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In good spirits: Beam Global bets big on India

Beam Global Spirits Wine is a company better known perhaps by its brands. Laphroaig, Teacher’s, Cockburn’s Port, and Canadian Club are just some from a long list of popular brands of the company. Its flagship brand, Jim Beam dates back to 1795.

Trellisys.net: Cashing in on the social networking craze

The global craze for social networking platforms is palpable and applications on these platforms can become moneyspinners. Proving this is Bangalorebased Trellisys, which has designed a game that has found mention in Facebook\'s list of 50 top applications to watch.

Obama asks Americans for patience on economy

President Barack Obama on Saturday urged Americans to show patience over the economy and argued that his justconcluded Asia trip was critical for U.S. exports, countering criticism he had returned emptyhanded.

Italy arrests Pakistanis suspected of Mumbai links

Italian antiterrorist police have arrested two Pakistanis suspected of helping to finance the Islamic militant group responsible for the attacks on Mumbai in November 2008, that killed 166 people.

Govt plans rice reserve sale in local markets

India, the world\'s second biggest rice grower, plans to sell the grain in local markets from reserves to douse fears of shortage caused by the worst monsoon in three decades, Farm Minister Sharad Pawar said on Saturday.

Aurobindo Pharma sees $2 bn sales in next 3 years

Aurobindo Pharma has inaugurated a Rs 150 crore drug manufacturing plant at its pharma SEZ in Hyderabad. It expects revenues to hit USD 2 billion by 2013.

Now, Daigeo\'s duty free products are under DRI lens

Its day three of the Department of Revenue Intelligence’s probe into Diageo for alleged duty evasion. Sources say Sun Tan Trading has admitted guilt and the DRI suspects more worms from the Diageo can.

RBI\'s new forex derivative rule too liberal, say experts

The Reserve Bank of India (RBI) has announced draft rules for foreign exchange (forex) derivatives. The majority opinion from bankers, corporates and RBI insiders is that the RBI has been liberal enough to take a step forward by allowing corporates to write options at a time when the world is so much pitted against allowing corporates.

Implications of tax treaty renegotiation

This tax treaty controversy is snowballing. First it was just the India Mauritius Double Tax Avoidance Treaty that was under a shadow and has been that way for a couple of years then the proposed Direct Tax Code released in August this year proposed a Treaty of Override Clause.

Beware unearths how agents allegedly sell cars at a premium

Beware unearths how unauthorised car dealers are unabashedly promising you your dream car allegedly by charging you extra premium for a quick delivery.

New Asia chief works to end China\'s dominance

China\'s Cai Zhenhua was elected president of the Asian Table Tennis Union last week and admits his main priority is to make his own country less dominant.

Review: Audi\'s new state of the art service facility

Audi the German luxury car maker has come up with a new state of the art service facility at Mathura road in Delhi. The 20,000sq ft facility features covered servicing bays, occupying 14000sq ft with a capacity to service 16 cars a day.

Review: New piston by FederalMogul Corporation

Higher power output from smaller engines is the mantra for lower CO2 emissions and improved fuel economy.

Shell in talks to by 10% of Essar Oil: Report

Royal Dutch Shell is in talks to buy 10% of India\'s Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, the Economic Times reported on Saturday, citing people with knowledge of the plans.

Yardley gives Wipro Consumer Care a premium position

On CNBC_TV18\'s speical show Storyboard we focus on how Yardley will give Wipro Consumer Care a premium position. What happens when Ad wallahs become film wallahs and it\'s risky but Idea is convinced its a good idea.