Fire may hit Maruti Suzuki production
Gurgaon, Sep 7 (IANS) A major fire at the India-Japan Lighting (IJL) factory, a vendor company of Maruti Suzuki India Ltd (MSIL), may effect production of Maruti cars, a company official said on Wednesday. A…
Business
Jio apps pip WhatsApp, Facebook on Google Play
New Delhi, Sep 7 (IANS) After taking the competition in India’s telecom space to a new level when Reliance Jio offered voice calls for free forever and cut down data costs, Jio apps have now…
Special package to Andhra likely in a day or two
New Delhi/Vijayawada, Sep 7 (IANS) The Centre is expected to announce a special package for Andhra Pradesh in a day or two as hectic consultations were on in the national capital on Wednesday. Finance Minister…
Karnataka releases Cauvery water to TN amid protests
Bengaluru, Sep 7 (IANS) Bowing to the Supreme Court order, Karnataka on Wednesday began releasing Cauvery river water to Tamil Nadu amid massive protests and demonstrations across the Mysuru region. “We have started releasing water…
SpiceJet Q1 net profit up 104%, stock rises 16%
Mumbai, Sep 7 (IANS) Budget passenger carrier SpiceJet on Wednesday reported a rise of 104.24 per cent in its net profit for the first quarter of 2016-17. The company’s Q1 net profit stood at Rs…
Compensation for Hindustan Cables staff as per 2007 pay scales
Kolkata, Sep 7 (IANS) Union Minister of State for Heavy Industries and Public Enterprises Babul Supriyo on Wednesday said the Union Cabinet has decided to close down the Hindustan Cables Ltd. (HCL) and its employees…
LeEco bags ‘Internet TV Solutions Gold Award’ at IFA 2016
New Delhi, Sep 7 (IANS) Chinese internet conglomerate LeEco’s television brand LeTV has won the “Internet TV Solutions Gold Award” at the “IFA Product Technical Innovation Awards 2016” in Berlin, Germany. LeTV stood out with…
Not considering FDI in multi-brand retail yet: Sitharaman
New Delhi, Sep 7 (IANS) India is not considering allowing foreign direct investment (FDI) in multi-brand retail trading in the current circumstances, the government said on Wednesday. “At the moment, India can create several Walmarts…
Sweden’s central bank keeps interest rate at historic low
Stockholm, Sep 7 (IANS) Sweden’s central bank, the Riksbank, left the repo rate unchanged at minus 0.50 per cent on Wednesday, it said on Wednesday. While inflation continues to rise in Sweden and the national…
CPEC projects worth $17 bn in advance stage of approval
Islamabad, Sep 7 (IANS) Several projects worth $17 billion under the China Pakistan Economic Corridor (CPEC) are in pipeline and advance stage of approval, the Associated Press of Pakistan (APP) reported on Wednesday. Out of…
No bank privatisation, GST implementation on target: Jaitley
New Delhi, Sep 7 (IANS) Even as India is merging some state-run banks, Finance Minister Arun Jaitley on Wednesday said there was no move to privatise them. He also said the target date of April…
Calais migrants: Work to start on UK-funded wall
London, Sep 7 (IANS) Construction of a UK-funded wall near Calais’ Jungle migrant camp in France will begin soon, a minister said on Wednesday. Dubbed the “Great Wall of Calais” by the media, the four…
IATA, BIAL ink agreement to improve airport processes
New Delhi, Sep 7 (IANS) The International Air Transport Association (IATA) and the Bangalore International Airport Limited (BIAL) on Wednesday signed a memorandum of understanding (MoU) to enhance cooperation in airport operations. The agreement is…
BHEL’s Q1 net profit up 54%, stock rises 15%
Mumbai, Sep 7 (IANS) State-run power equipment manufacturer Bharat Heavy Electricals (BHEL) on Wednesday reported a rise of 54.21 per cent in its standalone net profit for the first quarter of 2016-17. The company’s Q1…
Malaysian businessman charged with aiding terrorists
Kuala Lumpur, Sep 7 (IANS) A businessman-cum-muezzin, pleaded not guilty in a high court in Malaysia here on Wednesday to a charge of providing a bank account for use to support terrorist activities. Mohd Naazri…
IndiaFirst Life logs 28% jump in group policies, eyes mass market
New Delhi, Sep 7 (IANS) Focusing on mass market approach, private insurer IndiaFirst Life Insurance has registered an impressive 28 per cent growth year-on-year in group insurance, against the industry growth of 18 per cent,…
Flipkart most preferred e-commerce platform: Survey
Bengaluru, Sep 7 (IANS) Flipkart has been chosen as the most preferred e-commerce platform ahead of Amazon, Snapdeal, Paytm and Shopclues, a latest survey revealed on Wednesday. The “E-tailing Leadership Index” survey was conducted by…
IoT India Congress 2016 begins in Bengaluru
Bengaluru, Sep 7 (IANS) The three-day Internet of Things (IoT) India Congress 2016 kicked off in Bengaluru on Wednesday that aims to bring together key stakeholders across the value chain and verticals to collaborate, ideate…
Profit booking subdues equity markets
Mumbai, Sep 7 (IANS) Profit booking subdued the Indian equity markets on Wednesday, as both the key indices provisionally closed the day’s trade on a flat note. Heavy selling pressure was witnessed in consumer durables,…
Kerala expects Rs 5,000 crore increase in tourism revenue
Thiruvananthapuram/Kochi, Sep 7 (IANS) The state tourism industry is expected to bring in Rs 5,000 crore in the next two years, according to tourism officials, ahead of the ninth edition of the Kerala Travel Mart…