Hilton opens new hotel in Delhi

A true American innovator – Steve Jobs (1955-2011)
In today’s tough economic conditions, if any company can churn out more and more revenues, quarter after quarter, it must be Apple! Whether global stock markets go up or down due to the sub-prime or Euorzone debt crisis, Apple continues to improve its market valuations. New product innovation which is difficult to replicate has been the real winner for the Apple. And the credit for all this goes to only and only Steve Jobs!

His life story has inspired countless individuals and organization. A spirit of true American legendary innovator which is really hard to find in these days of ‘copy-pa

Denmark to tax foods that are high in saturated fat
Denmark has imposed a tax on foods that contains more than 2.3 percent saturated fat. The fat tax is levied at 16 Danish kroner ($ 2.87) per kilo of saturated fat. The cost of butter, cream, cheese, meat, cooking oil and processed foods like pizza and dark chocolate are set to go up proportionately. According to the tax ministry’s calculations, a 250g package of butter will wind up costing 14.1 percent more, while the price of a litre of olive oil will rise 7.1 percent. The price of butter will rise by 14 percent, whereas the price of margarine will rise by 21 percent, and whipped cream will b

Paris begins trial of electric cars on sharing basis
Paris has started two month long trials small electric cars that is available for hire in a car-sharing scheme. The plan is called “Autolib'” and hopes to herald a new era in transportation.
The four-seat car is a electrically driven with a top speed of 130km/h (80mph) and can travel 250 km on a single charge. It is available on yearly subscriptions and costs 144 Euros. A daily and weekly subscription costs 10 and 15 Euros respectively. Additionally, every half-hour of driving costs five Euros. Autolib' parent company, Bolloré Group, hopes run 3,000 cars by next summer.

CNG can save up to Rs. 8,000 in a month: ASSOCHAM
Due to steep rise in petrol prices, the demand for Compressed Natural Gas (CNG) has gone up from 20 to 25% a year in the Delhi region which is likely to save Rs. 6,000 to 8,000 in a month if a driver shifts from petrol to CNG, revealed the ASSOCHAM assessment.

The reasons for increasing demand of CNG are both price and efficiency. Apart from being a cleaner fuel, CNG is more economical than petrol and diesel. Running cost of vehicles reduces by up to 75% in comparison to petrol and 30% compared with the diesel.

A paper brought by The Associated Chambers of Commerce and Industry of India

Zara benefits from global expansion, profits rise
One of the worlds largest clothe retailers Inditex has reported 12 percent increase in sales in the first half of the year. The net sales rise stood at 6,209 million euros in the first half of 2011. Inditex is owner of Zara brand. The other brands include &Bear, Massimo Dutti, Bershka, Stradivarius, Oysho and Uterqüe. The net income for the period was 717 million euros, up 14 percent.

The Group opened 177 stores in 35 countries during the first six months of the year, bringing the total across its 78 markets to 5,221. The Group continues to see growth opportunities around the

Bosch Siemens launch home appliances in India
The home appliances leader in Europe Bosch und Siemens Hausgeräte GmbH launched of the Bosch range of home appliances in India. The initial launch includes a range of washing machines, dryers and dishwashers. On occasion of the launch, Marc Hantscher, MD & CEO, BSH India said, "Bosch home appliances will be available across India by mid-2012." Hantscher also confirmed the allotment of land by Tamilnadu government for the construction of Bosch factory in India, "We can confirm that we have been allotted land by the Tamilnadu government for setting up a factory and once setup, the facility will