R.s.market

Everything you need to know about R.s.market: news, reviews, in-depth analysis, opinion and more

Everything you need to know about R.s.market: news, reviews, in-depth analysis, opinion and more

PM to attend SEBI silver jubilee May 24

May 18, 2013 at 4:06 PM

Mumbai, May 18 (IANS) Prime Minister Manmohan Singh will attend the silver jubilee celebrations of market regulator Securities and Exchange Board of India (SEBI) here Friday, an official said here.

ITC Q4 net jumps 19.4 percent (Lead, changing dateline)

May 17, 2013 at 7:50 PM

Kolkata, May 17 (IANS) Cigarette-to-hotels conglomerate ITC Ltd Friday reported a 19.4 percent jump in its net profit to Rs.1,927.98 crore for the quarter ended March 31, 2013, from Rs.1,614.36 crore for the same period a year ago.

Apple and Amazon to restrict e-book market using EPUB3 standard

May 17, 2013 at 5:10 PM

Berlin, May 17 (ANI): Amazon and Apple will enclose their e-book formats in the proprietary e-book formats as they currently use formats incompatible with the formats most independent retailers use at their e-book stores, a recent study has revealed.

Fujitsu introduces high level cloud computing based services

May 17, 2013 at 5:10 PM

Tokyo, May 17 (ANI): Fujitsu, one of Japan's leading global brands offering IT products and services, launched new services based on cloud computing at the Fujitsu annual forum in Tokyo.

Singapore's export performance improves

May 17, 2013 at 2:14 PM

Singapore, May 17 (IANS) Singapore's non-oil domestic exports, a key gauge of the trade hub's export performance, fell by 1 percent year-on-year in April, trade promotion agency International Enterprise Singapore said Friday.

Angry Birds movie to release in 2016 (With Image)

May 16, 2013 at 3:58 PM

Los Angeles, May 16 (IANS) An animated 3D comedy inspired by popular game Angry Birds is in the making and the makers plan to release it July 1, 2016.

Mercedes launches new GL Class luxury SUV

May 16, 2013 at 3:34 PM

New Delhi, May 16 (IANS) German automobile major Mercedes-Benz Thursday launched an all-new luxury SUV (Sports Utility Vehicles) at Rs.77.5 lakh (ex-showroom, Delhi).

Indian IT infrastructure to increase expenditure by 10 percent rise to $2.1 billion this year

May 16, 2013 at 2:46 PM

New Delhi, May 16 (ANI): The Indian IT infrastructure market including server, storage and networking equipments is expected to increase its spend by ten percent making the market rise to 2.1 billion dollars this year.

Woman gets death for 'illegal' fund-raising in China

May 16, 2013 at 7:50 AM

Beijing, May 16 (IANS) A 39-year-old businesswoman has been sentenced to death by a court in China for "illegal fund-raising".

Go sassy with floral innerwear

May 15, 2013 at 7:42 PM

New Delhi, May 15 (IANS) Affordable innerwear for women with floral prints, stylish cuts and net inserts are some of the designs lingerie designers are experimenting with nowadays.

German naval wares major Atlas sets up Indian subsidiary

May 15, 2013 at 6:14 PM

New Delhi, May 15 (IANS) Germany-based Atlas Elektronix, a leader in naval electronics, has set up a subsidiary here to intensify its partnership with India's government-run institutions and also initiate and expand existing ventures with domestic firms.

Return of US dollar, end of gold run (Comment)

May 15, 2013 at 3:42 PM

Mark Twain once said that a gold miner is a liar standing next to a hole dug up in the ground. The time has come for financial market participants to stop looking at the world through the prism of a goldbug.

China has world's largest new media market

May 15, 2013 at 1:26 PM

Beijing, May 15 (IANS) China has the world's largest new media market, highlighted by the country's growing Internet penetration and a vibrant range of new media applications.

BBM chat app now on iOS and Android

May 15, 2013 at 1:18 PM

London, May 15 (ANI): Blackberry has announced that it will make its once popular BBM service available on other platforms like Apple's iOS and Google's Android.

