India Business News
Domestic passenger car sales declined 1.71 percent to 87,724 units in July - the first decline in about three years - a report of the industry trade body released Monday said.
The Indian equities markets continued their gaining rally and ended the day with a modest gain on the back of firm global cues and further fall in crude oil prices.
After winning India's first individual gold at the Olympics, Abhinav Bindra can charge at least Rs.20 million ($500,000) per endorsement - an amount commanded by top Indian cricketers, says the sports management firm that handles his affairs.
Global private equity firm and leveraged buyout specialist WL Ross and Co. LLC will infuse $100 million (Rs.4.2 billion) in Indian low-cost carrier SpiceJet Ltd, a Spicejet statement said Monday.
The Indian equities market closed in green.
The state-owned Bank of Baroda Monday raised its benchmark prime lending rate by 75 basis points to 14 percent with immediate effect.
Corporate honchos from the country's IT hub ran for the cause of underprivileged children.
Indian equity markets stayed in the green early Monday afternoon. There was buying interest in banking, realty, oil and gas and PSU stocks.
Indian equity markets, which opened higher Monday following firm global cues and fall in crude oil prices, were in the green in early trade.
Star prices in the Tamil film industry have sky rocketed ever since Mumbai's corporate world entered the field,
Rat meat may soon be available in hotels as a delicacy. Rat farming, akin to rearing poultry, would be given to the poor Musahar community of Bihar as a means for their socio-economic upliftment as well as promote a new kind of food item in urban pockets.
India's efforts to boost domestic production of uranium are likely to get a boost, with the authorities Sunday launching the work on uranium mine and mill in Andhra Pradesh's Kadapa district.
Playwright and Jnanpeeth Award winner Girish Karnad Sunday joined a protest here against ban on live music and dance in the famed pubs and discos of India's IT hub.
IT solutions provider Ontrack Systems Ltd has agreed to acquire US-based IT firm IQ Technologies LLC along with its wholly-owned subsidiary FAST India (Pvt) Ltd.
India's eight northeastern states are working jointly to make the region's power system economic, efficient and reliable, Tripura Power Minister Manik Dey said here Sunday.

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