Thiruvananthapuram
26 C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Wednesday, July 18, 2018

business

FDI in services sector slumps 23% in 2017-18

FDI inflows in the services sector declined by about 23 per cent to USD 6.7 billion in 2017-18, according to the Department of Industrial Policy and ...

Aurobindo Pharma gets USFDA nod for infection treatment drug

Drug firm Aurobindo Pharma has received final approval from the USFDA to manufacture and market Azithromycin tablets, used for the treatment of patie...

TCS Q1 net profit jumps 23.4% to Rs 7,340 cr

The country's largest software exporter, TCS, posted a 23.4 per cent rise in consolidated net profit to Rs 7,340 crore for the first quarter ended Ju...

Set up central agency to evaluate big loan proposals: ICAI

  Cost accountants' apex body ICAI has suggested constituting a central agency, with cost accountants and experts from other fields, to evaluate...

Automation takes root in India; robotics jobs on rise

With increased adoption of automation across industries, job seekers for robotics profiles have seen a significant jump over the last few years with ...

India expecting U.S to get in touch with it over sanctions on Iran

  India is looking at the possibility of falling back on the rupee-rial arrangement for importing oil from Iran in the wake of U.S sanctions on ...

Gadkari flags off taxi ambulance services

Union Minister Nitin Gadkari on Wednesday flagged off Wagon Cab's taxi ambulance services in New Delhi. A startup, Wagon Cab claims to be India's fir...

India to provide tariff concessions on 3,142 items to APTA members

India has agreed to provide tariff concessions on 3,142 products to Asia Pacific Trade Agreement (APTA) members, including Bangladesh and Sri Lanka, ...

Govt rules out 'knee-jerk' reaction to tackle rupee fall

The government ruled out any 'knee-jerk reaction' to tackle the fall in rupee and said appropriate measures would be taken after taking into consider...

Xiaomi Redmi Note 5 series hits 5 million sales in India

  Chinese smartphone maker Xiaomi on Thursday said its "Redmi Note 5" series has crossed 5 million sales in India within 4 months."`Redmi Note 5...

Rupee Breaches 69 Per Dollar For The First Time, May Lead To High Inflation

The embattled Indian Rupee plunged by 28 paise to hit an all-time low of 68.89 against the US dollar on Thursday morning on strong month-end dollar d...

SBI To Shut Down 9 Foreign Branches As Part Of Rationalisation

State Bank of India is in the process of closing down nine more foreign branches after shuttering six such branches as part of rationalising overseas...

Govt repaid over Rs 2 lakh cr on account of oil bonds taken: Minister

The NDA government repaid over Rs 2 lakh crore, including Rs 70,000 crore interest, which was taken as loan through oil bonds by the previous Congres...

Govt to improve norms for auditors, corporate professionals

The government is working to improve the regulations for auditors and corporate professionals as it looks to strengthen the 'fabric of corporate gove...

Govt may sell a significant portion of its stake in IDBI Bank to LIC

The government is considering a proposal to sell a significant portion of its stake in IDBI Bank to Life Insurance Corporation of India (LIC) and has...

Taj group acquires Lutyen's Delhi hotel in NDMC auction

The Connaught, a premium hotel in Lutyen's Delhi, was successfully acquired by Tata's Indian Hotel Company Limited (IHCL) in an e-auction conducted b...

Govt puts off Air India stake sale for now

The government has for now dropped plans to sell majority stake in Air India as it may not be the right time to privatise the loss-making flag carrie...

Imposing tariff on China not the right approach: U.S industry

American industry opposed the decision of President Donald Trump to impose a 25 per cent tariff on import of goods worth USD 50 billion from China, a...

Forex reserves decline $594 mn to $412.23 bn

India's forex reserves declined by USD 593.7 million to USD 412.23 billion for the week ended June 1 on a dip in the gold assets, Reserve Bank said. ...

Economic growth may cross 8% in next 2 yrs: Minister

India's GDP growth is likely to cross 8 per cent in the next two years and the government is taking a number of steps including formulation of a new ...

CBDT marks Jun 1-15 for expeditious disposal of pending appeals

The Central Board of Direct Taxes (CBDT) has dedicated a fortnight beginning June 1 for expeditious disposal of pending appeals and rectification mat...

Glenmark gets USFDA nod for contraceptive drugs

Glenmark Pharmaceuticals has received final approval from the U.S health regulator for generic versions of Loestrin tablets, used to prevent pregnanc...

RBI hikes interest rate on inflation concerns

The Reserve Bank for the first time in four-and-half-years raised key interest rate by 25 basis points to 6.25 per cent on inflation concerns arising...

Maruti 'investing' in new technologies to bring down CO2 emissions

Country's largest carmaker Maruti Suzuki India (MSI) said it is investing in new technologies to further reduce carbon dioxide (CO2) emissions per ve...

Vodafone offers up to Rs 750 discount on international roaming

Vodafone, one of India's biggest telecom operators, has announced exclusive discounts for its international roaming postpaid plans as part of a partn...

HUL to integrate foods and refreshments business in South Asia from July 1

Two years after splitting its foods and refreshments (F&R) business into two separate units, FMCG major Hindustan Unilever Ltd (HUL) said it will...

Oversupply to keep sugar prices under pressure: Report

The oversupply scenario in sugar continues to put pressure on prices, which touched a low of Rs 27,500 per tonne in mid-May 2018, a report said.With ...

ICICI Bank orders probe into allegations against Chanda Kochhar

The board of India's largest private sector lender ICICI Bank has ordered an independent probe into allegations of 'conflict of interest' and 'quid p...

Spending 2% on CSR helps create bridge b/w society, corporates: Minister

The law under which companies are required to spend two per cent of their profit towards CSR activities provides an "excellent legal framework" to cr...

Walmart partners with Microsoft for cloud solutions

DoT clears Idea-Vodafone merger with conditions

Tata-Mistry case: NCLT order deferred to July 9

Nissan to set up digital hub in Kerala