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HindustanTimes Tue,21 Oct 2014

Business

RBI governor Raghuram Rajan wins Euromoney award

The central bank on Wednesday said its governor, Raghuram Rajan, was conferred Euromoney's 'Central Bank Governor' of the year award in Washington on October 10.

Full mobile number portability by March 31

Mobile phone users will soon beable to change their telecom operators and retain their numbers even if they are relocating to areas outside the service providers' operations.

Tata Steel to sell part of Europe operations to Swiss company

Tata Steel on Wednesday signed a deal with Geneva-based global commodities major Klesch Group to sell part of its European operations as it battles weak prices and squeezed margins.

DLF may have to sell crown jewels to survive

At a time when the realty market is in a sluggish patch, Monday’s ruling by market regulator Sebi restraining DLF from raising funds for three years could force the realty major to cut prices or offer flexible payment options to actively woo buyers, analysts said.

Wipro, TCS among 5 Indian companies in global green list

Five Indian companies -- Wipro, Essar Oil, Tech Mahindra, Larsen and Toubro and Tata Consultancy Services -- are among the top global companies that did business in the most sustainable manner in 2013, a report said on Wednesday.

Crude at 47-month low, good news for economy

Global crude oil prices fell to a four-year low of $84 a barrel on Wednesday, raising prospects of further cuts in retail fuel prices besides bolstering the government’s plans to tame inflation and cut subsidies.

Freeze your eggs, Apple tells female employees

Facebook and Apple have a new perk for their female employees: an offer to pay for freezing their eggs, to delay parenting and stay focussed on their careers.

Don't splurge, fly high: Secret of Indigo co-founder's success

IndiGo, which has announced a draft deal to buy 250 Airbus aircraft, has consistently racked up profits as rivals become mired in red ink from cut-throat fare wars. Its co-founder Rahul Bhatia explains his business strategy.

India home to 11th largest population of uber-rich people

India is home to 11th largest population of Ultra High Net Worth Individuals, but also figures among countries with "very high wealth inequality" with a large number of its residents being in the lower wealth strata, says a new report.

IndiGo, GoAir to operate more flights this winter than others

In contrast to all competitors, no-frill airlines IndiGo, which today placed the largest order for 250 Airbus A-320 planes, and GoAir would operate more flights this winter season, while the rest would slash their services.

Toyota to recall 1.75 million vehicles globally

Toyota said on Wednesday it is recalling 1.75 million vehicles globally over glitches that posed a fire risk or threatened to 'degrade' brake performance, the latest in a string of call backs by the world's biggest automaker.

IndiGo's Diwali splurge: Company to buy 250 Airbus A320neo aircraft

IndiGo has agreed to buy 250 single-aisle A320neo aircraft from Airbus SA, the companies said on Wednesday, potentially marking the largest number of jets ever sold by the European planemaker in a single order.

US announces trade action against India

The United State Trade Representative’s office on Tuesday announced an out-of-cycle review (OCR) of India’s trade practices, as it had said earlier in the year it would.

DLF an example of why realty sector needs a watchdog

Stock market regulator Sebi’s crackdown on India’s biggest real estate company, DLF, is a clear indicator that the sector is in urgent need of a cleansing of the Augean stables, market experts said on Tuesday.

India may soften stand to get WTO talks going

India is likely to show some flexibility to get stalled talks at the World Trade Organization moving amid indications that it may not press for protection of welfare schemes that the government may launch in the future.
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