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CCI chief: Order to ensure car spare parts market is less costly

CCI chief: Order to ensure car spare

After imposing a penalty of Rs. 2,545 crore on 14 carmakers for unfair trade practices, the CCI today said it wanted to ensure that the spare parts maintenance market gets less expensive for consumers. The Competition Commission of India (CCI) on Monday penalised auto makers for unfair business ways in the spare parts and after services

August 29, 2014  |  comments ( 0 )  | 

Diageo rolls out Smirnoff Black in Karnataka

Diageo rolls out Smirnoff Black in

NEW DELHI: World's largest liquor maker Diageo will extend its new vodka offering in the Smirnoff range by rolling it out in Karnataka. The company, which has launched the brand - Smirnoff Black, available at a price point that is above

August 29, 2014  |  comments ( 0 )  | 

Small units in India and China join hands for biz, technology

Small units in India and China join

The trade deficit with China stands at USD 36.21 billion in 2013-14. This can be reduced to sustainable levels through more exports from India to China as well as China investing in building manufacturing capacities in India, Assocham

August 28, 2014  |  comments ( 0 )  | 

Vegetable prices soar in Punjab, Haryana

Vegetable prices soar in Punjab, Haryana

Chandigarh : In the wake of shortage of supplies from neighbouring states like Himachal Pradesh, prices of vegetables including tomato and potato have seen a significant surge in the last one week in Punjab and Haryana. Tomato prices have

August 28, 2014  |  comments ( 0 )  | 

Government finalises 2 electronic manufacturing clusters

Government finalises 2 electronic

NEW DELHI: The government has finalised two electronic manufacturing clusters (EMCs) and has given an in-principal approval to eight others as part of its efforts to boost domestic manufacturing of electronic products. Speaking at the first

August 28, 2014  |  comments ( 0 )  | 

Godrej Industries plans to add 3000 employees by 2017

Godrej Industries plans to add 3000

MUMBAI: Godrej Industries plans to increase its staff strength by 3,000 by 2017. Currently, the company has got 15,000 people on its roll across more than 80 countries. Nine thousand of them are based outside India. "We are eyeing

August 27, 2014  |  comments ( 0 )  | 

NOFN will lead to e-commerce explosion in India: IT Minister

NOFN will lead to e-commerce explosion

NEW DELHI: Expressing optimism about the growth opportunities provided by the Internet, Communications and IT Minister Ravi Shankar Prasad today said the National Optical Fibre Network (NOFN) will herald an e-commerce revolution in

August 26, 2014  |  comments ( 0 )  | 

OnMobile appoints Francois Charles Sirois as non-executive Chairman

OnMobile appoints Francois Charles

Bangalore:  OnMobile Global Limited, leading mobile services firm, announced the appointment of François-Charles Sirois as non-executive Chairman of its Board.   The Managing Director and CEO Rajiv Pancholy welcomed the

August 26, 2014  |  comments ( 0 )  | 

Saudi agriculture show to have huge Indian participation

Saudi agriculture show to have huge

Riyadh:  A total of 48 Indian companies will attend the 33rd international agriculture, water and agro- industry trade show here in the Saudi Arabian capital, stated to be the largest ever Indian participation in the event. The Saudi

August 25, 2014  |  comments ( 0 )  | 

Surat to have India's first diamond SEZ soon

Surat to have India's first diamond SEZ

New Delhi: After courting success with an array of special economic zones, Gujarat is now proposing to set up an only-for-exports hub for diamonds at Surat, possibly the first of its kind in India. "We have identified everything (like

August 25, 2014  |  comments ( 0 )  | 

Kamdhenu to invest Rs 150-cr in paints division in three years

Kamdhenu to invest Rs 150-cr in paints

New Delhi: Kamdhenu Ispat will invest Rs 150 crore in its paints division over three years to nearly double its capacity to 78,000 litres per year.  "We have decided to invest Rs 150 crore in three years, around Rs 50 crore each

August 25, 2014  |  comments ( 0 )  | 

'China dominating Indian air conditioner market'

'China dominating Indian air conditioner

PANAJI: China is dominating the Indian air conditioner market, surpassing the indigenous manufacturers who fail to get into mass production, an expert said today.  "By and large Indian manufacturers are not more than 20 per cent

August 22, 2014  |  comments ( 0 )  | 

Hilton plans to add more hotels in India

Hilton plans to add more hotels in India

JAIPUR: Seeing India as a key strategic growth market, Hilton Worldwide plans to expand the network of its brand hotels in the country to 18 by the end of next year.  One of the proposed hotels will be opened near Amber in Jaipur which

August 21, 2014  |  comments ( 0 )  | 

Arvind takes franchise of The Children's Place

Arvind takes franchise of The Children's

New Delhi: Textile firm Arvind today said it has entered into a franchise agreement with US-based Kid's speciality apparel retailer The Children's Place.  Arvind Lifestyle Brands Ltd, its subsidiary is expected to open 50 stores

August 21, 2014  |  comments ( 0 )  | 

State FMs want lower threshold of Rs 10 lakh for levying GST

State FMs want lower threshold of Rs 10

New Delhi: State Finance Ministers on Wednesday pressed for lowering the threshold limit to Rs 10 lakh for imposing Goods and Service tax (GST) on entities and asked the Centre to specify GST compensation structure for five years in the

August 21, 2014  |  comments ( 0 )  | 

Govt Cuts Minimum Export Price of onion to $350/Tonne

Govt Cuts Minimum Export Price of onion

New Delhi: Government today reduced minimum export price (MEP) of onion to $ 150 a tonne from $ 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states.   This is the third

August 21, 2014  |  comments ( 0 )  | 

Delhi ranked 111th in global liveability study

Delhi ranked 111th in global liveability

LONDON: Delhi has been ranked a dismal 111th out of 140 world cities in a latest global liveability study, pointing to the lack of urban planning across India's polluted and chaotic cities. India's capital shares the ranking with the

August 21, 2014  |  comments ( 0 )  | 

Traditional textiles to be spotlight in Krishna Mehta's collection at Lakme Fashion Week

Traditional textiles to be spotlight in

MUMBAI:Veteran designer Krishna Mehta will highlight fabrics from Bhagalpur, Benaras and Maheshwar at the ongoing season of Lakme Fashion Week (LFW) here. Mehta has earlier done shows featuring the traditional textiles of Gujarat, Manipur,

August 20, 2014  |  comments ( 0 )  | 

Godrej mulls new plant at Seemandhra to make soaps, insecticides

Godrej mulls new plant at Seemandhra to

NEW DELHI: FMCG major Godrej Consumer Products Ltd (GCPL) may consider setting up a new plant in Seemandhra, while continuing the expansion of the existing capacity of plants in North East and Jammu to meet growing demand for its

August 20, 2014  |  comments ( 0 )  | 

Pepperfry.com collaborates with Evok

Pepperfry.com collaborates with Evok

Pepperfry.com, an online furniture and home products marketplace, announced a tie-up with Hindware Home Retail Pvt. Ltd. (HHRPL) which is operating under the brand name Evok. Evok, a subsidiary of HSIL to retail their range of superior quality

August 20, 2014  |  comments ( 0 )  |