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Rupee hits 57.32 against US Dollar
The rupee hit 57.32 marks on Thursday. This level is very close to rupee's all time low of 57.32 it had hit 11 months back. As per the traders, increased demand for the American currency from importers and a weak opening in the domestic…
TV Channels to follow 12m/hr Ad Rule from Oct 1
If you are pissed of heavy ads on TV channels, there is a good news for you. From October 1, 2013, the TV channels cannot irritate you more. They have been restricted to show Ads for just 12 minutes in an hour. Earlier, there was no…
Narayan Murthy returns as Infosys Executive Chairman
In a significant development, Infosys founder Narayana Murthy returns from his retirement as chairman emeritus to serve the company once again in the status of its executive chairman to handle the challenges that the company is facing and…
Kingfisher Airlines reports $380 Million Loss
Liquor baron Vijay Mallya’s Kingfisher Airlines Ltd, which was grounded since October 2012, has reported yet another quarter of loss to the tune of $380 million. While the debt-ridden Airlines is yet to win regulatory approvals from the…
Rupee hits 11-Month Low of 56.60 vs Dollar
Indian rupee declined by 20 paise to hit 11-month low of 56.60 against US dollar in early trade today. It put a tremendous pressure amid the increased demand for the American currency.
According to few analysts, the domestic currency is…
Mercedes launches A-Class at Rs 21.9 Lakh
India Chapter of the German luxury car major Mercedes-Benz launched the highly awaited A-Class in the compact segment in Mumbai on Thursday. The company launched the A180 CDI at an introductory price of Rs. 21,93,500 (ex-showroom Mumbai)…
TCS bags Rs 1,100 Cr Project from Postal Department
The Tata Consultancy Services (TCS) has achieved a major boost to its business by bagging a six-year contract worth Rs 1,100 crore from the Department of Posts (DoP). TCS will equip India Post with modern technologies and systems in order…
Govt mulls Change in PF Deduction Structure
The government has come up with a proposal to make drastic changes to the PF deduction structure, which means PF will be deducted from the total salary instead of 'basic wages'. The EPFO feels that the existing guidelines do not allow the…
Audi comes to Bhubaneswar
India chapter of the Luxury car maker Audi has opened its first showroom in Orissa. The opening took place in the capital city Bhubaneswar in presence of Bollywood actress Lara Dutta amongst others.
This is the 26th Showroom of Audi in…
Google planning Waze Acquisition for $1 Billion
By Himanshu Guru: With the advent of a ‘Smart-tech’ techno world, people are using Smartphone and other mobile devices, and thus, maps as well as navigation services have become a key asset for technology companies. In this nexus, like…