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  • India Business News, Business News, tcs to hire 55000 employees, India business news

    TCS to hire 55000 employees 17 April 2014

    Tata Consultancy Services [TCS], on Wednesday, reported 48.2 per cent growth in its consolidated net profit at Rs. 5,410 crore and Revenues were up 31.2 per cent at Rs. 21,551 crore for the fourth quarter of 2013-14. Addressing the media...

    Keywords: India Business News, Tata Consultancy Services, TCS Q4 results, TCS to hire 55000 employees

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    Reliance to acquire Network 18, Business News, reliance buys network 18, India business news

    Reliance buys Network 18 30 May 2014

    Reliance Industries Ltd. [RIL] will acquire popular television news channels CNN-IBN, IBN7, CNBC-TV18 and Lokmat, and also the entire clutch of ETV channels for Rs. 4,000 crore. The announcement was confirmed by the Network 18 and Reliance Industries who have...

    Keywords: ETV, IBN7, Reliance Industries Ltd. RIL, firstpost.com

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    yen value, global wealth-management industry, india had 1 75 lakh millionaires, India business news

    India had 1.75 lakh millionaires 10 June 2014

    The Boston Consulting Group's 14th annual report on the global wealth-management industry 'Riding a Wave of Growth: Global Wealth 2014' said India had 175,000 millionaire households in 2013, ranking 15th in the world. India improved its ranking by one position...

    Keywords: millionaire households, equity markets, yen value, equity markets

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    gold smuggling in India, Gold smuggling up by four times, gold smuggling up by four times, India business news

    Gold smuggling up by four times 12 May 2014

    Gold smuggling in India has increased by four times compared to the previous year and so far Rs 245 crore worth gold was seized by Directorate of Revenue Intelligence [DRI] during 2013-14. The DRI officials have arrested 464 persons in...

    Keywords: Kerala airport, Hyderabad airport, Kerala airport, Business News

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    Reliance, penalty on Reliance, usd 579 mn penalty on reliance, India business news

    USD 579 mn penalty on Reliance 14 July 2014

    The Central government has slapped Reliance Industries [RIL] with an additional penalty of USD579 millions for producing less than targeted natural gas from its Krishna-Godavari [KG] D6 block.  With this the total penalty on RIL stands at USD 2.376 billions...

    Keywords: Oil Minister Dharmendra Pradhan, Oil Ministry, Oil Minister Dharmendra Pradhan, Reliance Industries

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    India Business News, Flipkart acquires Myntra, flipkart acquires myntra, India business news

    Flipkart acquires Myntra 21 May 2014

    India's largest online retailer, Flipkart.com, has acquired fashion e-retailer Myntra.com and the deal will be a combination of both cash and stock, is scheduled to be announced on Thursday. The officials from both the side did not disclose the amount...

    Keywords: e-commerce, Flipkart buys Myntra, Flipkart, e-commerce

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    Fruits and Milk inflation, India Business News, inflation drops further in february, India business news

    Inflation drops further in February 14 March 2014

    Inflation fell to nine-month low of 4.68 per cent in February. The food inflation, based on Wholesale Price Index (WPI) is down to 8.12 per cent in February, compared to 8.8 per cent in the previous month. The overall inflation...

    Keywords: Reserve Bank of India, February Inflation, February Inflation, vegetable prices

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    Wholesale Price Inflation, Business News, inflation hits five months high, India business news

    Inflation hits five months high 16 June 2014

    The Wholesale Price Inflation rose to 6.01 per cent for the May month said the government data on Monday. This is driven by higher food and fuel costs and with Iraq crisis, India is likely to face more tough situations...

    Keywords: Wholesale price Index, RBI, Wholesale Price Inflation, Wholesale price Index

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    Repo Rate unchanged, Statutory liquidity Ratio, rbi holds rates, India business news

    RBI holds Rates 03 June 2014

    Reserve Bank of India [RBI] kept interest rates unchanged at 8 per cent in Governor Raghuram Rajan's  first monetary policy announcement after a change in government in the centre. However the Central Bank has cut Statutory Liquidity Ratio [SLR] by...

    Keywords: Police Rate, Statutory liquidity Ratio, Statutory liquidity Ratio, Business News

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    hike for Infosys employees, Business news, infosys q4 results beats expectations, India business news

    Infosys Q4 Results beats expectations 15 April 2014

    Infosys on Tuesday declared their fourth quarter results and reported reported a consolidated net profit of Rs. 2,992 crore on sales of Rs. 12,875 crore between January and March 2014. The second IT giant of the country reported Revenue of...

