Thumbnail

Coal scam: Charges framed against Koda

A special court today framed charges against ex-Jharkhand Chief Minister Madhu Koda, former coal secretary HC Gupta, and 7 others, pertaining to alleged irregularities in allocation of a coal block.


Thumbnail

Bombay HC suggests new tests for Maggi Noodles

Nestle India , the manufacturer of Maggi instant noodles, has decided to go for an independent lab testing of the product given that the tests are carried out in the presence of a reputed scientist.


Thumbnail

GM to invest $1 billion in India

America's largest carmaker General Motors is planning to invest $1bn in India to boost production in its main local plant and transform the country into a global export hub.


Thumbnail

Maggi effect: Nestle posts first quarterly loss in 15 years, shares drop and

Shares of Nestle India fell during opening trade on the Bombay Stock Exchange's (BSE) Sensex as the company reported its first quarterly loss in 15 years. Hit by ban on its Maggi instant noodles, FMCG major Nestle...


Thumbnail

Rajesh Exports acquires refiner Valcambi for $400 million

Jeweller Rajesh Exports Ltd has sealed a $400 million deal to buy Swiss company Valcambi, the world's largest gold refiner, to secure raw material supplies at lower prices and procure technological expertise to expand...


Thumbnail

Over 61000 Indian millionaires moved abroad in last 14 years

According to a report, India has witnessed the second-biggest outflow of high net worth individuals in last 14 years. Around 61,000 millionaires have shifted abroad due to reasons like tax, security and child education.


Thumbnail

SIT on black money: Identify beneficial ownership of Participatory Notes

Seeking to check rampant black money, the Supreme Court-appointed Special Investigation Team (SIT) has recommended tough laws to curb betting in cricket, monitoring unusual rise in stock prices, regulating Participatory Notes (P-Notes), and bring donations to education and religious bodies under tax net.


Thumbnail

Greece debt crisis live: Lawmakers approve second crucial bailout bill

Greek lawmakers today approved legislation on a second batch of reforms which will help in unlocking a huge international bailout required by the cash-strapped nation.


Thumbnail

Greek debt crisis live: Moscovici pushes Merkel with pledge Greece can earn

European Commissioner Pierre Moscovici said Greece's European creditors have approved to provide debt relief as long as the country's government can provide on the terms of its third bailout package.


Thumbnail

Jet Airways offers special fares on domestic network, 20% discount

Jet Airways today declared special premiere fares for all travelers travelling on its domestic routes between July 20 and October 15.


Thumbnail

Massachusetts questions Uber & Lyft over disability access

Massachusetts has raised concerns over the efforts taken by ridesharing outfits like Uber and Lyft to accommodate disabled passengers. It is learned that the state's Attorney General is questioning both Uber and Lyft...


Thumbnail

Greek debt crisis live: Banks to reopen today as prices for everyday items jump

The ongoing financial crisis in Greece has already created lots of troubles for the people living there and things are going to get tougher for the Greeks from today as they will have to pay substantially more for everyday items.


Thumbnail

Greece debt crisis live updates: German MPs to vote on Greek bailout

The German parliament is set to vote on whether to allow discussions on Greece's bailout deal. Germany is one of the several eurozone states that must give the green signal before the agreement can go ahead. The agreement...


Thumbnail

Greek debt crisis live: Brussels set to release emergency loan to get Greece

Greece Prime Minister Alexis Tsipras's grip on power suffered a major blow with 32 of his MPs rebelling as the Greek parliament votes in favor of new austerity measure against a backdrop of violence in Athens.


Thumbnail

Make in India: Boeing, Tata ink deal to build aerospace kit, drones

Boeing and Tata Advanced Systems Limited (TASL) signed a framework agreement to collaborate in aerospace and defense manufacturing, thus giving boost to 'Make in India' campaign launched by Prime Minister Narendra Modi.


