Government To Create Buffer Stock For Pulses Using Imports October 15, 2015 18:32
The Modi Government has announced that it will create buffer stock for pulses using imports, in the wake of pulses shooting up to Rs 190 per kg. The price situation was reviewed by a high-powered…
Read MoreWalmart s Next Store Likely To Come In Punjab In 2017 October 12, 2015 17:24
Walmart, US-retail giant, will open an outlet in 2017, most probably in Punjab as a move to continue its cautious expansion in India. In August, Walmart opened 21st store in India after two years at…
Read MoreMore 100 Million Euros Investment By Bosch In India October 06, 2015 14:59
Bosch, a German automotive engineering giant, has announced the investment of more Rs 650 crore i.e. 100 million Euros in India to strengthen its presence in the country. This comes just a day after the…
Read MoreEconomic Affairs Secretary Says, India To Grow Over 7.5% Faster October 05, 2015 18:02
Economic Affairs Secretary, Shaktikanta Das has said at a press conference in Delhi that India will grow at more than 7.5% faster rate. Revenue Secretary, Hasmukh Adhia said black money disclosure was revised upwards from…
Read MoreAir India Relocates Domestic Operations To Terminal 2 Of Mumbai Airport October 03, 2015 16:52
Effective 1 October 2015, Air India relocated domestic operations from to Terminal 2 (T2), of the Mumbai airport, from the Santa Cruz airport so as to integrate international operation with domestic flights. From T2, 63…
Read MoreState Bank of India slashes minimum lending by 0.4% September 29, 2015 18:15
As soon as the Reserve Bank reduced in repo rate, State Bank of India (SBI), the country’s largest lender, has cut minimum lending or base rate by 0.4% to 9.3% with effect from 5 October…
Read MoreBig Billion Sale season two to begin at Flipkart September 29, 2015 15:23
Flipkart is all set for “Big Billion Sale” season two, although it faced failure of ‘Big Billion Day’ last year. The second season of the “Big Billion Sale” will be held from 13 October 2015…
Read MoreAudi Announces 2.1 Million Cars With Emission Cheating Software September 28, 2015 18:41
Audi, top-of-the-range automaker of Volkswagen, has said that 2.1 million of its cars across the world are fitted with sophisticated emission-cheating software so as to cheat emission tests. According to a spokesman of Audi, around…
Read MoreAP Ranks Second Easy Destination For Doing Business, Chandrababu Says September 22, 2015 15:19
N Chandrababu Naidu, Andhra Pradesh chief minister, is hard selling in his Singapore tour, the ranking of the World Bank that hailed the south Indian state as one of the most preferred destinations for doing…
Read MoreRecall Of 2.24 Lakh Vehicles In India By Honda Cars Over Faulty Airbags September 19, 2015 15:54
Honda Cars India Ltd (HCIL) is recalling nearly 2.24 lakh units of its premium sports utility vehicles in order to replace defective airbag inflators. It is the largest such exercise in India. Those included in…
Read MoreBrazil Downgraded September 10, 2015 18:36
S&P has downgraded Brazil's sovereign credit rating to junk to BB+, from BBB-, on mounting political problems that have shattered the economic policy of the country. The agency has retained China's 2015 GDP growth at…
Read MoreHenkel To Re-Enter Indian Market With Stake In Jyothy Laboratories September 04, 2015 12:51
Germany-based Henkel, a consumer products company, is planning to re-enter India by exercising an option to purchase of 26% stake in Jyothy Laboratories, a local fabric whitener and detergent maker. One of the two people…
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