IMF chief grilled in French corruption case

The head of the International Monetary Fund faced a fourth round of questioning Tuesday over a multi-million-euro corruption case relating to her time as French finance minister in 2008.



from Zee News : Business http://ift.tt/1rwQ9Cs

via IFTTT

Citi, HSBC, UBS among 5 bankers to manage ONGC share sale

The government had last sold 5 percent stake in ONGC in 2012 for Rs 14,000 crore.



from Zee News : Business http://ift.tt/1rwQ9Cm

via IFTTT

TVS Motor Co eyes 18% market share in two-wheeler segment by 2018

The Indian two-wheeler industry stood at over 50 lakh units in the April-July period of this fiscal.



from Zee News : Business http://ift.tt/1rwQ9lZ

via IFTTT

NOFN will lead to e-commerce explosion in India: IT Minister

The ambitious project worth around Rs 35,000 crore aims to provide high-speed broadband connectivity to 2.50 lakh gram panchayats in India by March 2017.



from Zee News : Business http://ift.tt/1rwQ7ue

via IFTTT

Swiss private bank releases first-ever results

Bank Pictet broke with a 209-year-old tradition of keeping its accounts under wraps.



from Zee News : Business http://ift.tt/1rwQ7uc

via IFTTT

FM hopeful of Parliament nod on Insurance Bill by year-end

Finance Minister Arun Jaitley on Tuesday expressed hope that long-pending Insurance Bill seeking to hike FDI cap to 49 percent will be passed by Parliament by the end of this year.



from Zee News : Business http://ift.tt/1zxj6MO

via IFTTT

Payment default case: Kingfisher moves HC against PNB notice

KFA moved the Delhi High Court against PNB's notice alleging the carrier has wilfully defaulted in payment of outstanding dues of over Rs 770 crore.



from Zee News : Business http://ift.tt/1rwQ7dM

via IFTTT

Tech Mahindra in talks to acquire more firms: Anand Mahindra

Tech Mahindra has acquired seven firms, including Satyam Computer Services, Hutchison Global Services and Comviva Technologies.



from Zee News : Business http://ift.tt/1vJQCz6

via IFTTT

Gold snaps 9-day losing steak; gains Rs 230 to Rs 28,260 per 10 grams

Snapping its nine-day losing streak, gold prices recovered by Rs 230 to Rs 28,260 per 10 grams in the national capital Tuesday on a firming trend overseas and emergence of buying by jewellers and retailers at existing levels.



from Zee News : Business http://ift.tt/1pc5F4M

via IFTTT

CCI fines car makers $420 million for anti-competitive practices

Local carmaker Tata Motors Ltd was handed the highest penalty of 13.46 billion rupees.



from Zee News : Business http://ift.tt/1wvGsGm

via IFTTT

PowerMin moves Cabinet note to ensure coal supply for plants

The Power Ministry has moved a draft Cabinet note to ensure coal linkages for power projects which are already commissioned or are likely to be commissioned by March.



from Zee News : Business http://ift.tt/1qIRuja

via IFTTT

Xiaomi Redmi 1S launched at Rs 5,999; to be available from next week

The Redmi 1S has been affordably priced at Rs 5,999 and will go on sale starting September 2.



from Zee News : Business http://ift.tt/1qmMSmc

via IFTTT

MFs rope in KPMG to comply with new US tax law

Indian mutual funds have roped in global consultant KPMG to help them prepare for the Foreign Account Tax Compliance Act (FATCA) - a new law enacted by the US to help combat tax evasion by Americans through overseas entities including in India.



from Zee News : Business http://ift.tt/1qmI8gx

via IFTTT

Auto stocks down after CCI penalty on 14 car makers

Auto stocks on Tuesday fell by as much as 3 percent following the Competition Commission imposing a penalty of Rs 2,545 crore on 14 car makers for violating trade norms in the spare parts and after services market.



from Zee News : Business http://ift.tt/1vJpBMb

via IFTTT

European stock markets mixed at open

Europe`s main stock markets diverged at the start of trading on Tuesday, as London reopened following a long holiday weekend and before France announces a new government.



from Zee News : Business http://ift.tt/XOga32

via IFTTT

E-comm logistic firm Holisol gets 1st venture capital funding

Holisol Logistics, a leading back-end logistic provider to e-commerce players, including Jabong, has got its first venture capital funding as it expands operations.



from Zee News : Business http://ift.tt/1q0MLNj

via IFTTT

MFs rope in KPMG to comply with new US tax law

FATCA, which took effect from July 1, may have significant implications for Indians residing in the US and investing in products offered by the Rs 10 trillion Indian mutual fund industry.



from Zee News : Business http://ift.tt/1q0MMRm

via IFTTT

Mumbai's King's Circle Ganapati idol insured for over Rs 51 crore per day

The GSB Seva Mandal Ganapati idol has fetched a whopping insurance worth Rs 259 crore outmatching Mumbai's popular Ganesh idol known as Lalbaugcha Raja.



from Zee News : Business http://ift.tt/1wviACP

via IFTTT

Reliance Power commissions 5th unit of its Sasan UMPP

With this, the total operational capacity of the Sasan plant in Madhya Pradesh has reached 3,300 MW, Reliance Power said in a release.



from Zee News : Business http://ift.tt/1vhA1oM

via IFTTT

Supreme Court's coal block ruling may have wider economic impact

A mass cancellation of coal blocks awarded since 1993 could cost the country up to $3 billion in additional imports.



from Zee News : Business http://ift.tt/1vhzYti

via IFTTT