    Keywords: Infosys Q4 Results, Infosys Q4 results in US dollar, Infosys Q4 Results, Infosys Q4 results

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    HDFC Q4 results, HDFC profit rise by 11 percent, hdfc profit rise by 11 pc, India business news

    HDFC profit rise by 11 pc 06 May 2014

    Housing Development Finance Corporation [HDFC] Ltd reported a profit of 10.8 percent rise at at Rs 1,723.10 crore for the fourth quarter ended March, 2014 where as the total income rose from Rs 5,666.08 crores to Rs 6,620.33 crores and...

    Keywords: HDFC, HDFC total income, India Business News, HDFC Q4 results

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    WalMart India, India Business News, walmart debuts in hyderabad, India business news

    WalMart debuts in Hyderabad 02 July 2014

    WalMart India on Tuesday launched its online wholesale portal services in Hyderabad and Lucknow cities. After the launch the company released a statement which said this e-commerce platform will offer wide range of products with the same price as its...

    Keywords: walmart store in lucknow, Walmart CEO Krish Iyer, Business news, WalMart India

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    Business News, Nita Ambani, nita ambani joins reliance industries, India business news

    Nita Ambani joins Reliance Industries 18 June 2014

    Mukesh Ambani's wife Nita Ambani has officially joined the Reliance Industries Ltd [RIL] today. Her appointment was confirmed in the Annual General Meeting [AGM] held today in Mumbai. With this, Nita is the first woman to be appointed as the...

    Keywords: Nita Ambani appointed in Reliance Industries, Reliance Foundation, Reliance Foundation, Nita Ambani appointed in Reliance Industries

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    Business News, Business News, airasia to fly from june 12, India business news

    AirAsia to fly from June 12 29 May 2014

    AirAsia India will begin its operations in the country from June 12 and ticket sales are starting on Friday i.e, May 30. AirAsia has been granted flying license by aviation regulatory DGCA earlier this month and so the operations are...

    Keywords: Business News, DGCA, Business News, AirAsia

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    Business News, S.D. Shibulal, infosys hunts for new ceo, India business news

    Infosys hunts for new CEO 11 April 2014

    Infosys Ltd on Friday announced that the search for the company's Chief Executive Officer [CEO] has begun. The current CEO and co-founder SD Shibulal will be retiring in January next year and so Infosys has started its search for new...

    Keywords: Business News, Infosys hunts for new CEO, Egon Zehnder, Infosys searches for new CEO

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    Rupee value against dollar, rupee, rupee ends eight months high, India business news

    Rupee ends eight months high 26 March 2014

    Indian Rupee which nearly depreciated by 14 percent last year, is slowing getting strong. This year so far Rupee gained nearly 3 percent and is still going strong. Today, Rupee hit eight months high at Rs 60.13 per USD and...

    Keywords: Rupee value, Business News, Rupee value, National Stock Exchange

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    Stock Markets, Indian Rupee, stock markets end positive, India business news

    Stock Markets end positive 09 June 2014

    The Stock Markets started the week on positive note, both Bombay Stock Exchange and Nifty touched new highest today. BSE gained 183 points while Nifty crossed 7,600 and ended above it. The Markets were completely dependent on the President of...

    Keywords: Stock Markets, Indian Rupee, Bombay Stock Exchange, President Pranab Mukherjee speech in Parliament

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    Monetary Policy Review, Monetary policy, rbi holds the policy rate, India business news

    RBI holds the Policy Rate 01 April 2014

    The Reserve Bank of India on Tuesday held the Repo Rate unchanged at 8 percent in the bank's Monetary Policy Review. RBI Governor Raghuram Rajan has raised the repo rate three times by a total of 75 basis points since...

    Keywords: India Business News, general elections 2014, Raghuram Rajan, Monetary Policy Review

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    Sun Pharma Karkhadi plant, Business News, sun pharma to buy ranbaxy, India business news

    Sun Pharma to buy Ranbaxy 07 April 2014

    Sun Pharmaceuticals Industries will buy struggling generic drug maker Ranbaxy Laboratories in an all-stock transaction for an equity value of USD 3.2 billion which will make it the largest pharmaceutical company in India and also the fifth largest in the...

    Keywords: Ranbaxy's Toansa plant, Sun Pharmaceutical, Sun Pharma to buy Ranbaxy, Ranbaxy Laboratories

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    Honda sales in India, Mercedes, honda post a record domestic sales, India business news

    Honda post a record domestic sales 02 April 2014

    Japan's automaker Honda has registered a record domestic sales in March 2014 and this is their highest ever sales in the country. The sales graph rose by 83.4 percent and sold 18,426 units as compared to 10,044 units the same...

    Keywords: Business News, Honda post a record domestic sales, Business News, Mercedes GL 350

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