November 30, 2010WikiLeaks threatens to take down a big US bank
Without disclosing specific details, he said the leaked documents would be hosted on the WikiLeaks website early next year.
42 years on, Star of India returns home
'It is not merely a luxury car or just a treasured heirloom. It is much more than that. It is an embodiment of art, culture and heritage. It is also a piece of history.'
Take Ratan Tata's remark seriously: Pawar
Amid the tape controversy, Agriculture Minister Sharad Pawar on Tuesday said the government should take note of Ratan Tata's statement that India risked turning into a 'banana republic'.
Ambani chopper sabotage: 2 accused acquitted
A Mumbai court on Tuesday acquitted two persons -- Uday Wanekar and Balraj Thewar -- accused of sabotaging Anil Ambani's helicopter in April last year, due to lack of evidence.
Honda's small car Brio at under Rs 5 lakh in 2011
The company said it will use the vendor base of its two-wheeler business in India to make the car price competitive.
India may be Suzuki's small car export hub
Japanese auto giant Suzuki Motor Corporation on Tuesday said it plans to make India an export hub for its small cars, mainly for European and African markets.
NRI bizman is Asian of the Year 2010
Cherie Blair, wife of former British Prime Minister, Tony Blair presented the award to John Athwal at a gala function.
Inspiring story of a next gen education company
EdServ founder S Giridharan speaks about how he became an entrepreneur and chose the field of education to work in.
Get richer by curbing expenses!
Unless watched, rising expenses could undermine your wealth creation.
Indian economy grew by 8.9% in Q2
The growth rate for the first quarter was revised upwards to 8.9 per cent from 8.8 per cent.
It pays to understand investing!
Investing is thought to be a job for a highly qualified, trained and veteran professional who has seen the ups and downs of markets, and has come out of the downs in green. Complex valuations, insider news, contacts with large investors, high value trading, etc. are some thought-to-be pre-requisites for one to make money in the markets. If you are the one who has links to the latest buzz in the market before anyone else, then you are gifted with profitability and success.
How HP's DreamScreen plans to take centre stage
While HP claims that it provides a PC-like experience, the company for the first time is also providing content.
At IIT, students expected to be spoilt for choice
The final placement process, which kicks off on December 1, is expected to be a season of bonanza, with recruiting companies queuing up once again after a two-year lull.
MP3s that can give iPods a run for the money
Before you head out to buy another iPod, maybe you should take a moment to look at the Creative Zen X-Fi Style. Simply because it might work better for you as a cheaper yet compact alternative to the iPod Nano.
Now, transfer money by sending an SMS!
Banks have launched services that will allow account holders to transfer Rs 50,000 a day.
November 29, 20102G scam: Govt threatens to cancel telcos' licenses
The government will send notices to 85 companies asking why their licences should not be cancelled for suppressing facts, said Telecom Minister Kapil Sibal on Monday.
Unwanted calls: Trai set to impose hefty fines
In a move that will give major relief to millions of subscribers, the Telecom Regulatory Authority of India will on Tuesday announce new guidelines to curb the menace of unsolicited calls by imposing hefty penalties on errant telemarketing firms and operators.
Rs 6 crore! That's what this ad costs
Maruti Suzuki India has launched its latest campaign, Come Alive, to create a buzz in the A2 segment for its tall-boy hatchback, the Zen Estilo.
Political instability dents Brand Bengaluru
The political instability and poor governance in the state has dealt a blow to brand Bengaluru and has affected it as an investment destination.
What G20 did not learn
On the issue of exchange rates, the summit reiterated the wording agreed in the meeting of the G20 finance ministers and central bank governors a few weeks earlier - a commitment to "moving toward more market-determined exchange rate systems, enhancing exchange rate flexibility to reflect underlying economic fundamentals, and refraining from competitive devaluation of currencies.
IMAGES: Chevy Volt, Nissan Leaf set for Dec launch
Both cars finally got their fuel economy ratings from the Environment Protection Agency.
Airfare game - Will the passengers benefit?
The Directorate General of Civil Aviation's (DGCA's) attempts to curb soaring air fares is well-meaning but misdirected and, probably, ineffective as previous such attempts have demonstrated.
Corruption menace: 4 ways to tackle it
Something can be done, provided we are willing to tackle the problem at its source rather than deal only with outrageous cases of corruption that are brought to the surface by the media, says
Selling youth a roaring biz
Launched in India earlier this month, Nivea's line-up will feature three primary sub-brands Q10 (day cream, night cream and eye cream), DNA Age (day and night cream) and Aqua Sensation (face wash, day and night cream).
Corruption booms in India as we depend on 'fixers'
Policy decisions should be undertaken after they have been thrashed out in public space by professionals, not by civil servants and politicians, says
Can Air India overcome the crisis?
In the 18 months that Arvind Jadhav has been the chairman of state-owned Air India, he has faced more than one crisis.
HRA deduction and how to calculate it
It depends on the city and the rental being paid.
Jet Lite vs Jet Konnect: Which is better?
Jet had been operating two similar, low cost services under two different brand names, Jet Airways Konnect & Jet Lite for quite some time now.
