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October 25, Saturday 2014 8:43 PM       
       HEADLINES: Boy dies after tree falls on shed                                              One held for vandalizing hotel                                              Flights land safely in Nedumbassery after bomb threat                                              Murder in train: Malappuram native in custody                                              B V Pavanan bags award for best assembly reporting                                              Cong Minister resigns from Omar Abdullah ministry                                              Gadkari, Fadnavis meet RSS chief ahead of Modi's arrival in Mumbai                                              Netaji deputy and Nehru's old friend was a Soviet spy, British documents reveal                                              India likely to strike deal with Vietnam for oil exploration                                              16 killed in China coal mine collapse                                              Two killed, four injured in US school shooting                                              Iran hangs woman in defiance of international campaign                                              Google exec makes record skydive from edge of space                                              Dhoni new owner of HHIL's Ranchi franchise                                              Saina ousted from French Open quarters                                              Kaumudi Facebook
       BUSINESS  
         Cafe Coffee Day ordered to slam doors on QNet reps    
 
 
MUMBAI: As part of efforts to stop alleged illegal activities of Hong Kong-based multi-level marketing company QNet, accused of involvement in a Rs 425-crore fraud, Mumbai police has ordered popular coffee shop Cafe Coffee Day (CCD) to shut doors to representatives of the controversial firm.

 
         Bottlenecks need to be cleared to woo private investments:CEA    
 
 
WASHINGON: Acknowledging that private investment is stifled in India due to "lots of regulations" and also scarcity of coal and electricity, new Chief Economic Adviser Arvind Subramanian has said that removing these bottlenecks will be key to kick start growth in the country.

 
         US prosecutor honoured for probe against Infosys    
 
 
WASHINGTON: A US prosecutor who successfully investigated a precedent-setting work visa fraud case against Infosys, resulting in the Indian IT giant paying a whopping USD 34 million in fine, has been recognised by Secretary of Homeland Security Jeh Charles Johnson for his work.

 
         'Cloud' lifts Microsoft earnings above expectations    
 
 
SAN FRANCISCO: Microsoft today reported quarterly profits ahead of most expectations, as revenues got a boost from its Xbox consoles and Internet "cloud" services for enterprises.

 
         Oil prices down in Asia    
 
 
SINGAPORE: Oil prices tanked further in Asian trade today as a crude supply glut overshadowed news that China's key manufacturing sector picked up slightly, analysts said.

 
         Gold, silver fall on eve of Diwali    
 
 
NEW DELHI: After two days of gains, gold prices fell by Rs 75 to Rs 27,850 per ten grams on the eve of Diwali in the national capital today owing to slackened demand from jewellers and retailers at existing higher levels amid a weak trend overseas.

 
         Sensex extends gains, up 212 pts in early trade    
 
 
MUMBAI: The benchmark BSE Sensex today rose over 212 points in early trade on the last trading session of the Samvat Year 2070, extending gains for the fourth straight day on increased capital inflows amid the government announcing a slew of economic reforms.

 
         Revised GST Bill in Winter Session: Jaitley    
 
 
NEW DELHI: Finance Minister Arun Jaitley today said the revised Constitution Amendment Bill to roll out GST would be introduced in the forthcoming Winter Session of Parliament. He also said the first "tranche" of compensation to states for their revenue loss arising due to phasing out of Central Sales Tax (CST) may also be taken up in the Winter Session.

 
         Festive hiring to help create 4.5 lakh new jobs in Oct-Dec qtr    
 
 
NEW DELHI: Its raining jobs this festive season as the October-December quarter is likely to create as many as 4.5 lakh vacancies thanks to a significant uptrend in demand from sectors such as e-commerce, hospitality and retail, experts say.

 
         Sensex at over 1-wk high, Nifty regains 7,900 mark on reforms    
 
 
MUMBAI: Markets rose for the third straight session today with Sensex gaining 146 pts to end at over one-week high of 26,575.65 and Nifty jumping 48 points to regain 7,900-mark led by power, metal and banking stocks after government laid a broad roadmap for coal mine allocation.

 
         SpiceJet announces another low-fare offer    
 
 
NEW DELHI: SpiceJet today continued with its galore of special offers announcing yet another limited- period discounted one-way domestic fare offer, ranging from all-inclusive fares of Rs 899 to Rs 2,499.

 
         Sitharaman raps Coffee Board for poor performance    
 
 
BANGALORE: Commerce and Industry Minister Nirmala Sitharaman today expressed disappointment over the functioning of the Coffee Board saying that the organisation lacks robustness and it should improve its performance.

 
         NDA govt reforms aimed at ensuring ease of business: US envoy    
 
 
CHENNAI: The NDA government's proposed economic reforms aimed at ensuring ease of business in the country will encourage more global firms to set up shop and expand here, US Ambassador to India Kathleen Stephens said.

