Automobile lubricants maker Castrol India today said it will launch new marketing initiatives this year with an aim to reach out to consumers across different segments. Castrol India that spent around Rs 215 crore last year, as per its filing to the BSE, on advertising and promotion, is currently working on an all new campaign [...]
Failing to sustain intra-day gains, the BSE benchmark Sensex today closed 40 points higher as trading sentiment weakened with the rupee trading near its record lows, tepid buying in blue-chips and persisting Eurozone concerns. The Sensex, which had lost 298.16 points in the previous session, gained 40.39 points, or 0.25 per cent settle at 16,070.48. [...]
Over half of the world’s personal computer users, 57 per cent to be precise, admit to pirating software, according to a new study. According to the ninth annual global software piracy study by the Business Software Alliance (BSA) in partnership with IDC and Ipsos Public Affairs, 31 per cent say they do it “all of [...]
There is an wastage of about 50 per cent of water in urban areas due to pipeline leakages, thefts and illegal connections, the government today said. “Several studies for water losses, commonly called non revenue water (NRW), indicate that it varies from 30 to 50 per cent (in urban areas). The result of a pilot [...]
Billionaire Indian industrialist Mukesh Ambani’s wife Nita describes their 27-storey Mumbai house Antilia as a “modern home with an Indian heart” and the “only home we have in the world.” The ultra-luxurious 400,000 sq feet Ambani mansion and its contents continue to fascinate people not only in India but also abroad. Vanity Fair, which interviewed [...]
With broadcasters slamming the Telecom Regulatory Authority of India’s (TRAI) recent order capping television advertisements at 12 minutes per hour, the government today said there is scope for discussion on the issue. “(If) Broadcasters are not satisfied, we will sit and discuss…If the ministry feels we should intervene, we will also come,” Information and Broadcasting [...]
As part of efforts to strengthen Indo-Pak trade ties, Railways is mulling to provide 50 diesel locomotives on hiring basis to Pakistan. As per the plan, railways is likely to give at an approximate rate of Rs 1500 per hour per locomotive of 3000 HP to Pakistan for leasing purpose. Besides leasing out, railways will [...]
Infosys chief mentor Narayana Murthy has been felicitated with the Global Leadership and Free Enterprise awards by the University of South Florida in recognition of his entrepreneurial spirit. The two awards were presented to Murthy by USF President Judy Genshaft at a ceremony in Tampa, Florida. In his interaction with USF students, Murthy talked about [...]
Some IT professionals and businessmen were facing problems in getting visas mainly due to outsourcing issues in those countries but Indian consulates are active in providing all help in resolving the grievances, Lok Sabha was informed. Asked during Question Hour about denial of visa by some countries to some IT professionals and even students, Minister [...]
The Reserve Bank directed banks to consider coversion of 50 per cent of exporters earning in foreign currency (EEFC) into rupee, provided the contract is booked before May 10. As per the notification, exporters are required to sell 50 per cent of their retained foreign exchange earning in their bank account by May 25, 2012. [...]
