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Honda Cars India luring Indian buyers with Re 1 insurance scheme (National News)

The Indian arm of Honda Motor Company, the Japanese multinational automotive marque, has convened a new strategy to sustain its loyal clients by shelling out jaw dropping discounts and schemes. Honda Cars India luring Indian buyers with Re 1 insurance scheme   Honda Cars India is luring Indian car enthusiasts by doling out enticing insurance offers on both its entry-level and premium offerings in the car market. Indian buyers can now avail a Re 1 insurance plan on the purchase of Honda cars like the Brio hatchback and City, Civic and Accord saloons. Interestingly, the actual cost of the insurance schemes for the mentioned Honda cars fall in the range between Rs. 10,000 to Rs. 60,000. Further, the company has also devised new loyalty bonus schemes to retain its faithful customers. Accordingly, the Honda car owners, who are eyeing an upgrade from their current vehicle to another member of the same family, will be provided with a bonus concession along with the buy ba...

Lenovo launches ThinkPad X1 Carbon in India, priced at Rs 85,000

Lenovo's latest ultrabook,  ThinkPad X1 Carbon , is now in India priced at Rs 85,000.  The Chinese computer-maker  also said it plans to scale up its Think range of exclusive retail outlets to 30 in the domestic market. Lenovo shaved the 14-inch (35.5 centimeter)  laptop computer's weight to 1.3 kilograms  from 1.7 kilograms of last year's model and claims it to be the world's lightest business Ultrabook. According to the company, it would have up to eight hours of battery life and the startup time was reduced by as much as half to under 20 seconds. Lenovo Group acquired the ThinkPad brand with IBM Corp's personal computer unit in 2005.  "Currently, we have two  exclusive Think Business Stores  at Jaipur and Pune. We put up only Think products in these stores based on customer feedback. We now aim to put across 30 such stores," Lenovo India MD Amar Babu said. Babu, however, did not offer a timeline for the rollout of these stores. Besides, the ...

RBI comfortable with India's current bank liquidity, says Subir Gokarn (National News)

NEW DELHI: Reserve Bank today said the liquidity situation currently is comfortable and indicated that monetary policy action in the forthcoming mid-quarterly review next week would depend on latest developments in the money market. "For the last several weeks..., liquidity levels have been within our comfort zone... (but) we monitor this on a daily basis", Reserve Bank Deputy Governor  Subir Gokarn  told reporters on the sidelines of a function here. RBI, he added, would take note of emergence of "signs of stress, particularly if they are likely to be persistent. We will take that into account...we have for quite some time realised there was stress in the market both in terms of quantity of LAF (Liquidity Adjustment Facility) borrowings and in terms of the behaviour of the call rate which is the number we look at. There are no signs of stress at the moment". The central bank, in its mid-quarterly review of monetary policy to be announced on September 17,...

Cybercrime cost India USD 8 bn in last 12 months: Norton (National News)

New Delhi: More than 42 million people in India have fallen prey to cybercrime in the past 12 months, suffering about USD 8 billion in direct financial losses, estimates a report by security solutions firm Norton. The 'Norton Cybercrime Report 2012' found, based on experiences of more than 13,000 adults across 24 countries (including 1,000 from India), said direct costs associated with global consumer cybercrime are pegged at USD 110 billion over the past twelve months.  "In India, it is estimated that more than 42 million people fell victim to cybercrime in the past 12 months, suffering approximately USD 8 billion in direct financial losses," it said.  According to the report, 66 per cent of the Indian respondents (online adults) said they have been a victim of cybercrime in their lifetime. In the past 12 months, 56 per cent said they have experienced cybercrimes.  The average direct financial cost per victim of USD 192 has also gone up 18 per cent over 2011, w...

Ghaziabad rape: Minor's parents march in protest

Ghaziabad:  The parents of the 7-year-old girl, who was allegedly raped by her school bus driver and cleaner, took out a protest on Sunday seeking action against the principal of the school. The girl's parents and the families of other children who attend the school, gathered outside the school gate and attended the protest march which ended at Indirapuram police station. They raised slogans against the school management and threatened to continue with the protest on Monday if a case was not registered against the principal and the in-charge of the transport company which provided the bus to the school. SP City Shiv Shankar Yadav said probe in the case is being headed by the Circle Officer, Indirapuram. "Legal action would be initiated against anyone found guilty in the investigation," he said. A Class I girl student was allegedly raped by the driver and the conductor of the school bus over a period of nearly 15 days. On the complaint lodged by the girl...

काला पत्थर से मंगलबाजार चौक तक अवैध कब्जा

इंदिरापुरम में काला पत्थर से मंगल बाजार चौक तक अतिक्रमण से निजात नहीं मिल पा रही है। कुछ दिन पहले ही जीडीए की टीम ने यहां पर बड़े पैमाने पर अतिक्रमण हटाने की कार्रवाई की थी, मगर कुछ दिन बाद यहां दुकानदारों ने फिर से उसी तरह से अतिक्रमण कर लिया है। अतिक्रमण रोकने के लिए जीडीए की ओर से रेलिंग लगाने का प्रपोजल भेजा गया है। अप्रूवल नहीं मिलने से काला पत्थर से मंगल बाजार चौक तक रेलिंग का काम शुरू नहीं हो पाया है।  जीडीए के ओएसडी डी. पी. सिंह की देखरेख में अतिक्रमण हटाया गया था। अब फिर से दुकानदारों ने उसी तरह से सड़क पर अपने सामान फैलाना शुरू कर दिया है। काला पत्थर से मंगल बाजार चौक तक कई दर्जन दुकानदार गाडि़यों की रिपेयरिंग करते हैं। वे सड़कों पर ही अपने सामान फैलाकर रख देते हैं जिससे सड़क की एक लेन पर उनका कब्जा हो जाता है। दूसरी लेन पर बाइक और कारें पार्क कर चले जाते हैं। इससे अन्य वाहन चालकों और पैदल चलने वालों को परेशानी होती है। फुटपाथ पर कब्जा रहने से पैदल चलने वालों को सबसे ज्यादा समस्या होती है। 

GDA’ s ambitious project to reduce woes of Delhi-Ghaziabad commuters

Delhi-Ghaziabad route to be decongested Ghaziabad:  The Ghaziabad Development Authority (GDA), in its 130th board meeting Monday, approved an elevated road project to shorten the distance between Delhi and Ghaziabad, officials said. The ambitious project concerns building an elevated road from UP gate (on the National Highway 24) to the Northern peripheral Expressway passing through the Hindon-cut canal in the Vaishali, Vasundhara and Raj Nagar Extension areas in Ghaziabad. "The project would cost between Rs.750 to 800 crore but would sharply cut the distance between Delhi and Ghaziabad," said Satosh Yadav, chairman-cum-vice chairman of the authority.At present, the UP gate is over 30 km from the zero point of Northern Expressway but after the construction of the proposed elevated road, the distance would be shortened to 18 km and that too hassle-free without any red light and crossing. It would hardly take 10 minutes from the city to UP gate which would be nearer...