Reliance to promote and sell bakery products made by Tihar prisoners
Mumbai based Reliance Retail has on July 27, 2012 said that it has joined hands with Tihar Jail to promote and sell bakery products which will be manufactured by prisoners. The company released a statement which said that it would…
Govt to keep a check on ever rising air fares
In India it has been noticed that the air fares keep going up. In the last few months the increase in the fares has been exponential due to the ongoing trouble in Air India and Kingfisher Airlines. In the month…
Oil Ministry asks Gujarat to cut natural gas VAT
The Gujarat State High Court has order the Centre to allot natural gas for use in the households and automobiles in the state and ensure uniform pricing. After the court’s order the state’s oil firms are upbeat and says that…
Shriram Transport Finance aims at rural India
Used vehicle financer, Shriram Transport Financer will now make the most of the Rural India. The company has seen demand for the financing of the financial companies from the villages with a population of more than 10,000 instead of tier…
Sonata announces 20 percent discount for Onam festival
Popular watch brand Sonata, from the Titan Industries has on July 25, 2012 announced a discount of 20 percent on its entire range of products. The new offer has been announced so as to attract the buyers in the state…
Yamaha to export bikes to Japan market
For the first time in the Indian two-wheeler industry, Yamaha Motor Corp will be exporting bikes to Japan from India. The company set up manufacturing units in India 27 years back and for the first time it will export bikes…
Jubilant FoodWorks to open 100 Dunkin’ Donuts in India
The operator of the popular Dominos Pizza chain in India, Jubilant FoodWorks Ltd on July 25, 2012 that it plans to open 100 Dunkin’ Donut outlets in India in the next five years. In the month of May Dunkin’ Donuts…
RBI says mobile banking failed to take off in India
H R Khan, the deputy governor of The Reserve Bank Of India recently hinted that the mobile banking in India has failed to take off in India. Due to this the banks and mobile companies have been told to work…
Government decides on Boeing Dreamliner compensation amount
On July 25, 2012 a Group of Ministers (GoM) decided on the compensation amount that Air India would claim from Aircraft manufacturer Boeing Co. The compensation will be demanded for delaying more than three years in delivering the Dreamliners B787….
Diesel hike to be recommended by oil ministry
It is likely that the Petroleum Ministry might push for a diesel price hike before the monsoon session of the Parliament begins on August 8, 2012. The prices of diesel has been left untouched for about a year now while…