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People want Income Tax Exemption Limit to be Rs.3 Lakh
Hike in personal income tax exemption limit to Rs.3 lakh, deduction for housing loans up to Rs.5 lakh and upward revision in the medical reimbursement allowance are among the main expectations of salaried individuals from the budget…
BSE Sensex closes 144 Points up, Metal Stocks gain
A benchmark index of Indian equities markets, the 30-scrip BSE Sensex, provisionally closed Thursday's trade up 144 points or 0.49 percent. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also made gains in the day's…
Blue Star targets Double-Digit Market Share in Room ACs
Airconditioning and commercial refrigeration major, Blue Star Limited, has announced the launch of a new range of contemporary, energy-efficient and eco-friendly room airconditioners for the residential segment. These airconditioners, apart…
7,009 MSMEs go on Production in 2013-14 in Odisha
As many as 7,009 micro, small and medium enterprises (MSMEs) have started production in Odisha with an investment of Rs.669.44 crore during 2013-14, said the Odisha Economic Survey report for 2014-15. With the operation of the MSME units,…
Videocon Telecom to invest Rs.1,200 Cr for 4G rollout
Videocon Telecom, the telecom brand of the $4 billion Videocon Group, will be investing over Rs.1,200 crore in the next three years for 4G rollout in 29 cities, a company statement said in New Delhi on Thursday. The service will be rolled…
RBI right in lifting Ban on Importing Gold Coins: WGC
The World Gold Council (WGC) Thursday said the RBI's decision to lift a ban on import of gold coins and medallions by banks and allowing them to import gold on a consignment basis was a right move. "These are important clarifications in the…
HAL to make Military, Civil Variants Light Utility Choppers
State-run Hindustan Aeronautics Ltd (HAL) will make military and civil variants of light utility helicopters (LUH) for the Indian and global markets, a top official said Thursday. "We are setting up a greenfield facility near Tumakuru to…
IndiaMART inducts Lizzie Chapman on its Board
Lizzie Chapman, executive director, DBS Digital Bank, has been appointed a director on the board of online marketplace IndiaMART, a statement by the latter said here Wednesday. "As IndiaMART continues to grow, Lizzie's thorough expertise…
Indian Railways’ Freight Traffic increases by 5 Percent
The Indian Railways Wednesday reported an increase of 4.64 percent in freight carried during April-January, 2015. According to the railways, it carried 906.36 million tonnes of freight in the period under review as compared to 866.14…
Hyundai launches all new 4S Fluidic Verna
Automobile major Hyundai Motor India (HMIL) Wednesday launched 10 new variants of its mid-sized sedan all-new 4S Fluidic Verna priced between Rs.7.73 lakh and Rs.12.19 lakh (ex-showroom Delhi). According to the company, the new vehicle is…