Export outlook optimistic, says Anand Sharma

Commerce and Industry Minister Anand Sharma today expressed optimism that the recent pick-up in exports will continue through the rest of the financial year despite the global slowdown. "The export performance will be better going forward despite the...

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Net4 India MD held for not depositing service tax

The Service Tax department has arrested Net4 India Ltd Managing Director Jasjit Singh Sawhney for non-payment of the levy to the tune of Rs 9 crore. Sawhney was arrested by Service Tax department officers on August 30 for the company's pending liability...

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How QSR industry is coping with economic woes

Aug 31, 2013, 07.19 PM IST Quick Service Restaurants (QSR) Industry are going all guns blazing to tackle the current economic gloom by offering a range of combos and price cuts to generate demand. Rising raw material costs and steep real estate...

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Findout: Whom you should follow on Twitter

Aug 31, 2013, 06.44 PM IST This week Suprio Guha Thakurta, the managing director for The Economist group in India recommends whom you should follow on Twitter. kill_sour...

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Analytics Quotient helps cos work efficiently

Aug 31, 2013, 06.47 PM IST Analytics Quotient, a venture founded by Pritha Choudhuri and Neerav Naik in the wake of the financial crisis in 2008. It is a marketing analytics firm and it helps companies discover ways to work more efficiently and...

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Land and Food Bills will change face of the country: Jairam

The land acquisition and food security Bills introduced recently by UPA government will change the face of the country, Union Minister for Rural Development, Jairam Ramesh, said here today."These two Bills are revolutionary and progressive and will change...

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Petrol price hiked by Rs 2.35 per litre, diesel by 50 paise

Petrol price was today hiked by a steep Rs 2.35 per litre, the sixth increase in rates in three months, and diesel by 50 paise per litre on falling rupee and firming international oil prices.The increase in rates, which will be effective midnight tonight,...

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Edward Snowden awarded with German 'Whistleblower Prize'

Former NSA contractor Edward Snowden, who exposed the most extensive US global surveillance operations, has been awarded this year's German "Whistleblower Prize" worth USD 3,900 in absentia.Also Read: China seen probing IBM, Oracle, EMC after Snowden...

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Here's how TV channels are geo-targeting TV ads

Aug 31, 2013, 07.21 PM IST Story board Anant Rangaswami interviews Srinivasan KA, the co-founder of Amagi Media. The Bangalore-based agency has been tied up by 21 channels and eigh broadcast networks in the country to play different ads in different...

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Rain to decrease drastically over Central India

The low pressure area over east Uttar Pradesh persists and the associated cyclonic circulation will extend up to the mid-tropospheric level. The axis of monsoon trough passes through Amritsar, Karnal, Bareily, Benaras, Patna, Kolkata and east central...

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Death toll in fire at HPCL Vizag's refinery rises to four

The death toll in last evening's massive fire at HPCL refinery-cum-petrochemical complex here rose to four with two workers succumbing to burn injuries early today, sources in the PSU said.Also Read: HPCL refinery partly shut after fire, one dead - Source...

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Infosys loses another senior executive in Sudhir Chaturvedi

Infosys vice president and financial services head for the Americas, Sudhir Chaturvedi, has put in his papers, marking another high-profile exit at the country's second-largest software services firm."Sudhir Chaturvedi has resigned from the company,"...

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Police make second arrest in Mumbai rape case

Police arrested a second man in connection with the gang-rape of a journalist in Mumbai, an official said on Saturday, in a case that has drawn comparisons with an attack in December that led to nationwide protests and a revision of rape laws.Also Read:...

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Al Jazeera accuses ATT of wrongly terminating contract

AT&T unfairly terminated an affiliation agreement with Al Jazeera America, the cable network says in a recently unsealed lawsuit that highlights AT&T's subscriber base in conservative states.Under a heavily redacted description of the alleged...

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Michael Jackson estate owes $702 mn in taxes: US agency

The estate of pop music legend Michael Jackson owes USD 702 million in federal taxes and penalties, the Internal Revenue Service charged in US Tax Court, accusing the estate of undervaluing some of the star's assets by hundreds of millions of dollars.The...

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Chronology: Steve Ballmer's tenure as Microsoft CEO

Microsoft Corp CEO Steve Ballmer unexpectedly announced on Friday that he would retire in 2014, 13 years after he took over the dominant personal computer software company and tried to steer it into growing markets like video games, portable music players,...

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Gold hits 9-month high; silver regains Rs 54K mark

Gold staged a smart rally and hit a nine-month high at the domestic bullion market today on strong buying from stockists amid jewellery and investment demand in the backdrop of surge in global commodity market.Silver also surged and retraced the key...

