Air Asia India got permission to launch low cost domestic airline
Mittu Chandilya, CEO of Air Asia India, had stated that Air Asia India got permission to launch low cost domestic airline. Operations will start in the next one or two months.
Jignesh Shah arrested in connection with Rs.5600 crore NSEL scam
Jignesh Shah arrested in connection with Rs.5600 crore NSEL (National Spot Exchange Limited) scam. He is the promoter of Financial Technologies. He was arrested by Economic offences wing of the Mumbai Police. Jignesh will be produced into the court on Thursday. In the same crisis case, Mumbai EOW police had arrested former chief of Multi Commodities Exchange of India. Both were the members of MCX and NSEL.
New MD & CEO of Kasturi & Sons Ltd is Rajiv C Lochan
New MD & CEO of Kasturi & Sons Ltd is Rajiv C Lochan. He was elected unanimously. He is 43 years old. Rajiv will take charge from 1st June 2014. He is responsible for all non editorial operations of the company.
11th annual Global 2000 list of Forbes released
11th annual Global 2000 list of Forbes released. It is a comprehensive list of world’s largest most powerful public companies. It was measured on the basis market value, assets, profit and revenues. Top 5 companies in the list were Industrial & Commercial Bank of China (ICBC) China, China Construction Bank China, Agricultural Bank China, JP Morgan Chase United States, Berkshire Hathaway United states.
HCL Technologies won DNB Bank contract for 7 years whose worth is Rs.2400 crores
HCL Technologies won DNB Bank contract for 7 years whose worth is Rs.2400 crores. This is the biggest deal to the Indian technology firm. Within the period of 18 months DNB will migrate to HCL systems from its existing IT partner.
New ICRISAT Ambassador is Dr.Nigel Poole
New ICRISAT (International Crops Research Institute for the Semi Arid Tropics) Ambassador is Dr.Nigel Poole. He was appointed due to the leadership and vision in championing the Institute’s mission to develop sustainable and science based solutions for better livelihood for the poor in the dry lands stated by ICRISAT.
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