CCI imposes Rs 1 cr fine on Thomas Cook, Sterling Holidays

Fine has also been imposed on Thomas Cook Insurance Services (India) Ltd, a party to the deal. The Rs 870 crore-deal involving merger of Sterling Holiday Resorts (India) with travel firm Thomas Cook (India) has already been cleared by Competition Commission...

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SBI, BoB seek treatment of gold deposits as part of CRR/SLR

The country's two biggest state-run lenders today pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive. "Is it possible...

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Gas leak, blast at ship breaking yard in Bhavnagar, 5 dead

The incident comes a day after a similar blast in a GAIL gas pipeline in the East Godavari district of Andhra Pradesh. The blast in the GAIL pipeline left 14 people dead and many others injured on Friday. Five persons were killed and ten others injured...

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PM to witness launch of ISRO's PSLV C-23 rocket tomorrow

The indigenous PSLV-C23 rocket, carrying satellites of France, Germany, Canada and Singapore, will be launched from Satish Dhawan Space Centre (SHAR) in Sriharikota. In his first visit to Tamil Nadu after becoming Prime Minister, Narendra Modi will...

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Prefer Reliance Infra, Indiabulls Power: Ajay Srivastava

Ajay Srivastava, CEO at Dimensions Consulting prefers Indiabulls Power and Reliance Infrastructure. Ajay Srivastava, CEO at Dimensions Consulting told CNBC-TV18, "In power, two stocks that we think will do well is going to be  Reliance Infrastructure...

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PNC Infratech bags Rs 441 crore contract

The contract involves rehabilitation and upgradation of the 80 kilometre road stretch of Sonauli-Gorakhapur Section of National Highway 29 in Uttar Pradesh on EPC (engineering, procurement, construction) Basis, the company said in a statement. PNC...

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Interest of B.Tech students will be kept in mind: HRD Min

Ministry officials assured the B.Tech students on behalf of HRD Minister Smriti Irani that their interest would be kept in mind and a statement in this regard would be issued by UGC. They said the matter "would be sorted out by this evening". Allaying...

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Nifty may dip to 7400-7350: Mohit Gaba

If Nifty do break 7480 we should move lower to 7400 may be even 7350, says Technical Analyst, Mohit Gaba. Technical Analyst, Mohit Gaba: The Nifty is holding up above the 7480 level, this level is proving to be a good support. We could be in for a...

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IFC bets on NCDs in debt financing for NBFCs

IFC was holding talks with Magma Fincorp and Cholamandalam for subscribing to NCDs of these NBFCs, he said. "Microfinance institutions (MFIs) will also get benefit of this," Agarwal said. Non Convertible Debentures (NCDs) have recently become the...

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TOP TEN RAINIEST CITIES IN INDIA ON FRIDAY

The cyclonic circulation near the coastal parts of Odisha and Andhra Pradesh will continue to bring good Monsoon rain over Odisha and Andhra Pradesh. Due the influence of the system, no dry spell is in the offing for East and Northeast India. According...

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Make smart move don't pay off your mortgage early

Sukanya KumarRetailLending.com Many people jump at the first opportunity to pay off their mortgage, and while it may seem like a great financial relief, a closer look can help us uncover the advantages of holding on to a mortgage until the end of its...

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'Govt in process of framing separate policy for MSMEs'

To improve the condition of micro, small and medium enterprises, the government is working on simplifying processes to facilitate such entrepreneurs and a separate policy for this sector is on the anvil. "If work is done properly, effectively and on...

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Check out: Mumbai's new luxury housing trends

Om AhujaJones Lang LaSalle India  In marked contrast to other cities, the dynamics of luxury housing in Mumbai have changed dramatically over the last decade. Delhi, Kolkata and Chennai continue to have location-specific premiums, which have risen...

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Review: DSP Blackrock small and mid cap fund

Jun 21, 2014, 05.14 PM IST | Source: Moneycontrol.com Investors looking for an exposure to small and mid cap funds can consider this as a part of their portfolio. It is suitable for slightly aggressive investors who are comfortable...

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Google's Nest to buy Dropcam for USD 555 mn

Nest and Dropcam confirmed the acquisition in separate blog posts on Friday, but did not specify the price tag. Google declined to comment. Google Inc's Nest Labs will buy home-monitoring camera startup Dropcam for about USD 555 million in cash, technology...

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Rail fare hike: Tough job of new govt has just begun

R JagannathanFirstpost.com Last night (20 June) one saw an unedifying spectacle on TV channels. After taking the bold decision of raising passenger fares by 14.2 percent and freight by 6.5 percent to fix the Indian Railways' weak finances, BJP party...

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How can Budget boost real estate sector?

Kishor PateAmit Enterprises Housing The forthcoming budget announcement by the financial ministry of the new government is a critical one. It will be the first step on the 'walk' that must follow the electoral 'talk' of economic recovery and ushering...

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Managing parking issues with automated parking solutions

A ShankarJLL India India, the second most populated country in the world houses more than 40 million vehicles and is the only country which saw a growing car sales even during the recession and recorded the highest sales volume during 2009 and 2010....

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Beware: Fill your investment declaration carefully

Arnav Pandya Salaried individuals often find themselves in a bind because some of their financial details have changed and they find that the tax that is deducted each month is actually higher than what it should be. One of the ways in which they can...

