Saturday 23rd September 2017,
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India’s July WPI inflation quickens to 1.88%

India’s July WPI inflation quickens to 1.88%

India’s wholesale price inflation rate picked up in July after easing for four straight months, with food prices back on the rise. The wholesale price index rose 1.88% in July from a year earlier, compared with an increase of 0.63% in July 2016, government data showed on Monday. The rise compares with a 1.3% increase forecast [...]

August 16, 2017 Loknath Das Business Comments Off on India’s July WPI inflation quickens to 1.88%

Anadarko close to final investment decision for Mozambique LNG

Anadarko close to final investment decision for Mozambique LNG

Mozambique, a country emerging as a natural gas leader, is one step closer to developing the infrastructure needed for LNG, Anadarko Petroleum said. Anadarko, which has headquarters in the United States, said Monday it finalized agreements with the government of Mozambique that open the door for the construction of a liquefied natural gas project in [...]

July 31, 2017 Loknath Das Business Comments Off on Anadarko close to final investment decision for Mozambique LNG

Germany says ‘nein’ to U.S. energy ambitions, survey shows

Germany says ‘nein’ to U.S. energy ambitions, survey shows

 Norway is the most trustworthy partner for European natural gas and most Germans see the United States as less-than-forthcoming on energy, a survey found. Forsa Institute, one of the leading polling firms in Germany, conducted a survey of public opinion about the regional energy industry on behalf of German energy company Wintershall. The firm has [...]

July 31, 2017 Loknath Das Business Comments Off on Germany says ‘nein’ to U.S. energy ambitions, survey shows

Senegalese oil plans well funded, Australian company says

Senegalese oil plans well funded, Australian company says

 With more than $90 million in cash, the capital is available to support the development of the rich oil reserves offshore Senegal, an Australian company said. FAR Ltd., an Australian energy company and one of the early movers into West Africa, said two blocks offshore Gambia hold at least 1 billion barrels of oil. Offshore [...]

July 31, 2017 Loknath Das Business Comments Off on Senegalese oil plans well funded, Australian company says

MFs’ asset base from small towns up 46pc to Rs.3.5 lakh cr

MFs’ asset base from small towns up 46pc to Rs.3.5 lakh cr

Contribution of the country’s small towns to mutual funds asset base surged 46 per cent to Rs.3.5 lakh crore by June-end due to initiatives taken by markets watchdog Sebi and the sectoral regulator Amfi. Mutual funds’ assets under management (AUM) from B15 locations – small towns beyond top 15 (T15) cities – grew from Rs.2.42 [...]

July 30, 2017 Loknath Das Business Comments Off on MFs’ asset base from small towns up 46pc to Rs.3.5 lakh cr

ONGC seeks mkt freedom to open India’s 8th sedimentary basin

ONGC seeks mkt freedom to open India’s 8th sedimentary basin

State-owned Oil and Natural Gas Corp (ONGC) has sought pricing and marketing freedom to help bring to production a one-trillion cubic feet gas discovery that will open up a new sedimentary basin after over three decades. ONGC, which has opened for commercial production six out of India’s seven producing basins, has made a significant natural [...]

July 30, 2017 Loknath Das Business Comments Off on ONGC seeks mkt freedom to open India’s 8th sedimentary basin

The Latest Edition of Small Business Trends Magazine is Here – Download a FREE Copy Today

The Latest Edition of Small Business Trends Magazine is Here – Download a FREE Copy Today

The latest edition of Small Business Trends magazine is now available for download. Get your copy right now by clicking here. This month, we’re tackling the cloud. Sounds like an impossible task — tackling a cloud, that is. For a lot of small businesses, it sounds like a lot more difficult than it actually is. In [...]

July 22, 2017 Loknath Das Business Comments Off on The Latest Edition of Small Business Trends Magazine is Here – Download a FREE Copy Today

Audi offers diesel emissions upgrade for 850,000 cars

Audi offers diesel emissions upgrade for 850,000 cars

German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions. Audi said the upgrade would “improve emissions behaviour in real driving conditions further beyond existing legal requirements”. The carmaker added it was convinced the programme would counteract possible bans on diesel cars. In recent days, rival German [...]

July 21, 2017 Loknath Das Business Comments Off on Audi offers diesel emissions upgrade for 850,000 cars

Are half-baked anti-profiteering rules a nightmare in the making?

Are half-baked anti-profiteering rules a nightmare in the making?

In the current format, the government’s anti-profiteering rules on the goods and services tax (GST) raise more questions than answers. While the intent is to curtail inflation post-GST implementation, the notification suffers from a lamentable lack of clarity on many aspects, increasing uncertainty for businesses. To begin with, the law would be applicable to all [...]

June 21, 2017 Loknath Das Business Comments Off on Are half-baked anti-profiteering rules a nightmare in the making?

Canada’s Magna to make BMW 5 Series plug-in hybrids next to Jaguar I-Pace

Canada’s Magna to make BMW 5 Series plug-in hybrids next to Jaguar I-Pace

Canadian auto supplier Magna International Inc will produce BMW’s new 5-series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers. The BMW 530 plug-in hybrid will be manufactured beginning this summer at Magna’s plant in Graz, Austria, where [...]

June 20, 2017 Loknath Das Business Comments Off on Canada’s Magna to make BMW 5 Series plug-in hybrids next to Jaguar I-Pace

Headlines About United Airlines, Internet Privacy That Could Impact Businesses

Headlines About United Airlines, Internet Privacy That Could Impact Businesses

A few nationwide headlines over the past couple of weeks could have small business implications — or at least lessons to be learned. The United Airlines PR disaster is one that might not impact small businesses directly. But it can still teach businesses a few valuable lessons about how to avoid similar issues. And the [...]

June 8, 2017 Loknath Das Business Comments Off on Headlines About United Airlines, Internet Privacy That Could Impact Businesses

ITC Surges 10% In Two Days On GST Boost. Should You Buy?

ITC Surges 10% In Two Days On GST Boost. Should You Buy?

ITC shares gained over 6 per cent to a fresh 52-week high of Rs. 304.80 on the National Stock Exchange on Monday. Including today’s gains, ITC shares have surged nearly 10 per cent in two trading sessions. ITC shares have witnessed buying after the Goods and Services Tax or GST Council announced rates on most [...]

May 25, 2017 Loknath Das Business Comments Off on ITC Surges 10% In Two Days On GST Boost. Should You Buy?