Software services firm 3i Infotech Ltd. has entered into strategic partnerships with ICICI Lombard, Airtel and Max New York Life to offer a comprehensive range of services to rural consumers under the I-SERV brand.
It may be noted that through I-SERV stores, consumers especially in remote rural areas will get an access to a range of value added services that will improve their quality of life. These stores will deliver services related to Banking, Insurance, Mobile, Education, Ticketing and Utilities.
The indefinite strike called by transports has entered the third day. The Union Government has asked all states to ensure supply of essential goods across the country. The states are advised to use the Essential Services Maintenance Act (ESMA) and the National Security Act (NSA) to get transporters back on work. ESMA allows government to arrest the truckers who are disrupting the flow of essential services. The center has also asked states to cancel permits of trucks to deal with situation.
After a long wait, Mahindra and Mahindra along with BAE Systems has finally secured the approval from the Government of India's Foreign Investment Promotions Board, for the setup of Joint Venture (JV) in India, focused on land systems for the Indian market.
Oriental Bank of Commerce (OBC), one of the leading PSU banks in India, has signed a memorandum of understanding (MOU) with India's leading car manufacturer Maruti Suzuki India Ltd. to publicize the loan scheme offered by Oriental Bank of Commerce.
Maytas Infra Limited, one of 
TATA group owned TATA Steel reported 14 per cent decline in sales in the third quarter of current financial year as compared to sales during same period last year. It indicates the impact of global slowdown on the steel sector. Almost all economic segments are facing the heat of global financial crisis and gearing up for strict measures to deal with the situation.