Microsoft Windows 8 update for free later this year

May 15, 2013 at 12:30 PM

Washington, May 15 (ANI): Microsoft has announced that it will offer the update to its latest version of Windows 8 later this year for free. The latest OS has not been able to strike a hit with the users.

Blackberry launches low cost slim and sleek Q5

May 15, 2013 at 12:30 PM

Washington, May 15 (ANI): Blackberry unveiled its new slim and sleek low priced Q5 and has decided to offer its popular messenger service on other platforms like Android and Apple free of cost.

Unlike India, China not helping Nigeria stop fake drugs'

May 15, 2013 at 10:54 AM

Accra, May 15 (IANS) Unlike India, China is not assisting in the fight against counterfeit medicines even though the influx has been mainly from that country, Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) says.

'Soodhu Kavvum', 'Sukumarudu' disappoint in overseas market

May 14, 2013 at 7:18 PM

Chennai, May 14 (IANS) Despite good opening in the domestic market, Tamil crime-comedy "Soodhu Kavvum" and Telugu romantic-drama "Sukumarudu" have failed to keep the cash registers ringing in the overseas market.

French govt. to introduce tax on smartphones and tablets to fund culture

May 14, 2013 at 4:46 PM

London, May 14 (ANI): The French Government is planning to introduce one percent tax on the sale of smartphones and tablets in order to fund its culture of music and films.

Soon, solar panels as cheap as paint

May 14, 2013 at 3:18 PM

Washington, May 14 (ANI): The cost to manufacture, install and maintain solar panels is so high that most people and businesses cannot afford to place them on their rooftops.

NSE sees 14 percent more gold ETF trade this Akshaya Tritiya

May 13, 2013 at 9:58 PM

Kolkata, May 13 (IANS) The National Stock Exchange (NSE) Monday said it recorded a traded value of Rs.691 crore in gold exchange traded funds (ETFs) this Akshaya Tritiya, up by nearly 14 percent compared to last year.

There will be more mobile phones than people by 2014: ITU

May 13, 2013 at 5:34 PM

New Delhi, May 13 (IANS) As global mobile-cellular penetration approaches 100 percent, by 2014, there will be more mobile phones than people on earth, says the International Telecommunications Union (ITU).

iPhone losing battle against 'smarter' smart phones

May 13, 2013 at 5:26 PM

Washington, May 13 (ANI): A report by an independent technology focused analyst house Catalys, has claimed that Apple's iPhone is losing market space to other smart phone manufacturers.

Male nurses in high demand in China

May 13, 2013 at 10:46 AM

Beijing, May 13 (IANS) China is witnessing a big demand for male nurses who presently represent less than one percent of the total nursing population.

People ignore own moral standards to maximize benefit from markets

May 11, 2013 at 3:34 PM

Berlin, May 11 (ANI): According to research from a German university, markets are responsible for reducing moral values of people.

People ignore own moral standards to maximize benefit from markets

May 11, 2013 at 2:30 PM

Berlin, May 11 (ANI): According to research from a German university, markets are responsible for reducing moral values of people.

Johnnie Walker makes Double Black permanent member of whisky line

May 11, 2013 at 12:30 PM

New York, May 11 (ANI): Johnnie Walker has added the robust, harder-to-find Double Black to its whisky family.

Revoke diesel price hike: Jayalalithaa

May 10, 2013 at 10:22 PM

Chennai, May 10 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Friday demanded revoking of the latest diesel price hike and the powers of the oil marketing companies to determine the fuel price.

Warehouse fire not to hit Nissan, Renault car production

May 10, 2013 at 7:58 PM

Chennai, May 10 (IANS) Production of cars at the Renault Nissan Automotive India Pvt Ltd (RNAIPL) will not be impacted due to the fire that gutted down the warehouse belonging to Yusen Logistics (India) Ltd, a senior official of Nissan Motor India Friday said.

'Yamla Pagla Deewana 2' to have Birmingham premiere

May 10, 2013 at 6:22 PM

Mumbai, May 10 (IANS) The makers of "Yamla Pagla Deewana 2" have decided to have a premiere of the comedy film in Birmingham, Britain, where the entire movie was shot.

