BoR’s promoter asks for fairer valuation

Pravin Kumar TayalJust a day before the board meeting of Bank of Rajasthan and ICICI Bank, PK tayal has said that the bank needs to have better valuation.

The board members were supposed to meet for deciding the swap-ratio of the two entities.

Tayal said that the valuation of BoR that has been done by ICICI is not fair and that before anything else is decided they want the offer price to be increased.

Tayal said to the media persons that ICICI Bank has got a very good option. This is one of the best possible deals that they could have got and he wants a minimum swap ratio of 1:3.

Chrysler to hire 1,000 workers

Chrysler-GroupChrysler Group LLC has announced that it is going to take in 1,100 new workers at its plant in Detroit.

The automaker said that the decision was taken after the plant was set up for starting production. The plant will be manufacturing Grand Cherokee, a Jeep model of the company.

This model, Chrysler expects will be helping it to gain back the market share that it has lost over the years.

Tata announces free inspection of Nano

Tata announces free inspection of NanoIndian automobile major, Tata Motors said on Saturday that from Monday all the owners of Tata Nano will be contacted for free inspection of their cars.

This practice will go on for a few weeks and the owners will not have to spend a penny for getting their cars checked.

The study is part of the comprehensive investigations that are being done by Tata. The exercise was started when some of the Tata Nanos caught fire earlier during this year.

Volkswagen blueprint of new sedan

Volkswagen-Sedan-BlueprintVolkswagen releases the first blueprint of its new sedan.

The sketches hint upon the fact that claims that it will be the latest sedan which is all set to hit the Indian roads sooner this year.

Also in addition to this, company officials claim that the car has been specially planned for India and will soon be manufactured at the Volkswagen's plant in Chakan, Pune.

This car is soon to hit the company's portfolio and aims to compete with the hottest segments in the Indian car market.

Wipro plans to expand in Kerala

Wipro plans to expand in KeralaWipro Chairman Azim Premji has said that he is interested in expanding the company in Kerala, especially Kochi. This statement comes ahead of the Karnataka Investors' summit that is going to take place this month.

It is important since the investor summit is just one of the very few which are done on an international scale. And with that, Premji's plans hold even more worth since he is trying to tap a relatively untapped potential.

Get to work on a happy marriage

Get to work on a happy marriageAs we all know marriages are made in heaven, but we must realize that these are maintained in earth. If we will not do the necessary things at right time then definitely the marital relation will be broken.

A new segment of study conducted by London School of Economics shows that housework can be a big factor in success of a marriage.

A study says that conservative wives and mothers are just the way for a family to flourish. 3,500 married British couples participated in the study.

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