Scam blues for LIC housing staff after CEO arrest
Some called it 'sheer bad luck' for Nair, others talked of a conspiracy.
Why a separate Rail Budget isn't necessary
Rarely do the orders of the Central Administrative Tribunal go beyond redressing the grievances brought before it by employees of the government or other state-controlled organisations.
Manish Chokhani: The perfect insider
From equity research to sales and asset management, he worked on all the verticals.
How to locate a lost iPhone, iPad
Apple Inc has released an application that helps users locate and lock missing devices.
November 27, 2010Stop 'banana republic' like attacks, Tata to govt
Tata Sons Chairman Ratan Tata on Friday said the government must stop the 'banana republic kind of attacks', as the real 2G scam was becoming hidden behind a smokescreen.
November 26, 2010No impact on housing prices, post loan scam
"Property prices are sub-set of demand. We do not foresee any negative impact on demand. Hence, the prices will not come down," Jones Lang LaSalle India (JLL, India) Chairman and Country Head Anuj Puri said, when asked about the likely impact of housing finance scam on property demand and prices.
Chennai may become India's Detroit soon
With investments of $3 billion and a new national testing-R&D facility, the city is putting India on the global auto map.
Make sure investor money is safe, FM tells banks
Finance Minister Pranab Mukherjee on Friday asked banks and financial institutions, which have exposure to companies involved in the multi-crore rupee housing finance racket, to ensure that investor money is safe.
Photographs: The making of an aircraft
A Bombardier q400 airplane is being assembled at the Bombardier aircraft manufacturing facility in Toronto.
20 facts you must know about China's growth
China has surpassed Japan in the second quarter to become the world's second-largest economy behind the United States.
Tata taps MIT to light up low-income houses
The Tata Group is investing millions of dollars in Sun Catalytix -- an energy storage and renewable fuels company -- founded by a Massachusetts Institute of Technology professor, Daniel Nocera.
Money Matters aided builders raise Rs 5,000 crore!
Money Matters Financial Services, whose managing director and two top executives were arrested by the Central Bureau of Investigation in relation to real estate scam, did a debt syndication for at least four real estate companies to the tune of Rs 5,300 crore (Rs 53 billion) since April 2008, an analyst report said.
Maruti to hire 3,000 for expanded service network
Maruti Suzuki India will set up 200 new company-owned service centres across the country by the end of the financial year, after which it will have over 3,040 such centres.
Home sales dip in Mumbai, rise in NCR
Difference due to pricing; up by a third in Mumbai since Jan, almost stationary in Delhi.
IMAGES: World's top 10 airlines
The survey measured over 38 items of airline product and service standards.
New Nissan sedan, Kizashi-like SX4 & Micra diesel
The new diesel engine powered Nissan Micra will get the same motor that powers Mahindra Logan. The 1.5-litre DCI motor is capable of generating top power of 63bhp and 16.3kgm of max torque. The trims for the diesel version of the Micra will be XV and XV Premium.
He set up India's first 'Green Garage'
A story of how Raghav Rangarajan chased his dream and became an entrepreneur.
November 25, 2010Number portability is here! How to go about it
The all India launch date is still not fixed due to differences between the Department of Telecommunications (DoT) and the GSM mobile industry.
Sudden hike in airfares: Govt warns airlines
Sending a strong signal to domestic airlines over abrupt hike in airfares by some of them during periods of high demand, the Union civil aviation ministry on Thursday warned them of action if they continued with such 'predatory pricing'.
Housing scam a very small incident: Montek
The reaction from Planning Commission Deputy Chairman Montek Singh Ahluwalia comes a day after the Central Bureau of Investigation arrested LIC Housing Finance CEO Ramachandran Nair and seven other senior bankers on charges of corruption and criminal conspiracy.
Nations with the highest unemployment rate
Zimbabwe has the world's highest unemployment rate of 95 per cent as of 2009.
The aura of Brand Rajni
Ask a college kid in USA to guess what that was, and the answer would be: that's the line for getting the first pieces of Apple IPad.
How these companies are changing people's lives
Founders of the Garden City's technology companies are learning the art of patience when it comes to meeting CSR objectives.
Men behind top Indian tycoons' success
Behind every successful promoter is a strong second-in-command, who has been instrumental to success.
Don't bet against America: Obama
United States President Barack Obama claimed credit for the policies employed by his administration to tackle the global economic crisis during a visit to an auto plant rescued from bankruptcy with federal aid on Tuesday, where he warned the world not to bet against America.
IMAGES: 5 closest rivals of Toyota Etios
Come December 1 and Toyota will launch the sedan in Bangalore.
ONergy: A crusade to light up India's villages
Villages engulfed by darkness have a ray of hope with ONergy offering poor villagers have with a complete range of solar products.
American lifestyle a recipe for disaster: Ramesh
Union Environment Minister Jairam Ramesh has asked Indians not to blindly follow the American lifestyle which according to him is a 'recipe for disaster'.
November 24, 2010A huge housing scam now! LICHF chief arrested
The Central Bureau of Investigation on Wednesday arrested eight people, including the chief executive officer of LIC Housing Finance, for allegedly giving corporate loans for monetary considerations.