Ashok Leyland to launch three vehicles, invest Rs.600 crore in 2013-14

May 10, 2013 at 5:50 PM

Chennai, May 10 (IANS) Commercial vehicle major Ashok Leyland Ltd will be launching three new vehicles, including a passenger carrier, and investing around Rs.600 crore this year while rejigging its organisational structure in line with its mission to be one of the top 10 truck-makers and top five bus-makers in the world, said a top company official.

Ghana to restructure capital market to spur growth

May 10, 2013 at 12:54 PM

Accra, May 10 (IANS) Ghana is ready to restructure its capital market to spur economic growth, Finance Minister Seth Terkper said here.

Nokia unveils $99 smartphone in bid to revive struggling firm

May 10, 2013 at 11:18 AM

Sydney, May 10 (ANI): Nokia has launched low-priced phones with Internet capability to help it regain lost ground in crucial emerging markets.

Government sets up inter-ministerial panel on aviation hubs

May 9, 2013 at 9:18 PM

New Delhi, May 9 (IANS) The Union cabinet Thursday approved the setting up of an inter-ministerial group (IMG) for the development of aviation hubs in the country.

China raises petrol, diesel prices

May 9, 2013 at 6:08 PM

Beijing, May 9 (IANS) China will hike petrol and diesel retail prices by 95 yuan (around $15) per tonne starting Friday, the country's top economic planner said Thursday.

GM confident of double-digit share in MPV segment

May 9, 2013 at 5:44 PM

Kolkata, May 9 (IANS) US auto giant General Motors (GM) is confident of securing a "healthy double-digit" market share of India's fast growing multi-purpose vehicle (MPV) segment with the launch of Enjoy, a top company executive said Thursday.

Nokia unveils smartphone priced at $99

May 9, 2013 at 4:32 PM

New Delhi, May 9 (IANS) Nokia Thursday unveiled a new smartphone named Asha 501 priced at $99 (Rs.5,000), aiming to capitalise on the growing demands for low-cost smart device in the developing countries like India.

Plastic surgeons using social media to boost business

May 9, 2013 at 2:48 PM

Washington, May 9 (ANI): A new study looking at the use of social media among plastic surgeons found that roughly half of these specialists use social media tools.

Windows 8 correcting measure -Windows Blue, to launch in June

May 9, 2013 at 2:32 PM

Washington, May 9 (ANI): As the technology giant Microsoft deals with consumer complaints about the complex user interface of the latest Windows 8.1 OS, it will be releasing a public preview of the correcting measure called 'Windows Blue' to the OS in the month of June, reports BBC.

China's inflation rises

May 9, 2013 at 1:36 PM

Beijing, May 9 (IANS) China's consumer price index (CPI), a main gauge of inflation, grew 2.4 percent year on year in April, up from 2.1 percent in March, the National Bureau of Statistics (NBS) said Thursday.

China's producer price index falls

May 9, 2013 at 1:36 PM

Beijing, May 9 (IANS) China's producer price index (PPI), a barometer of future consumer inflation, fell 2.6 percent year on year in April, the National Bureau of Statistics said Thursday.

Coca-Cola vows to become calorie conscious, beat obesity

May 9, 2013 at 1:12 PM

London, May 9 (ANI): Coca-Cola is set to become more transparent about the calorie count displayed on the labels of its soft drinks and also implement steps to promote exercise in the light of growing health consciousness amongst consumers worldwide.

China's producer price index falls

May 9, 2013 at 12:57 PM

Beijing, May 9 (IANS) China's producer price index (PPI), which measures wholesale inflation, fell 2.6 percent year on year in April, the National Bureau of Statistics said Thursday.

Ermenegildo Zegna expands into African market

May 8, 2013 at 7:36 PM

New Delhi, May 8 (IANS) Italian luxury brand Ermenegildo Zegna is all set to expand themselves in the African market with their store in Lagos, Nigeria. They currently retails from Egypt and Morocco.

