Business

"I am not an expert in economics but I saw that urban intellectuals did not buy the idea of demonestisation, but a vast majority of rural Indians seemed to have welcomed it," Narayana Murthy said.

Bata India has about 1,200 stores across the country. Schmidt will on Wednesday pay a visit to the country's oldest manufacturing base for Bata India at Batanagar in south 24 Parganas district.

Tata Steel, Adani Ports, Tata Motors and Infosys were among the top gainers, rising up to 3 per cent.

During a recent UTC investors' call, Pratt & Whitney (P&W) President Robert F. Leduc said that the grounded aircraft belonging to IndiGo and GoAir over engine related safety concerns will be back in operation by April-end.

Commerce Secretary Rita Teaotia had said recently that the meeting would be more of an "ice-breaker" as it is being held after the collapse of talks at the Buenos Aires WTO Ministerial in December.

In India, the pharmaceutical business of Novartis India is focused on bone and pain, calcium portfolio, gynecology and neurosciences and the generics business is focused on gynecology, anti-TB and anti-infectives.

This was revealed by Mukesh Ambani, in his acceptance speech on Thursday after his oil-to-telecom conglomerate, Reliance Industries was presented with the 'Drivers of Change' award at the Financial Times ArcelorMittal Boldness in Business Awards.

Different investigating agencies, including CBI and Enforcement Directorate, are probing the fraud, dubbed as the biggest banking scam in the country. Both houses of Parliament have witnessed repeated disruptions over the issue.

In its Global Economic Outlook report, the US-based agency forecast Indian economy to clock a growth rate of 6.5 per cent this fiscal, a tad lower than official estimates by the Central Statistics Office (CSO) of 6.6 per cent. The economy grew 7.1 per cen...

The new alleged fraud of around Rs 9 crore involves officials of a little known company called Chandri Paper and Allied Products Pvt Ltd, the Central Bureau of Investigation said in the complaint posted on its website.

According to All India Gem and Jewellery Domestic Council's zonal Chairman Shankar Sen, there are around 500 hallmarking centres across the country at present and 70 per cent of these are located in metropolitan cities.

The decision of the US to hike import duties on steel and aluminium would not only impact India's export of these goods to America but also affect global trade, Biswajit Dhar, a professor of economics at Jawaharlal Nehru University, said.

The fine was imposed after RBI scrutinised the bank's documents relating to opening of accounts without any specific or clear consent from the customers.

Indian startups - Neewee and Eflight - were part of the five startups chosen a year back from the second season of the Airbus Bizlab technology acceleration programme, which attracted 137 applications from nine countries, a release issued by the European...

The regulator issued business improvement orders to Coincheck and six other exchanges, saying the seven exchanges lacked the proper and required internal control systems.

The brokerage warned that state-run banks, which are typically the largest investors in sovereign securities, could lose more than 200 billion rupees in the January-March quarter, due to a continued spike in bond yields and as they held more bonds than ar...