India 'cements' Bhutan's gross national happiness
In yet another instance of proactive economic diplomacy with Bhutan, a consortium of Indian banks led by the country's biggest lender SBI has come forward to take the lead role to finance efforts of industrialisation in the mountain kingdom.
2G scam has put all other scams to shame: SC
Corporate lobbyist Nira Radia was on Wednesday questioned by the Enforcement Directorate for her firm's alleged role in the 2G spectrum allocation case.
Top 7 things to do with your credit report
You will be able to access your credit scores in December 2010. The score will range from 300 to 900, indicating the levels of default. It will be available to consumers for a sum not exceeding Rs.100 as prescribed by the RBI. CIBIL, which already has a huge database of credit reports - which are currently consulted by banks before sanctioning a loan is putting up the infrastructure to be ready to service consumers who wish to access their credit reports.
He paid Rs 3.22 crore and brought back the Rolls
The scion of a royal family in Rajkot paid a whopping sum of Rs 3.22 crore (Rs 32.2 million) to an auction house in Canada, to bring back the sold-off vintage Rolls Royce car, customised to order of his grandfather 76 years ago.
India not to ban BlackBerry services: RIM
The Canadian smartphone maker has over 1.5 million customers in India.
'Delhi worried about growth, RBI about stability'
Despite ideological differences, the former RBI governor gives credit to political management by Delhi for protecting India from the full impact of the trans-Atlantic financial crisis.
The world's biggest shoplifters; India No. 1!
India has topped the retail 'shrinkage' rate -- which is a reduction or loss in inventory due to shoplifting, theft and process failures -- in 42 countries surveyed across the world, for the third year in a row.
November 23, 2010IMAGES: Why the mighty Airbus A380 is in trouble
The world's largest passenger airline, Airbus A380 is in trouble again five years after its maiden flight in 2005.
'China may be a threat to Indian acquisitions'
India's growing hunger for coal to fuel its power plants is having a major impact on global coal demand and price movements. "In such a scenario India needs to keep a close watch on coal-fired capacity addition by China," James O'Connell, managing editor, Platts.
Navi Mumbai airport: A saga of controversies
It took 13 years to get environmental clearance for the greenfield international airport at Navi Mumbai.
What led to the huge Sensex fall
The broad-based National Stock Exchange index Nifty also lost 180.75 points to 5,820.25 level.
India to need 7,400 km of metros, subways by 2030
The issue of urbanization, if not addressed immediately, might lead to serious repercussions for major Indian cities and potential deterioration in quality of life, strain on resources and reduced investments in India's urban centres, according to a 21-month-long study conducted by the McKinsey Global Institute.
India's economic boom is unparalleled: PM
A developing economy like India needs resources and revenues to be able to distribute them equitably.
The success story of micro-finance in Andhra
The Andhra ordinance and SKS IPO have abruptly changed the industry's prospects
Photos: Why Ireland is on the verge of collapse
Just when you thought that the world was slowly slipping away from the crippling recession that had it in its vice-like grip since 2008, here comes the Irish economic crisis.
PIX: Govt fuels electric cars with Rs 1 lakh sop
Under the scheme, the government will provide financial incentives for each electric vehicle sold in India during the remaining part of the 11th Plan.
Raja's share investments shot up by 170%
Former Telecom Minister A Raja's investment in shares and fixed deposits have increased by nearly 170 per cent from Rs 8.52 lakh to a little over Rs 23 lakh during one year.
PIX: All about the stunning Mercedes-Benz GL 350
The GL hasn't been inspired by the boxy looks of the G-Class but Mercedes-Benz picked up the ML's design for the GL-Class.
What is wrong with Air India management
The induction of four representatives from the private sector as independent directors to oversee the national carrier's turnaround was supposed to leaven the weaknesses associated with political control with wise and disinterested counsel.
Beware of the Stuxnet worm!
Stuxnet has wrecked havoc across the world.
Surfing at workplace rises despite curbs
From shopping online to doodling on social networking sites, surfing at workplace is on the rise.
Sale of spectrum and money for every Indian!
Imagine if the sale of telecom spectrum resulted in a cash payment directly into the hand of every Indian citizen. Absurd? Well, there is a place where petroleum reserves were treated as a 'commons' and their sale now earns every local resident an annual revenue.
November 22, 2010Decks finally cleared for Mumbai's 2nd airport
The understanding was reached on Monday.
World's 20 largest producers of cars; India 7th!
With an annual production of about 2,632,694 cars in 2009, India is now the seventh largest vehicle producing nation in the world. It is a milestone the country achieved six years ahead of the set target.
Infosys CEO: The gizmo enthusiast
S Gopalakrishnan's passion for gizmos goes beyond BlackBerrys and iPods. The Infosys head says, he likes to "play around with new technology".
Special: What investors can learn from gamblers
Here is some sparkling advice from the Red Joker, the gambler par excellence, to the investor.
Airlines slammed by DGCA for overcharging
In a blow to airlines overcharging travelers during peak season, the Director General of Civil Aviation (DGCA), has mad eit mandatory to publish details of all-inclusive fares on the first day of every calendar month.
