Social News XYZ     

March 2016



Wipro hires PayPal Holdings executive as director

Bengaluru, March 30 (IANS) Software major Wipro Ltd. on Wednesday announced appointing Paypal Holdings executive Patrick Dupuis as an independent director from April 1. “Dupuis will serve as an independent director on the board. He…



Abhey Oswal: An aggressive business tycoon

Coming from a Ludhiana-based family known for its woollens business, Abhey Oswal — who died in Moscow on Tuesday night — was an aggressive businessman adept at acquisitions and venturing into new areas, besides being…




Reserve bank revises ECB framework

Kolkata, March 30 (IANS) Considering the critical need for long-term funding of infrastructure sector in the country, the Reserve Bank of India (RBI) has revised the overseas borrowings or external commercial borrowings (ECBs) framework to…










SBI confirms Kingfisher offer to pay up

Mumbai/New Delhi, March 30 (IANS) The State Bank of India (SBI)-led consortium of banks on Wednesday confirmed an offer to settle dues from defunct Kingfisher Airlines Ltd. “The bank along with other consortium members will…


Foreign equity will propel e-commerce retailing

New Delhi, March 30 (IANS) The e-commerce sector in India is poised for multi-fold growth, with the government allowing 100 percent foreign equity in e-retail, trade and industry experts said on Wednesday. “Allowing 100 percent…