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Govt promises 24×7 power supply to ...

Govt promises 24×7 power supply to all citizens: Piyush Goyal

Stating that they had inherited a ‘crisis ridden power sector’ from the previous government, Minister of State (Independent Charge), Power, Coal and New and Renewable Energy, Piyush Goyal, on Sunday said they are working towards correcting the situation to ensure 24×7 power supply to all... read more »

Maruti recalls 1,492 units of Ertiga, Swift, Dzire, A-Star
Suzuki Swift crosses 4mn mark globally

Suzuki Swift crosses 4mn mark globally

Japan’s small car major Suzuki Motor Corporation has clocked four million milestone in total global sales of its successful premium hatchback Swift with about half of them coming from India. According to information available on the company’s website, Swift, which was launched as a world... read more »

inconsistent weather impacts tea product...

inconsistent weather impacts tea production in India

Coonoor – uncertain weather, insufficient rains and high temperatures this summer have impacted tea production in India, as evident from 18 million kg (average) lower yield during the first six months of 2014. “Changing weather pattern in north India, especially in the eastern states... read more »

Japan seeks exemption from MAT for its c...

Japan seeks exemption from MAT for its cos in India

Japan has asked India to “at once” exempt Japanese manufacturers operating in India from withholding and Minimum Alternate Tax (MAT). Minister, Embassy of Japan, Isomata Akio, on Thursday, asked for this country-specific concession. He said he was raising the demand in view of Japan’s... read more »

More from Business

Attempt to revive manufacturing, thrust on Infrastructure

This is a directional Budget towards setting a long-term road map for fiscal responsibility as well as development. There has been a visible balance that the finance minister has struck... read more »

Govt open to hiring Coal India chief from private sector: Piyush Goyal

The government is open to hiring chairman and managing director of state-owned Coal India from the private sector, coal and power minister Piyush Goyal said on Friday. “I have also... read more »

BSNL to open call centre at Technopark

THIRUVANANTHAPURAM: A 200 seat call centre facility to serve BSNL telephone service subscribers across the state would become operational at Technopark here by August, 2014, BSNL Kerala... read more »

Sensex opens on a positive note; Hindustan Zinc rallies 7%

Sensex posts biggest weekly loss since December 2011

Benchmark share indices which had rallied to all-time highs finally succumbed to profit taking amid lack of major reforms announcement in the Budget and the uncertainty over implementation... read more »

Infosys board member V. Balakrishnan Resigns

Infosys, Under New Leader, Shows Big Profit Gain

The Indian outsourcing company Infosys reported a 15 percent increase in quarterly profit on Friday. The company said its April-June quarter profit of $482 million was up 15.3 percent from a year... read more »