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Richest Indian For Sixth Time October 29, 2013 17:41

It is for the sixth time in a row Mukesh Ambani stood on top in the list of 100 richest persons of India as published by Forbes Magazine from New York.  With a net worth…

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SingTel Gets Nod To Buy From Indian Shareholders October 24, 2013 17:57

As per the new norms of FDI, foreign companies can have 100% of the stake in the Company engaged in the telecom services. SingTel is the first foreign company to avail this facility. Arvind Mayaram,…

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Foreign Banks Cannot Go Beyond Regional Banks October 18, 2013 17:57

The RBI Governor Raghuram Rajan's announcement to make path for the foreign banks to enter Indian Banking Market and also allowing them to take over Indian Banks gave room to speculations in Indian markets.  …

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India eyes closer ties with China via easy visas October 16, 2013 16:24

Indian visas just got easier with Prime Minister Manmohan Singh expressing his wish to tighten the nation's ties with China. In recent times, a prickly cross border relationship gave way to rational discussions over business…

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Smart Phone Raises Share Value In Record Time October 03, 2013 17:27

Don't take it as "A baby that drinks a tiger's milk became a tiger one day!"  Incidentally it was a baby tiger!   It's the time of cell phone apps.  But it is not an…

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Microfinance Vanishing From AP? September 30, 2013 15:34

AP does not want what United Nations, World Bank, IFC, Swiss and even Government of India wants, exclaims Vijay Mahajan, Founder Chairman of Basix Microfinance.  Basicx is working in nine countries. He says “It’s ironic…

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Operational costs clip SpiceJet's wings September 28, 2013 18:07

Airlines have been facing the heat with economic airline SpiceJet struggling to stay afloat. In recent turn of events, rising operational costs have clipped the firm's net worth. This has in turn raised further concerns…

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Apple iPhone sales rewrite critics words September 24, 2013 18:29

Apple made an announcement on Monday that it sold a record nine million iPhones in the three days subsequent to launching two new versions of the smartphone. Furthermore,  Apple chief executive Tim Cook in a…

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Rajan's maiden policy review hits stock market September 20, 2013 17:14

Stock markets today declined rapidly by 2.7 per cent soon subsequent to the Reserve Bank's advocating war policy announcement in which it moved up the repurchase agreement rate by 0.25 per cent.  In fact, the…

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Costlier onions not wiping anyone's tears September 17, 2013 14:03

Onions just got dearer. Many reasons have been blamed for the soaring prices of one of the most loved ingredients in everyone's curry. However, this curry is turning out to be a luxury. Latest reports…

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Error at United Airlines results in free tickets for lucky customers September 14, 2013 17:30

It was their lucky day. These customers found themselves grabbing free tickets due to an error with United Airlines computers. For a brief period, the fares were filed with errors into the computers and these…

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Petrol's sad tales turn around September 12, 2013 18:15

Finally, some good news! In what can be dubbed as a turn in the "fuel" tale, Indian government has decided to hike the prices of diesel and LPG while slashing the price of petrol by…

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