September 30, 2010
5 Indians among most powerful businesswomen
Nooyi has been named as the most powerful woman in corporate America for the fifth year running. Next Bengal govt to inherit huge debt
The state's debt burden increased to Rs 1,92,000 crore (Rs 1,920 billion), against Rs 1,48,110 crore (Rs 1,481.1 billion) in 2008-09 -- a rise of about 29 per cent -- state Finance Minister Asim Dasgupta told the Assembly recently. The 25 richest Indians
The 100 richest Indians have a combined wealth of $300 billion, an all-time high and more than the combined GDPs of all the other nations in South Asia put together. Anti-BPO bill fails, Indian IT cos relieved
The Indian information technology industry is relieved at the US Senate's decision to block the proposed 'Creating American Jobs and Ending Offshoring Act', that sought to offer a tax holiday for employers moving jobs to the US from abroad. World's 20 most popular employers
According to Universum's -- The world's most attractive employers 2010 -- index, Google retains its number one position for the second consecutive year.
September 29, 2010
Number of wealthiest people: India 4th in Asia
Emerging Asia - China, India, Indonesia and Thailand - is fast becoming the main engine of growth in the Asia-Pacific region. Help our industry like we help you: India to China
After creating a 'level-playing field' for Chinese telecom companies doing business in India, New Delhi has asked Beijing to reciprocate by creating opportunities for its IT and pharma industry. India's fast growth does not mean a strong economy
India's present growth is not a sign of economic prowess; it is a choice most countries do not make because the concurrent high inflation typically targets the poor, says Derek Scissors. Blow to Obama! Senate blocks visa, anti-BPO bills
In a move that augured well for India, Senate Republicans successfully blocked the passage of an anti-outsourcing bill that denied tax breaks to American companies which move jobs overseas, dealing a blow for President Barack Obama. Think you know a lot about cars? Take this quiz
Commonly, three types of car logos are used. How to kick-start your own venture, successfully
"Entrepreneurship is not a career. It is a way of life," insists Sramana Mitra, Silicon Valley-based technology entrepreneur, strategy consultant and author of the series, Entrepreneur Journeys, which offers deep insights into the individual journeys of a cross-section of entrepreneurs. Govt plans to redefine Budget format
At present, the Budget documents, apart from the finance minister's speech, includes Budget at a Glance, the Finance Bill, its explanatory memorandum, detailed Demand for Grants, and booklets on expenditure and receipts. Unique ID number: How it will help you!
If a billion numbers get issued, with real-time features and applications, Nilekani will have notched up a transformational project. Reasons behind the talent crunch in media
It will be many years before the trial and error ends to produce a basic quality of media practitioners. The bad boy of Indian advertising
Serial entrepreneur and Dentsu India's group chairman is happy to be the bad boy of Indian advertising
September 28, 2010
Anil Ambani outlines growth blueprint
In a slew of announcements one after another, Anil Ambani on Tuesday outlined investments of nearly Rs 1,25,000 crore (Rs 1,250 billion) and also fund-raising to the tune of over Rs 65,000 crore (Rs 650 billion) for expanding businesses and entering new areas. 'Split in Reliance has benefited India'
The book is McDonald's second on the Ambani family, whose rise to the top of India Inc has been meteoric. Citi to raise Pandit's pay in 2011
Citigroup is planning to give a huge raise in the salary of CEO Vikram Pandit. India's top 5 mobile handset players
The shipments of mobile handsets in India grew by 6.3 per cent (QoQ) in the second quarter of 2010, ending June 30, to touch an all-time high of 38.63 million units in a single quarter. The stunning BlackBerry PlayBook launched!
RIM set out to engineer the best professional-grade tablet in the industry with cutting-edge hardware features and one of the world's most robust and flexible operating systems. How to make banking accessible to all
Large-scale financial inclusion will need joint work by banks and telecom companies. Anil Ambani plans to set up a world class bank
With the Reserve Bank of India throwing open a discussion on granting new banking licences, the Anil Ambani Group on Tuesday said it plans to enter the banking business through group firm Reliance Capital. The 10 top tech czars of the world
The global economy is still coming out of recession. Although the economic pain continues to be felt across the world, the fortunes of the 10 richest US technology giants rose a combined $13.6 billion in 2010 compared with their net worth in the 2009 Forbes 400 list. For them, the opportunities seem endless. China: 60,000 iPhone 4 sold already!
