Business - News Go

Maruti Suzuki to recall its Baleno and DZire for fixing bugs

May 28, 2016 NG News Network

New Delhi: India’s one of the largest automobile manufacturer- Maruti Suzuki has announced the recall of its about Seventy- Five Thousands and plus units of recently launched- Baleno and also its bout Two Thousands of compact sedan- DZire for fixing faulty airbag component and fuel filter. The Company has recently released its statements and as per such statements, “Maruti Suzuki will proactively and voluntarily recall 75,419 Baleno cars, both petrol and diesel, manufactured between August 3, 2015 and May 17, 2016 to upgrade the airbag controller software.” It is notable…

RBI Governor- Rajan says India having 7.5% growth, despite 2 droughts and weak International Market

May 22, 2016 NG News Network

Bhubaneswar: Yesterday, on Saturday, the Governor to RBI- Reserve Bank Of India- Mr. Raghuram Rajan found disclosed the growth rate in the Indian economy, which is as per him, 7.5 per cent, despite two major droughts and a weak international market scenario. Moreover, as per the RBI Governor, the country is largely protected from the global volatility. He said “the Indian economy has recorded 7.5 per cents of growth, which suggests we have macro stability, which is desirable” moreover, he added that we “need to continue to preserve it.” He…

India’s exports fall for 17th Month in April, trade deficit hits 5 year low

May 15, 2016 NG News Network

New Delhi: A serious decline in experts for Seventeenth month seen due to the continuous fall in the shipments of the Petroleum products and also in engineering products. This was seen in a row in April by 6.7 per cents to 20.5 billion dollars. Not only this, but the said fall is also experienced in the imports too, which by 23.1 per cents to 25.4 billion dollars in the month under the review as against thirty- three billion dollars as was seen in the month of April, last year. Moreover,…

Six India’s startups to attain Google Launchpad Accelerator Programme

May 13, 2016 NG News Network

Yesterday, on Thursday, 12th May the America- based multinational technology company- Google announced its second batch of Indian start-ups which will join its Launchpad Accelerator Programme at Google Headquarters in United States of America’s California. From 13th day of June, this year, this six month long mentorship programme for mid- to late- stage start-ups will be started and also notably, each of such start-ups will be getting a 50,000 US dollars in equity- free funding. Moreover, notably again all such selected Six start-ups from India will be joining the Eighteen…

Rs. 237 Crores raised by Government after selling small portion of its holdings in Indian Oil Corporation

May 12, 2016 NG News Network

New Delhi: After selling a small portion of the Government’s holding in the Indian Oil Corporation Limited- IOCL to its employees who are serving in the public sector oil retailer, the Government has now raised 237 crore of rupees fund. The Finance Ministry, which revealing this in its statements, stated that “employees applied for 53.17 per cents of the 1,21,39,762 shares offered for allotment.” And it later disclosed that nearly forty per cents of the employees participated in the said employee offer of Indian Oil Corporation Limited from second day…