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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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Reliance Capital gets Nippon Life as partner for bank venture
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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Markets at record high; Nifty crosses 8,000-mark
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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Indian M&A market grew by 12 percent: EY report
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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South Korea looking to correct trade imbalance with India: Envoy
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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