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India seeks diaspora investment in energy, healthcare
Published on 8 Jan, 2012 at 6:09 in Business Opinions | Viewed 75 views times | No Comments
Jaipur: India Saturday asked its 30 million strong Diaspora spread across over 130 countries to contribute in the development of healthcare, energy and infrastructure sector.
Almost 1,500 non-resident Indians and persons of Indian origin from 54 countries have gathered here on the occasion of the 10th annual diaspora meet, the ‘Pravasi Bharatiya Divas’.
Addressing a conference on the first day of the three-day event, Health and Family Welfare Minister Ghulam Nabi…
Service with Heart and Soul – Mann Travel
Published on 12 Oct, 2011 at 2:16 in Reviews | Viewed 125 views times | No Comments
In life it’s not often about the destination, but the journey. No one could tell you better than a travel agent. Mann Travel is one such business, dedicated to ensuring their customers enjoy an award-winning journey no matter where their destination.
Started on the 15th of November 2007, Mann Travel has gone from being a simple…
Mahindra launches Verito Executive
Published on 11 Oct, 2011 at 0:24 in Reviews | Viewed 82 views times | No Comments
Mumbai: Mahindra & Mahindra launched a limited edition of its Verito sedan called Verito Executive, priced in the range of Rs 5.95 -7.09.
Verito Executive is targeted at corporate professionals or businessmen and will be available in two colours – pearl white and walnut brown, the company said in a statement.
“The launch of the Verito Executive Edition will add a more premium status quotient to the sedan. Together, with the…
Gold may cross Rs. 30K-mount by Diwali
Published on 10 Oct, 2011 at 0:37 in Business Opinions | Viewed 306 views times | No Comments
Mumbai: According to the Bombay Bullion Association, gold prices are expected to cross Rs. 29,000 per 10 gram by Diwali.
“We expect gold prices to shoot up to Rs 29,000-30,000 per 10 gram by Diwali due to local demand,” Bombay Bullion Association President, Prithviraj Kothari, told Indian media here.
The metal is still considered to be the best bet for hedging as…
Silver tumbles 6 per cent in futures trade
Published on 26 Sep, 2011 at 7:04 in Finance | Viewed 44 views times | No Comments
New Delhi: Silver tanked by Rs. 3,224, or 6 per cent in futures trade on Monday as speculators engaged in reducing their positions after prices of the precious metal tumbled by over 8 per cent in the Asian region.
At the Multi Commodity Exchange, silver for delivery in December plunged by Rs. 3,224, or 6 per cent, to Rs. 50.502 per kg, with a business turnover of 203 lots.
Similarly, the…
Pranab Mukherjee warns about currency war
Published on 23 Sep, 2011 at 6:25 in Finance | Viewed 86 views times | No Comments
Washington: Indian Finance Minister Pranab Mukherjee warned the international community of the danger of a currency war if the ongoing economic crisis deepens.
Such a currency war can be avoided through dialogue and not through competitive devaluations. Mukherjee stressed at a crowded press conference of finance ministers of BRICS nations Brazil, Russia, India, China and South Africa at the headquarters of…
Jet Airways Introduces Boeing 737-800 Aircraft
Published on 21 Sep, 2011 at 5:13 in Finance | Viewed 95 views times | No Comments
Mumbai: Jet Airways, who is India’s largest airliner by market share, today said it had inducted its first next generation Boeing 737-800 aircraft.
Jet Airways Chief Commercial Officer ‘Sudheer Raghavan’ stated that, “The Boeing 737 has been an essential part of our product offering in the past and we selected the next generation Boeing 737-800 because of its high degree of…
Gold prices bounce back in futures trade
Published on 20 Sep, 2011 at 1:36 in Finance | Viewed 44 views times | No Comments
New Delhi: Gold recovered by 1.46 per cent to Rs. 28,444 per 10 grams in futures trade on September 19, tracking a better trend overseas as euro zone debt woes boosted the appeal of the precious metal as an alternative asset.
At the Multi Commodity Exchange, gold for delivery in December moved up by Rs. 408, or 1.46 per cent, to Rs. 28,444 per 10 grams, with a trading volume…
BSNL likely to scrap 15 million line GSM tender
Published on 19 Sep, 2011 at 1:21 in Finance | Viewed 60 views times | No Comments
New Delhi: State-run telco BSNL is likely to write-off its 15 million line GSM tender due to poor response from private vendors to the estimated Rs. 5,000-6,000 crore equipment supply contract.
“The 15 million GSM tender floated by state-run BSNL is likely to be scrapped as only two or three private vendors have shown interest in the e-tender process,” a Department of Telecom official said.
“One of the reasons for the…
Infosys diversifying into China
Published on 16 Sep, 2011 at 3:36 in Finance | Viewed 94 views times | No Comments
Dalian: The grim economic situation in Europe has become a big concern for Infosys Ltd, India’s second-largest software services exporter. Therefore, it is dynamically diversifying into other fast-growing markets such as China, a top executive said.
While the US and Europe markets are too big to ignore, Infosys, which competes bigger rival Tata Consultancy Services (TCS) and smaller Wipro Ltd, is…
