Thursday, 17 October 2013

NEWS WRAP - OCTOBER 17, 2013

  • Air India has hedged 10,000 barrels of jet fuel for its aircraft.
  • GSM mobile companies added 44 lakh new customers in September.
  • PepsiCo reported higher quarterly earning and said it was on track to meet its financial goals for the year, despite global economic pressures.
  • Apple cuts orders of iPhone 5C as consumers prefer 5S.
  • Switzerland to share bank account and other details with foreign countries, including India, even without prior intimation to concerned persons.
  • Tata opens 'Star Daily' outlet in Pune, makes use of UK firm Tesco’s retail expertise and back-end support.
  • The Railways wants the FDI proposal being worked out by the Department of Industrial Policy and Promotion (DIPP). 
Source: Economic Times

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