as directed by the Karnataka High Court, to the city's civic corporation towards property tax arrears, an official said on Monday.


Electronic filing of IT returns sees three-fold growth

Mon, 08/08/2016 - 22:30

New Delhi, Aug 8 (IANS) Electronic filing of income tax (IT) returns grew more than three times as over 226.98 lakh e-returns were filed in the current fiscal till August 5 as compared to only 70.97 lakh for the same period in 2015-16, an official statement said on Monday.


Britannia plans to set up three factories in next three years

Mon, 08/08/2016 - 20:44

Kolkata, Aug 8 (IANS) FMCG major Britannia Industries Ltd. is planning to set up three factories, one each in the northeast, Gujarat and Andhra Pradesh, in the next three years, a top company official said on Monday.


HDFC Life, Max Life agree on swap ratio, non-compete fee

Mon, 08/08/2016 - 20:32

Chennai, Aug 8 (IANS) Two private life insurers - HDFC Standard Life Insurance Company and Max Life Insurance Company Ltd - on Monday said they have agreed to sign definitive agreements for amalgamation of two companies.


SRF to invest Rs 345 cr on Gujarat plants

Mon, 08/08/2016 - 19:50

Chennai, Aug 8 (IANS) Chemical-based multi-business entity SRF Ltd on Monday said it has decided to invest production facilities in Gujarat at a total outlay of Rs 345 crore.