Gangnam becomes hot spot for Korean startups

The uber-trendy Seoul neighborhood made famous by the ''Gangnam Style'' K-pop hit is known for status-conscious people...

BMW and Mini car range price hiked by 5 pct

BMW Group India has announced a price increase of up to 5 per cent across the BMW and MINI product range effective 1 January 2015.

Climate change: John Kerry appeals to all to share burden

US Secretary of State John Kerry today appealed to the countries at UN climate talks to jointly share the burden of combating climate change ...

‘Barack Obama policy on torture difficult to roll back’

CIA activities included heinous torture procedures used on detainees.

Indian rupee down 12 paise against dollar in early trade

Continuing its fall for the fifth straight day, the rupee lost another 12 paise to trade at a fresh 10-month low of 62.45 against...

Trestor to bring Bitcoin-like digital currency in India

Trestor aims to help under-developed and developing countries uplift their economies.

Corning claims Gorilla Glass 4 twice as tough as any other glass in market

Corning Inc has announced the introduction of Corning Gorilla Glass 4 to India’s consumer electronics market.

Soon, get one account for all financial assets soon, say RBI, Sebi, Irda

A common account may allow the public to get details of all their financial assets such as bank accounts, stocks, insurance policies in one place.

Indian rupee may weather US dollar rise: All you need to know

Even as rupee fell to a near 10-month low against dollar, it has been quite stable when compared with other emerging market currencies.

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Uber suspends Delhi operations, says will be back safer, stronger

Almost a week after a 27-year-old woman was allegedly raped by an Uber cab driver, the company says it is in the process of reviewing its security measures.

Uber, Uber cab, Uber ban

Grundfos focusing on solar pump solutions in India

After creating a space for itself in the domestic pump market over 15 years, Grundfos India...

Air India set to lease out 12 floors of Nariman Point building

In a move that could help loss-making Air India (AI) improve cash flows...

India in top half in terms of corporate governance, but enforcement an issue

Philip Armstrong, senior advisor, corporate governance at International Finance Corporation (IFC), feels corporate governance in India is steadily improving...

Tata Chemicals bets big on non-commodity business

Tata Chemicals is betting big on the non-commodity business, comprising branded products...

Don’t see gold price fluctuations affecting sales a lot

According to the World Gold Council, Indian demand for the metal was 974.8 tonne last year...

GOSF 2014, Day 2: Great Online Shopping Festival traffic hits 7 mn, but e-tailers want Google to break some sweat

Google's GOSF 2014 has clocked almost 7 million unique visitors so far this year compared with 2 million last year.

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From Russia with love: Essar gets $1-bn loans, $8-bn crude

Russian President Vladimir Putin, who is on a two-day visit to offered the Ruias-promoted...

Fundamental change in investor sentiment

Equity funds continued to report a net inflow for the seventh consecutive month in November.

Yield curve will correct with rate cuts, improved liquidity

Bond yields could fall further in the coming months as the next move by RBI will be a rate cut.

Govt’s stake dilution expected to aid banks’ Basel-III push

Bankers believe the government's move to gradually reduce its stake to 52%.

Foxconn likely to discontinue ops at Sriperumbudur

Taiwan- based Foxconn, the contract manufacturer of mobile phone parts and electronics...

RBI talking with govt to review priority sector norms: Raghuram Rajan

Raghuram Rajan said the central bank is holding talks with the Centre to review the priority sector lending norms.

Bank of Maharashtra lowers base rate by 15 bps to 10.25%

Bank of Maharashtra on Thursday cut base rate by 15 basis points to 10.25%.

Detroit is out of bankruptcy, but not out of the woods yet

This city formally emerged from court protection on Wednesday, bringing to a close the largest municipal bankruptcy in American history after about 17 months. Yet the end of the bankruptcy was also th

Cheap ECB loans fail to cheer banks

Banks drew 130 billion euros in loans from the central bank, which offered a fixed interest rate of 0.15%

India needs to overcome ‘white hair syndrome’ to innovate: Tata group’s Ratan Tata

Tata group's chairman emeritus says the country needs to overcome its 'white hair syndrome' which restricts opportunities.

Hit by Nokia shut down, FOXCONN mulling layoff: Trade union

After suspension of production at Nokia's plant near, an employee union fears lay-offs by FOXCONN.

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