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The Financial Express
For many Chinese migrants, the lure of the city is fadingChina is relying on millions of internal migrants taking up jobs in cities to b
For many Chinese migrants, the lure of the city is fading
The Financial Express / Posted moments ago
China is relying on millions of internal migrants taking up jobs in cities to boost the urban population and consumption. (Reuters) After two decades trying to make a life in China’s entrepreneurial city of Wenzhou, Ji Shouquan and his brother... Read more
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The Financial Express
Australia miners merge, hope to boost lithium salesAustralia has seen a stampede of proposals to mine lithium in the past 12 month
Australia miners merge, hope to boost lithium sales
The Financial Express / Posted moments ago
Australia has seen a stampede of proposals to mine lithium in the past 12 months, with more than 20 companies in various stages of development in the Pilbara region of Western Australia state alone. (Reuters) Galaxy Resources and General Mining on... Read more
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Business Standard India
USIBC says US firms keen to invest in India, credits improvement in ease of doing businessAccording to an estimate, US companies have invested $27 billion in India after
USIBC says US firms keen to invest in India, credits improvement in ease of doing business
Business Standard India / Posted 4 minutes ago
According to an estimate, US companies have invested $27 billion in India after the NDA government came to power, said USIBC's president With ease of doing... Read more
3 related stories
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Business Standard India
Extend tax holiday for start-ups to 7 years: Nirmala Sitharaman to FinMinThe commerce and industry minister also said that between June 2014 and January
Extend tax holiday for start-ups to 7 years: Nirmala Sitharaman to FinMin
Business Standard India / Posted 4 minutes ago
The commerce and industry minister also said that between June 2014 and January 2016, FDI equity flow has recorded a growth of 53% Sitharaman said lots of inputs from start-ups... Read more
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Business Standard India
Gujarat NRE Coke Q4 net loss widens to Rs 352 croreThe company had posted a standalone net loss of Rs 82.79 crore in the correspon
Gujarat NRE Coke Q4 net loss widens to Rs 352 crore
Business Standard India / Posted 4 minutes ago
The company had posted a standalone net loss of Rs 82.79 crore in the corresponding quarter of the previous fiscal, Gujarat NRE Coke said in a filing to BSE. The company's net sales marginally reduced to Rs 109.16 crore during the quarter, over Rs... Read more
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Business Standard India
Tata Value Homes raises $25 mn from CDC"Tata Value Homes, a 100 per cent subsidiary of Tata Housing Development Compan
Tata Value Homes raises $25 mn from CDC
Business Standard India / Posted 4 minutes ago
"Tata Value Homes, a 100 per cent subsidiary of Tata Housing Development Company, has raised $25 million through CDC, UK's Development Finance Institution (DFI)," Mumbai-based developer said in a statement. CDC, wholly owned by the UK government,... Read more
2 related stories
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Business Standard India
Mahindra Q4 net up 6% to Rs 583.73 croreIt had posted net profit of Rs 550.56 crore in the January -March period of 201
Mahindra Q4 net up 6% to Rs 583.73 crore
Business Standard India / Posted 4 minutes ago
It had posted net profit of Rs 550.56 crore in the January -March period of 2014-15, M&M said in a regulatory filing. The company's net sales during the quarter under review stood at Rs 10,666.43 crore, up 14.83%from Rs 9,288.88 crore in the... Read more
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Business Standard India
Ganesh Housing surges 20% on 1:2 bonusThe stock locked in upper circuit of 20% at Rs 133 on the BSE . Ganesh Housing
Ganesh Housing surges 20% on 1:2 bonus
Business Standard India / Posted 4 minutes ago
The stock locked in upper circuit of 20% at Rs 133 on the BSE . Ganesh Housing Corporation is locked in 20% upper circuit at Rs 133 on the BSE after the board recommended a 1:2 bonus issue i.e. one equity share... Read more
223 related stories
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Business Standard India
New law on cards to tackle Sahara-like Ponzi scamsHouse may consider a Bill in July that would replace weak rules for credit co-o
New law on cards to tackle Sahara-like Ponzi scams
Business Standard India / Posted 4 minutes ago
House may consider a Bill in July that would replace weak rules for credit co-operatives operating in more than one state Unscrupulous operators have bilked savers of billions of dollars by running... Read more
3 related stories
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Business Standard India
'If firm reimburses parent entity abroad, no service tax due'Service tax is payable by service provider if service is in relation to immovab
'If firm reimburses parent entity abroad, no service tax due'
Business Standard India / Posted 4 minutes ago
Service tax is payable by service provider if service is in relation to immovable property located in taxable territory We have availed the services of a real estate agent in connection... Read more
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Business Standard India
Torrent Pharma plans 50% increase in R&D spend as it focuses on regulated mktsTorrent Pharma plans 50% hike in R&D spend, focuses on regulated mktsThe firm p
