Browsing Category
Business
Cognizant announces Rs.260-crore aid for Chennai flood relief
Chennai, Dec 8: US-headquartered IT company Cognizant, with major operations in Chennai, on Tuesday announced Rs.260-crore ($40 million) aid for flood relief measures here and assistance as loans, grants to its employees and business…
Tokyo shares end low, Nikkei Stock Average tumbles 1.04 Percent
Tokyo, Dec 8: Tokyo shares ended trading on Tuesday lower as concerns over plunging oil prices in the global market shadowed the buoyant sentiment brought by positive revised data of Japan's July-September gross domestic product.
The…
China to establish full-coverage audit system
Beijing, Dec 8: China will establish a full-coverage audit system by 2020 that matches the country's modern governing system and capacity, according to an official document released on Tuesday.
The audit system will have a full coverage…
Insurers to foot around Rs.1,500 crore loss in Tamil Nadu
Chennai, Dec 8: The catastrophic loss of property and lives due to the floods in Tamil Nadu could cost insurance companies around Rs.1,500 crore though exact estimates will be known only later.
"The loss due to floods is catastrophic. We…
Parliament logjam and dip in oil stocks subdue Stock Markets
Mumbai, Dec 8: The prevailing logjam in parliament coupled with prospects of a US rate hike and the decline in oil and gas stocks subdued Indian equity markets, leading to a barometer index to provisionally close 253 points down on Tuesday.…
US stocks slide on falling oil prices
New York, Dec 8: US stocks fell on Monday after Friday's big rally, dragged down by a sharp decline in energy as oil prices hit a near-seven-year low.
The Dow Jones Industrial Average lost 117.12 points, or 0.66 percent, to 17,730.51.…
China releases Blueprint on Poverty Alleviation
Beijing, Dec 7: The Chinese communist party on Monday made public an ambitious plan to ensure that poor people in rural areas have access to food, clothes, basic education, medical care and a safe home by 2020. A document spelling out…
BIBA launches denim collection
New Delhi, Dec 7: BIBA, an Indian ethnic-wear brand, has come up with a ‘Denim Edition’, which comprises kurtas and tunics in denim.
“We have not only used denim but distinctive fabrics like Tencel Denim which are extremely durable as…
Chinese aircraft manufacturer sells planes to Russia
Beijing, Dec 7: A Chinese aircraft manufacturer, the Harbin Aircraft Industry Group (HAIG), said on Monday that it has signed a contract to sell 15 Y-12E aircraft to a Russian company.
The company, a subsidiary of the Aviation Industry…
Lanco Infra starts power supply to Haryana discoms
Gurgaon, Dec 7: Lanco Infratech Ltd. (LITL) on Monday announced commencement of power supply to Haryana's distribution companies (discoms) from its domestic coal-based 300 MW second unit of its Amarkantak Power Plant in Chhattisgarh.…