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Small Tea Growers in North Bengal prepare to set up own processing units
Kolkata, Oct 20: Complaining about the abnormally low price for their yields, small tea planters in north Bengal's Terai and Dooars area are now seeking help from the union government to set up their own processing units to reduce their…
Lockheed begins construction of US Presidential Choppers in India
New Delhi, Oct 20: Construction of the first lot of six VH 92 Super Hawk helicopters that transport the US president has begun in India.
The new generation helicopter is based on the Sikorsky S-92, whose cabin, some other parts and wire…
Facebook to warn users of State-Sponsored Targeted Attacks
Washington, Oct 20: In its bid to safeguard users from a state-sponsored targeted attack, the social networking site Facebook has announced to notify them with a warning message if someone working for the government is trying to hack into…
China lowers 2015 Electricity use estimate
Beijing, Oct 20: The China Electricity Council (CEC) has trimmed its estimate of the amount of electricity the country will consume in 2015, based on the decelerating economy.
The CEC anticipates an annual increase of 1 percent in…
Oil Prices plunge amid strong US dollar
New York, Oct 20: Oil prices dropped on Monday as the stronger US dollar made the dollar-priced crude more expensive and less attractive for buyers holding other currencies.
The US dollar increased against the euro on Monday as…
Government addressing banks’ Bad Loans issue says PM Modi
New Delhi, Oct 20: Noting the massive stressed assets, or bad loans, of state-run banks, Prime Minister Narendra Modi on Monday said the government would be infusing Rs.70,000 crore in the public sector banks (PSBs) in the next few years.…
Jaitley begins pre-Budget Consultations with Economists
New Delhi, Oct 20: Finance Minister Arun Jaitley initiated preparations for the union Budget 2016-17 by meeting leading economists from within and outside the government at the Niti Aayog here on Monday, an official statement said.
"The…
Infosys buys Noha Consulting Firm for $70 Million
Bengaluru, Oct 19: Global software major Infosys on Monday announced the acquisition of US-based Noha Consulting firm for $70 million (Rs.454 crore) in a cash deal. The Houston-headquartered Noha provides information management consultancy…
Cube26 receives Rs.50 crore Seed funding from Flipkart, TGM
New Delhi, Oct 19: Technology innovation company Cube26 on Monday said that it has received Rs.50 crore in seed funding from domestic e-commerce marketplace Flipkart and Tiger Global Management.
"With our software focus and product-led…
HCL Technologies acquires Concept to Silicon Systems
New Delhi, Oct 19: HCL Technologies on Monday said it has signed an agreement to acquire a Bengaluru-based privately-held engineering services firm, Concept to Silicon Systems (C2SiS), for an undisclosed amount.
"C2SiS today (Monday) is…