Editor's Desk

Aurionpro bags 6th position among India’s Fast 50

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Aurionpro Solutions has bagged the sixth position in the list of India’s Fast 50 and 74th position in Asia Pacific under the Deloitte Technology Fast 500 Asia Pacific program conducted by the Deloitte Touche Tohmatsus Global Technology, Media and Telecommunications Industry Group. The group recognizes those technology companies that have received the fastest rates of … Read more Aurionpro bags 6th position among India’s Fast 50

RIL to halt gasoline sales to Iran ?

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The Mukesh Ambani-led Reliance Industries (RIL), bowing to US pressure, has decided to halt gasoline supplies to Iran after completing its ongoing contract. However, RIL officials refused to comment on the development, according to a media report. This decision to halt supplies to Iran follows a letter written by eight US Congressmen to that country’s … Read more RIL to halt gasoline sales to Iran ?

Insurance Panel suggests uniform method for ULIP charges

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An insurance industry panel, a five member sub-committee of actuaries, has embarked a uniform method for calculating the fee structure of unit-linked insurance plans (ULIPS), but left it to individual companies to fix the exact amount to be charged. The committee has defined six specific charges and no company can levy charges in excess of … Read more Insurance Panel suggests uniform method for ULIP charges

BSEL exits B W Highway Star Hotel project

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BSEL Infrastructure Realty has made exit from B W Highway Star Hotel project at Balewadi, Pune. The company had approximately 17% shares of the B W Highway Star – a SPV incorporated in joint venture for the project with Unity Infraprojects and Kamat Hotel (India), Clearwater Capital, Cyprus The company has sold 1,058,824 Shares of … Read more BSEL exits B W Highway Star Hotel project