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India: Business & Economy
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India's rich temples may open gold vaults for Modi. India is the world's biggest consumer of gold and its ancient temples have collected billions of dollars in jewellery, bars and coins over the centuries - all hidden securely in vaults, some ancient and some modern. Read more...
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India: Business & Economy
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India Outlook Raised by Moody’s While Fitch Sees Faster Growth. India’s credit rating outlook was raised to positive by Moody’s Investors Service and Fitch Ratings boosted its growth forecast, signaling optimism that policy makers can improve Asia’s No. 3 economy.
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India: Business & Economy
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In Surprise Move, India's Biggest Banks Slash Lending Rates. Two of India’s largest banks surprisingly slashed their base lending rate on Tuesday following remarks by the country’s central bank chief that they’d have to do more to spur lending.
The State Bank of India and mortgage lender HDFC Bank cut their base rate from 10% to 9.85%. Read more...
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India: Business & Economy
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Molson Coors Brewing Co. has acquired Mount Shivalik Breweries Ltd. (507522.BY), maker of Thunderbolt beer, as the company continues its expansion into the Indian market.
Financial terms weren't disclosed.
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India: Business & Economy
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Why it's finally time for India to start shining
The world is paying attention to India's economic prowess, but can the behemoth finally start living up to its billing? Read more...
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India: Business & Economy
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The East India Company: The original corporate raiders
For a century, the East India Company conquered, subjugated and plundered vast tracts of south Asia. The lessons of its brutal reign have never been more relevant
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India: Business & Economy
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IMF: India Will Be Fastest Growing Major Economy by 2016
The International Monetary Fund predicted India’s GDP growth will overtake China’s in two years.
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India: Business & Economy
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Uber the U.S. cab-hailing company banned in New Delhi, said it will carry out a review of its India operations and beef up driver screening as it seeks to reach an agreement with the government to restart services. Read more...
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India: Business & Economy
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Xiaomi reportedly banned from selling smartphones in India due to patent issues
The Chinese handset maker has supposedly been served with an injunction and will be unable to import or sell its smartphones until infringement issues with Ericsson are resolved.
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India: Business & Economy
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India and the US have resolved their disagreements on food security issues, paving the way for a global trade pact.
The prospect of a global trade deal had faded at a World Trade Organization (WTO) summit in Indonesia last year, after India said it would not budge on some rules governing food subsidies.
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India: Business & Economy
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India's Narendra Modi to launch bank accounts for all Indian Prime Minister Narendra Modi is to launch a plan to provide a bank account for every household, in a landmark initiative to help the poor.
Nearly 40% of Indians have little access to financial services and are often at the mercy of moneylenders who charge extortionate interest. Read more...
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India: Business & Economy
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BMW which last week launched an all-new version of its M6 Gran Coupe, a four-door sports car, plans to bring the hybrid #BMW i8 car as a completely built-up unit (CBU) by the end of 2014. #sedan #sportscar
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India: Business & Economy
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#Samsung #Galaxy S5 is now up for pre-orders in India. Customers can book the phone by paying Rs. 1,500 on the Samsung India online store - to receive the phone when it becomes available on April 11. Samsung has announced price will be between Rs. 51,000 and Rs. 53,000.
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India: Business & Economy
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www.CannyTechnologies.com is your perfect partner in all your business needs. Its a leading Web Services firm that supplies professional services in Web Development & Maintenance, E-commerce site development, Software Development, Application Development, Application Maintenance, Digital Marketing, E-mail and SMS Marketing, Web Hosting, Domain Registration, Shared Web Hosting.
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India: Business & Economy
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Canny Technologies is your perfect partner in all your business needs. Its a leading Web Services firm that supplies professional services in Web Development & Maintenance, E-commerce site development, Software Development, Application Development, Application Maintenance, Digital Marketing, E-mail and SMS Marketing, Web Hosting, Domain Registration, Shared Web Hosting, Online Store Management.
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India: Business & Economy
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In India, the Chromebook will be sold under a co-branding with Acer Inc. for 22,999 rupees ($371), and with Hewlett-Packard Co. for 26,990 rupees. The price will include 100 gigabits of free storage for two years on Google’s online storage system Google Drive.
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India: Business & Economy
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The Indian supreme court has refused to allow one of the world's leading pharmaceutical companies to renew its patent on an important cancer drug, in a decision that campaigners hail as a vital step forward for access to medicines for the poor in the developing world. Read more...
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India: Business & Economy
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According to data compiled by the animal husbandry departments of all states, meat from registered slaughterhouses increased from 5.57 lakh tonnes in 2008 to 8.05 lakh tonnes in 2011. Export earnings from bovine (beef and cattle) meat expected to touch Rs 18,000 crore in 2012-2013. India became the world's top exporter of beef in 2012.
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India Business & Economy
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Indian IT leader Tata Consultancy Services has announced that it has been ranked as number one top employer in Europe for 2013, by CRF Institute. Founded in 1991, the CRF Institute is an independent organisation that identifies top performers in the field of human resources worldwide.
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India: Business & Economy
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NEARLY three-fourths of all diseases caused in India are due to water contaminants. Despite that, one in eight Indians still lacks access to clean drinking water.
Founded in 2008, Sarvajal — which in Sanskrit means “water for all”—now sells clean drinking water to more than 70,000 people in rural India. In bigger villages, it employs local people to man filtration plants and sell water.
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India: Business & Economy
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Wind energy is an area in which India has thrived, with close to 20 gigawatts of installed capacity. An Indian company, Suzlon Energy, is the world's fifth-largest wind turbine supplier. Another success story is to be found in smart meters, where Secure Meters has beaten the likes of General Electric to sell hundreds of thousands of smart meters to western markets.
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India: Business & Economy
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India cabinet approves food security bill.
The Indian cabinet has approved an ambitious plan to subsidise food for two-thirds of the population.
The Food Security Bill proposes to make food a legal right and seeks to provide 5kg of grain every month to some 800 million poor people.
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India: Business & Economy
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Apple has managed a significant turnaround in India’s smartphone market, according to new figures out from IDC today (via CNN). The Apple smartphone grabbed 15.6 percent of India’s smartphone market by revenue in Q4 2012, according to new data from the research firm, just behind market leading Samsung with its 38.8 percent,
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