Business

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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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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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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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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Tokyo : Reliance Capital, a part of the Anil Dhirubhai Ambani Group, and the Japanese financial services major Nippon Life Insurance Monday announced their decision to jointly start a commercial bank in India after necessary approvals.…
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Mumbai :  A A benchmark index of Indian equities markets Monday hit a record high of 26,854.08 points, surpassing its previous high of 26,674.38 points of Aug 28. All the sectors were trading in green and the rally was led by capital…
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New Delhi : The Indian mergers and acquisitions market registered an increase of 12 percent with disclosed deal value worth $22.6 billion in FY14 from $20.1 billion seen last year, said global advisory services firm Ernst & Young (EY)…
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New Delhi : With an ever increasing trade, investments and people-to-people contact between them, India and South Korea, the two Asian economic power houses, look forward to correct their trade imbalance, says Seoul's ambassador Joongyu…
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Agra :  Long queues were seen at banks in Agra to open accounts under the new Jan Dhan scheme and the response from the "under-privileged" section of the society was surprising, an officials said Saturday. P.N. Agarwal, a banking…
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Mumbai :  Expectations of stable GDP growth figures coupled with an overall expectation of further reform and quick notifications for the hike in foreign capital limits in defense and railways led to positive investor sentiments in the…
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