Briefly Business: Infosys settles US visa cases for $34 million

New Delhi: To address the environmental concerns faced by textiles units,the Cabinet Committee on Economic Affairs has approved the launch of a new Integrated Processing Development Scheme with a total cost of Rs 500 crore. pti

India slaps penalty on Chinese paracetamol

New Delhi: India has imposed anti-dumping duty of $787 per tonne on import of Paracetamol,a widely used medicine,from China for five years to protect interest of domestic players from cheap shipments. pti

Google faces probe in India,four countries

New Delhi: Google is facing probes by fair trade regulators in India,Europe,Argentina,Brazil and Taiwan for alleged anti-competitive practices. pti

BMW recalls 1,76,000 vehicles worldwide

Detroit: BMW is recalling about 1,76,000 of its four-cylinder,gasoline-powered vehicles from model years 2012 to 2014 due of potential problems with power brakes,BMW said. reuters

Bank credit up 10% in fortnight ended Oct 18

Mumbai: Bank credit grew by 10 per cent to Rs 57.94 lakh crore in the fornight ended October 18. Deposits rose 11 per cent to Rs 75.09 lakh crore,according to RBI data. pti

HTC to appeal court decision on Nokia case

Helsinki: Taiwanese smartphone maker HTC said it would appeal a British courts judgment earlier on Wednesday that it had infringed on a patent belonging to rival Nokia. reuters