Some would-be buyers waited all night during the weekend to get a chance to buy the equipment. Burning money on CWG won't make us a superpower
The 2-billion-pounds cost of the Games could have assured millions of deprived Indians of a new life. Ramesh trashes academies' report on Bt brinjal
Ramesh said it does not give a larger scientific view and focused only on findings of one scientist. FM opposes govt move to access your bank accounts
Finance Minister Pranab Mukherjee has opposed the government move to snoop on the personal savings bank and other accounts in the name of anti-terror measures.
September 27, 2010
Google @ 12: What makes it a success
The world's No.1 search engine, Google is 12 years old. Of Kisan Swaraj and farmer suicides
Kisan Swaraj Yatra's revival of 'Jai Kisan' is loaded with challenges because it must contend with a tangled coil. Beware! The honey sold in India is highly toxic
CSE has found a cocktail of mostly banned and severely prohibited antibiotics in honey. Toyota Etios to hit Indian roads soon
Toyota will step into the mass market with the Etios by the end of the year. Has it done its homework? How your money can become cashless
Mobile money will be mainstream in the coming years How India can be a superpower? Experts' views
Here are some important quotes by personalities, that adorned the event, on how India could become an economic powerhouse. With Rs 30,000 crore debt, RCom in trouble
After its deal with GTL failed to go through, it's back to square one for RCom. With nearly Rs 30,000 crore (Rs 300 billion) of debt in its books, finding an investor is fundamental to its survival. Mumbai airport a nightmare, says Jet ED
If the capacity and efficiency of Mumbai's airport is not increased urgently, airlines would be forced to drop Mumbai from their destination list, warned S K Datta, executive director, Jet Airways. Vote: Which PSU banks have the best employees?
Corporation Bank's employee productivity is the highest among nationalised banks. Will these fuels power cars in the future?
A while back the dung-powered Volkswagen Beetle being tested in the United Kingdom was in the news everywhere and was being hailed as a solution to the world's transport fuel problems.
September 24, 2010
'America Inc's angst over N-deal is misplaced'
Sharma said the concerns expressed have arisen because the legislation has been misread. Where have all the jobs gone?
Despite rapid recovery the unemployment rate in India remains high. India has created over 300,000 jobs in the US
Union Minister for Commerce and Industry Anand Sharma has shrugged off the recent irritants that have cropped up less than six weeks before US President Barack Obama makes his visit to India as 'transient negativity', and predicted they would 'get dissipated' soon. Man behind United Stock Exchange's grand success
The 50-year-old managing director of Jaypee Capital has enough reason to be on cloud nine these days. Prices soar, policymakers just talk
Week on week, food inflation climbed 0.36 percentage points from 15.10 per cent on September 4. Wait for this car: The fabulous Fiat Linea T-Jet
Looking for an amalgamation of outright performance and cutting edge style? Look no further as we give you the low-down on the soon to be launched Fiat Linea T-Jet. Vote: Who is India's greatest management guru?
From the days of the Licence Raj to the 21st Century, Indian business scene has seen huge changes. 10 smart tips to use your credit card!
Your credit card can be the single most important factor in improving and increasing your credit score. On the other hand it can also plummet your score to dark depths if you are not careful. Think smart and use your credit cards to your advantage.
September 23, 2010
Meet the 10 richest Americans!
It's again raining billionaires in America! IIT-ians' boon for kids with cerebral palsy
Ajit Narayan and his IIT-Madras colleagues at Invention Labs have created a device that lends voice to children with cerebral palsy! 4 Indian-Americans among the richest in the US
Four Indian-Americans, including Sun Microsystems co-founder Vinod Khosla, are among Forbes 400 Richest People in America, a list topped by Microsoft founder Bill Gates. Top IT bosses now working with UIDAI!
