Pursuit of Good Things in Life
The luxury brand Mercedes Benz arm Mercedes-Benz Bank has decided to honour its loyal clients by launching two new Credit Cards – Silver and Gold. Apart from the regular features it offers its holders some exceptional benefits. Holder can get help on the move in case of breakdowns and accidents anywhere across Europe and North [...]
Indian Retail major Future Group has announced that it will acquire Express Retail Services Pvt Ltd, which runs Big Apple stores, for Rs 61.35 crore. ERSPL is a debt-free company (Owner of Big Apple), is expecting net sales of Rs 120 crore during 2012-13 which makes the deal really profitable for group. Future Group runs [...]
Riding high on success of London Olympics and good looks, India ace badminton player Saina Nehwal has signed three years contract with Rhiti Sports Management for a whopping amount of Rs 40-crore. As part of the contact, Rhiti will now manage Saina Nehwal’s endorsements and brand associations, corporate profile, patents and digital rights, images and [...]
The poor show by Indian telecom majors is evident from the results for the June 2012 quarter. The prime reason for the concern is due to heavy capital expenditure mostly with borrowed money. The profitability from the of the 2G-based services has declined and 3G services has not taken off in major way as expected. [...]
The German luxury car maker Audi is playing aggressive in India market and catching the imagination of potential India buyers despite not so favourable market conditions. In 2012 between January and July, the has reportedly sold over 4,680 cars as against 3,145 during the same period last calendar year- a mind blowing growth of 49%. [...]
Qatar’s royal family is buying storied Italian fashion house Valentino. Sources close to the matter have suggested a figure close to about 600 to 700 million euros. Valentino is among the latest purchase of a top European luxury brand by an emerging market investor. Though the Valentino did not disclose financial details of the sale [...]
Gina Rinehart, the58 year old Australian business women is now the world’s richest woman as reported by BRW Magazine. The Australian miner has an estimated worth of about $29 billion. She inherited $75 million when her father died in 1992; she has last two decades managed to increase her wealth by over 386 times to [...]
43 years old Cyrus P. Mistry will be crowned chairman of Tata Sons when Ratan N Tata retires by next year end (December 2012) on reaching the age of 75. Tata is 143-year-old group with more than 100 companies in its portfolio spread across 80 countries, employing 425,000 people. Who is Cyrus P Mistry? Cyrus [...]
If you have Airtel connection and if it has been inactive for over 60 days them it is very likely that your services will be terminated. The company has been forced to do this due to a shortage in phone numbers after the Department of Telecom tightened the allocation criteria. You are not alone as [...]
If sources are to be believed Amazon is eager to capitalize on the online business opportunity in India. Amazon is one of the leading online retail stores in world and also delivers some of the products in India however the high packaging, transportation and slow delivery time makes the deal less attractive. India is huge [...]