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Major tourist places to have Wi-Fi facility

New Delhi, May 22 (IANS): The government would soon provide Wi-Fi facilities at all major tourist places across India, Information Technology Minister Ravi Shankar Prasad said here on Thursday. “Taj Mahal, Sarnath, Bodh Gaya are some of the places that…

NStCB Ltd schemes empowering rural poor farmers in Nagaland

Chozuba, May 21 (MExN): The Nagaland State Co-operative Bank Ltd, Chozuba Branch organised financial literacy camp cum banking services programme at Phuhgi Village on May 17 supported under FIF Managed by NABARD.   S. Kevi Hibo ABM acknowledged the significant…

Barclays fined 1.5 bn pounds for forex rigging

London, May 21 (IANS): British bank Barclays announced on Wednesday that it has agreed to pay a total fine of 1.533 billion pounds (or $2.4 billion) to British and American regulators for the manipulation of foreign exchange and currency. Barclays…

Now on India will grow faster, outpace China: UN

United Nations, May 20 (IANS): India is expected to log a growth of 7.6 percent this year and 7.7 percent, nearly 1.5 percentage points higher than the outlook just four months ago, in a clear sign that it will outpace…

India ranks highest in global consumer confidence survey

New York, May 20 (IANS): India, with a score of 130, ranked the highest in consumer confidence among 60 markets. The online survey released on Wednesday was measured by American agency Nielsen.   India’s score of 130 was one point…

Kwid: Renault unveils its cheapest new car in India

Chennai, May 20 (IANS): Unveiling Renault’s global small on Wednesday, a top company official said the model would mark the French automobile major’s entry into the volume segment in India.   “The Renault Kwid will be priced between Rs.3 to…

Tata Motors launches GenX Nano

Tata Motors launches GenX Nano

Mumbai, May 19 (IANS): India’s automobile major Tata Motors on Tuesday launched the GenX Nano, a new technologically advanced entry level hatchback car with a starting price of Rs.1.99 lakh. Mayank Pareek, company president for passenger vehicles, said Nano has…

First time in 20 yrs, Indian mobile phone sales drop

New Delhi, May 18 (IANS/IndiaSpend): Indian mobile-phone sales have dropped for the first time in 20 years, raising the question: Is a slowdown at hand for the world’s fastest-growing smartphone market?   Mobile sales dropped 14.5% the first quarter (Q1,…

Adani, Bharti grab bulk of 26 deals worth $22 bn with China

Shanghai, May 16 (IANS): Twenty six pacts worth $22 billion! That was the sum and substance of the pacts signed between the businesses of India and China on Saturday, the major ones accounted for by the Adani and Bharti groups,…

Greed bad for business

New York, May 16 (IANS): Top managers who cannot resist demanding hefty compensation even in a company’s times of stress end up harming the organisation, three new studies suggest. Greedy chief executive officers (CEOs) tend to take certain risks only…

‘Tough times ahead for public sector banks’

Chennai, May 15 (IANS): Government-owned mortgage lenders are suffering slippages in their non-performing assets (NPA) and would continue to lose business to private sector players till the Indian economy picks up, say experts.   “It is seen from the results…

Coal India donates Rs.5 cr to PM’s relief fund

Kolkata, May 15 (IANS): World’s largest coal miner Coal India Limited (CIL) on Friday contributed Rs.5 crore to the Prime Minister’s relief fund to help the quake-stuck people in Nepal and some states in India. CIL chairman Sutirtha Bhattacharya handed…