Business

Markets to remain choppy till elections, say experts

Monday, 23 Dec 2013 | Anchal Kakroo | New Delhi

Last week has been a rollercoaster ride for investors as markets swung between heavy selling from domestic institutions and enormous buying from foreign investors. But amid these two groups, analysts express concern for the small and medium retail investors. Expecting markets to be extremely volatile in the coming months before...

DoT to calculate one-time spectrum fee afresh after auction

Monday, 23 Dec 2013 | PTI | New Delhi

The Department of Telecom is planning a re-calculation of the one-time spectrum charge, which has been estimated at about Rs 25,000 crore, to be levied on telecom operators after completion of next round of auction. “We will need to re-calculate it (the one-time spectrum charge) once auctions are completed,” a...

BlackBerry plans sales sops to distributors; handset price may lower

Monday, 23 Dec 2013 | PTI | New Delhi

The price of latest BlackBerry handsets are expected to fall further as the Canadian smartphone maker plans more sales incentives to distributors and operators for pushing the sales of its BB10 devices. In order to improve sales and stimulate global demand for BlackBerry 10 devices, the company executed marketing campaigns and...

We plan to open 7 stores in north India: Jeff Welch

Monday, 23 Dec 2013 | Priyanka Dua | New Delhi

With an aim to cater to vegetarian Indians, the 76 year old American chain Krispy Kreme has crafted a special egg-less doughnuts. “We found that a large number of the Indian population preferred vegetarian options, so we have a special eggless recipe for Indian market,” Krispy Kreme President...

India Inc gives thumbs-up to Rahul’s views on growth

Monday, 23 Dec 2013 | PNS | New Delhi

India Inc on Sunday said Rahul Gandhi has touched the real issues being faced by the industry and it would encourage investor sentiment. “His talk is comprehensive and touches real issues, which industry has been trying to grapple with in recent times. Gandhi’s talk is reflective of the fact that he...

NSE bets on ETFs, other new products to expand market

Monday, 23 Dec 2013 | PTI | Mumbai

Pitching for introduction of new products to make Indian capital markets deeper and more competitive, leading bourse NSE says ETFs can be the best bet for drawing mass retail investors to equities in a big way. Retailing of Government securities and other bonds can be another big draw among small investors,...

NSEL case: ED raids two biz firms, seizes documents

Monday, 23 Dec 2013 | PTI | New Delhi

The Enforcement Directorate (ED) on Sunday conducted searches at the premises of two business firms in connection with its money laundering probe in the National Spot Exchange Limited (NSEL) scam case. The searches were carried out at the premises of Ms Aastha Minmet India Pvt Ltd and Ms Juggernaut Projects...

Companies Act, rise in frauds to change India Inc approach, says EY

Monday, 23 Dec 2013 | PTI | Mumbai

The Companies Act 2013 and a rise in cyber crime and technology frauds will change the way Indian companies operate in the domestic environment, says a report. “Most recently passed Companies Act 2013 is expected to be a game changer for India Inc and will improve anti-bribery and anti-corruption practises,”...

Inflation may ease to 6.5% in Dec: Rangarajan

Monday, 23 Dec 2013 | PTI | Mumbai

A fall in vegetable prices is likely to ease headline inflation and retail inflation to 6.5 per cent and 9.20 per cent respectively in December, Prime Minister’s Economic Advisory Council (PMEAC) Chairman C Rangarajan said on Sunday. “Some of the things that have really pushed up inflation are vegetables like onion...

New customs form for Indians, foreigners from Jan 1

Monday, 23 Dec 2013 | PTI | New Delhi

Passengers flying into India will have to fill in a new customs form on their arrival from the new year while the need to fill immigration form for returning Indians is being done away with. All passengers coming to India will be filling up an ‘Indian Customs Declaration Form’ seek details...


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Myanmar Army‚Äôs admission of killings a ‚Äėpositive step‚Äô: Suu

14 Jan 2018 | AFP | Yangon

Myanmar’s civilian leader Aung San Suu Kyi has welcomed an unprecedented army admission that security forces carried out extra-judicial killings of Rohingya Muslims as a “positive step”, state-backed media reported on Saturday. After months of staunch denials of abuse, the army on Wednesday said a probe found four members of the security forces helped kill 10 Rohingya militant suspects at Inn Din village on September 2, leaving their bodies in a...

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State lags behind in education status, reveals ASER report

17 Jan 2018 | PRAGYA PALLAVI | Ranchi

Annual Status of Education Report (ASER-2017) released on Tuesday covering 28 districts of 24 States on ‘Beyond Basics’- A survey of rural India youths, presented a gloomy picture of Jharkhand on a few basic parameters in comparison with the districts of Bihar, Odisha, West Bengal and Chhattisgarh. The survey based on 4 As (Activity, Ability, Awareness, Aspirations) covering the age group 14-18 years, Jharkhand lags behind in enrollment status, digital use,...

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