Retirement fund body EPFO is likely to announce an interest rate of 8.5 percent on provident fund deposits for 2013-14 to its over five crore subscribers, the same as provided for last fiscal. According to sources, the preliminary estimates indicate that the payment of 8.5 percent rate of interest will leave no deficit for the […]
A staggering Rs 1.27 lakh crore revenue as central excise and service tax remained unrealised due to appeals and litigations pending before authorities during the financial year 2011-12, says a CAG report. Of the total of Rs 1,27,897.39 crore pending demand, Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty, […]
Grappling with the stressed economy, Finance Minister P Chidambaram has said hard decisions would be taken in the next few days and weeks to trim wasteful expenditure and curb import of inessential items. “We are going through a period of stress…we have to take some hard decisions. Many of these measures are being taken, and […]
Finnish handset maker Nokia, which is selling its devices and services business to Microsoft, will borrow USD 1.97 billion from the US software giant to pay off loans taken to acquire the stake held by Siemens in their joint venture NSN. In connection with the deal, Microsoft had agreed to make 1.5 billion euros of […]
The Sunday Standard Best Bankers Award 2013 organized by The New Indian Express Group to recognize the Best performances in the Banking, Financial Services and insurance sector. Bank of Maharashtra a premier Nationalized Bank has won 4 awards in “The Sunday Standard Best Bankers Award 2013” in the following categories:- Best Indian Banker (large) Best […]
Mumbai : Some of the world’s largest brands, agencies and publishers gathered to discuss the future of the industry at the Mobile Marketing Association Forum India (MMAF) from 04 – 05 September, 2013. This year’s Forum was held at the Leela Kempinski Gurgaon, bringing together 200 delegates and speakers from across the country and the […]
Central Bank of India receiving 12th Annual Greentech Safety Award 2013 from Shibu Baby John, Labour Minister, Kerala during the Greentech Safety Award function held at Cidade De Goa, Goa . Source : Lokesh Shastri
Mumbai : The BSE Institute, Canada’s Ryerson University and the Government of Ontario are collaborating to launch a competition to promote startups in India. Budding Indian entrepreneur’s with global aspirations can enter “The Next Big Idea” contest to win a 3-week trip to Toronto, Canada’s high-tech capital. There, they will be provided access the Digital […]
Informa Exhibitions India, part of the UK based Informa plc is organizing the 8th Edition of INMEX India 2013, South Asia’s largest maritime event at the Bombay Exhibition Centre (Goregaon East, Mumbai) from 8th October 2013 to 10th October 2013. This trade event will have over 600 participating companies from 35 Countries including 7 Country […]
Former Indian Bank Chairman and Managing Director, M Gopalakrishnan and six other former top bank officials have been sentenced to one year rigorous imprisonment by a CBI court in Chennai for allegedly causing a loss of 31.75 crore rupees by granting loans without proper security between 1992-96. Principal Judge for CBI cases, S Malathy held […]
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1. Top 5 Companies Offering WiFi-Enabled Curtain Motors for Ultimate Control
2. Yoga Therapist Ranjana Chhabra Announces 14-Day Face Yoga Workshop
3. Coca-Cola SLMG Appoints Costin Mandrea as CEO
4. Apparel Group’s R&B Unveils Festive Collection Across 109 Stores in GCC