Business

LG Electronics To Invest Rs 1,000 Crore in India

No Bank Licences For Corporates: RBI

Service Tax Evaders to Lose Assets: Finance Ministry

Alarmed by a possible large-scale evasion of service tax, the finance ministry has decided to use the toughest measure in its bouquet of options - seizing property of assesses not filing returns -to ensure compliance with the law.

Nervous IT Companies Cut Back on Hiring as Global Uncertainties Loom Large

Datamatics Acquires 72% Stake in California-Based IT Firm Cignex For $17.39 Mn

IT company Datamatics on Tuesday announced to acquire around 72 per cent stake in California-based IT firm Cignex for USD 17.39 million cash deal from its internal funding.

Mahindra Satyam to Develop IRDA's IT Project

Mahindra Satyam has been selected by insurance regulator IRDA to develop and implement an IT system for monitoring surveyors. "... Mahindra Satyam has been selected as an implementing agency for the development and implementation of Integrated S

Ansal Properties Sells 9.54 Mn Sq Ft For Rs 1,138 Cr In Apr-July

Realty firm Ansal Properties and Infrastructure today said it has sold 9.54 million sq ft of area for Rs 1,138 crore during the first four months of the current fiscal. During the entire 2010-11 fiscal, the company had sold 22.43 million sq ft for Rs

Rapid Rise of India's Steel Industry

India's steel industry is poised to be a world leader, but the country must address raw materials challenges and land issues.

Sensex Ends in Green; TCS, Coal India, Infosys up

Benchmarks snapped three-day losing streak and closed in the positive terrain as investors bought stocks available at lower levels. Technology, FMCG and metals led the upmove while rate sensitives like realty, auto and banks were under pressure on ra

China Speeds Past India's Slow Train to Himalayas

"That is the way the project has been undertaken. You tunnel and then you find it is not holding. You then try and skirt around it like a bypass surgery."