Business

'Nirav Modi could have imported watches for business purpose'

Fri, 02/23/2018 - 23:06

New Delhi/Mumbai, Feb 23 (IANS) The Enforcement Directorate (ED) that seized over 10,000 imported watches from several locations connected to diamond czar Nirav Modi contend that the watches might have been imported for "business purpose".

0 comments

Can create value in Essar Steel: L.N. Mittal

Fri, 02/23/2018 - 22:14

New Delhi, Feb 23 (IANS) World's largest steel company ArcelorMittal's Chairman and Chief Executive Officer Lakshmi N Mittal on Friday said they can create value in the debt-laden Essar Steel and also confirmed no bids were rejected yet.

0 comments

New US H-1B norms won't make much difference: Nasscom

Fri, 02/23/2018 - 21:06

Bengaluru, Feb 23 (IANS) The United States' latest move on issuing H-1B visas to software engineers will not make much difference to Indian IT firms, apex industry body Nasscom said on Friday.

0 comments

PNB fraud: Assets of Rs 43 cr of Nirav seized (Roundup)

Fri, 02/23/2018 - 20:12

New Delhi/Mumbai, Feb 23 (IANS) The ED on Friday said it had frozen diamantaire Nirav Modi's bank account and shares worth Rs 43 crore even as the CBI raided his Mumbai-based Kamala Mills firm and seized documents regarding the Rs 11,300 crore Punjab National Bank fraud probe.

0 comments

Online portal for wholesale sugar trade launched

Fri, 02/23/2018 - 19:54

New Delhi, Feb 23 (IANS) Indian Sugar Exim Corporation Ltd (ISEC) on Friday launched e-commerce platform to provide better selling options to sugar mills and more competitive rates to buyers.

0 comments

GJEPC denies reports of 'four-fold surge' in diamond imports

Fri, 02/23/2018 - 19:44

Mumbai, Feb 23 (IANS) Categorically denying reports of a "four-fold surge" in imports of diamonds from "unspecified" locations in April-November 2017, the Gem & Jewellery Export Promotion Council (GJEPC) on Friday said that exports actually came down 14.44 percent as compared to the same period in 2016.

0 comments

OnePlus captures 48% premium market share in India

Fri, 02/23/2018 - 19:20

New Delhi, Feb 23 (IANS) Chinese smartphone maker OnePlus has continued its growth in the overall Indian premium segment by capturing 48 per cent market share in fourth quarter, as per International Data Corporation's (IDC) latest Quarterly Mobile Phone Tracker 2017 Q4.

0 comments

India Kawasaki bets big on premium motorcycles domestic market

Fri, 02/23/2018 - 19:02

Kolkata, Feb 23 (IANS) India Kawasaki Motors Pvt Ltd, which remained bullish on the country's premium motorcycles market, is looking to increase local procurement to reduce cost and increase sales, an official said here on Friday.

0 comments

New US H-1B norms won't make much difference: Nasscom

Fri, 02/23/2018 - 18:42

Bengaluru, Feb 23 (IANS) The United States Administration's latest move on issuing H-1B visas to software engineers will not make much difference to Indian IT firms, said the apex industry body Nasscom on Friday.

0 comments

Pages