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Domestic car sales decline 2.55% in Octo...

Domestic car sales decline 2.55% in October

NEW DELHI: Domestic passenger car sales declined 2.55 per cent to 1,59,036 units in October from 1,63,199 units in the year-ago month. Motorcycle sales last month also declined 8.73 per cent to 10,08,761 units from 11,05,269 units a year earlier, according to data released by the Society of Indian... read more »

Jayant Sinha Takes Charge as Minister of...

Jayant Sinha Takes Charge as Minister of State in Finance Ministry

Indian Institute of Technology (IIT-Delhi) and Harvard Business School alumnus Jayant Sinha today took charge as Minister of State in the Finance Ministry. Mr Sinha was briefed by senior officials in the Ministry soon after taking charge. He assumes office at a time when the ministry is preparing... read more »

J&J buys electrolyte drink Orsl for...

J&J buys electrolyte drink Orsl for Rs 750cr

BANGALORE: Johnson & Johnson (J&J) has acquired Orsl, an energy drink brand, for Rs 750 crore from city-based Jagdale Industries. Orsl, which has a few variants, is a fruit-based electrolyte drink, recommended by healthcare practitioners for illnesses related to digestion, pain, fever,... read more »

Don’t harrass taxpayers, I-T offic...

Don’t harrass taxpayers, I-T officials told

NEW DELHI: The Central Board of Direct Taxes on Friday issued 12 commandments to its field offices, asking them to stick to appointments, address grievances and avoid unnecessary harassment of taxpayers. In an effort to usher in a customer-friendly regime, officers have been asked to observe... read more »

More from Business

Nifty breaches 8,000-mark for first time; Sensex hits new peak

Continuing their record setting spree, the NSE Nifty breached the 8,000-mark for the first time ever and BSE Sensex logged a new peak of 26,812.69 in opening trade on Monday on the back of... read more »

Forex reserves down by $810.7 million

The country’s foreign exchange reserves declined by $810.7 million to $318.579 billion for the week ended August 22, on account of drop in foreign currency assets. Last week, the reserves... read more »

Diesel cars lose steam; Maruti, Hyundai sales zoom on petrol variants

Hyundai sales down 8% in August

Hyundai Motor India Ltd. (HMIL) on Monday reported 8 per cent decline in total sales at 48,111 units in August 2014. The company had sold 52,319 units in the same month last year, it said... read more »

Nokia’s HERE ties up with Samsung

Nokia-owned digital maps company HERE has tied up with Samsung. This will see the launch of the app on Android platform. And, it will remain exclusive for Samsung Galaxy smartphones for the... read more »

GDP up 5.7% to 10-quarter high

Beating expectations, India’s Gross Domestic Product (GDP) grew at 5.7 per cent during April-June, the highest in 10 quarters. Though it came on a low statistical base of 4.7 per cent during... read more »