Business

May 29, 2014 8:38 AM

Amway India CEO in AP police custody

The Khammam police in Andhra Pradesh has taken Amway India CEO William Scott Pinckney into custody following registration of a case against the company.Amway is facing nine criminal cases at various places in Andhra Pradesh. A court in Kurnool district rejected Pinckney's bail petition and ...

May 28, 2014 7:57 PM

Tesco gets CCI approval for Trent Hyper market stake purchase

The Competition Commission of India has cleared British retail major Tesco's purchase of a 50 per cent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012.The approval by the Commission comes when a political deb...

May 28, 2014 7:56 PM

CCI clears purchase of 50% stake in Tata Group firm Trent Hyper market

The Competition Commission of India has cleared British retail major Tesco's purchase of a 50 per cent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012.The approval by the Commission comes when a political deb...

May 28, 2014 2:37 PM

Rs 150 cr mega food park in Ludhiana to boost food processing

Punjab Chief Minister Parkash Singh Badal today gave in-principle approval for setting up a 150-crore rupees mega food park at Ladowal in Ludhiana to promote food processing industry in the state.The CM has asked Punjab Agro Industries Corporation (PAIC) to finalise the Detailed Project Report (DPR)...

May 28, 2014 2:09 PM

Rs 150 cr mega food park in Ludhiana to boost food processing sector

Punjab Chief Minister Parkash Singh Badal today gave in-principle approval for setting up a 150-crore rupees mega food park at Ladowal in Ludhiana to promote food processing industry in the state.The CM has asked Punjab Agro Industries Corporation (PAIC) to finalise the Detailed Project Report (DPR)...

May 28, 2014 2:04 PM

SC allows foreign arbitration in Reliance vs Centre case

In relief to Reliance Industries, the Supreme Court today allowed the plea of Reliance Industries Ltd for arbitration in London in its dispute with the Union Government over royalties and taxes in Panna, Mukta and Tapti oil & gas fields on western coast.The apex court quashed Delhi High Cour...

May 28, 2014 1:21 PM

Delhi court fixes date for hearing in additional spectrum case

A special Delhi court today fixed September 15 for hearing the additional spectrum case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.The Special CBI Judge adjourned the proceedings after the counsel appearing for the accused said ...

May 28, 2014 1:14 PM

Japan-B'desh launch new partnership agreement

Bangladesh and Japan have launched the 'Japan-Bangladesh Comprehensive Partnership Agreement' taking the relationship between the two countries to a new height. The new Partnership Agreement was signed during a bilateral meeting between Prime Minister Sheikh Hasina and her Japanese...

May 28, 2014 1:06 PM

Japan-B'desh launch new partnership agreement; Tokyo to up aid by $ 6bn

Bangladesh and Japan have launched the 'Japan-Bangladesh Comprehensive Partnership Agreement' taking the relationship between the two countries to a new height. The new Partnership Agreement was signed during a bilateral meeting between Prime Minister Sheikh Hasina and her Japanese...

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