Russia, India to jointly drill for Arctic oil through Rosneft, ONGC

India’s Oil and Natural Gas Corp (ONGC) will drill for oil in the Russian Arctic region in association with Rosneft, the biggest oil company in Russia. The companies will co-operate in subsurface surveys, exploration and appraisal activities and hydrocarbons production in Russia’s offshore Arctic, ONGC said in a statement. India has been hungry for hydrocarbons […]

Modi Government could face Rupee problems as foreign inflows double – report

Riding on huge expectations from the incoming Modi Government, global investors are gung ho on the Indian economy which is expected to see a doubling of foreign investment inflows- including FDI and FIIs- to above USD 60 billion in the current financial year than about USD 29 billion in the fiscal 2013-14, an ASSOCHAM study […]

Ford reopens booking for EcoSport

Ford India said it has re-opened bookings for all variants of its most awarded, urban SUV Ford EcoSport. Ford India had stopped bookings for EcoSport after the waiting time got too long due to high demand. “With 50,000 EcoSports delivered, we have significantly reduced the waiting period and are pleased to extend the opportunity to […]

TIME rejects 93% of Modi votes as fake, declares Kejriwal winner

US based TIME Magazine declared Aam Aadmi Party head Arvind Kejriwal the winner of its global poll to take reader inputs on the top 100 people who influenced the world the most past year. It rejected over 93% of Modi’s votes and over 88% of Kejriwal’s votes as fakes, before declaring the Aam Aadmi Party […]

Kejriwal Tops Time Magazine’s Global Top 100 People of 2014 Poll

Just hours after he emerged as the most popular nominee from India, Aam Aadmi Party founder Arvind Kejriwal has beaten a slew of American celebrities to emerge as the candidate with the most ‘yes’ votes on Time Magazine’s “100 Most Influential People” in the world in 2014. UPDATE: TIME has rejected most of the votes […]

TIME Poll – Onlookers wonder as Kejriwal beats Modi 4:1

Is upstart political campaigner Arvind Kejriwal more popular than Narendra Modi, the larger-than-life prime ministerial candidate of the Bhartiya Janata Party? UPDATE: TIME has rejected most of the votes as fakes in its final tally, but maintained Kejriwal as the winner. It would seem so, at least from the initial indications on the poll to […]

Consultants make a cool Rs 700-800 cr from general elections – study

Consulting firms that help political parties plan their campaign and media strategy are making around Rs 700-800 crore from the general elections, a study by industry body ASSOCHAM found. While releasing the ASSOCHAM paper on “LokSabha elections throw new biz opportunities” Mr. D S Rawat, Secretary General ASSOCHAM said, “the disaggregating of the poll data […]

ICICI Bank told to pay Rs 50,000 for wrongly dishonoring cheque

ICICI Bank Ltd has been asked to pay Rs 50,000 to a person whose cheque was wrongly rejected by the Bank despite his account having sufficient balance. The National Consumer Disputes Redressal Commission asked the bank to pay Rs 40,000 as compensation and Rs 10,000 as costs to Rajendra Kumar Agarwal, a resident of Kolkata. […]

Dead insects in Fanta; Hindustan Coca-Cola to pay

The National Consumer Disputes Redressal Commission of India has dismissed an appeal by Hindustan Coca-Cola Beverages, a part of The Coca-Cola Company’s Bottling Investments Group, against an order by a lower court awarding compensation to customer who found dead insects floating inside a Fanta bottle. Asking for relief, Hindustan Coca-Cola said there was no proof […]