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JSW Drops Plans To Acquire Bina Power Plant Of JP Power

JSW Energy of Sajjan Jindal withdrew the proposal to purchase the 500 MW Bina Power Plant of Jaiprakash Power Ventures. He has taken this decision after waiting for the approval of the deal from banks for several months. JSW had announced to buy Bina Plant in 2015. It was believed that the deal could be in the Rs 2,700 Crore. However, banks providing loans for the project did not give

Sebi Approves The Lemon Tree Hotel IPO

One of India’s largest hospitality chain Lemon Tree Hotels has finally heard a yes from capital market regulator Sebi to float an initial public offer. With this, a total of 46 firms have finally received a clearance for IPOs in 2017, as per the information present on SEBI’s website. In September, the hospitality chain had filed the draft red herring prospectus (DRHP) with Sebi and got its notes on December

Here's Why Alibaba Has Been Obliged To Apologies

Alibaba, the Chinese e-commerce giant, has come below fire over its managing of consumer information in an incident that underlines increasing worries for privacy in the hyper-digitized nation. Ant Financial, the Alibaba associate, was obliged to apologies last week after consumers claimed that they felt deceived into permitting its service of Alipay to share information on their habits of spending with other third-party offerings and its credit-scoring arm. Managed by

A 4 Month Survey By Center To Ascertain The Skills Of Indians

Evaluation of the proper skills of the Indian people that will help them grab a rightful job will be done by the Center for Monitoring Indian Economy or CMIE and the National Skill Development Corporation or NSDC. This will also help gather the knowledge whether an employed person is in an appropriate position or is doing a job that is either underestimating or overestimating the skill.   This survey is

New Avatar Of Maruti Suzuki Swift Spotted Ahead Of Its Launch In 2018

The next-generation Maruti Suzuki Swift is all set to be launched at the Auto Expo 2018. Recently, it was seen during its television commercial shoot. 2017 Geneva International Motor Show was the first time this car was showcased. Overall structure of the new Swift is lighter and harder than the previous models made possible by the highly rigid frame reducing the reinforcements and is based on Heartect platform introduced for

Class Action TCS In US

One of India’s leading software giants, Tata Consultancy Services (TCS) is facing legal proceedings in the US. The company is alleged to be biased against American workers. As per Bloomberg report, a federal judge in California rejected the request of TCS to dismiss a 2015 legal trial that condemned it of breaching anti-discrimination laws by being biased to South Asian workers. The worries of the software giant were further aggravated

Price Wars...Idea Offer 1.5 GB Data/Day With Rs. 309 Package

More freebies on the way for Idea subscribers! To combat the overpowering Jio force, Idea Cellular improved its Rs 309 plan just a few days after its offer of 50% extra data. Under the upgraded plan, subscribers will get daily data allocation of 1.5GB in lieu of the earlier data allocation of 1GB. Following are the details: Details of Idea’s Upgraded Rs 309 Plan Total bundled data increased to 42GB

Before You Buy Online...Check This

The online shopping sector has witnessed a 45% growth in sales this year. Mega Deals and Big Discounts have attracted customers largely. But as per the investigation reports, fraudulent manufacturers and bogus sellers are rejoicing using the loopholes in the Information Technology Act. Meanwhile, online retailers claim to be intermediaries and are simply ignoring their responsibilities. If reports are to be believed, more than 60% items available online are fake.

25% GST On Luxury Cars

Luxury vehicles to cost more! Cess on luxury vehicles increased to 25% from its earlier 15% after a bill was passed in Lok Sabha to the effect on Wednesday. The GST (Compensation to States) Amendment Bill, 2017 was approved notwithstanding the chaos that prevailed over the provocative comments made by Union Minister, Anant Kumar Hegde on the Constitution and secularism. The comments led Opposition to enforce four adjournments in the

Indian Companies Will Aim On Building Digital Workspaces

With an increase in the acceptance of digital workspaces, the enterprises in India will work for harnessing chances generated by incorporation of new techs in 2018, claimed desktop virtualization leader Citrix this week to the media in an interview. “Digital workspaces will assist organizations all over different facets of operation, tuning from productivity in operations, talent retention in HR, improved customer engagement in sales, data-driven decisions in finance, and many