Credit Suisse Research Institute conducted a study on the attitude of people towards personal finances over various countries and proved that Indians are liberal with spending amount on education though they have strong tendencies of saving. Institute pointed out through its study that Indian consumers are more confident with their personal finances than others residing […]
Country Chicken, Australian fast-food chain launched its first outlet in India in Coimbatore on Wednesday. 300 such outlets are planned across India by 2015. The company would invest nearly Rs 200 crore for expansion of Country Chicken (India) with 80% in tier II and III cities including franchisees as said by Mr Ramakrishna, CEO Country […]
PepsiCo, global soft drinks and snacks manufacturer is planning to expand its reach in the health and wellness sector. As a part of it, company introduced a premium range of potato chips, “Lays Baked” which has 50% less fat than its existing fried products on Wednesday under Lays brand. Along with brands like Pepsi, Kurkure, […]
According to sources, Reliance Communications is planning an initial public offering (IPO) of Reliance Globalcom in Singapore. Reliance may sell 75% stake in this company, through which Reliance Communications is looking forward to raising up to $1.5 billion. The company has a debt of nearly Rs 32,000 crore by the end of September 2011. To […]
Bharti Airtel is planning to increase its subscriber base by one fourth of its actual value in this year. This decision was taken keeping in mind the growing demand for data services said company’s managing director on Wednesday. Bharti, is very much looking forward to win market share in various places of Africa such as […]
It is well known that majority of India prefers foreign studies and degrees especially in USA and UK. But latest statistics reveal that the unemployment rate or the number of Britons without work has reached to 22.3%, the highest value in 17 years as said by Office for National Statistics on Wednesday. The number of […]
As inflation started showing signs of decreasing a lot of changes have taken place in the market. Headline inflation fell to 7.47% in December 2011, from 9.11% in the previous month. This is the lowest inflation value in the past two years according to the report given by Wholesale Price Index (WPI). Assocham, The Associated […]
The performance of Standard & Poor’s 500-stock index has been worse in the last 12 years. Since the technology bubble burst in 2000, the S&P 500-stock index has been seeing downfall. However, based on the Dow Jones US Select Dividend index, shares of those companies that paid dividends returned an average of 8% a year […]
