Life News - Page 11

With Rs 7,700 cr tax amnesty flow FinMin confident of meeting deficit target

With Rs 7,700 cr tax amnesty flow FinMin confident of meeting deficit target

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Gold imports which had touched 162 tonnes in May, fell to 19.3 tonnes in November. The government has hiked import duty on gold three times in 2013 taking the levy to 10 percent and had also imposed other import restrictions.<br /><br />

Apollo's Cooper blunder: A deal gone horribly wrong

Apollo's Cooper blunder: A deal gone horribly wrong

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The deal, if it had gone through, would have catapulted Apollo to 7th position in the global tyre stakes, from 17th position now.<br /><br />

Walmart await clarity on multi-brand FDI rules, focus on wholesale retail

Walmart await clarity on multi-brand FDI rules, focus on wholesale retail

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After parting ways with Bharti group in October last year, Walmart had said it was studying the feasibility of India's foreign direct investment (FDI) policy in multi-brand retail before finalising plans to enter the segment.<br /><br />

8 firms headed by Indian-origin entrepreneurs on Forbes promising cos' list

8 firms headed by Indian-origin entrepreneurs on Forbes promising cos' list

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The list is topped by Fuhu, a California-based company that sells the Nabi, an Android-based tablet for kids. It has revenues of $175 million and raised $55 million from backers like computer-maker Acer and animation studio DreamWork.<br /><br />

WEF: BRICS economies on rebound; India to clock steady GDP growth

WEF: BRICS economies on rebound; India to clock steady GDP growth

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According to leaders of these economies who were speaking at a session at the 44th World Economic Forum Annual Meeting here, the BRICS economies would rebound over the next few years, despite having been hit to varying degrees by fallout from the global financial crisis.<br /><br />

FDA ban: Ranbaxy to take 'appropriate action' for lapses at Toansa

FDA ban: Ranbaxy to take 'appropriate action' for lapses at Toansa

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Ranbaxy Laboaratories today said it will take 'appropriate management action' for the lapses at the manufacturing facility after the conclusion of an internal investigation.<br /><br />

AAI chairman against privatisation of airports, sacked

AAI chairman against privatisation of airports, sacked

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Alok Sinha, who is currently joint secretary in the Aviation Ministry and handling the airports, has been given additional charge of the post, according to government orders.<br /><br />

43% Indian firms bank on women at senior positions for success

43% Indian firms bank on women at senior positions for success

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In what comes as some good news for women, a survey by Randstad India shows that many Indian organisations may be hiring more women at top levels this year.

 Louis Philippe chases the affluent in tier 2 cities, to add upto 50 stores annually

Louis Philippe chases the affluent in tier 2 cities, to add upto 50 stores annually

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Madura Garment's premium menswear brand Louis Philippe plans to add around 40-50 stores every year and would expand in the tier 2 cities targeting the<br /><br />

India to create 100 mn jobs in manufacturing: Anand Sharma

India to create 100 mn jobs in manufacturing: Anand Sharma

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According to the Sharma, India needs to expand its manufacturing sector to boost exports and ensure sustainability.<br /><br />

I would rather deliver than spend hours talking about growth: AirAsia's Fernandes

I would rather deliver than spend hours talking about growth: AirAsia's Fernandes

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AirAsia's joint venture with the Tatas in India will start its operations soon. Talking to CNBC-TV18's Menaka Doshi, on the sidelines of World Economic Forum in Davos , AirAsia CEO Tony Fernandes expressed confidence that AirAsia's low cost model will work in India despite various challenges. He is optimistic about changing travel mood in India and sees this as good time to enter Indian market.<br /><br />

AAP's economic policies disastrous for India: Ajay Piramal

AAP's economic policies disastrous for India: Ajay Piramal

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Unimpressed by the Aam Aadmi Party's way of functioning, Ajay Piramal, chairman, Piramal group, in an interview with CNBC-TV18 said that the party's economic policies are disastrous for the country.<br /><br />

Inflation is a destructive disease, says Raghuram Rajan

Inflation is a destructive disease, says Raghuram Rajan

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Terming inflation as a "destructive disease", Reserve Bank governor Raghuram Rajan on Thursday said there can be no trade off with growth and prices have to be brought down.

