State Bank of India (Sbi) India’s leading bank has launched a new service by which its customer can register complaint via sms. To register a complaint a user need to send following sms from his mobile phone. He has to type ‘UNHAPPY’ and send it to the mobile number 8008202020. After sending the sms customer will get a phone/sms reply back so that he can give feedback regarding any service of Sbi... Read More

After appointing Salman Khan for Mountain Dew food and beverage company Pepsico has appointed Sharman Joshi for 7up. Sharman Joshi made his debut with a little known movie “Style” and then giving some strong performances in Metro, Rang De Basanti and 3 Idiots has become a bollywood celebrity. “Gussa hatao chill machao” has been the tag line of the new campaign set to be visible on television, followed by outdoor, online and on ground activities. PepsiCo India Category Marketing Director (Flavoured Carbonated Drinks) Alpana Titus said “We have chosen Sharman Joshi to endorse the brand as his personality is a perfect match to highlight the brand’s positioning of a cool and refreshing drink,” It looks like Pepsico is all set to capture the market this year giving its competitor a lot to think... Read More

Britain’s FTSE 100 rose 1.2 percent to 5,787.34. Germany’s DAX was up 2.3 percent to 6,814.44 and France’s CAC-40 rose by 1.8 percent to 6,814.87, buoyed by news over the weekend that Japan was making progress in its battle to control radiation leaks at a nuclear complex that was severely damaged in the country’s worst-ever earthquake. Oil prices soared to $103 per dollars, after the the situation in Libya got worse with Qadhafi promising a long war. The markets in Asia also did fine. Japan’s Nikkie index was closed for a public holiday. Even though news from People’s Bank of China will raise the bank reserve requirement ratio by half a percentage point on March 25 Hong Kong’s Hang Seng rose to 22,685.22, up by almost 1.7% . The hike, the third this year and intended to cool lending and inflation, did not rattle markets. Chinese property stocks listed in Hong Kong rose strongly, including China Overseas Land & Investment Ltd., up 3.8 percent, and China... Read More

Citibank India has launched a new card called citibank reward card which is a visa platinum card. earlier citibank was offering citibank cash reward card which is now closed for new users. This new credit card has reduced value of reward point however more beneficial if most of your shopping is in departmental store where card offers 10times reward points. Citibank Reward Credit Card India Card Type: Visa Platinum Joining fees: Nil Renewal Fees: Rs.999(waived off if annual spend is more than Rs.30,000 in previous year) Rewards Program: 10 points for every Rs.125 spent at departmental stores 1 point for Rs.125 spend else anywhere 500 bonus points on users birthday 300 bonus point on subscribing to email statements 500 bonus point for every addon card availed 1000 bonus point on renewal There is full catalog for diff options by which points can be redeemed. Points can redeemed at online, stores with citibank Edc and by calling citiphone. Each point is worth 35paisa or (0.75... Read More

Tata motors one of the biggest brands in the India has revealed that it plans to increase the prices of its passenger cars. The only exception would be Nano. The price increase is as follows. Indica – Rs. 7,000-Rs. 9,000 Vista and Indigo CS – Rs. 8,000-Rs. 11,000 Manza – Rs. 10,000- Rs. 15,000. Sumo – Rs. 13,000- Rs. 15,000 Grande – Rs. 16,000- Rs. 19,000 Safari – Rs. 18,000- Rs. 29,000, Aria – Rs. 30,000- Rs. 36,000 Venture – Rs. 9,000-Rs.... Read More

After AIR INDIA and INDIAN MERGER since 2007 the airline has amassed a Rs. 13,300 cr loss. The problems for the just dont seem to get over. The airline has previously tried to change the financial health but has not had much success yet. Arvind Jhadav CMD, Air India now says the company’s restructuring is on track again with a final turnaround plan in place. “We have an official turnaround in place, with assessments from the RBI and banks. This turnaround plan actually means 25 per cent of the work is done,” The plan is revised and vetted by Delloitte and SBI Caps. The management is planning to have a meeting soon to discuss matters with consortium of banks to minimize the interest rates. Well lets hope that Air India does end winding up operations. The airline is also receiving funds from the government to turnaround its loss making. Air India has lost its number 1 ranking and Indigo has been the benefiting from it.... Read More