AirAsia India to be airborne from Oct
Malaysian low-cost carrier AirAsia has said its India operations should begin later this year with three aircraft for the Southern region and it would also look at setting up some ancillary businesses here. "I have always said we will start in the fourth quarter. People said September, October whatever. I hope we start this
Over 3 dozens make a beeline for banking foray
About three dozen companies, including Tata Capital, Aditya Birla Group, Reliance Capital, and India Post among others are applying for banking licence, the deadline for which expires today. Entities which have taken board approvals for applying to for bank licence from the Reserve Bank include country's oldest infra financial infra IFCI, IDFC, India
Re worst among Asian currency in Q1, plunges 8.6%
For the full fiscal 2013, the CAD stood at a high of 4.8 per cent of the GDP, which again was an unexpected improvement from a consenus 5.2 per cent, but still higher than the previous fiscal when it was 4.2 per cent, according to the data released by the RBI two days
Adiya Puri of HDFC Bank says worried over high attrition levels
Private lender HDFC Bank’s attrition rate of around 20 per cent, which is highest in the industry is making its top management anxious. "The staff attrition rate is something that is worrying us as well, and its ranges up to around 20 per cent," managing director and chief executive Aditya Puri told the shareholders at its
BK Modi of Spice Group launches bank in London
The Singapore-based BK Modi, who is the promoter of the Spice Group, has launched a Bank named Smart Global Bank, in London. "We are launching the Smart Global Bank in London because London is global hub and a global city where most of the thinking is going on," B K Modi, founder-chairman of Spice Global said. Interestingly, he is
Story of a Bangalore newspaper boy, who grabbed an IIM seat
N Shiva Kumar's day starts at 4 am in the morning. He stacks newspapers in his bicycle set to deliver before the sunrise. Anyway, he will have to change this habit from now on as he will be attending the PG curriculam of prestigious Indian Institute of Management at Calcutta. Nothing less than a
When you are in sleep you seem to be happy
How can the planets which are far away from the earth can ever influence the human life on earth. This is the very basis of astrology so please convince me? Ø This question is quiet sound. You know very well that even with perfect eye sight, the eye cannot see withoutlight. One of the source
P Sathasivam is the new CJI
The president Pranab Mukherjee on Friday gave his consent to appoint P Sathasivam as the 40th chief justice of the nation. The 64-year-old Supreme Court judge will be appointed as the next chief justice after the expiry of the incumbent Altamas Kabir's tenure on July 18. Sathasivam has joined as a permanent judge of
Suryanelli sex scandal: Plea against RS deputy speaker Kurien rejected
In a major relief for the harried Rajya Sabha deputy chairman PJ Kurien, embroiled in the nearly two-decade-old Suryanelli (a remote village in Kerala’s hilly district Idukki) sex racket, the victim’s plea seeking inclusion of the Congress leader in the case has been rejected by a sessions court in Thodupuzha in Idukki. The victim