India Business News

Indian economy to grow at 4.9 percent in 2013-14

by sulekha news on Feb 7 2014 5:22PM IST

New Delhi, Feb 7 (IANS) The Indian economy is expected to grow by 4.9 percent in the financial year ending March 31, 2014 as compared to 4.5 percent expansion recorded in the previous year, government data showed Friday.

Indian economy to grow at 4.9 percent in 2013-14: Government

by sulekha news on Feb 7 2014 5:22PM IST

New Delhi, Feb 7 (IANS) Indian economy is expected to grow by 4.9 percent in the financial year ending March 31, 2014 as compared to 4.5 percent expansion in the previous year, government data showed Friday.

NTPC told to continue power supply to Reliance-led discoms

by sulekha news on Feb 7 2014 5:22PM IST

New Delhi, Feb 7 (IANS) The Supreme Court Friday directed the state-run National Thermal Power Corporation (NTPC) to continue supplying electricity to Reliance-led distribution firms in the capital BSES Rajdhani and BSES Yamuna till March 26, and said consumers must not be inconvenienced.

Sensex ends in positive for fourth day; up 66 points

by sulekha news on Feb 7 2014 5:22PM IST

Mumbai, Feb 7 (IANS) A benchmark index of the Indian equities markets closed in the positive for fourth consecutive session, helped by buying support in metal, realty, and auto stocks.

Haryana to take back SEZ land from Reliance Industries

by sulekha news on Feb 7 2014 5:22PM IST

Chandigarh, Feb 7 (IANS) The Haryana cabinet Friday approved a proposal for reversal of 1,383.68 acres of land from Mukesh Ambani-led Reliance Industries, meant for setting up of the biggest public-private partnership (PPP) model special economic zone (SEZ) in the country.

New Zealand cricketers turn businessmen in India

by sulekha news on Feb 7 2014 4:32PM IST

New Delhi, Feb 7 (IANS) New Zealand skipper Brendon McCullum, while leading his country's side in dominating India in the ongoing series, will also have his sights firmly set on his business ventures in the cricket crazy sub-continent.

Britain to invest substantially in West Bengal

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

Kolkata, Feb 7 (IANS) Britain is eyeing "substantial, long-term investments" in West Bengal, and seeks to tap into the state's needs for infrastructure, renewables and up-skilling the workforce, Greg Barker, minister for business engagement with India, said here Friday.

'Maruti Celerio's pricing cannot be compared with others'

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

Chennai, Feb 7 (IANS) The pricing of competitor products is not an issue for Maruti Suzuki India Ltd's new offering Celerio as it cannot be compared with others, a senior official of the company said here Friday.

Britain eyeing huge, long-term investments in Bengal

by sulekha news on Feb 7 2014 2:38PM IST

Kolkata, Feb 7 (IANS) Britain is eyeing "substantial, long-term investments" in West Bengal, and is seeking to tap into the state's needs for infrastructure, renewables and up-skilling the workforce, said Greg Barker, Britain's minister for business engagement with India.

Sensex range bound; metal, realty stocks up

by sulekha news on Feb 7 2014 2:38PM IST

Mumbai, Feb 7 (IANS) A benchmark index of the Indian equities markets Friday witnessed range bound session with positive bias, helped by buying support in metal, realty, and auto stocks.

With 15 vehicles, LPU students showcase innovation at Auto Expo

by sulekha news on Feb 7 2014 2:37PM IST

Greater Noida, Feb 7 (IANS) Amid all the fanfare and glamour associated with new launches of vehicles at the 12th edition of the Auto Expo here, students of a private university from Punjab are quietly showcasing 15 vehicles - all conceptualized, designed, developed and manufactured by them.

HC to hear discoms' plea against CAG audit Feb 14

by sulekha news on Feb 7 2014 11:32AM IST

New Delhi, Feb 7 (IANS) Three power discoms moved the Delhi High Court Friday against the order of a single judge refusing to stay a Delhi government directive for a Comptroller and Auditor General (CAG) audit of their finances since their inception in 2002.

Kenya looks to India for farm mechanisation

by sulekha news on Feb 7 2014 11:13AM IST

New Delhi, Feb 7 (IANS) Kenya is planning to mechanise its agriculture and looking to India for farm equipment that will bring down production costs. The East African country is also bringing in policy changes to transform the sector from subsistence farming to commercial agriculture.

UP powermen to strike Feb 19

by sulekha news on Feb 7 2014 11:06AM IST

Lucknow, Feb 7 (IANS) Electricity workers in Uttar Pradesh would go on a day-long strike Feb 19 to oppose a government move to privatize power distribution in Meerut, Ghaziabad, Kanpur and Varanasi, a union member said Friday.

Fresh snowfall forces closure of Srinagar-Jammu highway

by sulekha news on Feb 7 2014 10:54AM IST

Srinagar, Feb 7 (IANS) Fresh snowfall on the strategic Srinagar-Jammu highway Friday forced authorities to close the highway for vehicular traffic.