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HindustanTimes Tue,21 Oct 2014

Business

Vodafone offers 80% off on data, talktime on Oct 19 and 20

Vodafone India on Friday launched a two day Diwali flash sale for Delhi and NCR pre-paid customers wherein they can have upto 80% off on segments like Internet, SMS, voice, bonus card deals on October 19 and 20.

Beware of get-rich-quick financial schemes

To grow the economy, Modi has to attract foreign investment, make the business environment more conducive by reforming the inflexible labour laws and speeding up environmental clearances while simultaneously establishing institutes for skills development.

HT Media Q2 revenue up 0.5%

HT Media Ltd, the publisher of Hindustan Times, on Friday reported a 0.5% rise in total revenues to Rs. 594.8 crore for the July-September quarter from Rs. 591.6 crore a year ago.

Flipkart leases office space from Embassy in largest deal

In the largest office leasing deal, homegrown e-commerce giant Flipkart on Saturday agreed to take 3 million sq ft of prime office space in Bangalore from realty firm Embassy group at an annual rent of Rs. 300 crore.

MTNL to get financial assistance to meet MAT liability

The government approved on Saturday a DoT proposal for providing one-time financial support to state-run telecom company MTNL for meeting liabilities arising from levy of minimum alternate tax.

Dalal Street expects quicker reforms after BJP’s Maharashtra win

Industry captains and market players are upbeat about the change in government in Maharashtra, and expect speedy resolution of stalled projects and improved business prospects for the state.

Apple India runs out of iPhone 6 as nation shops in festive spirit

The first batch of 55,000 iPhone 6 and iPhone 6Plus units shipped to India are sold out. Prospective buyers will now have to wait for a minimum of three days before the stocks are replenished.

Entry-level IT pay may dip this hiring season

 IT companies may hire more freshers from campuses next year than they hired this year. However, salary offers may not be revised, and in some cases it may even come down, compared to previous years.

Diesel prices to be revised every fortnight: IOC

As the government deregulated diesel prices on Saturday, state-owned oil companies said prices will be revised fortnightly, the same as petrol.

Start-up culture finds new wings

It was nice to spend a few hours at Tiecon Delhi last week, in the congregation that helps startups happen in India. Tiecon (Tie Conference) has its roots in The Indus Entrepreneurs (TiE), a US-based network that played on the India-US (Ind-US) expression in the Silicon Valley.

Reform measure GST roll-out likely in April 2016

India’s biggest tax reform initiative — the Goods and Services Tax  — could see a staggered implementation, starting with a nationwide unified tax system for goods from April 2016 and extended to services later.

HCL Tech quarterly profit up 32%, shares fall

HCL Technologies Ltd, India's fourth-largest software services exporter, posted a 32% rise in quarterly net profit, beating estimates, as sales in the Americas, the company's biggest market, rose.

Sensex rebounds 71 points in early trade on global cues

After two sessions of losses, the benchmark BSE Sensex recovered by over 71 points to regain the 26,000-mark in early trade on Friday on emergence of buying by funds and retail investors.

Rupee up 19 paise against US dollar in early trade

The rupee recovered from a seven-month low by appreciating 19 paise to 61.64 against the US dollar in early trade on Friday on selling of the American currency by exporters and banks.

Arvind Subramanian appointed India's new CEA

Subramanian, Senior Fellow at Peterson Institute for International Economics, has been appointed as India’s new chief economic adviser, the government said on Thursday. Subramanian: India's man in DC
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