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Monthly News April 2014

MH370 may not be found on ocean surface:...

MH370 may not be found on ocean surface: Tony Abbott

Australian Prime Minister Tony Abbott said on Monday it was now “highly unlikely” that any debris of the missing Malaysia Airlines plane will be found on the ocean surface, as he announced a more intensive underwater search expanding to new areas that may take up to eight... read more »

String of Deadly Storms Hits Across Midw...

String of Deadly Storms Hits Across Midwest and South

ATLANTA — A violent weather system lashed the Midwest and South with tornadoes on Sunday, killing at least 12 people, officials said, and leaving vast areas of destruction. Forecasters warned that additional severe storms were likely on Monday. In Arkansas, the National Weather Service reported... read more »

Indian handset companies import most of ...

Indian handset companies import most of their devices

Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing They started from scratch a few years ago and leveraged the mobile services boom to become key market players. Home-grown handset makers... read more »

Narayana Murthy presented ‘Global Indian...

Narayana Murthy presented ‘Global Indian Award’ in Canada

Toronto, April 28: Infosys Executive Chairman NR Narayana Murthy was yesterday presented with the 2014 “Canada India Foundation Chanchalani Global Indian Award” here for his remarkable vision and leadership in the IT sector. The award, which carries a trophy and a cash prize worth $50,000,... read more »

Special discount fares fail to get SpiceJet more passengers

NEW DELHI: Low-cost carrier SpiceJet’s special discount fares, which began in January has not helped the airline carry more passengers. For the month of March 2014, the airline... read more »

General Electric Invests $24 Million In Solar

GE Energy Financial Services, a unit of General Electric, and Welspun Renewables Energy Pvt. Ltd. (WREPL) have entered into a partnership to expand solar power generation in India. In its... read more »

Axis Bank Q4 profit rises 18% to Rs1.8k crore

MUMBAI: Axis Bank has reported a net profit of Rs 1,842 crore for the quarter ended March 2014 – an increase of 18% over Rs 1,555 crore in the same period last year. The annual net... read more »

Re-polling in five booths in Uttar Pradesh

Lucknow: Re-polling will be held at five polling stations of Firozabad and Etawah Lok Sabha constituencies as the Election Commission (EC) has received complaints about booth capturing and... read more »

Rahul Gandhi to address three rallies in Narendra Modi’s Gu...

Ahmedabad: Congress vice-president Rahul Gandhi as well as other national and local Congress leaders are all set to intensify their campaign in Gujarat. Spearheading the Congress campaign in Narendra... read more »