June 30, 2010
A big family? Try these great cars
While hatchbacks maybe easy to drive around and park and sedans might radiate class but it is ultimately the bigger and spacious beauties that can carry a big clan together. Fuel price hike justified, says Deora; slams Oppn
With Opposition parties calling for a nationwide strike against the hike in fuel prices, Petroleum Minister Murli Deora on Wednesday justified the decision, saying the increase translated to less than Re 1 per day on domestic LPG and 26-27 paisa a day on kerosene. Slum development? UPA to try 'de Soto model'
This is the first time the Union government will be taking the help of foreign experts for slum development, according to sources in the ministry of housing and urban poverty alleviation. Chennai, the Detroit of Asia?
Chennai is home to global and Indian auto majors like BMW, Ford, Hyundai, Mitsubishi, Nissan, Ashok Leyland, TVS Group, et cetera. It also has almost 35 per cent of India's share of auto ancillary units. No holds barred: Wrestlers get corporate identity
He is not alone, but one of the many wrestlers and boxers, lured to the corporate world to sort out disputes between the employer and the employee -- often as bullies who ensure workers obey the diktats of the management. 'The respect India commands today is fantastic'
The world has changed from G7 to G8 to G20, where India plays a key role.
June 29, 2010
The secret behind SpiceJet's success
Barring one quarter, SpiceJet made a profit in every quarter last year. Hike in petrol prices 'much-needed reforms': PM
Prime Minister Manmohan Singh on Tuesday said that diesel prices too will be freed from government control as part of 'much-needed reforms', but LPG and kerosene will continue to be subsidised. India's economic liberalisation: Aam aadmi's view
What does economic liberalisation mean to the common people? Are they happy with it or do they think an overt obsession with the issue has given birth to an unmanageable problem of inflation?
June 28, 2010
Prices will rise more for a while, says FM
Finance Minister Pranab Mukherjee on Monday said the hike in prices of petroleum products will have some inflationary impact in the short-term but price pressures will moderate from the middle of July. India then and now: What has changed?
Effective action to tackle systemic and other problems should be taken when the country has a stable government rather than when it is in the midst of a crisis, says Bimal Jalan. Great airport, yes, but India needs more than that
India's services sector income is on the rise, but what of the quality of people, asks Sanjaya Baru. How developed is Bihar, really?
Some economists argue that reports of Bihar's economic miracle are driven by newspaper headlines which, in turn, are predicated on state government advertising in these periodicals. Per capita income: Kerala is actually no. 1!
The southern Indian state's per capita income for 2009 stands at Rs 63,000 -- the highest in the country.
June 25, 2010
Why govt nixed Congress MP Jindal's power project
The fact that one Congress minister and MP nixed a project being promoted by another MP belonging to the same political party is not the only unusual aspect of this episode. This is also a rare instance of the central government acting on the basis of complaints made by a civil society organisation against a large industrial group. Readers' view: 'Govt attacked us with petro hike'
The petrol price hike has added to the woes of the common man. Petro price hike: What the leaders say
Petrol will cost Rs 3.73 per litre more from today (Friday), while diesel prices have been increased by Rs 2 a litre. Also, your cooking gas cylinder will now cost Rs 35 more, while kerosene will be priced Rs 3 per litre more. Libretto W100:World's 1st dual-touch-screen laptop
It can mimic both 'traditional media', opening like a book, or 'high-tech' media, like lifting the lid of a laptop. 10 best companies to work for in India
The best companies to work for are more productive and profitable. Petrol, diesel, LPG, kerosene prices shoot up
The government on Friday decontrolled petroleum prices to bring fuel costs in line with global oil rates after an Empowered Group of Ministers, headed by Finance Minister Pranab Mukherjee, met for the second time in less than three weeks to decide on raising fuel prices. Railway Minister Mamata Banerjee was absent again. 7 great growth stock bargains
These stocks have strong fundamentals and good prospects. A look at firms worth buying into today. How Ford builds its cars at the Chennai plant
A step-by-step look at how Ford Figo is built.
