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Star India tweaks operations for next phase of growth

Star India, the largest broadcaster in the country, has restructured its operations and created five sub-business units with different CEOs for each to speed up decision making with an eye on the next phase of growth and profitability. Uday Shankar,…

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Govt raises import tariff value of gold, silver

The government today increased the import tariff value on gold and silver to $408 per 10 gram and $520 per kg, respectively in line with global prices. For the first fortnight of this month, the import tariff value on gold…

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Grain output testing record with stronger monsoon

Forecasts for the first above-average monsoon in India in three years is set to boost planting of crops from rice to oilseeds, with record food grain output possible after two years of shortfall. Rainfall from June is seen at 106%…

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Walmart gets limited reprieve from Delhi HC against CVC

Walmart Stores Inc won a limited reprieve from Delhi High Court last week, having approached it over the Central Vigilance Commission (CVC) seeking to initiate criminal proceedings against the local unit of the retail giant for allegedly delaying an inquiry…

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China?s Exports Jump Most in a Year, Boosting Growth Outlook

China?s exports jumped the most in a year and declines in imports narrowed, adding to evidence of stabilization in the world?s second-biggest economy. Stocks rallied.Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with…

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