India Finance and Business news

(Updated Every 15 minutes)
Share    

CAG puts spanner on GE's diesel loco manufacturing unit in Bihar
Business Standard Putting a spanner on US giant General Electric's diesel locomotives manufacturing unit in Bihar's Marhowra, the Comptroller and Auditor General (CAG)has said that the project was not "in sync with the overall strategic vision of railways. Diesel ... ---

Supreme Infrastructure India#39;s board meeting on May 30, 2018
Supreme Infrastructure India#39;s board meeting on May 30, 2018 We would like to inform you that the meeting of the Board of Directors of Supreme Infrastructure India will be held on Wednesday, May 30, 2018, to consider and approve the Standalone and Consolidated Audited Financial Results for the year ended March 31, 2018.

ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...

India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Former BJP MP Chandan Mitra, 4 Cong MLAs join TMC
Former BJP MP Chandan Mitra, 4 Cong MLAs join TMCFormer RS member of the BJP, Chandan Mitra, and four Congress MLAs in the West Bengal Assembly joined TMC in presence of Chief Minister Mamata Banerjee.

Equity market gains with Nifty closing over 11,000; rupee recovers from record low
Equity market gains with Nifty closing over 11,000; rupee recovers from record low. Read full details

L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
L.L. Bean rebuffs boycott over granddaughter’s big Trump donationA man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.