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Adidas demands criminal investigations against irregularities in Reebok India
German sports clothing manufacturing giant Adidas, has filed a criminal complaint with the authorities. The complaint has been filed to bring in the formal charges in the commercial irregularities uncovered at Reebok India.
Adidas has asked...
RIM to open 15 BlackBerry Premium stores in India this year
Smartphone manufacturing giant Research In Motion (RIM), is all set to launch 15 BlackBerry Premium stores across India by the end of this year. The move will be taken by the smartphone maker so as to expand its presence in the market.
On May...
Softbank and eBay to join hands for online billing
Japan based telecommunication and internet corporation, Softbank and internet auction giant eBay on May 9, 2012 said they were joining hands. The two companies will come together to bring the US firm’s PayPal system to Japan for the first...
Jet Airways to introduce new flight on Mumbai-Dubai route
Indian based private airlines Jet Airways, has on May 11, 2012 announced that it has planned to introduce new flight service on the Mumbai-Dubai sector. The new service is expected to be launched on May 19, 2012.
The new service will be introduced...
Dunkin Donuts enters Indian market, with first store in Delhi
In some good news for the foodies in India, US based foods chain Dunkin Donuts has now put its step in the country. It has launched its first store in Delhi on May 8, 2012 just a few months before Starbucks arrives in the country.
This year...
Mahindra and Mahindra suffers losses of 250 car units due to fire
Fire broke out at one of the car manufacturing facilities of Mahindra & Mahindra at Nashik on may 9, 2012. The fire, which has now been brought under control, caused a major loss of about 250 vehicles.
M&M in a filing to the BSE, “The...
Ten Air India pilots sacked by management
Despite the warning, National carrier Air India on May 8, 2012 sacked ten pilots on strike. The airline also de-recognised its union and sealed its offices after 160 of them failed to join duty.
Due to the protests of the pilots, five international...
Telecom companies with cancelled licenses to shut operations on June 2?
Asia Bizz: After the Indian Supreme Court cancelled the licenses of some mobile phone companies, certain reports allege that telecom companies might have to suspend their operations in the Asian nation from June 2, 2012. The operations might...
