Volkswagen’s New Chief Apologizes Over Emissions-Cheating Scandal October 28, 2015 08:21
Volkswagen’s new chief executive Herbert Diess has apologized on Wednesday at the Tokyo auto show for emissions-cheating scandal. He promised to win customer trust back and said about plan to delay its diesel vehicle launch…
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Glenmark, Celon sign deal for generic Seretide Accuhaler in Europe October 24, 2015 06:02
Glenmark Pharmaceuticals has signed a strategic development and licensing agreement with Celon Pharma, a Poland-based company, for the development and marketing of its generic version of Seretide Accuhaler in Europe targeting the treatment of lung…
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Government To Create Buffer Stock For Pulses Using Imports October 15, 2015 13:02
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…
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More 100 Million Euros Investment By Bosch In India October 06, 2015 09:29
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…
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Economic Affairs Secretary Says, India To Grow Over 7.5% Faster October 05, 2015 12:32
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…
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Air India Relocates Domestic Operations To Terminal 2 Of Mumbai Airport October 03, 2015 11:22
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…
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State Bank of India slashes minimum lending by 0.4% September 29, 2015 12:45
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…
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Big Billion Sale season two to begin at Flipkart September 29, 2015 09:53
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…
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AP Ranks Second Easy Destination For Doing Business, Chandrababu Says September 22, 2015 09:49
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…
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Recall Of 2.24 Lakh Vehicles In India By Honda Cars Over Faulty Airbags September 19, 2015 10:24
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…
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Switzerland Rejects India's Request For Legal Assistance In Rheinmetall Bribery Case August 31, 2015 05:10
India's request was rejected by Switzerland for legal assistance to investigate two Switzerland companies allegedly bribing Indian officials to win arms deals in the Rheinmetall bribery case.Confirming the NZZ am Sonntag newspaper’s report, an office…
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LIC buys 86% shares of Indian Oil on offer by government August 26, 2015 11:23
State-owned Life Insurance Corporation (LIC) of India bought 86% Indian Oil shares rescuing $1.4 billion (Rs 9,100 crore) government sale following India’s biggest tumble in over six years. The sale was destabilized by the sharpest…
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