Starbucks suspends use of ingredients not approved by FSSAI June 15, 2015 17:17
Tata Starbucks has suspended the use of ingredients which are not approved by food regulator FSSAI in certain products served at its India outlets. Tata Starbucks Pvt Ltd, is a joint venture of Tata Global…
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Apple client Foxconn in talks with Indian officials to start a plant! June 12, 2015 12:25
Apple iPhones may be produced in India if the talks bet the representatives of Foxconn Technology and the officials of Indian government. They have approached the officials with an aspiration to take part in PM…
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China’s stagnation, India’s gain June 10, 2015 13:02
Long term stagnation of the Chinese economy can prompt India to play a vital role among the Southeast-Asian countries to become the century’s destination by successfully enacting pro-market reforms. "China may be heading toward long-term…
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RBI announces new measures on debt restructuring June 09, 2015 17:58
The Reserve Bank of India (RBI) has announced fresh guidelines to enable commercial banks to acquire a majority stake in the companies that are unable to repay loans and has come under the strategic debt…
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Filing tax returns simplified June 01, 2015 11:19
The central government has announced the simplified and thinner income tax return forms, which do away with the need for the unnecessary disclosures on the spending on foreign visits and dormant bank accounts and extended…
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SpiceJet launches discount offer to mark its 10th Anniversary. Fares start at Rs 1,010 for 3 days May 19, 2015 19:20
Low-fare airline SpiceJet has launched a discount offer to mark the 10th year of its operations. Under celebrationsale, the airline is offering fares starting at Rs 1,010 (all inclusive). The three-day sale launched today will…
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Yamaha's New Scooter 'Fascino' May 08, 2015 16:18
India Yamaha Motor today launched the Yamaha Fascino scooter. Sporting a “rich and class modern retro” design, the scooter is targeted at the Indian youth, which Yamaha says makes up over 50 percent of the…
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Capgemini to acquire iGATE with $4 billion at $48 per share April 28, 2015 11:16
The France-based IT services major Capgemini has announced the acquisition of New Jersey (US) based iGATE at a price of $48 per share, means total deal would stand at $4 billion. If the deal gets…
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Act against bank frauds worth Rs 17,500 crore April 24, 2015 11:19
RBI chief Raghuram Rajan has written to the prime minister’s office seeking “concerted” action in the country’s 10 biggest bank frauds allegedly involving prominent real estate, media and diamond firms that are being probed by…
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Hyundai ix25 expected by JUN 2015 April 20, 2015 16:05
Hyundai, the country's second largest automaker has finally confirmed that it will be bringing its ix25 compact SUV to India. Auto aficionados have to wait a little longer to get their hands on this latest…
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Banks turn to consumer loans April 20, 2015 11:59
Hoping to offset a slow recovery in corporate lending, Indian banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers. Given…
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India offers better investment climate than other BRIC countries: Survey April 20, 2015 10:07
According to a survey conducted by the Indian embassy in Berlin in partnership with EY, the German companies have rated India as the best performing country among the BRIC markets. The EY Delphi has studied…
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