Submiited By :-

Surbhi Jaitley

Finance ministry has assured the Employees Provident Fund Organization, or EPFO , that the entire 9.5% interest on the accumulated corpus of account holders for the current fiscal will not be taxed.

EPFO declared a one percentage point higher interest for the current year after it discovered Rs 1731 crore of surplus funds in one of its accounts.

World’ largest luxury car maker BMW Group has entered auto finance business in india.

BMW has received the license to operate as a non-banking finance company (NBFC) from RBI.

BMW Financial Services will help finance customers looking to buy BMW cars

BMW Financial Services will be based in Gurgaon and has set up with an initial investment of $50 million.

Nokia announced launch of Nokia C3 in India, first device to bring a full QWERTY keyboard to world’s most popular mobile phone platform-Series 40.

Nokia C3 allow users to:

View

Post

Comment

Share locations

Update their status on social networks such as Facebook & Twitter

It is for the first time preloaded with:

Ovi mail: to set up email

Ovi Chat: to create chat accounts straight from the device widout PC

Other features include:

Megapixel camera

Rich colour screen

Support upto 8GB memory card

In annual rankings of the 100 most powerful women released Wednesday, Forbes says President Barak Obama’s wife has been a “ true change-maker” since coming to the White House.

Mrs. Obama displaced German Chancellor Angela Merkel, who had held the top spot for the past four years.

The US first lady landed in 40th place on Forbes 2009 list.