Silently, resolutely, 'Aadhaar' -- as the UID project has now been christened -- and Nilekani have succeeded in attracting some of the best and brightest that the IT world can offer, both from within India and from overseas. China, India spur rise of the South
The report, Perspectives on Global Development 2010 -- Shifting Wealth, is the centerpiece of a Global Policy Dialogue co-hosted by the OECD Development Center and Global Development Network -- a platform for economic research institutes from developing countries. Recession is over: These are the biggest winners
The National Bureau of Economic Research has declared the recession that started in December 2007 ended in June 2009.
September 22, 2010
Britain worst, France best place to live in Europe
Britain came ninth out of the 10 European countries. India's 20 best IT employers
The Dataquest-IDC best employer top 20 list is made up of a mix of firms Indian IT firms and the India development centres of software multinationals. Why India's infrastructure is in shambles
"We are building 20 km roads a day. But is this enough?" This farmer has the answer to India's food crisis
A farmer from Tandia village in Varanasi has a solution to India's burgeoning food crisis. US, India aim to settle differences on trade issue
India and US have agreed to redouble their efforts to iron out the key trade and economic differences between both the countries before the visit of President Barack Obama to New Delhi in early November. Industrial growth: Are India's figures correct?
According to the data released by the government, the capital goods segment in the overall industrial output rose by 63 per cent in July and pushed up the Index of Industrial Production (IIP) by 13.8 per cent. Sexual harassment at work? Shhhh, it doesn't exist
Despite several high-profile cases of sexual harassment, Indian firms largely seem to be in denial. It's time they woke up to reality, but the whole issue is also a lot more complicated than it appears.
September 21, 2010
'The Indian consumer is a monster'
Dr Rajesh Shukla, author of How India Earns, Spends and Saves: Unmasking the Real India, warns against the rising income inequalities India has witnessed after economic liberalisation. Explained: How mobile trading of stocks is done
We visit a few brokerage houses and the stock exchanges to demystify the nuances of mobile trading of stocks and derivatives. US not ready for sustainable development: Ramesh
Environment Minister Jairam Ramesh on Monday said he is not sure countries like the United States are prepared for sustainable development which for people of developing countries like India is a question of livelihood. Sensex on Mount 20k; Nifty scales 6000
US markets jumped on Monday, taking the S&P 500 to its highest in four months. The Dow added 1.3% to 10,754. Nasdaq jumped 1.7% to 2,356. The man who uncovered 'lost' PF funds worth crores
Thanks to Nagpal's effort to point out the calculation errors, EPFO managed to spot some additional resources to increase the interest rate. Votes are in! Which are India's top banks?
In the following pages is a list of some of the top banks that have a successful track record in India (not all banks have been featured in this list because of space constraints). The top 10 airlines in India
The Indian aviation sector is flying high with domestic passenger traffic posting strong growth for the seventh straight month in July. India's fastest selling cars!
In the month of August Indian car industry posted sales of 160,794 units and the industry grew 33 per cent.
September 20, 2010
2nd Mumbai airport may get nod by Oct
The greenfield airport project at Navi Mumbai is likely to get the final environmental nod by October and the bidding process expected to begin by the year-end, Civil Aviation Minister Praful Patel said on Monday. Key lessons from the Satyam crisis
"After Ramalinga Raju made his confession, we encouraged our leaders to meet with their teams hourly and then several times a day," says Ed Cohen. India's 10 most valuable companies
The country's top private sector lender, ICICI Bank, made its entry into the list of the top 10 most valuable companies by market capitalisation this week, helped by a sharp rise in banking stocks. Economic marvel Shanghai is China's 'sexiest' city
China's eastern metropolis of Shanghai, the economic hub of Hong Kong and the sprawling city of Chongqing have been named the 'sexiest cities' in the country because of their economic prosperity, urban development, charming buildings and beautiful girls, according to a new survey. Some smart ways to save and still have fun
Recession is an ugly word. And one of the fallouts of globalisation is the ripple effect that the state of one economy has on multiple others, whether they are directly or indirectly connected. With the economy of the US currently in a tailspin, the effects are far-reaching, so it's especially wise, at this point, to take a good look at how you spend, and where your hard-earned money is going. 5 fine new sedans set to hit Indian roads
Many new car launches, offers and discounts await consumers this season. Among the various cars scheduled to be launched here is a list of five sedans that have been quite eagerly awaited. Sahara wants to buy Hollywood studio MGM for $2 bn
Sahara India Pariwar has made a $2-billion bid to buy the debt of struggling Hollywood studio Metro-Goldwyn-Mayer (MGM) Inc. Interest rate hike: What the aam aadmi says interviewed people from several walks of life to know their opinions on the rise in rates by RBI. How could West Bengal's economy be revived?
