SunEdison had been known for its solar energy projects and services which might also be the reason why the International Finance Corporation (IFC) is going to provide them with Rs 75 crore, which they will be using to fund their photovoltaic power project in South East Asia, South Asia and sub-Saharan Africa. This just shows […]
Among the leading company in microfinance is SKS Microfinance Ltd with around 3,400 employees and 180 branches. But, even though this company is doing well, it had also experienced some business problems that led closing down 78 of its branches. This is quite sad news for surely a lot of people will be affected and […]
A purifier that can disinfect bacteria and virus is about to be launch by Eureka Forbes. According to Shapoorji Pallonji Group, the concept behind the Aquasure Galaxy is base on the technology used in space shuttles. As the name implies, they are trying to incorporate a space shuttle technology in their product. This product was […]
For the quarter that ended March 31, 2012, ABB net profit had dropped to about 2 per cent at Rs 47,364 crore. This number was compared to the last year’s corresponding quarter. There might be a lot of reason for this, but the company is definitely doing their best in order for the problem not […]
Tata motors and MDI technology have come to an agreement to use the air engine technology (that uses Compressed Air) of MDI on Tata Motors vehicle. According to Tata Motors the first phase to product these type of vehicles was a success. The agreement of this two companies were done last January 2007. With this […]
Last January 2012, the known company Renault had launched the Pulse diesel version and just recently it had launched its petrol version. Three variants of this petrol version are launched with key features like 3 cylinder, 1.2-litre capacity of fuel, 80PS motor which is mated to a five-speed gearbox. The prices of these versions range […]
After its takeover was rejected last month by the U.S. biotech group’s board, the GlaxoSmithKline will take its $2.6 billion bid for Human Genome Sciences direct to stakeholders. According to Hodson Stonex, currently the sixth largest investor in Human Genome, GSK made a good decision. But, still they will be facing payments for this. The […]
An unknown source once said that HSBC had agreed to absorb the entire RBS staff. But now, the problem is that not everybody will be retained. It is also not clear how many possible will be filled. There is still not comment about this on part of the HSBC spokesperson. While on the other hand, […]
