Nokia's assets get freeze??? October 01, 2013 10:43
The news was into prominence that the Indian authorities have frozen some of Finnish telecom giant Nokia's assets, the company said during Tuesday, in the middle of a 20 billion rupee (S$400 million) tax argue…
Read More
Microfinance Vanishing From AP? September 30, 2013 12:07
AP does not want what United Nations, World Bank, IFC, Swiss and even Government of India wants, exclaims Vijay Mahajan, Founder Chairman of Basix Microfinance. Basicx is working in nine countries. He says “It’s ironic…
Read More
SpiceJet runs into net worth turbulence September 28, 2013 12:41
Airlines have been facing the heat with economic airline SpiceJet struggling to stay afloat. In recent turn of events, rising operational costs have clipped the firm's net worth. This has in turn raised further concerns…
Read More
Stock markets downward slope September 20, 2013 11:29
Stock markets today declined rapidly by 2.7 per cent soon subsequent to the Reserve Bank's advocating war policy announcement in which it moved up the repurchase agreement rate by 0.25 per cent. In fact, the…
Read More
Government offers breather to Aviation industry September 10, 2013 13:56
The government has requested states to cut value added tax (VAT) on jet fuel prices to offer a breather to the harassed Aviation industry. Relieving the airline sector, VAT on jet fuel is reduced to…
Read More
Rock Star economist Raghuram in hot seat September 05, 2013 10:40
At present, the chair of the RBI chief is the hottest seat there is. Taking control is 'Rock star' economist Raghuram Rajan, who had been appointed as the 23rd RBI governor on 4th September. Rajan…
Read More
Verizon buys out wireless stake at Vodafone September 03, 2013 04:01
In what can be dubbed as one of the largest corporate deals ever, the noted American broadband and telecommunications company Verizon Communications bought the wireless business of Vodafone for a whopping $130 billion. As per…
Read More
Patriotic stars grace GVK 'The Indian' launch September 02, 2013 07:37
The GVK group, under the founder's grandson GV Keshav Reddy, launched an apparel brand named The Indian. The e-commerce venture will sell polo T-shirts that will prominently carry the Indian tricolors. Supporting the initiative, several…
Read More
Yahoo! overtakes Google August 23, 2013 12:32
Considered an achievement, Yahoo has overtaken Google for the month of July 2013. The number of website visitors in the US recorded for the month were found to have preferred Yahoo! more over Google. In…
Read More
Finance Minister brainstorms on Indian economy August 19, 2013 12:38
Indian Finance Minister P Chidambaram has taken up an assessment of the current economic situation in the country in a meeting with heads of various departments. The purpose of the 3 hour long meeting was…
Read More
India Ahoy! INS Vikrant unveiled August 12, 2013 11:34
India is now among the select few countries to have a home-built aircraft carrier. The 37,500 tonne INS Vikrant was unveiled at a shipyard in southern Kerala, marking the end of its first phase of…
Read More
RBI fines SBI again August 07, 2013 12:39
The Reserve Bank of India has once again fined the State Bank of India for violating currency chest norms. This news comes in the wake of a Rs 3 crore fine imposed on the bank…
Read More
