Law on E-Commerce Needed to Protect Online Consumers: IIM Study
Ahmedabad: In the era of increased online shopping, a study conducted by the Indian Institute of Management-Ahmedabad (IIM-A) has stressed on a need for a separate law for e-commerce with a view to protect rights of web consumers in India. “To effectively protect a consumer buying goods or... read more »
Toshiba logs $317.7 million net loss in FY 2014
Japan’s Toshiba Corporation logged 37.83 billion yen (about $317.7 million) group net loss for the past fiscal year through March due to asset impairment charges and other losses, local media reported on Monday. The high-tech giant had planned to release earnings on August 31, however, a... read more »
Crude oil slump hits Indian shores
The plunge in global oil prices may have brought cheer to consumers, but it is hurting the companies involved in oil exploration and production locally. Cairn India, country’s second-largest private sector oil & gas explorer, has de-hired majority of its developmental oil rigs from its... read more »
IndusInd Bank up over 2% as RBI allows FIIs to buy shares
Shares of IndusInd Bank on Monday surged over 2 percent in morning trade on the bourses after the Reserve Bank on Friday removed the lender from its caution list. RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further... read more »
Land bill defeat shows that Modi now to needs to lead from the front
Narendra Modi’s final retreat on the Land Acquisition Ordinance, announced by the man himself in his monthly radio conversation Mann ki Baat, is a sad commentary on his... read more »
Enjoying quota benefits, UP Patels ready to back Hardik’s stir
Patel leaders in Uttar Pradesh say they intend to back Hardik Patel’s campaign for reservations though it is unlikely to generate as much interest in the politically crucial state, where... read more »
‘Indrani’s drunk father would often whip her with his belt’
GUWAHATI: As a string of truths and lies about Indrani Mukerjea are unraveled in the media by the hour, not many know she had a traumatic childhood in a dysfunctional family and was often... read more »
Sanjay Kapoor steps down as chairman of Micromax
New Delhi: Sanjay Kapoor has stepped down as chairman of Micromax, a little over a year after joining India’s second-largest handset vendor. “Sanjay Kapoor has decided to move... read more »
RBI likely to cut interest rates in September policy meet
There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on September 29 thanks to inflation striking a record low, according to a Reuters... read more »