Economists and analysts are losing sleep over what would be the financial future of the state.
September 18, 2010
Price-wise, Skoda Yeti offers a great deal
The bookings of the Yeti had started a few months ago and the company claims it to be difficult to meet all the current orders till this year end. 1 in 7 Americans poor; Asians in US the richest!
One in seven Americans was living in poverty in 2009 with a family of four living on less than $21,954 a year, according to the US Census Bureau.
September 17, 2010
Delhi, Mumbai among world's costliest cities!
The survey noted that the highest growth rates for gross domestic product were recorded by China (10.7 per cent) and Taiwan (9.1 per cent). India, China have very talented people: Obama
Reminding Americans that they are facing a highly competitive global environment, US President Barack Obama has said that India and China have got "some very talented" people and are moving up the ladder. Touching story of Rai Singh, top Indian innovator
You can light up your house, use the water pumps, run saw mills, flour mills using Rai Singh's bio-mass gassifier. The top 9 nations for real estate investment
India is ranked as the fifth most attractive destination for future real estate investments, according to a latest report of FCCI and Ernst and Young. World's top 15 electricity producers, India 5th
The total electricity production in the world in 2008 stood at 19,950,3917,395,212 kWh, while the total power consumption was 17,109,665,000 gigawatt hours. India is home to 50% of the world's hungry!
5 million people will suffer chronic hunger this year. Gold: An all-season asset
Gold is considered as a sign of prosperity in India. This yellow metal is an important part of any occasion among the Indian families.
September 16, 2010
Now, IPR tag for Paithani saree, Bikaneri bhujia!
Maharashtra and Andhra Pradesh share registration of three items each by the Registrar of Geographical Indications this year to provide recognition of the intellectual right of producers and artisans on them. Another bonanza for govt staff: DA up at 45%
The decision to provide higher DA to employees will cost the exchequer an additional Rs 9,303.2 crore (Rs 93.03 billion) per annum, an official spokesperson said after a meeting of the Union Cabinet, where it was decided to raise the allowance. Now, desperate US clears 'Made in America' bill
The Bill requires the Congress to buy goods and services made in America for the first time in nearly seven decades. How the RBI rate hike will impact you
Housing loan, car loans, personal loans and education loan will get costlier in the months to come. Vote: Which is the top bank in India
In the following pages is a list of some of the top banks that have a successful track record in India (not all banks have been featured in this list because of space constraints). TCS, Infy, 14 other Indian cos in Asia top 50 list
India and China together account for 32 of the 50 companies in Forbes' sixth annual 'Asia's Fabulous 50 listed companies'. RBI hikes rates, loans to be expensive
The Reserve Bank has raised short-term borrowing rate (reverse repo) by 0.50 percentage points and lending rate (repo) by 0.25 percentage points. 2G scam: Why I filed a PIL against Minister Raja
On September 13, the Supreme Court issued notices to Telecom Minister A Raja and the CBI following a petition filed by two activist groups and senior journalist which alleges that the 2G spectrum allocation cost the exchequer a loss of Rs 70,000 crore. Guha Thakurta explains why he filed the petition. Boeing plans to fly tourists to space
The seats would be on board its CST-100 spacecraft, which it is developing under NASAs push for commercial crew spacecraft. The CST-100 could carry seven people and fly on multiple launch vehicles. Delhi, Mumbai, Chennai: Top employment generators
Healthcare, hospitality lead in job creation. Low-cost ATMs: Vortex's gift to rural India
Vortex Engineering has launched one of India's greatest initiatives to extend banking services to several parts of rural India.