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TOP TEN RAINIEST CITIES IN INDIA ON FRIDAY

According to the latest weather update by Skymet Meteorology Division in India, good Monsoon showers will continue over most parts of Northeast and East India. Konkan, Goa and Karnataka along the west coast of peninsular India will also continue to...

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Outlook for 10 day Monsoon Performance

Southwest Monsoon has been making a slow advancement after making a sluggish start this year. Nevertheless, according to the latest weather update rain is picking up now. Tropical cyclone 'Nanauk' had been restricting the actual outburst of Monsoon...

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RBI to soon announce rules for on-tap banking licenses

"The RBI will soon come out with policy guidelines in differentiated banking licenses within a short period of time", Gandhi told reporters on the sidelines of ICC Banking Summit today. The Reserve Bank of India (RBI) would soon come out with policy...

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Infosys AGM disappointing; Sikka must have attended: Expert

Infosys  chairman NR Narayana Murthy bids adieu to the iconic company he founded and welcomed the IT major's new MD and CEO Vishal Sikka in its 33rd Annual General Meeting (AGM) on Saturday. Experts believe the induction of Sikka as CEO is positive...

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Sikka to chart own course sans founder interference: Murthy

Sagar Salvimoneycontrol.com Infosys 's 33rd Annual General Meeting (AGM) will be remembered for the historic change of guard at the India's second largest IT company, which has got its first external CEO. Also, this was NR Narayana Murthy's last AGM...

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Govt to review FTAs with countries, SEZs across nation

The Centre is studying Special Economic Zones in the country and all the Free Trade Agreements with other nations to analyse the benefits they have given to the Indian economy, Commerce and Industry Minister Nirmala Sitharaman today said."I have instructed...

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Gold maintains surge on good offtake, firm global cues

Silver also rallied due to increased industrial demand. Standard gold (99.5 purity) rose by Rs 120 to conclude at Rs 27,325 per 10 grams from overnight Rs 27,205. Pure gold (99.9 purity) also went up by same margin to finish at Rs 27,475 per 10 grams...

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What a beauty! Jaguar E-type, the classic sports car

This week Overdrive takes a break from testing regular cars and transport itself back in time. The automotive world has a history of inimitable classics, exclusive cars, iconic vehicles that are time immemorial. This week Overdrive gets its hands on...

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Get answers to all your motoring queries on Auto Selector

Get answers to all your motoring queries on Auto Selector. Get answers to all your motoring queries on Auto Selector. kill_source=tr...

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Will Nissan Sunny get a new lease of life in India?

The Sunny has been a household name the world over for almost half a century. The car did well in India after its launch in 2011 but after that the sales started to dwindle. Since February this year, Nissan has decided to take matters into its own hands...

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PM Modi warns of tough decisions ahead to improve economy

"I have taken over the reins of the country in circumstances when there is nothing left behind by the previous government. They left everything empty. The country's financial health has hit the bottom," Modi said. With just a few days left for the...

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Check out the motoring news from the world this week

It is now time for all the news from the motoring world this week. It is now time for all the news from the motoring world this week. ...

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Centre committed to AP, Telangana growth: Commerce Minister

Talking to reporters, Union Commerce Minister Nirmala Sitharaman said emphasis would be on promoting food processing industries in the new State, which came into existence on June 2. Stating that the Centre was committed to the development of Andhra...

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CenturyPly's new ad campaign features Nana Patekar

We've got Century Ply's new campaign on NoticeBoard this week. Conceptualized by DDB Mudra Group, the campaign repositions the laminates and veneers brand, and aims to build brand affinity to its end consumers. We've got Century Ply's new campaign...

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Hindustan Motors terminates 240 managerial staff

The plant manufactured the iconic Ambassador cars, whose demand in the market place dwindled owing to the onset of stiff competition from Japanese and Korean players. India's oldest car maker Hindustan Motors , which declared suspension of work at...

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Goa mining stakeholders want early resumption of operations

The drafting of a new mining policy, which is mandatory to resume iron ore extraction and exports from Goa, should be expedited so that the key industry gets back on its feet, according to stake-holders. Chief Minister Manohar Parrikar had earlier said...

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Vodafone reveals scale of govt snooping in India

Government snooping into phone networks is extensive worldwide, one of the world's largest cellphone companies revealed on Friday, saying that several countries demand direct access to its networks without warrant or prior notice. The detailed report...

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Checkout new AMG version of Mercedes: CLA45 AMG

We bring to you the all-new C-Class from Mercedes. The Mercedes' have a entry-level sedan, the sparkling new CLA sedan. We went to UK to Affalterbach in Germany to drive the AMG version of the baby Merc - CLA45AMG. We bring to you the all-new C-Class...

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Tata's Research and Design Centers in the UK

Tata Motors hasn't made any noise in a long time now and it has been a while since any significantly new product has rolled out from their stables. If you've been wondering what they've been up to, Tata Motors is in fact on its way for a complete overhaul...

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Check the happenings in the automotive world this week

It's now time for our Autoselector Segment where we answer all your motoring queries and doubts. Bert joins us as always. It's now time for our Autoselector Segment where we answer all your...

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TOP TEN HOTTEST PLACES IN INDIA

According to the latest weather update by Skymet Meteorology Division in India, summer heat conditions have further strengthened its grip in Rajasthan. Heat wave conditions prevailed at many places in Punjab, Rajasthan, Madhya Pradesh, Uttar Pradesh...

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