The chief member of the executive board and the CEO of Future Group, Raghu Pillai died on the 10th of April that was Sunday during the early morning hours after suffering a serious heart attack in Chennai.
Read more on Raghu Pillai the modern retail man dies due to serious heart attack…
Sprint will terminate the once so wanted but now near dead Nextel iDEN network by the year 2017 under the efforts to overtake the many networks of carrier. This news was confirmed by Steve Elfman the network and wholesale president of Sprint’.
Skoda India recently introduced “the Yeti”, their compact SUV in the country. This 5-seater is being launched in India in the Completely- Knocked-Down version (CKD) and will be put together at the Skoda India’s plant situated in Aurangabad.
Read more on Skoda’s Yeti geared to roll in India [Check Prices and Features]…
The most expensive car of all times has hit the Indian grounds. Called as Bugatti veyron 16.4 grand sport this Bugatti car is the most fastest and also the most expensive super car in the street legal category.
Read more on Bugatti veyron 16.4 grand sport version to set Indian roads on fire…
With the second largest automobile maker planning to launch its Hyundai Santa Fe India version during the festive season, all eyes are upon this power packed SUV that will take the roads by storm.
Read more on Hyundai Santa Fe India’s version of international SUV…
Mukesh Ambani’s house
The richest Indian is creating a history by building the costliest every house in south of Mumbai. Mukesh Ambani, India’s richest person and world’s fourth richest businessman is getting his new 27 storey house ready to move there by the end of this month. Click here Mukesh Ambani House Photos
It was a grand day for Tata motors on this Monday when they came up with their famous Tata Aria which is the first Indian origin four wheeler, which stands aside a multi utility vehicle and a sport car.
Read more on Tata Aria: Tata Motors launches the crossover comfy ARIA…
Orient Green Power
Orient Green Power has come up with its low price band shares in an initial public offering targeting long term investors. Arihant Capital Market has expressed its confidence in the IPO and has requested the investors to go for the shares valued at Rs 47-55 each. The company hopes to raise Rs 900 crore from the market to fund its biomass and wind power projects.
Read more on Orient Green Power IPO aims long term investors…
RBI
In the wake of high inflation, the Reserve Bank of India has increased the repo rate by 25 basis points, from 5.75 to 6% and the reverse repo rate by 50 basis points to 5% from 4.50%. The hikes are expected to be in the right direction and are supported by Finance Minister Pranab Mukherjee and chief economic advisor Kaushik Basu. The former hoped that the hike would ensure better liquidity while Basu said that the measure would not affect growth prospects. The revisions were made on Thursday and will come into force with immediate effect.
Read more on Reserve Bank of India hikes repo, reverse repo rates…
loksabha
With the increasing changes taking place in the government and the upcoming election season, the government has finally put down it perspective in concern to the much debated and waited Direct Taxes Code Bill (DTC) this Monday in the ongoing spring session of the Lok sabha. This bill introduces a new proposition to the existing Tax deduction limits which will now be raised to an amount of Rs 2 lakh from the existing exemption limit of Rs 1.6 lakh.
Read more on Direct tax code bill will bring relief from the current tax exemption limits form 2012…
Suzuki SlingShot
New Delhi, August 26, 2010: Keeping in mind the popular demands of fuel efficiency and style, Suzuki Motorcycle India Pvt. Ltd, the subsidiary of Suzuki Motor Corporation in India has launched its latest product, the Sling Shot. Along with the launch of the motorcycle the company also made public its intention of investing Rs.500 crore with the aim of enhancing the production capacity to double of the present by 2012.
Rupee vs dollar
The changing value of Indian rupee in the international market is creating concerns for even the world largest economy when its value rose on Thursday which was propelled by few profit margins in shares which were more or less native and the falling of the dollar value which has again shocked the economist and the trade analyst.
Read more on Indian Rupee Gaining Power in The World Economy, Dollar Loosing it…
Cervo Maruti
The current condition of the traffic in Delhi is very uninspiring. All the small car owners, for the first time in their life, are proud to possess a small car instead of a huge one. This is so because all the big cars have to be droven carefully, and a lot of care has to be taken while driving in traffic that it does not get hit here and there especially in a slow moving traffic.
With growing population of the country and demand for good English channels for entertainment, many companies are coming forward with new and innovative plans to target the English speaking class of the country.
Read more on Anil Ambani geared up to enter the Indian television industry with new channels…
On Tuesday, the automaker informed, 2,43,000 models have been ordered by General Motors Co. from the year 2009-2010. But only the crossover sport utilities have been asked for, especially in the United States of America. The above is being done for safety inspections and make required changes to improve the safetly belts in the car.
Read more on GM Recall 2.43,000 vehicle over safety concerns…
Last night, Cairn Energy was breathing its last in the hands of India, after it was being discussed to sell a part of it to Vedanta Resources.Vedanta Resources is a mining group which was being sold a part of the holdings of Cairn Energy from the Indian Offshoot.
IIP
India’s Industrial Output (IIP data) reported an expected rise of around 8.4% from a year ahead followed by a slowing growth procedure after a period of 8 months with an increase that will be double digits according to the polls done through Reuters.
Read more on IIP DATA will be the determining factor for Indian currency value…
Last week during a senate discussion the New York lawmaker Charles schumer had branded the top Indian companies like Infosys as ‘chop shop’ and had happily supported the law to raise the H1-B visa fees for them. This was a very harsh comment and in repose to this the Infosys team this Monday commented that they were very distressed at the accusation aimed at their lawful business.
Read more on “Infosys chop shop” comment by Charles Schumer, attacked by Infosys officials…
Ratan TATA
With Mr.Ratan Tata turning 75 in December 2012, he is all set to give off his position to another deserving successor for his empire. His sons have formulated a panel of members that includes five people along with another external member who will participate in the process.
Read more on Ratan Tata is all prepared to step down after he turns 75 in December 2012…
The second version of Suzuki Alto, Suzuki Alto K-10, is available in the market now.
The first Suzuki car in India, Suzuki 800, was launched somewhere in the mid 1980′s. Suzuki Alto was brought to the Indian roads in the year 2000.
Read more on Maruti-Suzuki Alto K10 to be seen on the Indian roads…
