Business News – Newsletter for November 27, 2010

Boscov’s Adopts Charity Program

SAN FRACISCO (GaeaTimes.com)- Boscov’s decided to offer something more after the sizzling Black Friday Deals. It has decided to adopt a charity program that would aim to help the poor and hospitalized elderly people and some helpless animals, who cannot speak for their rights.
The Boscov’s stores is Pennsylvania have set up two Christmas trees …. Original article  : Boscov’s Adopts Charity Program.

Cyber Monday Electronic Deals Raining Aplenty

SAN FRANCISCO (GaeaTimes.com)- The frenzy and maddening rush for the Black Friday sales has hardly subsided but the excitement over Cyber Monday has been gathering steam. This in fact is the last opportunity for those shoppers who could not make it to the Black Friday sales. The Cyber Monday ads have been published by …. Source article  : Cyber Monday Electronic Deals Raining Aplenty.

Infosys mentor calls for IT sector professionalism, ethics in Bangalore

BANGALORE – Information Technology (IT) giant Infosys chairman N.R. Narayana Murthy on Friday reiterated his call for promoting professionalism and ethics in the competitive and complex IT sector.

He was speaking at a round table conference organized by Institution …. Original article  : Infosys mentor calls for IT sector professionalism, ethics in Bangalore.

Cyber Monday Deals Create Buzz

SAN FRANCISCO (GaeaTimes.com)- Even though Black Friday is officially over the excitement of the shoppers are refusing to subside. They are looking forward to the Cyber Monday deals. It would be perfect for those who love to buy products at bargain rates but are weary of jostling with the crowd. The top retailers like …. Source  : Gaea News Network.

China launches electronic passports

BEIJING – China has launched its first ever electronic passports that would contain information in microchips.

The adoption of electronic passports complies with international trends and plays an important role in international travel for officials, Huang Ping, director-general of the department of consular affairs of China’s foreign ministry, said at the launch ceremony in Shanghai …. Source  : Gaea News Network.

Ban sale of agricultural land to non-Goans: Congress

PANAJI – A special legislation is necessary in Goa to ban sale of agricultural land to foreigners and non-Goans considering the land resource crunch here, state Congress president Subhash Shirodkar has said.

Shirodkar told IANS here Friday that he would meet Chief Minister Digambar Kamat and urge him to speed up passing of the … Read more >>.

US shoppers plunge into Black Friday

WASHINGTON – Tens of millions of US shoppers raced from their homes on Black Friday to take part in the annual US holiday frenzy of lifting the economy.

They chased after $200d discounts on 46-inch Google TVs and $100 discounts on three pairs of Rockport shoes.
Many left their homes before midnight Thursday with their …. Original article on Gaea Times at  : US shoppers plunge into Black Friday.

US stocks drop on more euro concerns, Korea tensions

NEW YORK – US stocks fell Friday as credit ratings for Irish banks were cut and tensions simmered on the Korean Peninsula.

Ratings agency Standard & Poor’s drastically downgraded the creditworthiness of Anglo Irish Bank and lowered its rating for three other Irish banks. The European Union and International Monetary Fund reportedly hope to reach …. Source article on Gaea Times at  : US stocks drop on more euro concerns, Korea tensions.

Step-by-step liberalisation good policy: German envoy

KOLKATA – Germany’s envoy to India Friday called for greater foreign participation in this country’s insurance sector but said it was a good policy to go for liberalisation step-by-step and slowly.

“There are same areas which if opened up can be mutually beneficial, like the insurance sector. The foreign direct investment (FDI) in insurance should …. Original article on Gaea Times at  : Step-by-step liberalisation good policy: German envoy.

Nafed monitoring markets to check onion prices

NEW DELHI – Agri-cooperative Nafed is monitoring the rates of onions to keep prices under check, and increased arrivals from Maharashtra will ease prices, the agriculture ministry said Friday.

“Nafed is monitoring rates of onions in different mandis on daily basis to keep onion prices under check,” a release from the ministry said.
Heavy rains … Original article on : Nafed monitoring markets to check onion prices.

