Business

Vijay Mallya resigns from Rajya Sabha

Mon, 05/02/2016 - 19:00

New Delhi, May 2 (IANS) Liquor baron Vijay Mallya, whose passport has been revoked by the government, on Monday resigned from the Rajya Sabha.

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Aadhaar downloads cross 40 crore mark: UIDAI

Mon, 05/02/2016 - 18:44

New Delhi, May 2 (IANS) Over 40 crore people have downloaded Aadhaar cards from the website to use them as their identity proof, the authorities said on Monday.

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Over 55 percent individual assesses paid no tax

Mon, 05/02/2016 - 18:44

New Delhi, May 2 (IANS) More than 55 percent of the 28.77 million individual assesses in India who filed their returns for 2012-13 paid zero tax, while three at the top-end had to shell out as much as Rs.437 crore collectively, as per latest data from the finance ministry.

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Automobile makers begin new fiscal on positive note (Roundup)

Mon, 05/02/2016 - 17:16

Chennai/Kolkata/New Delhi, May 2 (IANS) Indian automotive makers opened the new fiscal with positive sales growth while hoping for a favourable verdict in the apex court over the sale of diesel engine-powered vehicles.

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Wipro, partners to set up all-women business park in Saudi Arabia

Mon, 05/02/2016 - 17:06

Riyadh, May 2 (IANS) Indian IT major Wipro on Monday announced that it has signed a tripartite deal to set up Saudi Arabia's first all-women business and technology park in collaboration with Saudi Aramco and Princess Nourah University here.

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Sony launches wireless speaker for deep bass sound

Mon, 05/02/2016 - 16:36

New Delhi, May 2 (IANS) Sony India on Monday launched a new portable wireless speaker for music aficionados in India. The speaker offering "extra bass" technology to enhance deep bass sound is priced at Rs.12,990.

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Oxy apologises to South Koreans for usage of toxic chemical

Mon, 05/02/2016 - 16:04

Seoul, May 2 (IANS) In the midst of ongoing prosecution investigations into suspected concealment of fatality, Reckitt Benckiser Korea, better known as its brand name Oxy, on Monday apologised to South Koreans for using toxic chemical in humidifier steriliser for about 10 years.

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Citi Research says view on Reliance Industries positive

Mon, 05/02/2016 - 15:54

Mumbai, May 2 (IANS) With core refining business continuing to do well and the commissioning soon of some major projects in the petrochemicals business, the positive views on Reliance Industries remain unchanged, Citi Research has said in a report.

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Key Indian equity indices close lower

Mon, 05/02/2016 - 15:50

Mumbai, May 2 (IANS) A benchmark index of the Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), provisionally closed Monday's trade 169.65 points or 0.66 percent down.

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Gupta's Liberty House to bid for Tata Steel UK on Tuesday

Mon, 05/02/2016 - 15:38

London, May 2 (IANS) Metals major Liberty House, founded by India-born industrialist Sanjiv Kumar Gupta, confirmed on Monday that it will formally bid for the UK assets of Tata Steel, which are on the block after Tatas suffered nearly $3 billion in losses thus far.

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