Vijay Mallya, the flamboyant liquor baron who owns a majority stake in Kingfisher, said he was determined to keep the airline flying and blamed a cash crunch on the tax authorities who have frozen its bank accounts over outstanding dues. “I am absolutely committed to keeping the airline going unless some government agency wishes to [...]
Infrastructure Giant C & C Constructions would spend Rs 2000 crores for improving 200 km of National Highway in Bihar. As reported in Economic Times, it would invest in 3 separate NH projects viz. 50 km of Patna to Bakhtiarpur route, 84-km stretch connecting Muzaffarpur to Sonbarsa and 70-km Mukamma to Munger. The 50-km stretch [...]
Bihar has tremendous potential for BPO industry, it can become a BPO hub in another 3 years. This was highlighted by K. V. Kamath at Global Bihar Summit 2012, who is the Non-Executive Chairman of ICICI Bank and Chairman of software major Infosys. Bihar’s youths have been going to Delhi, Chennai, Mumbai and Pune for employment [...]
This was inevitable. Aditya Birla Group Chairman Kumar Mangalam Birla has finally announced an Investment to the tune of Rs 500 crores in the coming 6 months. Birla would be setting up a Cement Unit in Bihar. The company is yet to decide over the final location , but Birlas are actively hunting for a [...]
There is a bad news . Despite positive speculations, cash-strip Kingfisher Airlines could not sustain the wrath of Market and is likely to down scale its operation in Tier 2 and Tier 3 Cities in coming days Already , the number of Kingfisher flights has come down to 160 a day from 240 flights a [...]
Global Bihar Summit 2012 kick started on Friday amid political jingle. It was inaugurated by Nepal PM Dr. Baburam Bhattarai in the presence of around 1000 delegates of local national and international fame. Dr. Bhattarai was accompanied by a 17-member team of delegates. Planning Commission Deputy Chairman Montek Singh Ahulwalia, commission member Abhijeet Sen, Infosys [...]
Twitter is now officially open to advertising. Small Businesses can buy and place ads on World’s no. 1 Microblogging site. It is also an answer to Twitter’s Long Term Business Startegy. Since 2010, Twitter’s in-house sales staff has sold “promoted tweets” to large businesses on a case-by-case basis. The company spent last year developing a [...]
Bihar Government has finally decided to computerize its Public Distribution System Stores in wake of the corrupt practices in it. Majority of dealers who intend to sell a major chunk of public items in the black market. A pilot project would be launched at Patna and Nalanda (why Nalanda everytime??) and on the successful completion [...]
Global Bihar Summit in its second edition is set to start on Feb 17. Being attended by over 1000 delegates from India and abroad, it is aimed to define priorities and lay down a roadmap for development. Representatives of over 12 countries are participating in this summit It is being attended by over 50 eminent Industrialists [...]
Bihar will ensure that all 9,213 villages in the state with a population of 2,000, would have banking facility through bank correspondent (BC) model by the end of the current fiscal, ending March 31. Here a person so deputed carries a handset to carry banking transactions. About 7988 Villages have already been covered and remaining [...]
