Reports on the Death of Microsoft Paint Have Been Exaggerated

A Microsoft Paint rumor originally suggested that the company was killing the app but, to the relief of fans, the rumor proved unfounded. Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to CGDBB 2017-BIOC

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of CGDBB 2017-BIOC (see ratings list below). CGDBB 2017-BIOC is a CMBS single... Read more »

IDCO sends Essar Steel and Essar power notices for pending land rent dues

Sanjay Singh, CMD, IDCO told told ET, the notice was part of several such notices the state government had sent out in an effort to recover dues and square its records. Read more »

LG registers 27% growth in AC sales in first half of 2017

LG, which has moved to more energy-efficient inverter ACs, has also began exporting to Sri Lanka and is exploring opportunities in neighbouring markets such as Bangladesh. Read more »

Coming soon: Anti dumping duty on radial tyres

The final quantum of the anti dumping duty will be decided between the Commerce Ministry and Finance Ministry, but it is expected soon. Read more »

Starbucks’ Closing of Teavana Stores Could Be Small Business Opportunity

The closing of Teavana stores by Starbucks should be good news for other shops that sell tea as well as entrepreneurs looking to get into the tea business. Read more »

Air India’s current business ‘not sustainable’: Government tells Parliamentary panel

With the Cabinet giving "in-principle" approval for selling stake in the loss-making Air India, a ministerial panel is working on the final contours of the proposed disinvestment. Read more »

Toyota Kirloskar reports best-ever July sales at 17,750 units

"However, we are delighted that with dedicated efforts from all our stakeholders we have been able to achieve the milestone of best ever July sales," Raja said. Read more »

Railways eyes Rs 26k crore savings in energy costs over 10 years through electrification

During the last three years and for 2017-18, a total of 93 railway electrification projects along 16,815 kms have been included in the Budget at an estimated cost of Rs 17,165 crore. Read more »

LPG prices to be hiked by Rs 4 per month as Centre pushes to end subsidies

Every household is entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year. Any requirement beyond that is to be purchased at market price. Read more »