Pernod Ricard sees India becoming No.2 market on strong growth
French spirits group Pernod Ricard SA expects its operations in India to continue to post double-digit sales growth over the next five to 10 years and to soon replace China …
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HP Inc plunges after printer business underwhelms
Shares of HP Inc (HPQ.N), which houses former Hewlett-Packard Co’s legacy hardware business, plunged 16.3 percent on Wednesday after the company’s lacklustre results fuelled concerns about its ability to weather …
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7.5% GDP growth will help boost business: Moody’s
“Healthy 7.5 per cent GDP growth for India for the fiscal year ending March 2017 (FY2017) and a pick-up in manufacturing activity will be broadly supportive of business growth,” said …
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CEOs sing Bollywood classics to raise funds for unprivileged children
NEW DELHI: With foot tapping tunes from old Bollywood classics a bunch of Chief Executive Officers and senior executives came together for a noble cause, singing to raise funds for …
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Bollywood’s Aamir Khan under fire for ‘Should we move out of India’ comment
Bollywood actor Aamir Khan is facing sedition charges in India after saying he was “alarmed” by a growing climate of intolerance in the country. Advocate Manoj Kumar Dixit, who filed …
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First rupee-denominated ETF listed on LSE
A year after the International Finance Corp (IFC) issued its first rupee-denominated “masala bonds” in London, an exchange-traded fund (ETF) that clubs highly rated domestic state-owned corporate bonds was listed …
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Housing.com wants to focus on home buying and selling business; more lay offs can be expected
BENGALURU: Online real estate portal Housing.com said it is going to focus on its home buying and selling business and will scale down all other verticals including listings and rentals. …
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Factories running 30% below capacity: Rajan
The Reserve Bank of India’s (RBI) governor, Raghuram Rajan, said the economy was being hampered by a drop in public and private investments but held out hope that strong foreign …
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ASEAN goof-up: Modi meets Abe, in front of an upside down Tricolour
Day one of the ASEAN summit, a goof-up by the organisers saw the Indian tricolour being hoisted upside down. The flag, hoisted on a stand alongside that of Japan, was in …
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7th pay panel’s draft report riddled with dissent notes
The seventh Pay Commission’s draft report to determine the new salary structure for the 5.5 million civil servants in the central government has got riddled with several dissent notes. The …
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Hackers stay ahead of banks with lies, phony pet stores
Criminals hoodwinked banks, credit-card networks and a payment-security firm while moving hundreds of millions of dollars, according to the US government. It won’t be easy to stop it from happening …
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BMW buys Chinese firm to drive car leasing business
BERLIN: German auto giant BMW said Wednesday it has acquired Chinese firm Herald Leasing as part of its bid to broaden the business in its biggest market to include car …
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Why is Mumbai such an expensive real estate destination?
India’s commercial capital is known to be the hub of expensive residential apartments. Be it expensive trophy properties in South Mumbai or basic 1 bedroom-hall-kitchen in the suburbs, Mumbai’s real …
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Chinese real estate developers eye opportunities in India to float JVs for big projects
After global private equity and sovereign funds, now Chinese developers are eyeing investment opportunities in India’s property sector. A team from international property consultancy JLL is holding exploratory talks with …
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Deepika Padukone on Wage Gap in Bollywood, Roles in Hollywood Films
“I am not unhappy with what I am being paid. For me its important that I do good work. Salman, Shah Rukh and Aamir have been around for so long. …
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Why technology spending isn’t all its cracked up to be: Study
Large companies often spend a good deal of money on cultivating their technology, but a new study suggests nearly 70 percent of what they spend may be misallocated. In a …
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Business leaders draw lessons from Rajini films
What can entrepreneurs learn from superstar Rajinikanth? Apparently, a lot. Start-up superstars — who attended an unusual session, ‘Entrepreneurship Lesson from Superstar Rajinikanth’s Career’ by actor and management trainer Mohan …
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Chhota Shakeel tipped off cops about Chhota Rajan’s fake passport
If you can’t beat them, turn them in — perhaps this is what underworld don Dawood Ibrahim’s deputy Chhota Shakeel was thinking as he was thwarted in yet another attempt …
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It takes 29 days to start a new business in India: World Bank report
India might have become a better place for starting a business but it still takes 29 days and over 12 procedures to begin a venture. Marking a significant improvement, India …
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Ease of doing business: Govt clears 2 ordinances for speedy settlement of commercial disputes
NEW DELHI: The government today cleared two ordinances for speedy settlement of commercial disputes in the country, giving a fresh impetus to ease of doing business. The Union Cabinet, chaired …
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