Business
Highest-ever food grain production this year: Agriculture Minister

New Delhi,  Good monsoon for consecutive two years, coupled with farmer-friendly policies and decisions of the Modi government, is going to result into highest-ever production of foodgrain in the country this year, said Union Agriculture Minister Radha Mohan Singh on Monday.

Multiplex cinema stocks slip after being put in 28% GST bracket

Mumbai,  Stocks of multiplex cinema halls slipped on Monday following the government's decision to put cinema tickets in the 28 per cent tax bracket under the Goods and Services Tax (GST) regime.

Bank of India narrows net loss to Rs 1,045.54 cr

Mumbai, The state run lender Bank of India on Monday reported a standalone net loss of Rs 1,045.54 crore in the quarter ended March 31, 2017 as compared to Rs 3,587.11 crore of net loss incurred in the year-ago period.

Suresh Prabhu flags off high-speed Tejas Express

Mumbai,  Railway Minister Suresh Prabhu on Monday flagged off the country's first high-speed and feature rich train Tejas Express from Chatrapati Shivaji Station here.

IT industry sees 24% fall in hiring in April: Survey

New Delhi, With top IT firms laying off professionals, the IT-software industry was hit the most with a 24 per cent fall in hiring in April this year as compared to April 2016, according to a survey by job site Naukri.com.

Exim Bank to raise $3.5 bn from overseas, Rs 8,000 cr from domestic market

Kolkata, Exim Bank (Export Import Bank of India) plans to borrow $3.5 billion from overseas markets and Rs 8,000 crore from domestic market in the current financial year, a top official said.

EESL to invest Rs 1,000 cr by 2020 under buildings programme

Mumbai,  The Energy Efficiency Services Ltd (EESL, on Saturday said it would bring investment to the tune of Rs 1,000 crore covering more than 10,000 large government or private buildings in next 2-3 years as part of the Energy Efficient Buildings programme.

BMW opens third intelligent assembly plant in China

Beijing, German luxury automaker BMW opened its third intelligent assembly plant in China where the firm operates one of its major global production centres.

'India should actively get involved in Sri Lankan power sector growth'

Colombo,  India should actively participate in Sri Lanka's growing power sector, both traditional and renewable, a top government official has said.

New air route to help Odisha export mangoes to Southeast Asia

Bhubaneswar,  Put this down to connectivity. After Bangladesh, Odisha's mangoes are soon expected to find a market in Southeast Asia -- thanks to a new flight from Biju Patnaik International Airport here.

Key Indian equity indices trade higher

Mumbai,Key Indian equity market indices opened in the green on Friday following Goods and Services Tax (GST) Council's fitment of 1,211 goods in the tax slabs.

Chemicals, construction, mining among 11 sectors seen generating black money: Report

Chemicals and chemical products, construction, land transport, agriculture, petroleum products, iron and metallic products, are among the 11 sectors seen as "more prone to generation or utilisation of unaccounted incomes", according to a government-commissioned report on black money.

IDBI Bank reports major loss of Rs 3,200 crore for Q4

Mumbai, State-owned IDBI Bank on Thursday reported its standalone net loss at Rs 3,199.76 crore for the fourth quarter (Q4) of 2016-17 ended March 31 -- a plunge of over 84 per cent -- from a net loss of Rs 1,735.81 crore reported during Q4 last fiscal.

CESC announces business restructuring scheme

Kolkata, May 18 (IANS) Power utility CESC Ltd announced a business restructuring scheme which is based on demerger of certain existing businesses, group's Chairman Sanjiv Goenka said on Thursday.

Sensex, Nifty hit fresh intra-day highs Jio puts Mukesh Ambani on top of Forbes' Global Game Changers India's April exports up by 20% Nokia 3310 available from May 18 Equity markets touch record highs, consumer durables stocks up CBI raids Chidambaram's residences Key Indian equity indices trade in green Rock in your sari, gown with perfect accessories Apple's market cap could reach $900 bn post $1,000 iPhone launch Chanda Kochhar gets Woodrow Wilson Award for Global Corporate Citizenship More women opting for work from home for work-life balance: Survey Intermediaries need to comply with Indian cyber law: Expert No downsizing, says TCS HCL net up 21% in Q4; projects flat growth in FY18 '70% Indian automotive sales to be digitally influenced by 2020' Online gaming industry in India to hit $1 bn by 2021 Bharti Airtel's net profit drops 72% in Q4 2016-17 IPL: KKR's Woakes, Kuldeep restrict Punjab to 167/6 Positive global cues lift Indian equities Set up regional hub in New Delhi, Jaitley urges ADB Jet Airways offers special fares on 24th anniversary PTC India signs agreements with state discoms for wind power Indian equities close flat on negative global cues (Roundup) Reliance, SAP launch 'SARAL GST' solution for taxpayers AIIB approves $160 mn loan for Indian power project Yechury flays government over Aadhar HCL to announce corporate social responsibility grants DEN Networks launches premium gaming service in India Cloud infrastructure as a service to hit $677 mn in India India's growth rate to hit 7.5% in 2018, but US policies pose risk: ESCAP
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