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Facebook’s Zuckerberg paid record USD 2.2 billion

Facebook’s Zuckerberg paid record USD 2.2 billion

Facebook chief Mark Zuckerberg set a new record for corporate compensation in 2012 with a package worth more than USD 2.278 billion, according to a survey by a corporate governance…

Joyalukkas to have 54 outlets in India by March

Joyalukkas to have 54 outlets in India by March

Joyalukkas Group proposes to open 54 outlets in India by March 2014, and was targetting a total turnover of Rs 12,000 crore this fiscal, a top company official said Wednesday.…

LIC HFL reduces home loan rates by 0.25 per cent

LIC HFL reduces home loan rates by 0.25 per cent

Housing finance company LIC Housing Finance (LIC HFL) on Monday said it has reduced home loan rates by 0.25 per cent with effect from October 15. The new rates on…

China proposes future reform for IMF and WB

China proposes future reform for IMF and WB

China has made some specific proposals on the future direction and reform process of International Monetary Fund (IMF) and the World Bank (WB). “Firstly, the World Bank Group needs to…

SBI slashes interest rates on car, consumer goods

SBI slashes interest rates on car, consumer goods

State Bank of India (SBI) on Wednesday reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival…

U.S launches new USD 100 banknote

U.S launches new USD 100 banknote

Washington, Oct 8, 2013: The United States launches on Tuesday a new USD 100 bill that comes with, for the iconic greenback, a new touch of colour, as well as…

MA Yousuf Ali most powerful Indian in Gulf for 4th year in row

MA Yousuf Ali most powerful Indian in Gulf for 4th year in row

NRI businessman Yusuffali MA, who runs the largest retail chain in the UAE, has topped the list of the most-powerful Indians in the Gulf for the 4th time in a…

UP ranks highest in investments in real estate sector

UP ranks highest in investments in real estate sector

Uttar Pradesh has been ranked top with maximum share of about 40 per cent in the new investments attracted by real estate sector among top 20 states across the country…

India sees largest rise in super-rich club among BRICS: Report

India sees largest rise in super-rich club among BRICS: Report

Notwithstanding the continuing economic gloom, India has recorded the largest increase in its Ultra-High Networth Individual (HNIW) club among the BRICS nations in the last one year, with a total…

New food law: NABARD to put up 10K warehouses in panchayats

New food law: NABARD to put up 10K warehouses in panchayats

Anticipating that Food Security Act may create a storage capacity shortfall for around 15 lakh tonne foodgrain, Nabard has kick-started an ambitious project to build 10,000 warehouses at panchayat level…