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Finance

Kingfisher and UB Group chairman Vijay Mallya

Banking Consortium Slaps Vijay Mallya with Contempt Application

The new year brings a new set of trouble for Vijay Mallya with the banking consortium alleging violation on the undertaking given to the DRT. Jan 7, 2015
Tata Consultancy Services

TCS Jobcuts and Unionisation Drive: Existential Threat to India's Knowledge-Driven IT Industry?

Trade unions, until recently considered a taboo in the IT industry, are seeking to ingrain themselves with employees facing the axe. Jan 6, 2015
Modi

Dholera, Gujrat To Kick-Off India's Ambitious Smart Cities Infra Project, Japanese Investment at $4.5bn

The 2,700 km DMIC project is finally taking shape, with the Japanese helping with technology, consultancy services and funding Jan 5, 2015
Coal being unloaded

Coal Unions Plan 'Militant' Five-day Strike From Tuesday; Power Cuts Possible

CIL has increased coal rake movement to 225 a day from 207 in a bid to increase coal stocks with power generation units. Jan 5, 2015
Vistara CEO

Jet Airways Eyes SpiceJet's Bombardier Q400 Fleet; Vistara To Take Delivery of 3rd A-320

The fall in fuel prices bodes well for the airline industry which has struggled to turn in a profit. Fleet expansion and optimization could help improve operating costs and profits. Jan 5, 2015
Tata Consultancy Services

IT Workers To Unionise? TCS Retrenchment 'Limited' to 3,500 Employees

IT workers with eight-years of work experience are allegedly marked for retrenchment to make way for younger colleagues. Jan 5, 2015
finance-minister-jaitley-rejects-raghuram-rajans-criticism-of-make-in-india

Banking Sector Needs Reforms, Says Jaitley

He called for 'conceiving' several reforms to the banking sector and 'the need for greater autonomy' being granted to banks. Jan 3, 2015
PM Modi

Government Plans Massive Public Investment to Boost Economy

The Narendra Modi government's growth strategy for fiscal 2015-16 is three-pronged – increase in public investment, easing fiscal roadmap and higher revenue generation from oil, spectrum and disinvestment. Jan 3, 2015
former-pm-went-ahead-with-corruption-knowing-it-will-hurt-countrys-economy-prakash-javadekar

Javadekar Eases Green Norms For 'Linear' Infra Projects

On receiving the necessary approvals, infra projects can go ahead with tree cutting and commence work if the necessary funds are in place Jan 2, 2015
Manufacturing Industry

Manufacturing PMI Zooms to Two-Year High Of 54.5 in December

Expectations run high on government reforms and RBI rate cut. Jan 2, 2015
Snapchat

Snapchat Raises $486 mn, Firm Now Valued at $10 bn

Snapchat, the instant photo messaging app, has managed to raise about $486 million in its latest round of funding, which now pegs its value at $10 billion. Jan 2, 2015
Arun Jaitley

Reforms Push Gets Boost in 2015, Says Jaitley

Reforms introduced will realise GDP expansion, said Jaitley, with projections at 5.5% for FY 2014/15. Jan 1, 2015
will-do-our-best-to-bring-indian-economy-back-on-track-arun-jaitley

India's Fiscal Deficit Zooms as Revenue Realisation Falters

A cut in non-plan expenditure and more disinvestment could help rein in the deficit Jan 1, 2015
Infrastructure

Infrastructure Growth Rises to 5-Month High of 6.7% in November

The core sector of India's infrastructure platform, accounting for 38% of its total output, grew by a five-month high at 6.7%. Jan 1, 2015

Microsoft Sues Bangalore-Based Software Firm for Running 'Tech Support Scam'

Almost 65,000 complaints involving such scams have been registered since May, Microsoft said Dec 31, 2014
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