150 million internet users
According to a report by the Internet and Mobile Association of India and IMRB, by the end of this year, the Indian internet subscriber base is expected to reac 150 million. This is a growth of 16 percent over the last year’s internet subscriber base, so there will be around 105 million urban users and 45 million rural users.
SBI to cut FD interest rates
There will be a cut of upto 1 percent in the fixed deposit interest rates of the State Bank of India.
Now, hassle free process for US Visa
A hassle-free process of U.S. visas is in the offing for Indians, with the U.S. embassy on Wednesday announcing a newy system that simplifies fee payment and appointment schedules.
ICICI moving out for facebook route
In a bid to expand its internet banking services, the ICICI Bank is exploring new options to launch its services from social media platform Facebook. ICICI is one of the first banks in India to have presence on Facebook, and is now aiming to expand its services using the social media platform.
Mercedes to expand operations in India
Mercedes Benz, the German luxury car manufacturer is all set to increase its investment in the domestic operations in India to Rs.850 crore, by 2014. The company will be assembling more of its models in its Chakan plant (Pune), as informed by the Mercedez-Benz India Managing Director and CEO Peter T.Honegg.