Jaguar Land Rover to create 700 jobs in UK
British multinational auto company Jaguar Land Rover is all set to create about 700 additional jobs in the Midlands of UK. The new jobs will be created by an additional investment of £150 million in a new engine factory in…
Spending increases for Americans – Income goes down
Consumers in the US have spent a lot in the month of January 2013 on utilities. The income for US consumers has taken a deep plunge, which is said to be the biggest in 20 years. According to the commerce…
Orders for durable goods dropped in January 2013
For the first time in five months, the orders for durable goods in the US fell in the month of January 2013. The numbers fell as aircraft orders have plunged. The US Commerce Department said that the numbers fell by…
American Airlines to join hands with US airways
US Airways and American Airlines said on February 21, 2013, that they have planned to join hands to merge in a deal worth $11 billion. The merger will create the largest carrier in the US and will help bring an…
Honey Bunny jingle by Idea Cellular becomes popular
Indian telecom giant Idea Cellular is out with a new jingle called ‘Honey Bunny’, which has gone viral across the country. The new tune has been created by the ad agency Lowe Lintas and has caught the attention of several people,…
Tikona Digital to withdraw from 13 Indian cities
Indian internet service provider, Tikona Digital networks has shut down operations in 13 out of a total of 38 cities in the country. The recent move has been taken in efforts to consolidate coverage. Tikona in an email response said,…
Chocolate companies in India not to cut product rates
In recent times it has been observed that the prices of milk, coffee, cocoa and sugar have been dropping in India. Despite this, the domestic prices of dairy and chocolate products are not likely to come down. The raw materials…
Inactive pre-paid mobile connections to be disconnected
The Telecom Regulatory Authority of India (TRAI) said that about two million pre-paid mobile connections are not active, out of which about 55 million have remained unused for about six months. The country had 907 million mobile phone connections as…
Milk prices to fall by 5 percent in India
Milk prices in India are expected to fall for the first time in about six years. The prices might fall by up to Rs. 1 – Rs. 2 per liter owing to the oversupply due to lucrative prices. Moreover, people in the…
KamaSutra energy drink launched by Raymond
Raymond’s FMGC brand KamaSutra launched its energy drink on December 6, 2012. With the launch if the new drink the company has stepped into the Rs. 200 crore energy drink market. Gautam Singhania, the MD of Raymonds said that the…