New Delhi (IANS) Petrol and diesel prices may increase sharply soon after new government comes to power at the Centre with oil companies looking to raise the retail price of the two transport fuels between Rs 3-5 per litre in phases … read more
New Delhi (IANS) Public sector Air India’s New York office transferred $300,000 to a bank account in Nigeria instead of remitting the sum to a US-based firm Pratt & Whitney for supplying spare parts. The incident is learnt to have taken … read more
New Delhi (IANS) Exactly two years back, Paytm Founder and CEO Vijay Shekhar Sharma, keeping Alibaba model in mind, took a plunge into the burgeoning e-commerce space where Amazon and Flipkart (now owned by Walmart) were two dominant forces. Nurturing a … read more
New York (IANS) Two US retailers are testing cameras that could guess people’s age, sex or mood to determine their buying habits. Grocery store chain Kroger is testing cameras embedded in a price sign above shelves in two stores on the … read more
As Jet Airways temporarily suspended its operations after its debt resolution plans hit a roadblock and lenders refused to disburse emergency funds, the airline joined a litany of Indian businesses that have gone belly up in the recent past or … read more
Jammu (IANS) The online helicopter booking for the annual Amarnath Yatra will begin on May 1, according to an announcement on Friday. A statement issued here by the Shri Amarnathji Shrine Board (SASB) that manages the affairs of the annual Himalayan … read more
Hyderabad (IANS) With Saudi Arabia looking to diversify its economy, India’s new ambassador to the kingdom, Dr. Ausaf Sayeed, believes this offers new opportunities for both the Indian industry and the workforce. Contrary to apprehensions in some quarters that job opportunities … read more
New York (IANS) The US announced on Monday it is ending the waiver given to India to buy Iranian oil and has threatened sanctions if it did not comply with the embargo. Announcing the end of the waivers, White House Press … read more
New Delhi (IANS) Senior executives of grounded Jet Airways met the Union finance minister Arun Jaitley on Friday and requested him to direct the banks to release at least one month’s salary. Jet has not paid salaries of a large number … read more
New York (IANS) The US dollar increased in late trading on Thursday, as the US economy got a boost by estimated surging retail sales, while the euro dropped due to downbeat eurozone economic data. In late New York trading, the euro … read more