Facebook successfully completes six years

Facebook-logoThe renowned social networking site Facebook has redesigned its homepage to celebrate its sixth birthday. Links has been placed on the left of the screen and a top screen menu bar provides access to users to messages, notifications and requests.

The founder of the site, Mark Zuckerberg informed that the popular social network Facebook, while completing its successful six years is at the threshold of registering an another achievement of crossing a mark of 400 million members this week.

Mark Zuckerberg founded this site when he was a student at the Harvard University. The site was first available for the Harvard Students only which is now available for any person older than 13 years.

Through a blog post Zuckerberg expressed his delightedness as, "It's rewarding to see that as Facebook has grown, people around the world are using the service to share information about events big and small and to stay connected to everyone they care about.''

While reminding the time six years back, when he and his classmates designed the web site, Zuckerberg said, "This human need is what inspires us to continue to innovate and build things that allow people to connect easily and share their lives with one another."


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Kansai Nerolac to invest rupees 600 crore in production enhancement

Kansai Nerolac to invest rupees 600 crore in production enhancement

One of the leading paint manufacturers in India, Kansai Nerolac Paints (KNPL) has said that it is going to infuse rupees 600 crore for enhancing its capacity. The increase is going to be to the tune of 50 per cent and will be done in the next three years time.

Besides this, the company is also going to appoint Bollywood star, Shah Rukh Khan as the new brand ambassador and he is going to promote the eco-friendly paints of the company.

Indian banks set to see outstanding mortgage of 40 trillion rupees

Indian banks set to see outstanding mortgage of 40 trillion rupees

The things are not going to be very rosy for the Indian banks in terms of mortgage. A report suggests that the total outstanding mortgage for the banks will be 40 trillion rupees by 2020. During this time, the margins will be forced to come down and that will put a lot of pressure on the profitability. This appeared in a report that appeared on Tuesday.