Business News Headlines

India to join Asian infrastructure bank

Beijing , Oct 24

Twenty-one Asian countries including India, ready to join the Asian Infrastructure Investment Bank (AIIB) as founding members, Friday signed a MoU on establishing the bank.

25 million boxes of apples sold in Himachal

Shimla , Oct 24

The apple season in Himachal Pradesh -- the fruit bowl of the country -- is almost over, with over 25 million boxes sold out, an official said Friday.

Wipro sees demand environment steady for IT services

Bangalore , Oct 22

Indian IT bellwether Wipro Ltd is upbeat on growth prospects in this fiscal, as demand environment remains steady for IT services worldwide.

Andhra industry body, Turkish Indian chamber sign MoU

Hyderabad , Oct 22

The Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) and the Turkish Indian Chambers of Commerce and Industry (TICCI) have signed an agreement for the promotion of commercial and industrial relations.

Himachal's cold desert seed potatoes tingle palates

Manali , Oct 22 Virus-free potatoes grown only in Himachal Pradesh's cold desert, which mainly find a market for plantation, are much sought after these days owing to the shortage of table potatoes in the country, trade representatives said.

Murali Lanka is Wal-Mart India's operations chief

New Delhi , Oct 24

Wal-Mart India Pvt. Ltd Friday announced that Murali Lanka has been appointed its new chief operations officer (COO) to lead store operations and business development.

Indian equities markets start 'New Year' on positive note

Mumbai , Oct 23

Samavat 2071, marking the start of the New Year, began on a positive note for Indian equities at a special trading session on Diwali day Thursday with a key index gaining some 63 points, or 0.24 percent.

Sensex gains 211 points; auto stocks zoom

Mumbai , Oct 22

A benchmark index of Indian equities markets closed Wednesday's trade up 211.58 points or 0.80 percent on the back of positive global cues and domestic reform process which picked pace with announcements of coal block auctions and diesel deregulations.

Premium price on non-shallow gas in New Year: Government

New Delhi

New Delhi Oct 22 (IANS) Oil exploration companies engaged in deep-water and ultra-deep water discoveries, like Reliance Industries, will have to wait till the New Year for the government to spell out the new formula for their gas prices.

Give primacy to Coal India: CPI-M

New Delhi , Oct 22

The CPI-M Wednesday criticized the government decision to e-auction coal blocks and demanded that state-owned Coal India must be tasked to do all coal mining in the country.