June 24, 2010
Pranab on how India can achieve 9%-plus growth
The finance minister also says that India requires an investment of $850 billion to $1 trillion in the next 5-7 years. Indians, world's most ambitious workers!
Indians are the most mobile workers in the world, willing to switch jobs for better career opportunities than their peers in other parts of the world, a survey has found. India a superpower? Here's what the aam aadmi says
If economic pundits and analysts are to believe, India's growth story presents a rosy picture and it is destined to be a significant economic power soon. Price rise: 'Even dal has become a luxury'
Across the country, inflation has hit the lives of millions.
June 23, 2010
Over 126,700 super rich people in India!
According to the 2010 Merrill Lynch-Capgemini World Wealth Report, in India, the number of high net worth individuals (HNWIs) with minimum investable assets of $1 million (around Rs 5 crore) rose to 126,700 by the end of 2009 compared to just 84,000 in 2008. Infrastructure: India expects $300 billion from US
India will set up a high-level committee to identify areas for expanding economic ties with the United States, from where it expects an estimated investment of $250-300 billion in infrastructure space. India creates thousands of jobs in the US: Hillary
The United States has said enhancing economic ties with India will create thousands of jobs for Americans, as against the general impression about the US jobs being outsourced to the South Asian country. Why India may beat China in sustaining high growth
India has progressed further than China in financial liberalisation and its private sector-led model has fostered indigenous entrepreneurship, whereas China is still dominated by highly profitable state monopolies. Together, we can reach for stars, Pranab tells US
Indian Finance Minister Pranab Mukherjee stresses on stronger Indo-US ties at the CEO meet in Washington, DC. How to be a leader? Lessons from Jack Welch
"Managers must walk around with a can of fertiliser in one hand and a watering can in the other."
June 22, 2010
Ketan Parekh still active in over a dozen stocks!
The government has received reports that tainted stock broker Ketan Parekh, barred from the capital markets till 2017 over a securities scam, is still active and has taken positions in oil PSUs like ONGC and HPCL. Over 60 million child labourers in India!
Child labour is a dagger through India's soul. The country has the dubious distinction of being home to the largest child labour force in the world, with an estimated 30 per cent of the world's working kids living here. Too soon to judge yuan impact: RBI deputy guv
China's central bank said late on Saturday it was ready to make the Yuan more flexible. They started companies with Rs 1-5 lakh!
Check out how these young companies are making a mark in the start-up world. Why China keeps its currency undervalued
Equity markets across the world made handsome gains after China announced plans to make its currency, the yuan, more flexible against the dollar. China on Saturday said it would allow its currency to appreciate against the US dollar.
June 21, 2010
Amul infighting: Taste of India gets bitter
This is one controversy the Amul girl can't make fun of. For, it is about the company and the brand she has been endorsing for over 30 years. What India can learn from China's amazing railways
With an audacious investment programme, Chinese Railway, like the country's most dramatic burst of wealth creation, inspires awe as much as envy. New tax code: Some queries that you want answered
The 48-year-old Indian Income Tax Act is set to be replaced by a new Direct Tax Code from April 1, 2011. The new secret sauce in laptops
A new breed of processors should draw a collective cheer from users. Ambani family truce: Good news for investors
Ambani family truce unlocks RIL growth potential. How Azim Premji hopes to shape young minds
The Wipro chief's speech at the 'Shaping Young Minds Program' organised by the All India Management Association in collaboration with the Bombay Management Association BMA) on February 9, 2004 at NCPA in Mumbai.
June 18, 2010
China's growth may slow down: World Bank
A World Bank reports says the country has shown signs of "some softening" that could slow down the pace of growth slightly in 2011. High time India raises a toast to wine
Despite rosy projections the fact remains that wine in India is not seen as an approachable beverage. Drive this car into a train!
Swiss automobile and concept powerhouse Rinspeed is creating not just a car but a entire mobility concept. 7 stunning bridges of China
The bridges in China are truly architectural wonders. Steve Jobs on life, love and death
Steve Jobs' Commencement address speaks about the highs and lows of life, how to counter challenges and how to fight the odds to come out victorious. Jobs delivered this speech on June 12, 2005. Will the Ambani brothers tango for synergy?
