August 23, 2014 15:21 (IST)
Continuing its losing streak for the eight straight session, gold prices shed Rs 40 to close at a nearly one-month low of Rs 28,100 per 10 grams in the national capital on Saturday due to slackened demand from jewellers and retailers even as the metal recovered overseas.
August 23, 2014 14:09 (IST)
The Reserve Bank of India (RBI) said that all transactions involving domestic credit cards must follow rules requiring additional verification, a stance that could impact companies such as Uber Technologies Inc that provide more simple app-based purchases.
August 23, 2014 12:21 (IST)
Amazon Inc is planning to develop its own software for placing advertisements online, The Wall Street Journal reported, citing people with knowledge of the matter.
August 23, 2014 11:48 (IST)
Gold prices edged up on Friday as US equities slipped, but gains were limited after Federal Reserve Chair Janet Yellen said US labour markets remain hampered by the effects of the Great Recession.
August 22, 2014 23:59 (IST)
Beverages giant Coca-Cola has shelved the plan to expand its bottling plant at Varanasi citing "inordinate delay" in receiving clearance for the project from the Central Ground Water Authority (CGWA).
August 22, 2014 22:27 (IST)
The Department of Telecom (DoT) has extended the permit period to sell international SIM cards to three years from one year earlier.
August 22, 2014 22:27 (IST)
The Oil Ministry will approach the Cabinet regarding a possible deregulation of domestic diesel pricing as local prices could soon reach parity with global levels, two ministry sources told Reuters.
August 22, 2014 21:31 (IST)
The DDA on Friday announced its much-awaited 'Housing Scheme 2014' - offering over 25,000 flats across various categories while scrapping the proposed plan to reserve 80 per cent flats for the city-dwellers in it.
August 22, 2014 19:08 (IST)
Asian Paints on Friday said its step-down subsidiary Berger International Ltd (BIL) has filed an application for investment approval with the regulatory authorities for setting up a paint manufacturing facility in Indonesia.
August 22, 2014 19:07 (IST)
The increase in India's iron ore royalty rates is not likely to have a major impact on the profitability of steel producers in the country, rating agency Fitch Ratings has said.
August 22, 2014 18:34 (IST)
The first meeting of the panel will be held on Monday, said Rajive Kumar, additional secretary in the oil ministry.
August 22, 2014 17:01 (IST)
According to a report by Standard Chartered Bank, Hyundai plans to source engines for its global operations from India, Ford plans to make India its manufacturing hub for engines for the Asia-Pacific region and Africa, and Volkswagen plans to increase sourcing from India to 70 per cent of total global sourcing.
August 22, 2014 15:42 (IST)
IRB Infrastructure Developers has won a bid to develop toll collection booths at the Mumbai-Pune Expressway, according to sources.
August 22, 2014 15:10 (IST)
Maruti Suzuki India, the country's largest carmaker, expects voting by minority shareholders to happen sometime in October for approval of its plans to let parent Suzuki Motor Corp own a proposed new plant in Gujarat.
August 22, 2014 14:32 (IST)
Kingfisher Airlines Ltd has been asked by a consumer court in Delhi to pay over Rs 45,000 to a family for failing to refund their cancelled tickets even after seven years.
August 22, 2014 14:28 (IST)
Online restaurant guide Zomato has acquired two popular restaurant guides - Czech Republic's Lunchtime.cz and Obedovat.sk of Slovakia - for a total of $3.25 million as part of its global expansion plans.
August 22, 2014 14:25 (IST)
Rohit Shetty's directorial venture Singham Returns, starring Ajay Devgn and Kareena Kapoor, had a strong opening week, boosting its total collections to nearly Rs 112 crore, Bollywood website koimoi.com said in a report.
August 22, 2014 14:18 (IST)
Salman Khan-starrer Kick did Rs 25 lakh business at the domestic box office on Wednesday, according to estimates of Bollywood website Koimoi.com. It takes Kick's total domestic collection to Rs 231.70, says the website.
August 22, 2014 13:38 (IST)
There is a danger for miners that they will be unable to pass on the cost fully to steel mills due to weaker global prices, and the competition from imports, traders said.