Servion Global Solutions mulls offering solutions on the cloud

May 8, 2013 at 6:33 PM

Chennai, May 8 (IANS) City-based Servion Global Solutions is mulling plans to offer customer interaction management solutions on cloud computing basis, look at large managed services deals and also focus on the European market with Britain as its hub, said a top company official.

Mango business booming in Thiruvananthapuram

May 8, 2013 at 6:08 PM

Thiruvananthapuram, May 8 (ANI): Visitors from across the country thronged in for the festival of the summer fruit, mango in Thiruvananthapuram, with more than 30 types of mangoes available on sale at an affordable price.

South Korea to unveil measures to boost venture companies

May 8, 2013 at 3:52 PM

Seoul, May 8 (IANS) South Korea planned to unveil a set of measures to boost venture companies in a bid to help them create jobs and bolster economic growth, the nation's top economic policymaker said Wednesday.

GM to build factory in China

May 8, 2013 at 1:04 PM

Chicago, May 8 (IANS) General Motors has been given green light by China to build a $1.3 billion factory in Shanghai, the automaker said.

US consumer credit goes up

May 8, 2013 at 12:48 PM

Washington, May 8 (IANS) US consumer credit increased at an annual rate of 3.4 percent in March, less than half of the 8 percent pace in the previous month, the US Federal Reserve reported.

Minor arrested with drugs in Goa

May 7, 2013 at 9:29 PM

Panaji, May 7 (IANS) Anti-narcotics sleuths Tuesday arrested a minor boy and seized from him nearly half a kilogram of hashish (charas) worth Rs.70,000 in the international market.

Google-owned Motorola Mobility abuses German position, files patent injunction on Apple

May 7, 2013 at 4:48 PM

London, May 7 (ANI): In yet another patent dispute, Google-owned Motorola Mobility has reportedly abused its position in the German mobile market by not allowing Apple to enter in a fair and non-discriminatory agreement.

Saudi Arabia not to extend three-month grace period for illegal expatriates

May 7, 2013 at 3:44 PM

Manama, May 7 (ANI): Saudi Arabia's interior ministry has asked foreigners staying illegally in the country to take advantage of the three-month grace period to regularise their situation.

Amazon beats Google, Apple with paid-for Android apps in China

May 7, 2013 at 11:53 AM

London, May 7 (ANI): Amazon has launched its first ever paid-for Android apps in China, beating Google, which has offered only free apps. This move is considered as Amazon's strategy to delve deep into the Chinese mobile phone market where it had controlled less than three percent of the e-commerce market till last year, the BBC reports.

BSE to offer courses in UAE to help boost financial market

May 6, 2013 at 6:25 PM

Abu Dhabi/Mumbai, May 6 (IANS) BSE Institute, a wholly-owned subsidiary of Bombay Stock Exchange (BSE), Monday signed a memorandum of understanding with IBMC Financial Professionals Group of the United Arab Emirates to offer knowledge and skills to professionals and investors, and support the growth of financial markets in that region.

Lance Bass feels someone in One Direction is gay

May 6, 2013 at 4:16 PM

Los Angeles, May 6 (IANS) Lance Bass, member of American band 'N Sync, thinks that one of the band members of One Direction is not straight.

Gunmen kill 10 in northern Nigeria attacks

May 6, 2013 at 4:00 PM

Yola, May 6 (Xinhua-ANI): At least 10 people were killed in attacks on a market and a church in northeastern Nigeria, police reported on Monday.

US firm to invest $240mn to light up Bihar's Buddhist sites

May 6, 2013 at 1:44 PM

Washington, May 6 (IANS) A power venture formed by Indian and North American energy professionals plans to create a role model for the world by lighting up famed Buddhist sites in Bihar with a $240 million (Rs. 13 billion) solar energy project as part of a corporate social responsibility initiative.

Rupee rises by 14 paise to 53.80 against dollar

May 6, 2013 at 12:04 PM

Mumbai, May 6 (ANI): The rupee rose by 14 paise to 53.80 against the dollar in early trade at the Interbank Foreign Exchange on Monday on fresh selling of the U.S. currency by exporters, amid sustained foreign capital inflows.

