The Maharashtra government may likely to generate over Rs. 10,000 crores (approx) revenues in its coffers due to Kumbh Mela, scheduled after 12 years in Nashik, reveals an ASSOCHAM latest assessment. The Maha Kumbh, starting from 14 July in Nasikh will generate additional employment opportunities for over 4.5 lakhs workforce in sectors such as airlines […]
PVR has opened its 106th Multiplex today at VED Trans Cube Plaza, Vadodara, Gujarat. The theatre complex will support 3D technology with 7.1 audio, and offers a “wide range of food options”. Spread across an area of 49,600 sq ft, the multiplex is equipped with a seating capacity of 1,239 seats, the cinema company said. […]
Greenpeace India, which has been under scrutiny by the Union Home ministry for “preventing economic growth in India” and on social media for the way it handled sexual harassment allegations, said it was changing its India leadership. “Greenpeace India’s Executive Director Samit Aich and Programmes Director Divya Raghunandan have bid adieu, and we graciously welcome […]
Maruti Suzuki said it has now sold one lakh Celerios – increasingly its mainstay model. Launched at Delhi Auto Expo 2014, Celerio is credited with introducing Auto Gear Shift Technology in the Indian automobile industry. Celerio is one of Maruti Suzuki’s top selling models and among the top 10 selling cars in India. The car […]
Lodha Developers, which describes itself as the largest real estate developer in the country, said it has got more applications for its upcoming Prime Central Thane residential project than the number of units on sale. Against around 2,000 1- and 2-bedroom homes, it got applications for 2,500 in the nine-day IPO style event, it said. […]
Samsung Galaxy A8 is on track for its India launch over the next three weeks, according to industry sources, and the handset is likely to be the Korean brand’s primary offering in the mid range, with a sticker price of around Rs 31,900. Depending on the exact timing, actual online retail price would be around […]
Essar group has signed a non-binding Term Sheet with Russian oil and gas major Rosneft to explore the possibility of the Russian company investing in Essar oil with a share of up to 49% of equity, the Indian company said. It also said that OJSC Rosneft Oil Company (‘Rosneft’) will supply Essar Oil will crude […]
European credit investors see more possibility of contagion from emerging market risks via Brazil than other major emerging markets (EMs), according to Fitch Ratings’ latest senior investor survey. Seventy-six percent of respondents to the survey, which closed on 2 July, selected Brazil when asked to choose two countries from a list of five where they […]
Maruti Suzuki announced that it has started accepting pre-launch bookings for S-CROSS, India’s first premium crossover. “S-CROSS combines the power and performance of an SUV with the comfort and premiumness of a sedan. Two engine options are available: DDiS 200 and DDiS 320,” said the company. The car is arguably the most stylish vehicle launched […]
After registered sales of mobile phones, it’s registered sales of flats. Tata Value Homes, an arm of Tata Housing Development Company, announced India’s first online exhibition for an exclusive audience through a valid invite code. Registrations for this three day event starting 13th to 15th July, have begun on www.tatavaluehomes.com. “With this launch, Tata Value […]
Bharti Enterprises — parent of Bharti Airtel, appointed PespsiCo veteran Rahul Bhatnagar as Managing Director & Chief Financial Officer, and said Manoj Kohli will step down. Bhatnagar will report to Sunil Bharti Mittal, Chairman, Bharti Enterprises. Rahul takes over from Manoj Kohli, who has assumed the role of Executive Chairman, SBG Cleantech – a JV […]
Diamond industry associations jointly decided not to suspend imports of rough diamonds right now, and to deal with the issues facing the industry through further consultations. The industry considered clamping down on imports, but decided against it as “as the workforce in factories will be the first priority for the trade.” At present, the Indian […]
Axis Bank, India’s third largest private sector bank, has added touch authentication for transactions through its mobile app for its iOS app. The feature will not be available in the Android version of the app. Bank customers using Apple iPhone 5s and above can now complete their financial transactions such as bill payments, mobile recharge […]
Nissan launched a new variant of its Micra CVT Automatic hatchback, bringing the automatic transmission feature to a variant below the top version. The Micra CVT Automatic will now be available in a new XL variant, which is positioned just below the top-of-the-line XV variant. “The demand for automatic cars has risen to over 3.5% […]
After debuting in cities like Pune, Noida and Mumbai, the Fashion TV brand will be emblazoned on an apartment in Lucknow. New Modern Buildwell, a Lucknow-based builder, has tied up with FTV to develop an ultra-luxury residential project in Lucknow. “The tie-up aims to build a plush and premier real estate project on the lines […]
BMW X3 xDrive30d M Sport, the sporty edition of the BMW X3, has been launched in India today at a price of around Rs 60 lakhs ex-showroom, Delhi. The BMW X3 is a compact luxury crossover SUV manufactured by German automaker since 2003. Based on the BMW 3 Series platform, and now in its second […]
Some people age far faster than others even if they look young, a study of over a thousand people conducted by University of Otago in New Zealand confirmed. The study found that at a real age of 38, some of the participants were showing signs of being much older than they should be even if […]
ICICI Bank has upgraded its mobile banking app ‘iMobile’ by taking the total number of services that the users can avail of to over 100. The new app will help customers connect with the Bank’s call centre from within the app without any further authentication, withdraw cash from an ATM without using a card, tag […]
Moody’s Investors Service said that India’s base metals industry — aluminium, copper, and zinc — will benefit from increased demand, easing restrictions on raw material availability, and relatively low production costs. “We expect India’s consumption of base metals to increase by 8%-10% annually over the next three years, driven primarily by demand from three sectors: […]
Parag Sawant, the last survivor of the Mumbai 7/11 serial blasts passed away today morning at the P.D. Hinduja Hospital in Mumbai. Parag Sawant had been admitted to the hospital on July 12, 2006 post the 7/11 serial blasts in Mumbai with severe head injuries. He was in deep coma for about two years and […]
