Wednesday , 14 November 2018
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Tanishq’s ‘Utsava’ collection PANAJI: The festive season is just around the corner, and Tanishq has geared up to celebrate this Diwali with complete style. Introducing ‘Utsava’ – an enchanting collection that showcases the rich culture and beauty of our country, Please like & share: Read More »

Bihar’s Shahi litchi gets GI tag

PATNA: After Katrani rice, Jardalu mango and Magahi paan (betel vine), Bihars Shahi litchi has got the Geographical Indication (GI) tag and has become an exclusive brand in the national and international market, an official said on Thursday. Please like & share: Read More »

VMware to invest 2 billion dollars in India over next 5 years

IANS   NEW DELHI Leading enterprise software provider VMware on Wednesday announced it will invest $2 billion in India over the next five years towards expanding its facilities, increase headcount and ramp up research and development activities. The investment, part of the company’s overall global investment strategy will enable the company to support its growing sales operations in India, CEO ... Read More »

Strategies to combat high oil prices

D M Deshpande This is not the first time that the global oil prices have spiked suddenly within a relatively very short span of time; nor is it going to be the last time. Oil remains arguably the most significant commodity in international trade. It has displayed volatility time and again in global markets, as is the case presently. Predicting ... Read More »

Railways pitches for strategic line in Leh to be declared national project

PTI   NEW DELHI Railways has proposed that its strategically significant Bilaspur-Manali-Leh line along the Indo-China border, which will be the world’s highest railway track, be declared a national project, officials said Wednesday. It has also suggested that the construction on a 51 kilometre stretch between Upshi in Himachal Pradesh and Phe in Leh begin immediately. “The first phase of ... Read More »

RBI approves 3-year term for Bakhshi as ICICI Bank chief

PTI   NEW DELHI Adopting a seemingly cautious approach, the Reserve Bank of India (RBI) has approved appointment of Sandeep Bakhshi as ICICI Bank’s managing director and chief executive officer for three years as against a five-year term sought by the lender. ICICI Bank on Tuesday informed the stock exchanges that the RBI has cleared Bakhshi’s appointment for three years ... Read More »

Govt hikes GPF interest rate to 8% for Oct-Dec quarter

PTI   NEW DELHI The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter. The rate is in line with that for Public Provident Fund. The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19. “… ... Read More »

Audi to pay 800 mn euro fine in Germany over diesel cheating

AGENCIES   FRANKFURT AM MAIN Volkswagen said Tuesday its subsidiary Audi had agreed to pay an 800-million-euro (USD 927 million) fine issued by German prosecutors to close a diesel cheating investigation. “Audi AG has accepted the fine” investigators levied for “deviations from regulatory requirements in certain V6 and V8 diesel aggregates (motors) and diesel vehicles”, the group said in a ... Read More »

BSNL-Nokia sign MoU for Industry 4.0

IANS   CHENNAI Public sector telecom operator Bharat Sanchar Nigam Ltd (BSNL) has signed a MoU with telecom equipment maker Nokia Solutions and Networks India Pvt Ltd for Industry 4.0, an official said on Tuesday. The BSNL will also approach various industries for implementing Industry 4.0 in the country, BSNL chairman and managing director Anupam Shrivastava told reporters here. Industry ... Read More »

Malabar Gold and Diamonds to triple outlets to 750

MUMBAI: Malabar Gold & Diamonds, one of the world’s largest jewellery retailer, announced its ambitious global growth plan on the eve of its Silver Jubilee (25 years) celebrations that will see the company triple its retail network from 250 showrooms this year to 750 outlets in the next five years with annual turnover exceeding US$6.16 billion (Rs 45,000 crore) and ... Read More »