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SpiceJet rescue plan marks bold bet on Indian aviation recovery

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New Delhi: The co-founder of SpiceJet is leading a $240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industr

India has positive balance of trade with US, Britain


New Delhi: Top ten countries which imported more from India than exported to the country in 2013-14 include the US, Singapore, the UK and Bangladesh.

MTNL raises Rs 3,768.97 crore through bonds this fiscal: Government


New Delhi: State-run MTNL has so far raised Rs 3,768.97 crore through bonds in the current financial year, Parliament was informed.

Surat partners with Microsoft to become a smart city


Surat: Surat Municipal Corporation (SMC) and Microsoft India today announced their partnership to transform Surat into a smart city.

Economy to grow 5.5 per cent this fiscal: Government


New Delhi: India's GDP is expected to rise to 5.5 per cent in the current fiscal from 4.7 per cent last year on back of improving macro-economic situation, says the Finance Ministry's

Biz in 2014: Nokia exit brings Tamil Nadu back to drawing board


Chennai: It may have taken years for TamilNadu to emerge as a major industrial hub, but it's just one deadly blow served by global giant Nokia's exit that has sent it back to the draw

India ranks 93rd in Forbes' list of best nations for business

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Denmark topped Forbes' 9th annual ranking of the Best Countries for Business

GT Advanced Tech modifies bankruptcy deal with Apple

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Apple settles the sapphire manufacturing companies deal with $50 million

Coal India workers threaten five-day strike, stokes output worries


Workers are protesting government’s plans to sell off Coal India’s stakes

Dealers offer gold discount for first time in five months


Gold importers are offering a discount of $2 an ounce versus London prices

Market Wrap

Heads may roll at TCS

IT giant TCS on Friday said it is undertaking a performance-based workforce restructuring, but it is not a “retrenchment” exercise and the company may exceed its target of hiring 55,000 new profession

India’s retail sector is a potpourri of formats.

There was a news report not so long ago that ICRISAT (International Crops Research Institute for the Semi-Arid Tropics), an international organisation and part of the CGIAR (Consultative Group on Inte