May 25, 2017
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Make in India Success Story: Mahindra May Use Ford’s Chennai Plant To Manufacture Passenger Vehicles

Ford plant@Chennai

In a major success for the centre’s ‘Make in India’, Mahindra and Ford India have joined hands to manufacture passenger vehicles. Mahindra will use Ford India’s Chennai plant to manufacture these vehicles. The American giant’s Chennai plant is said to be seriously underutilized. It has a rated capacity of 2 lakhs vehicles every year. Mahindra will also improve its passenger …

Microsoft, Flipkart Join Hands: Azure Cloud Platform To Be The Future of Online Reatiling

flipkart-microsoft

In what is likely to revolutionize the e-tailing market in India, global tech giant has joined hands with home-grown e-commerce major Flipkart to provide cloud-based services for the future. At a Microsoft AI conference in Bengaluru today, Microsoft CEO Satya Nadella and Flipkart co-founder and CEO Binny Banal announced the strategic partnership. The Microsoft Azure platform will be used as …

Samsung Boss Arrested Over Corruption Scandal, Global Impact Yet To Be Calculated

jay-y-lee-samsung

Early today, Samsung Group chief Jay Y. Lee was arrested in South Korea, ending speculation over his future. He has been accused in a massive corruption scandal, something which has sent the Korean industry into deep shock. Samsung, which is the world’s manufacturer of smartphones and memory chips, declined to comment, even as the overall impact is still being figured …

Reliance Jio to Extend Its Offer at Minimal Price After 31st March

reliance-jio-to-be-available-at-minimal-price-till-June

The game changer in the field of networking, Reliance Telecommunication’s Jio may come up with its extended offer prior the last date as the enterprise ensures billion of consumers to get the ongoing Reliance Jio promo offer at minimal price rates after March 31st, 2017. Although, the said promo offer will continue only till June 30th, 2017, hence starting from April …

Jaguar Land Rover Purchases Minor Shares in CloudCar

jaguar-land-rover-to-purchase-stake-in-cloudcar

Britain-based automobile giants Jaguar Land Rover has reportedly purchased minor shares of car technology based firm CloudCar as it looks forward to new mergers as well as invest high-tech model automobiles for future perspective. The country’s biggest carmakers are working on building up connected cars which will take the support of the internet so as to improve customers’ driving experiences. The …

Twitter and ICICI Bank Pair up To Improve Customer Experience

Twitter

Banking giant ICICI Bank has tied up with Twitter to ensure a better and more holistic experience for customers. ICICI Bank becomes the first Indian bank to incorporate social media features to aid in addressing and solving customer queries and problems. A new hashtag account,@ICICIBank_Care, has also been set up to make sure that real-time challenges are met and contained. …

950 Million Indians Still Dream of a ‘Digital India’ as ASSOCHAM-Deloitte Study Points Out Digital Divide

digital-india

India’s digital dream has been revealed to be a mirage for an astonishing 950 million people in a study by ASSOCHAM-Deloitte. The study revealed that despite low internet tariffs, increasing governmental focus on digitisation and e-commerce and falling smartphone prices, 950 million people are still on the wrong side of the digital divide. They do not have access to the …

Deutsche Bank and Credit Suisse Fined Billions of Dollars by the US Even As Legal Action is Initiated Against Barclays

Deutsche bank

As president-elect Trump looks to overturn some aspects of the eight-year legacy of President Obama, the outgoing US president has sought to resolve one of its last remaining bank mortgage crisis. Two giants, Deutsche Bank and Credit Suisse, have agreed to multi-billion dollar settlements with the US Department of Justice, often abbreviated as the DoJ, over a decade-old toxic bond misselling scandal. …

Small Savings Schemes Including PPF and KVP Set To Yield Lesser As Interest Rates Come Down

PPF-Rates-Come-Down

In a glancing blow to the common man of the country, especially the elderly and the retired who survive on interest garnered on bank deposits and small savings schemes, the Public Provident Fund, the Kisan Vikas Patra, the Sukanya Samriddhi Account and the Senior Citizens Savings Scheme are set to earn less as the government is mulling an interest rate …

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