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Nippon Life keen to hike stake in Reliance Life
Tokyo : Nippon Life Insurance of Japan wants to hike its stake in its Indian joint venture Reliance Life Insurance to 49 percent from 26 percent, when India notifies the decision of higher foreign equity cap in the sector, a news report…
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PM Narendra Modi beats the drum for Indian business in Japan
Tokyo: Prime Minister Narendra Modi on Tuesday turned into a drummer, a day after signing a number of deals with Japanese PM Shinzo Abe.
Known for his oratory skills, the PM amazed everyone when he joined the ceremonial Japanese drummers…
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Private non-financial firms’ sales contracted in 2013-14: RBI
Chennai : The total sales of non-financial private corporate sector in 2013-14 declined due to lower sales growth in the manufacturing sector while the services sector logged sales growth, according to a study by the Reserve Bank of India…
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Kudankulam n-plant unit to restart generation
Chennai : The Nuclear Power Corporation of India Ltd (NPCIL) has begun the process to restart the first 1,000 MW unit at its Kudankulam Nuclear Power Project (KNPP) following the sectoral regulator's permission, said a senior official.…
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Government ready to auction coal blocks, seeks exceptions
New Delhi : The government Monday told the Supreme Court that they stood by its verdict holding allocation of coal blocks since 1993 as illegal, and was ready to auction these blocks if they are cancelled but sought exceptions for some…
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Bangalore to host India Nano summit in December
Bangalore : India's technology hub, Bangalore will host 'India Nano' summit Dec 4-5 to showcase research and development and applications in nano-science and nano-technology, an official said Monday.
"There is no part of human life that…
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UBI terms Kingfisher, Mallya wilful defaulters; airline protests
Kolkata : State-run United Bank of India (UBI) Monday declared the defunct Kingfisher Airlines, its promoter Vijaya Mallya and its three directors as wilful defaulters after they did not turn up for a meeting with its grievances redressal…
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Sensex crosses 27,000-mark
Mumbai : A benchmark index of Indian equities markets hit a record high of 27,061.40 points Tuesday, surpassing its previous peak of 26,900.30 points scaled Sep 1.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock…
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EU questions Facebook-WhatsApp $19 bn deal
London L: In a bid to understand what separates a social network from a messaging application, European Union (EU) anti-trust officials have sent a detailed questionnaire to the competitors as well as customers of Facebook and WhatsApp.…
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Micromax topples Apple in Indian tablet market: IDC
New Delhi : Micromax has overtaken Apple and reached the second position in the tablet market in India in the second quarter with 14 percent market-share, data released by the International Data Corporation (IDC) said Monday.
"Strong…
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