A coming together of the brothers will combine their separate, complementary and equally formidable strengths: Mukesh can execute mega projects in record time and derive value from scale; Anil is deft with finance and all things related to consumers and brands. These 5 start-ups are making waves
From designing web applications, brand building, online recruitment to starting tele-classrooms, they have made it click!
June 17, 2010
The world's largest gold coin!
The world's largest gold coin worth $3.9 million will be auctioned at Vienna's Dorotheum on 25 June 2010. Their businesses soar during World Cup
For manufacturers and dealers of sport goods, this is the time to rake in the moolah. Samosas, dal popular at Shanghai expo!
India is reaching out to the Chinese through samosas and dal at the Shanghai World Expo, where over one million people have visited the country's pavilion. New direct tax codes to be tabled soon
The draft is in the form of a discussion paper, and has taken radical steps to improvise on the paper released in 2009 on the same issue. Real estate in Hyderabad bounces back
Hyderabad is one of the ten districts of the Telangana region, affected by the agitation for a separate Telegana state. Success mantras of 5 start-ups
The soldiers of small enterprise are now making waves in their own little way.
June 16, 2010
From tech to transport: Journey of 2 IITians
IITians make a journey from technology to transport. Guard your credit card against frauds
Credit card information is privy and prone to theft. Therefore it is your responsibility to keep it safe from miscreants who may illegally use it and make you pay the price for the same because after all, you are the owner of the card. RIL serves another ace
Its entry into the broadband wireless segment could add $1 billion to profits. DTC: Relief for salaried, taxing for investors
EEE continues for PF, life insurance and NPS; capital gains from stocks, equity funds may become a part of ordinary income. Wanna start a business? Try these 5 sectors
Starting a new business isn't about a big bank balance. It's about a workable idea and the zeal to make it work. How Tata plans to resurrect Jaguar and Land Rover
Prepares map for more flexible, lower breakeven, self-sustaining brands.
June 15, 2010
This is what India's tallest tower will look like
Lodha Developers plans to build the world's tallest residential tower at a cost of Rs 2,000 crore (Rs 20 billion) in central Mumbai. Why Abhisheck Lodha is a newsmaker
The 30-year-old managing director of the Lodha Group, who had a stint with McKinsey before joining the group which is the same age as him, clearly walks the talk. Filing tax returns? Avoid these error traps
Every individual has to necessarily file the income-tax returns if the total income, before allowing any deduction, exceeds the exemption limit. How illiterate women became entrepreneurs
Founded by Chetna Gala Sinha, the Mann Deshi Mahila Sahakari Bank was formed with the active participation of illiterate, rural women in 1997.
June 14, 2010
How your wealth need not plunge with the market
There are different instruments which help in hedging the portfolio. Here's some help.
June 11, 2010
Beware of these 6 social networking scams!
Spammers are now devising innovative methods to abuse and cheat online users. It's raining millionaires, global wealth rises
Global wealth staged a remarkable comeback in 2009, increasing by 11.5 percent to $111.5 trillion, just short of the year-end peak set in 2007. What Ratan Tata wants from GenNext
The full transcript of this living legend's address on the graduation day at the Indian School of Business on April 8, 2006. Raza's work sold at record price of Rs 16.42 cr!
Indian artist Syed Haider Raza's work 'Saurashtra' fetched a record Rs 16.42 crore ($3,486,965) at the famous Christie's in London.
June 10, 2010
Why New Pension Scheme has failed
Hailed as a revolutionary offering, the NPs has found few takers even after a year of its launch. How to keep your kids safe online
Staying safe while using the Internet can be a daunting task for children who are unaware of many risks. He plans to bring solar light to 500 schools in NE
Kolkata-based Kirti solar Ltd has decided to be a cog in the wheel of solar power generation in our country. In a conversation with, Dhiraj Bhagchandka, managing director of the company, speaks about his company and how it plans to bring light to Indian villages. Want to plant or gift a tree? Just click!, a social business initiative gives a unique opportunity to individuals and corporates to plant trees anywhere in India. He made a fridge that runs without electricity
Mitticool, a clay refrigerator that works without electricity had turned the world's attention to its creator Mansukhbhai Prajapati, a craftsman based in Gujarat.
