Briefly Business: ‘Indian economy sees encouraging turnaround signs’

'Indian economy sees encouraging turnaround signs'

London: Indian and Chinese economies are seeing encouraging signs of turnaround, while the situation is improving in most of the developed world, OECD said on Monday.

UPS abandons $6.9 bn deal for TNT Express

dallas: UPS scrapped plans to acquire Dutch company TNT Express because European regulators were getting ready to veto the $6.9 billion deal.

Obama on raising debt ceiling

washington: US President Barack Obama has said he is willing to take over authority for raising the US borrowing limit if Congress does not want to increase the debt ceiling.

Petronet LNG net up 8% at Rs 319 crore

new delhi: Petronet LNG has reported its highest ever quarterly profit of Rs 319 crore on higher imports.

Deloitte completes acquisition of Monitor

new delhi: Deloitte has acquired substantially all of the business of Monitor's Global Strategy Consulting Business.

Oberoi appoints Kapil Chopra as president

new delhi: Kapil Chopra has been appointed as President, The Oberoi Group. Chopra will be responsible for all The Oberoi and Trident Hotels in India.

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