Now, Send Money Using Only Mobile Number.

  11:22    

Garima Vaish (Editor DERIK TIMES) ICICI Bank on Wednesday launched a facility under which an account holder can transfer money to a mobile phone user in the country even without the latter having an account with any lender. A customer having a savings account with ICICI bank can initiate a fund transfer using online banking by providing only the mobile number and address of the beneficiary,...

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The weekend special of Spice jet.

  11:21    

 Garima Vaish (Editor DERIK TIMES) Have you noticed anything different while flying SpiceJet over the weekend? If no, then a closer look at the cabin crew would make you realise they are not in their usual uniforms. The SpiceJet cabin crew has a weekend uniform, the only Indian carrier to have separate attire for weekends. While the female crew wear colourful kurtis and jeans, the male cabin...

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ITC’s Diversification to dairy sector.

  11:19    

Monika Prakash  (Editor DERIK TIMES) ITC plans to become a Pan Indian dairy entity and is going to set up plants across six states –Bihar, UP, Punjab, Maharashtra, Arunachal Pradesh and Telangana. The company’s entry into dairy business is expected to make it 3rd biggest private player in the space after Nestle & Britannia. The company’s turnover from its non-fast-moving consumer food...

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JSW Steel to buy Welspun Maxsteel for over Rs 1,000 crore.

  11:19    

   Monika Prakash   (Editor DERIK TIMES)  JSW Steel, the country's third largest steel maker, has entered into an agreement to acquire sponge iron maker Welspun Maxsteel in a deal worth over Rs 1,000 crore. Under the JSW Steel-Welspun Maxsteel deal, the steel maker will take over the debt of Welspun Maxsteel. Welspun Maxsteel has a debt of Rs 1,030 crore on...

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China’s Factory Output Growth hits its lowest in last Six year.

  11:17    

 Neeraj Bhanot     (Editor DERIK TIMES) China's factory output grew at the lowest pace in nearly six years in August while growth in retail sales and investment also decreased. Industrial output rose 6.9 per cent in August from a year earlier - the lowest since December 2008 when the economy was suffering due to the global financial crisis, compared with expectations for...

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FDI Inflows Increased to $350 Crores in July

  11:16    

 Neeraj Bhanot  (Editor DERIK TIMES) Foreign direct investment (FDI) flows into India increased to $350 Crores  in July, In July 2013, the country had received FDI worth $165 Crores . During April-July this fiscal year, foreign inflows grew 52 per cent to $1073 Crores as compared to $705 Crores in the same period last year. Amongst the top 10 sectors, telecommunications received...

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Affair of Gold Gets Intense: Peru and India.

  11:15    

D. Nikhil (Editor DERIK TIMES) World’s sixth largest producer of gold and a mineral rich country: Peru is eyeing on the world’s largest gold importer by weighing upon the FTA (Free Trade Agreement). Currently India is importing only 0.6% of its total gold import from Peru which increased slightly more than previous year. Peru got three Indian investors who are investing in their gold mines....

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