June 09, 2010
Bharti: World's 5th largest telecom company
The deal enables Bharti Airtel to extend its services in 15 countries across the African continent. Check out these new sedans
The sedan segment is back once again with updates and new arrivals. Just like the Indian hatchback segment the competition is heating up in the sedan segment as well. World's 10 biggest banks
Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by Titan launches watches for kids
Titan has re-entered the children's watch segment. It is the only big branded player in the largely unorganised market. Social networking? 8 tips to be safe!
While you enjoy interacting and sharing information with people across the world, make sure you are safe in the virtual world. Who is the father of civil aviation in India?
The rediff quiz on aviation sector Tips to file income tax online
Filing your Income tax returns electronically through the internet is a simple, easy and convenient process. It's Chevrolet all the way
A look into how General Motors has tried to build the Chevrolet brand in India.
June 08, 2010
Volvo XC60 will scorch Indian roads soon
Just like the Swedish landscape, where rock emerges from a bed of grass, here's where the hard-looking surface rises up from the softer background', says Jonathan Disley, programme chief designer, interior, as he runs his hands over the XC60's interiors. Auto majors flock to Karnataka
The Bosch group has expressed interest to set up a plant to manufacture auto components in Bidadi over an area of 100 acres. Infy @ 30: Kris on the incredible journey
Having his feet on the ground, Infosys chief talks of the industry's challenges, his company's changing focus and the new business model that will use a lot more of cloud computing. From 50 paise, she now earns Rs 200,000 a day
The story of Patricia Narayan, winner of this year's 'Ficci Woman Entrepreneur of the Year' award is amazing.
June 07, 2010
Golden tips to save more tax
Afterall a rupee saved is rupee earned... Will India be the world's fastest growing economy?
India is expected to be the world's fastest growing economy by 2018. KFC has a Krush on India
Last year, Yum! Restaurants, the company that owns the brand that retails a range of fast foods, decided to extend the KFC brand concept to beverages, with Krushers, a range of chilled drinks. India was one of two test markets selected for this exercise, Australia being the other. Red tape, corruption hit businesses in India
Red tape and corruption continue to affect businesses in India. Narayana Murthy on Infosys, politics, and his son
He also talks on the US challenge and on India's relations with China.
June 04, 2010
What China can learn from India
"China must have a sense of urgency as well as a sense of crisis from today and Chinese enterprises must try their best to learn as much as possible from the experiences of their Indian counterparts," Pan Song says. The skewed story of China's cheap labour
Labour unrest -- regarded for over two decades as a non-issue by foreign investors because of tight controls wielded by the government -- suddenly flared up highlighting poor conditions the workers faced across the country. Water shortage: Grim future for Indian cities
Half of the world's population will face acute water shortage by 2030. Quiz: Top billionaires of the world
There are 1,011 billionaires in the world this year. Save the planet, save money!
You can do small things and bring about big changes to make your planet live longer... World's 10 best companies to work for
Happy employees are motivated employees and a huge contributing factor to any company's success. No wonder then, the top 10 great companies to work for -- as listed by Fortune magazine and the Great Place to Work Institute -- also do well when it comes to profitability. How she makes wealth from waste
Poonam Kasturiwants ordinary Indians to feel empowered, make a difference to the waste surrounding them, convert waste into useful compost in a simple and cost effective manner. The economy at a glance
How India fared this week.
June 03, 2010
Say goodbye to kerosene lamps, here's Kiran!
Sam Goldman's mission is to bring light to millions of households who do not have access to electricity. Most eco-friendly nations: India at 123!
