NEW DELHI: Tata Motors-owned Jaguar Land Rover said on Monday it will start assembling of one variant of its luxury sedan XF in India, thereby bringing down the starting price of the model by over Rs 12 lakh. The variant, which will be the second JLR model in India, with a 2.2 litre diesel engine

Sony announced Japan Ye Electronics, said it sold a building consisting of 37 floors were used as its headquarters in New York for $ 1.1 billion.and after paying debts and other costs, will be recorded Sony about $ 685 million dividend operational from the sale, and struggling company suffering from

Air India on Thursday grounded all the six Boeing 787 Dreamliners in its fleet after a global directive by U.S. regulator, Federal Aviation Administration, to stop operations of all the 50 such planes delivered so far to various airlines. The FAA directive was immediately adhered to by aviation r

[caption id="attachment_22094" align="aligncenter" width="475"] Image Credit: Supplied picture[/caption] Tokyo: Japan’s two biggest airlines Wednesday grounded all their Dreamliners after an emergency landing by an ANA flight, but carriers insisted that Boeing’s troubled next-generation plane was

  Company announced IBM U.S. specializing in manufacturing products and electronic devicesfor access to a record number of patents reached 6478 invention in the areas of data analysis, and massive data, and information security, cloud computing, and mobile phones , and social networking, and enviro

BEIJING: Google chief  Eric Schmidt followed by Apple Inc's CEO Tim Cook has visited China in an attempt to expand their presence in the Chinese market. Schmidt's visit is being closely watched by the IT sector as Google has been facing serious problems in China with their gmail accounts getting par

  [caption id="attachment_21156" align="alignnone" width="274"] Infosys[/caption]   BANGALORE: After disappointing the markets and analyst community for over eight consecutive quarters,  Infosys did exactly the opposite in the December quarter. But its people addition in the quart

Shares in Infosys closed up 16.8 per cent on Friday after stronger-than-expected third-quarter results and an unexpected rise in its fiscal year revenue estimate, adding $4.07 billion to its market capitalisation, more than the gross domestic product (GDP) of Fiji. Infosys' 16.8 per cent jump alm

MUMBAI: The rupee rose for a third session on Thursday, its biggest winning streak in over a month, as continued capital inflows helped absorb steady dollar demand from oil refiners. The rupee was also helped by a late surge in the euro which hit a session high in European trade after good demand

The Government’s decision to hike railway fares which will help in achieving fiscal consolidation, failed to enthuse investors sentiment in today’s trade. After a positive start, the Indian market failed to keep the momentum going  and finally ended in the red. BSE Sensex closed 3.04 points down

MUMBAI: Domestic auto-maker Mahindra has forayed into the motorcycle segment with two 110 cc models. Mahindra Two wheelers Ltd, the two wheeler arm of Mahindra group, previewed two new motorcycles -- Centuro and Pantero -- at a function on Friday evening. "Pantero should be out in the next cou

If Kingfisher Airlines would like to forget the year gone by, Air India, the other beleaguered airline, had some good news come its way. The government, in its capacity as the airline’s owner, finally decided to infuse Rs 30,000 crore by way of equity, restructuring of existing loans and according s

Bangalore: Jan 1, 2013 DH News Service Will have to renew permit within 2 years The flying licence of Kingfisher Airlines (KFA), a UB group company, expired on December 31, consequent to the airline’s inability to come up with a convincing revival plan, especially on its financials. The Directo

New Delhi, Dec 31, 2012 , DHNS Direct Benefits Transfer (DBT) scheme, the ambitious programme of the Centre to give subsidy and scholarship amounts directly to beneficiaries, will be rolled out in 20 districts of seven states, including three in Karnataka, and two Union Territories on Tuesday. T

New Delhi, Jan 1, 2013 (PTI) The government today slashed the import tariff value of gold and silver marginally to USD 539 per 10 gm and USD 979 per kg, respectively, amid volatile movement in the global prices of precious metals. The tariff value, which is released fortnightly, is the base pric

NEW DELHI: Finance Ministry today sought more information from IKEA for its India investment plans and will take up the Swedish furniture major's proposal to open cafeterias at its proposed mega retail outlets next week. "IKEA's proposal will be taken up next week," Economic Affairs Secretary Arv

The UAE is all set to welcome the world’s largest container ship — CMA CGM Marco Polo — as it charts its maiden voyage across the Arabian Gulf in the New Year and makes Khorfakkan port her first call in the Middle East. At 396 metres long (approximately the length of four standard football pitche

Dubai’s government has announced its budget for 2013 with more than Dh34.12 billion expenditures and nearly eight per cent increase in public revenue. His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Monday approved Dubai’s fi