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Adani’s Australia coal mine hits e...

Adani’s Australia coal mine hits environmental legal snag; court revo...

Sydney: An Australian court on Wednesday revoked the government’s environmental approval for one of the world’s biggest coal mines under construction in the Australian outback by Indian conglomerate Adani Mining. Environmentalists hailed the ruling against the controversial Carmichael... read more »

Yahoo buys social media site focused on ...

Yahoo buys social media site focused on shopping

Yahoo has once again gotten the urge to go shopping — and this time the internet company has acquired a social shopping site. Yahoo announced late on Friday that it had agreed to acquire Polyvore for an undisclosed price. Founded in 2007 by three former Yahoo engineers, Polyvore made a name for... read more »

Pressure rising on RBI to cut rate Tuesd...

Pressure rising on RBI to cut rate Tuesday

NEW DELHI: Pressure is mounting on RBI to cut interest rate in its third monetary policy review of this fiscal on Tuesday while experts are divided over the issue, saying high retail inflation may hold it back from doing so. Most bankers and experts believe that the possibility of an interest rate... read more »

SMS alerts for train delays, water vendi...

SMS alerts for train delays, water vending machines on anvil

NEW DELHI: SMS alerts to passengers on train delays and setting up of 4,615 water vending machines at a number of railway stations are among the new initiatives of the railways to improve facilities for passengers. Minister of state for railways Manoj Sinha, while replying to questions in the Lok... read more »

More from Business

Gold demand up 2% in Dec quarter, down 15% in 2014

MUMBAI, FEB 12: Gold demand in the December quarter was up two per cent at 223 tonnes, largely due to pent up demand from jewellers during the festival season on the back of drop in prices.... read more »

Reliance Capital Q3 net profit rises 28% at Rs 213 crore

Financial services major, Reliance Capital today reported 28 per cent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses. The... read more »

Flipkart to double value of goods sold as demand rises

Flipkart aims to double the total value of goods it sells to $8 billion this year, two people with knowledge of the plans said, as India’s largest online marketplace seeks to widen... read more »

Maruti Suzuki Net Jumps 18% to Rs 802 Crore in Q3

Maruti Suzuki, India’s largest car maker, reported an 18 per cent year-on-year (y-o-y) jump in its net profit to Rs 802 crore for the quarter ending December 31, 2014. Its net sales... read more »

Union Bank Of India Q3 profit falls 13%

Union Bank of India, a public sector bank in India, has posted a fall of 13.33% in net profit to Rs 3,024.20 million for the quarter ended December 31, 2014 as compared to Rs 3,489.40 million in the... read more »