Business News
Inflation Soars To 9.89% In February »
By SHUBHAJIT Chakraborty New Delhi, March 15 – Inflation of wholesale product rose to 9.89% from 8.56 % January due to increased rates of sugar and fuel. Sugar prices rose by 55.47 per cent in February while...
Air India To Incur Rs 5,400cr Loss This Fiscal Says Aviation Minister »
By SUNIL Sonkar New Delhi, March 09 — Civil aviation minister Praful Patel said Air India is expected to incur losses this fiscal year of around $1.8 billion (Rs.5,400 crore). He also added that in few more...
Noted Industrialist GP Birla Passes Away »
By SUNIL Sonkar Kolkata, March 06 — Industrialist GP Birla took his last breath in Kolkata on Friday night after a brief period of illness, leaving wife Nirmala, son CK Birla and daughter Lekha Poddar. GP Birla...
IBM’s Recent Layoff led buzzed an alarm to its employees across US »
By STAFF Writer New York, March 02 — IBM has cut 500 jobs across United States, confirmed Alliance IBM, a representative group of IBM employee. “We have received verification of almost 500 people losing their jobs today...
New Looking Rupee To Be Announced Soon »
By SUNIL Sonkar Feb. 27 — Rupees global standing is likely to get stronger and the first and foremost thing to do is to change the face of rupee so that it can match world-class aspiration. The...
Swiss Bank To Stop Taking Undeclared Funds »
By SUNIL Sonkar Bern / New Delhi, Feb. 25 — After increased international pressure on Switzerland’s banking secrecy practices, the country said it will prevent undeclared funds flow from foreign countries into its banks. Among the many...
BJP, Left, RJD Thumbs Down Rail Budget »
By SUNIL Sonkar New Delhi, Feb. 24 — Railway budget presented by Mamata Banerjee in the Parliament on Wednesday welcomed sharp criticism from the BJP, Left parties and also from the Rashtriya Janata Dal (RJD) where as...
Amazon Looks More from India »
By NIMY Sara Joy Hydrebad, Feb. 22 – The e-commerce giant, Amazon will be overhauled by its Hyderabad Development Center. The revamp will be to bring its already high rate of traffic again and it will be...
Price Rise Discussion Could Take Place On Tuesday In Lok Sabha »
New Delhi, Feb. 21 — Price rise issue could be discussed on Tuesday in the Lok Sabha. The Opposition demanded for this. The government said on Sunday “our attitude will be accommodative”. Pawan Kumar Bansal, Parliamentary Affairs...
Capgemini takes 35,000 employees in sercices in India »
By NIMY Sara Joy Feb. 21 – The Indian sector of Capgemini won’t be as much as expected, it seems. The recession made weak to Capgemini development projects in India. The earlier plan of the company is...
OPI Changing Its Phase in India by Hiring 1,000 New Employees »
By NIMY Sara Joy Feb. 20 – Outsource Partners international came out with a development project for its India service centers. India service centers of Outsource Partners International in the new phase of its development as they...
RGIA, the Best Service Quality Airport: ACI »
By NIMY Sara Joy Hydrebad, Feb. 16 – The Rajiv Gandhi International Airport (RGIA) will be in the list of world number one quality airport service providers. Airport Council International rated RGIA as the world’s number one...
Stay Connected; Vodafone Tells to Third-World Countries »
By NIMY Sara Joy Feb. 16 – Vodafone tells the third-world countries to ‘stay connected’ to improve the quality of life. And Vodafone is coming out with an entirely different concept in its new mobile. While others...
Tata Steel With New Plan Corus In Mind »
By SHUBHAJIT Chakraborty Jamshedpur, Feb. 15 – In its new initiative Tata Steel is planning to set a new construction company keeping Corus in mind. In an interview Tata Steel MD H.M Nerukar said that Corus had...
No Immediate Hike In Fuel Prices: Deora »
By SUNIL Sonkar New Delhi, Feb. 14 — Finance Minister Pranab Mukherjee and Oil Minister Murli Deora on Sunday discussed on fuel prices hike amidst of facing opposition from some key allies in the UPA Government. However,...
Home And Auto Loans To Become Dearer »
By SUNIL Sonkar Mumbai, Feb. 12 — Home and auto loan customers will not be facilitated any further with the concessional or limited period loan regime. Public sector banks such as State Bank, Bank of India (BoI)...
Maruti 800 To Be Phased Out From 13 Cities »
By SUNIL Sonkar New Delhi, Feb. 12 — Maruti Suzuki India is planning to end up the production of its lowest-priced Maruti 800 model from April onwards said chairman R C Bhargava on Friday as the company...
Cash Crunch In India, RBI Stops Some PayPal Services »
By NIMY Sara Joy New Delhi, Feb. 11 – Consumers of PayPal in India are messed up with the unexpected inconvenience of money transferring. Reserve Bank of India, India’s top bank regulator suspended some PayPal services in...
Fuel, Food Prices To Jump Coming Months »
By SUNIL Sonkar New Delhi, Feb. 11 — Fuel prices rose in late January and food prices for a third straight week in the country. It has threaten of pushing headline inflation into double-digits and also increasing...
Fuel Price May Rise, Hints Congress »
By SUNIL Sonkar New Delhi, Feb. 10 — Congress hinted on Wednesday of a possible hike in petroleum products prices, but with words that the price hike should be done in unavoidable situation only and also in...
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