Google's very first employee, Craig Silverstein is leaving the company to join an online learning organisation called the Kahn Academy.

The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, on Friday predicted a dip in industrial production in the third quarter.

India's Rural Electrification Corp is choosing to take on currency exposure of around US$28m a year to save some 170bp on the coupon rate on a rupee bond. The state-run utility has issued a mandate

Ratnakar Bank, a private sector bank with a strong regional footprint is delighted to announce the appointment of Mr. Joginder Singh Rana as Chief Operations Officer (COO). After a 22 year successful stint at Citibank, Joginder will join Ratnakar Bank in early February and will be based in the Mumbai office. He will be responsible for the Bank’s Operations & Administration functions and will also spearhead the Bank’s Operational Risk and Compliance framework. Joginder is a seasoned banker and has held senior leadership roles both in Citibank India and overseas.

Semler Research Center (SRC), a leading Indo-US based CRO has been conferred with ‘Emerging Company of the Year’ award at the recently held Bio INDIA BIO 2012 event under Bioservices category. The award was presented by V Ramaswamy, Secretary, Dept of Science and Technology, Govt of India .

The Multi Commodity Exchange (MCX), India's country's biggest commodity bourse by turnover, plans to launch an initial public offering on February 21 to raise up to $125 million, two sources with

A benchmark index for Indian equities markets Friday closed 82 points lower as traders booked profits after data showed industrial output grew at a slow 1.8 percent in December.

Mukesh Ambani-led Reliance Industries Friday said its subsidiary, Reliance Holding USA, has issued bonds worth $1 billion to be used as capital expenditure.

Ladies in India are in for a wonderful new experience. After the great success of the “beauty box” in many countries, RITZBOX is bringing the beauty box concept to India. RITZBOX is an online subscription service which delivers 4 to 5 high-end beauty samples to the customers’ doors each month. The products are packaged in a beautiful pink box along with a beauty newsletter and the samples are customized to the consumer’s beauty profile. Consumers try these high-end products in the comfort of their own homes. The website will have videos by beauty experts showing how to use the products. The beauty expert will interact with users via Twitter, Facebook and a blog on their website. After the trial, users give feedback on the products which is provided to the brands. The consumer earns loyalty points by providing feedback and by referring new users. These points can be used to purchase full-size products from RitzShop, an online store on Ritzbox’s website. Users also have an option to give the Ritzbox as a gift to a friend. The Ritzbox will feature a mix of Makeup, Haircare, Skincare, Body and Fragrance products from various brands. Monthly membership for the sample trial costs only Rs. 700/-. Ritzbox officials are in discussions with a number of high end brands and plan to launch this service in March 2012. The beauty box concept started with Birchbox in the US and has become popular in many countries. With Ritzbox launching in India, the Indian consumer will no longer feel left out.