 
         Sensex ends 321 points up; auto stocks up    
 
 
MUMBAI: After losing 0.71 percent in the last weekly trade session, a benchmark index of Indian equities markets Monday provisionally closed the day's trade 321.32 points or 1.23 percent up as automobile, banks, capital goods, oil and gas and metal stocks gained.

 
         US-India trade body to partner in Vibrant Gujarat summit    
 
 
WASHINGTON: The US-India Business Council (USIBC) will lead a US delegation of Fortune 500 CEOs and senior executives to the Vibrant Gujarat 2015 summit in Gandhinagar, Gujarat in January 2015.

 
         Sensex down for 4th straight week;dips 189 pts on global probs    
 
 
MUMBAI: The benchmark S&P BSE Sensex continued its downward march for the fourth straight week, tumbling 189 points to end at two-month low of 26,108.53 after plunging below the 26,000-level during the truncated week under review on global growth worries and capital outflows.

 
         DLF approaches SAT against Sebi order    
 
 
NEW DELHI: Realty giant DLF today filed an appeal before the Securities Appellate Tribunal (SAT) against a Sebi order barring it and top executives from capital markets.

 
         Cisco chief bullish on India    
 
 
CHICAGO: Pinning hopes on the new NDA government, global tech major Cisco chairman John today said he is is quite bullish on India and expressed confidence that Prime Minister Narendra Modi will drive reforms and deliver.

 
         Sensex rebounds 71 points in early trade on global cues    
 
 
MUMBAI: After two sessions of losses, the benchmark BSE Sensex recovered by over 71 points to regain the 26,000-mark in early trade today on emergence of buying by funds and retail investors amid a firming trend in other Asian markets.

 
         Sensex tanks 350 points; consumer durable stocks down    
 
 
MUMBAI: A benchmark index of Indian equities markets Thursday provisionally closed the day's trade 350 points or 1.33 percent down, as consumer durables, automobile, capital goods, metal and banks stocks plunged

 
         India fastest growing eCom mkt in APAC; to touch $6 bn by 2015    
 
NEW DELHI: India is the fastest growing eCommerce market in the Asia-Pacific region and is expected to touch USD 6 billion (about Rs 3.7 lakh crore) by next year, research firm Gartner said today. "Digital commerce is at a nascent stage in India. However, India is one of the fastest-growing eCommerce markets in Asia/Pacific," Gartner Research Director Praveen Sengar said in a statement.

 
         Gold imports jump about 5-times in Sep on global price slide    
 
 
MUMBAI: Gold imports are estimated to have jumped about five-times to around 95 tonnes in September, helped by spurt in demand in festival season and falling global prices, an industry expert said today.

 
         IndiGo to acquire 250 Airbus A-320 neos    
 
 
NEW DELHI: In the largest global aircraft order, no-frill carrier IndiGo today signed a MoU to acquire 250 of the latest Airbus A-320 neo aircraft worth over USD 25.5 billion or Rs 1.55 lakh crore, as per the list price per aircraft.

 
         Ashok Leyland to make electric buses in India    
 
 
CHENNAI: After the successful run in the UK, Hinduja Group flagship company Ashok Leyland will introduce an electric version of Optare buses in India early next year and plans to make them here, a top official said today.

 
         Inflation drops to 5-year low of 2.38 pc in September    
 
 
NEW DELHI: Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 per cent. The Wholesale Price Index (WPI) based inflation was at 3.74 per cent in August and 7.05 per cent in September 2013.

 
         DLF shares tank 25% on Sebi's 3-year ban order    
 
 
MUMBAI: Share price of realty giant DLF today tanked by nearly 25 per cent -- probably its biggest one-day fall -- on the back of Sebi imposing a three-year ban on the company and its top executives from securities markets.

 
         Tata Motors bags orders for 928 buses under JnNURM scheme    
 
 
BANGALORE: Tata Motors today said it has received another order to supply 928 Tata Marcopolo built buses to the State Transport Authorities in South India.

 
         Enforcement Directorate to probe Flipkart's massive discount sale    
 
 
NEW DELHI: Flipkart's massive discount sale last week is reportedly being scrutinized by the Enforcement Directorate following complaints from traders against the online retail giant.

 
         Future Group, Amazon enter into strategic partnership    
 
 
NEW DELHI: Kishore Biyani-led Future Group and global retail giant Amazon today entered into a strategic partnership to build on synergies of experience in online and offline businesses.

 
         Domestic car sales decline 1% in September    
 
 
NEW DELHI: Car sales in India declined 1.03 per cent in September, after posting four months of consecutive growth, as customers postponed purchases during the month on account of festival season beginning in October.

 
 
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