LG, Samsung Mobiles top 2 trusted brands in India: Report

Last Updated: Wednesday, February 25, 2015, 16:17

LG was ranked fourth while Samsung Mobiles was ranked at 379th position in The Brand Trust Report in 2014.

CII seeks tax exemption for REITS and InvITs

Last Updated: Thursday, February 12, 2015, 18:49

Industry body CII has sought capital gains tax exemption for REITs and Infrastructure Investment Trust (InvITs) on transfer of shares by sponsor.

China imposes record anti-trust fine on Qualcomm

Last Updated: Tuesday, February 10, 2015, 17:49

Chinese authorities have imposed a record fine of 6.09 billion yuan ($994 million) on mobile chip-maker Qualcomm following an anti-trust probe, it was announced on Tuesday.

Realty sector seeks more tax sops on REITs

Last Updated: Wednesday, February 4, 2015, 17:21

To ensure success of newly created REIT (Real Estate Investment Trust) structure, property developers and consultants have sought more tax incentives in the upcoming union budget on investments through this route.

Gold price struggles as Greek plan boosts equities

Last Updated: Wednesday, February 4, 2015, 09:07

Gold was steady but failed to rebound on Wednesday after falling more than 1 percent in the previous session as Greece`s plan to end a standoff with creditors lifted the appetite for risky assets such as equities.

London-based Alpha Real Trust wins arbitration against Logix

Last Updated: Thursday, January 29, 2015, 19:51

London-based investment fund Alpha Real Trust on Thursday said it has won an arbitration award on valuation of its investment in an IT SEZ project of Noida-based realty firm Logix Group.

Narayana Murthy donates 200,000 pounds for UK Gandhi statue

Last Updated: Tuesday, January 27, 2015, 19:28

Infosys co-founder Narayana Murthy and his family have donated 200,000 pounds towards the statue of Mahatma Gandhi planned for Parliament Square here, helping in meeting the budget target of 750,000 pounds for the project.

Japanese bank acquires Rs 371 crore stake in Reliance Capital

Last Updated: Friday, January 23, 2015, 16:51

The Japan-based Sumitomo Mitsui Trust Bank (SMTB) has acquired a minority stake in the Anil Ambani-led Reliance Capital Ltd (RCL) -- part of the Reliance Group -- for Rs 371 crore.

India world's second most trusted nation, says survey

Last Updated: Tuesday, January 20, 2015, 18:04

Moving up the ranks, India has emerged as the second most trusted country in the world in terms of faith reposed on its institutions even as globally trust levels have fallen, says a survey.

Gold price firms near $1,200, poised to end 2014 largely flat

Last Updated: Wednesday, December 31, 2014, 13:29

For this year, gold has lost 0.3 percent and traded in a USD 260 range, although prices fell to a 4-1/2-year low in November.

Sumitomo Mitsui may take up to 10% stake in Reliance Bank

Last Updated: Sunday, December 28, 2014, 15:19

As it awaits final RBI guidelines to apply for a universal banking license, Reliance Capital will consider giving up to 10 percent stake to its newly-signed strategic partner Sumitomo Mitsui Trust Bank of Japan in its proposed bank.

RCap to seek shareholders nod next month for stake sale to SMTB

Last Updated: Friday, December 26, 2014, 19:41

Reliance Capital will seek shareholders' approval for an initial stake sale of 2.77 per cent in the company to Japan's Sumitomo Mitsui Trust Bank (SMTB) at its extraordinary general meeting (EGM) next month.