National and International Business, Trade and Commerce News http://www.indiavision.com/news/article/business/ http://blogs.law.harvard.edu/tech/rss IndiaVision.com News A total of 245 South Koreans were confirmed to have established paper companies in safe havens in a bid to avoid tax payment, an independent South Korean media said Wednesday. http://www.indiavision.com/news/article/business/424599/a-total-of-245-south-koreans-have-paper-companies/ Wed, 22 May 2013 08:05:00 GMT Microsoft unveiled a new Xbox console Tuesday that represents a major upgrade on the US-market-leading Xbox 360 model. http://www.indiavision.com/news/article/business/424597/microsoft-unveils-new-allinone-xbox-console/ Wed, 22 May 2013 08:04:00 GMT Brazilian aircraft manufacturer Embraer said Tuesday it reached a deal to sell 40 E175 passenger jets to US airline SkyWest for nearly $1.7 billion. http://www.indiavision.com/news/article/business/424590/brazils-embraer-to-sell-40-jets-to-us-airline/ Wed, 22 May 2013 07:48:00 GMT Mexican telecommunications giant America Movil says it has agreed to buy US mobile operator Start Wireless Group for an undisclosed amount. http://www.indiavision.com/news/article/business/424582/mexican-firm-to-acquire-us-wireless-operator/ Wed, 22 May 2013 07:39:00 GMT India needs to take sector-specific action and develop a mechanism to track the achievements in each area to achieve the goal of reducing carbon emissions, says a study conducted by WWF-India. The Indian government aims to reduce carbon emissions by 20-25 percent from the 2005 levels by 2020. http://www.indiavision.com/news/article/business/424575/sectorspecific-action-needed-to-cut-carbon-emissions/ Wed, 22 May 2013 07:30:00 GMT West Bengal Chief Minister Mamata Banerjee announced Tuesday that the government would ban online lottery "Online lotto". http://www.indiavision.com/news/article/business/424549/mamata-plans-to-ban-online-lottery/ Wed, 22 May 2013 06:43:00 GMT Works for the Rs.200-crore proposed integrated check post at Petrapole on the India-Bangladesh border are slow moving due to problems regarding land acquisition and obtaining clearances from different agencies, an official said Tuesday. http://www.indiavision.com/news/article/business/424539/slow-work-at-petrapole-check-post-official/ Wed, 22 May 2013 06:12:00 GMT Kolkata-based non-banking finance company Srei Infrastructure Finance Tuesday said its board has okayed to raise funds up to Rs.1,500 crore by public issue of debentures in one or more tranches this fiscal. http://www.indiavision.com/news/article/business/424536/srei-infra-to-raise-rs1500-crore-by-debentures/ Wed, 22 May 2013 06:10:00 GMT Over 125 jewellers from India and abroad will showcase their exclusive diamond and gold jewellery at the sixth edition of the Hyderabad Jewellery Pearl and Gem Fair (HJF) here June 7 to June 9. http://www.indiavision.com/news/article/business/424519/hyderabad-jewellery-fair-to-begin-june-7/ Wed, 22 May 2013 05:36:00 GMT  Israeli cultivation technology and know-how of fruit plants will be shared with Indian farmers and horticulturists at the centre of excellence for fruits which was inaugurated Tuesday in Haryana's Sirsa district. http://www.indiavision.com/news/article/business/424498/india-israel-set-up-fruits-centre-in-haryana/ Tue, 21 May 2013 01:54:00 GMT