Result Page 160 for Archives

Modi-led Indian government seeks corporatization of state firms

India’s Prime Minister Narendra Modi is in favor of corporatizing state-run firms. He calls for a combined effort of central government and states to ensure sustainable economic recovery. While criticizing the old concept of divesting or closing down of state-run firms, Modi aims at bringing efficiency in the public sector undertakings (PSUs).

Dec 07, 2015 2:04 AM EST

4 -year-old drives a Volvo FMX truck by remote control

In order to prove the toughness of its latest arrival, Volvo handed the control of its FMX vehicle to a 4-year-old. The girl named Sophie drove the vehicle surprisingly good through all the rough and tough obstacles. The commercial stunt has gone viral on social media.

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Mexico's Pemex enters the US market

Mexican petroleum major Pemex has opened its first overseas gasoline station in Houston. Pemex will set up five more gasoline stations in the US as part of its expansion plan. The Mexican energy giant is suffering from oil price drop in addition to lower production level. The Mexcian government has opened up its energy sector by allowing foreign companies to set up gasoline stations in Mexico.

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Barclays banking on India Post Service for expansion

Barclays Plc is keen on working with India Post to spread its services across the country. The Department of Post is among 17 firms that have been approved to set up Payment Banks in India. The huge infrastructure and Common Service Centres of India Post are attracting many global and domestic banking giants.

Volkswagen sales skid 20% in UK, 25% in US

Since the broke out of emissions scandal, Volkswagen has been suffering from sluggish sales volume. The sales of German auto major fell 20% in the UK and 25% in the US during November, while it managed to sustan in its home market as sales dip marginally by three percent.

Dec 07, 2015 1:54 AM EST

Banana Republic sales continue to slump

Banana Republic, a brand of Gap Inc, has been suffeirng sluggish sales for the past seven months. it fell 15 percent in November. Gap Inc is witnessing declining sales across its 3,700 stores. Banana Republic is in the process fo redesing product range to win the hearts of buyers.

Dec 07, 2015 1:47 AM EST

Canada gets crude oil from Enbridge Line 9B

The oil produced in western Canada has turned out to be cheaper than imports. This situation is driving oil refineries in eastern Canada to get crude oil from western Canada. Enbridge's Line 9B, a newly reversed pipeline started pumping oil to eastern Canadian refinery.

Dec 07, 2015 1:42 AM EST

Armored Mercedes-Maybach S600 is the new bulletproof luxury sedan

Armored vehicle maker INKAS unveiled an armored version of Mercedes-Maybach S600 luxury sedan. The armored S600 offers a bulletproof body that meets European CEN 1063 BR7 standards. The armored Maybach S600 will be on sale next year and priced at $500,000.

Dec 07, 2015 1:40 AM EST

Swatch collaboration with Visa for its new "pay-by-the-wrist" watch

Swatch partners with VISA for easy payment through 'pay-by-the-wrist' watch. This gadget with great feature is currently available in Switzerland, U.S., and Brazil.

Dec 06, 2015 10:26 PM EST

Ford Recalls almost 452,000 medium size cars over possible fuel leak

Ford recalls 450,000 Fusion, Mercury Milan midsize cars that the gasoline tanks possible can leak fuel.

Dec 06, 2015 10:22 PM EST

Safety Your Money from Cash Register Malware

A new point-of-sale malware has been recognized by security experts and is being up as the most complex software of its kind yet to be recognized.

Dec 06, 2015 10:17 PM EST

High Court: Living in Delhi is Like Living in a Gas Chamber

National Green Tribunal slammed the Delhi Government for not taking notice about the rising pollution level. A day after that, the Delhi Court directed the Centre and city government to immediately notice the level of PM 2.5, which has crossed 60. Other initiatives like traffic control and burning of garbage are also tackled.

Dec 06, 2015 10:15 PM EST

Nielsen data reports Smartphones and Tablets are devouring TV time

Nielsen's inaugural "Comparable Metrics" report revealed that the high rate of Smartphone usage is eating up our time spent on watching TVs. The people aged from 18 to 34 year, who use their phones as streaming devices have risen to 26 percentage as compared to last year.

Dec 06, 2015 10:11 PM EST

5 ways to transform your workplace into a happy and productive one

Employees represent the wheels of the company. A happy and motivated workforce tends to boost the economy of the company while disloyal and unmotivated diminishes it. In order to make your workplace pleasant, there are few simple guidelines to follow.

Dec 06, 2015 9:47 PM EST

UK pays least for cancer drugs than other EU countries

The U.K. pays least to cancer drug manufacturers, reported The Lancet Oncology. However, transparency in discounts and price negotiations is needed to reveal which country is overpaying.

Dec 06, 2015 9:37 PM EST