BP Plc will pay 4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster, which caused the worst US offshore oil spill ever....
Fortune Magazine has named Ms Chanda Kochhar, MD and CEO of ICICI Bank as the most powerful business woman in Business in India. She has been named for...
As per Fortune Magazine, Ms Kavery Kalanithi of Sun TV group has retained her position as the India’s top paid business woman in 2012. Pay packages of Top...
Thanks to RBI, which had withdrawn the requirement for 70% loan loss cover from September 2011. Else, Public sector banks, which have decreased their PCR (Provision Coverage Ratio)...
Westpac Banking Corporation (Westpac Institutional Bank) received its banking licence from RBI on April 16, 2012. Westpac has operated in India since 2007 through its representative office. Westpac...
Volvo is a Swedish truck, bus and earth-moving equipment maker. Volvo is the world’s 2nd largest truck maker by revenue. Volvo declared its plans to invest R s...
The Finance Minister P Chidambaram has asked RBI to finalize the guidelines for issue of new banking licenses and commence accepting applications applications from interested entities. But, RBI...
The Protection of Children from Sexual Offences Act, 2012 – was passed by Parliament in May, 2012 to address the evil of child sexual abuse. Definition of a...
Dr Madhav Chavan has won the WISE Prize. The WISE Prize is considered to be the "Nobel prize for Education". Prize of $500,000 (£314,000) In recognition for his...
‘Archduke Joseph diamond’ A 19th century rare 76 carat diamond Indian diamond. Named after its first owner Archduke Joseph August of Austria. Sold at world record price of...
Government has settled to raise the bar on yearly income needed to qualify for benefits under its existing housing schemes for Economically Weaker Sections (EWS) and Lower Income...
“Project Lakshya” launched by the The Petroleum and Natural Gas Ministry. Objective: Reduce waiting time for delivery of LPG cylinders Track duplicate connections Preventing fake additional connections for...
