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 Mobile commerce may overtake e-commerce soon
36 Views, 31-03-2015, Courtsey News Live

Mobile commerce is likely to overtake e-commerce in the next few years, spurred by the continued uptrend in online shopping and increasing use of mobile apps, says an industry report.   "It is estimated that the mobile app download would grow sixfold by the end of this year to 9 billion ...Read more

 Supreme Court to decide future of Sahara Group on Monday
53 Views, 23-03-2015, Courtsey News Live

The Supreme Court will decide the future of conglomerate Sahara later on Monday, when it rules on whether time has run out for the controversial business empire to raise the $1.6 billion it needs to free its jailed chief.   The top court last week gave Sahara, a sprawling conglomerate that ra...Read more

 Sebi says procedural aspects of FMC merger being worked out
73 Views, 22-03-2015, Courtsey News Live

Capital markets regulator Sebi on Friday said the proposed merger of commodities watchdog FMC with it is on track and it is coordinating with Finance Minister Arun Jaitley to ensure a smooth transition.   "There are one or two minor suggestions which we have made to the government. But t...Read more

 Rajya Sabha passes bill to auction mines
47 Views, 20-03-2015, Courtsey News Live

The Rajya Sabha passed a bill on Friday to auction mines that supply minerals like iron ore and bauxite for the first time, in a thumbs up for Prime Minister Narendra Modi`s bid to kickstart an industry that has languished for years.   The passage of the Mines and Minerals Development and Reg...Read more

 India to import Iraqi oil to fill strategic reserves
46 Views, 19-03-2015, Courtsey News Live

 India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.   India`s SPR purchases could temporarily help offset the impact of an expected pau...Read more

 2G PMLA case: Court to record statements of accused on Monday
50 Views, 15-03-2015, Courtsey News Live

A special CBI court here is likely to commence tomorrow the recording of statements of accused, including former Telecom Minister A Raja, DMK MP Kanimozhi and 17 others, in a 2G scam-related money laundering case.   Special CBI judge O P Saini had on March 4 supplied a draft questionnaire con...Read more

 Government cuts import tariff on gold and silver
73 Views, 14-03-2015, Courtsey News Live

The government has slashed import tariff value on gold to USD 375 per 10 grams and silver to USD 512 per kg following weak global price trends.   During the first fortnight of the month, the tariff value on imported gold was fixed at USD 393 per 10 grams and on silver at USD 549 per kg. &nbs...Read more

 Google CFO Patrick Pichette to retire
42 Views, 12-03-2015, Courtsey News Live

Google Senior Vice President and Chief Financial Officer Patrick Pichette on Wednesday announced his plans to retire from the global tech giant.   On his personal Google+ page, the 52-year old announced his plans and said he intends to go backpacking with his wife, Tamar, post retirement. &n...Read more

41 Views, 12-03-2015, Courtsey News Live

Google Senior Vice President and Chief Financial Officer Patrick Pichette on Wednesday announced his plans to retire from the global tech giant.   On his personal Google+ page, the 52-year old announced his plans and said he intends to go backpacking with his wife, Tamar, post retirement. &n...Read more

 Info on black money abroad has led to penalties: Govt
53 Views, 11-03-2015, Courtsey News Live

: "The government has announced in the Budget speech 2015 features of a comprehensive new law to be enacted specifically to deal with black money stashed abroad."   There is no official estimation of amount of black money abroad, he added.   The government had commissioned a ...Read more