Indian Finance Minister puts forth argument for heavier taxes on wealthy people
The Indian Finance Minister P Chidambaram has regurgitated views about developing a stable tax regime in the country. The minister said that people who earn considerably more...
Kingfisher Airlines meet DGCA – Receive NOC from various companies
Grounded Indian airline company Kingfisher Airlines has received a 'no objection certificate (NOC)' from various oil marketing companies, aircraft leasers and vendors, which comes as...
Maruti Suzuki hikes vehicle prices by INR 20,000
Indian auto giant Maruti Suzuki said on January 15, 2013, that it will once again increase the prices across all its vehicles by up...
Farmers facing slack sales due to nuclear contamination
About seven factories of Mayumi Kurasawa's seaweed company were affected by the March 11, 2011 tsunami. Two years have passed since the disaster, but...
Indian government hikes railway fares
Indian railway minister Pawan Kumar Bansal has announced a hike in rail fares on January 9, 2013. The hike in the fare will be...
Airtel hikes 2G rates for subscribers in India
Indian telecom giant Airtel has increased its 2G rates as of last week. After the recent development, other telecom companies like Vodafone and Idea...
Malaysia is 4th most desirable country for Asian investment
Asia has long been a destination for corporate investment and Malaysia has recently been adjudged to be the fourth most desirable country in Asia...
Joseph Stiglitz warns against giving banking licences to corporates in India
Nobel laureate Joseph Stiglitz has cautioned against giving corporations the ability to own banking licences in India and said that doing so would mean...
BSE benchmark Sensex jumps to 133 points – Highest since 2011
After a decision by the US Congress to avoid a 'fiscal cliff' the Bombay Stock Exchange (BSE) benchmark Sensex has jumped by 133 points...
Apple CEO Timothy Cook took home pay worth $4.17 million in 2012
Timothy D. Cook, who took over as the Chief Executive Officer of Apple post Steve Jobs’ untimely death, received $4.17 million compensation in 2012....