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Tag Archives: Switzerland

Indians’ money in Swiss banks hit record low at Rs 4,500 crore

ZURICH/NEW DELHI: Money parked by Indians in Switzerland’s banks nearly halved to 676 Swiss francs (about Rs 4,500 crore) in 2016 to hit a record low amid a continuing clampdown on the suspected black money stashed behind their famed secrecy walls. In comparison, the total funds held by all foreign ... Read More »

Nestle India launches Iron Fortified Noodles

Nestle India has launched Iron Fortified Noodles as part of Simply Good 2020 commitment. MAGGI Masala noodles offer a powerful platform to address Iron deficiency through the iron fortified variant, which will provide for 15% of the RDA and is a small step towards addressing Iron deficiency. The company is ... Read More »

Fake Rupee Notes Seizure Up Four-Fold In Switzerland

Berne/New Delhi: Switzerland may be known in popular perception as an alleged haven for black money, but it is the fake Indian rupee notes which seem to have seen a huge surge in the Alpine nation. The quantum of fake Indian currency seized by the Swiss authorities saw an over ... Read More »

RCom’s subsidiary inks pact with Safe Host: Report

Reliance Communications’ (RCom) subsidiary Global Cloud Xchange (GCX) has reportedly entered into a master service agreement (MSA) with Switzerland-based data-centre co-location provider Safe Host. Under the agreement, the Indian company will provide a host of services, including co-location facilities and Cloud ecosystem, to Safe Host. Following the partnership, enterprises in ... Read More »