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In a commendable attempt, Memorandum of Understanding (MoU) has been signed between the Indian Army and IndusInd Bank Ltd for opening salary accounts for army personnel of all ranks.

The sole motto behind this step was to refine the salary administration system of the Indian Army in addition to provide improved customer convenience and satisfaction. With this agreement, IndusInd Bank will have to escalate its number of branches by 400 by March 2014 to sustain such huge expansion of business operation.

The popular Indian shoe company, Bata is trading at Rs 553, which is up by Rs 17 or 3% more than their p

Hyundai has launched the next generation of cars, Fluidic Verna sedan in India in May. Hyundai is the second largest car manufacturer in the country. In order to keep up with its demand, there has been an increase in production. So far, there have been 20,000 bookings and it is only increasing every day.

The care offers a 1.6 liter petrol tank and the diesel engines are mated to a 4-speed automatic transmission. The manual transmission is available for the four engine option.

Few days back, BMW exposed X1’s new edition SDrive 20D EfficientDynamics. This version probably will be launched in the European market by the end of this year. On the other hand, in India, BMW will launch this new edition next year. With the advent of this new edition, BMW will once again prove itself as a powerful leading car company.

Jubilant Life Sciences Company has collaborated with Janssen Pharmaceutical for a drug discovery alliance for three years, targeting neuroscience area. The stock of Jubilant was at Rs. 198 that is Rs 19.80 high.

The stock of Jubilant has gone up by 11.08%, the shares have gone up by Rs 19.75 to Rs 197.95. Earlier, it was trading with 562,432 shares, whereas its 5-day average was 33,740 shares that was an increase of 1,566.98%.

The renowned Land Rover is looking forward to launch a bigger Evoque with more space and comfortable legroom. At present, it is available in three and five door options. In spite of additional feature, it has not compromised on the looks of Grand Evoque.

The running version of Evoque is based on the LR-MS platform which could be further stretched by around 300 mm. On the other hand, the Grand Evoque will be taller than Evoque, approximately 100 mm along with a FWD and will be available in both 2.0L petrol and 2.2L diesel engines.