Sir Philip Green to carry out an external review of spending cuts of the coalition government
The owner of the high street chain, billionaire Sir Philip Green has been selected by the government to conduct an external review of the cuts to the public spending.
Telstra must have to find some way to get rid of financial crisis
The economic crisis still continues for Australia as some of its big brands have failed to rise up their stock price in a regular manner.
As per the report, the country's largest telecom company Telstra is continuously failing to secure its funds for the growth of the economy.
Economy of Greece fell down by 1.5% again
According to the statistic agency of Greece, the economy of the country has seen a further 1.5% fall in the second quarter of this year. This fall has resulted 0.8% fall in the GDP compared to the first quarter of the year, which shows that the fall in the Greek economy is speeding up.
Telstra to Sell Chinese Website to Funds If IPO Fails
Telstra Corp., Australia's largest phone company, has decided to sell the majority of its stake in a real estate website in China to private equity funds lest a failure on its part to complete an initial public offer of the company occurs.
Besides the two shareholders of the website SouFun Holdings Ltd., the General Atlantic LLC and Apax Partners LLP will also buy the stake offer which is worth $810 million.
Suzuki may pay royalty to Maruti soon
Mandatory emission for automotives coming soon
Under a major announcement made by the government in the Capital, it recently said that a mandatory fuel efficiency standard for auto makers will be brought soon in order to promote environment friendly technologies in the country.
As per the Environment and Forest Minister of State (Independent Charges) Jairam Ramesh, a conclusion will be arrived upon in a very short time. Moreover, the minister also said that it will be under Motor Vehicles Act or Energy Conservation Act, this will come in.
Alto K10: highly fuel efficient
For those who though that a bigger engine would mean a lower fuel efficiency, the new Alto launched by Maruti Suzuki surely comes as a surprise.
Apart from offering bold looks to the Indian consumer, the new K-series engine is ready to offer ever more to entry level buyers in terms of performance and fuel efficiency. One cannot show its back to the fact that the k-Series technology has been a success worldwide for Suzuki and the technology is doing similar wonders in the Indian market as well.
Maruti launches five CNG models
Flame to make a comeback
NALCO doubles first quarter net profit
Figures show huge leap in UK output
Britain’s economy grows at a faster rate than earlier predictions. Revised figures from the Office for National Statistics (ONS) revealed the strongest jump in output from the UK construction sector since the second quarter of 1963.
More should be done to stop repossession
Council of Mortgage Lenders (CML) reported that the number of home repossessions has fallen again, from 9,800 cases in the first quarter of the financial year to 9,400 in the second quarter.
Barclays’ defend their refusal to accept targets
Barclay’s refusal to accept targets for lending to small business has not gone well with the Scottish head of Federation of Small Businesses.
Government has set targets for banks which it owns a stake in regarding lending to small businesses. And it soon plans to extend this target to all banks as they have seen satisfactory results.
PAYE error woes trouble HMRC
HM Revenue and Customs are facing criticism for increasing errors in tax collection. It has collected £238m extra as a result of PAYE errors.
A spokesman for HMRC has admitted that some amount of over-charging has been their fault, but most of the errors are by the taxpayers. He went on to give various reason where tax-payers could have erred.
More and More U.S. Youngsters Taking to Botox Treatment
Shots of Botox, which is a muscle-relaxing toxin utilized to relax revealing signs of ageing in adults, is becoming a rage amongst the teenagers. It has been reported that in order to improve their looks, youngsters 18 and below are taking to Botox treatment.
