State-owned carrier Air India understated losses – CAG
NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »
India’s Avenue Supermarts IPO oversubscribed 106 times
MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s strong credentials and with a continued momentum from recent share offerings. ... read more »
India’s industrial output up 2.7 percent in January
NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »
Volkswagen, Tata Motors plan to cooperate in India
NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata Motors to jointly develop auto components and vehicles for the Indian subcontinent and beyond. ... read more »
Blue-eyed people have this bad habit
People with blue eyes might have a greater chance of becoming alcoholics, according to an interesting new study. The study by researchers at the University of Vermont in the US is the... read more »
Japanese retail giant teams up with Tajima for new life wear
To create a new life wear for women, Japanese retail giant Uniqlo has join hands with Muslim fashion designer Hana Tajima. The retail giant, whose new collections includes long, flowing... read more »
Couple married for 75 years dies hand-in-hand
An American couple, who had been married for 75 years fulfilled their final wish to die in each other’s arms after they passed away holding hands, within hours of each other. Jeannette... read more »
How to beat the heat in summer
Are you finding it tough to tackle the scorching heat? Lets take a look at simple tips from experts on staying cool during summer. Closing windows and doors during the hottest parts of the... read more »
Kansai Nerolac Paints ties up with Flipkart for festive season
Kansai Nerolac PaintsBSE 4.48 % today said it has entered into a strategic marketing tie-up with leading e-tailer Flipkart ahead of festive season. The interactive consumer interface will allow one... read more »
