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Jaquar Group takes over sanitary ware manufacturing plant for INR 100 Crores

Jaquar Group plans to further invest over INR 75-80 Crores into the plant, within next one year, as part of modernization and upgradation in process, technology and

April 26, 2017  |  comments ( 0 )  | 

Tata Motors achieves No.1 position in the domestic bus market

Tata officials attributed its strong comeback in the bus segment to good traction in both SRTUs (state road transport undertakings) and private market businesses.

April 20, 2017  |  comments ( 0 )  | 

Textile ministry to create a brand of Indian handmade carpets

The textile ministry has begun efforts aimed at creating a brand for Indian handmade carpets along the lines of Australia’s Woolmark, which is a guarantee of the

April 18, 2017  |  comments ( 0 )  | 

Lenovo-Motorola looks to make fresh investments in India

Current benefit for 'Make in India' products is roughly 12.5% (lower duty) when compared to sourcing the same from overseas.

April 06, 2017  |  comments ( 0 )  | 

Amazon launches innovation centre in China to provide technical support to startups

Licang District government in Qingdao has joined hands with Vancoo Commerce Internet Industry (Qingdao) Company Limited, a private local firm, on a one billion Yuan fund

March 30, 2017  |  comments ( 0 )  | 

Walmart to open 50 stores in UP and Uttarakhand in next 3-4 years

Walmart is looking at two more stores in Lucknow in addition to Ghaziabad, Noida, Kanpur, Allahabad, Haridwar, Dehradun and Haldwani.

March 27, 2017  |  comments ( 0 )  | 

Cisco hands over its first Made-in-India product

The new product is among the most popular in Cisco's core switching portfolio globally.

March 24, 2017  |  comments ( 0 )  | 

Apple to start making iPhone 6 and 6S models in India

An Apple spokeswoman said, "We've been working hard to develop our operations in India. We appreciate the constructive and open dialogue we've had with government about

March 24, 2017  |  comments ( 0 )  | 

Government works on quicker exit for startups

Ramesh Abhishek, DIPP secretary said, "We want to ensure that startups have access to debt and equity to grow. Various measures are being discussed."

March 21, 2017  |  comments ( 0 )  | 

E-business of D-Mart expects to reach USD 700 billion by 2020

D-Mart wants to utilise Rs 10,800.00 million of the net proceeds towards repayment of the term loans and redemption of NCD’s availed by the company.

March 15, 2017  |  comments ( 0 )  | 

Reliance Jio and Paytm apologise for using PM Modi's photograph in advertisements

The two companies used the photograph of the Prime Minister in their respective full page advertisements contravening the 'prior permission' stipulated under the Act, he

March 14, 2017  |  comments ( 0 )  | 

GeM to end corruption, made compulsory for all departments to streamline government procurement

GeM was launched by the commerce ministry last year for online purchase of goods and services by various central government ministries and departments.

March 09, 2017  |  comments ( 0 )  | 

De Beers sells rough diamonds of worth USD545 million in the second sale cycle

De Beers prices firmed by about 1 percent on average, sight holders estimated, while premiums decreased for most categories on the dealer market.

March 02, 2017  |  comments ( 0 )  | 

Industry experts predict new opportunities for digital payment companies in FY17-18

Merchant discount rate, or MDR, is the fee levied on merchants for availing card-payment services. Often, merchants pass on this charge to customers.

February 28, 2017  |  comments ( 0 )  | 

LG Electronics to introduce more India-specific products

LG Electronics will introduce more India-specific products from now on rather than replicating globally successful models in the country.

February 24, 2017  |  comments ( 0 )  |