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Business News from Daily India |
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New RBI Governor Subbarao takes charge
D Subbarao today took charge as the governor of Reserve Bank of India (RBI) from Y V Reddy and set for himself the immediate task of containing inflation.
PayByCash(r) Named one of the fastest growing companies by Inc. Magazine
PayByCash(r) (Internet Payment Solutions, Inc., a subsidiary of PLAYSPAN INC.) has been listed by Inc. Magazine as the 34th fastest growing, privately held financial services company in the United States, climbing in the ranking from 49th place in 2007.
TATA considering spin-off of international steel assets
The TATA Group is reportedly looking to spin off its international steel assets, including Corus, in an overseas listing that could raise billions of dollars to help bankroll the steel unit's expansion.
Inflation slips to 12.34 per cent
Continuing its downward journey inflation further moderated to 12.34 per cent on Thursday for the week ending August 23 compared to 12.40 per cent recorded a week earlier.
Kamal Nath says auto exports to reach 25 billion dollar by next decade
Union Minister of Commerce and Industry Kamal Nath on Thursday said that auto exports from India should reach 25 billion dollar in the next decade.
AVANTA launches its first serviced office centre in India
Avanta, professional leading provider of Serviced Office space throughout the UK - London, Thames Valley, Birmingham Manchester and Edinburgh today launched its first facility in Statesman House, Connaught Place, New Delhi.
World Vision commits Rs. 8 Crore for Bihar flood survivors
World Vision India today committed Rs. eight crores to respond to the mounting challenges facing the survivors of Bihar floods.
Vanu, Inc. closes 32 million dollar investment
Vanu, Inc., a leading provider of software radio infrastructure solutions for cellular operators, today announced a 32 million dollar venture capital investment.
Dr. Shan Nair of Nair and Co. wins Gullands Excellence Award
Dr. Shan Nair, Co-founder of Nair and Co., a leading global integrated solution provider helping companies expand internationally, will accept the Gullands Excellence Award presented by the NRI Institute for his contributions in the science and IT sectors on September 27.
IBM, Intel, Microsoft target micro finance for social, capital Returns
Increasingly, mainstream technology firms like IBM, Microsoft and Intel are looking at the microfinance customer base and seeing an opportunity for new clients-microfinance institutions and their borrowers-and a way to help people who normally can't afford to buy their products.
China and Iraq sign oil mega-deal
China National Petroleum Corporation (CNPC), Asia's biggest oil and gas company, has signed a three billion dollar agreement to develop and operate Iraq's al Ahdab oil field under a 20-year service contract.
Sensex crosses 15,000 points
Bombay Stock Exchange's Sensex today crossed the over 15,000 points level and the National Stock Exchange index Nifty crossed over 4,500 points after crude fell below 106 dollar a barrel in global markets.
Harman International and Wipro form engineering partnership in India
Harman International Industries Inc. (NYSE:HAR) and Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), on Tuesday announced the launch of a joint embedded engineering center in India.
IOC to meet Euro-IV deadline, investing over Rs 12,000 crore
In order to meet the deadline of producing Euro-III and Euro-IV grade petrol and diesel from April 2010, the Indian Oil Corporation (IOC), the country's largest refiner, is investing over Rs 12,000 crore to upgrade its seven refineries.
TripAdvisor arrives in India, empowering people to plan perfect trip
TripAdvisor(r), the world's largest travel community that enables people around the world to plan and have the perfect trip, on Tuesday announced the launch of its local Indian site (www.tripadvisor.in).
Markets abuzz ahead of Ganesh Chaturthi
Markets are abuzz with activity in Mumbai ahead of Ganesh Chaturthi, which begins on Wednesday.
CGFNS International Partners with AHEd Global Healthcare
CGFNS International, with its 30 years of experience testing international nurses, and AHEd Global Healthcare, Inc. (AGH) (a subsidiary of American Higher Education, Inc.), a global continuing education provider today announced the rollout of a pilot project in India for the CGFNS Assessment of General Nursing Knowledge (CGFNS-AGNK) examination.
CTE announces appointment of Brian Courtney as senior Vice President, GM of Government solutions
Cambridge Technology Enterprises Limited (CTE) today announced the promotion of Brian Courtney as Senior Vice President and General Manager of Government solutions arm of CTE.
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