Tokyo stocks opened higher Wednesday as sentiment was lifted by a weaker yen and a series of upbeat U.S. economic gauges.

NIIT ranks 4th Best Company to Work for among 550 companies across 22 industries in India

Bangalore : NIIT, leading Global Talent Development Corporation and Asia’s largest IT trainer, has been acknowledged as the 4th Best Company to Work for, in a survey among 550 companies across 22 industries in India, by ‘Great Place to Work Institute®’. Further, NIIT has been recognized as the number one Training & Education Company to […]

Easier entry norms; single class for foreign investors: SEBI

With an aim to attract a larger number of foreign investors to Indian capital markets, SEBI approved wide-ranging changes in the way they operate here and made their registration and compliance requirements much simpler and easier. The Sebi board also approved merging different classes of investors such as FIIs, their Sub Accounts and Qualified Foreign […]

OVL-OIL to buy Videocon’s stake in Mozambique field

In the third acquisition in ten months, ONGC along with Oil India Ltd will buy Videocon Industries’ 10 pc stake in a giant Mozambique gas field for USD 2.5 billion and may pay a similar amount to buy a further 10 pc stake from Anadarko of US. ONGC Videsh Ltd, the overseas arm of Oil […]

Muthoot Finance gets In-Principle Authorisation for White Label ATM

Bangalore : In a landmark development to revolutionise financial inclusion and financial services in India, Muthoot Finance Ltd., India’s largest gold financing company, a flagship company of The Muthoot Group, has become one of the first-ever NBFC to obtain RBI’s licence for setting-up White Label ATMs (WLAs) in the country. Muthoot Finance aims to set-up […]

IMG reviews 56 coal blocks; suggests showcause notices

Taking ahead its crusade against firms sitting idle on coal blocks allotted to them, the Inter-Ministerial panel on Tuesday reviewed the progress of 56 coal blocks of firms like JSPL and Arcelor Mittal and recommended issuing show cause notices in case of few firms. “The 19th meeting of the Inter-Ministerial Group (IMG) under the Chairmanship […]

Govt approves Rs 650-cr penalty on Bharti Airtel: Official

Telecom Min Kapil Sibal is learnt to have approved levying of Rs 650 crore penalty on Bharti Airtel for allegedly violating roaming norms in 13 service areas between 2003 and 2005. “The Minister has approved penalty of Rs 650 crore on SLD (subscriber local dialing) matter… demand notice will be issued this week,” a Telecom […]

Sensex up 88 pts; Bharti Airtel, ONGC surge

The BSE benchmark Sensex on Tuesday closed over 88 points higher, led by bluechips Bharti Airtel and ONGC as foreign funds resumed buying following a firm trend in global markets. In a highly volatile trade, the 30-share index resumed the day higher at 18,613.84 but tumbled down in intra-day but again gained and settled 88.26 […]

Du Battery Saver App Surpasses 10 Million Users on Google Play

Mumbai :  Du Battery Saver, a leading battery saving app for Android devices, announced today that it has surpassed 10 million total user downloads since it first launched in September 2012. The current total downloads includes users of both the free and paid PRO version, which retails for Rs. 162. Du Battery Saver saves up […]

Tripadvisor acquires Gateguru

NewDelhi :  TripAdvisor , Inc. today announced it has acquired GateGuru (www.gateguruapp.com), the leading mobile resource for flight and airport information around the world.  Built on a mix of user-generated content and information from the airports, flyers can view detailed maps and insights on stores, restaurants, amenities and gate locations.  Combined with weather forecasts, estimated […]