From the category archives:

Business

How Google and Nike got their names

by ANINovember 20, 2009 Business

Google got its name from googol – the number one followed by 100 zeroes which represents the amount of information the site was expected to cover, and Nike’s name come from a Greek goddess, reveals a new book.
The book narrates the weird and wonderful ways some of the world’’s top firms got their names are [...]

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Australia gives Rs.10 lakh grant for Mumbai Magic Bus project

by ANINovember 19, 2009 Business

Australian High Commissioner Peter Varghese today presented a cheque for Rs 10,00,000 to Magic Bus for the provision of sport and personal development training to 240 underprivileged children in Mumbai.
The cheque was received by Magic Bus” Senior Sustainability Manager, Meena Sriramane.
“Australia is pleased to be able to assist these children reach their full [...]

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Centre disburses Rs.1.38 lakh crore agriculture credits to farmers

by ANINovember 19, 2009 Business

The Union Agriculture Ministry said here on Thursday that Rs. 1.38 lakh crore have been disbursed among farmers across the country as agriculture credit up to September.
This is about 42.41 percent of the target fixed for the current fiscal. The target to be achieved during 2009-10 is to the tune of Rs.3.25 lakh crore.
The ministry [...]

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Air India Pilots to go on strike if demands are not met

by ANINovember 19, 2009 Business

Air India pilots, owing allegiance to the Indian Commercial Pilots Association (ICPA), staged a demonstration here today asking the management to fulfill their demands.
The pilots held banners like ” Save Air India ” and ”Remove Arvind Jadhav”.
Arvind Jadhav is the chairman and Managing Director of Air India.
“Management is well aware of our demands. Whenever we [...]

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Mukesh Ambani tops Forbes” India rich list

by ANINovember 19, 2009 Business

A rebounding stock market that gained two-thirds in the past year and an economy growing at six percent have boosted the net worth of India’s richest people, according to the latest Forbes’ India rich list.
The combined net worth of India’s 100 richest people is 276 billion dollars, almost a quarter of the country’s GDP.
Last year, [...]

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Group of Ministers to evaluate 3G spectrum vacation

by ANINovember 19, 2009 Business

An Empowered Group of Ministers (EGoM) will meet today to evaluate the development on the auction of 3G mobile licenses, and differences that have arisen between the Telecom and the Defence ministries over the release of spectrum for viable use.
The government plans to begin the auction of 3G (third generation) spectrum from January 14 next [...]

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Women fighter pilots not a good financial option: IAF

by ANINovember 17, 2009 Business

President Pratibha Patil flying in a Sukhoi-30MKI at the age of 74 shows how empowered women in the country are, but the Indian Air Force believes in a different manner, and maintains that having women fighter pilots is not a good financial option
Air Marshal PK Barbora, Vice Chief of the Air Staff, said on Tuesday [...]

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Air India pilots protest against delay in payments

by ANINovember 17, 2009 Business

A group of Air India pilots, owing allegiance to the Indian Commercial Pilots Association (ICPA), staged a silent protest march here today over a delay in payment of salaries and allowances.
The ICPA, a non-executive body formed by 800 erstwhile Indian Airlines pilots, staged a silent protest, holding placards, outside the domestic airport here.
“We have been [...]

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Private investment group blames Axis Bank for issuing duplicate cheques

by ANINovember 17, 2009 Business

A private investment group on Monday claimed to have suffered a huge loss due to the acute apathy of Axis Bank, and blamed the bank for issuing of duplicate cheques that eventually bounced.
The Managing Director of the Shree Om Sainath Group, Roopesh Verma, told a news conference here on Monday that the alleged fraud had [...]

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