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Indian Economy on cusp of Big Growth Phase: Government
The current position of Indian economy has positioned country on the cusp of a major phase of growth, Minister of State for Finance Jayant Sinha said on Friday.
"We think the economy is now poised for a very big growth phase. Our…
Indian ICT Hardware Market grew 24 Percent in 2014-15
The overall size of Indian information and communication technology (ICT) hardware market grew 23.98 percent over the previous year in 2014-15 to stand at $15.87 billion, an annual industry performance report said here on Friday.
This…
Experts hope Shah committee’s MAT Report will be sans Googlies
Tax experts are hoping that there are no googlies in the Justice A.P.Shah panel report on the levy of minimum alternate tax (MAT) on foreign institutional investors (FII) and foreign portfolio investors (FPI) and expect the recommendations…
Titagarh Group forays into Metro Coach, Train manufacturing
Titagarh Wagons Limited (TWL), one of the leading private sector wagon manufacturers in India, today announced its foray in the metro coach and high-speed train manufacturing with the acquisition of the business of Firema Trasporti S.p.A.…
BSE Sensex provisionally closes over 275 Points up
Hopes of an RBI rate cut, cheaper oil imports and possibility of further delay in US lending rate hike propelled a barometer index of the Indian equity markets to provisionally close with gains of more than 275 points on Thursday.
The…
Net Neutrality Stands, Not Free Calls via Internet Messengers
In a move that can end the free regime for domestic calls made through Internet messenger services such as WhatsApp, Viber and Skype, an official panel has suggested that they be benchmarked against regular telecom service providers for…
Anil Ambani announces Rs.5,000 Cr New Defence Investment
With the recent acquisition of Pipavav Defence, Reliance Group chairman Anil Ambani announced on Thursday that an additional investment of Rs.5,000 crore will be made as part of India's emphasis on "Make in India" for military hardware and…
FDI Simplification: Union Cabinet nod for merging FDI, FII Limits
The cabinet committee on economic affairs on Thursday cleared a policy for determining composite foreign investment limits by including funds flowing through foreign direct investment (FDI), foreign institutional investment (FII) and other…
Five-Day India Couture Week 2015 to begin from July 29
With online store Amazon.in as its official title sponsor, the five-day India Couture Week 2015 will begin in New Delhi on July 29.
The Fashion Design Council of India (FDCI), the apex fashion body in India, has announced that Amazon.in…
California State imposes $7.3 mn fine on Uber Cab Services
A court in US' California state has imposed a fine of $7.3 million on Uber cab services for not providing regulators enough information about its service and operations, a media report said. Chief Administrative Law Judge Karen V. Clopton…