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Ahead of Economic Survey, Sensex, Nifty touch fresh highs

Ahead of Economic Survey, Sensex, Nifty touch fresh highs

Key indices Sensex and Nifty touch all-time high ahead of the Economic Survey which will be presented on first day of the Budget Session of the Parliament, which is scheduled to be start on January 29.

At 9:27 AM, BSE Sensex was up by 200 points to trade at 36,290.39 while Nifty was trading at 11,130.75.

India losing productivity worth billions of dollars due to cancer

India losing productivity worth billions of dollars due to cancer

Brazil, Russia, India, China and South Africa are losing billions of dollars in productivity due to cancer, according to a research paper published in the Journal of Cancer Epidemiology. India ranks second in such losses.

The emerging economies collectively lost nearly $46.3 billion in 2012 on account of cancer-related deaths that could have been prevented with proper treatment and adequate infrastructure, said the paper.

Bitcoin, cash vaults: At Davos, Indian HNIs get pitches for new safe havens

Bitcoin, cash vaults: At Davos, Indian HNIs get pitches for new safe havens

As a large number of Indian HNIs and their representatives went around Swiss ski resort town of Davos for attending the annual WEF summit last week, they also got several pitches on the margins for two new 'safe and promising havens' -- cryptocurrencies and cash vaults.

Cash vaults, which are huge in size unlike the typical bank lockers in India and can contain not just cash but also gold, data, paintings and sculptures, are big business in Switzerland and are not just limited to banks, with several stand-alone entities offering these services.

DLF plans to launch QIP of shares by April; raise Rs 45-50 billion

DLF plans to launch QIP of shares by April; raise Rs 45-50 billion

DLF, the country’s largest developer by market value, is looking to launch its qualified institutional placement (QIP) of shares by April this year, a source said.

DLF has already received approval from shareholders to sell 173-million equity shares, which will be determined by the formula laid down by the market regulator Securities and Exchange Board of India.

AIR ties up with Amazon: Now access All India Radio through voice command from anywhere in the world

AIR ties up with Amazon: Now access All India Radio through voice command from anywhere in the world

Listeners can now tune into All India Radio (AIR) by giving a voice command from anywhere in the world, thanks to a recent partnership between the public broadcaster and Amazon Echo service. With the latest move, AIR looks at expanding its reach with the help of new age technology. In order to avail the ‘voice on demand’ service, the listeners need to buy ‘Echo’ device from the e-commerce platform of Amazon. “Now, people across the world can access local and global services of AIR through a voice command on Amazon Echo,” AIR Director General F Sheheryar said.

Can India be in top 50 on ease of biz index? Arun Jaitley says ‘reasonably possible’

Can India be in top 50 on ease of biz index? Arun Jaitley says ‘reasonably possible’

Improving India's ranking in the World Bank's ease of doing business index is "reasonably possible" if various machineries, including the tax department, make concerted efforts to improve the three laggard parameters, Finance Minister Arun Jaitley said today.

He also said that WTO talks have not made much headway in most areas except trade facilitation, which helps cut costs and make it more efficient.

63 dead, over 140 injured after massive blast rocks Afghanistan's Kabul; Taliban claims responsibility

63 dead, over 140 injured after massive blast rocks Afghanistan's Kabul; Taliban claims responsibility

At least 63 people were killed and over 140 wounded after the explosion hit an area of the Afghan capital Kabul on Saturday near many foreign embassies and government buildings.

The explosion occurred at the Sadarat square in center of the city, a week after a deadly attack on the Intercontinental Hotel.

Hyderabad Metro: DMRC to prepare detailed project report for Phase II

Hyderabad Metro: DMRC to prepare detailed project report for Phase II

The Delhi Metro Rail Corporation (DMRC) has been entrusted with the task of preparing the Detailed Project Report (DPR) for Phase II expansion plan of the Hyderabad metro rail project.

"On the instructions of Chief Minister K Chandrasekhar Rao that Metro Rail Phase II expansion exercise shall start immediately, the Detailed Project Report (DPR) preparatory work was entrusted to Delhi Metro Rail Corporation (DMRC)," the Hyderabad Metro Rail Ltd (HMRL) has said.

Idea seeks government nod for raising FDI limit to 100%

Idea seeks government nod for raising FDI limit to 100%

New Delhi: Telecom operator Idea Cellular has approached the government for raising foreign direct investment (FDI) level in the company to 100%.

“Application made to DIPP (Department of Industrial Policy and Promotion) for 100% FDI in Idea,” the company said in an investor presentation.

Mahindra to make vehicles in Detroit from March

Mahindra to make vehicles in Detroit from March

DETROIT: Mahindra & Mahindra (M&M) is set to launch offhighway vehicles and SUVs in the US, becoming the first Indian manufacturer to produce vehicles in Detroit. M&M will begin production in Detroit from March to roll out an offhighway vehicle that will be sold across the US.

Simultaneously, M&M's Korean subsidiary Ssangyong has started preliminary work to identify and launch SUVs in US. "This is something that the Mahindra group is pursuing very aggressively.

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