Abu Dhabi voted ‘Best City’ in MENA region

Dubai, Nov 26 (IANS/WAM) Abu Dhabi has been voted the “Best City” in the Middle East and the North Africa region (MENA) in a study, it was announced Friday.

The report titled “Best Cities of the Middle East and North Africa 2010″ was produced by the Middle East’s top job site Bayt.com and … Read : Abu Dhabi voted ‘Best City’ in MENA region.

Metro to introduce six-coach trains by December

NEW DELHI – Catering to the manifold rise in ridership, the Delhi Metro Friday said it will introduce six-coach trains from December on two lines.

According to Raj Kumar, director of operations of Delhi Metro Rail Corporation (DMRC), the six-coach trains will be introduced on Line 3 (Dwarka Sector 21 to NOIDA City Centre) and … Read more »»».

Environmental clearance for industries goes online in Delhi

NEW DELHI – Taking a further step towards e-governance, the Delhi government Friday made its environmental clearance process for industries online.

The online system for grant of consent to industries by the Delhi Pollution Control Committee (DPCC), which becomes the first board in the country for providing such a facility, was inaugurated by Chief Minister … Read the original article on Gaea Times at : Environmental clearance for industries goes online in Delhi.

Two-laning of Tindivanam-Krishnagiri highway approved

NEW DELHI – A cabinet panel Friday approved the two-laning of the 178-km-long Tindivanam-Krishnagiri section of National Highway (NH)-66 in Tamil Nadu, at a cost of Rs.610.21 crore.

“The Cabinet Committee on Infrastructure (CCI) today (Friday) approved the implementation of the project of two laning with/without paved shoulders of 178.060 km long Tindivanam-Krishnagiri section … Read this article on Gaea Times at : Two-laning of Tindivanam-Krishnagiri highway approved.

Get ready to pay for mobile banking service from April 2011

NEW DELHI – Get ready to pay a fee for inter-bank transactions conducted through mobile phones from April 2011, as the National Payment Corporation of India (NPCI) intends to charge lenders Rs.0.25 per transaction from the next financial year.

“NPCI will be providing services to member banks free of charge till March 31, 2011. …. Source article  : Get ready to pay for mobile banking service from April 2011.

Jaguar launches XF sports-sedan’s diesel variant

NEW DELHI – Luxury automobile maker Jaguar Friday launched its XF sport sedan’s diesel variant priced at Rs.48.37 lakh (ex-showroom Delhi).

The launch comes after we received a huge response to our XF’s petrol version. We have received a pre-launch booking of 60 cars, said Rohit Suri, head – premier car division, Jaguar and Land …. Source article  : Jaguar launches XF sports-sedan’s diesel variant.

344 train accidents kill 204: Mamata

NEW DELHI – A total of 344 train accidents in the last three years killed 204 people and led to property loss of Rs.155.27 crore to the Indian Railways, Railway Minister Mamata Banerjee said Friday.

The total number of accidents caused by bomb blasts are 12, the minister said in a written reply to …. Source article  : 344 train accidents kill 204: Mamata.

Police thrash men in Metro women’s coaches

NEW DELHI/GURGAON – With repeated requests failing to keep men away from Delhi Metro coaches reserved for women, policemen and women decided there was only one way out: thrash the male offenders.

And so on Thursday, on two separate occasions in Gurgaon and New Delhi, several police and security personnel barged into the first coaches …. Source  : Gaea News Network.

The battle of sexes in Delhi Metro… part 1 (First Person)

Green Park Metro Station, New Delhi, Thursday: The Metro platform was unusually crowded considering the time of the day. I checked my watch again, 8.35 p.m. As I approached the crowd, I could smell trouble.

“This was bound to happen”, “They should do away with the ladies coach”, “All these problems started after reserving that … Read more : The battle of sexes in Delhi Metro… part 1 (First Person).

Women khadi weavers a huge draw at Delhi’s Trade Fair

NEW DELHI – Women weavers from Andhra Pradesh who are here to participate in the India International Trade Fair 2010 are a big draw.

They are demonstrating a step-by-step procedure of the fabric, starting from cleaning of cotton.

The workers are from Andhra Pradesh’s Ponduru district and …. Original article on Gaea Times at  : Women khadi weavers a huge draw at Delhi’s Trade Fair.