How an all-India mobility card will help you
Travelling on various modes of public transport like Metro, bus and train may soon become hassle-free.
E-mail to die, says Facebook founder
E-mail will follow the destiny of postal letters, which paved the way for e-mails, says Mark Zuckerberg, founder of social networking giant Facebook.
IMAGES: Five auto giants rev up for India
India will beat China, North America and Europe to become the fastest growing automobile market.
Beware! Cyber criminals are on the prowl
Hackers are armed with new web threats to trap gullible Internet users.
November 19, 2010If I was PM, there'd have been no 2G scam: Modi
Gujarat Chief Minister Narendra Modi on Friday said the 2G spectrum scam would not have taken place had he been the prime minister.
Think of RIL when you fly or drive: Mukesh Ambani
"We process about 2 per cent of the world's transportation fuels. So, whenever you fly or drive a car or things move in a truck, think about Reliance," Ambani said delving into evolution of the petrochemicals major at an award function in New York.
Images: The stunning Merc M Class Grand is here
All you want to know about Mercedes M Class Grand.
In Pix: Story of 13 superb cars and a bike
The 2010 Los Angeles Auto Show will be held from November 19 through November 28, 2010.
Now, a basmati rice export scam!
Admitting to irregularities in the export of non-basmati rice to some African countries during UPA-I tenure, the government on Friday said it has referred the matter to the CVC after slapping show-cause notices on officials of PSUs, involved in the transactions.
Rs 4.25 lakh Versace mobile phone in India!
As global luxury brands continue to rush to tap the Indian market, Italian fashion house Versace's high-end mobile phones entered into the country with a price tag of up to Rs 4.25 lakh.
Pesticide content: SC quashes action against Pepsi
The Supreme Court on Friday quashed the prosecution of soft drink giant PepsiCo by the Kerala government over the pesticide content found in its bottles picked at random from the market.
Now a matrimonial site that lets you play Cupid
Started by Ruchika Abbi and Akash Saxena, who are a couple themselves, this web site helps singles find matches through their friends.
Images: Obama hails GM's return to Wall Street
US President Barack Obama on Thursday hailed the return of General Motors to the US stock exchanges, saying that one of the toughest tales of the global economic recession had taken a big step towards becoming a success story.
Using 'Made in China' stuff? Hope it's not fake
About 64 per cent of pirated goods seized in Europe last year came from China.
Don't let home loan tax you
When Jabalpur resident Mahavir Ojha received Rs 80 lakhs (Rs 8 million) from selling an ancestral property, he decided to part-pay his housing loan of Rs 50 lakhs (Rs 5 million).
GM India to launch 6 new models, pump in $500 mn
The company will launch six new vehicles -- a pick-up van, multi-seater van, hatchback, notchback, sports utility vehicle and multi-purpose vehicle.
How much is Air India's loss now?
National carrier Air India on Thursday said its loss has come down by 23 per cent to Rs 5,551 crore (Rs 55.51 billion) in 2009-10 from Rs 7,189 crore (Rs 71.89 billion) in the previous financial year.
Death now stalks Indian microfinance institutions!
The current crisis for MFIs is far worse than what they faced in 2006 when farmers' suicides resulted in a conflict with the state and MFIs had responded by reducing interest rates.
The fastest trains in the world!
When it comes to the world's fastest trains, China is the undisputed global champion currently.
India lost $462 billion in illicit money flows
These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities.
November 18, 2010Cancel licences of 5 new telecom firms, says Trai!
With the heat over the 2G telecom spectrum scam rising, the Telecom Regulatory Authority of India on Thursday recommended the cancellation of 34 telecom licences of companies, including Etisalat, Uninor, Loop Telecom and Siestema, due to non-compliance of roll-out obligations.
Indian American executive sentenced in $34mn fraud
A former Indian-American executive of Koss Corporation was sentenced to 11 years in prison on Thursday for embezzling $34 million from the Milwaukee headphones maker.
Jaguar unveils electric concept car C-X75
Christened C-X75, it has been created to celebrate 75 years of the company, says Ian Callum, design director of Jaguar Cars.
India's hottest FDI destinations; Maharashtra tops
Maharashtra received the lion's share of the foreign direct investment inflows into India during April-August this fiscal, according to industry ministry's latest data.
Nooyi, 5 other Indians among FT's 50 top biz women
The FT said the top 50 was selected by an expert jury, whose choice was based on information on the executives' performance and durability. Much of the information was supplied by Egon Zehnder International, an executive recruitment group.
'Anti-iPhone': The simplest mobile phone!
Amid the clutter of hi-tech and fancy mobile phones, here's a sleek and simple phone, which only allows you to make and receive calls.
Images: Mitsubishi Evo X and new Montero in India
The craze over SUVs has just started in India.
In Pix: China's C919 to take on Airbus, Boeing
Commercial Aircraft Corporation of China is set to take on American airliners Airbus and Boeing Co.
Top country brands: India slips to 23
Concerns over health and safety were reasons cited by 3,400 business and leisure travellers surveyed from 14 countries across the globe for their preference of nations other than India.
