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Dip in borrowing cost, affordable housin...

Dip in borrowing cost, affordable housing to boost house purchases in 2015

Declining borrowing costs, improving employment outlook and availability of affordable housing projects are encouraging prospective home buyers to purchase new properties in 2015, a survey has said. According to a report by ZyFin Research titled ‘New Home Purchase Sentiment Index’, the... read more »

Asian Paints not going to Andhra Pradesh

Asian Paints not going to Andhra Pradesh

Karnataka Chief Minister Siddaramaiah on Wednesday dismissed reports that Asian PaintsBSE 0.49 % was planning to take its proposed investment to Visakhapatnam in Andhra Pradesh at the invitation of N Chandrababu Naidu. “Asian Paints is not going anywhere,” the CM said in reply to a... read more »

Mercedes Benz records 41% growth in firs...

Mercedes Benz records 41% growth in first half of 2015, eyes number 1 posit...

Stuttgart based luxury car maker, Mercedes Benz continues its dream run in India. The German car maker posted its highest ever quarter two (April to June) sales in 2015, posting a growth of 43 per cent to 3093 units, which led to a half yearly growth of 41 per cent in the first half of 2015 to 6659... read more »

TVS XL Super reaches 1 crore sales mark;...

TVS XL Super reaches 1 crore sales mark; special edition launched

Two-wheeler maker TVS Motor has launched a special edition of XL Super to commemorate the crossing of one crore sales mark by the company’s popular moped. XL Super, which was conceived by TVS Motor’s (Late) Chairman T S Srinivasan and current Chairman Venu Srinivasan, was launched in... read more »

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Bharti Airtel, Reliance Jio to share infrastructure

American Tower Buys Bharti’s Nigerian Telecom Towers for $1 Billion

NEW DELHI— Bharti Airtel Ltd , India’s biggest telecommunications company, has agreed to sell its telecommunications towers in Nigeria to American Tower Corp. for $1.05 billion. The... read more »

Sony warns of more restructuring in TV, smartphone units

TOKYO: Japan’s loss-making Sony Corp said it’s targeting a near 70% jump in revenue for its electronic devices division over the next three years, even as it warned further... read more »

SpiceJet says in talks with investors for fresh capital

SpiceJet is in “exploratory and preliminary stage” talks with investors about raising fresh capital, the budget airline said in a regulatory statement on Monday. The airline... read more »

Policy consistency is critical for investors: PwC chairman

PricewaterhouseCoopers (PwC) International chairman Dennis Nally is in India to release a report that suggests that the country has the potential to grow at 9% annually and become a... read more »

Adani Power buys Avantha’s 600 MW plant for Rs 4,200 crore

MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10 billion,... read more »