India Business News

Sikkim adjudged best state, Gujarat slips

by sulekha news on Apr 3 2014 7:22PM IST

New Delhi, April 3 (IANS) Sikkim was declared the best state, whereas Gujarat slipped from 17th to 24th rank in human development, according to the India Public Policy Report (IPPR) 2014.

Gujarat falls steeply in human well-being index: Report

by sulekha news on Apr 3 2014 7:22PM IST

New Delhi, April 3 (IANS) Gujarat has fallen precipitously on a countrywide index of human well-being according to a report on public policy published by a reputed private university.

Subrata Roy seeks modification of SC order for his release

by sulekha news on Apr 3 2014 7:02PM IST

New Delhi, April 3 (IANS) Sahara chief Subrata Roy Thursday sought modification of the Supreme Court's March 26 order setting a condition of depositing Rs.10,000 crore, as a part payment of the investors' money that the group's two companies had collected, for his release from judicial custody.

In sunny Goa, Russia sells icy Sochi as tourism destination

by sulekha news on Apr 3 2014 7:02PM IST

Panaji, April 3 (IANS) In sunny Goa, Russians are selling icy Sochi, the Black sea resort that has just hosted the spectacular 2014 Winter Olympics as a possible destination in an Indian tourist's itinerary.

Women's group slams Goa government over liquor notification

by sulekha news on Apr 3 2014 7:02PM IST

Panaji, April 3 (IANS) The Goa government's decision to allow bars and retail liquor outlets to remain open until 4 a.m. was criticized Thursday by a leading women's rights organisation.

Samsung says its chairman has 'no relation' to case

by sulekha news on Apr 3 2014 6:32PM IST

New Delhi, April 3 (IANS) A day after the Supreme Court asked Samsung Electronics chairman Lee Kun-Hee to appear before a Ghaziabad trial court in connection with a $1.4 million cheating case, the company said the chairman "has no relation to this case whatsoever".

DMRC starts tunnelling work for Janakpuri-Noida line

by sulekha news on Apr 3 2014 6:12PM IST

New Delhi, April 3 (IANS) The Delhi Metro Thursday began tunnelling work in west Delhi's Palam area as part of its Phase III expansion, an official said.

BBMB exceeds power generation target for fourth year

by sulekha news on Apr 3 2014 6:02PM IST

Chandigarh, April 3 (IANS) The Bhakra-Beas Management Board (BBMB) has exceeded power generation target fixed by Central Electricity Authority (CEA) for the fourth consecutive year, a BBMB spokesman said here Thursday.

Su-Kam wins solar power project for 40,000 UP rural homes

by sulekha news on Apr 3 2014 5:42PM IST

New Delhi, April 3 (IANS) Leading power back-up solutions provider Su-Kam Thursday said it has won a large-scale rural electrification project to install and commission solar power systems in 40,000 rural households in Uttar Pradesh.

Sensex, Nifty retreat after touching record highs

by sulekha news on Apr 3 2014 5:32PM IST

Mumbai, April 3 (IANS) A benchmark index of Indian equities markets closed trade Thursday in the negative territory on profit booking -- but only after it touched a new high for the ninth straight session.

Jumboking goes hi-tech to ramp up stores

by sulekha news on Apr 3 2014 5:32PM IST

Mumbai, April 3 (IANS) Quick service restaurant chain Jumboking said it has adopted modern high technologies, the same standards of the global giants like McDonalds, Pizza Hut and KFC, to ramp up its stores.

India now only country with legislated CSR

by sulekha news on Apr 3 2014 5:32PM IST

New Delhi, April 3 (IANS) With the implementation of the new company law from April 1, India has become the only country in the world with legislated corporate social responsibility (CSR) and a spending threshold of up to $2.5 billion (Rs.15,000 crore).

Tata Power to raise total generation capacity by 850 MW

by sulekha news on Apr 3 2014 4:22PM IST

New Delhi, April 3 (IANS) Leading generator and distributor Tata Power Thursday said it is executing projects that would increase the company's overall generation capacity by nearly 850 MW.

KFC registers 50 percent growth in loan disbursement

by sulekha news on Apr 3 2014 4:22PM IST

Thiruvananthapuram, April 3 (IANS) State-owned Kerala Financial Corporation (KFC) registered a record growth in critical operational areas like sanction, disbursement and recovery for the 2013-14 financial year.

Bharti Airtel is now Nigeria's second largest telecom operator

by sulekha news on Apr 3 2014 4:22PM IST

New Delhi, April 3 (IANS) Telecom service provider Bharti Airtel has become the second largest operator in Nigeria in terms of customer numbers, according to Nigerian Communications Commission (NCC), the market regulator.