Category: Business News

Life insurance simplified

Life insurance simplified

| May 18, 2012 | 0 Comments

Money Matters Nupur Pavan Bang As I walked into the lobby of my apartment block, Mukherjee was waiting for me, sitting on a sofa, with a piece of paper in his hand. The moment he saw me, he jumped up and extended his hand to greet me. Me: How are you Mr. Mukherjee? Mukherjee: I [...]

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Spain plunges into recession

| May 18, 2012 | 0 Comments

MADRID: Spain tumbled into recession and European stock markets and the euro fell on Thu­rsday as Greece installed a crisis government and the spectre of a run hung over eurozone banks. However European leaders mo­ved to resolve an emerging sp­l­it over how to deal with the crisis, agreeing that both growth and cu­tting budget deficits [...]

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Rising income to boost PC market

Rising income to boost PC market

| May 17, 2012 | 0 Comments

Technology is becoming cheap and affordable day by day. India is one of the fastest growing markets for technology adoption from smartphone to PC. People’s income is getting doubled every decade enabling them to move into the next income spectrum. Both factors have increased the affordability of the customer in buying a PC. Today, the [...]

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New CGM for SBH

New CGM for SBH

| May 16, 2012 | 0 Comments

Jyoti Ghosh, General Manager Stressed Asset Management Group (SAMG) and Group Executive (Corporate Banking) has been appointed as Chief General Manager of State Bank of Hyderabad with immediate effect. Jyoti Ghosh joined State Bank of Bikaner and Jaipur as probationary officer in 1978. He is posted to State Bank of Indore as General Manager (operations) [...]

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Builders face harsh realty

Builders face harsh realty

| May 16, 2012 | 0 Comments

Real estate industry is facing a tough time with the construction getting slowed down to a standstill in the City with sand prices reaching sky high. This has affected the sales of allied industries like iron and cement which are dependent on the construction activity. However, the demand for manufactured sand (robo sand) is on [...]

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Wozniak warns Zuckerberg on dangers of going public

Wozniak warns Zuckerberg on dangers of going public

| May 15, 2012 | 0 Comments

SYDNEY: Apple co-founder Steve Wozniak has warned Mark Zuckerberg about the dangers of going public as Facebook counts down to its eagerly awaited share offering. The world’s leading social network is expected to start trading on the tech-heavy Nasdaq on Friday, although the timetable has not been confirmed. Apple went public in 1980 and Wozniak, [...]

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Apple ropes in Kaspersky

Apple ropes in Kaspersky

| May 15, 2012 | 0 Comments

Moscow: Computer giant Ap­ple has contracted specialists from Russian anti-virus company Kaspersky Lab to analyse the vulnerabilities of its Mac OS X operating system and improve its security. The OS X security issue became important in early April, when Dr. Web, a Russian computer security company, reported finding botnets — or networks of compromised computers [...]

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John McCain seeks early FTA with India

John McCain seeks early FTA with India

| May 15, 2012 | 0 Comments

Washington: Senior Republican Senator John McCain today made a strong pitch for a free trade agreement with India, as he slammed the Obama administration for failing to aggressively tap America’s trade potential with Asian nations. Speaking at the Center for Strategic and International Stu­dies, a Washington-based think-tank, the lawmakers said the US should have aimed [...]

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Yahoo! chief Scott steps down

Yahoo! chief Scott steps down

| May 14, 2012 | 0 Comments

SAN FRANCISCO: Yahoo! announced Sunday that Ross Levinsohn will temporarily replace chief executive Scott Thompson, who has stepped down in the face of controversy about his allegedly inflated resume. The California-based com­p­any, in a compromise with activist investor Daniel Loeb, said Fred Amoroso would take charge of the board of directors as the struggling Internet [...]

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Anything but mobile this

Anything but mobile this

| May 14, 2012 | 0 Comments

The mobile service provider industry is facing tough time with the fall in the growth rate since December 2011. The industry which was growing at 15-17 million subscribers before December had to limit itself to 6-7 million subscribers per month. Not only the growth in volumes, even the industry is in precarious state in terms [...]

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