Sunita Tests LOCAD-PTS

With the purposeSunita Williams of extending future exploratory journeys into space, the first major test on the

DaimlerChrysler Will Soon Depart Tata’s Land

DaimlerChrysler DaimlerChryslerIndia’s new plant near Pune will end up the land lease a

IT, BPO Grew As Per Estimations In FY07

The IT industry performance for the 2006-07 may fit in order with prospects. It’s not just escalation of the rupee that will affect the attitude but also enhancement in salaries and the minimum alternate tax (MAT), which could catch a charge on the IT industry, in a cumulative manner.

The other worrying part is the constant habituation of the IT industries on the habitual applications development and maintenance (ADM) tasks and their incapability to expand considerably to the advanced charging and harder undertakings in fields like marketing, logistics, automobiles and aerospace.

Sid Pai, partner TPI International stated, “Sustaining top line growth will be a challenge.”

SBI To Spare Subsisting Home Loan Customers

State Bank of IndiaState Bank of India (SBI) will not increase interest rates for a range of existing home and education loan customers’.

Even as the shift may be partially influenced by the earlier finance ministry recommendation that banks should not rush through rate increases.

The banks’ asset liability committee (Alco) that gathered on late Thursday evening, has suggested to the bank panel that the standard prime-lending rate (PLR) may be hiked up by 50-75 basis points. At this time, the bank’s PLR is 12.25%.

Ranbaxy now Makes $100 Million Annually

Africa hasRanbaxy been a hushed moneymaker for India’s major drug manufacturing company Ranbaxy making a

133K Indians Apply For H-IB Visas

H-IB visaThe US Citizenship and Immigration Services (USCIS) on Tuesday revealed that an estimated

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News in Focus

Celebrities Banned from Promoting Online Betting in Romania

Online gambling advertising in Romania faces a decisive overhaul.

EGT Digital Expands in Italian Market with Online Casino Fastbet

Online gambling supplier EGT Digital has broadened its reach in Italy through a content agreement with Replatz, the operator behind the Fastbet brand.

Radico Khaitan Share Price Target at Rs 3,090: Sharekhan Research

Radico Khaitan Ltd (RKL), one of India’s leading spirits companies, has received a reaffirmed ‘Buy’ recommendation from Mirae Asset Sharekhan, with a revised price target (PT) of Rs 3,090.

Marina Bay Sands (MBS) and Resorts World Sentosa Could See Major Investments: Morgan Stanley Report

Singapore’s casino duopoly is preparing for its most ambitious expansion since the city-state first embraced integrated resorts 14 years ago.

Xanada Investments Invests in iGaming Major Sweepium

Xanada Investments, known for backing disruptive ideas in iGaming, has taken an undisclosed stake in Sweepium—a turnkey platform engineered to help sweepstakes-casino operators launch and scale ins

SYNOT Games Partners with Swedish Online Casino Platform Wunderino

SYNOT Games is accelerating its Scandinavian push through a strategic distribution deal with Wunderino, a fast-growing Swedish online-casino operator.