What is Wankel? India has developed its own propulsion engine for future UAVs (Unmanned Aerial Vehicles). The 55-hp engine named “Wankel” is developed by three national research agencies...
U.S. largest credit rating agency Standard & Poor’s (S&P) is in trouble as country’s Justice Department is planning to file civil fraud charges against the agency accusing it...
YES Bank has been awarded the Financial Institutions Syndicated Deal of the Year 2012 in its Asia Pacific Region. The award was given for $155 million loan syndicated...
‘SB Super’ and ‘SB Signature’ are the new variants of savings account launched by Corporation Bank. Facilities with these accounts: Both offer preferential loan processing by affixing ‘priority’...
The Central Government has nominated Mr. C R Naseer Ahmed as part-time non-official director on the Board of Directors of the Bank for a period of three years...
PC manufacturer Dell is ready to go private in a $24.4-billion buyout. The company which is facing slump will pay its stockholders $13.65 per share to leave the...
The UK government has given new powers to regulators which can now break up banks if they fail to protect their retail operations from their riskier investment arms....
Sharad Sharma has been appointed as the Executive Director of Geojit BNP Paribas to oversee the company’s operations. Satish Menon, also the Executive Director, will be responsible for...
Google has unveiled its first ever mapping competition in India – Mapathon 2013. It is a nationwide mapping contest open to anyone who lives in India. Google will...
Kotak Mahindra Bank has acquired the business loans portfolio from Barclays Bank plc India branch and Barclays Investment and Loan (India Ltd) for an undisclosed sum.
