Head of Intel's largest business unit joins data storage company EMCSeptember 14th, 2009 Head of Intel's largest business unit joins EMCSANTA CLARA, Calif. — Intel Corp.
Delhi Metro coach derails, junior engineer suspended (Second Lead)September 13th, 2009 NEW DELHI - A coach of the Delhi Metro derailed near the Yamuna Bank station in east Delhi Sunday morning, disrupting train services temporarily, an official said. While no injuries were reported, a junior engineer has been suspended.
Delhi Metro coach derails, none hurtSeptember 12th, 2009 NEW DELHI - A coach of the Delhi Metro derailed near the Yamuna Bank station in east Delhi Sunday morning, leading to temporary disruption of train services, an official said. No injuries were reported.
China's BAIC joins Koenigsegg in takeover of GM's Saab unitSeptember 9th, 2009 China's BAIC joins Koenigsegg in Saab takeoverSTOCKHOLM — China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General Motors Corp. Koenigsegg says in a statement Wednesday that the Chinese automaker has signed a memorandum of understanding to become "a non-controlling minority shareholder in Koenigsegg Group."
Koenigsegg has been looking for additional financing to complete its takeover of Saab.
Congress MP apologises for slapping bank managerJuly 2nd, 2009 NEW DELHI - Congress MP Manda Jagannatham Thursday issued an "unconditional apology" to the bank manager he was seen slapping hard on TV but said "the truth would come later". "I have no personal grudge against Ravinder Reddy, the rural bank manager.
Moily condemns slapping of bank manger by Congress MPJuly 1st, 2009 NEW DELHI - Union Law Minister M Veerappa Moily has condemned the slapping of a bank manager by the Congress MP M Jagannath, and said it is unfortunate and no MP should indulge in such kind of act. M Jagannath representing Nagarkurnool constituency of Andhra Pradesh in Lok Sabha, caught on camera slapping the manager of rural bank in Uppunu-tala in the limits of his constituency.
The 'smarty pants' bank customer who stole cell phone but forgot his cash!June 15th, 2009 NEW DELHI - A bank customer may have become the butt of everyone's jokes after he stole someone's cell phone resting on the counter, but left without taking his 1,462 dollars with him. The cell phone owner informed the police, and the mugger was later identified as a certain Liu.
Robbers loot Rs.600,000 from Ghaziabad bankMay 22nd, 2009 GHAZIABAD - Two armed robbers looted Rs.600,000 (Rs.6 lakh) from a bank here Friday afternoon, police said. According to the police, robbers barged into a Syndicate Bank branch in sector-3 of Vaishali, close to the border with the national capital, at 3 p.m.
After crash, Mass. transit chief to ban train and bus operators from bringing cells on boardMay 9th, 2009 After crash, MA transit GM seeks operator cell banBOSTON — The head of the Boston-area transit authority says he'll ban all operators of trains and buses from even carrying a cell phone on board. That's after a conductor told police he was texting at the time of a trolley collison Friday.
Police: Pregnant woman tries to rob NC bank, but leaves after getting call on cell phoneApril 22nd, 2009 Cops: Pregnant woman tries to rob bank, gets callFAYETTEVILLE, N.C. — Police are looking for a pregnant woman they say tried to rob a North Carolina bank at gunpoint but left empty-handed after answering her cell phone.
UBS to cut 8,700 jobs after announcing more lossesApril 15th, 2009 ZURICH - The Swiss banking giant UBS Wednesday said it will take a first quarter loss of almost 2 billion Swiss francs ($1.7 billion) and will cut 8,700 jobs worldwide by 2010. Most of the new losses were in further writedowns and cash outflows in its wealth management divisions.
CBI arrests three more Satyam employeesApril 6th, 2009 HYDERABAD - The Central Bureau of Investigation (CBI) arrested three more Satyam Computer Services employees on Monday in connection with the multi-billion fraud committed by the IT major. "We arrested three employees last night who designed the mechanism for the fraud.
Allahabad Bank joins hands with Suzuki MotorcycleFebruary 15th, 2009 KOLKATA - City-based public sector lender Allahabad Bank Monday signed an agreement with two-wheeler maker Suzuki Motorcycle India for financing of Suzuki two-wheelers under 'AllBank Mobike' scheme. Under the scheme, the bank will provide loans to two-wheeler buyers at discounted rates, Allahabad Bank chairman and managing director K.R.
CBI arrests bank manager for accepting bribeJanuary 28th, 2009 NEW DELHI - The Central Bureau of Investigation Thursday arrested a branch manager of a bank here for accepting a bribe of Rs.150,000, an official statement said. 'The accused, Rajender Gupta, branch manager of Bank of Baroda at Janakpuri district centre here, demanded an illegal gratification of Rs 250,000 from the complainant, a civil contractor,' the statement said.
Accountant dupes bank of Rs.870,000January 13th, 2009 CHANDIGARH - An accountant of Union Bank of India has allegedly robbed his organisation of Rs.870,000 during his stint at two Chandigarh branches of the bank in 2004, a police officer said Wednesday. A case of cheating was registered against the accused, H.K.