A benchmark index for Indian equities crept up in afternoon trade Thursday to rule at 76 points higher, having been range-bound in the morning session.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,194.78 points, was at 18,255.97 points,…

The Indian Space Research Organisation (ISRO) Wednesday urged the private sector to come up with innovative technologies to join hands with it to tap the growing space business.The need of the hour was to cater to the increasing demands of the central and state…

French auto major Renault Thursday said it will launch five cars in India between 2011 and 2013.“We will be launching five cars in India, starting from mid-2011 to mid-2013. We will also launch a small car in the Indian market in 2012,” said Marc…

Tata Group Chairman Ratan Tata said Monday he regrets Tata Motors could not do the Nano car project which it wanted to do in West Bengal, but the state would always be there as a part of the group’s corporate identity.“We regret we have…

Four Indian Americans figure in Inc. magazine’s list of “30 Under 30: America’s Coolest Young Entrepreneurs” who are “building unique brands, making money along the way and changing the way we do business”.Some, like Naveen Sevadurai, 28, who co-founded Foursquare, run one of the…

There has been a 20 percent surge in air travel in India since the global economic downturn began in late 2008, Kingfisher Airlines Chairman Vijay Mallya said Saturday.“The civil aviation industry which was impacted to a great extent by global meltdown in 2008-09 has…

Market regulator Security and Exchange Board of India (SEBI) has banned 14 insurance companies from selling Unit-Linked Insurance Products (ULIPs).The companies are Aegon Religare, Aviva, Bajaj Allianz, Bharti AXA, Birla Sun, HDFC Standard, ICICI Prudential, ING Vyasa, Kotak Mahindra, Max New York, Metlife India,…

The first-ever auction of the radio frequency spectrum for third generation (3G) telephony that would facilitate high-speed mobile services in India began Friday.As many as nine telecom companies — Bharti Airtel, Reliance Communications, Vodafone Essar, Idea Cellular, Tata Teleservices, Aircel, Etisalat, S Tel and…

Apple announced a new operating system for its market-leading iPhone Thursday, as it seeks to thwart challenges to its smartphone supremacy from rivals like Google, Microsoft, Nokia and the Blackberry.The new software was announced just days after Apple made headlines with the launch of…

Eyeing India’s $150 billion nuclear pie, a strong US business delegation embarks on a trade mission to the country next week with a promise to keep pushing for easing rules for export of high tech items to India.“By looking to new markets abroad, American…