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Govt promises broadband facility in every village

Govt promises broadband facility in every village

The Centre promised to extend the broadband facility to every village in the country with the active cooperation of state governments. Telecommunication and IT Minister Ravi Shankar Prasad said more…

Chinese renminbi developing as major world currency

Chinese renminbi developing as major world currency

Chinese renminbi (RMB) is on track to become the third-largest international currency behind the U.S dollar and the Euro within five years as the eastern nation accelerates promotion of its…

Ashok Leyland introduces 2015’s in Saudi Arabia

Ashok Leyland introduces 2015’s in Saudi Arabia

Ashok Leyland, a market leader in staff transport solutions category in Saudi Arabia, is launching the 2015 models this month. A company statement said it has established itself as the…

Sensex up 149 pts after RBI eases infra financing norms

Sensex up 149 pts after RBI eases infra financing norms

Mumbai, July 16, 2014: The benchmark BSE Sensex gained over 149 points in early trade on Wednesday on increased buying by funds and retail investors after the RBI relaxed financing…

BRICS nations commit to refrain from protectionist measures

BRICS nations commit to refrain from protectionist measures

BRICS nations have expressed commitment to refrain from taking any protectionist measures and improve policy coordination to enhance trade and investment. “They (BRICS trade ministers) reaffirmed their commitment to refrain…

Bentley announces half-year sales record

Bentley announces half-year sales record

Bentley has sold 5,254 cars in the first six months of 2014, thereby accounting for a growth of 25 percent compared to the same period in 2013. The British carmaker…

Maruti Ritz Elate launched

Maruti Ritz Elate launched

Maruti has launched a special edition variant of the Ritz hatchback called the Ritz Elate. The Ritz Elate is priced at Rs 20,000 more than the standard variant. The special…

Microsoft to reinvent productivity : Satya Nadella

Microsoft to reinvent productivity : Satya Nadella

With its “mobile-first, cloud- first world” concept, Microsoft aims to reinvent productivity to empower every person and organisation on the planet, company’s CEO Satya Nadella said. “This is a bold…

Govt slaps $579 mn additional penalty on RIL

Govt slaps $579 mn additional penalty on RIL

The government has slapped an additional penalty of $579 million on Reliance Industries Ltd (RIL) for producing less than targeted natural gas from its KG-D6 block, said Oil Minister Dharmendra…

SEBI warns market entities against Taliban, Al-Qaeda funds

SEBI warns market entities against Taliban, Al-Qaeda funds

To safeguard Indian markets from terrorist financing risks, regulator SEBI has issued fresh warnings to stock exchanges and other entities to caution them against Taliban and Al-Qaeda linked organisations and…