India must gear for another shock from West, as its manufacturing sector started showing fissures of contraction under the European debt-crisis added by slow recovery of US economy.

As the debt crisis in eurozone is not showing any sign of easing and the US economy is struggling to gain momentum India exports in July dropped 14.8% to $22.44 billion as compared to $26.34...

High inflation, high lending rates continued to affect sales of  the world’s largest two-wheeler manufacturer Hero MotoCorp Ltd (HMCL) as bike and scooter major August sales declined...

India’s largest car maker, Maruti Suzuki India Ltd’s (MSIL’s) car sales in the month of August fell 40.8% to 54,154 units from 91,442 units in the corresponding month last year,...

Banswar Syntex limited (BSL), a vertically integrated textile company, has today announced the launch of its new fashion brand “SaintX “ for premium quality suiting’s in All Wool...

The Exim bank has entered into an agreement with the Government of the Central African Republic for extending a $ 20 million line of credit for financing eligible goods, services, machinery and...

Exim bank has entered into an agreement with the Government of the Central African Republic for extending a $ 39.69 million line of credit for financing eligible goods, services, machinery and...

Previous attempts of large-scale asset purchases totaling $2.3 trillion have so far failed to arrest the jobless rate below eight percent more than thirty six month into the recovery.

In a major blow to Subrato Rai founded Sahara Group India's Supreme Court on Friday ordered the group to refund more than $3 billion raised from millions of small investors.

India's largest lender, State Bank of India (SBI) signed a memorandum (MOU) with the Japan Bank for International Cooperation (JBIC), for developing and strengthening a framework for supporting...

Magneti Marelli, a leading Italian auto component player who offers world-class technologies at affordable costs in country showcased innovative technologies at 11^th Auto Expo, because...

India's state-owned oil and gas major GAIL (India) Ltd has signed LNG supply agreement with GDF SUEZ for supply of 12 cargoes from 2013 to 2014, representing a total of 0.8 million tons.

The US automobile major General Motors will recall 44,668 Chevrolet Sonic model to replace faulty windshield washers, the National Highway Traffic Safety Administration (NHTSA).

Barry Diller's InterActiveCorp (IAC), owner of Ask.com, agreed to buy About.com from New York Times Co for $300 million, media report said quoting company official.

India's much hyped tax reform measure, the goods and services tax (GST), which is facing road block of state governments, is expected to see the light of the day by the end of current fiscal 2012...

Gifts.com, a wholly owned subsidiary of Liberty Interactive Corporation with over 8 million unique visitors per month, announced the second annual Giftee Awards.