Reserve Bank hints at stricter customer protection norms
The Reserve Bank of India (RBI) is in the process of formulating strict guidelines to discourage lenders from mis-selling and to hold them accountable for all products they are offering. “From the principle of ‘caveat emptor’, Latin for ‘buyer beware’, we have to move to the principle... read more »
Sun Pharma slips 2% on USFDA warning letter for Guj unit
Shares of Sun Pharmaceutical Industries fell as much as 2 percent intraday on Wednesday after US Food and Drug Administration issued warning letter to its Karkhadi unit. The US health regulator has warned Sun Pharma it may withhold approval of new drug applications and extend an import ban at its... read more »
Vodafone records maiden profit in India
NEW DELHI: Nearly seven years after it set foot in India, British telecom giant Vodafone’s operations here have registered a net profit at a time when the company looks at an aggressive expansion in the market. The company, that entered India in 2007 after buying out the stake of Hutchison... read more »
Maruti Launches Celerio ‘Green’ CNG Model
India’s leading carmaker, Maruti Suzuki has now rolled out the popular Celerio with a CNG kit. Called as the Celerio Green, the new version will come up with a factory-fitted CNG kit, and will return an impressive 31.79km/kg (claimed) mileage. Powering the Celerio Green is the same 1.0-litre... read more »
SpiceJet targets top 3 tourist spots, to offer special packages
Airlines Air India (AI) and low-cost SpiceJet are introducing more flights and offering special packages for tourist destinations during the summer holidays. SpiceJet will operate special... read more »
Rupee Hits 11-month High of 58.45; RBI Intervention in Focus
The rupee surged 0.6 per cent to 58.45 per dollar on Monday, its strongest in 11 months on expectations of continued robust foreign buying in domestic shares and debt after Narendra... read more »
Rubik’s Cube turns 40, Google celebrates with a doodle
Today’s Google homepage showcases Rubik’s Cube which is an exact replica of the invention and you can play it virtually on your computer. By clicking on cube in homepage, it... read more »
Salman Khan Hit-and-Run Case: More Witnesses to Depose Today
Mumbai – A Mumbai Sessions Court is all set to hear the threat complaint of one of the eyewitnesses in the 2002 hit-and-run case allegedly involving actor Salman Khan. One person was... read more »
Cannes 2014: Aishwarya Rai Bachchan and Freida Pinto Bond Over Ph...
It was an afternoon of fashion, beauty and bonding for L’Oreal Paris ambassadors Aishwarya Rai Bachchan and Freida Pinto at a special photoshoot for the brand at Cannes. It was the first time... read more »
