BW Online Bureau

Latest Articles By BW Online Bureau

Smooth Journey, So Far

BW Online Bureau

The seed of the redBus idea was sown on Diwali, four years ago, when Phanindra (Phani) Sama, then a techie at Texas Instruments, desperate to buy a bus ticket to his hometown Hyderabad from Bangalore was turned down by every bus agent. Sama figured there was an immediate and glaring need to provide consumers the convenience of booking a ticket on the internet. The objective was two-fold — to ensure that bus travellers do not have to leave the confines of their comforts to book and get tickets when they need them the most.

New York Times Sees...

BW Online Bureau

Economy

The New York Times Co will cut 530 jobs and take a charge of up to $53 million for closing its City & Suburban unit, which distributes the company's namesake newspaper in the New York City area.

Daring To Dream

BW Online Bureau

Banking & Finance

Gautam Adani is aggressively increasing his already large empire and has the tacit support of the Gujarati media (Pic by Subhabrata Das)

Indian Corporates...

BW Online Bureau

Economy

Business and Industry leaders KV Kamath, Rajeev Chandrasekhar, Sajjan Jindal and Rajkumar Dhoot come out after a meeting with the Prime Minister to discuss the global meltdown. (PTI)

Repercussions...

BW Online Bureau

Economy

British Prime Minister Gordon Brown said on Saturday the global financial crisis had raised questions about the relationship between government and markets. "I admire the market's ability to release the dynamism and enterprise of people and so this new Labour Government is pro-business and pro-markets and always will be," he wrote in the Daily Telegraph newspaper. Brown has won international plaudits and a boost to his low standing among voters by injecting billions of pounds of taxpayers' cash into Britain's banking system to try to turn the tide of the financial crisis.

Paytm Ties Up With ITC’s YiPPee! Noodles In Rs 250-crore Deal

BW Online Bureau

After Hours

Paytm, India’s largest mobile commerce platform, has tied up with ITC’s YiPPee! Noodles in a deal worth Rs 250 crore to launch ‘YiPPee! to Rupee’ campaign.

Rupee Plunges To Historic Low Of 65.72

BW Online Bureau

Economy India

The rupee tumbled to an all-time intra-day low of 65.72 per dollar on heavy month-end demand of the US currency from importers and banks amid sharp fall in the local equity market.

What’s In A Number?

BW Online Bureau

Economy India

In Gurgaon, Mary Karkatia has a problem. She cannot prove she exists — legally. Mary does not have a birth certificate, a passport, a voter ID card, a PAN card or any other government document. She was born in an obscure village near Ranchi and her birth was never registered. Most of her family are now dead. Working as a domestic help, Mary has accumulated more than Rs 2 lakh in savings with her employer. But she cannot open a bank account because she has no documentation that can meet a bank's KYC (know-your-customer) norms.