Business News

Mint has new editor, Narisetti steps down

The Delhi-based business paper from HT Media, Mint, has reshuffled its top editorial management that has seen Raju Narisetti stepping down as editor.4:00 PM on December 28

Haryana to create 17,000-acre land bank for industry

Haryana's industry promoter, the Haryana State Industrial and Infrastructure Development Corp (HSIIDC), is creating a land bank of 17,000 acres for industrial units, the corporation announced here Sunday.2:30 PM on December 28

Services sector will prop growth rate: Industry report

Despite the global economic slowdown, some segments of India's services sector, including IT, education and organised retail, retained 'high' growth rate of 10-20 percent this fiscal, an industry lobby survey said here Sunday.2:00 PM on December 28

Industry calls for push to affordable housing

Describing the government's decision to provide 5 percent interest subsidy on housing loans taken by the economically weaker sections (EWS) as 'a move in the right direction', an industry lobby Sunday said it would boost demand of affordable housing.2:00 PM on December 28

Chandigarh's top brass fight over multi-million rupee land deals

Touted as the greenest and most liveable city in India, Chandigarh is these days witnessing a major confrontation in its government as the union territory's administrator and top bureaucrat trade charges over land deals.12:32 PM on December 28

Realty industry wakes up to reality: Bubble has burst

The five-year boom in India's realty industry came to a crashing halt in 2008, following an acute liquidity crunch, falling sales and rising interest rates.12:31 PM on December 28

Global meltdown catches IT firms off-guard

After nearly a decade of uninterrupted boom, the Indian information technology industry finds the road ahead bumpy as 2008 draws to a close, with the global meltdown and financial turmoil in the US and other rich countries catching the otherwise resilient sector off-guard.12:30 PM on December 28

Top 10 NRI Newsmakers of 2008

After the enthusiastic response to the first list of NRI newsmakers for 2007, here is the updated version before 2008 ends. The selection is based on news value and the degree of interest and concern to NRIs.10:00 AM on December 28

SBI to expand branch network in Bengal Circle

India's largest banker State Bank of India (SBI) will strengthen its network in the Bengal Circle by adding 142 branches by the next financial year, a senior bank official said here Saturday.10:30 PM on December 27

Court asks shipping firm to compensate for delayed delivery

A Delhi court has asked OLC Shipping Line Pvt Ltd to compensate for the delay in delivery of packages in Dubai due to which the complainant had to shell out extra money.7:31 PM on December 27

Public banks' policies saved India from financial blushes: Chidambaram

Home Minister P. Chidambaram paid rich tributes to India's public sector banks here Saturday while speaking at a university function.7:02 PM on December 27

Fashion technology institute to be functional next year

The National Institute of Fashion Technology (NIFT) branch slated to be set up in Himachal Pradesh's Kangra district would start its admission process from August next year, an official release said Saturday.6:31 PM on December 27

Ex-servicemen demand probe into Chandigarh administrator's projects

A group of ex-servicemen and a farmers association here Saturday demanded a central agency probe into the mega projects initiated by S.F. Rodrigues, the administrator of Chandigarh.5:01 PM on December 27

After 26/11, artists debate allowing Pakistani performers in India

A month after the terror strikes in Mumbai, several artists came together here to pay tribute to all those who lost their lives in the attacks. While some felt India should restrict the number of Pakistanis performing in India in the wake of the strikes, others felt the focus should be on restoring peace.5:01 PM on December 27

Political tension, heavy selling add to markets' despair

A dampened Christmas, increasing political tension between India and Pakistan and slackening investors' confidence triggered a sharp fall in Indian equities markets during the week, with a key index closing 7.6 percent lower than its close last weekend.4:31 PM on December 27