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Maruti Suzuki to train 2,100 youths annually

Maruti Suzuki to train 2,100 youths annually

Market leader Maruti Suzuki India is stepping up its skill development activity by setting up automobile skill enhancement centres at 45 government-run Industrial Training Institutes (ITIs) across India

Through the programme, the company is looking to train over 2,100 youth annually in car service and repair, Maruti Suzuki India (MSI) said in a statement.

No idea where Dawood Ibrahim is, government tells Parliament

No idea where Dawood Ibrahim is, government tells Parliament

NEW DELHI: The government on Tuesday faced embarrassment after the Union home ministry in a reply told Parliament that the government had no idea where Dawood Ibrahim is.

This is in complete contradiction to what the government stand has been on the underworld don, who is the prime accused in the 1993 Mumbai serial blasts.

Tata Motors puts diesel Nano plan on back burner

Tata Motors puts diesel Nano plan on back burner

PUNE: Tata Motors will not be driving in a diesel engine powered Nano in the near future owing to issues related to "refinement and economics".

The company, which is expected to launch the GenX Nano soon, had developed a 2-cylinder 800 cc diesel engine that was also aimed at powering the small car but it has decided against using it for the time being.

LumenEd: A Startup Connecting Classrooms Around the World Even Where There is No Internet

LumenEd: A Startup Connecting Classrooms Around the World Even Where There is No Internet

US-based LumenEd is a startup that is trying to connect classrooms around the world through a Video Pen-Pal program using a multimedia device – Bright Orange Box (BoB) that works everywhere, even in environments without electricity or Internet. The Video Pen Pal Program pairs classrooms from different geographic, social and economic contexts to engage in weekly videos conversations.

The BoB, a battery-powered smart projector, allows classrooms in the US to interact with classrooms in India while bringing digital learning content to under-resourced classrooms in India. By pairing a bright projector and loud stereo speakers, the box allows teachers to present videos, music, and powerpoints to their whole classroom.

Nikola Labs Launches an iPhone 6 Cover to Harvest Electricity from Air

Nikola Labs Launches an iPhone 6 Cover to Harvest Electricity from Air

American energy harvesting company Nikola Labs has launched a special cover case for iPhone 6. The cover converts the wasted 90% of energy that the phone produces in trying to pump out a cellphone signal, and puts it back into the phone, thus, powering the phone for up to 30% longer.

The cover is not an extra battery, it simply works passively. Essentially, it is harvesting back the ambient RF energy already being produced by the phone, according to TechCrunch.

Infosys to Bengal: Either give SEZ or repay money

Infosys to Bengal: Either give SEZ or repay money

IT major Infosys has asked the West Bengal government to either give SEZ status to the company’s proposed software development centre at Rajarhat or repay the money it has given in advance for the land.

“We have told the state government that it should either give us the SEZ status or pay back the money which was advanced to get the land,” a senior Infosys official told PTI.

Private lenders’ asset quality woes ease, but ICICI Bank disappoints

Private lenders’ asset quality woes ease, but ICICI Bank disappoints

After being bogged down by asset quality worries for more than two years, private sector lenders got a breather in January-March quarter having reported no large increase in bad loans. Barring the biggest player, ICICI Bank, most lenders reported steady gross non-performing assets for the quarter.

HDFC Bank, Axis Bank, IndusInd Bank, YES Bank and Federal Bank reported steady gross NPAs. ICICI Bank saw a rise in gross NPAs to R15,097 crore (3.78% of loans) from R10,554 crore (3.4%) in the previous quarter. Bulk of its bad loans came from restructured portfolio during the quarter. Consequently, provisions rose a massive 88% to Rs 1345 crore.

Five factors that could decide what way the Sensex moves next

Five factors that could decide what way the Sensex moves next

NEW DELHI: The Indian market has become an underperformer from being one of the top performing markets in the calendar year 2014. The S&P BSE Sensex, which is down over 10 per cent from its record high of 30,024.74, has erased gains made so far in the year 2015.

It is the worst-performing market among major global indices so far in the year. However, analysts are of the view that the India growth story is still intact and, therefore, long-term investors should use this short-term correction as an opportunity.

Climate change sparks tension in India's tea gardens

Climate change sparks tension in India's tea gardens

Usha Ghatowar smiles wryly when asked about the pay she earns picking leaves at a colonial-era tea garden in Assam.

"Do you think Rs 3,000 are enough when your monthly expenses can be double that?" she mumbles, as she puts on her "jaapi" hat of woven bamboo and palm leaves and takes a sip of tea from a steel mug.

Mahindra tractor sales fall 13% in April to 18,011 units

Mahindra tractor sales fall 13% in April to 18,011 units

Auto major Mahindra & Mahindra's total tractor sales in April were down 13% at 18,011 units as against 20,731 units in the same month last year.

Domestic tractor sales in April stood at 17,006 units against 19,895 units in the year-ago month, down 15%, the company said in a filing to BSE.

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