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Online shopping to exceed more than double by 2016

Online shopping to exceed more than double by 2016

Online shopping by urban consumers will more than double over the next two years in the country to 14 per cent from 6 per cent last year, says a Boston…

Infosys Loses Another Top Executive as K Murali Krishna Quits

Infosys Loses Another Top Executive as K Murali Krishna Quits

In the first top-level exit at Infosys after Vishal Sikka was named as its chief executive, K Murali Krishna, senior vice resident and group head of the IT firm’s computers…

Will play active role in making India strategic biz hub, says Cisco

Will play active role in making India strategic biz hub, says Cisco

Networking solutions giant Cisco today said that it was looking forward to play an active role in enabling digitisation of Indian economy and developing the country as a strategic business…

Ranbaxy gets FDA nod to sell generic Diovan tablets in U.S

Ranbaxy gets FDA nod to sell generic Diovan tablets in U.S

Drug major, Ranbaxy Laboratories has received the U.S. health regulator’s approval to market a generic version of Novartis’ Diovan tablets, used for treating high blood pressure and heart failure, in…

Govt liberalises defence manufacturing; delicenses products

Govt liberalises defence manufacturing; delicenses products

In a major liberalisation, the government allowed manufacturing of several hundreds of equipment and products in the defence sector without licence. Manufacture of products such as sub-assemble items, components, castings,…

Unfair to expect gas price decision by govt: ONGC

Unfair to expect gas price decision by govt: ONGC

A day after the hike in natural gas prices was put off by three months, India’s largest gas producer ONGC said it was unfair to expect a decision on such…

Auto Industry deciding to take a break in June

Auto Industry deciding to take a break in June

Maruti Suzuki, the largest Indian carmaker, has shut its six plants across Gurgaon and Manesar for eight days in June, as a part of the scheduled bi-annual closure that would…

Modi ministry considers about hiking fuel rates

Modi ministry considers about hiking fuel rates

After the diesel, the ministry is thinking about raising cooking gas (LPG) and kerosene prices in small dozes of Rs.5 per cylinder and Rs.0.50-1.00 a litre every month to wipe…

Nissan India overtakes Maruti Suzuki in car export

Nissan India overtakes Maruti Suzuki in car export

Nissan Motor India oudid Maruti Suzuki to become the country’s 2nd largest car exporter with a 17% incline in shipments in 2013-14. Hyundai Motor India continues to retain the top…

SIAM asks Modi ministry to go for an economized excise duty on vehicles

SIAM asks Modi ministry to go for an economized excise duty on vehicles

In a list of sessions with the new ministers of the Modi-led ministry, auto industry body SIAM has sought to opt for an economized excise duty on vehicles, new foreign trade…