2005 currency cutoff: RBI move may check black money but it's panic time

2005 currency cutoff: RBI move may check black money but it's panic time

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A period of three month is too short a time and will create long queues and confusion as the masses flock to banks spending a horrendous amount of man hours for this process

Moily blames Modi for Gujarat genocide, attacks 'immature' AAP

Moily blames Modi for Gujarat genocide, attacks 'immature' AAP

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In an exclusive interview to Reuters, Moily described Narendra Modi as a 'bloated figure' who will disintegrate the country if he comes to power.

SBI spreads footprint on social media: Now on YouTube, next Twitter

SBI spreads footprint on social media: Now on YouTube, next Twitter

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Nation's largest lender State Bank of India today strengthened its social media presence with the launch of its channel on popular video sharing website YouTube and said it will also be launching its handle on the micro-blogging site Twitter soon.

US FDA bans more products from Ranbaxy

US FDA bans more products from Ranbaxy

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The US Food and Drug Administration said on Thursday it has banned more products from drugmaker Ranbaxy Laboratories from entering the United States due to manufacturing violations.

Tata Motors launches Vista VX Tech

Tata Motors launches Vista VX Tech

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Vista VX Tech comes loaded with advanced technology features like touch screen multimedia system with GPS navigation, new drive pro-console and advanced driver information system among others, the company said.

Kerala wins United Nations award for sustainable tourism

Kerala wins United Nations award for sustainable tourism

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Kerala Tourism has been conferred the United Nations Award for creating innovative initiatives for sustainable tourism, the first time India has ever won the recognition.

Relaxing gold import curbs: Chidambaram defies Sonia?

Relaxing gold import curbs: Chidambaram defies Sonia?

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Soon after CNBC-Awaaz TV channel reported, citing sources, that Congress President Sonia Gandhi has written a letter to the government seeking relaxation on gold import curbs, Finance Minister Chidamabaram said that no such move is possible until the country's current account deficit comes under control.<br /><br />

Jet Konnect joins fare war, offers cheap tickets on advance booking

Jet Konnect joins fare war, offers cheap tickets on advance booking

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The low-cost carrier has announced a 30-day advance purchase scheme on domestic flights. According to a circular to travel agents, the Jet Konnect scheme is valid for sale on Thursday and Friday with travel up to April 15, like the offer of most other airlines.<br /><br />

Charging for ATM services could push customers to bank counters: Takru

Charging for ATM services could push customers to bank counters: Takru

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A top Finance Ministry official today favoured free ATM services as existing now, saying if they are priced, customers could flock to bank counters which is more expensive than running the money dispensing machines.<br /><br />

This survey explains why foreign investors are still bullish on India

This survey explains why foreign investors are still bullish on India

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The long-term outlook for India is also positive, with investors expecting the country to be among the world's top three growth economies, and among top three manufacturing destination by 2020.<br /><br />

India has potential to grow 6-7.5%, no need for alarm bells: Montek

India has potential to grow 6-7.5%, no need for alarm bells: Montek

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Ahluwalia said that emerging markets would need to focus more on FDI and bonds among other measures to make up for the fall in bank credit.<br /><br />

Biocon reports Q3 net profit of Rs 105 cr, up 14%

Biocon reports Q3 net profit of Rs 105 cr, up 14%

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The key highlight was the DCGI approval for our biosimilar Trastuzumab, which paved the way for its commercial launch in India as CANMAb.<br /><br />

Global biggies bet big on India, retail real estate supply jumps 78%

Global biggies bet big on India, retail real estate supply jumps 78%

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With global retailers expanding their presence in India, organized retail supply in 2013 witnessed a strong year-on-year growth of about 78 percent, says a new report

Is inflation targeting really the way out for RBI?

Is inflation targeting really the way out for RBI?

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Rajan believes that the RBI should be concentrating on controlling inflation, instead of trying to do too many things at the same time.

Ambani, Bajaj, Mahindra among Indian execs skipping WEF

Ambani, Bajaj, Mahindra among Indian execs skipping WEF

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Despite these dropouts, Indian delegation still runs into about 125 business and political leaders, which makes India's presence fourth largest after the US, UK and the host country Switzerland.<br /><br />

AirAsia hopes for Mar-Apr India launch, promises 'dramatically' low fares

AirAsia hopes for Mar-Apr India launch, promises 'dramatically' low fares

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AirAsia has partnered with Tata group and Arun Bhatia-led Telstra Tradeplace for AirAsia India, which is looking to run low-cost passenger airline service in the country.<br /><br />