Business News

Power tariffs soar in Punjab

The Punjab State Electricity Regulatory Commission (PSERC) announced an increase of 8 to 11 paise per unit in the power tariffs for both domestic and industrial consumers in the state.

After synthetic juice, doctors' body endorses chewing gum

The Indian Dental Association (IDA) has endorsed a brand of chewing gum, saying it improves oral health, weeks after the Indian Medical Association courted controversy for promoting a synthetic juice brand of Pepsi.6:30 PM on July 05

Kingfisher likely to buy into SpiceJet

UB Group chairman Vijay Mallya is in talks with two major share holders of New Delhi-based low cost carrier SpiceJet to buy the airline.6:01 PM on July 05

Distillery by-product helps increase milk production

Liquor may be bad for health but its by-product from a newly established distillery in Punjab's border district of Gurdaspur is proving a boon for farmers in the area.6:00 PM on July 05

Amar Singh mounts attack on Chidambaram, Deora

The Samajwadi Party, which is expected to extend outside support to Prime Minister Manmohan Singh's government, Saturday stepped up its attack on Finance Minister P. Chidambaram and Petroleum Minister Murli Deora.5:00 PM on July 05

Land conversions made simpler in Gujarat

The state government has come out with a new policy that will make it easy to convert agricultural land to commercial non-agricultural land.4:34 PM on July 05

Indian for top slot in global food body

Agricultural and Processed Food Products Export Development Authority (Apeda) director Sanjay Dave has become the first Indian to be elected the vice-chair of Codex Alimentarius Commission (CAC), an international body with 170 member countries.3:30 PM on July 05

Percept Picture to release 'Hancock' in India

After successfully releasing 'Spiderman 3' in India last year, Percept Picture Co (PPC) has acquired distribution rights of yet another Hollywood movie 'Hancock' to be screened July 11 in the country.3:30 PM on July 05

Ancient Indian farming technique picks up in mango belt

Four years ago, when a Lucknow-based horticulture institute floated the idea of homa-farming, cultivators in the mango belt of Kakori and Malihabad adopted it in droves.1:32 PM on July 05

Indian equity markets fall for seventh consecutive week

Indian equity markets recorded their seventh consecutive week on the decline, due to rising crude oil prices, inflation worries and looming political uncertainty. Out of the five trading sessions in the week, three ended in the negative.1:30 PM on July 05

With only two hits in six months, Bollywood loses Rs.1.5 bn

The year is halfway through, but Bollywood has very little to cheer about. More than Rs.3 billion ($70 million) has gone into making films, but half of the amount sank beyond recovery.12:30 PM on July 05

Hunter Douglas gallery debuts in Surat

Hunter Douglas, a market leader in window coverings and manufacturer of architectural products, unveiled Friday its first gallery here.10:31 PM on July 04

R-ADAG seeks SEBI probe into R-Com share fall

The Reliance Anil Dhirubhai Ambani Group (R-ADAG) has approached market watchdog Securities and Exchange Board of India (SEBI) to probe the dip in the share price of group company Reliance Communications (R-Com).10:00 PM on July 04

Shopkeepers, hawkers prevent opening of Kolkata mall

The West Bengal government's efforts to portray an industry-friendly image received a jolt Friday when small shopkeepers and hawkers prevented the inauguration of RPG Enterprises's retail arm Spencer's new mall even as the company's vice chairman Sanjiv Goenka said this protest will not affect their expansion plan.9:32 PM on July 04

SBI hikes home loan interest rates by 50 bpts

The State Bank of India has raised its interest rate on home loans by 50 basis points across the board, effective from June 27.9:31 PM on July 04