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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 this work. We all have to do our bit," Mahindra told reporters, responding to a question on the ambitious 'Make in

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 )  | 

Bicycles costing less than Rs 3500 in UP will get exemption of VAT: Akhilesh

Bicycles costing less than Rs 3500 in UP

Uttar Pradesh Chief Minister Akhilesh Yadav on Monday announced exemption of VAT for bicycles costing less than Rs 3,500, Says aPTI report. UP CM Akhilesh Yadav said bicycles in the state costing less than Rs 3500 will be exempted from VAT.

September 15, 2014  |  comments ( 0 )  | 

World Bank keen to fund 2 mega Metro projects: MMRDA

World Bank keen to fund 2 mega Metro

After the Japanese government taking a lead in funding the megapolis' many signature infrastructure projects, now the World Bank has shown interest in funding the proposed Charkop-Dahisar and Wadala-Teen Hath Naka Metro projects, says a PTI

September 15, 2014  |  comments ( 0 )  | 

Indian economy expected to grow at 5.6% in FY\'15: FICCI

Indian economy expected to grow at 5.6%

Indian economy will expand by 5.6 per cent during the fiscal year 2014-15, according to FICCI's latest Economic Outlook Survey. "The new government guided by the objective of restoring growth and governance has given very positive policy

September 15, 2014  |  comments ( 0 )  | 

India may oust China as top cotton producer in 2014: Report

India may oust China as top cotton

India is all set to beat China and become the top cotton producer this year, ousting the communist nation from the number 1 position for the first time in over 30 years, according to a US report. The US Department of Agriculture (USDA) data

September 15, 2014  |  comments ( 0 )  | 

Wipro partners with Adobe for digital marketing

Wipro partners with Adobe for digital

Indian IT major, Wipro has partnered with software company Adobe for creating integrated marketing, commerce, analytics and customer experience solutions.   According to a PTI report, the solutions will help businesses to understand

September 12, 2014  |  comments ( 0 )  | 

Spice Retail has unveiled its first \'Smartphone Spa\'

Spice Retail has unveiled its first

Spice Retail has unveiled its first 'Smartphone Spa', a concept where users can buy skins and other accessories as well as get repairs done for any brand of smartphone, says PTI. Spice Retail, which runs a chain of retail outlets under

September 11, 2014  |  comments ( 0 )  | 

No immediate plan to cut gold import duty: Commerce Minister Nirmala Sitharaman

No immediate plan to cut gold import

New Delhi: The government on Wednesday said it was not considering any immediate cut in Gold import duty, which was hiked to 10% last year to check widening Current Account Deficit (CAD). "I cannot say that gold smuggling has increased

September 10, 2014  |  comments ( 0 )  | 

Indian mission in Islamabad issues 350-400 visas to Pakistani businessmen

Indian mission in Islamabad issues

New Delhi: The Indian High Commission in Islamabad has issued as many as 350-400 visas to Pakistani businessmen to participate in the 2nd edition of 'Lifestyle Pakistan' exhibition to be held here from September 11.   In the

September 10, 2014  |  comments ( 0 )  | 

Paragon eyes Rs 5,000-crore revenue by 2020

Paragon eyes Rs 5,000-crore revenue by

HYDERABAD: Paragon, one of the country's largest selling footwear brands, is aiming to achieve Rs 5,000 crore turnover by 2020, as against the current Rs 1,400 crore. "For the past few years we have grown at 25 to 30 per cent per

September 09, 2014  |  comments ( 0 )  |