If elections were to be held on popular news websites like Firstpost.com, ZeeNews, Hindustan Times etc, the Bharatiya Janata Party would have a clean sweep – going by its total domination of the online comment space. According to an analysis of the top commenters on four of India’s top news websites, 61.4% of the top […]
IIT Roorkee said the highest offer under its campus placement program this year was Rs 73 lakh (Rs 6 lakh per month), while the highest by a domestic company was Rs 32 lakh (Rs 2.66 lakh per month). In all, Indian Institute of Technology Roorkee received 1047 job offers through campus recruitments out of the […]
SpiceJet has denied the Director General of Civil Aviation’s reported statement that its scheme of offering air tickets, effectively for as low as Rs 400 each, was ‘predatory’. Predatory means acts that are meant solely to destroy competition, and not for own business benefits or for the benefit of the consumer. However, SpiceJet said the […]
Real Estate companies are hoping the era of rising interest rates is behind India. High interest rates have pushed up EMIs of home loans and prevented people from taking on fresh loans. Real Estate companies are now sitting on inventory worth 4-5 years of sales in big cities like Mumbai and Delhi. “We hope the […]
SpiceJet today announced a three-day only sale (domestic flights only) with fares starting at Re 1 (not including statutory taxes and fees), for travel starting July 1 onwards. This sale has been launched to introduce SpiceJet’s all-new network that came into effect on March 30. The all-new new enhanced network has improved connectivity, increased frequencies […]
Zee Entertainment Enterprises Limited (ZEEL) today announced its foray into the music label space with its latest venture, ‘Zee Music Company’ (ZMC). The ZMC has plans to acquire the music rights of over 20 major motion pictures in the financial year 2014-15. Introducing the label, Mr. Punit Goenka, MD and CEO, Zee Entertainment Enterprises Limited […]
Crisil Research said it did not expect any loosening of RBI’s monetary policy tomorrow due to risks of food inflation returning. Retail inflation, as measured by the Consumer Price Index (CPI), has fallen faster than expected in the last three months, from 11.2% in November 2013 to 8.1% this February. With CPI inflation now close […]
In addition to technology and HR operations, Indian IT companies can now also look at outsourcing marketing functions for their clients due to the increasing role played by social media in marketing, a new report said. The report, published by Nasscom in association with SapientNitro, finds that there will be USD 37 billion of CMO […]
Initial findings from Gaadi.com’s quarterly report revealed that hatchbacks from Maruti and Hyundai topped the charts as the most preferred used car brands in Delhi with equally high demand and supply. Amongst the cars from Maruti, Wagon R and Swift emerged as clear winners followed by Alto. Amongst the Hyundai hatchbacks, Santro Xing led the […]
Indian economy continues to recover from a low hit in the third quarter of 2013, according to the latest Monster Employment Index that shows hiring activity. The index rose for the fifth straight month in February to 152, indicating that recruitment activity was 14% higher in February 2014 compared to February 2013. In comparison to […]
Actor Anushka Sharma will turn producer for NH 10, billed as edge of the seat action thriller about a road trip that goes wrong. NH 10 is director Navdeep Singh’s second film, after Manorama 6 Feet Under, and will be produced by Eros International Media Limited (Eros International), Phantom Films and Anushka Sharma’s Clean Slate […]
Indian passenger vehicle industry’s domestic volumes may likely decline by 6-7% in 2013-14 but grow by 2-3% in 2014-15, as demand weakness continues to impact not just the small car segment (that accounts for 55-60% of industry volumes), but also the UV segment that had shown robust growth in 2012-13, says ICRA in its latest […]
The National Consumer Disputes Redressal Commission has ordered Bajaj Allianz insurance company to not block compensation to the family of a person who died of a cardiac arrest during a fall. Bajaj Allianz had refused to pay Rs 4 lakh claiming that the person was insured only for accidents and that the person must have […]
Home prices could see correction in South East Asia, particularly if the rising trend continues for another couple of years, as capital has started leaving because of the tapering of the US Federal Reserve stimulus program, Moody’s Analytics has warned. Moody’s Analytics warned that prices are still rising sharply despite capital exiting Asian economies. “Property […]
Swedish luxury carmaker Volvo Auto India today launched its first exclusive Lounge and also showcased the much awaited new generation S80 at the Terminal 3 Domestic Departure, Indira Gandhi International Airport, Delhi. The New Generation Volvo S80, showcased at the Lounge, features the groundbreaking concept of Pedestrian and Cyclist Detection with full auto brake, the automaker […]
In a departure from the usual scenario of Indigo Airlines topping the on-time charts, SpiceJet sent out a statement that it has emerged as the airline with the highest on-time performance in February according to official figures. In addition, SpiceJet said it was overhauling its flight schedules from the end of this month. SpiceJet is […]
The last two days have seen media barons pour scorn and outrage on Arvind Kejriwal and his Aam Aadmi Party for suggesting that the media is corrupt. The Editors Guild, a kind of industry lobby, seemed to be shaken by Kejirwal’s statement that an inquiry would be ordered into corruption in media and guilty journalists […]
India would be the third largest aviation market by 2020 and is expected to be the largest by 2030, a survey by KPMG and FICCI has found. Despite facing a reduced growth rate in the past few years, the Civil Aviation Industry in India has ushered in a new era of expansion driven by factors such as […]
Assets under management of the Indian mutual fund industry increased 1.45%, or by Rs 131 bn, in February to a record Rs 9.16 trillion, according to the monthly numbers released by the Association of Mutual Funds in India. The spurt was primarily due to inflows into income and equity-oriented funds. On the other hand, liquid […]
Assets under management (AUM) of the Indian mutual fund industry increased 1.45%, or by Rs 131 bn, in February to a record Rs 9.16 trillion, according to the monthly numbers released by the Association of Mutual Funds in India (AMFI). The spurt was primarily due to inflows into income and equity-oriented funds. On the other […]