Obama visit: Why it has been good for India
It is not unknown for politicians to enter office with one set of assumptions, or worldview, and adopt an altogether different one shortly after assuming office.
How they lit up the lives of 2 million people
wo million people around the world today enjoy the benefits of affordable solar-powered lighting products, thanks to D.light design.
US, China battle already underway in cyberspace
A global conflict between the United States and China is already underway in the virtual world of cyberspace, a noted American think-tank has said.
Mamata calls LF govt 'land scam-tainted'
She turned down the renewed proposal by Industry Minister Nirupam Sen that she might accept Chief Minister Buddhadeb Bhattacharjee's offer to return 100 acres of land to unwilling farmers in Singur.
November 17, 2010Vibrant Gujarat: Modi invites other states too!
Having achieved acclaim and sizeable investments in previous editions of Vibrant Gujarat Summit, Gujarat Chief Minister Narendra Modi on Wednesday said other Indian states have also been invited to the forthcoming edition of the event so that they too can grow economically.
India to be fastest growing economy soon: Ambani
Mukesh Ambani, chairman of Reliance Industries Ltd, on Tuesday said that India has traversed a long path from being a Third World County in the 1980s to becoming the world's third most important economy today.
Nooyi, Jha, Pandit among highest paid US CEOs
PepsiCo's Indra Nooyi, Motorola's Sanjay Kumar Jha and Citigroup's Vikram Pandit are the three Indian-Americans among US' highest paid CEOs listed by Wall Street Journal.
Meet India's most powerful rural entrepreneurs
Their inventions are changing lives of the people across India.
How to create Indian Huaweis & ZTEs
The regulatory framework for manufacturing equipment needs to change, says
November 16, 2010Scary! Droughts, extreme heat await India!
India's key sectors like agriculture, water, forest and health will be affected in a major way due to the increase in net temperature by 1.7-2.2 degree Celsius in another 20 years in the four climate hotspots.
I did no wrong, am ready for probe: Raja
"I want to reiterate that I went as per the telecom policy of 1999, as per recommendations of Telecom and Regulatory Authority of India and vision contemplated by the government. If there have been any procedural lapses. Let it be investigated. No problem at all," Raja told reporters here two days after he unceremoniously put in his papers.
Why the Sensex fell by about 450 points
According to PTI, the Sensex fell below the psychological 20,000 points level on Tuesday on frenzied profit -booking amid a weak trend in Asia, which also pushed the NSE's broad-based Nifty index below the magic 6,000-marker.
Yeti, Aria and Santa Fe. Which is the best buy?
Let's take a cursory glance at each of the brawny beauties we are soon going to see dominating the roads.
Here's how CAG report on 2G scam blasts Raja!
The government on Tuesday tabled in Parliament the Comptroller and Auditor General of India (CAG) report on 2G spectrum allocation, whose reported extracts have created a political storm and led to the resignation of Telecom Minister A Raja.
IMAGES: A day in the life of an Indian worker
India has a large pool of over 80 crore (800 million) unorganised workers.
20 facts on the fall of America
Post-recession, the economy is in doldrums, with huge public and private debt as well as fundamental weaknesses in the financial systems.
If oil demand rises, India will be hit hard
Even a marginal hike in global demand for petroleum could trigger price jumps and impact the Indian economy.
November 15, 2010A minister had asked for Rs 15 cr bribe, says Tata
'I wanted my life back. I want to enjoy the things that I wanted to do.'
Google offers 30% pay hike to top execs
Internet search giant Google Inc has approved a handsome pay hike of 30 per cent and bonuses of 250 per cent of the base salary for its top executives starting next year.
What's behind India's spectacular economic growth
Rediff.com spoke to Raghuram Rajan about his book, what enthuses him about the Indian economy, and what are the concerns he has with India's chaotic progress . . .
Harley-Davidson: On the fast track
While all other manufacturers are currently importing these mean machines into the country, Harley-Davidson, the American cult bike maker, has announced plans to make operational an assembly unit at Bawal, Haryana, early next year to make more accessible its range of products to consumers.
Skoda Yeti is here! A complete overview
As the company announces the launch of the Yeti, let us take a look what the crossover has on offer. . .
Battle of the hatches: i10, Wagon R and Beat
The hatchback segment is the fastest growing in the Indian car market.
Boom time for IITs: Job offers continue to pour
IIT Madras has bagged 15 PPOs across departments but still expects over 10 offers. "Pre-placement offers from sectors like FMCG, IT and oil & gas have already been made.
How to make your own financial plan
Embarking on a do-it-yourself strategy requires initiative, discipline and knowledge.
Noel Tata puts his best foot forward
Footwear brand Tashi creates a buzz with teaser ads.
20 nations with largest foreign exchange reserves
India is among the top 10 nations in terms of foreign exchange reserves.
November 12, 2010Jubilant PM hails Seoul G-20 Summit
Prime Minister Manmohan Singh said, "I do not claim victory. These are ideas which are under discussion in various fora. The sherpas have been discussing these ideas and it is a process of give and take. But I do claim some credit that in my speech, I brought the development issue into the very forefront of sustainable, manageable growth process."
