India Business News

No safety breach during mid-air jig: SpiceJet

by sulekha news on Mar 20 2014 8:32PM IST

New Delhi, March 20 (IANS) Budget carrier SpiceJet Thursday said its crew did not violate any safety norms while conducting mid-air dances in some of its flights as part of the Holi celebrations.

Sensex slips 93 points on possible US interest rate hike

by sulekha news on Mar 20 2014 8:32PM IST

Mumbai, March 20 (IANS) A benchmark index of Indian equities markets Thursday closed 93 points down on reports of US tapering that led to selling in interest-sensitive capital goods, banks and automobile stocks.

Airtel set to introduce Nokia X in 17 African nations

by sulekha news on Mar 20 2014 6:23PM IST

New Delhi, March 20 (IANS) Telecom service provider Bharti Airtel has joined hands with handset maker Nokia to provide new Nokia X smartphone across 17 countries in Africa from mid-April this year, a company statement said here Thursday.

Satluj Nigam's second hydro project starts generation

by sulekha news on Mar 20 2014 5:43PM IST

Shimla, March 20 (IANS) Public sector Satluj Jal Vidyut Nigam Limited's (SJVN Ltd.) second hydropower project in upper Shimla started partial generation Thursday, a company official said here.

India's new Companies Act model for others: Wolters Kluwer

by sulekha news on Mar 20 2014 4:32PM IST

Mumbai, March 20 (IANS) The new Companies Act enacted by India last year is not just a modern legislation addressing the contemporary corporate needs, but also a model which other countries can follow, an expert in the subject has said.

Toyota India suspends 17 workers

by sulekha news on Mar 20 2014 10:21AM IST

Bangalore, March 20 (IANS) Toughening its stand against agitating employees, Toyota India has suspended 17 workers for misconduct and indiscipline four days after it declared a lockout in its twin factories near here.

Delhi power discoms not cooperating in audit, CAG tells HC

by sulekha news on Mar 19 2014 10:11PM IST

New Delhi, March 19 (IANS) The Comptroller and Auditor General (CAG) Wednesday informed the Delhi High Court that the three power discoms in the national capital were not cooperating in the audit of their finances.

I-T department to monitor black money during polls

by sulekha news on Mar 19 2014 7:21PM IST

Mumbai, March 19 (IANS) The Mumbai income-tax department is gearing up to keep a strict watch on black money transactions during elections, an official said here Wednesday.

Meghalaya presents deficit budget

by sulekha news on Mar 19 2014 6:21PM IST

Shillong, March 19 (IANS) Announcing levy of export fee on forest products in Meghalaya, Chief Minister Mukul Sangma Wednesday presented a Rs.527 crore deficit budget for the 2014-15 fiscal.

Alstom India wins Rs.161 crore Power Grid contract

by sulekha news on Mar 19 2014 5:31PM IST

New Delhi, March 19 (IANS) Power infrastructure major Alstom T&D India Wednesday said it has won a euro 20.1 million contract from state-run Power Grid Corp for supplying transmission equipment across north India.

Sensex closes flat; IT stocks down

by sulekha news on Mar 19 2014 4:51PM IST

Mumbai, March 19 (IANS) A benchmark index of Indian equities markets Wednesday closed flat, paring gains of earlier sessions with information technology (IT) and automobile stocks losing the most.

Poll panel urges media to report paid news cases

by sulekha news on Mar 19 2014 4:31PM IST

New Delhi, March 19 (IANS) The Election Commission Wednesday urged the electronic media to report to it cases of paid news, where political parties approach channels for advertisements without the certification of the poll panel.

Have proper policy on e-rickshaw: HC

by sulekha news on Mar 19 2014 4:31PM IST

New Delhi, March 19 (IANS) The Delhi High Court Wednesday asked the Delhi government to come up with a "proper policy" for battery-operated e-rickshaws plying without licences or number plates.

Nissan launches entry-level hatchback Datsun GO

by sulekha news on Mar 19 2014 4:21PM IST

New Delhi, March 19 (IANS) Japan's Nissan Motor Company Wednesday launched its entry-level hatchback, Datsun GO, priced between Rs.3.12 lakh and Rs.3.69 lakh (ex-showroom Delhi).

Report sought on plea to ban coins with Vaishno Devi image

by sulekha news on Mar 19 2014 2:21PM IST

New Delhi, March 19 (IANS) The Delhi High Court Wednesday directed the centre to file a status report on a plea seeking withdrawal of Rs.5 denomination coins with the image of deity Mata Vaishno Devi embossed on the reverse.