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  Govt projects Q3 GDP at 7.5%; FY15 growth at 7.4%

  February 09, 2015 19:30 IST

  New Delhi: Indian economy is likely to grow at a faster pace of 7.4 per cent in the current fiscal as against 6.9 per cent in 2013-14, according to government's advance estimates for GDP based

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  Flipkart planning $5 billion US IPO: Reports

  January 29, 2015 17:32 IST

  Mumbai: E-commerce giant Flipkart is looking to raise around $5 billion through an initial public offering (IPO) on the US bourses in the next 18 months, a report in the Economic Times stated.To carry out

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  Obama visit will take economic ties to new high: India Inc

  January 27, 2015 11:58 IST

  New Delhi: Decisions taken during the meeting of Prime Minister Narendra Modi and US President Barack Obama will take the bilateral strategic ties to an "altogether new high", India Inc said."This visit of President Obama

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  Biocon Q3 net dips 13% to Rs 91 crore; to offload 10-15% in Syngene

  January 23, 2015 17:11 IST

  New Delhi: Biotech firm Biocon reported a 13 percent dip in net profit for October-December quarter at Rs 91 crore and said it will sell 10-15 percent stake in its research services arm Syngene.The company

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  'Government to ensure taxation not an extra burden for investors'

  January 23, 2015 16:09 IST

  New Delhi: As the government works to improve ease of doing business in India, it is taking all steps to ensure that taxation does not become an extra burden for foreign investments, a top official

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  Colgate-Palmolive Q3 net up 16% at Rs 130.86 cr

  January 23, 2015 15:17 IST

  New Delhi: FMCG major Colgate-Palmolive India has posted a 16 per cent increase in net profit at Rs. 130.86 crore for the third quarter ended December 31, 2014.The company had reported a net profit of

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  Ongoing reforms much more than 'big-bang', says Jaitley

  January 23, 2015 15:13 IST

  Davos: As expectations continue to build upon the first full budget of the Modi government, Finance  Minister Arun Jaitley said the sum-total of the reform measures and other policy initiatives already taken would be much

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  ITC Q3 net profit up over 10% at Rs. 2,635 cr

  January 21, 2015 14:02 IST

  New Delhi: Diversified conglomerate ITC today reported a 10.47 per cent rise in its net profit at Rs. 2,635 crore for the third quarter ended December 31, 2014.The Kolkata-headquartered firm had posted a profit of

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  Kotak Mahindra Q3 net up 21% at Rs 716.61 crore

  January 20, 2015 13:35 IST

  New Delhi: Private sector lender Kotak Mahindra Bank on Tuesday reported a 21.20% increase in its consolidated net profit at Rs 716.61 crore for the third quarter ended December 2014.The company reported a net profit

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  HDFC Bank among world's 50 most valued lenders in 2014: Report

  January 18, 2015 13:40 IST

  New Delhi: HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (around Rs 2.5 lakh crore at 1 dollar

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  India welcomes 15% rise in Japanese companies presence

  January 18, 2015 10:22 IST

  New Delhi: India welcomed the rise of 15 percent in Japanese companies coming to the country during 2014 and stressed that Japan is a key partner in Prime Minister Narendra Modi's 'Make in India' Initiative,

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  Axis Bank Q3 net up 18% at Rs 1,899 crore

  January 16, 2015 18:02 IST

  New Delhi: Private sector lender Axis Bank reported a 18.4 percent rise in its net profit to Rs 1,899.76 crore for the third quarter ended December FY15.The third largest private sector bank's net profit in

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  Wipro Q3 net up 8.8% to Rs 2,190 crore

  January 16, 2015 18:10 IST

  New Delhi: Wipro Ltd, India's third largest software services exporter, said its net profit for the third quarter ended December 31, 2014, rose by 8.8 per cent, at Rs 2193 crore, as against Rs 2014

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  RBI cuts repo rate by 25 bps, EMIs set to fall

  January 15, 2015 17:48 IST

  New Delhi: In a surprise move, the Reserve Bank of India (RBI) today slashed the repo rate by 25 bps to 7.75 per cent with a view to boost growth.Read full statement of Raghuram G

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  India Inc wants rate cut, says inflation likely to remain low

  January 15, 2015 7:53 IST

  New Delhi: Notwithstanding the marginal rise in December inflation, India Inc on Wednesday said low oil prices and measures undertaken by the government are likely to keep inflation under check, even as it reiterated the

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  Growth deceleration has bottomed out: Arun Jaitley

  January 09, 2015 13:41 IST

  New Delhi: In a pre-Budget meeting with representatives of social infrastructure, human capital and development groups, Finance minister Arun Jaitley said the external environment has largely turned in India's favour and trends indicate that the

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  For first time, US will join Vibrant Gujarat Summit as partner country

  January 08, 2015 11:10 IST

  Washington:  US Secretary of State John Kerry will travel to India this week to join the mega investment forum in Gujarat and pave the way for an upcoming visit by US President Barack Obama.Mr Kerry

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  Budget 2015: India Inc demands cut in corporate tax, income tax

  January 06, 2015 17:27 IST

  New Delhi: Pitching for a non-adversarial tax environment, India Inc today suggested reduction in tax rates on corporate as well as individuals to boost economic growth.In the customary pre-Budget consultation with Finance Minister Arun Jaitley,

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  High-level panel suggests single window system for green nods

  January 06, 2015 15:41 IST

  New Delhi: Observing that corporates seek "short cuts" to get clearance for their environment projects, a high level committee has suggested setting up of a 'single window' clearance system for green projects to significantly reduce

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  Sebi to bar wilful defaulters from raising funds

  January 06, 2015 15:25 IST

  New Delhi: Acting tough against wilful defaulters, market regulator Securities and Exchange Board of India (Sebi) has proposed barring entities declared as wilful defaulters from fund raising via primary markets and taking control of listed