Chennai’s Outer Ring Road : Real Estate Booms ..!

The real estate sector is going through a dull phase with people hesitating to invest on apartments (Flats) or / land on the outskirts of the city, but some areas abutting the Outer Ring Road (ORR) have seen good appreciation in recent times. Property prices on ORR have see…

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Philips unveils a suite of products to help reduce infant mortality in India

Philips Innovation Campus (PIC), Bangalore, continues its quest to provide innovative and affordable healthcare solutions for India. The company today launched an innovative and advanced suite of mother and child care solutions during the Annual Media Onsite, 2013. This sui…

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CII's Mutual Fund Summit: 26 June 2013 at Mumbai

Mutual Fund Summit 2013, CII's 9th International Conference 'Indian Mutual Fund Industry: Unearthing the Growth Potential in Untapped Markets' Session Highlights..!             'Re-Engineering the Business Model in an Evolving Distribution Landscape'        …

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Business and Investment Opportunities Fair: Singapore event on August 2013..!.

‘Business and Investment Opportunities Fair’ in association with National Stock Exchange (NSE)and The Hindu Business Line, successfully completed in Chennai & Dubai Singapore event will be conducted during the month of August 2013. herewith program video and event photo l…

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Ratan Tata to be Chief Advisor to AirAsia India

Using his persuasive skills to the hilt, Tony Fernandes, founder and chief executive officer of AirAsia, on  recntly  said Mr. Ratan Tata, chairman emeritus of Tata Sons, will be the chief advisor to AirAsia India, a new venture that Malaysian airline is setting up with the…

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Philips Expands Global Footprint in India with Ramakrishna Electro Components Partnership

In a move to expand product availability and speed time-to-market of LED lighting solutions, Philips Lumileds today announced the signing of a global distribution agreement with KORE, Key Operation & Electrocomponents Pvt. Ltd. of Delhi. This new agreement enables immed…

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Oriental Bank of Commerce: Cuts Fixed Deposit Rates by 0.25%

Oriental Bank of Commerce (OBC) on recently (June 10, 2013) slashed interest rates on term deposits of less than Rs. 1 crore across various maturities by 0.25%. The state owned lender slashed interest rate on domestic term deposits maturing between 270 days to less than one y…

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Bata India: Open Standalone Ladies Footwear Stores..!

Bata India, the countrys largest footwear maker, will roll out a chain of ladies footwear stores across India within a year, its managing director, Mr. Rajeev Gopalakrishnan, has said. The ladies shoe business is growing at more than 30 % for Bata India and is going to be th…

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Personal income tax was up by 27.29% to Rs. 34,805 crore..!

Ushering the new fiscal on a positive note, net direct tax collections in 2013 Aprli-May  period rose by 6.44% at Rs. 37,596 crore compared to the same period last fiscal (2012-13). Net direct tax collections, which are gross collections minus refunds, stood at Rs. 35,322 c…

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IDBI Federal breaks even in 5 years; Posts maiden profit of Rs. 9.24 crore..!

·    New Business Premium (APE) grows by 23 %, compared to industry’s negative growth of  - 15 %. ·    Achieves 44 % increase in the number of new business policies sold. ·    Product mix further shifts to long - term traditional products, thereby driving profitability throu…

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Bata India: Open Standalone Ladies Footwear Stores..!

Bata India, the countrys largest footwear maker, will roll out a chain of ladies footwear stores across India within a year, its managing director, Mr. Rajeev Gopalakrishnan, has said. The ladies shoe business is growing at more than 30 % for Bata India and is going to be th…

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Centrum Direct : Foreign Exchange Services at Chennai Airports.!

Centrum Direct, one of the largest integrated travel related financial services  provider in India offers a wide range of services that include Money Changing, Travel Cards,  International Phone cards, Travel Insurance as well as Leisure Travel packages. In Foreign Exchange …

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Mr. S. K. Roy Takes Charge as LIC MD..!

Mr. S. K. Roy recently assumed charge of Managing Director of Life Insurance Corporation of India. Mr. Roy, whose name is in the reckoning for the post of LIC Chairman, joined the largest insurance company in the country in 1981. The term of current Chairman Mr. D K Mehrotra …

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