One of the US senator asked Diebold, Ohio based security System Company not to move 200 IT and back office jobs to India. It is heard that the company cited reasons like lack of potential skill shortage in the country to move such jobs to India over next two years. An official letter from the […]
Soaring of poppy prices in the International markets resulted in the increase of tariffs by Central Board of Excise and Customs (CBEC) from $ 2, 850 in the past week to $ 3,680 effective from April 16th, a notice said. This greatly influenced domestic prices and they are expected to be above Rs.275 per Kg […]
The joint venture of Bharat Forge Ltd. and Alstom, the Alstom Bharat Forge Power Ltd. (ABFPL) has bagged an order worth Rs.1570 crore orders for supply, engineering, manufacturing of super critical steam turbine generators for NTPC’s upcoming power project at Solapur, Maharashtra. This JV is expected to be commissioned by 2013 with an annual capacity […]
Sesa Goa will be starting their exploration work in the Liberian mines for Iron ore which is expected to be over 1 billion tonnes. Company has acquired a stake of 51% in Western Clusters Limited, which was supposed to develop the project for Rs.411 crore. Licenses of three blocks are ready and the exploration work […]
With a revenue increase of 26% in Jammu and Kashmir, Amway is planning to setup a manufacturing unit in the state in next 3 years with an investment of Rs.400-500 crore. Amway Indian enterprises is the country’s largest direct selling FMCG Company which recorded sales of Rs.14.5 crore in the state. J & K is […]
India’s first radar imaging satellite was designated into orbit today, April 26 with the aid of India’s reliable workhorse, the PSLV rocket. The name of the satellite is RISAT -1. All of India should be proud and happy for this since it just shows that development is not anymore aloof to them. The new technology […]
Vespa has come back for the third time and with a bang; this time being launched by the original maker ‘Piaggio’! Europe’s best selling scooter Vespa LX 125 is now in India at an ex-showroom price of Rs. 66,661/-. However, this price is about 15-25% higher than those of existing scooters like Activa, Access and […]
For a long time, since US is the more supreme when it comes to economy, India has long been taking benefits from the said country. India had not provided any job opportunities in the US since doing it in their own promises is somehow difficult. But, this is a long time ago and today, India […]
