Reserve Bank of India (RBI) prohibited the foreign direct investment (FDI) in manufacturing of tobacco products. In this regard, RBI has issued a notification which prohibits the manufacturing...
Mahindra Defence Systems Limited, a subsidiary of Mahindra Group and Airbus Helicopter have inked pact to form a joint venture (JV) company to produce helicopters in India. In...
Nationwide mobile number portability (MNP) has become operational from 3 July 2015. It became operational after major private mobile operators like Vodafone, RCom, Airtel, Uninor and Idea Cellular...
India’s seafood exports touched an all-time high at 33,441 crore rupees during the financial year 2014-15. The data was released by Marine Products Export Development Authority (MPEDA). As...
India’s biggest auto maker, Tata Motors Limited has appointed Chandrasekaran Ramakrishnan as chief financial officer (CFO) of its automobile group. He will have tenure of two years and...
Greece has become the first developed nation to default on International Monetary Fund (IMF) debt. It has defaulted on a 1.7 billion dollars payment to IMF. The deadline...
Union Cabinet has approved setting up of an Online National Agriculture Market that will provide more options to farmers for selling their produce. Decision in this regard was...
50 founding nations including India have signed 60-article agreement of China-led multilateral Asian Infrastructure Investment Bank (AIIB). Australia was the first country to sign the agreement and was...
Two Indian organizations, India Army and Indian Railways are among the world’s biggest employers. It was revealed in a research published by the World Economic Forum (WEF). Both...
Social network giant Facebook launched Facebook Lite, a new version of its application for Android phones in India. Facebook Lite is a lighter version of its app which...