Torrent Pharma plans 50% increase in R&D spend as it focuses on regulated mkts
Business Standard India / Posted 4 minutes ago
Torrent Pharma plans 50% hike in R&D spend, focuses on regulated mktsThe firm plans to launch 10 new products in the US in 2016 With an eye on cracking the regulated markets, Ahmedabad-based pharma giant Torrent Pharmaceuticals Ltd is all set to up... Read more
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Business Standard India
S&P and Fitch downgrade RoltaS&P, Fitch downgrade RoltaS&P Global Ratings on Monday lowered its long-term co
S&P and Fitch downgrade Rolta
Business Standard India / Posted 4 minutes ago
S&P, Fitch downgrade RoltaS&P Global Ratings on Monday lowered its long-term corporate credit rating on Rolta India to 'CCC-' from 'B+' Mid-cap IT services and solutions firm Rolta's shares touched a low of 5% during intra-day trading as S&P Global... Read more
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Business Standard India
Nifty ends at 8-month high; Coal India up 4%, BHEL falls 6%Benchmark share indices ended higher for the fifth straight session after gains
Nifty ends at 8-month high; Coal India up 4%, BHEL falls 6%
Business Standard India / Posted 4 minutes ago
Benchmark share indices ended higher for the fifth straight session after gains in IT majors helped offset losses in select index heavyweights. Above-normal monsoon forecast, better than expected Q4 numbers and strength in rupee helped indices to... Read more
223 related stories
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Daily Herald
Eurozone economic sentiment improves for second monthBRUSSELS -- Confidence in the economy of Europe's 19-country eurozone is up acr
Eurozone economic sentiment improves for second month
Daily Herald / Posted 7 minutes ago
BRUSSELS -- Confidence in the economy of Europe's 19-country eurozone is up across the region for a second successive month thanks in particular to greater optimism among consumers. The Economic Sentiment Indicator, a monthly survey by the European... Read more
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New Kerala
Karnataka: Infosys launches household biogas digester project in Ramanagara district - newkerala.com #69904Bangalore, May 30 : Infosys, on Monday, announced the launch of a household bio
Karnataka: Infosys launches household biogas digester project in Ramanagara district - newkerala.com #69904
New Kerala / Posted 9 minutes ago
Bangalore, May 30 : Infosys, on Monday, announced the launch of a household biogas project in Ramanagara district in Karnataka. Under the project, Infosys will build 7,620 household biogas units and provide an equal number of biogas stoves to as many... Read more
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New Kerala
Apple's plea to waive off local sourcing under study: newkerala.com #69907New Delhi, May 30 : The government said on Monday it was discussing US tech gia
Apple's plea to waive off local sourcing under study: newkerala.com #69907
New Kerala / Posted 9 minutes ago
New Delhi, May 30 : The government said on Monday it was discussing US tech giant Apple Inc's foreign direct investment (FDI) application that seeks exemption from the norm on compulsory local sourcing. "We took a line that we wouldn't mind waiving... Read more
11 related stories
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New Kerala
Short covering lifts equity markets - newkerala.com #69913Mumbai, May 30 : Short covering, along with expectations of healthy quarterly r
Short covering lifts equity markets - newkerala.com #69913
New Kerala / Posted 9 minutes ago
Mumbai, May 30 : Short covering, along with expectations of healthy quarterly results, nudged the Indian equity markets higher on Monday. The key indices oscillated in a narrow range after three days of sharp up-move. They provisionally closed with... Read more
7 related stories
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CNET
Apple's plan to sell used iPhones in India officially gets rejectedIf Apple wants to bolster its presence in India, it will have to find ways othe
Apple's plan to sell used iPhones in India officially gets rejected
CNET / Posted 9 minutes ago
If Apple wants to bolster its presence in India, it will have to find ways other than selling old iPhones. At a press conference in New Delhi on Monday, India's commerce and industry minister Nirmala Sitharaman said that the government has rejected... Read more
11 related stories
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The Globe and Mail
‘Buyer gridlock’: If Toronto and Vancouver homes were on a Monopoly boardIf you plan to buy a home in Toronto or Vancouver, you’ll be paying what Toront
‘Buyer gridlock’: If Toronto and Vancouver homes were on a Monopoly board
The Globe and Mail / Posted 11 minutes ago
If you plan to buy a home in Toronto or Vancouver, you’ll be paying what Toronto-Dominion Bank says are St. James Place prices for Baltic Avenue properties, feeding into “buyer gridlock” in Canada’s two hottest housing markets. TD’s chief economist,... Read more
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iol.co.za
Frameworks prevent data manipulationIn an article published in Business Report on May 26, 2016, your correspondent
Frameworks prevent data manipulation
iol.co.za / Posted 13 minutes ago
In an article published in Business Report on May 26, 2016, your correspondent quotes Colen Garrow asking if “South Africa (is) manipulating its gross domestic product figures and other data in order to achieve a favourable outcome (with respect to... Read more