MJ's family keen to buy back Neverland Ranch

May 5, 2013 at 2:52 PM

London, May 05 (ANI): Michael Jackson's family is looking forward to buy back Neverland Ranch, where the late singer lived for 20 years and raised his three children.

Now a Shariah Index for financial inclusion of Indian Muslims (Comment)

May 5, 2013 at 1:00 PM

Followers of Islam, the second largest faith in the world with an estimated 1.7 billion believers, can now be surer when an Indian firm stands the pre-requisites for observant Muslims. The Shariah index launched by the Bombay Stock Exchange (BSE) is a new measure in town, assuring compliance with the Islamic canonical law.

Apple gains ground in US smartphone market

May 4, 2013 at 3:40 PM

Sydney, May 4 (ANI): Apple has gained ground in the US smartphone market, industry tracker comScore has said.

Wall Street sets new milestones on encouraging payrolls report

May 4, 2013 at 10:36 AM

Beijing, May 4 (Xinhua-ANI): U.S. stocks continued to rally on Friday, with the S and P 500 closing above the 1,600 milestone level and the Dow hitting 15,000 points for the first time in history, boosted by optimistic U.S. nonfarm payrolls report in April.

Gehlot lays foundation stone of equipment making plant

May 3, 2013 at 9:16 PM

Jaipur, May 3 (IANS) Rajasthan Chief Minister Ashok Gehlot laid the foundation stone for JCB India's fourth construction equipment manufacturing plant at here Friday.

Microsoft app 'Switch to Windows Phone' available to Android users on Google Play Store

May 3, 2013 at 2:52 PM

Washington, May 3 (ANI): Microsoft has created an application named 'Switch to Windows Phone' on the Google Play Store available on all Android phones.

Hike in tablet sales following Blackberry prediction of dead market

May 3, 2013 at 12:44 PM

London, May 3 (ANI): Tablet computer sales have risen since the first quarter of 2013 and witnessed a growth of 142.4 percent in sales as compared to the same time last year, according to an analysis by the International Data Corporation (IDC).

Glencore, Xstrata complete merger

May 3, 2013 at 11:32 AM

Geneva, May 3 (IANS/EFE) Commodities trading house Glencore and mining group Xstrata have completed their long-awaited merger, creating one of the most powerful companies in the raw materials sector.

IOC raises Rs.1700 crore through bonds

May 2, 2013 at 8:04 PM

New Delhi, May 2 (IANS) State-run Indian Oil Corp (IOC) Thursday said it has raised Rs.1,700 crore from the domestic bond market to meet working capital requirements.

Saudi Arabia to ban males from working in women-related product shops

May 2, 2013 at 3:48 PM

Riyadh, May 2 (Xinhua-ANI): Saudi Arabia planned to adopt a decision, which bans males from working in women-related product shops in order to encourage more females to get jobs, the Al Riyadh newspaper reported Thursday.

YVS Chowdary to direct two sequels to his hit films

May 2, 2013 at 3:08 PM

Chennai, May 2 (IANS) Telugu filmmaker YVS Chowdary, who is awaiting the release of his directorial venture "Rey", is keen to direct sequels to two of his Telugu hits -- "Lahiri Lahiri Lahirilo" and "Seethayya" -- over the next two years.

Mozilla blames software surveillance agency as 'hijackers' of Firefox

May 2, 2013 at 2:04 PM

Washington, May 2 (ANI): The Mozilla Foundation, which provides internet's most popular browser, Firefox, has alleged that surveillance software company Gamma International Ltd. has hijacked the Firefox brand to secretly sell their electronic espionage products.

Nun's religious board game is a big hit in Spain

May 2, 2013 at 11:32 AM

Cuenca (Spain), May 2 (IANS/EFE) A board game created by a nun in Cuenca that tests players' knowledge about Jesus is hitting it big in Spain and will also be marketed in the Americas.

SC dismisses challenge to FDI in multi-brand retail

May 1, 2013 at 7:24 PM

New Delhi, May 1 (IANS) "Consumer is the king", the Supreme Court said Wednesday upholding the government's policy of allowing foreign direct investment (FDI) in multi-brand retail, holding that it did not suffer from any constitutional infirmity.