Iceland leads the world as the most eco-friendly nation while India is ranked at a dismal 123. All about the World Environment Day
It is a day that reminds everyone on the planet to get involved in environment-friendly activities. Nooyi bids farewell to USIBC
Indra Nooyi, the outgoing chairman of the US-India Business Council, said that the two of the major achievements during her tenure were the signing of the US-India civilian nuclear deal - where the USIBC played a catalytic role in garnering support on Capitol Hill - and the univocal support extended by the members following the 26/11 Mumbai terror attacks. Dhirubhai Ambani's words of wisdom
His was the ideal rags-to-riches story. He rose from humble beginnings to found India's largest industrial empire, and, in the process, became one of the world's richest men. He rewrote India's corporate history. Tax sops on home loans
The Income Tax Act, 1961 provides tax benefits for assessees that have home loans. Typically a home loan is repaid to the bank/lender in monthly installments. India is a global hub for innovation: Krishna
'In today's economically integrated world, economic relationships constitute the bedrock on which social, cultural and political relationships are built,' the minister tells the US-India Business Council in Washington, DC. Top 10 supercomputers: None in India
In a major setback to India's supercomputing capabilities, its fastest supercomputer, EKA slipped from being ninth fastest supercomputer in the world to be ranked at 33. USIBC launches new education initiative
Looking ahead to global economy of the future, the US-India Business Council (USIBC) has announced the launch of a new initiative aimed at strengthening institutional linkages between academia, industry and NGOs focusing on the elementary, vocational and higher education sectors in both countries.
June 02, 2010
Sanand all set to roll out Tata Nano
Inaugurating the facility, spread over about 1,100 acres, Narendra Modi said it cost him Re 1 to have the plant in the state. 15 best cities to live in India
While Delhi turns out be the safest and best city to live in India, Jamshedpur and Patna are rated as the worst cities. 'India is a good news story with so much hope'
'When you look at the United States-India partnership and the relationship, this is a good news story.' Want to buy gold? Read on!
As for the new investors, they must be thinking whether to invest in gold to gain from upside or should wait for a correction. Tips to buy low cost homes
Having a home you can call your own is a dream every individual has dreamt. However, it is one that not all are able to fulfill. The reason - property rates are extremely high and out of reach for the common man. 6 hatchbacks that will soon scorch Indian roads
India is increasingly becoming an attractive destination for global auto giants. Foxconn is not a sweatshop: Steve Jobs
After a series of suicides at Foxconn, Apple Inc's chief executive Steve Jobs said that Foxconn, the global contract manufacturer that assembles iPhones and iPads in China, "is not a sweatshop." How monsoon impacts the Indian economy
While a normal rainfall signals growth and prosperity, a below normal rainfall could spell disaster making food more expensive, aggravating the power, water shortage, hitting industrial production which in turn will put more pressure on the government's kitty.
June 01, 2010
Pressure on prices a major problem, says PM
India recorded 7.4 per cent growth in 2009-10, which was more than the 7.2 per cent projected earlier. India aims for 20 kilometers per day road project
Thsi will fill the road infrastructure deficit. Now, a mobile that offers 24x7 'badalta' discount
Uninor announced on Tuesday the launch of its global GSM service in Kolkata. Along with Kolkata and West Bengal, the service was simultaneously launched in Maharashtra and Goa, Mumbai and Gujarat circles. Gold zooms to new record high of Rs 19,050
Bullion in the Asian region gained as much as 0.5 per cent to $1,222.47 an ounce, its highest level since May 19, as the euro extended its 2.4 per cent decline against the dollar last week. Pricey hatchback? Go for a pre-owned luxury car
At last count there were 13 options in the market for a new hatchback for around Rs 5 lakh. Welcome to the world of 3G wireless technology
Telecom players are set to use 3G technology to woo the ever-expanding mobile user base with value-added services and much higher speeds. Car, bike sales jump in May
Sales for the same month last year were at 79,872 units. Buying a car? Make the most of auto loans
As compared to the same period last year, the sales figures for April, 2010 have shown a positive growth for most car companies. Buying resale property? The pros and cons
Buying a house from the secondary property market has it's pros and cons. A lowdown.
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