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Air passenger traffic higher by 20 percent in 2015
New Delhi, Jan 19: Low fuel prices, coupled with competitive fares and recovering economic activity, led India's domestic air passenger traffic to skyrocket by 20.34 percent in 2015, official data showed on Monday.
The data furnished by…
HCL recovers quarterly in profit; annually in revenue
New Delhi, Jan 19: Software major HCL Technologies Ltd has recovered quarterly in net profit and annually in revenue in second quarter (October-December) of its calendar year (July 2015-June 2016), growing at double digit in rupee terms.…
Give data on Welfare Schemes in 12 Drought-hit States: Supreme Court
New Delhi, Jan 19: The Supreme Court on Monday asked the Centre to furnish data on the implementation of the National Food Security Act (NFSA), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), mid-day meal and rainfall…
Guenter Butschek named Tata Motors CEO and MD
Mumbai, Jan 19: Leading Indian automobile manufacturer Tata Motors on Monday announced the appointment of Guenter Butschek as CEO and managing director.
"Butschek's appointment comes at an opportune moment. He brings with him rich global…
Worldwide IT spending to grow 0.6 percent in 2016: Gartner
Mumbai, Jan 19: Worldwide IT spending is forecast to total $3.54 trillion in 2016, barely a 0.6 percent increase over 2015 spending of $3.52 trillion, according to world's leading information technology research company Gartner, Inc.
The…
Facebook launches initiative to counter hate speech in Europe
New York, Jan 19: In a bid to answer critics that it has not done enough to tackle online racist and hate speech at a time when Europe is going through a refugee crisis, Facebook has started a new initiative to counter extremist posts on…
HCL Technologies Ltd net up 11 Percent sequentially
New Delhi, Jan 19: Software major HCL Technologies Ltd on Tuesday reported net profit of Rs.1,920 crore for second quarter (October-December) of its fiscal (2015-16), registering 11.2 percent growth sequentially but fractionally up 0.2…
Key Indian equity indices open higher
Mumbai, Jan 19: Key Indian equity indices opened higher on Tuesday after falling to a 20-month low the previous day as investors scouted for bargains at lower levels.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange…
HSIIDC, Mizuho Bank sign MOU for Japanese Investment
Tokyo/Chandigarh, Jan 18: Leading Japanese financial institution Mizuho Bank Limited on Monday signed an MoU with the Haryana government to promote industrial and infrastructure development, generate employment opportunities and attract…
Falling exports and oil prices subdue markets
Mumbai, Jan 18: Falling exports, coupled with a continuous weakness in global crude oil prices and caution over third quarter results, depressed Indian equity markets during the late-afternoon trade session on Monday.
This resulted in a…