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Another Toyota Prius fails to come to a Halt

Posted on 09 March 2010 by Anshuman

Another Toyota Prius problem came into focus when a runaway Prius had to be controlled by the California Highway Patrol Officer and brought down to a halt on the San Diego County freeway. The Prius driver had to call 911 after finding that he could not properly control his car.

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India’s Zicom agreed to sell two of its electronic security system

Posted on 05 March 2010 by Anshu

India’s Zicom decided to sell 2 of its electronic security system business units. They have agreed to sell it to the Indian arm of Schneider Electric on the cost of 2.25 billion rupees.

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Religare Recommended Subscribing in United Bank of India

Posted on 23 February 2010 by Jyoti Singh

Religare is a global financial services group. It has been advised by Religare Capital Markets to subscribe to IPO (initial public offering) of United Bank of India for registering gains.

UBI a Kolkata-headquartered bank has fixed price of its Initial Public Offering at 0.8x post-diluted ABV as at the end of Sep 2009. Although the below-average operating performance of bank are grounds for concern, the absolute valuation discount in respect of peers like Allahabad Bank, Dena Bank and Andhra Bank guides us to rate the issue as Subscribe.

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Priety Zinta denies the rumors to sell Kings XI Punjab to Hero Honda

Posted on 10 February 2010 by Siddhi Sharma

Today, actress Priety Zinta said that it was a rumor that Kings XI Punjab was sold to Hero Honda team.

The players of Kings XI Punjab said that it was the fake news that IPL team was bought by Hero Honda group. Top officials of Hero Honda also said that IPL team was not sold to them.

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Subir Raha, Ex- ONGC’ chief is no more

Posted on 01 February 2010 by Siddhi Sharma

Subir Raha

Subir Raha

Subir Raha, debatably the most powerful previous chairman of Govt.’s Oil & Natural Gas Corporation, passed away due to cancer on Monday.

Subir Raha was 62 years old. Subir Raha, was diagnosed with lung cancer past year, was seriously unwell last week & was under treatment at a nursing home in Delhi, family & friends told.

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Indian Rupee Comes Down by Seven Paise in Starting Phase of Trade

Posted on 31 December 2009 by Siddhi Sharma

On the first day of 2010 the Indian rupee decreased in worth by 7 Paise beside the US $ as firm demand for the US $ that went up to 3-4 month high against any other foremost used currencies.

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Steel Prices Latest Updated

Posted on 22 December 2009 by Siddhi Sharma

Ever since the 2nd  section of current year global iron ore expenditure & steel manufacture have been bearing superior, a movement Resource Capital Research (RCR) advice has been obsessed by sturdy Chinese command, hacks to iron ore manufacturing levels & rising levels of sanguinity on the fraction of customers. The additional driver has been financial incentive events from governments about the world, which have improved infrastructure creation levels & as a effect the iron ore souk.

The matter with China is the basic holder for the market, as per RCR, is that some pressure to the strength of the Chinese economy facade a latent problem for global service markets.

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Key support for the day remains at 4880-4890: Reliance Money

Posted on 22 December 2009 by Alka Verma

1st  day of week undergoes the files giving out spiky down fall in levels (less Rs.12000 crore mark) through equally, benchmark indices closing the conference in pessimistic territory. once more it stayed a tedious operating sitting with NIFTY fluctuating amid 4960-4990 stages throughout main sessions of the trades.

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Negotiable Instruments act 1881

Posted on 08 December 2009 by Siddhi Sharma

Last weak Supreme Court had said that offense of the issue of cheques which is usually dishonored for getting funds can be conciliated between both the parties. In the present case K P Mohammed vs. K M Ibrahim was condemn.

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Shekhar Said The 3i Infotech Had Aim for Rs94

Posted on 08 December 2009 by Alka Verma

Shekhar explains that the model of 3i Infotech business is among the most varied in the midcap space. Nearly the same amount of income comes from the products of IT, IT services and BPO.

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