Archive : Business News

As a matter of fact, premium to be paid as part of mortgage insurance, on loans catered to by Federal Housing Administration, or FHA is substantially higher than those provided by as part of a conventional transaction. While, the premium happens to be 1.50% of the sales price; renewal premium to be paid subsequently is .500%. In the event of defaulting; the premium seeks to protect the interest of [...]

One of leading telecom comapny Bharati Airtel launched its new logo.The new Airtel Logo features more curves and lighting effects compared to the old sharp-edge Airtel logo.& curved ‘A’ with little bit of highlighting to indicate what they call dynamism and the warm and friendly appeal of Airtel , Apart from Bharti Airtel logo, they also changed their signature tune which was composed by A [...]

London, Sept 3 (ANI): Lingerie brand Ultimo has claimed that it has created the perfect bra, which can turn saggy boobs into perky, take ten years off one’s looks, and is apparently so comfortable one can sleep in it. The company revealed it spent two years and more than 100,000 pounds talking to women about their idea of the perfect bra, as they wanted to create something that was supportive enough [...]

Hyderabad, Aug.26 (ANI): B.Ramalinga Raju, the key accused in the Satyam fraud case, made a second appearance before a court here on Thursday after being granted bail by the Andhra Pradesh High Court. Raju, who has been diagnosed with Hepatitis-C, said he was fine for the time being. “I m fine now , procedure unduly extended. I”m recovering now. Bail is a good relief,” said Raju. Raju [...]

Bangalore, Aug 26 (ANI): A leading developer, the Brigade Group, obtained a license from the World Trade Centre Association to build the coveted building in Bangalore. The board of directors of the Brigade Group disclosed this to the media persons at Bangalore on Wednesday. According to provisions granted under the license, the developer would classify and manage the 1,000 square feet premises of a [...]

New Delhi, Aug.24 (ANI): Union Minister for Commerce and Trade Anand Sharma said on Tuesday that the country was planning its next export sector review by the end of 2010. India on Monday offered incentives to some exporters to help them tide over an uncertain and “fragile” global economic recovery, but said fiscal consolidation might not allow continued support in the future. Speaking [...]

New Delhi, Aug 21(ANI): Leading telecom operator Bharti Airtel has said that only the Canadian maker of BlackBerry, Research In Motion (RIM), and not service providers, can provide technical solutions to give security agencies access to services on the smartphones’ email and messenger services. “Operators like us can only coordinate with RIM. We hope to see a reasonable solution on the BlackBerry [...]

Bangalore,Aug.20 (ANI-Business Wire India): Strand Life Sciences, a technology pioneer in the practice of scientific intelligence in health sciences, today announced that it has signed a Memorandum of Understanding with Mazumdar Shaw Comprehensive Cancer Centre (MSCC) of the Narayana Hrudalaya (NH), for collaboration in translational cancer research. The partnership is aimed at performing joint research [...]

Ericsson , the world’s number one mobile network gear maker, missed expectations for second-quarter core profit as operators stayed wary about investing and parts shortages again hit sales. Ericsson shares were down 5.6 percent at 0947 GMT, the leading decliners in an 0.7 percent easier STOXX 600 European technology sector, following a run of outperformance. Highlighting a problem that rivals [...]