SpiceJet has announced yet another sale, this time for Rs 699, for bookings next year. The “Early New Year” sale offer starts today and will be available till mid night September 18, 2014. It is applicable for travel between January 16, 2015 and October 24, 2015. “Customers planning for new years, Valentine’s Day, summer vacation, […]
A new report from Crisil Research has reopened the perennial problem pestering Indian car buyers – should you buy a diesel car or a petrol car? Which would be cheaper to run and own in the long run? While the answer was unambiguous for the last four years, Crisil Research says the recent cuts in […]
When it rains, it pours. Days after the introduction of the Xiaomi Redmi 1S priced at Rs 5,999, a host of cheap 5-inch Android phones are hitting the market, with the Karbonn Mobile’s Titanium S12 being the latest. The Titanium S12 will be launched in India next week along with the Spice Android One Dream […]
Aircel Cellular said it has restored its 2G services in most part of the Kashmir region, enabling thousands of people stranded to connect with their families and friends. Aircel 2G is operating in Anantnag, Bandipora, Shopian, Kulgam, Pulwama, Srinagar, Budgam, Bonigam and Ganderbal, the mobile operator said. Jammu and Kashmir has been hit by floods […]
National Real Estate Developers Council (NAEDCO) asked for lowering of interest rates on home loans to 8% and said it would help achieve housing for all by 2022. In a ‘Delhi Declaration’ issued at the end of the two-day national convention, NAREDCO welcomed the government’s commitment to clear various bottlenecks in implementing the policy and […]
The floods in Jammu and Kashmir have caused an immediate loss of Rs 5,400-5700 crore, well exceeding 10 % of the state’s GDP with heavy damages to trade, hotels, restaurants, horticulture and handicraft, according to ASSOCHAM. The total loss estimated are Rs 2,630 crore only to the hotels, trade, agriculture-horticulture, roads and bridges in the […]
Despite repeated clarifications from the Central Government, a district consumer forum has dismissed a consumer complaint against Bharti Airtel Ltd and asked the consumer to set up arbitration against the telecom company to resolve a billing dispute of Rs 347. Arbitration panels are usually set up for heavy matters that typically involve hundreds or thousands […]
Union Food Processing Industries Minister Smt. Harsimrat Kaur Badal said her ministry will try to bring down losses in the agricultural commodities, particularly in fruits and vegetables, from the present 18% to much lower levels. Addressing the meeting organised by the Ministry of Food Processing Industries (MOFPI) in association with the Associated Chamber of Commerce […]
Idea Cellular Ltd, India’s third biggest mobile company, has been fined Rs 25,000 for deactivating a SIM. Idea claimed that the connection was deactivated due to disuse, while the consumer, Anand Krishnan of Kasargod in Kerala, claimed that the number was in use regularly. Krishnan produced a call list of his BSNL landline number which […]
Power and infrastucture player Lanco plans to sell 3000 MW of assets to raise Rs 5,000 crores cash to reduce its debt, the company said. “Since last one year, we have been working on each of the projects to settle the issues and bring back viability. With all these measures as well as in the […]
A New Delhi consumer forum has imposed a fine of Rs 5 lakh on Bharti Airtel Ltd after the company continued to seek dues from a person even after the bill was paid. In a complaint by IT professional Jasmeet Singh Puri, the forum also expressed its consternation at the “lackadaisical attitude” of Bharti Airtel’s […]
Bisleri International has entered the energy drink segment with a non-caffeinated drink, URZZA. With this, Ramesh Chauhan marks his re-entry into the carbonated soft drinks segment 22 years after selling iconic soft drink brands like Thums-Up, Limca, Gold Spot, and Mazza. Positioned as a great tasting ‘Liquid Charger’, Bisleri URZZA is the first energy drink […]
Close on the heels of its 1,999 rupee offer, SpiceJet has announced one more offer under a Rs 599 scheme. One way fares start at Rs 599 (including fuel surcharge, but excluding statutory taxes and fees)) and Rs. 1999 (all-in). It must be noted that the low fare is not available on all flights, or […]
The Great Eastern Shipping Company Limited said it has signed a contract to buy a Supramax Bulk Carrier of about 52,454 dead weight tonnes. The 2006 built vessel is expected to join the Company’s fleet in September-October 2014, it said. The Company’s current fleet stands at 30 vessels, comprising 22 tankers (8 crude carriers, 12 […]
Film and entertainment rights holder Shemaroo Entertainment will kick-off its IPO process on Tuesday, when it will announce the dates on which the IPO will open. The IPO is likely to be conducted within September. There have been only two IPOs this year — those of Wonderla Holidays and Engineers India Ltd. Another one, Loha […]
The Delhi High Court today issued notice to the Ministry of Home Affairs (MHA) seeking its response in a petition filed by Greenpeace India alleging that the government had blocked its foreign funds. The court also directed that Greenpeace India’s blocked funds to be moved from RBI’s account to the NGO’s account with IDBI Bank, […]
Tata Power said it has got its standby power generation in operation to supplement its capacity in Mumbai after a regular unit tripped yesterday. The company said unit no 6, an oil-fired power plant, has been put into generation pending work going on at the fifth unit. “While Unit No.5 restoration work is still under […]
Hiring levels continued to be robust in India, according to the Monster Employment Index for August. The index, which compares hiring in a particular month against a base month, saw hiring activity hold firm in line with the trend seen since February. Hiring activity, as measured by the index, has remained at the 150-154 range […]
Yamaha Motor India Sales Pvt. Ltd. has registered a growth of 24% in domestic sales during August 2014 compared to a year ago. The company sold 53,242 units in August 2014 as against 42,995 units sold in August last year in the domestic market. “Our FZ series is the second largest selling brand in the […]
Tata Motors said it had received an order from KSRTC (Karnataka State Road Transport Corporation) to supply 487 Tata Marcopolo built buses and another for 780 to HRTC (Himachal Road Transport Corporation) as per “Urban Bus Specifications” under JNNURM – II scheme. These orders are part of the over 2700 orders for Tata Motors ‘URBAN’ […]
