Page 1052 - Bs Reporter/workspace/business Standard Web/video

Not just sales, Xiaomi shuts down its India website too

Ericsson has claimed that Xiaomi has not been paying licence fee to Ericsson for using its patented technologies

Ashiana Hsg, Escapade to develop project for elderly near Chennai

JLL structures a JV for the two parties; project is part of a 45-acre township with luxury villas, group housing and plots

TCS expects to exceed hiring target for FY15

Company says performance evaluation of employees is nothing new, it's a continuous process

RBI to nudge foreign banks for subsidiarisation post review of PSL norms

Governor Rajan says current account deficit level comfortable for now

Falling crude oil price: Valuation of foreign energy assets declines

With oil blocks needing big investments to keep the wells flowing, falling oil prices will lower cash flows

April-November indirect tax collections up 7% y-o-y

However, central excise was almost flat on yearly basis at Rs 1.03 lakh cror

States delay Centre's GST plans, again

FinMin says some breakthrough made; both sides to meet in a week

Defence agrees to release 5MHz spectrum in 2100MHz band: DoT source

DoT has estimated that the next round of spectrum auction in February will fetch at least Rs 9,355 cr

COAI asks DoT to allocate 800MHz spectrum as EGSM band

The demand for 900MHz is admittedly much higher than 800MHz

IDFC and Russian RDIF sign pact for $1 bn infrastructure financing

RDIF, a state-owned fund set up in 2011, said the partnership will strengthen Russia and India's relationship

Russia's Rosneft to supply oil to Essar's refineries

Russia's Rosneft will supply oil and oil products to Essar Oil's refineries in India in a pact that may become operational in 2015

Uber admits it needs to do better

Says it is conducting full audit of its verification, rider feedback and support processes, apart from assessing its driver-screening method

Snapdeal buys gifting recommendation portal Wishpicker.com

The move is expected to enable the online marketplace giant to further personalise user experience and make intelligent recommendations

Government bond yields fall to 17-month low

It will pave the way for the central bank to cut interest rates

Who will gain from Xiaomi's loss?

If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market

Govt cutting stake in banks will lead to sectoral reforms: SBI Chief

Says apart from long-term financing for infraprojects, banks should also make short term investments in equity and bond markets

Middle class diamond purchases up four-fold in 12 years in India: De Beers

It's a sign the country is developing into a diamond consumer market to complement its pre-eminence as a polishing centre

FMC increases open interest limit in 18 commodities

Market participants requested the move as exisiting position limits are impacting the liquidity and depth of the market

Spectrum pricing to hurt investment: Sistema president

On Wednesday, Sistema Shyam had suggested that reserve price for 800Mhz band be at par with market discovered price of 1800MHz band

Gujarat pharma market grew highest at 22.4% in November: AIOCD

This was twice the growth rate of the Indian pharmaceuticals market, which grew by 10.9%