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Domestic car sales decline 2.55% in Octo...

Domestic car sales decline 2.55% in October

NEW DELHI: Domestic passenger car sales declined 2.55 per cent to 1,59,036 units in October from 1,63,199 units in the year-ago month. Motorcycle sales last month also declined 8.73 per cent to 10,08,761 units from 11,05,269 units a year earlier, according to data released by the Society of Indian... read more »

Jayant Sinha Takes Charge as Minister of...

Jayant Sinha Takes Charge as Minister of State in Finance Ministry

Indian Institute of Technology (IIT-Delhi) and Harvard Business School alumnus Jayant Sinha today took charge as Minister of State in the Finance Ministry. Mr Sinha was briefed by senior officials in the Ministry soon after taking charge. He assumes office at a time when the ministry is preparing... read more »

J&J buys electrolyte drink Orsl for...

J&J buys electrolyte drink Orsl for Rs 750cr

BANGALORE: Johnson & Johnson (J&J) has acquired Orsl, an energy drink brand, for Rs 750 crore from city-based Jagdale Industries. Orsl, which has a few variants, is a fruit-based electrolyte drink, recommended by healthcare practitioners for illnesses related to digestion, pain, fever,... read more »

Don’t harrass taxpayers, I-T offic...

Don’t harrass taxpayers, I-T officials told

NEW DELHI: The Central Board of Direct Taxes on Friday issued 12 commandments to its field offices, asking them to stick to appointments, address grievances and avoid unnecessary harassment of taxpayers. In an effort to usher in a customer-friendly regime, officers have been asked to observe... read more »

More from Business

Rupee erases all gains, trades flat at 60.84 per dollar

Mumbai: The Indian rupee erased all its gains and remained barely changed from its previous close, tracking the weakness in other Asian currencies on Friday. At 2.19pm, the home currency... read more »

Alibaba’s IPO Priced at $68 a Share

Alibaba Group Holding Ltd. ‘s shares priced Thursday at $68 apiece, putting the Chinese company on track for an initial public offering that will raise at least $21.8 billion. The... read more »

China hands drugmaker GSK record $489 mln fine, sentences executives

 China has fined GlaxoSmithKline Plc a record 3 billion yuan ($488.8 million) for paying bribes to doctors to use its drugs, the British company said on Friday, drawing to a close a... read more »

Gold tumbles, dips to over 3-month low on global cues

Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by a weakening global... read more »

ONGC made Rs 81,890 crore investment to raise output

Country’s largest oil and gas producer ONGC on Friday said it has invested Rs 81,890 crore in bringing on stream newer discoveries and arrest natural decline that has set in its ageing... read more »