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India IT watchdog investigates ATM heist breachThe Indian government's cyber watchdog is investigating how the computer systems of two companies that are part of the country's vast IT services industry were breached in a global ATM heist that saw $45 million stolen from two banks in More… |
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Death toll in India building crash mounts to 72The death toll from a collapsed building in India's financial centre Mumbai rose to 72 on Saturday, as an injured woman trapped for 36 hours was freed from the rubble of the illegal and half-constructed building. Rescue worker More… |
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UAE Exchange honoured for brand excellenceUAE Exchange, a leader in remittances and foreign exchange services, has won the Global Award for Brand Excellence in ‘Banking and Financial Service’ category at an event held recently in Mumbai. Y Sudhir Kumar Shetty, More… |
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RAK Ceramics wins top excellence awardUAE-based RAK Ceramics recently received a Brand Excellence Award 2012 in the Durables category, for exhibiting leadership and perpetual innovation, at the 21st World Brand Congress in Mumbai. The World Brand Congress is the singl More… |
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Mass literacy champion wins WISE prizeThis year’s WISE Prize for Education has been awarded to Dr Madhav Chavan, a former chemistry lecturer in Mumbai who devised a simple formula to bring education and literacy to millions at minimum cost. The Laureate of the 2 More… |
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DP World wins top Mumbai terminal projectDubai-based global marine operator DP World has received the Letter of Award from Jawaharlal Nehru Port Trust India to build and operate a single berth facility of 330 metres quay length at Nhava Sheva, Mumbai. The new facility is expec More… |
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Starbucks opens first India outletStarbucks has inaugurated its first store in India in a historic building in southern Mumbai as the Seattle-based coffee giant seeks growth in a market long associated with tea drinkers. "It is perhaps the most elegant, beaut More… |
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DHL invests $129m towards India operationsGlobal market leader for contract logistics solutions, DHL Supply Chain, has announced an investment of Euro 100 million ($129.71 million) to further strengthen its logistics infrastructure in India. This will include development More… |
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GFH Mumbai project gets highway accessThe Mumbai Economic Development Zone (MEDZ), being developed by Bahrain-based Gulf Finance House (GFH) and India’s Wadhwa Group, has secured approval to link the project to the National Highway. More… |
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Kingfisher airline tycoon faces arrestAn Indian court yesterday ordered the arrest of the highflying owner of Kingfisher Airlines for bouncing cheques, adding to the beleaguered airline's woes as it struggles to resume flights that have been grounded since the start of the month More… |