He cheated others and made billions!
One of American's biggest fraudsters, Bernard Madoff was sentenced to 150 years for his massive $65 billion scam.
China seeks more foreign investment
China would strive to build a fair market system to attract more overseas investment, vice premier Zhang Dejiang told a gathering of CEOs in Beijing.
Why Bharti Airtel is in trouble
Bharti Airtel reported a 47 per cent year-on-year rise in consolidated revenues at Rs 15,215 crore (Rs 152.15 billion) in the September quarter.
When will India see a better tomorrow?
India's battle for a better lot for its people is barely half done.
I won't resign, says Raja
Undeterred by the mounting opposition attack on his role in 2G spectrum allocation, Telecom Minister A Raja on Friday ruled out resignation over the issue, saying he will prove that everything has been done according to the law.
How to pep up the Doha talks
A high-level expert group will provide recommendations on boosting global business through trade liberalisation.
IMAGES: How money makes a difference
While one half of the world's population is amassing wealth, the other half lives in penury.
This diamond ring is likely to fetch $38 million!
A rare pink diamond is set to hit a new world record for a jewel sold at auction next week at Sotheby's.
IMAGES: The highest selling cars in India
The month of October saw the sales graphs of carmakers go through the roof.
G-20: India cautions against protectionism
India also spoke against talk of putting a cap on current account balance.
Competitiveness is key to growth: PM
In his keenly addressed speech at the Seoul G20 plenary, Dr Singh emphasised that the world's most developed nations should 'leverage imbalances of one kind to redress imbalances of the other kind.'
Nations with the largest gold reserves: India @11
India owns over 18,000 tonnes of above ground gold stocks worth approximately $800 billion and representing at least 11 per cent of global stock, according to estimates of World Gold Council.
Sensex likely to hit 23,500 by 2011
The Bombay Stock Exchange's benchmark Sensex is likely to hit the record level of 23,500 by end of next year.
November 11, 2010India Post: The past, present and future
The Indian postal network is the largest in the world with 155,015 post offices in the country, 90 per cent of which, that is 139,144, are in the rural areas.
He is the architect of India's telecom tariff war
The disruptive innovator is not the typical Tata exec.
Risks in riding the commodity cycle
The planner's argument is that recent international events, such as China's good growth numbers and quantitative easing by the US Federal Reserve, will result in more fund flows in commodities.
Stunning pics: The grand Falaknuma Palace hotel!
This palace hotel is tipped to be the grandest of all palace hotels in India.
Bill Gates to fund 2 Indian ideas
Sujoy Guha of the Indian Institute of Technology will test a new transcervical contraceptive made from a polymer compound for its ability to incapacitate both sperm and ovum.
The new middle class will rise from slums
We need to change the way we think of slums and small towns - this is where the new middle class is being created.
Tata plans bigger Nano, smaller Jag
Tata Motors managing director & CEO Carl-Peter Forster told Business Standard that the company would not be doing the Nano justice if it remains just the 'world's cheapest car' and, hence, will look at all the 'natural evolutions' of the Nano, including upgrades.
Check out these 6 stunning SUVs
The SUV market in India is heating up like never before.
7 leadership skills to become successful CIOs
IT executives who have the best relationships with employees and business partner make the best CIOs.
November 10, 2010Land acquisition? Take lessons from Mayawati
A masterstroke by Uttar Pradesh chief minister Mayawati has paved the way for fulfillment of Jaypee Group's dream to develop a hi-tech township along the much sought after Yamuna Expressway connecting Delhi to Agra on the fast track.
Google to give 10% hike to staff worldwide
The pay hike comes as Google ramps up its battle with competitors, especially neighbouring Facebook Inc, in a fight to secure talented staff.
In October, auto sales crossed 14 lakh units!
Thi is the best-ever monthly sales achieved in passenger cars, motorcycles and total two-wheelers segments.
Rs 170,000 crore 2G scam: CAG nails Raja
Telecom Minister A Raja has been indicted by the CAG in the 2G spectrum scam, which resulted in a loss of about Rs 1,70,000 crore.
Why it makes sense to invest more in your PF
EPFO's suggestion to hike interest on EPF is with Finance Ministry. What it means for you...
A cheaper Mercedes on the cards?
What we are talking about here is not a per-owned Mercedes but a brand new one.
How I-slate will help children in Indian villages
Students in an Indian village have been selected to test a new low-cost electronic notepad being built around a new class of green, power-stingy microchips that use a fraction of the electricity of today's computer chips.
PM's could be the voice of reason in G20 cacophony
The PM could as well face the first test of his government's multilateral policies.
5 Indians donate millions to US universities
In October, the chairman of Tata Sons, Ratan Tata, gifted $50 million to his alma mater, the Harvard Business School, to give back to the school - in his words - a little bit of what it had given him.
Google offers servants for staffers!
Google ranked as the world's best employer is now offering servants to its employees.
November 09, 2010Honda to launch its Rs 500,000 car in India in '11
Honda had unveiled the concept of the vehicle at the Delhi Auto Expo this year and said it will be priced below Rs 500,000.
