NCR reaches its highest ranking to date on Global Outsourcing 100 list

by NR INDRAN / INT NCR Corporation today announced that it has reached its highest ranking to date in the 2012 Global Outsourcing100® rankings, rising two places to number six overall, as established by the International Association of Outsourcing Professionals® (IAOP®.) IAOP is the global, standard-setting organization and advocate for the outsourcing profession. The Global […]

Bank of Baroda jointly Inaugurates of ‘India International Bank (Malaysia) Berhad ‘

by NR INDRAN / INT Bank of Baroda, Indian Overseas Bank and Andhra Bank announced the inauguration of a Joint Venture Bank in Malaysia – “India International Bank (Malaysia) Berhad.” The Bank set up by the -3- leading Public Sector Banks of India has been issued final license for commencement of operations by Bank Negara […]

SGX and LSE Sign Cross Trading Agreement

Singapore:  Singapore Exchange (SGX) announced today that it has signed a Memorandum of Understanding (the “Agreement”) with London Stock Exchange (LSE) to jointly develop capabilities which will enable cross-trading of their largest and most actively traded stocks. Under the Agreement, SGX members will be able to trade FTSE100 securities on SGX’s GlobalQuote Board while LSE […]

redBus.in becomes first website to sell One Crore bus seats

Bangalore: redBus.in today announces that it has sold more than one crore bus seats in India. The company also announces that it has achieved a massive 2 million registered customers base. This puts redBus.in amongst one of the top transacted web-sites in the country. Bus travel has been growing at 25% every year and has […]

Deutsche Bank Increases Fixed Deposit Rates

by NR INDRAN / INT Deutsche Bank today announced that it has hiked its interest rates for domestic and NRE fixed deposits for tenors between 2-5 years. The interest rate for 2-3 years deposit is 9.25% p.a.; 3-5 years and 5 years is 9.5% p.a. With this increase in rates, the customers can earn annualized […]

SBI Life Insurance wins Best Employer Brand Award at IPE BFSI Awards

by NR INDRAN / INT SBI Life Insurance Company Limited was awarded the “Best Employer Brand award ”by IPE  BFSI Awards, endorsed by Asian Confederation of Businesses The award reflects the organizations best-in-class HR practices. Mr A J Bose, Executive Director – Operations & IT, received the award, on behalf of SBI Life Insurance. IPE […]

TELIT WIRELESS SOLUTIONS ENTERS INTO AN ALLIANCE WITH RABYTE ELECTRONICS

by NR INDRAN / INT Telit Wireless Solutions, a global leader in the field of Machine-to-Machine (M2M) communications, today announced that it has signed up a new distribution partner in India “Rabyte Electronics”. Rabyte will help developing the fast maturing M2M market at the grass root level in India. Rabyte brings with it the knowledge, […]

AIOCD to Support Market Based Pricing Formula based on All-Brands

by NR INDRAN / INT The All India Organisation of Chemists and Druggists (AIOCD) has welcomed  the government’s draft proposal to move away from cost-based pricing to market-based drug pricing policy saying that it will best address patient needs and balance industry growth. It however said the proposal can be further strengthened if the WAP […]

DHL presents designers Shivan & Narresh and Swapnil Shinde at the Lakme Fashion Week

Mumbai: DHL, the world’s leading logistics provider, today announced its partnership with Lakme Fashion Week for the 2012 Winter Festive Season in August 2012. Through six years and 12 seasons, DHL’s partnership has strengthened as it collaborates with the best talent in the industry, and this season will present Shivan & Narresh and Swapnil Shinde. […]

Dena Bank – Revision in Interest Rates on FCNR (B) / RFC Term Deposits