business

Telecom players eye higher call rates for survival

2013-05-19T10:00:00

The reason behind increasing call rates is that none of the players has a serious incentive to lower prices. The intensity of competition has come down after many players left the Indian market

Greece enters sixth year of recession, but prospects improving

2013-05-19T10:00:00

Unemployment in the country has climbed to 27 percent, a level unseen in Greece's modern history, with the rate at over 64 percent among the young

Switzerland wooing Indian tourists from smaller towns

2013-05-19T09:15:00

For first time travellers, who have not spent time in Switzerland, “touching the snow on the unique mountains like Titlis and Jungfraujoch” would be an experience

India, other FTA members to share offshore leaks tax info

2013-05-19T09:15:00

A worldwide media expose, described as “offshore leaks” claimed to have unearthed details of 2.5 lakh individuals and entities from over 170 countries, including India

Indians more willing to share personal info than others: Study

2013-05-19T09:00:00

Security breaches at two Indian payment card processing companies in a $45-million global ATM heist sent ripples through the IT security world

Infosys’ visa-related costs up over 50% at Rs 308 crore

2013-05-19T08:15:00

The overseas travel expenses for Infosys was also higher at about 2.7 per cent of its total revenue of Rs 36,765 crore for the fiscal 2012-13

Top six Sensex cos add Rs 40,053 cr in market value

2013-05-19T08:15:00

Last week ONGC, RIL, HDFC Bank, SBI, ICICI Bank and HDFC saw rise in their market capitalisation, while TCS, ITC, Coal India and Infosys witnessed losses

CIL: Coal Ministry wants resolution of issues before divestment

2013-05-19T08:15:00

Both Coal India and NTPC had locked horns over the issue as the power producer had refused to honour about Rs 1,000 crore bills of CIL subsidiary Eastern Coalfields

Bengal unveils draft industrial policy after long wait

2013-05-19T08:00:00

Before drafting the new policy, the government reviewed and studied industrial policies of several other states

Russia's Q1 GDP growth slumps to 1.6 per cent

2013-05-18T09:00:00

This is the fifth quarterly fall, however, it is higher than deputy economic development minister's estimate of 1.1 per cent

Canada keen on signing comprehensive economic pact with India

2013-05-18T09:00:00

The pact will benefit Canadian workers and SMEs by eliminating or reducing the tariffs on goods, cutting red tape and facilitating trade in services

Chinese Premier to meet Indian CEOs

2013-05-18T08:45:00

The Chinese Premier will also visit TCS during his visit to Mumbai

Facebook, Twitter launch apps for Google Glass

2013-05-18T08:45:00

Google Glass is currently available only to a limited number of developers and 'explorers' and it will take a while before the consumer version is rolled out

Domestic airlines told to limit number of privileged seats

2013-05-18T08:30:00

Currently only IndiGo charges extra for seating, whereas Air India and Jet Airways charge Rs 250 for every kilo of baggage above the free limit of 15 kgs

Yahoo to vote on $1.1 billion Tumblr buy: AllThingsD

2013-05-18T07:00:00

Yahoo is keen on buying the New York-based blogging service because its younger user base would enhance the former's 'cool factor'

NTPC to move coal through waterways

2013-05-18T03:30:00

This will help NTPC save nearly 15-20 per cent of the cost of transporting through land and it plans to use this model for more projects

Air India wants compensation for 787s not delivering claimed fuel efficiency

2013-05-17T16:15:00

The airline is not looking at cash payback from the US company, but reduction in the final pricing of the remaining 21 Dreamliners that will be delivered to it by the end of 2016

Diesel price hike is credit positive for oil cos like Hindustan Petroleum Corp: Moody’s

2013-05-17T16:15:00

The diesel price hike will reduce the oil marketing companies’ borrowings, which they typically use to fund the under-recoveries until the government reimburses them six to nine months later

Gold slips below Rs 26,000 per 10g in futures trade

2013-05-17T15:15:00

Gold prices are likely to fall further in coming days as investors have been shifting funds towards rising equity markets

Govt assures support to apparel sector

2013-05-17T14:00:00

During 2012-13, India’s apparel exports declined by about 6 per cent year-on-year to $12.9 billion on account of weak demand from the western markets

Uninor recognised for best working place by labour rights NGO

2013-05-17T12:00:00

Companies seeking to comply with SA8000 have to adopt policies and procedures that protect human rights of workers which include compliance to global standards on no child labour, health, safety etc

Apple's Cook to propose tax changes at congressional hearing

2013-05-17T12:00:00

Tim Cook's proposals would aim to put more companies' offshore money to use creating jobs and conducting research and development in the United States

A stretched Samsung chases rival Apple's suppliers

2013-05-17T12:00:00

After costly courtroom battles over technology patents, the two gadget giants are now going head-to-head over securing the best supply of parts as they jostle to rule the $253 billion smartphone market

S&P maintains negative outlook on India

2013-05-17T12:00:00

The agency affirmed its 'BBB-' long-term and 'A-3' short-term unsolicited sovereign credit ratings on India

India offers unlimited investment opportunities in infra: Chidambaram

2013-05-17T11:45:00

He said inflation has come down sharply in the last two months and the numbers for April is doing better

BSE slaps restrictions on 29 scrips for non-compliance with demat norms

2013-05-17T11:45:00

As per SEBI norms, shares of all listed companies having less than 50 per cent public holding in demat form need to be traded only in the trade-to-trade segment

Penitent Romanian hacker aims to protect world's ATMs

2013-05-17T11:45:00

Valentin Boanta, 33, is six months into a five-year sentence for supplying gadgets an organised crime gang used to conceal ATM skimmers

After Google, Amazon to be grilled on UK tax presence

2013-05-17T11:45:00

Amazon will follow search giant Google, which attended another grilling by parliament's Public Affairs Committee (PAC) over its tax affairs

Facebook, Twitter launch Google Glass app

2013-05-17T05:00:00

Globally popular one-to-many messaging service Twitter also introduced an application for Glass

Government allows SAIL, RINL to charter ships directly for imports

2013-05-17T05:15:00

This decision will help in meeting the shortfall in the domestic availability of coking coal. SAIL and RINL at present import around 14-15 million tonnes of coking coal annually