Bad highways? Kamal Nath blames heavy rains!
Under attack from Members of the Parliament, Surface Transport Minister Kamal Nath on Tuesday sought to blame the excess rains this year for bad condition of roads in some parts of the country.
Doing business? India lags behind Pakistan!
The Indian economy may be booming but when it comes to ease of doing business, it ranks way down at 134th position among 183 countries.
Despite crisis,remittances to India at record high
According to the World Bank's latest Migration and Remittances Factbook 2011, remittance flows to developing countries is expected to reach $325 billion by the end of this year, up from $307 billion in 2009.
Stock basics: All you want to know about PE ratio
investors sometimes fail to understand the factors that determine it.
Create jobs, we'll take care of outsourcing: US
Ron Somers, president, United States-India Business Council speaks his mind about Indo-US tiff over outsourcing.
Check out the 10 most popular cars in India
Here is a low down on the most searched cars in the A and A2 segments in the month of October.
Upbeat Geithner stresses on reforms
Reforms are key to India sustaining the pre-economic crisis growth rate of 9 per cent, United States Treasury Secretary Timothy Geithner said in New Delhi on Monday.
What is the future of money?
As the Andhra crisis continues to deepen, proponents of financial inclusion might find both unexpected challenges and inspiration in a short film called 'The Future of Money'.
Return of the taxman
The former advisor to P Chidambaram explains why he is substituting the urban delights of London for the maddening drawbacks of Delhi.
Why India's aviation sector needs drastic reforms
India has the opportunity today to do in aviation what it did in the automobile industry in the eighties and nineties. In those two decades, a whole new industrial sector at a much higher level of technology was created.
Equities remain attractive, caution on gold
Real estate continues to look good, commercial more than residential, say observers.
November 08, 2010US against protectionism, says Obama
'The US remains - and will continue to remain - one of the most open economies in the world'
India not stealing US jobs: PM
Deals with India to create 50,000 jobs in the US.
India, US agree to cut key trade barriers
President Obama said trade deals signed in Mumbai were important steps to elevating India as key US trade partner.
India, US CEOs discuss business climate
The US CEOs accompanying Obama discussed with their Indian counterparts, different issues relating to business environment and challenges in the two countries.
November 06, 2010Obama charms India Inc with 'Namaste'
"Namaste...Saal Mubarak...Diyas (Dipawali lights)... Diwali... Mumbaikars and Dharavi" were some of the expressions and words that Obama used in his interaction with a select group of leading industrialists.
Obama's Mumbai visit: The big picture
Business leaders chart plans to boost two-way growth.
Outsourcing costing Americans their jobs: Obama
There are many Americans whose only experience with trade and globalisation has been shuttered factories.
No 'Indian plot' to steal American jobs: McCain
Outsourcing of jobs to India was one of the major election issues in the November 2 American mid-term elections.
How 5 Indian firms have helped the US economy
Indian companies have aided the turnaround of struggling US firms, saving jobs and improving company performance.
Obama starts India trip with $10 bn business deals
These are likely to create 54,000 jobs in America.
India's Reva a hit with Obama, US entrepreneurs
The opening discussions were on crucial areas of cooperation.
Obama's meeting with India Inc: A curtain raiser
The discussion will focus on the growing trade and investment between the two countries.
November 04, 2010Human development: India at a dismal 119!
The robust economic growth notwithstanding, India has garnered a lowly 119th rank in the United Nation's Human Development Index due to poor social infrastructure, mainly in areas of education and healthcare.
3 Indian CEOs among world's most powerful people
Three Indian business tycoons figure in the list of the 'Forbes World's Most Powerful People.'
'We must not be retreating into protectionism'
Ron Somers, president, US-India Business Council, discusses American business and industry's expectations and responsibilities from the Obama's visit.
Obama's Visit: What India Inc expects
'You have to explain to them about Indian investments in the US creating jobs this reverse outsourcing'
India's top 20 companies
From automobiles, cement, infrastructure to oil and gas and banking, Indian companies have established themselves as one of the most successful in the world.
Carly Fiorina, Meg Whitman lose US elections
The California election results have ended their dream to become politicians.
Check out the Rs 577,255 Tata Vista 90
The eagerness to own a compact fast car has gone up and manufacturers have their hands full keeping pace with these demands.
Playing teen patti, rummy the e-way
The teen patti game on social network portal Ibibo is being played by thousands of users daily.
Indians have highest Smartphone security concerns
Brazil and Russia (88 per cent each), Germany (86 per cent) and China and Italy (both at 85 per cent) were the other countries with high level of security concerns while respondents in Hong Kong (70 per cent), Belgium/Netherlands (74 per cent) and the US and Japan (77 per cent each) were the least concerned by comparison.
World worries about Republicans' economic strategy
The new challenges are worrying trading partners of the United States, The New York Times reported.
Low-cost Harley-Davidson bike soon in India!
Harley-Davidson, which reported a two per cent drop in global revenues from motorcycles at $1.09 billion for the September quarter, is betting big on India and China.
