BS Reporter &Amp; Bloomberg

Stories by BS Reporter &Amp; Bloomberg

Will remove all roadblocks to attract FDI, says Modi

Will remove all roadblocks to attract FDI, says Modi

Rediff.com   30 Aug 2014

Prime Minister Narendra Modi on Friday said his government has carried out major reforms -- including labour reforms and reforms in insurance and defence sectors -- 'in less than 100 days' and stopped reversals Indian economy had been facing.

Sun-Ranbaxy deal stirs monopoly concerns: CCI

Sun-Ranbaxy deal stirs monopoly concerns: CCI

Rediff.com   30 Aug 2014

Competition watchdog says 'high market concentration' in some segments a worry.

Top automobile firms to invest Rs 11,500 crore in Maha

Top automobile firms to invest Rs 11,500 crore in Maha

Rediff.com   29 Aug 2014

These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.

Air India, BSNL websites to get dot Bharat suffix

Air India, BSNL websites to get dot Bharat suffix

Rediff.com   28 Aug 2014

Soon the websites of Air India, Delhi Tourism, Bharat Sanchar Nigam and Indian Railway Catering and Tourism will have the dot Bharat suffix.

Failed ATM withdrawals a concern: Ombudsman

Failed ATM withdrawals a concern: Ombudsman

Rediff.com   28 Aug 2014

Close to 29 per cent of all complaints received from customers is related to ATM, debit card and credit card payments

Air India's website crashes after Rs 100 fare offer

Air India's website crashes after Rs 100 fare offer

Rediff.com   27 Aug 2014

Tickets will be sold only through Air India website from August 27-31 and for travel during August 27-September 30.

SC coal verdict: Power majors stare at uncertain future

SC coal verdict: Power majors stare at uncertain future

Rediff.com   27 Aug 2014

Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.

3rd phase of Mumbai Metro may start in Dec

3rd phase of Mumbai Metro may start in Dec

Rediff.com   27 Aug 2014

On Tuesday, the state-run Mumbai Metropolitan Region Development Authority, the planning body, indicated that it expected to award the contract before December, which would pave the way to kick start construction in the same month.

Pune beats Mumbai, sees highest rise in property prices

Pune beats Mumbai, sees highest rise in property prices

Rediff.com   27 Aug 2014

It seems property in Pune have a better rate of capital value appreciation than other metro cities.

Infosys to detail strategy under Sikka by Oct

Infosys to detail strategy under Sikka by Oct

Rediff.com   27 Aug 2014

Vishal Sikka, the new chief executive officer, is in the process of internally discussing and finalising the future course of action, chief operating officer U B Pravin Rao said on Tuesday.

Make financial inclusion a national priority, Modi tells banks

Make financial inclusion a national priority, Modi tells banks

Rediff.com   26 Aug 2014

According to a PMO statement, Narendra Modi told banks this would be a source of immense satisfaction for them, and that he himself would recognise the achievements of the best performing branches.

Rajan cautions against debt waiver schemes

Rajan cautions against debt waiver schemes

Rediff.com   26 Aug 2014

In his address at a conference of state secretaries, Rajan stressed the need to strengthen state-level coordination committees by ensuring participation, conducting meetings more frequently and sharing quality information among all stakeholders, including state government agencies.

18 days, Rs 26-cr loss: That's AirAsia's India story!

18 days, Rs 26-cr loss: That's AirAsia's India story!

Rediff.com   26 Aug 2014

The losses are primarily because the venture operated only for 18 days in June, with only two flights.

Govt might exempt duty on solar import

Govt might exempt duty on solar import

Rediff.com   26 Aug 2014

The three-month deadline for the finance ministry to take a decision on the recommendations of the commerce ministry has ended this week.

SC stays compensatory tariff for Adani, Tata

SC stays compensatory tariff for Adani, Tata

Rediff.com   26 Aug 2014

Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)

Competition panel slaps Rs 2,545 cr fine on top carmakers

Competition panel slaps Rs 2,545 cr fine on top carmakers

Rediff.com   26 Aug 2014

The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.

RBI sees India Inc back in investment mode

RBI sees India Inc back in investment mode

Rediff.com   22 Aug 2014

The report said forward-looking surveys and economic indicators along with rising business confidence provided hope that the decline in private corporate investment 'could be arrested' in 2014-15 and fresh investments of over Rs 1.2 lakh crore (Rs 1.2 trillion) 'could be realised'.

Mallya's hold on United Breweries slips further

Mallya's hold on United Breweries slips further

Rediff.com   22 Aug 2014

UB Group Chairman Vijay Mallya's grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to them.

Fairness cream ads can't show dark skin as unattractive: ASCI

Fairness cream ads can't show dark skin as unattractive: ASCI

Rediff.com   21 Aug 2014

ASCI has released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark skin.

SpiceJet beats Jet Airways to bag No 2 rank

SpiceJet beats Jet Airways to bag No 2 rank

Rediff.com   21 Aug 2014

IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.