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GST dispute resolution body to be set up: FM Advisor

A dispute resolution body would be set up to deal with issues arising out of Goods & Services Tax (GST) proposed to be implemented replacing the existing indirect taxation regime, Parthasarathi Shome, adviser to the Finance Minister, said today.Also...

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Govt asks TRAI to reconsider cap on ads on channels

Information and Broadcasting Minister Manish Tewari today asked TRAI reconsider the issue of imposing the 12- minute advertisement cap on news channels suggesting the implementation could be made synchronous withthe government's digitisation drive."For...

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Subdued rain activity to raise temperatures across the country

The well marked depression has weakened into a low pressure area, presently seen over south west Madhya Pradesh and adjoining areas. The cyclonic circulation over Jharkhand and adjoining neighbourhood is seen in the lower level. The Western Disturbance...

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Manali Petro reappoints Deloitte Haskins Sells as auditors

Aug 17, 2013, 05.15 PM IST Manali Petrochemicals, in its 27th Annual General Meeting (AGM), reappointed Sanjiv Ralph Noronha as a director, and M/s Deloitte Haskins & Sells, chartered accountants as the auditors of the company. ...

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Nivyah Infra appoints independent additional directors

Aug 17, 2013, 05.15 PM IST Nivyah Infrastructure & Telecom Services appointed Nallampatti Ekambaram Kumarswamy and Bhushan Punamiya as independent additional directors with effect from August 17. It also considered change in designation...

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Board to meet shortly for auditors' appointment: Supreme Petrochem

Aug 17, 2013, 05.16 PM IST Supreme Petrochem: M/s. Parikh & Shah, Chartered Accountants, Mumbai the Statutory Auditors have resigned w.e.f. end of the forthcoming AGM of the Company slated for October 18, 2013. The Audit Committee...

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Separating the assessment and the financial year

Arnav PandyaThere is a need for the individual to separate the financial year and the assessment year when they are dealing with their tax workings. This is important in the sense that it will enable a proper analysis of what has been happening in a...

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Why you don't make money from income funds?

Mehrab Irani Tata Investment CorporationThe last few weeks have been extremely turbulent and volatile for the Indian financial markets. Stock markets have been moving up and down in crazy frenzy moves, bond yields have been galloping upwards resulting...

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New curbs on international investment; what next?

Om AhujaJLL India In uncertain times, preservation of capital becomes the key consideration for smart investors. Currency volatility and sustained weakness in the recent times has led the capital controls by the banking regulator in India. Over...

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Five money management tips for the youth

Vicky MehtaMorningstarIf you are young and confused in money matters, don't worry; help is at hand. We present five money management tips for young investors. India's 'young' population is the topic of several discussions and debates. As this sizeable...

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'Google Impact Challenge' launches in India

Google this week launched the Google Impact Challenge in India. It was the second such challenge to be held globally by the tech giant. The challenge aims to identify for not-for-profits or NGOs that plan to innovatively use technology to solve some...

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Here’s why and how you should plan your retirement

Niraj Shah ICICI Prudential Life InsuranceWe have seen India change over the last two decades, notably there has been a change in the lifestyle of the working population. Purchasing power has increased considerably and so have the expenses. An improved...

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Rain likely to increase over Eastern India

The Western Disturbance over north Pakistan and adjoining Jammu & Kashmir will persist as an upper air trough, while the low pressure area over Orissa coast will remain as an upper air circulation. The axis of monsoon trough passing through Firozpur,...

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Wall St set for worst week since June, dollar rises

Wall Street was on track for its worst week since June as investors focused on when the Federal Reserve might wind down its stimulus program, while the dollar rebounded from a seven-week low on Friday.Signs of stabilization in China's economy supported...

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Death Of A Spot Exchange?

Published on Sat, Aug 10,2013 | 15:12, Updated at Sat, Aug 10 at 15:12Source : CNBC-TV18 |   Watch Video : Till a few weeks ago most of you had probably not even heard of the National Spot Exchange (NSEL). And barely did you find...

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Chennai Express: 5 Bollywood films that it spoofs

Rohit Shetty is known for taking jibes on earlier released films. He continues the trend in his new film 'Chennai Express' as well.We have compiled a list of those films that have been spoofed in 'Chennai Express'. Also read: Priyanka Chopra targets...

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Obama describes Putin as 'like a bored kid'

President Barack Obama on Friday denied he has poor relations with Vladimir Putin after canceling their Moscow talks, but said the Russian President can sometimes appear "like a bored kid in the back of the classroom."US-Russian relations plunged to...

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