Facebook bought Tagtile The ex-IITians' start-up

NEW DELHI: Abheek Anand, 32, was feeling a tad sad during his Singapore Airlines flight from San Francisco, which landed here on Tuesday morning. That's because the IIT-Delh

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Apple Senior Vice President Phil Schiller dumps Instagram over expansion to Android

Twitter co-founder Jack Dorsey is not the only photo-loving business executive upset by Instagram in recent weeks. While Dorsey stopped posting photos from his Instagram aft

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US exporters face trade barriers in India

Despite India's ongoing economic reform efforts, US exporters continue to encounter tariff and non-tariff barriers that impede imports of Americans products to India, an off

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Payment remains a worry for oil exports to Pakistan

A technical group from India would be visiting Islamabad tentatively in the third week of April to work out the details of petroleum exports to Pakistan. This is the substan

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New Renault's Fluence diesel priced at Rs at Rs 15.2 lakh

Car maker Renault India launched a new diesel variant of its premium sedan 'Fluence' in the country, priced at Rs 15.2 lakh (ex-showroom, Delhi). "Fluence was the first off

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New norms ease foreign investment in commexes

  The government has tweaked foreign investment norms for commodity exchanges, non-banking finance companies, and foreign institutional investors. The new norms, announced

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PSUs wait out choppy markets before floats

A host of public sector firms, wary of riding into rough weather in the prevalent turbulent market conditions, are shying away from launching public offers even as the finan

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Car makers post highest monthly sales in March

Car makers, including Tata Motors, Mahindra & Mahindra and Toyota today posted record sales for the month of March on the back of customers advancing their purchases fea

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Sensex up 80 points on selective buying

The BSE benchmark Sensex today gained over 80 points in early trade on continued buying by funds as well as retail investors. The 30-share index, which had gained 345.59 po

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Kingfisher Airlines staff decided to withdraw their agitation threat'

The standoff between Kingfisher Airlines management and employees, agitating over delayed salaries, ended on Tuesday with the protestors accepting the assurance given by the

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Lakshmi Mittal tops Asian Rich List

NRI steel tycoon Lakshmi Mittal and his family continue to head the Asian Rich List-2012 despite their wealth coming down by 2 billion pounds at 13.5 billion pounds. This i

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'Facebook adding banks for IPO'

Facebook will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday. Deutsche Bank, Credit Suisse and

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Kingfisher to resume salary payment - Mallya

India's Kingfisher Airlines will resume payment of staff salaries starting from this week after tax authorities unfroze its bank accounts, the airline's chairman and managin

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Obama proposes tax on forex earnings to discourage outsourcing

Stepping up his tirade against outsourcing in the election-year, US President Barack Obama has proposed to establish a new minimum tax on foreign earnings to discourage large

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StanChart India profit falls 3% at $98 mn

Standard Chartered Bank India today reported three per cent decline in operating profit at USD 98 million for 2011, but said it is confident of resuming the growth path this

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FDI down 33% in Dec to $1.35 bn

Foreign direct investment (FDI) in India declined about 33 per cent to USD 1.35 billion (Rs 7,124 crore) in December 2011, over the same month in the previous year, an offic

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Yahoo sues Facebook for infringing 10 patents

Yahoo Inc sued Facebook Inc over 10 patents that include methods and systems for advertising on the Web, opening the first major legal battle among big technology companies

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Microsoft :H-1B visa staff crucial to US

  As IT companies in India and the US started filling petitions for the most coveted H-1B work visas, software giant Microsoft has stressed on importance of the visa in reta

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Govt tardy in approving proposals: Mittal

Steel magnate Lakshmi Mittal has expressed concerns over the Indian government's "slowness and tardiness" in giving approvals, especially to projects in the steel sector, bu

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Govt plans hallmarking of diamonds

India is planning to soon have a hallmarking mechanism for diamonds. Sources said that the government is thinking of certification of diamond like that for gold. The trigge

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Working Group rejects Plan panel’s rail tariff regulator

In what may leave the Planning Commission red-faced, the Working Group set up by the Commission has shot down the planning body’s suggestion for a tariff regulatory author

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Did builder sell you plot he doesn't own?

Here's a scam warning for those who have recently bought plots and apartments from private property developers. The dream home you own, or the plot on which you aim to buil

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Nifty recoups losses; Hindalco shoots up 5%

The market recouped its losses led by metals, technology, capital goods stocks and index heavyweight Reliance Industries. However, the fall in Bharti, ONGC and ICICI Bank ca

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Apollo Hospitals Q3 net up 41.12 pct

Apollo Hospitals Enterprise today said its net profit rose by 41.12 per cent to Rs 64.65 crore for the third quarter of 2011-12 year on robust growth across all business ver

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Food authority crackdown on ad claims

Multigrain noodles that claim to be healthier than the regular variety, digestive biscuits that help weight loss and drinks that make champions out of little children — cr

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India GDP growth seen picking up

India's economy is expected to pick up in the fiscal year starting on April 1 after growing at its slowest pace in three years in the current fiscal year, a government advis

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Kingfisher outlook dims on loan denial

State Bank of India (SBI), the country's top lender, has not extended further loans to debt-crippled Vijay Mallya-led Kingfisher Airlines, a bank official said, denying repo

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US upset over Iraq buying basmati from India

  US Congress members from the largest rice-growing states are on warpath, asking Iraq to resume buying US long-grain rice, instead of from India. "We liberated their count

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Kingfisher gets $163.5 mn in investment offers

  Kingfisher Airlines Ltd has received recapitalisation offers worth 8 billion rupees ($163.5 million) from two Indian investors, a report said on Saturday. The investors w

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Make it easier for businesses to grow: Murthy

  Ahead of the presentation of the Union budget, software icon N R Narayana Murthy today urged the government to make it easier for businesses to grow and foreign direct inv

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