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Maruti is expecting double-digit growth in FY16: Bhargava

Maruti is expecting double-digit growth in FY16: Bhargava

Maruti Suzuki Chairman R C Bhargava is upbeat that his company will continue to register double-digit sales growth in 2015-16, despite a rise in fuel prices, monsoon concerns and increasing competition for entry-segment cars.

"Maruti expects double-digit growth this year. We saw a good increase in April. There is no serious worry about sales," Bhargava told Business Standard.

Railways to hike AC class fares by 0.5% from Jun 1

Railways to hike AC class fares by 0.5% from Jun 1

Fares for first class and AC class in passenger trains besides freight charges will be increased by 0.5% from June 1 as new service tax will come into effect.

"Currently, 3.708 per cent service tax is levied on train fares for AC Class, First Class and freight. This will go up to 4.2% from June which means the rise is only 0.5%," said a senior Railway Ministry official.

Attack on BSNL towers displays separatists' desperation:Prasad

Attack on BSNL towers displays separatists' desperation:Prasad

Separatists trying to use telecom towers in Jammu and Kashmir indicates their desperation, Telecom Minister Ravi Shankar Prasad said today, while asking the state government to ensure the safety of communications infrastructure.

A spate of attacks against telecom employees and those who have rented out space for installation of mobile towers in their fields has thrown the communication system in north Kashmir's Baramulla into disarray.

Gandhi's photo missing from Rs 10 note

Gandhi's photo missing from Rs 10 note

VIJAYAWADA: Father of the nation Mahatma Gandhi has gone missing in the currency notes of Rs 10 denomination believed to have been printed by the Reserve Bank of India (RBI) in the recent past. The bank notes without Gandhi's image posted on the RBI's official website caused a flutter among the people.

TOI has received several phone calls from netizens from as far-off places as Kurnool with the callers seeking to know the reasons for the RBI's striking departure from the Gandhian legacy in printing and circulation of the currency notes.

Indian Railways to run new train from Kalka to Katra for pilgrims visiting Vaishno Devi shrine

Indian Railways to run new train from Kalka to Katra for pilgrims visiting Vaishno Devi shrine

Catering to the growing demand of pilgrims travelling to the cave shrine of Mata Vaishno Devi, Indian railways will run a new bi-weekly train for Katra from Kalka from June 2.

The inaugural run of Kalka-Shri Mata Vaishno Devi Katra train will be from Kalka at 1.40 PM today and from Katra at 9.30 PM tomorrow, said a senior Northern Railway official.

Sensex reverses 3-week winning run, slides 129 pts

Sensex reverses 3-week winning run, slides 129 pts

In a volatile trade, the benchmark BSE Sensex snapped its last 3-week gaining streak, ending lower 129 points at 27,828.44 due to selling pressure in view of May futures and options expiry and ahead of RBI’s policy meet next week.

The Nifty, too, fell 25.30 points, or 0.30 per cent, to settle at 8,433.65.

Maggi in soup: Centre scanner on Nestle India, UP FDA to file case

Maggi in soup: Centre scanner on Nestle India, UP FDA to file case

The Union ministry of consumer affairs on Friday jumped into the controversy surrounding the reportedly high levels of monosodium glutamate (MSG) and lead in Nestle's famous noodle brand Maggi. It said it had directed the National Consumer Disputes Redressal Commission (NCDRC) and Food Safety and Standards Authority of India to take note, as it concerned the health of a large section of consumers.

“A class action suit can be initiated into the matter if a complaint is made to NCDRC,” consumer affairs minister Ram Vilas Paswan said on Friday.

Flipkart CEO takes a dig at Snapdeal

Flipkart CEO takes a dig at Snapdeal

Call it the Rahul Yadav effect! After the chief executive of Housing.com took on the heads of other e-commerce companies on social media, Flipkart co-founder and chief executive Sachin Bansal reacted on microblogging site Twitter to Snapdeal co-founder and chief operating officer Rohit Bansal’s statement in a news report.

Rohit Bansal had said India didn’t have adequate quality programmers. To this, Sachin tweeted, “Don’t blame India for your failure to hire great engineers. They join for culture and challenge.”

Indian Oil shifts focus to expanding natural gas business

Indian Oil shifts focus to expanding natural gas business

NEW DELHI: Indian Oil Corp (IOC), the country's biggest refiner, is expanding its natural gas business as India, the world's third-largest carbon emitter, aims to cut its dependence on coal and oil

Thirteen of the world's 20 dirtiest cities are in India, with New Delhi taking top spot, a report by the WHO said last year.

Govt confirms fiscal deficit for 2014-15 was 4% of GDP

Govt confirms fiscal deficit for 2014-15 was 4% of GDP

The central government, it was officially confirmed on Friday, managed to rein in its fiscal deficit for 2014-15 at four per cent of Gross Domestic Product (GDP), against the 4.1 per cent pegged in the Budget Estimate (BE) and its Revised Estimate (RE).

Tentative indications in this regard had been issued recently but were awaiting confirmation.

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