Rs 2-lakh-cr cases pending with DRTs in FY14

Even as bankers rely on debt recovery tribunals (DRTs) as a legal alternative to recover bad loans...

RBI licenses Ford Credit India to run NBFC ops

Ford plans to serve both the domestic and export markets through its enhanced capacity

Syndicate Bank hopeful of South Africa, UAE branches soon

I am hopeful that we will get regulatory approvals from the UAE and South African govts for setting up full-fledged bank branches in three to four months, says TK Srivastava, Syndicate Bank, executive

A rapid jump to mobile advertising in China

Companies are expected to spend more money on digital advertising than on television campaigns

Bhushan Steel promoters among 260 Sebi-barred entities

In fresh troubles for crisis-hit Bhushan Steel, four members of its promoter family, including chairman...

Narendra Modi criticism may hit Aakash tablet; govt puts device under review

Prime Minister Narendra Modi in 2012 as Gujarat Chief Minister had criticised Kapil Sibal on the Aakash project.

General Motors gets 104 more claims for faulty ignition switch compensation

General Motors Co has received 104 claims for compensation for ignition switch defects in its cars in the past week...

Avantha buys 1.15 cr Crompton Greaves shares for Rs 211 cr

Avantha Holdings today picked up 1.15 crore shares of Crompton Greaves for a little over Rs 211 crore through open market route...

crompton greaves stake sale

Fog plays havoc with air traffic in Delhi, 173 flights delayed

Flight operations at the Indira Gandhi International Airport here were virtually paralysed for six hours this morning...

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HDFC launches fixed rate home loan; lowers deposit rate

Mortgage lender HDFC today launched a fixed interest rate home loan product for a limited period as part of New Year celebrations...

SpiceJet co-founder Ajay Singh seeks time to finalise rescue

The entrepreneur behind a high-profile effort to rescue Indian carrier SpiceJet has asked for more time to finalise funding plans...

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Vistara airlines unveils tagline ‘Fly the new Feeling’, product, service elements

Full service carrier Vistara, which will take off on January 9 with Delhi-Mumbai, Delhi-Ahmedabad...

Videocon launches Infinium Z50 Nova exclusively on Flipkart, prices it at Rs 5,999

Videocon Mobile has launched the 'affordable' Infinium Z50 Nova today exclusively on ecommerce site Flipkart with a Rs 5,999 price tag.

Dos and don’ts before investing in affordable housing

Investing in your long-yearned dream home is not just based on one single decision...

Indian consumers: Way forward to a convenient life

Indian consumers are becoming (almost) as global in their thinking, preferences and orientation as their Western...

Kalanithi Maran’s SpiceJet debt grew to Rs 1,230 cr in 18 days: Govt

Kalanithi Maran and wife Kavery-led troubled budget carrier SpiceJet's dues to foreign and Indian vendors...

Reserve Bank of India simplifies ‘non-cooperative’ borrower classification

India's central bank has simplified the definition of a non-cooperative borrower to include all those who have the ability to pay but still thwart lenders' efforts...

Walmart to open new store in India after 2-year gap

Earlier this year, Walmart announced plans to open 50 wholesale stores in the next 4-5 years to expand its footprint across the country.

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High income, family yardsticks for success among Indian execs: LinkedIn

Around 56% of senior professionals termed high income as the top indicator for success, followed by having a family (50%) and owning a nice house (38%)...

Taiwan says Uber ‘violating law’ by operating without licence

Taiwan's transport ministry said Uber Technologies Inc is operating a taxi-hailing service "in violation of the law", and that it is investigating the possibility of blocking access to the U.S. compan

Move aside autographs, selfies become cultural phenomenon

Clicking selfies became an urban cultural phenomenon in India during 2014 leaving autographs outdated.

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GoAir ticket discount: Where’s the cheap fare?

GoAir has said it is offering discounted tickets for as low as Rs 1,469 from December 21 to 25.

Motorola launches Moto X (2nd Generation) 32GB on Flipkart with special Christmas offers; price starts Rs 32,999

New Moto X 2nd Generation, which comes in an all new design, will exclusively be available on Flipkart from midnight today at a price of Rs 32,999.

Sony plans to release ‘The Interview’

Sony's company attorney David Boies said 'The Interview' will be released but not on its original slot of Christmas Day.

Maruti Suzuki Ciaz vs Honda City: A race for survival

Maruti Ciaz was launched with an initial price tag of Rs 6.99 lakh for base petrol variant while base variant of Honda City stands at Rs 7.19 lakh.

Maruti Ciaz, Maruti Suzuki

EPFO set for major overhaul in new year, subscribers can expect a more flexible investment pattern

Retirement fund body EPFO is set for a major overhaul in the way it manages the provident fund deposits of its over five crore subscribers.


Maoists attack KFC restaurants in Kerala

In Palakkad, the KFC outlet was attacked by a gang in the early morning...

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