Zumba Fitness remains top selling video game in UK

Zumba Fitness‘Zumba Fitness’ game has remained as the top selling video game in the UK gaming charts ahead of rivals including ‘Transformers: Dark Of The Moon’ and Virtua Tennis 4.

505 Games' Zumba Fitness remained on the top of the UK's All Format games charts outselling four of its closest competitors combined. This is the sixth time that the game has topped the list in the country.

Successful Austerity Plan of Greece Cheering the World Economy

Successful Austerity Plan of Greece Cheering the World EconomyThe better performance of equity in the market of the US has given a boost to Asian market as on Monday, they opened on a green note. Today, Hang Seng, Nikkei and Seoul Composite were seen advancing over 1% each. However, the other notable gainers are Shanghai Composite, Taiwan Weighted and Straits Times gaining in the range of 0.6-0.9%.

New Call Telecom Takes Back Its Outsourced Work from India

New Call Telecom Takes Back Its Outsourced Work from IndiaA British company, New Call Telecom, which offers home telephone services, broadband and low-cost international calls, has taken back its outsourced work from India after it found that outsourcing it to India is no longer cheaper than doing the same work in the UK. Many British companies outsource their work to India because it costs very low.

New Call Telecom competes with BT and Sky to offer these tele-services to the customers. After taking back its work from India, the company has opened a call centre in Lancashire.

Shriram Transport Gains On Over-Subscription of Its NCDs and RBI Circular

Shriram Transport Gains On Over-Subscription of Its NCDs and RBI CircularThe commercial vehicle finance company, Shriram Transport Finance Corporation (STFC) has gained for the fourth consecutive day on over-subscription of its non-convertible debentures (NCD) and the Reserve Bank of India (RBI) circular which was released on Friday. The circular has given freedom to the banks to invest in securitized assets of NBFC.

Carlyle Group to Sell Its Stake in BPO Newgen

Carlyle Group to Sell Its Stake in BPO NewgenOn Monday, PE giant, Carlyle Group has announced to sell its 65% stake in Chennai-based publishing BPO Newgen Knowledge Works to a group of investors led by Franklin Templeton. These shares were acquired by Carlyle about seven years ago for $9.4 million in one of the first private equity buyouts in the country. No financial details of the deal are available as of now.

The BPO Newgen Knowledge Works serves some of the largest publishing groups in the United States and the United Kingdom. It has a workforce of 800 people, who are working in India, the UK and the US.

Variable Insurance Plan Initiated by SBI

Variable Insurance Plan Initiated by SBIA new plan introduced by SBI Life will ensure stable returns to investors. ‘Flexi Smart Insurance’ initiated by SBI aims at security for customer’s investment and stable returns.

The investors will be provided with an option to change the assured amount and elasticity of premium payment, along with interim and additional interest rates.

SBI Life MD and CEO, M. N. Rao said, “We will continue to strengthen our simple and smart series so as to cater to the protection and savings needs of multiple customer segments with varied risk— appetite”.

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