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Agreement Between RINL and NMDC for various Plant Projects Worth Rs. 2200 Crores

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Another agreement of two companies is set to happen for a Rs 2,200-crore project. The two companies that will be teaming up is the NMDC and RINL. The project would include an installation of a 336-km slurry pipeline from Jagdalpur to Visakhapatnam. The tying up of these two companies would surely help one another address […]


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Bharti Airtel to buy stakes in Qualcomm for Rs. 850 Crores

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For the couple of years Bharti Airtel has been in constant competition with Reliance Industry that offers 4G technology-based broadband network. To give Airtel another boost of this competition, they have acquired 49 per cent of stake in Qualcomm’s broadband venture for $165 million (Approx. Rs. 850 Crores). By 2014, they will have full control […]


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Power Finance Corporation using Medium Term Bond issue to raise Rs. 1000 Crore

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Two tranches of bonds are being raised by infrastructure finance company wherein the two bonds will be maturing in seven and five years. The bond maturing for five year comes with a call and will put option after three years while the other bond will put option after five years. The coupon of the five […]


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Tata Motors, Hyundai, Suzuki Offer Rs. 50,000 Discounts to address Petrol Price hikes

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Oil price hike has become a major problem of car dealers even for those that are leading in the car industry like Hyundai Motor and Tata Motors. There is a time that the price of oil in India had a record hike of Rs 7.50 per liter. If this will continue, people will not only […]


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The new M-Class of Mercedes-Benz launched in India

New Mercedes Benz M Class

As promised, the German luxury car maker Mercedes-Benz had introduced an exciting and a new model in the car industry. This is through the launching its third generation sports utility vehicle which they named M-class. This new car is priced at Rs 56.9 lakh. The company is quite optimistic that this new car would be […]


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Bharti Airtel Appoints Alcatel Lucent To Create IP network for faster mobile broadband speeds

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Bharti Airtel has selected Alcatel-Lucent to create CEN (Carrier grade Ethernet) based IP – access network- thereby enabling the operator to deliver faster mobile broadband speeds to its customers. This IP network will allow Bharti Airtel to meet the surging bandwidth requirements of customers while accessing data, video and Internet services on an array of […]


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Infosys Up for a Rs. 600 Crore SEZ project

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After receiving the right legal documents for their clearance, the Infosys, an IT company will set up its second biggest facility that is worth around Rs 600 crore which will be situated in Bangalore. This is definitely a good news for people in Bangalore since it will provide around 8,000 vacant jobs for people their. […]


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1,000 clerks to be hired by Syndicate Bank

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Good news for people who are looking for a job since the Syndicate Bank will be recruiting 1,000 probationary clerks. The candidate who wanted to apply for the position should have a good score in the common written examination for clerical cadre which will be conducted by IBPS. There are also other requirements that need […]


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