Finance

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 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

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 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

SpiceJet Denies Extending Flight Cancellations, to Operate 230 Flights Daily in January

Cash strapped airline SpiceJet denied media reports on flight cuts, confirming that it intends to operate 230 flights a day in January 2015 ₹

Dec 31, 2014

Xiaomi Confirms $1.1 Billion Funding and $45 Billion Valuation

Xiaomi, the largest smartphone maker of China, confirmed on Monday that it has managed to raise $1.1 billion in its latest round of funding.

Dec 30, 2014

Shake Shack Files for IPO; Will Go Public to Raise $100 Million

The burger giant reportedly filed for an Initial Public Offering with the US Securities and Exchange Commission on Monday.

Dec 30, 2014

A farm worker next to the Tata Motor's mothballed plant in West Bengal

Modi's Land Acquisition Reforms are Industry-Friendly but Farmers Feel Ripped Off

The ambitious agenda belies complex and worrisome socio-economic issues.

Dec 30, 2014

People travelling in a tractor in rural India

Over 10 Crore Bank Accounts Opened under Jan Dhan Yojana a Month Before Deadline

The Pradhan Mantri Jan Dhan Yojana scheme has seen 10 crore account opened a month before the deadline

Dec 29, 2014

No Pressure on RBI To Cut Rates, Insists Jaitley

The finance minister has denied pressurizing the RBI Governor to cut rates, after his reference to 'high cost of capital' sent the markets soaring in the expectation of a rate cut.

Dec 29, 2014

Commerce and Industry Minister Nirmala Sitharaman on the right

FDI rises 25% in April to October to $17.35 bn, Says Nirmala Sitharaman

The nation has witnessed foreign direct investment raise by 25%

Dec 29, 2014

Allianz Jinxed? After MH370 and MH317, Company Confirms It is Lead Insurer to Missing AirAsia Flight; Could Take $100 mn Hit in Claims

Allianz SE, the German multinational financial services company, confirmed on Monday that it was the lead re-insurer for the AirAsia flight that went missing on Sunday. Agencies believe the payout could cost more than $100 million.

Dec 29, 2014

Sources: Modi Govt Eyes Surplus Land of PSUs for New Infra, Manufacturing Projects

Extra land held by state-run companies could be used for new infra projects, as per a plan of the Narendra Modi-led government to help speed up progress in land acquisition.

Dec 29, 2014

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Finance

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

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

Reforms Push Gets Boost in 2015, Says Jaitley

India's Fiscal Deficit Zooms as Revenue Realisation Falters

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

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

SpiceJet Denies Extending Flight Cancellations, to Operate 230 Flights Daily in January

Xiaomi Confirms $1.1 Billion Funding and $45 Billion Valuation

Shake Shack Files for IPO; Will Go Public to Raise $100 Million

Modi's Land Acquisition Reforms are Industry-Friendly but Farmers Feel Ripped Off

Over 10 Crore Bank Accounts Opened under Jan Dhan Yojana a Month Before Deadline

No Pressure on RBI To Cut Rates, Insists Jaitley

FDI rises 25% in April to October to $17.35 bn, Says Nirmala Sitharaman

Allianz Jinxed? After MH370 and MH317, Company Confirms It is Lead Insurer to Missing AirAsia Flight; Could Take $100 mn Hit in Claims

Sources: Modi Govt Eyes Surplus Land of PSUs for New Infra, Manufacturing Projects

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]