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In this May 9, 2013 photo, a worker pushes shopping carts in front of a Walmart store in La Habra, Calif.
AP In this May 9, 2013 photo, a worker pushes shopping carts in front of a Walmart store in La Habra, Calif.

Panel probing Walmart lobbying submits report

A committee looking into U.S. giant Walmart’s lobbying activities to enter India submitted its report to Corporate Affairs Minister Sachin Pilot on Saturday. Former Chief Justice of Punja... »

Resolution authority on cards to deal with financial distress: RBI

The Reserve Bank on Thursday said that a proposal is afoot to set up a resolution authority to deal with the widespread distress caused by failure of financial institutions.“...within In... »

Posco land acquisition continues

Land acquisition for the proposed Rs. 52,000-crore Posco Steel Plant in Odisha’s Jagatsinghpur district continued for the second day on Tuesday even as opponents of the project assembled in the vicinity for a showdown with the administration. »
NEW DELHI, April 17, 2013

Tata Teleservices to surrender excess spectrum

Tata Teleservices, on Wednesday, said it would surrender telecom spectrum beyond 2.5 megahertz (MHz) in all circles barring Delhi and Mumbai in ‘protest’ against the government move to charge one-... »
Washington, April 17, 2013

H-1B fee hike plan rattles IT firms

A framework for comprehensive immigration reform proposed by a group of influential U.S. Senators has sent shockwaves through the Indian business community after it was revealed that it included m... »      2 comments
MSD alleged that the Indian pharma company has violated its intellectual property right (IPR) over its anti-diabetes medicines, Januvia and Janumet. File photo: AP
New Delhi, April 5, 2013

Patent row: HC refuses interim relief to Merck

The Delhi High Court on Friday refused to grant interim relief on a patent row to US pharmaceuticals major Merck Sharp and Dohme (MSD) which sought a restraint on Indian firm Glenmark Pharmaceutic... »
New Delhi, April 4, 2013

Developers given extra time by the Central Government to execute SEZ projects

The Central Government has given more time to 14 special economic zone (SEZ) developers, including Cognizant Technology Solutions and Parsvnath SEZ Ltd., to execute their projects.At a rece... »
The new BMW 3 Series Gran Turismo, one of two important variations of its popular 3-Series small luxury sports sedans.
NEW YORK, March 27, 2013

BMW unveils new diesel 3-Series sedan

BMW is giving fans of its 3-Series more room and better gas mileage in two important variations of the small luxury sports sedan that it’s rolling out at the New York International Auto Show this... »
New Delhi, March 25, 2013

SAT to hear on Sahara group attachment on Tuesday

The Securities Appellate Tribunal (SAT) will hold its final hearing on Tuesday on Sahara group chief Subrata Roy’s plea against SEBI’s attachment order of his bank accounts and other assets, along... »
New Delhi, March 25, 2013

TCS wins $43 million contract from Norway Post

Norway Posts today said it has awarded contracts worth USD 43 million each to software services provider Tata Consultancy Services (TCS) and outsourcing services firm Capgemini for operating and m... »
Washington, April 17, 2013

Immigration reform brings agony and ecstasy

Even as the immigration reform proposal unveiled on Tuesday caused consternation in India over the potential fallout for IT firms, experts here advised that the policy measure should be interprete... »      1 comment
Neemrana Fort: A 15th Century monument. Photo: Special Arrangement
April 6, 2013

The Japanese connection

How far would you have to go from New Delhi to come face-to-face with the best of Japanese business? Before you tab up Google and start looking for the answer, read on a bit.For just 120 km... »
New Delhi, April 4, 2013

Sahara case: SC to give early hearing to SEBI plea

The Supreme Court on Thursday agreed to give an early hearing to SEBI’s plea seeking its permission to detain Sahara Group’s chairman Subrata Roy Sahara and to initiate contempt proceedings agains... »      1 comment
A Vodafone store in Bangalore. File photo
New Delhi, April 1, 2013

Licence extension: Fundamental flaws in DoT’s rejection, says Vodafone

Stating that the company never sought extension of its licences for free, Vodafone India has said rejection by the Department of Telecom (DoT) suffered from “several fundamental flaws, contradicti... »
File photo shows a Starbucks Coffee outlet at Connaught Place in New Delhi. Photo: Shiv Kumar Pushpakar
New Delhi, March 26, 2013

Starbucks opens ninth store in India

American coffee retail giant Starbucks on Tuesday announced its ninth store in the country, which will be opened in South Delhi. Tata Starbucks Ltd is a 50:50 joint venture between Starbu... »
Melbourne, March 25, 2013

Almost 70 per cent workers waste time finds survey

More than two thirds of workers said they wasted time every day while at work, mostly surfing news websites, a new study has found. Thirty-four per cent said they wasted 30 minutes or les... »      3 comments