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Focus on service exports

The Narendra Modi-government is likely to present a five-year foreign trade policy tomorrow that will lay stress on the export of services and branded products.   | Read..

Industry wish list

Indian traders are expecting the Union government to focus on promoting manufacturing exports and developing services trade as part of the foreign trade policy to be...   | Read..

SBI to divest stake in life insurance arm

The State Bank of India has decided to divest up to a 10 per cent stake in its life insurance arm.   | Read..

Snapdeal buys RupeePower

E-commerce player Snapdeal has bought a majority stake in online financial services company RupeePower for an undisclosed amount through a cash-and-stock deal.   | Read..

Philips sells lighting unit

Philips has agreed to sell an 80.1 per cent stake in its lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek to expand the...   | Read..

Weak core show

The growth rate of eight core sector industries fell to a 17-month low of 1.4 per cent in February because of a decline in the output of crude oil and natural gas.   | Read..

Lifeline for fertiliser plants

The cabinet today approved the revival of two closed fertiliser plants in Uttar Pradesh and Bihar at an investment of up to Rs 12,000 crore and by using the 2,000-km...   | Read..

HCL Tech sees dip in dollar revenues

HCL Technologies, the country's fourth largest software services firm, today said its dollar revenue for the January-March quarter would see an "adverse impact"...   | Read..

Cross pens growth strategy

Cross, a 170-year old US-based fine writing instrument and stationery maker, will launch leather accessories in India in April.   | Read..
Industry wish list

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