Tata Motors and Volkswagen could be a technology tie-up at Geneva Show

The Geneva International Show in March will not only be keenly watched for showcasing innovative cars with new technologies but also for international partnerships. This time it could be a partnership deal between Tata Motors and Volkswagen. Since both companies are somewhat financially stretched — Tata from its lossmaking domestic business and More...

by Kuldeep Chhetri | Published 11 hours ago
By Kuldeep Chhetri On Tuesday, February 21st, 2017
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Investment in Indian pharma company Granules India by World Bank

World Bank’s private sector lending arm International Finance Corporation (IFC) is going to make a debt investment worth USD 47.5 million in Indian pharma company Granules India, to partly fund its expansion More...

By Kuldeep Chhetri On Monday, February 20th, 2017
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Gold futures on the Multi Commodity Exchange were trading lower in early trade

Gold futures on the Multi Commodity Exchange (MCX) were trading lower in early trade on Monday on account of profit booking by traders amid subdued demand for precious metals from jewellers and investors. MCX Silver More...

By Kuldeep Chhetri On Saturday, February 18th, 2017
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FDI inflows into India jumped 18% to a record $46.4 bn in 2016

Foreign direct investment (FDI) inflows into India in 2016 calendar year jumped 18% to a record $46.4 billion, at a time global FDI inflows fell. Global flows of FDI fell 13% in 2016 to an estimated $1.52 trillion More...

By Kuldeep Chhetri On Friday, February 17th, 2017
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Reliance Defence is seeking alliances in areas including artillery, land systems and unmanned aerial vehicles

Anil Ambani-led Reliance Defence Ltd, which has been making headlines with spate of agreements and contracts in the defence sector, is hungry for more. These alliances will be in areas including artillery, land More...

By Kuldeep Chhetri On Thursday, February 16th, 2017
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Software Industry as the IT industry body Nasscom announced its annual review for the year 2016-17.

Unprecedented uncertainty due to political and macroeconomic factors, continuing deceleration in job growth and reduction in the traditional outsourcing business were the key factors underlining the growth prospects More...

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By Kuldeep Chhetri On Tuesday, February 14th, 2017
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Income tax department has issued refunds up 42% at Rs. 1.42 lakh crore

The income tax department has issued refunds to the tune of Rs. 1.42 lakh crore so far this fiscal till February 10, 41.5 per cent higher than last year’s. As much as 92 per cent of the refunds issued are More...

By Kuldeep Chhetri On Monday, February 13th, 2017
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Subros traded on its new 52-week high of Rs 203.25 as it started supply to Suzuki Motor Gujarat Private Limited.

Subros traded on its new 52-week high of Rs 203.25 as it started supply to Suzuki Motor Gujarat Private Limited. The company is the leading manufacturer of thermal products for automotive applications in the country, More...

By Kuldeep Chhetri On Saturday, February 11th, 2017
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Senior bureaucrat Ajay Tyagi was appointed as chairman of SEBI

Senior bureaucrat Ajay Tyagi was appointed as chairman of Securities and Exchange Board of India (Sebi) to succeed U K Sinha, whose extended tenure ends on March 1. Tyagi, a 1984 batch IAS officer of Himachal Pradesh More...

By Kuldeep Chhetri On Friday, February 10th, 2017
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Tata Steel UK has signed an agreement to sell its speciality steel unit to Liberty House Group for £100 million.

Tata Steel UK has signed an agreement to sell its speciality steel unit to Liberty House Group for £100 million. In a notification to the stock exchanges, Tata Steel said the agreement covered several South Yorkshire-based More...