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Govt. allows power producers to pass additional cost of imported coal on to...
The government on Friday approved the proposal to allow power producers to pass the high cost of imported coal on to consumers. After the Cabinet Committee on Economic Affairs’ (CCEA’s) meeting in New...
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Rupee’s fall hits middle and lower classes the hardest: Assocham
The drastic fall in the value of Indian rupee against the US dollar has hit the country’s middle class and lower class the worst, a fresh survey by Assocham revealed. The Indian currency slipped to...
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Insurance sector will witness sub-5% growth rate in FY’14: CII
India’s cash-strapped insurance industry would likely witness a moderate growth rate of sub-5 per cent during the current financial year, according to the Confederation of Indian Industry (CII). In...
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RIL’s data-focused network will face many challenges
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani is betting big on 4G broadband with a hope that his huge investments in the field would transform the way people use mobile devices for activities...
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Jewellery stocks slip as investors worried about future earnings
Gems and jewellery companies suffered steep declines in their stocks on Tuesday as investors were worried that the government’s measures to curb gold imports might hurt earnings from the stocks. The...
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Govt. expected to clarify pharma FDI policy by July 10
The government is expected to clear all doubts about the foreign direct investments (FDI) policy in the pharmaceuticals sector by early July, a senior government official said. Speaking on the...
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Gold prices fall to Rs 25,740 per 10 gm
According to the latest figures released, Gold prices have fallen to Rs 25,740 per 10 gm, which is its lowest level in two years as global markets influenced the Indian market. The gold prices fell to...
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Hero MotoCorp buys nearly 50% stake in U.S. motorcycle firm
Two-wheeler giant Hero MotoCorp Ltd. has become the second-largest stakeholder in U. S.-based motorcycle firm Erik Buell Racing LLC by acquiring nearly half of the company’s stake from its founder...
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India’s auto sales fall again in June
India’s car industry continued to suffer decline in sales in June as higher fuel costs and tougher economic conditions forced people to defer their plans to buy a car. All major manufacturers, with...
View ArticleInternet ad firms to deny ad revenue to websites violating IP laws
In lockstep with the White House and the Internet Advertising Bureau, a group of internet advertising companies has agreed to comply with a newly published set of best practices aimed at denying ad…...
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