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Business
Highlights of proposed Insolvency and Bankruptcy Code
New Delhi, Dec 21: Highlights of the bill for an Insolvency and Bankruptcy Code that was introduced in the Lok Sabha, the lower house of parliament, by Finance Minister Arun Jaitley on Monday:
- Consolidates into a single law a host of…
Group opposes decision to control cotton seed price
New Delhi, Dec 21: The government decided to control prices of cotton seeds, including the genetically modified versions, without consulting any technology provider or other stakeholders, a non-profit organisation that promotes agriculture…
Dubai hospitality firm acquires Kochi Hotel
Kochi, Dec 21: Twenty14 Holdings, the hospitality investment arm of LuLu Group International, on Monday announced the acquisition of its first property in India -- the Abad Airport Hotel in Kochi.
The 54-room hotel is located near the…
PepperTap raises $40 million in Series B funding
New Delhi, Dec 21: Online grocery portal PepperTap said on Monday it has closed its Series B round of funding, with an additional $4 millon from Innoven Capital, in addition to the $36 million raised recently from SnapDeal, Sequoia India,…
ICV protests omission of Christians from Assocham meet
Mumbai, Dec 21: The Indian Christian Voice on Monday protested what it terms "a deliberate insult" to the Christians by apex trade body Assocham that failed to include any speaker from the community for its two-day seminar opening in New…
‘Will compensate industry in another way for GST delay’
Jaipur, Dec 21: On the passage of the Goods and Services Tax (GST) bill currently stalled in the Rajya Sabha, the government said on Sunday it will "find another way" to bring benefits of the law to industry.
"Even if GST is not passed…
BSE Sensex sheds 22 Points in early Trade
Mumbai, Dec 21: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading 21.82 points, or 0.09 percent down during Monday's morning session.
The wider 50-scrip Nifty of the National Stock Exchange…
New offering from EdCast to share content in 15 mn sites
Mountain View (California), Dec 20: Social knowledge network EdCast on Sunday announced a new feature that enables users to share a wide variety of external web content via its platform, including articles, videos and studies at the click…
2015: Mix of red, amber, green light for Auto Industry
Chennai, Dec 20: Indian passenger car makers were under legal and regulatory spotlights in 2015, while for the automobile industry, in general, it was a year of mixed fortunes in terms of sales with growth rates ranging from double digits…
Currency valuations buoy India’s Forex reserves: Experts
Mumbai, Dec 19: Currency valuations, coupled with buying by central bank in the spot trading market, resulted in India's foreign exchange reserves (Forex) coffers gaining $407.9 million in the week ending December 11, experts said on…