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Flight Centre Travel Group to open 23 Flight Shop stores

Flight Centre Travel Group to open 23

Australia-headquartered travel firm, Flight Centre Travel Group will open 23 stores across the country by June 2017 as part of its expansion plans in the country, says a PTI report. "We will be opening 23 new Flight Shop stores across the country by June 2017. We will be investing around Rs 20 crore for these stores," FCm Travel Solutions and Flight Shop

October 30, 2014  |  comments ( 0 )  | 

 Lafarge, Holcim notify proposed merger with European Commission

Lafarge, Holcim notify proposed merger

Aiming to complete their mega merger to create world's largest building material company in first half of next year, Lafarge and Holcim have formally notified the European Commission about the amalgamation plan for regulatory approval, says a

October 29, 2014  |  comments ( 0 )  | 

20 Keralites in Arabian Business \'100 Indian Power List\'

20 Keralites in Arabian Business '100

 As many as 20 entrepreneurs and professionals from Kerala have been named in the annual list of 100 powerful Indians in the Gulf countries with people from the southern state also bagging the top two positions, says a PTI report. The

October 29, 2014  |  comments ( 0 )  | 

Garment exports up 16 per cent in September to $1.3 billion

Garment exports up 16 per cent in

Garment exports grew by 16 per cent in September to $1.3 billion, helped by rising cost in China and non-compliance issues in Bangladesh, says a report in PTI. During April-September period, the shipments rose by 17.6 per cent to $8.3

October 29, 2014  |  comments ( 0 )  | 

GourmetItup raises USD 300,000 from angel investors

GourmetItup raises USD 300,000 from

Restaurant reservations platform, GourmetItup has raised USD 300,000 angel funding from a clutch of investors, including corporate executives, says a PTI report. The two-year old company plans to use the funds for its expansion within the country

October 28, 2014  |  comments ( 0 )  | 

Agra to host leather, footwear components fair from November 7

Agra to host leather, footwear

The Eighth International Leather, Footwear Components and Technology Fair will be held here from November 7 to 9, according to a report in PTI. Around 170 manufacturers from all over India and from Germany, France, Italy, Thailand, Taiwan

October 20, 2014  |  comments ( 0 )  | 

Customs officials put on alert to check gold smuggling

Customs officials put on alert to check

 The government has put on alert customs officials at all international airports and land and sea borders to further intensify measures to check gold smuggling, which it suspects could rise during the ongoing festive season, says a PTI

October 20, 2014  |  comments ( 0 )  | 

Mother Dairy launches gift packs for festive season

Mother Dairy launches gift packs for

Mother Dairy Fruit and Vegetable has launched various gift packs for the ongoing festive season including sweets packs and gift packs of fruit juice, for its customers, says a PTI report. The company which sells its milk and dairy products

October 17, 2014  |  comments ( 0 )  | 

Sebi approves upto Rs 1,600cr rights issue of Future Retail

Sebi approves upto Rs 1,600cr rights

Kishore Biyani-promoted  Future Retail  has received market regulator Sebi's approval to raise up to Rs 1,600 crore through rights issue, says a PTI report.  The company had filed its application with the Securities and Exchange

October 16, 2014  |  comments ( 0 )  | 

Anand Mahindra asks citizens to make Modi's campaign successful

Anand Mahindra asks citizens to make

Mahindra Group Chairman,  Anand Mahindra today said every citizen would have to play a part in making PM Narendra Modi's ambitious 'Make In India' project successful, as per a report in PTI.   "We have to make

September 26, 2014  |  comments ( 0 )  | 

ICICI Bank unveils new product for NRIs

ICICI Bank unveils new product for NRIs

ICICI Bank today launched a new product to serve the Indian diaspora and cater to their non— financial needs, as per a report in PTI.   Further, the top private lender said ‘NRI Advantage’ entitles customers to avail of

September 24, 2014  |  comments ( 0 )  | 

8 Indians led by Chanda Kochhar in Fortune's list of powerful Asia-Pacific women

8 Indians led by Chanda Kochhar in

As many as eight Indian women, led by ICICI bank chief Chanda Kochhar, have made it to the Fortune list of 25 most powerful women, shaping the new world order in the Asia-Pacific region, says a PTI report. Kochhar, ranked highest among Indian

September 22, 2014  |  comments ( 0 )  | 

BPCL says no plan to tie up with private companies for retail expansion

BPCL says no plan to tie up with private

Bharat Petroleum Corporation has ruled out tying up with private players, saying that the PSU has enough capabilities for expanding its retail presence on its own, as per a PTI report. Rival company, Hindustan Petroleum one of the leading OMC

September 22, 2014  |  comments ( 0 )  | 

Four Indian cities in Asian Top 10 destinations list

Four Indian cities in Asian Top 10

Four Indian cities — Agra, Ahmedabad, Kochi and Panaji — feature among the Asian Top 10 list of a global survey, when it comes to last-minute bookings for luxury destinations, which are also affordable, as per a report in

September 22, 2014  |  comments ( 0 )  | 

Quikr secures $60 million funding from investors

Quikr secures $60 million funding from

Online classifieds firm Quikr today said it has raised USD 60 million funding for business expansion, says a PTI report. Tiger Global Management along with all existing investors in the company participated in the funding, Quikr said. The current

September 18, 2014  |  comments ( 0 )  | 

 US-based CNSI to double headcount at Chennai unit

US-based CNSI to double headcount at

US-headquartered business solutions provider CNSI would double its headcount to about 600 in the next two years besides expanding the facility, as reported by PTI. "Globally we have about 1,000 plus employees. The Centre for Technology and

September 18, 2014  |  comments ( 0 )  | 

Narendra Modi likely to attend technology fair in Germany in 2015

Narendra Modi likely to attend

Prime Minister Narendra Modi is expected to attend the world-renowned engineering and technology fair at Hannover in Germany in April next year, says a PTI report. India has conveyed its consent to be the ‘Partner Country’ at the

September 18, 2014  |  comments ( 0 )  | 

India home to 100 billionaires; 6th largest population globally

India home to 100 billionaires; 6th

India has retained its sixth position, in terms of number of billionaires with 100 such people collectively having $175 billion in net worth. While, globally the number of uber-rich has reached a record high of 2,325 persons, as per a PTI

September 17, 2014  |  comments ( 0 )  | 

Lupin inks pact with Merck Serono to expand in emerging markets

Lupin inks pact with Merck Serono to

Drug major Lupin has entered into long-term partnership with Merck Serono, the biopharmaceutical division of Merck, for expansion in emerging markets.  As part of the agreement, Lupin will support Merck Serono in the implementation of its

September 16, 2014  |  comments ( 0 )  | 

Apparel Export Promotion Council seeks upward revision of duty drawback

Apparel Export Promotion Council seeks

Apparel Export Promotion Council today sought an upward revision of duty drawback rates for cotton garments, garments of blended yarn and man made fibres, says a PTI report. In his presentation to the Duty Draw Back Committee, under the

September 16, 2014  |  comments ( 0 )  |