Interest rate, diesel dereglation affect automobile sales (Roundup)

May 1, 2013 at 7:00 PM

New Delhi/Chennai, May 1 (IANS) The Indian automobile industry reported lacklustre sales for the month of April due to sluggish market condition, high interest rate and diesel price de-regulation.

Herbal clothing range from Jatinn Kochhar

May 1, 2013 at 6:04 PM

New Delhi, May 1 (IANS) A clothing line with healing benefits in summer sounds like an interesting idea and fashion designer Jatinn Kochhar has brought it to the market with his new range - Tatha Vastram.

Toyota car sales down, Honda two-heeler zooms fast

May 1, 2013 at 5:48 PM

Chennai, May 1 (IANS) Japanese-Indian car joint venture Toyota Kirloskar Motor Pvt. Ltd. logged domestic sales of 9,007 units last month as compared to 14,378 units sold in April 2012.

Investment of over USD 12 billion planned for airports: Ajit Singh

May 1, 2013 at 3:48 PM

Dubai, May 1 (ANI): Union Civil Aviation Minister Ajit Singh on Wednesday said recent initiatives and measures taken by the government, would give a boost to civil aviation in India.

New Microsoft Windows phone ad pokes fun at Apple-Samsung brawl

May 1, 2013 at 1:48 PM

Washington, May. 1 (AN): Microsoft's Windows phone has launched a new advertisement poking fun at the ongoing fight between Samsung and Apple.

Maruti Suzuki sales fall three percent in April

May 1, 2013 at 1:32 PM

Chennai, May 1 (IANS) Indian car market leader Maruti Suzuki India Ltd closed last month with three percent lower sales compared to what it sold in April 2012, the company announced Wednesday.

Economics influence birth rates more than other factors

May 1, 2013 at 12:12 PM

Washington, May 1(ANI): Economic changes have the greatest impact on reducing family size, and thus slowing population growth, compared to other factors, according to a recent study by a University of Missouri anthropologist.

Bosch sales drop in a weak first quarter of 2013

April 30, 2013 at 9:40 PM

Bangalore, April 30 (IANS) Automotive and industrial major Bosch Ltd reported 3.4 percent drop year-on-year (YoY) in net sales and income in first quarter (January-March) of this calendar year 2013 to Rs.2190 crore over same period of 2012.

Bikaner villagers protest minor's rape

April 30, 2013 at 8:04 PM

Jaipur, April 30 (IANS) Villagers in Rajasthan's Bikaner district Tuesday protested the rape of a 15-year-old girl in her school bus at gun point four days ago.

No proposal to introduce new TB drug: Government

April 30, 2013 at 5:00 PM

New Delhi, April 30 (IANS) There is no proposal to introduce TB drug Bedaquiline in the Indian market, parliament was told Tuesday.

Over 2,000 state firms shifted to private sector in Cuba

April 30, 2013 at 12:04 PM

Havana, April 30 (IANS/EFE) The Cuban government has leased more than 2,000 small businesses to their old employees, who have increased the firms' income and the quality of the services provided.

Apple lays groundwork for first-ever debt issue

April 30, 2013 at 11:48 AM

Sydney, Apr. 30 (ANI): Apple has moved towards its first-ever debt issue and is filing documents describing plans for bond sales, which would be used to pay dividends in an effort to stem its stock slide.

Wall Street rally sends S andP to record high and Nasdaq to 12.5-year high

April 30, 2013 at 10:28 AM

Washington, Apr. 30 (Xinhua-ANI): U.S. stocks rose on Monday, with the S andP 500 closing at a record high and the Nasdaq ending at a high not seen November 2000, boosted by upbeat housing data and climbing tech shares.

21 killed, 78 wounded in Iraq attacks

April 30, 2013 at 7:32 AM

Baghdad, April 30 (IANS) At least 21 people were killed and 78 injured in attacks across Iraq Monday, mostly in the Shiite provinces, an interior ministry source said.

Manjilas Group targets Tamil Nadu's rice sevai market

April 29, 2013 at 11:08 PM

Chennai, April 29 (IANS) Kerala-based Rs.200-crore food products Manjilas Group is targeting a 10 percent market share in Tamil Nadu's rice sevai packet market in couple of years, a company official said.

