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Rs. 12,000 crore to be infused by RBI through Open Market Operation

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The government of India decided last June 22 that they will be buying government securities to ease the liquidity situation. This is one way where the Reserve Bank of India will pump in Rs 12,000 crore into the market through Open Market Operations. For the detail, the RBI will purchase government securities maturing in different […]


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Infosys Delays Hiring 28,000 Recruits Till June 2013 – Recession?

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On Monday, the Economic Times reported that Infosys will be holding its plan to take 28,000 new recruits until the mid-2013. This is due to the problems that are faced by the company which is considered as India’s No 2 software service company. This goes to show that even big companies experience a lot of […]


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RCOM Partners With BigFlix; To Start 3G Mobile Movie Rental At Rs. 30 Per Movie

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The Reliance Communications Ltd is definitely doing its best in order to stay longer in the industry. In order to become more successful in their venture they decided to be in partnership with Big Flix and the announcement about this tie up was made last Monday. This is a part of the company’s digital entertainment […]


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Homes sales In NCR and Mumbai Down By 55%

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According to property research and analytics firm PropEquity, Home sales in Delhi-NCR and the Mumbai Metropolitan Region is down for about 50% for the month of January-March 2012. This happens due to economic problems and also with the high price of homes these days. There are some who could not anymore afford the cost of […]


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Diabetes Drugs Market Grows At 22% India – Diabetes problem getting worse!

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According to a Credit Suisse report, the domestic diabetes drugs market for the FY 2012 grew 22 per cent at $700 million. This might be good news to businesses that sells these drugs, but definitely not good news for the government that aims to have a healthy and safe people. This report just shows that […]


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Ansal To Surrender Its Gurgaon SEZ

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Due to the implementation of minimum alternate tax and economic problems, the Ansal SEZ Projects have decided to surrender to the government its special economic zone in Gurgaon. This request of the SEZ project will be handed to the Board of Approval (BoA) and is schedule for thorough discussion on July 6. Some developers of […]


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Stratech’s surveillance system to be marketed by Punj Lloyd in India

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We all know the importance of surveillance cameras in airports and with this, Stratech Systems – a company in Singapore decided to reach the market of India. The company decided to tie up with Punj Lloyd in order to market their business in airports in the country. The main task of the Punj Lloyd is […]


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Rs. 225 crore Power Grid Transformers Contract bagged by Alstom T&D India

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Alstom T&D India was given a project from the Power Grid Corporation of India Ltd. The nature of the project will be to supply and commissioning of transformers. The project is worth Rs 225 crore. These transformers will be used at Ranchi in Jharkhand, Dharamjaygarh n Chhatitisgarh and Aurangabad in Maharashtra. According to the statement […]


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