in-hotdailynews: 2015-01-03 India Business

Don't buy gold, put that money in banks: PM Narendra Modi
Financial Express
PM Narendra Modi has urged people to invest their money in banks instead of buying gold and keeping it safely. Gold, gold investment, Gold import Gold imports have been a big strain on India's external finances with the CAD rising to 2.1 per cent of GDP ...

Reduce black money through cashless transactions, says Narendra Modi   Daily News & Analysis
Need to channel savings away from gold, PM Narendra Modi tells banks   Economic Times
PM to banks: Back Swachh Bharat   Times of India
The New Indian Express
The Hindu
onlineindiannews
all 58 news articles »

Cyient acquires Rangsons Electronics for Rs 360 crore
Times of India
BENGALURU: Hyderabad-based engineering services company Cyient (formerly Infotech Enterprises) is acquiring a 74% stake in Mysuru-based Rangsons Electronics. Sources familiar with the development put the deal size at $60 million (Rs 360 crore).
Cyient to buy 74% equity stake in Rangsons Electronics   Financial Express
Cyient to buy 74 % stake in Rangsons Electronics   The Hindu
Cyient acquires Rangsons   Deccan Chronicle
New Kerala
Business Standard
all 34 news articles »

TCS staff lay-offs results in mass petition to PM Narendra Modi
Hindustan Times
Even as a mass petition, protest demonstrations and social media campaigns against a purportedly large-scale retrenchment at Tata Consultancy Services (TCS) have emerged, the company maintains there is nothing out of the ordinary. While TCS says ...

Techies Plan Stir against TCS Lay-Off   The New Indian Express
IT forum's protest stopped by police   The Hindu
Alleged lay-offs by TCS: Is it time to unionise the IT sector?   Firstpost
Gulte
all 14 news articles »

'M&As not only way to strengthen state-run banks'
Times of India
PUNE: The government on Friday said it is exploring options beyond consolidation to strengthen public sector banks by reviewing the current structure that they operate in. "This (consolidation) does not necessarily mean that we are only thinking of mergers ...

Bank meet looks beyond mergerscapital   Calcutta Telegraph
India prepares reform road map for state banks   Daily Sabah
Need to rethink public sector banks' strategy: Financial services secretary   Business Standard
Hindu Business Line
Reuters
Chandigarh Tribune
all 71 news articles »

Govt grants Vistara initial exemption from flying to NE, JK, Andamans
Hindustan Times
In a special dispensation granted by the aviation ministry to Tata-Singapore Airlines-backed Vistara, the full-service carrier will not have to comply with the mandatory route dispersal guidelines (RDG), followed by all Indian airlines, for the first three months of ...

IndiGo takes on Vistara, adds flights to Ahmedabad   Business Standard
Mumbai: Domestic terminal ops to be partly shifted to T2   Mid-Day
Vistara faces Jet Airways-AI-IndiGo might as fares drop   TruthDive
Financial Express
all 10 news articles »

Consolidated FDI Policy Paper on March 31
The New Indian Express
NEW DELHI: The next edition of India's consolidated foreign direct investment or FDI policy document is expected to be released on March 31. The Department of Industrial Policy and Promotion, under the Ministry of Commerce and Industry, is the nodal ...

Consolidated FDI policy's next edition to come out on March 31   Economic Times

all 13 news articles »

PE investments surge 47% to $10.9bn in 2014
Times of India
Powered by mega bets on e-commerce, private equity (PE) investments surged 47.3% year-on-year (y-o-y) to $10.9 billion across 436 deals in 2014, the second highest ever in a calendar year. Flipkart, Snapdeal and Olacabs were among the companies that ...

PE investments at 4-year high in 2014: Venture Intelligence   Livemint
PE investments touch four-yearhigh at $10.9 billion in 2014   The Hindu
PE investments bounce back by over 47% to US$10.9bn in 2014   Indiainfoline

all 5 news articles »

Companies commit Rs 83000 crore in 3 years for Bengal
Times of India
MUMBAI: West Bengal chief minister Mamata Banerjee is seeking wider industry participation this year to promote her state as an ideal investment destination. In all, investment commitments of more than Rs 83,000 crore have already been made during the ...

West Bengal government bets on Bengal Global Business Summit to attract ...   Economic Times
Amit scouts in Mumbai as clock ticks on summit   Calcutta Telegraph
Bengal Flaunts Devpt Data to Woo Investors   The New Indian Express
The Hindu
Business Standard
Moneycontrol.com
all 15 news articles »

CBI sets up four teams to expedite Pearls Group probe
Hindustan Times
The Central Bureau of Investigation (CBI) has formed four special teams to fast-track the probe into the Rs. 45,000-crore Ponzi scam allegedly perpetrated by two Delhi-based firms, Pearls Agrotech Corporation Limited (PACL) and Pearls Golden Forest ...

CBI forms 4 special teams to fast-track Pearls' ponzi probe   Times of India
CBI to fast track probe into Pearl group chit fund case   Hindu Business Line
CBI forms 4 teams to push Pearls scam probe   Press Trust of India

all 9 news articles »

Factory activity spurts to 2-year high in December
Daily News & Analysis
The HSBC India Purchasing Managers' Index (PMI), reflecting business activities, registered a two-year high in December, much in contrast with the government's IIP (Index for Industrial Production) data that showed a contraction of 4.2% up to October 2014.
Manufacturing activity at 2-year high: Survey   Times of India
China factory slowdown a force for disinflation   The Star Online
HSBC December PMI grows at fastest pace in 2 years   Firstpost
Reuters
Livemint
Arab News
all 492 news articles »

in-hotdailynews