Thumbnail

Greece debt crisis live: MPs debate bailout after IMF demands debt relief

Opposition to the bailout in Germany is growing especially among Angela Merkel's CDU and CSU MPs. On the other hand, George Osborne has demanded that eurozone countries protect the treasury against any losses if...


Thumbnail

Greek debt crisis live: IMF slams EU for bailout

The International Monetary Fund (IMF on Tuesday came down heavily on eurozone leaders for offering a new bailout deal to cash-strapped Greece. The international lender said the public debt of Greece had become "highly...


Thumbnail

Honda's US auto financing arm to pay $24 million for discriminatory lending

The US financing division of Honda has agreed to pay $25 million to resolve allegations that minority buyers were overcharged by the company with higher interest rates on vehicle loans.


Thumbnail

Greek debt crisis live: Tsipras meets rebellious MPs as bailout vote looms

Greece Prime Minister Alexis Tsipras faces revolt after capitulating over the swingeing austerity measures forced on the country by its Eurozone partners.


Thumbnail

Prem Watsa's Fairfax India raises stake in brokerage IIFL for Rs. 1621 cr

Fairfax India Holdings Corp FIHu.TO owned by Canadian investor Prem Watsa, is planning to increase its share in Indian financial services business IIFL Holdings Ltd IIFL.NS to up to 26 per cent for $225 million by way...


Thumbnail

Greek debt crisis live: Bailout deal faces resistance back home

Greek Prime Minister Alexis Tsipras is scheduled to meet his coalition partners today and convince them that the new bailout deal is going to help the country and this is without doubt a very tough task as the new deal...


Thumbnail

Greek debt crisis live: Greece seals new bailout deal to avoid euro exit

Greece today managed to seal a new bailout deal with the eurozone after holding marathon talks on Sunday. The deal will prevent the country from crashing out of the eurozone. Greece's leftist Prime Minister Alexis...


Thumbnail

Greek debt crisis live: Germany issues bailout ultimatum

Eurozone leaders are yet to reach a new bailout for Greece in order to prevent the country from going bankrupt. German Chancellor Angela Merkel, Greek Prime Minister Alexis Tsipras, French President Francois Hollande, and...


Thumbnail

Greek debt crisis live: Eurozone to start 'difficult' talks

Eurozone finance ministers will resume the crucial talks on a bailout deal for Greece in Brussels. The ministers met for nine hours on Saturday but the talks ended without agreement and Eurogroup leader Jeroen...


Thumbnail

Greek debt crisis live: Eurozone finance ministers fail to reach agreement

Eurozone finance ministers on Saturday failed to reach an agreement to resolve the Greek debt crisis. During the meeting, Germany produced a half-baked scheme to take out Greece from crisis for five years. Italy is preparing...


Thumbnail

NYSE breakdown: SEBI, exchanges review risk management

A major "glitch" halted trading for four hours at the New York Stock Exchange (NYSE) last night and the breakdown forced regulator SEBI and stock exchanges to initiate an urgent review of the overall risks management and disaster recovery systems of the Indian markets.


Thumbnail

Immigration Reform News 2015: Most Americans favor low-skilled visa program for

Most Americans seem to agree to the fact that there is a great need for low-skilled labor in the U.S. and this is the main reason why they supported a visa program for "physically demanding work" for legal immigrants in a survey.


Thumbnail

Computer glitch hits United Airlines again

Hundreds of United Airlines flights were grounded for hours on Wednesday after computer problems hit the airlines for the second time in the last two months.


Thumbnail

Sahara chief Subrata Roy tells SC unable to pay Rs. 36,000 cr, what now

Sahara Group boss Subrata Roy who has been lodged in jail for the last 16 months for disobeying Supreme Court's order, has expressed inability to pay up saying that it is impossible for any firm to shell out Rs 36,000 crore in 18 months.


Thumbnail

Virgin America $38 Flights 'Biggest Deal Of The Year' Is Awesome

This is one of the best offers not just from Virgin America but from any airline company in recent memory. The eight hour sale is far too short and will end very soon.


   Next>>