Have to protect American jobs: Obama
Obama, who has recently spoken against outsourcing of American jobs to countries like India and offered tax breaks for those creating jobs in the US, was asked whether he would address concerns in India where this is seen as a restrictive policy.
How medical tourism can benefit India and US
India offering health-care tourism amounts to services exports which is currently politically anathema in the US because it is seen as leading to job losses.
India, a hotspot for American cos
There are a number of such companies which have been doing business in our country successfully over the years. We present here some popular companies in India.
November 03, 2010The other face of UPA's PSU policy
The UPA-II may not talk about this, but it continues to implement its programme to revive ailing PSUs by investing fresh capital.
IMAGES: James Bond's car that fetched $4.6 mn!
It is 10 times the price of a normal DB5.
ONGC is Asia's no. 1 oil co, pips China's Cnooc
Under the stewardship of R S Sharma, ONGC climbed three places to take the top slot in the 2010 rankings released by Platts, one of the most respected global provider of energy and metals information, on Tuesday evening.
World's most prosperous nations: India at 88
India has slipped 10 places to the 88th spot, way below China, in the World Prosperity Index due to poor healthcare and education systems coupled with a weak entrepreneurial infrastructure.
How RBI plans to tame inflation
In an interview with Business Standard, RBI Governor justifies action against the real estate sector, saying home prices in most metros have crossed pre-crisis levels.
Good news! Home prices may fall soon
The measures announced by the Reserve Bank of India (RBI) are expected to hit home sales and prices are expected to correct by 15-20 per cent in the next two to three months, say real estate consultants and analysts.
Check out these 5 cars from the Maruti stable
Maruti would conceptualise a car that would be totally developed in India.
November 02, 2010The world needs to look out for India-China-US
'China, India and the US will compete and they will collaborate. This is the most important three-way relationship that the world will see,' says TCS Asia head Girija Pande.
Images: World's largest indoor theme park
Ferrari World Abu Dhabi is Ferrari's first and the world's largest indoor theme park.
Mercedes cars the world awaits with bated breath
Two cars by one of the world's finest luxury carmaker, Mercedes Benz, have drawn the attention of enthusiasts across the world.
How the RBI rate hike will impact you
The RBI has, however, left the cash reserve ratio or bank rate, which is the amount of cash that banks have to park with the central bank to maintain prudential norms, unchanged at 6 per cent.
A new chapter in Satyam saga starts today
The legal noose has been tightening around the disgraced founder of Satyam Computers, B Ramalinga Raju, for nearly 22 months since he admitted in January last year to fudging the company's accounts to the tune of Rs 7,200 crore (Rs 72 billion).
Huge scam in the H2B visa programme
Details of massive fraud and abuse of the popular H-2B work visa programme have been made public by a government report, which shows that in one of such cases more than 87 Indian nationals paid at least $20,000 each to enter the US illegally.
Why wait for refund? Avoid tax at source
Use forms 15G and 15H to avoid tax at source.
Planning to buy a car? 21 sedans to choose from
Dhanteras is just around the corner and if you are planning to book a new sedan this is the time.
Now, virtual classroom on your mobile
Service providers to stream content through 3G platform.
Ford Endeavour @ Rs 18 lakh: It's worth buying
Ford, which has been known for its research capabilities, have found out the large untapped potential of this segment in India.
The story of an American beggar
Story of an American beggar who lost his job to the Chinese.
From Rs 1 lakh to Rs 400 crore, via green homes!
Chandrasekhar Hariharan, CEO of Bio-diversity Conservation India (Pvt) Ltd, started the company in 1993 with borrowed money, with the sole intention of building eco-sensitive homes.
Obama visit: How trained are Indian policymakers?
India's policy-makers and commentariat need education on foreign policy,
November 01, 2010Indian economy on a roll: Auto sales soar
Automobile companies are all smiles prior to Diwali, the festival of lights with almost all of them registering a healthy growth in sales.
India to see 2.3 lakh new jobs in Q4
Six sectors, including healthcare and realty , are expected to create a whopping 2.3 lakh jobs in India in the last three months of 2010, according to global consultancy Ernst & Young .
How to stay RICH all your life
Life cycle investing theory proposes different portfolios for different stages of one's life in order to stay rich all life long.
India readies for the 3G experience
Tata DOCOMO has announced its intention to launch 3G services around Diwali. Vodafone Essar plans to roll out 3G services by the first quarter of next year.
Food security to cost Rs 72,000 crore
The foodgrain guarantee is part of the proposed National Food Security Bill.
Complain about getting Shanghaied, not Bangalored!
President Obama is, therefore, coming to India with the economic agenda as his main focus; and at the core of that is the promise to open up the Indian market in order to create more jobs for Americans.
Can Bharat Berry intercept Blackberry services?
To provide a concrete solution for interception of data sent using Blackberry messenger, a Jaipur-based IT company has claimed to have developed a mobile communication service for all users that will work under the orbit of Indian law.
How to get the BEST car loan
Here's what you need to look at to get the best deal from the zillions in the market.
15 SUVs to choose from this Diwali
The segment is doing well and many new products are being developed for this space.
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