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Business News

For BlackBerry, it is globalisation abroad and protectionism at home


Toronto, Aug 6 (IANS) Preaching globalization abroad and protectionism at home. That seems to be the mantra of Canadian corporates. BlackBerry maker Rese...More

Sensex plunges 390 points


Mumbai, Aug 6 (IANS) Indian equities markets plunged into the red Thursday, with a key index closing trade almost 390 points lower than its previous close. ...More

Drought fear deepens in Bihar as rainfall 43 percent less


Patna, Aug 6 (IANS) The Bihar government is considering declaring at least 12 districts drought-hit as the state has recorded 43 percent deficit in rainfall this season. ...More


Sensex down 237 points in afternoon trade


Mumbai, Aug 6 (IANS) Indian equities markets were ruling in the red Thursday afternoon with a key index trading 237 points lower than its previous close. ...More

Tata Teleservices launches GSM services in Maharashtra


Mumbai, Aug 6 (IANS) Tata Teleservices Maharashtra Thursday launched its GSM services under the Tata Docomo brand across the state. The company has inves...More

Mizoram bans Chinese chocolates


Aizawl, Aug 6 (IANS) The Mizoram government has banned chocolates and chocolate products from China claiming these contained harmful ingredients, an official release said here Thu...More


Probe ordered into Chandigarh's 'bed and breakfast' scheme


Chandigarh, Aug 6 (IANS) The 'bed and breakfast' scheme of the Chandigarh administration has come under the scanner of a high-level inquiry in the wake of alleged violations of ru...More

Government to release Rs.2,546 crore for textile sector


New Delhi, Aug 6 (IANS) The government Thursday said it will release a subsidy of Rs.2,546 crore ($535 million) for the crisis-hit textile sector, which will directly reach the be...More

Bad apple harvest spells windfall for Himachal farmers


Shimla, Aug 6 (IANS) Poor rainfall this monsoon and poorer snowfall last winter have hit apple production in Himachal Pradesh. But the farmers are not complaining, as the fruit's ...More

Bangalore firm plans retail chain for farm machinery


Bangalore, Aug 6 (IANS) Agri-tech firm Ratnagiri Impex will set up a retail chain in rural India to market farming machinery such as sprayers, a top company official said. ...More

'India's tech revolution led by men and women under 27'


Washington, Aug 6 (IANS) Saying that the US needs to wake up to the reality of India's technological revolution being led by IIT-educated 'young men and women under the age of 27'...More

Indian bank employees go on two-day strike


New Delhi, Aug 6 (IANS) Nearly one million bank employees in India, including some with private and foreign banks, went on a two-day nationwide strike Thursday demanding higher wa...More

Jharkhand wants Rs.400 crore drought package


Ranchi, Aug 6 (IANS) The Jharkhand government will seek a relief package of about Rs.400 crore from the central government since all districts have been declared drought-hit, offi...More

Goa to close mines near wildlife sanctuaries


Panaji, Aug 6 (IANS) All mines located near wildlife sanctuaries in Goa will be closed within seven days, Goa Environment Minister Aleixo Sequeira said here Thursday. ...More

Punj Lloyd to raise Rs.670.18 crore


Mumbai, Aug 6 (IANS) Engineering and construction major Punj Lloyd Thursday said it will raise Rs.670.18 crore through private placement of securities or via qualified institution...More

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