CII for early conclusion with adequate safeguard for sensitive sectors

April 29, 2013 at 9:00 PM

New Delhi, Apr. 29 (ANI): Confederation of Indian Industry (CII) has called for a balanced outcome from the ongoing EU-India Bilateral Trade and Investment Agreement (BTIA) negotiations.

Exide Q4 net rises 3 percent

April 29, 2013 at 4:36 PM

Kolkata, April 29 (IANS) Exide Industries, the country's biggest storage battery producing company, Monday reported a meagre 2.76 percent rise in its net profit to Rs.146.46 crore for the quarter ended March 31, 2013 compared to Rs.142.52 crore for the same period a year ago.

Hindustan Unilever profit rises 41 percent in 2012-13

April 29, 2013 at 3:24 PM

Mumbai, April 29 (IANS) Hindustan Unilever, India's largest manufacturer of consumer goods and household products, Monday said its net profit increased 41 percent to Rs.3,796.67 crore for the year ended March 31.

Goa eyes floating hotels, amphibian planes

April 29, 2013 at 2:04 PM

Panaji, April 29 (IANS) Heli-tourism isn't the only innovation Goa tourism officials are working actively on. Amphibian planes and floating hotels too are being planned to woo vacationers.

Three car bomb attacks leave 8 dead, 50 wounded in southern Iraq

April 29, 2013 at 1:48 PM

Beijing, Apr. 29 (Xinhua-ANI): At least eight people were killed and 50 others injured when three car bomb attacks hit two cities in southern Iraq on Monday, an interior ministry source said.

The Chocolate Beetle: Heaven on earth for chocolate lovers

April 28, 2013 at 1:32 PM

New Delhi, April 28 (IANS) Heavenly is the word to describe the experience at The Chocolate Beetle, a chocolate store in the capital named after the vintage Beetle car. Those with a sweet tooth will certainly go crazy after seeing the display of chocolates here.

SC tells SEBI to deal sternly with firms indulging in manipulative, deceptive practices

April 28, 2013 at 9:32 AM

New Delhi, April 28 (ANI): The Supreme Court has asked market regulator, the Securities and Exchange Board of India (SEBI), to deal sternly with firms indulging in manipulative and deceptive practices.

Be firm with those harming securities market's integrity, SC tells SEBI

April 27, 2013 at 10:20 PM

New Delhi, April 27 (IANS) The Securities and Exchange Board of India (SEBI) would be failing in its duty to promote healthy growth of the markets and protect its integrity if it was not stern in dealing with companies and directors indulging in abuse of the market and insider trading, the Supreme Court has said.

China may not harm its big stake in Indian market: Assocham

April 27, 2013 at 5:48 PM

New Delhi, April 27 (IANS) China has a big stake in India's growing market which it would be reluctant to harm industry body Assocham has said.

Mechanism should decide states losses due to GST: Modi

April 27, 2013 at 4:44 PM

Kolkata, April 27 (IANS) Sushil Kumar Modi, chairman of the empowered committee of state finance ministers on implementing the goods and services tax (GST), Saturday called for an "independent mechanism" to decide the compensation for losses that states would incur after the new indirect tax regime is enforced.

Smartphones outshine 'dumbphones' worldwide for first time

April 27, 2013 at 1:00 PM

Washington, Apr. 27 (ANI): The sale of smartphones has significantly gone up and over shadowed the feature phones (dumbphones) during the last quarter worldwide.

U.S. seeking to invest in Myanmar, boost trade

April 27, 2013 at 12:28 PM

Beijing, Apr. 27 (Xinhua-ANI): The U.S. government was seeking ways and means to make investment in Myanmar, prioritizing the sectors that could bring improvement in daily of ordinary people, Acting U.S. Trade Representative Demetrios Marantis was quoted by local media as saying on Saturday.

Smartphones outgrow average pants pocket

April 26, 2013 at 5:11 PM

Washington, Apr. 26 (ANI): Smartphones have been supersized, growing in length and girth.