Sudhin Mathur appointed as a new MD of Motorola Mobility India Pvt Limited

Non-subsidised LPG rates raised by Rs 86 per cylinder

<p>State-run Oil marketers raised the price of non-subsidised cooking gas (LPG) by a steep Rs 86 per cylinder effective from Wednesday. “With effect from March 1, 2017, non-subsidised price of LPG cylinder has increased by Rs 86. This is in line with the rise in global LPG product prices,” a Petroleum Ministry statement here said. […]</p>

World Bank CEO visits Dharavi in Mumbai

GST to come into effect from July 1: Das

<p>The Goods and Services Tax (GST) will be implemented from July 1 as all states have agreed on the implementation date, Economic Affairs Secretary Shaktikanta Das said on Tuesday. “GST should be implemented by July 1. All states have agreed (on the date),” Das told reporters here. The government plans to get the GST Council’s […]</p>

World Bank CEO commutes 2nd class in Mumbai train

<p>World Bank CEO Kristalina Georgieva on Tuesday travelled by a Western Railway suburban train to inspect Mumbai’s lifeline first hand, officials said. Georgieva travelled in a second class ladies compartment from Churchgate to Dadar, the busiest terminus on the suburban network. Mumbai Rail Vikas Corp (MRVC) CMD Prabhat Sahai boarded an adjacent compartment. Earlier, at […]</p>

Nationwide strike brings banking operations to a halt

<p>Banking operations across the country came to a halt on Tuesday as 10 lakh bankers staged a strike against the government’s “anti-people banking reforms”, said a bank union leader. The strike was called by the United Forum of Bank Unions (UFBU), comprising nine unions. They also pressed for compensation to employees for extra work done […]</p>

Saudi oil company to invest $7 bn in Malaysia

<p>The oil company Saudi Aramco will invest seven billion dollars in a refinery and petrochemical development project in Malaysia following a deal with Malaysia’s Petronas, media reports said on Tuesday. The agreement reached by the two was announced on Monday by Malaysian Prime Minister Najib Razak after his meeting with Saudi King Salman Abdulaziz Al-Saud, […]</p>

Airtel introduces changes to roaming plans

<p>Bharti Airtel on Monday announced changes in its domestic and international roaming plans after Reliance Jio offered free voice calls on its domestic network with no local or roaming charges. “At Airtel, we are changing the international roaming paradigm, which will allow our customers to take their number to every corner of the world,” Sunil […]</p>

SIDBI approves request from 9 funds for Rs 300 crore

<p>The Small Industries Development Bank of India’s (SIDBI) Venture Capital Investment Committee (VCIC) has approved requests from nine funds aggregating Rs 300 crore, an official here said. “In its seventh meeting on February 11, 2017, SIDBI’s Venture Capital Investment Committee (VCIC) examined requests from 11 fund managers and sanctioned requests from nine funds aggregating Rs […]</p>

Debjani Ghosh to quit Intel India

<p>Debjani Ghosh, Managing Director and Vice President of Sales and Marketing at Intel South Asia, will leave Intel by March-end and Prakash Mallya — currently Director for Intel’s Datacentre Group in Asia — will take over, the company announced on Monday. Jerry Tsao, Vice President APJ Regional Sales Group, announced the change in leadership for […]</p>