New Identity for Indian Rupee
Currency symbols are the graphical signs that represent a particular country’s currency. For example, the currency symbol for the euro is € and for, is $. Currency symbols are used to replace currency names or currency codes. Today Indian currency is all set to get a new numerical symbol like US Dollar as the Union Cabinet is going to finalize the new symbol. The proposal, said to be prompted by the growing influence of the Indian economy … Read entire article »
Filed under: Business World, Current Affairs
Vodafone Is Not Happy With The Indian Market
The Vodafone group is not happy with the way things are turning out in the Indian market. Vodafone Group Plc signalled increasing frustration with its key Indian unit on Tuesday, taking a charge of 2.3 billion pounds ($3.3 billion) due to fierce competition and rapidly escalating spectrum costs. The world’s second-largest mobile operator by revenue entered the Indian market in 2007 after beating rivals in a high-profile auction to make it the key territory in its … Read entire article »
Filed under: Business World, News Updates
India’s Biggest Corporate Fued – When Brothers Fight
Mukesh Ambani, the billionaire head of Reliance Industries, has triumphed in the latest dispute with his brother Anil that saw a family disagreement taken to the Indian Supreme Court. The court ruled this morning that Mukesh was not entitled to uphold a private family agreement that stated he would supply gas to his brother’s company at below-market-price. Mukesh’s lawyer confirmed to waiting journalists that the ruling “is a complete victory for Mukesh Ambani.” The court also ordered … Read entire article »
Filed under: Business World, News Updates
3G bid Highest In Metro cities
3G spectrum has crossed Rs 2, ooo crore mark on 23rd day of the auction process.for metro cities like Delhi and Mumbai. 3G allows mobile firms to offer high speed internet and other premium services. Delhi closed at Rs 2, 080.6 crore wher as Mumbai finished on Rs 2,128.9 crore. As of Friday, 132 rounds of bidding had been completed, the telecoms department (DoT) said on its website. The pan-India bid price crossed the Rs 12,000-crore … Read entire article »
Filed under: Business World, Science and Technology
Gmail Gets Its Name Back In UK
Poor Google has been fighting wars at different states. Firstly it had tough time with China, and now after five years of struggle in UK, Google has retrieved it name. Yes, you heard it right. Because of a trademark dispute Google was forced to choose another name for its email service – Gmail to operate its services in UK. Therefore, on October 19, 2005, it changed its name from Gmail to Googlemail, because of trademark disputes … Read entire article »
Filed under: Business World, Science and Technology
