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Export buoyancy mainly on sustained Auto, Pharma push

Export buoyancy mainly on sustained Auto, Pharma push

Last Updated: Wednesday, July 30, 2014, 23:01

In a scenario where exports posted positive growth for the third consecutive month of Fiscal 2014-15, traditional export-oriented manufacturing sectors like Auto and Pharma are the ones which are most likely to gain traction due to revival in export markets.

 Amazon to invest $2 bn in India; on track to hit $1 bn sales

Amazon to invest $2 bn in India; on track to hit $1 bn sales

Last Updated: Wednesday, July 30, 2014, 12:16

The US-based firm's announcement comes less than 24 hours after rival Flipkart announced raising a whopping USD 1 billion funding, the largest in the e-commerce space in India.

Pfizer earnings drop but results best expectations

Pfizer earnings drop but results best expectations

Last Updated: Tuesday, July 29, 2014, 18:20

US pharmaceutical giant Pfizer Tuesday reported a smaller drop in sales than expected as second-quarter earnings fell sharply due to a one-time gain last year.

Airlines to push for independent guidance on airspace safety after Ukraine crash

Last Updated: Tuesday, July 29, 2014, 07:22

Global airlines will push to get "neutral information" on whether to use or avoid airspace over conflict zones at Tuesday`s meeting of the U.N. aviation agency and other airline bodies, a European-based airline industry source said.

Textile policy to create 35 mn more jobs, $300 billion exports

Last Updated: Monday, July 28, 2014, 22:08

An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve USD 300 billion exports by 2024-25, and creation of additional 35 million jobs by attracting investments.

CII seeks PM's intervention over drug price fixing

Last Updated: Monday, July 28, 2014, 18:00

Industry chamber CII has sought Prime Minister Narendra Modi's intervention over "unilateral fixing" of drug prices by NPPA saying the exercise based on "an inequitable formula" has done collateral damage to indigenous industry.

Nissan quarterly profit soars on strong China demand

Last Updated: Monday, July 28, 2014, 17:35

Nissan said Monday that its latest quarterly net profit soared 37 percent to USD1.1 billion, as strong demand in China and other key overseas markets offset weaker sales at home.

Realty players coming up with key suggestions for smart cities

Last Updated: Friday, July 25, 2014, 19:35

The Indian real estate players are helping with their suggestions in framing policies for 100 smart cities in the country proposed by the new government.

Govt concessions to debt funds a partial relief: MF industry

Last Updated: Friday, July 25, 2014, 18:06

Mutual Fund industry on Friday termed as 'partial relief' the government's decision to exempt debt mutual funds sold between April 1 and July 10 this year from an increased tax rate.

Marginal relief to MFs; new tax rate effective from Jul 10

Last Updated: Friday, July 25, 2014, 17:34

In a small relief to the mutual fund industry, Finance Minister Arun Jaitley on Friday announced that the increased tax rate of 20 percent on debt MFs will not apply on units sold between April 1 and July 10.

Taiwan's Acer shipments grew faster than industry average in Q2: CEO

Last Updated: Friday, July 25, 2014, 14:03

Acer will report its second-quarter earnings in the coming weeks.

Biocon Q1 Net up 9% to Rs 103 crore

Last Updated: Friday, July 25, 2014, 13:38

Biotechnology major Biocon has reported nine percent increase in its consolidated net profit to Rs 103 crore for the quarter ended June 30.