Business news

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IT Placements to Slump Despite Boost in Jobs

Campus placements have been on an all-time low for IT job seekers, but experts claim that the industry will generate at least 1.20 lakh jobs within a year. However, they also said that campus hiring will be reduced by 30 percent in 2013 as compared to last year.

Jul 28, 2013

Maruti Suzuki to Launch First LCV in 2 Years

Maruti Suzuki, India's largest passenger car maker, its in debut venture in the light commercial vehicles (LCV) segment, is expected to roll out its first LVC in the nxt two years.

Jul 28, 2013

Indian Stocks End Lower, Nifty Slips Below 5900 Level

Indian stock markets ended lower for the third straight session on Friday, weighed down by weakness in metal, realty, PSU and banking sector shares.

Jul 26, 2013

Mercedes Drives Luxury Sedan E63 AMG to India for ₹1.29 Crore

Luxury car maker Mercedes-Benz on Thursday brought its sports sedan car E 63 AMG to Indian shores for a whopping price of ₹1.29 crore (ex-showroom Delhi).

Jul 26, 2013

Sensex Expected To Rebound After Two Days Of Losses

India's Sensex is expected to gain on Friday after plunging in the last two sessions on the Reserve bank of India's (RBI) fresh tightening measures in the banking system.

Jul 26, 2013

Google Unveils TV Dongle Chromecast for $35

In a latest of TV Dongle wars, Google unveils a surprise gadget – Chromecast – to stream online content directly on the living room tv set.

Jul 25, 2013

Line Mobile App User Base Touches 5 Million Mark in India, Beats Twitter Globally

Thanks to an aggressive ad campaign, the free calls and messaging app LINE crossed the 5 million mark in India within just 25 days of its launch.

Jul 25, 2013

GM India Recalls 1.14 Lakh Units of Chevrolet Tavera over Emission Issues

General Motors India (GMI) on Wednesday issued a voluntary recall for 1.14 lakh units of the Chevrolet Tavera which are manufactured between 2005 and 2013 to fix the issue related to emissions and specification.

Jul 25, 2013

Honda Posts 45% Growth Driven by Diesel Amaze Sales

Honda Cars India Ltd (HCIL) registered a 45 percent growth in the April-June quarter of the financial year 2013-14, driven by the sales of its newly launched Amaze diesel vehicle.

Jul 24, 2013

Indian Stocks Plunge On RBI Measures; Banking Sector Shares Tumble

Indian stock markets ended lower Wednesday, snapping BSE Sensex's five day winning streak after the Reserve Bank of India's (RBI) fresh tightening measures in the banking system to arrest rupee fall weighed on financial sector shares.

Jul 24, 2013

Apple iPhone Sales up 400% in India: CEO Tim Cook

Apple CEO Tim Cook on Wednesday announced a growth of over 400 percent of iPhone sales in India in the June quarter.

Jul 24, 2013

After CCO's Exit, SpiceJet CEO Neil Mills Resigns

A couple of months after the exit of SpiceJet chief commercial officer CCO Harish Moideen Kutty, the airline's chief executive officer Niel Mills has resigned, according to reports.

Jul 24, 2013

ONGC To Adopt Taj Mahal and 5 Other Monuments Under Clean India Campaign

The Taj Mahal, a world heritage site and one of the finest examples of Mughal architecture, will come under the Clean India Campaign - a government programme aimed at improving hygiene and cleanliness in travel destinations.

Jul 24, 2013