India Business

India Business

TCS chief Chandrasekaran named Tata Sons Chairman

Tata Sons on Thursday named TCS Chief Executive Officer and Managing Director N Chandrasekaran as its new Chairman over two months after the unceremonious sacking of...

JLR to launch several sports cars in next two years

INDIA’S Tata Motors-owned British luxury brands Jaguar and Land Rover will launch several sports cars and fuel-efficient engines in the next two years, Tata...

Sensex sheds 71 pts on weak Asian cues

  The benchmark Sensex fell by about 71 points to slip below the key 27,000-mark in the opening trade today, on sustained foreign fund outflows...

Adidas to launch $1 shoe in India

ADIDAS, the German sportswear and equipment maker, is to launch a shoe costing one dollar (64 pence) a pair in India, boss Herbert Hainer...

Amazon launches online shopping site in India

ONLINE retail giant Amazon launched a new Internet shopping site in India on Wednesday (June 5), stoking already fierce competition in the fast-expanding “e-tailing”...

India allows investments from Pakistan

INDIA on Wednesday (August 1) overturned its ban on foreign investment from neighbouring Pakistan, the commerce ministry said, in a move designed to build...

India’s rupee hits a record low of 60 to the dollar

INDIA’S rupee touched a record low of more than 60 to the dollar on Wednesday (June 26) as overseas funds continued to pull out...

Ambani brothers’ truce opens door to expansion

BILLIONAIRE Ambani brothers are signing deals and drawing up expansion plans after calling a halt to their very public five-year battle over the spoils...

Reserve Bank of India hikes key interest rate

INDIA’S new central bank governor hiked the key interest rate on Tuesday (October 29) for a second month running, disregarding calls for lower borrowing...