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Implement food Act by April 4, Centre to states

Implement food Act by April 4, Centre to states

Rediff.com11 Dec 2014

According to government's estimates, there are around 110 million APL families in the country, who get 11-25 kg of foodgrain a month.

How Ikea is responding to Modi's 'Make In India' call

How Ikea is responding to Modi's 'Make In India' call

Rediff.com11 Dec 2014

Recently, Prime Minister Narendra Modi had given a call to industry to 'Make in India' in a move to step up the country's manufacturing strength.

SpiceJet given more time to clear dues

SpiceJet given more time to clear dues

Rediff.com11 Dec 2014

A senior government official informed AAI had agreed not to withdraw the credit facility of SpiceJet till Monday.

CITU-led union threatens strike over passage of coal Bill

CITU-led union threatens strike over passage of coal Bill

Rediff.com10 Dec 2014

According to coal ministry officials, the Bill is likely to be introduced in the Lok Sabha on Wednesday. The Coal Mines (Special Provisions) Ordinance, 2014 was brought in October this year in the wake of the Supreme Court's decision cancelling 214 coal blocks.

Allow banks to keep gold as part of liquidity reserves: WGC

Allow banks to keep gold as part of liquidity reserves: WGC

Rediff.com10 Dec 2014

Gold demand in India -- one of most avid purchasers -- is interwoven with culture, tradition, the desire for beauty and the desire for financial protection.

Chinese partner to dress up Vimal

Chinese partner to dress up Vimal

Rediff.com10 Dec 2014

According to the agreement, RIL will transfer its existing textile business under the Vimal brand into a newly incorporated company in which RIL will hold 51 per cent stake. The remaining 49 per cent stake will be sold to Ruyi.

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Rediff.com10 Dec 2014

Around 55 per cent of land in the 36 operational special economic zones (SEZs) in Tamil Nadu is lying vacant owing to various reasons, including the recent economic slowdown.

Anti-bribery initiatives: Miles to go for India Inc

Anti-bribery initiatives: Miles to go for India Inc

Rediff.com9 Dec 2014

55% of respondents still unsure if their employer has a specific anti-graft policy.

RBI eases rules for white label ATMs

RBI eases rules for white label ATMs

Rediff.com6 Dec 2014

WLA operators will have an option to provide facilities for Dynamic Currency Conversion for international cards.

Franchise India, Religare tie up for Rs 500-crore loan

Franchise India, Religare tie up for Rs 500-crore loan

Rediff.com6 Dec 2014

The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.

Monte Carlo IPO bought eight times

Monte Carlo IPO bought eight times

Rediff.com6 Dec 2014

Monte Carlo has raised a little above Rs 100 crore (Rs 1 billion) from anchor investors at Rs 645 a share.

RBI wants code of conduct for banks on customer rights

RBI wants code of conduct for banks on customer rights

Rediff.com6 Dec 2014

The RBI is thinking of a model code of conduct for banks, to ensure customer rights in line with the earlier charter it had framed in this regard.

Investor-friendly railway framework soon: Minister

Investor-friendly railway framework soon: Minister

Rediff.com6 Dec 2014

Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.

Trademark Row: Burger King in the soup

Trademark Row: Burger King in the soup

Rediff.com6 Dec 2014

Before opening its first outlet in the country on November 9, the US fast food chain, Burger King Corporation, had approached the HC seeking an assurance that companies it had sued for trademark infringement will not approach lower courts for stay orders against its launch.

Spice launches the value for money Stellar 520n

Spice launches the value for money Stellar 520n

Rediff.com5 Dec 2014

The phone is equipped with a 1.3 GHz Quad Core Processor and a majestic 5-inch HD IPS display.

After eating into Apple's share in China, Vivo sets eyes on India

After eating into Apple's share in China, Vivo sets eyes on India

Rediff.com3 Dec 2014

Vivo, a brand of BBK Communication Technology that makes smart devices such as 4G Xshot handset, is now set to enter the fastest-growing smartphone market in India with the first launch planned later this month.

IITians make a beeline to join Flipkart

IITians make a beeline to join Flipkart

Rediff.com3 Dec 2014

The second day of the placement season at Indian Institute of Technology (IIT) - Madras on Tuesday saw e-commerce major Flipkart Internet Pvt Ltd recruiting 19 students - the highest offer so far this season.

Will Jaitley reintroduce Fringe Benefits Tax?

Will Jaitley reintroduce Fringe Benefits Tax?

Rediff.com3 Dec 2014

FBT was an unpopular tax and withdrawn before the General Elections in 2009

Faulty Ciaz? Maruti to repair car free of cost

Faulty Ciaz? Maruti to repair car free of cost

Rediff.com2 Dec 2014

Maruti Suzuki India Limited (MSIL), the country's largest car maker, has initiated a service campaign to inspect a probable fault and replace a part of the clutch operation system in the Ciaz, its mid-size sedan.

D-Street cautious ahead of RBI policy

D-Street cautious ahead of RBI policy

Rediff.com2 Dec 2014

A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.

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