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iol.co.za
June petrol price increase announcedCape Town - The price of petrol will increase by 52 cents a litre and the diese
June petrol price increase announced
iol.co.za / Posted 13 minutes ago
Cape Town - The price of petrol will increase by 52 cents a litre and the diesel price by 76 cents on Wednesday, the department of energy announced on Monday. It said the hike was informed by the price increase of petroleum products on international... Read more
2 related stories
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AllAfrica.com
Mass Houses' Allocation Resumes At the CoastMinister of Urban and Rural Development Sophia Shaningwa resumed the allocation
Mass Houses' Allocation Resumes At the Coast
AllAfrica.com / Posted 17 minutes ago
Minister of Urban and Rural Development Sophia Shaningwa resumed the allocation of houses under the mass housing programme over the weekend when she handed over 17 houses in Walvis Bay, 44 houses in Swakopmund and others in Henties Bay. Shaningwa... Read more
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AllAfrica.com
Privatisation - Firm Sues Nnaji's Geometric PowerAn indigenous manufacturing company, NIFEX Limited has sued the firm of former
Privatisation - Firm Sues Nnaji's Geometric Power
AllAfrica.com / Posted 17 minutes ago
An indigenous manufacturing company, NIFEX Limited has sued the firm of former Minister of Power, Barth Nnaji over the non-refund of its $1 million for the purported acquisition of shares in the Eastern Electric Nigeria Ltd. In a writ of summons... Read more
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DW
Late Zurich Insurance CFO Wauthier not subjected to 'undue pressure' by Ackermann |Former Zurich CFO Pierre Wauthier was found dead on August 26 at his home in Wa
Late Zurich Insurance CFO Wauthier not subjected to 'undue pressure' by Ackermann |
DW / Posted 17 minutes ago
Former Zurich CFO Pierre Wauthier was found dead on August 26 at his home in Walchwil, Switzerland, in what police said was an apparent suicide. He left behind a typed note, blaming the insurer's then chairman Josef Ackermann for putting him under... Read more
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AllAfrica.com
One Year in Office - Buhari's Achievements On EconomyImplementation of the Treasury Single Account (TSA) has provided greater visibi
One Year in Office - Buhari's Achievements On Economy
AllAfrica.com / Posted 17 minutes ago
Implementation of the Treasury Single Account (TSA) has provided greater visibility of government revenues and cash flows. Between June 2015 and April 2016, the Federal Government TSA collection clocked N3trillion. To further instill fiscal... Read more
21 related stories
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asianage
Missiles, copters, subs - Anil Ambani's ambitious defence planReliance Group Chairman Anil Ambani. (Photo: AP) New Delhi: Anil Ambani's Reli
Missiles, copters, subs - Anil Ambani's ambitious defence plan
asianage / Posted 17 minutes ago
Reliance Group Chairman Anil Ambani. (Photo: AP) New Delhi: Anil Ambani's Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn't stopping the Indian tycoon from seeking to win contracts to... Read more
3 related stories
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AllAfrica.com
Economy - Buhari's Body Language Has Failed to Fix Economy One Year After But...When President Buhari came into office on May 29, 2015, the economy had some cr
Economy - Buhari's Body Language Has Failed to Fix Economy One Year After But...
AllAfrica.com / Posted 17 minutes ago
When President Buhari came into office on May 29, 2015, the economy had some cracks in its walls. It was like a walking shadow shielded by the high price of crude oil. How deep the crack was, no one could tell at the time because of the smoke screen... Read more
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AllAfrica.com
EAC's U.S.$100 Million Budget Underlines Health and Infrastructure Among Key PrioritiesThe East African Community yesterday presented budget estimates for the Financi
EAC's U.S.$100 Million Budget Underlines Health and Infrastructure Among Key Priorities
AllAfrica.com / Posted 17 minutes ago
The East African Community yesterday presented budget estimates for the Financial Year 2016/2017 to the East African Legislative Assembly sitting in Arusha. The budget, which totaled to $101,374,589, was presented by Tanzania's deputy minister for... Read more
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Decclan Chronicle
66 Chinese herbs listed in European PharmacopoeiaBeijing: Sixty-six Chinese medicinal herbs have been added to the European Phar
66 Chinese herbs listed in European Pharmacopoeia
Decclan Chronicle / Posted 17 minutes ago
Beijing: Sixty-six Chinese medicinal herbs have been added to the European Pharmacopoeia, an authoritative reference work for quality control of medication, after undergoing "strict examination" and gaining approval from all signatory states. This... Read more
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AllAfrica.com
Justice Institutions Get 2 Percent Budget Allocation IncreaseKampala — Seventeen institutions that are mandated with dispensing justice in t
Justice Institutions Get 2 Percent Budget Allocation Increase
AllAfrica.com / Posted 17 minutes ago
Kampala — Seventeen institutions that are mandated with dispensing justice in the country have got a nominal increase of two per cent in this new budget allocation of financial year 2016/17. According to budget projections that Daily Monitor has... Read more
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