- Mar 27, 2015 23:24 IST
Apple chief executive Tim Cook plans to give away all his wealth to charity, after setting an amount aside for his 10-year-old nephew’s college education, which can be a fortune in itself at current rates.
- Mar 27, 2015 22:53 IST
Energy giant Vedanta Resources plc on Friday filed a notice of claim against the government’s move to impose Rs 20,497 crore in taxes and penalties on its subsidiary, Cairn India.
- Mar 27, 2015 23:15 IST
Finance minister Arun Jaitley on Friday said India needs to increase the use of cheques and “plastic currency” to clamp down the menace of black money.
- Mar 27, 2015 23:01 IST
The government may be going all out to promote Gujarat International Finance Tec-city (GIFT) as a financial services hub on the lines of Singapore, Hong Kong, Dubai and London, but an immediate migration of business — initially estimated to be $50 billion annually — away from these established centres would hinge on clear tax incentives, world-class facilities and sharp prospects of growing trade potential.
- Mar 27, 2015 23:02 IST
The US resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies, and given some heft to China’s frequent complaints that Washington wants to contain its rise as a world power.
- Mar 27, 2015 13:29 IST
India's biggest carrier, IndiGo, is preparing to file documents for a stock listing to raise $300 to $400 million, two sources with knowledge of the plans said, as it looks to cash in on a booming air travel market.
- Mar 27, 2015 15:36 IST
Government is likely to exempt oil producers ONGC and Oil India Ltd from payment of fuel subsidy in the fourth quarter ending March 31, a senior Petroleum Ministry official said on Friday.
- Mar 27, 2015 11:08 IST
The benchmark BSE Sensex on Friday ended at 27,458.64, up by a marginal 1.06 points to technically snap the seven-session losing streak in a highly volatile trade amid continuing geo-political tensions.
- Mar 27, 2015 14:30 IST
Honda Motor Company Ltd said on Friday that it would invest 9.65 billion rupees ($154 million) to expand its motorcycle and automobile production in India, targeting growing demand in Asia's third-largest economy.
- Mar 27, 2015 10:37 IST
Snapping its two-day losing streak, the rupee today recovered 26 paise to end at 62.41 against the American currency on fresh selling of dollars by banks and exporters amid weakness in the greenback overseas.
- Mar 26, 2015 23:09 IST
Pricey spectrum bids won’t cause mobile tariffs to shoot up, union communications minister Ravi Shankar Prasad said in the wake of the announcement that the government would earn Rs 28,872 crore up front out of the total commitment of Rs 1.1 lakh crore made during the auction.
- Mar 26, 2015 22:44 IST
Reiterating the government’s promise to bring in transparency in coal auctions, minister for power, coal and renewable energy Piyush Goyal strongly defended his ministry’s decision to cancel the four coal blocks for low bids.
- Mar 26, 2015 14:38 IST
Indigenous traditional owners of the lands have rejected Indian mining giant Adani's 16.5 billion dollar mine, rail and port projects in Australia's coal-rich Queensland state, in what is being described as the biggest case in recent history involving native title law.
- Mar 26, 2015 23:03 IST
There are 11 Indian-Americans in the Forbes’s list of top venture capitalists — people who put their money on a good idea, see it become a business and stay or cash out when the time is ripe.
- Mar 26, 2015 22:52 IST
Upping the ante against burgeoning non-performing assets (NPAs) of public sector banks and rising cases of frauds, the Prime Minister’s Office has asked for the setting up of a high-level committee to work on a long-term solution for designing a focussed anti-fraud strategy.