The proposed all women’s bank, slated to be set up by this year, may not land up being a bank manned primarily by women staff or one having only female customers. The bank is likely to recruit eligible candidates in a gender-neutral manner and cater for all customers –men and women, sources said. Mahua Venkatesh reports.
DreamWorks Animation, trying to lessen its dependence on the volatile movie business by aggressively expanding into TV programming, has decided to forgo cable television in favor of Netflix.
In troubled waters: With the Centre and states still stuck on the revenue-sharing formula, Goods and Services Tax regime will have to clear many more hurdles before it becomes a reality, reports Gaurav Choudhury.
Tata Sons chairman Cyrus Mistry has set the ball rolling for a debate on gender diversity in the corporate world, cautioning that India still has a long way to go. Gaurav Choudhury
Vodafone, India’s second-largest GSM mobile service provider, on Tuesday reduced mobile Internet access charges by 80% for subscribers of its 2G services who have very low usage.
Soon, medicines for critical cases including cancer, tumour and other life-threatening diseases may be available for a price atleast five times less than their branded versions. Himani Chandna Gurtoo reports.
Speculation is rife that the reign of SD Shibulal as chief executive officer and managing director of Infosys may draw to a close this year, much before his term ends in 2015. Vivek Sinha
This may be the best time for you to buy a car. Auto companies are offering all-time high discounts to push sales. These discounts are expected to continue for two months. Sumant Banerji
The government is readying a slew of measures, which includes allowing upto 100% foreign direct investment (FDI) in the telecommunication sector and opening the defence production sector to 49% FDI, from the current limit of 26%. Gaurav Choudhury
Jet Airways has entered into code-share agreements with European carriers Air France and KLM. Air France-KLM offer 27 weekly long-haul flights between Europe and India.
Foreign banks are fuelling India’s recent burst of overseas takeover bids, offering cheap US dollar loans to Indian corporates expanding beyond their home states.
With India leading the small SUV market, US auto major Ford is looking to make the country its hub in the area.
Telecom Regulatory Authority of India (TRAI) today lowered the ceiling for national roaming tariff from R1.40 per minute for outgoing local calls and R2.40 per minute for outgoing STD calls to R1 and R1.50 per minute respectively. HT
Despite the RBI’s decision to not cut interest rates as widely expected, the stock market gained today, driven largely by gains in index heavyweights and the automobile major Mahindra & Mahindra. Rajeev Mullick
In the age of the inveterate net surfer and the couch potato, life can get really sedentary, making you put on weight and hurting your health. However, if technology be the curse, it can also be a boon in the digital age. Gagandeep Singh Sapra reports.