Business

Seoul bans sale of 80 Volkswagen models

Tue, 08/02/2016 - 11:22

Seoul, Aug 2 (IANS) The South Korean government on Tuesday revoked the certification and banned the sale of 80 Volkswagen models in the country over the false emission scandal implicating the German car manufacturer.

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Value buying buoys equity markets

Tue, 08/02/2016 - 09:50

Mumbai, Aug 2 (IANS) Value buying, coupled with positive macro-economic data, buoyed the Indian equity markets during early morning session on Tuesday.

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Chinese shares open lower

Tue, 08/02/2016 - 08:20

Beijing, Aug 2 (IANS) Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.11 per cent to open at 2,950.08 points.

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Rain causes waterlogging, traffic snarls

Mon, 08/01/2016 - 22:46

New Delhi, Aug 1 (IANS) Monsoon showers on Monday led to waterlogging in several areas of the national capital and traffic jams across the city. The weather office has predicted light rain on Tuesday.

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Enforcement Directorate arrests two ex-CFOs of First Leasing

Mon, 08/01/2016 - 22:32

Chennai, Aug 1 (IANS) The Enforcement Directorate (ED) on Monday said it has arrested two senior former employees of non-banking finance company (NBFC) First Leasing Company of India Ltd in the over Rs.500 crore bank fraud case.

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Bengal to introduce e-filing under land ceiling act

Mon, 08/01/2016 - 22:26

Kolkata, Aug 1 (IANS) The Bengal government has assigned West Bengal Electronic Industry Development Corporation Ltd (WEBEL) to develop the design and implementation of e-services for e-filing under the Urban Land (Ceiling and Regulation) Act, 1976, an official statement said on Monday.

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Wipro arm buys Israeli aerospace firm

Mon, 08/01/2016 - 21:50

Bengaluru, Aug 1 (IANS) Wipro Infrastructure Engineering, a division of Wipro Enterprises Ltd., on Monday announced it has acquired Israel-based aerospace firm H.R. Givon for an undisclosed amount.

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Coal India's production rises 5.4% in July

Mon, 08/01/2016 - 21:30

Kolkata, Aug 1 (IANS) Coal India Ltd (CIL) on Monday reported a 5.4 percent rise in its production for the month of July this year to 36.74 million tonnes (mt) as compared to 34.83 mt produced in the same month last year.

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'Government to revive maritime ties with China, Pakistan'

Mon, 08/01/2016 - 21:24

New Delhi, Aug 1 (IANS) The government on Monday said it is trying to revive the historic maritime cultural and economic ties with 39 countries, including China, Cambodia, Sri Lanka and Qatar, under a new initiative called 'Mausam'.

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LeEco all set to launch 'super TVs' in India

Mon, 08/01/2016 - 20:54

New Delhi, Aug 1 (IANS) Chinese internet and ecosystem conglomerate LeEco on Monday said it is all set to launch its "super TVs" on August 4 in India.

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IndiGo's Q1 net profit down 7.4 per cent

Mon, 08/01/2016 - 20:52

Mumbai, Aug 1 (IANS) Budget passenger carrier IndiGo on Monday reported a decline of 7.4 per cent in its net profit for the quarter ended June 30, 2016.

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