India Business News

launched in April 2008, under which someone trading his old car for a new one gets a sizeable discount on the new vehicle -- has played a key role in the revival of India's exports in recent months. It has...

British luxury car maker Rolls-Royce Group launched its latest car ‘Ghost’ in Delhi on Friday at a price upwards of Rs 2.5 crore. Bookings for the Ghost have begun though deliveries will start only in the first quarter of 2010....

UK-based mobile major Vodafone has sought an extension until January 29 next year to reply to a tax claim notice issued last month by the Income-Tax Department, the Lok Sabha was informed. On October 30, 2009, the Income-Tax Department issued...

Cellular service provider Tata Teleservices said it has become the top grosser of subscribers for the third consecutive month, with over 3.8 million new mobile users in October...With the latest addition, it has crossed the 50-million subscriber milestone in October....

Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation....

Delhi, Mumbai, Kolkata and category ‘A’ circles such as Maharashtra, Karnataka, Tamil Nadu, Gujarat and Andhra Pradesh will be allowed number portability from December 31 while the rest of the country will have the facility from March next year. Several...

Consumer Product Safety Commission announced a voluntary recall of Cost Plus World Market stainless steel cookware due to a burn hazard. The handles on the stainless steel pots and pans imported from India by Cost Plus Inc. of Oakland, Calif.,...

Once we (USE) start functioning, BSE will cease to operate in that segment," USE Managing Director and Chief Executive Officer T S Narayanasami said. USE has already received the in-principle approval from the market regulator to start functioning but, the...

The broader S&P CNX Nifty of the National Stock Exchange (NSE) too moved up 1.07 percent or 53.5 points from its last weekly close to end at 5,052.45 points. Broader market indices added to their weekly tally as well, with...