Business

Business

India launches diamond bourse

INDIA, the world leader in the export of cut and polished diamonds, is taking a major step towards becoming a global trading centre for...

India to overtake UK in world aviation market ranking

INDIA, which is now the ninth largest aviation market in the world, will overtake the UK to take the third position in over 15...

Reliance denies plans for Amazon mega-deal

Indian conglomerate Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon...

AirAsia to make India debut, fuelling fare war

ASIA'S biggest budget carrier AirAsia is set to make its maiden flight in India on Thursday (June 12), fuelling a cut-throat fare war in...

Cairn Energy sells 10 per cent of Indian unit to Vedanta

BRITISH oil explorer Cairn Energy has announced, it has sold 10 per cent of its Indian unit to Vedanta Resources for a net cash...

India slips six places in World Talent Ranking report

India has slipped 6 places to 59 rank on a global annual list of 63 countries, due to low quality of life and expenditure...

ArcelorMittal seeks new sites in India after land delays

ARCELORMITTAL, the world's largest steelmaker, is looking for alternative sites to set up a steel plant in India, after delays in getting land at...

Fed Reserve keeps interest rates unchanged, signals fewer future hikes

The U.S. Federal Reserve kept interest rates unchanged on Wednesday (June 15) and signaled a plan to raise rates twice in 2016, though it...

Facebook counters Ambani says data is not new oil shouldn’t be hoarded within nations

Countering richest Indian Mukesh Ambani, Facebook Inc on Thursday said data is not the new oil, and countries like India should allow its free...

Top Court dismisses Cairn India’s plea to export Barmer crude

UK-based Vedanta group company, Cairn India Ltd's plea for permission to export excess crude from its oil field in Rajasthan was dismissed by the Delhi High Court...