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ICICI Bank Net Profit Rises 17% to $440 Million

ICICI's net profit for its fiscal first quarter rose to 26.55 billion rupees ($440 million) with a 17 percent rise.

Jul 31, 2014

Piramal, Dutch APG Alliance for $1 Billion Infrastructure Investment in India

Piramal Enterprises Limited has linked up with Dutch pension fund APG Asset Management to invest $1 billion in Indian infrastructure companies over three years.

Jul 31, 2014

India Drops Claim to Bay of Bengal Oil Blocks Ending Dispute with Bangladesh

The dropping of claim to offshore oil blocks ends decades-old dispute.

Jul 31, 2014

Twitter User Growth, Shares Surge Following 2014 FIFA World Cup

Microblogging site Twitter Inc. on Tuesday posted strong results across the board on the second quarter.

Jul 30, 2014

Online Retailer Amazon to Invest $2 Billion More in India

US-based online retailer Amazon announced plans to invest $2 billion more in India on Wednesday

Jul 30, 2014

Flipkart Raises $1 Billion, Aims to Become E-tailer of Future

Flipkart on Tuesday announced funding worth $1 billion with a goal to become the mobile e-tailer of the future.

Jul 30, 2014

ITC Stocks Surge on Demand for Cigarettes, Consumer Goods

ITC Ltd, the largest cigarette maker in India, announced on Tuesday that it has recorded a net profit of 16 percent and over 25 percent rise in the first quarter sales, which ended on 30 June.

Jul 29, 2014

Panasonic to Invest Over $200 million for Tesla's Battery Plant in US

Panasonic Corp will initially invest around 20 billion to 30 billion Yen ($200-300 million) in Tesla Motors for producing lithium-ion battery used in electric vehicles.

Jul 29, 2014

BHEL to Set up 10MW Solar Power Plant in Mandya

Bharat Heavy Electricals Limited (BHEL) has informed BSE on Monday about its plan to set up a 10MW solar power plant in Shivanasamudram, Belakavadi village in Mandya district of Karnataka.

Jul 28, 2014

Gold for Bitcoin? Global Chase for Virtual Currency Takes Roots in India Too

'Gold for Bitcoin' is emerging as a new trend in the world of online transactions.

Jul 28, 2014

Gujarat Government Favoured Reliance and Adani, Reveal CAG Reports

The Comptroller and Auditor General has slammed Gujarat government for mismanagement of the state's financial resources for the financial year ended 31 March 2013.

Jul 26, 2014

Drugmaker Ipca Halts Exports to US from Ratlam Plant after FDA Finds Guidelines Violation

Ipca Laboratories informed on Thursday that it has stopped exports to USA from its Ratlam drug manufacturing plant, after the United States Food and Drug Administration (FDA) expressed concerns.

Jul 24, 2014