Archive for May, 2009

Realtors plan lock-in clauses to weed out speculators

Friday, May 29th, 2009

Stung by recent experiences, many real estate companies such as Tata Housing, Omaxe, DLF and others are planning to impose lock-in periods of up to one year for their mass housing projects. A lock-in clause means buyers cannot sell their properties within a certain period after booking the property or have ...

Bharti Wal-Mart Delays Opening India Store

Wednesday, May 27th, 2009

Bharti Wal-Mart Pvt. Ltd., a retail joint venture between India's Bharti Enterprises Ltd. and U.S.-based Wal-Mart Stores Inc., said Monday it has delayed the launch of its first wholesale retail store in the northern Indian city of Amritsar due to violence there. "Due to the suspension of commercial activity in Amritsar, ...

Rao Travels guiding your tours- Part 3

Monday, May 18th, 2009

With the onset of summer vacations, you must have started browsing for various tour options. Confused? Then don’t risk your priced travel, just contact Rao Travels. It is a one stop shop for all your traveling queries. Rao Travels is an unprecedented travel agency which caters to the clients’ needs. ...

Rao Travels guiding your tours- Part 2

Monday, May 11th, 2009

Each individual has different choice, so according to the convenience of the clients, Rao Travels mould their packages. The travel agency offers a wide range of travel packages. The several tour options are segregated on the basis of days or city tours. As I promised in the previous write-up, to come ...

Guiding your tours – Rao Travels – Part I

Wednesday, May 6th, 2009

Traveling is the best way to unwind from the hustle-bustle of the strenuous life. Planning your trip is the biggest problem. From booking hotels to hiring transport, everything seems to be in a mess. The tour operators help you manage your finances judiciously and plan your trip. But, there are ...

European recession deeper, longer than expected

Monday, May 4th, 2009

Europe will suffer a deeper and longer recession than previously thought, the European Commission warned on Monday, forecasting that both the EU and eurozone economies would contract 4.0 per cent in 2009. The estimate marked a dramatic downgrade of the European economic outlook after the European Union's executive arm forecast in ...

Indian manufacturers eye US, Europe for electric vehicles

Friday, May 1st, 2009

Bangalore-based Reva Electric Car Company (RECC), two-wheeler maker Bajaj Auto and Tata Motors are finalising plans to launch electric vehicles in Europe and the US to take advantage of subsidies these countries are offering as part of their environmental agendas. Tata Motors will launch the electric version of the Indica Vista ...