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NRI students offered internships in various Indian firms

A pronounced opportunity has been offered under a public-private partnership during the summer of 2016 for all the Indian diaspora/NRI students. They have been rendered with some 60 paid short term internship positions in 23 Indian companies in major Indian cities. The Indian government in partnership with the Confederation of Indian Industry (CII) has set up The Overseas Indian Facilitation Centre (OIFC). ...

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Volkswagen sales in US dropped post emission scandal


Volkswagen US announced their lackluster sales figures which showing a large scale drop during the month of November. As per the estimate, even less than 24,000 Volkswagen cars were sold in the month of November, posting a drop of 24.7 percent, Xinhua quoted the group as saying on Tuesday. Following the release of November sales figures, Volkswagen stocks fell over ...

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Gold increasing upon technical trading


Despite a stronger US dollar, Gold futures on the COMEX division of the New York Mercantile Exchange rose on a technical trading bounce. Monday was found as the most active gold contract for February delivery added $9.1 (0.86 percent)  and settle at $1,065.30 per ounce, Xinhua reported. In November, gold futures lost $76.1 (6.67 percent). According to MarketWatch, this is their ...

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Many Volkswagen vehicles contains emission cheating devices


The US government has informed that , Volkswagen (VW) has admantly admitted that there are more diesel vehicles that use defeat devices to circumvent emissions tests. Volkswagen officials told the US Environmental Protection Agency (EPA) and the California Air Resources Board (CARB) on Thursday that they installed defeat devices in all Volkswagen and Audi vehicles equipped with three liter diesel engines ...

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Ireland’s unemployment rate knock down to nine percent


According to official figures the estimate rate of Irish  unemployment   knock down to 8.9 percent lowest since the end of 2008. The digit from the Central Statistics Office (CSO) stated  that 135,800 in addition  extra jobs were formed in consideration the start of 2012, when the unemployment rate was 15.1 percent in February, Xinhua reported. It is the  first time ...

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Indian stock equities opened lower upon weak global signs


Following the dreadfull carnage in Paris, investor’s mood are likely to be spooked globally and even the weak sentiments saw the markets close in the red in seven out of the past eight trading sessions so key Indian stock market indices opened lower on Wednesday Tthe sensitive index (Sensex) of the Bombay Stock Exchange opened lower at 25,580.15 points against the previous ...

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Volvo cars hits giant hikes in Global sales


Leading Swedish Automaker Volvo Cars on Tuesday reported a grand global sales hike in October as dealers in the US had an especially strong month in terms of wealth. In a press release, Volvo informed that the company startlingly sold nearly 46,000 cars in all markets, a 12.6-percent increase on the same month in 2014. In comparison to October last year,in ...

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Reliance Telecommunications merged with Sistema Shyam Teleservices


Leading Industrialist Anil Ambani-led Reliance Communications on Monday profoundly announced a definitive agreement for the merger of Sistema Shyam Teleservices  in a unique stock-cum-spectrum fee deal into its project,in order to trigger a major consolidation in India’s telecom space. This ill serve as a great outpush for country’s welfare. “As result of the demerger, Sistema Shyam Teleservices will acquire and ...

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Maruti Suzuki announces earnest dealership in Manesar


To an astouding pretext, the country’s leading car making company Maruti Suzuki is all set to expanded its business in the Delhi NCR region with the surprising yet stunning launch of its 66th dealership ‘Platinum Motocorp’ in Manesar. The facility was launched on Friday evening near the Jaipur-Delhi highway, which is saliently spread over 50,000 square feet with a capacity to ...

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Moody’s : Will India stand on promised reforms?


As per the Moody’s analytics, the Indian economy is expected to grow at 7.6 percent this year and 2016, as closing of negative output growth is going to be difficult due to external headwinds and the government failing to deliver on reforms Moody’s Analytics, a division of Moody’s Corporation, in a report titled ‘India Outlook: Searching for Potential’ said: “Overall, it’s ...

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