India Business News

Art edges out history in Delhi's ancient Lado Sarai village (With Image)

by sulekha news on Apr 11 2013 1:22PM IST

New Delhi, April 11 (IANS) A kilometre-long stretch of the ancient village of Lado Sarai, abutting the historic Qutb Minar archeological complex, bursts into rainbow colours every three months when at least eight of the 20-odd boutique art houses open their new exhibitions together in what has come to be known as the Lado Sarai Art Nite.

Airtel can't enrol new 3G phone users in seven circles

by sulekha news on Apr 11 2013 1:06PM IST

New Delhi, April 11 (IANS) In a setback to Bharti Airtel, the Supreme Court Thursday restrained the company from enrolling new subscribers and extending to them 3G services in seven circles where it does not have licences.

Sensex up half a percent; bank, IT stocks rally

by sulekha news on Apr 11 2013 12:18PM IST

Mumbai, April 11 (IANS) A benchmark index of Indian equities markets was trading higher by half a percent Thursday around 11.30 a.m, as banking, information technology (IT) and automobile stocks rallied.

Eveready looking for joint venture partners

by sulekha news on Apr 11 2013 12:24AM IST

Kolkata, April 11 (IANS) Eveready Industries India is looking for a willing joint venture partner to develop its properties in Hyderabad and Noida.

Power tariff hiked in Punjab

by sulekha news on Apr 10 2013 9:44PM IST

Chandigarh, April 10 (IANS) People in Punjab may not get regular supply of power but their bills will continue to go up. The state's power sector regulator Wednesday announced an average hike of over nine percent in tariff for consumers in Punjab.

Fiat ends distribution agreement with Tata Motors

by sulekha news on Apr 10 2013 9:14PM IST

New Delhi, April 10 (IANS) To further develop its brand in India, Italian automobile major Fiat's Indian subsidiary Wednesday said it has dissolved an agreement with its manufacturing partner Tata Motors for distributing Fiat passenger vehicles sold here.

Sahara Group top brass quizzed by SEBI

by sulekha news on Apr 10 2013 8:14PM IST

Mumbai, April 10 (IANS) Sahara Group head Subrata Roy and three top company executives were quizzed about their assets and investments by Indian markets regulator SEBI here Wednesday in connection with refunds of Rs.24,000 crore to over three crore investors.

Nasscom invites applications for 10,000 start-up programme

by sulekha news on Apr 10 2013 8:14PM IST

Hyderabad, April 10 (IANS) Nasscom, which recently launched its '10,000 start-ups' programme, Wednesday announced inviting applications from innovative technology start-ups across the country.

India calls for 'practical solutions' to EU timber regulation

by sulekha news on Apr 10 2013 8:14PM IST

New Delhi, April 10 (IANS) A week after the European Union (EU) implemented its new timber sourcing regulation, India Wednesday said its implementation should be based on the practicality of existing systems within the country so as to achieve the intended results.

Urban renewable projects hit by manpower shortage: Nath

by sulekha news on Apr 10 2013 7:44PM IST

New Delhi, April 10 (IANS) Urban Development Minister Kamal Nath Wednesday blamed lack of professionalism and shortage of skilled manpower for the slow implementation of city modernisation projects in some states under a central scheme.

Scindia seeks priority for power plants in gas allocation

by sulekha news on Apr 10 2013 7:24PM IST

New Delhi, April 10 (IANS) The union power ministry is seeking priority status to power projects for gas allocation, on par with fertiliser units, Power Minister Jyotiraditya Scindia said Wednesday.

Women's group opposes Playboy club in Goa

by sulekha news on Apr 10 2013 7:05PM IST

Panaji, April 10 (IANS) A women's group Wednesday joined the protest against a proposed Playboy club in Goa, the controversies surrounding which have already created a rift in the ruling Bharatiya Janata Party (BJP).

CAG yet to get nod for Oberoi's Wildflower Hall audit

by sulekha news on Apr 10 2013 6:34PM IST

Shimla, April 10 (IANS) The country's official auditor CAG has not got formal approval from the Himachal Pradesh government for a special audit of the Oberoi Group's Wildflower Hall, a landmark luxury hotel on the outskirts of this city, an official said here Wednesday.

Kingfisher Airlines again submits revival plan

by sulekha news on Apr 10 2013 6:04PM IST

New Delhi, April 10 (IANS) Financially stretched Kingfisher Airlines Wednesday submitted a plan to restart operations to the aviation regulator which had cancelled its flying licence over safety concerns last year.

Nassom forecasts 12-14 percent growth in IT industry

by sulekha news on Apr 10 2013 5:48PM IST

Hyderabad, April 10 (IANS) Despite economic uncertainties, Nasscom has forecast a 12-14 percent growth in the Indian IT industry during 2013-14 against 10.2 percent in dollar terms the previous year.