Niti presents 300 specific action points to accelerate economy

Monday, 24 Apr 2017 | PNS | New Delhi

Government of India policy think-tank Niti Aayog on Monday came out with 300 specific action points for accelerating the economic growth of the country at its Governing Council meet here. These action points formed part of a presentation made by Niti Aayog vice chairman Arvind Panagariya at the third meeting of...

Inox Leisure eyes Rs2-cr revenue in three years

Monday, 24 Apr 2017 | PTI | Mumbai

Multiplex operator Inox Leisure is planning to add 50 screens each year as it eyes a revenue of Rs2,000 crore in the next three years, a top company official has said. “On an average, we are trying to add about 50 screens organically per year. Other than our 468 operational screens...

PVR wants non-core biz to contribute more to revenue

Monday, 24 Apr 2017 | PTI | New Delhi

Multiplex operator PVR is looking at increasing contribution from its non-core businesses such as food and beverages and advertising to reduce its dependence on ticket sales. “We would like contribution of box office sales to go down so that dependence on ticket sales (goes down) ... while that is our core...

Ikea to double local sourcing by 2020,open store in NaviMumbai

Monday, 24 Apr 2017 | PTI | Almhult (Sweden)

Ikea is sharpening India focus as it plans to double sourcing from the Indian market to 600 million euro by 2020 and will start work on its second store in the country in Navi Mumbai next month. The global home furnishing giant from Sweden sources products worth 318 million euro from...

Sebi lines up reforms for deeper mkts, to check black money

Monday, 24 Apr 2017 | PTI | Mumbai

Capital markets regulator Sebi will soon put in place stricter norms to check any flow of black money into stock market though controversy-ridden P-Notes and also initiate steps for allowing mutual fund investments through e-wallets. Besides, Sebi will consider this week new norms for allowing options trading in commodity derivative market,...

Financial literacy must to get investors into markets: Tyagi

Monday, 24 Apr 2017 | PTI | Patalganga (Maharashtra)

Financial awareness, and not tax incentives, is required to bring in more investors into the capital markets, SEBI Chairman Ajay Tyagi on Sunday said. “People should be (financially) aware. To take everyone along and to help them understand the potential of the market is a big task,” he said. Tyagi was speaking...

Does service charge reach staff: Paswan asks hotels

Monday, 24 Apr 2017 | PTI | New Delhi

Maintaining that service charge is voluntary, Consumer Affairs Minister Ram Vilas Paswan on Sunday said even if a customer pays it willingly, hotels should make public how much of the amount actually reaches to the staff. Last week, the Government had approved new guidelines giving consumers the right to decide whether...

India’s steel output likely to rise 6% to 89 MT in 2017

Monday, 24 Apr 2017 | PTI | New Delhi

India’s finished steel products output is likely to reach 88.6 million tonnes in the current year, registering an increase of 5.7 per cent. The country produced 83.5 million tonnes (MT) of finished steel products last year, according to World Steel Association which released its Short Range Outlook (SRO) for 2017 and...

‘Comfort, cleanliness in hotels preferred over fine dining’

Monday, 24 Apr 2017 | PTI | Mumbai

The customers generally give preference to cleanliness and comfort in a hotel than a sumptuous breakfast or a luxurious pool, says a survey. According to the data provided by online accommodation booking website Hotels.Com, cleanliness and comfort are 36 times more important than a lavish breakfast, a luxurious pool or...

Only 30% of recalled diesel vehicles rectified so far: VW

Monday, 24 Apr 2017 | PTI | New Delhi

Over a year into the exercise, German auto major Volkswagen has been able to rectify only 30 per cent of the 3.4 lakh recalled diesel vehicles it had equipped with defeat device that helped cheat emission tests in India. Volkswagen Group India said the process has been delayed as it involves...


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Mapping our heritage

23 Apr 2017 | Ananya Borgohain

Author Pilar Maria Guerrieri discusses with ANANYA BORGOHAIN how the maps of Delhi from the 19th century onwards document the evolution of the Capital through the Mughal era, pre and post colonial periods, and the contemporary times Please tell us a little about yourself. I am an Italian but since my childhood, I have seen my parents travel to India...

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Girls outshine boys again in Class XII Board exam

28 Apr 2017 | Staff Reporter | Raipur

School Education Minister Kedar Kashyap on Thursday announced the results of the 12th standard examination conducted by Chhattisgarh Higher Secondary Board (CGBSE) in Raipur. The average passing percentage for the exam stood at 76...

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