September 15, 2010
Interest rates may rise, RBI out to curb inflation
The Reserve Bank of India is likely to raise policy rates by up to 25 basis points in its mid quarterly policy review on Thursday to tame inflation, which is still ruling near the double-digit mark, said experts. Bonanza for the salaried: PF rates hiked to 9.5%
The steep one percentage points increase has taken the interest on PF deposits of 4.71 crore organised sector workers to a five-year high. Gold at Rs 19,500; silver at all-time high!
Gold continued with its record-breaking rise in the national capital on Wednesday, surging by Rs 300 to Rs 19,500 per 10 grams, while silver also hit an all-time high after gaining Rs 370 to Rs 32,400 per kg. Once penniless in Mumbai, now a crorepati!
Ganapathy turned his misfortune into the biggest opportunity of his life. Markets: Will it be bulls or bears?
The main reasons for this latest rally include strong foreign institutional investor flows, healthy Indian and Chinese manufacturing data as well as less than severe Basel-III norms. TCS to set up Rs 1,000-crore mega campus in Kerala
Construction will commence in 2011-12 and be completed in three years. TCS is the second IT firm to set up such a facility after Bengaluru-based Infosys Technologies inaugurated its campus in Mysore last year. Two years later, Lehman still haunts Wall Street
Investors ask if the hugely successful investment banking model can be fully repaired. India may be poor, but Indians are rich!
The Asian Development Bank lavishes middle class status on anyone who earns between Rs 1,000 and Rs 2,000 a month. Anything more is wealth, says Sunanda K Datta-Ray. Distribution of rupee notes is pro-rich in India!
This skew is a reflection of the highly unequal distribution of income, wealth and economic transactions and needs to be corrected, says A Seshan. Hyundai's Santa Fe and its 5 rivals in India
Hyundai is all set to launch its Sports Utility Vehicle Santa Fe in the Indian market this festive season. Buying a home? Groffr can get you a BIG discount!
Built around the concept of collective buying, aggregates demand for real estate projects and then approaches the builder for a discount for the group that a single buyer cannot negotiate. Politicians favour the winners while the poor lose
Politicians show generosity when it comes to the well-heeled, parsimoniousness when it is the poor who ask for more, says T N Ninan.
September 14, 2010
2G scam:CBI probe politically motivated, says Raja
A day after the Supreme Court sought his response to a prayer for tracking the progress of the CBI probe into the alleged spectrum scam, Telecom Minister A Raja on Tuesday termed the move as "politically motivated." Sensex to cross the 20,000-mark soon
With the BSE benchmark Sensex breaching the 19,000-level and still going strong, analysts believe that Indian markets have entered a bull phase and persistent FII inflows may push the index past the 20,000-mark in the coming days. All about the new inflation index
Inflation for the month of August stood at 8.51 per cent, according to the new Wholesale Price Inflation (WPI) series. From Rs 25,000 to Rs 100-crore! The Hidesign story
Dilip Kapur, founder-president of Hidesign, an international brand, started designing leather bags as a hobby. Today, his business is worth over Rs 100 crore. Votes are in! India's most reliable cars
August 2010 proved to be a good month for most auto manufacturers. US has the best workers, economy: Obama
Despite other countries and the regions fast catching up, the United States still has a huge competitive edge over the rest, President Barack Obama has said. Surplus food, yet lakhs of Indians go hungry
The problem of distribution of foodgrain to the needy will persist. Corruption: India lost over $125 bn in outflows
The growth of corruption and India's underground economy contributes significantly to illicit financial flows from the country. 'Photocopy Phokat mein' is their mantra!
The mission of this students' start up, is to make photocopying a profitable exercise! Black money abroad: How it hurts the economy
Allowing the elite to escape tax and regulation curbs economic growth, accelerates capital flight from poor countries and promotes corruption and crime around the world, says .
September 13, 2010
India Inc backs Sonia's views on land acquisition
Several industry leaders on Monday supported United Progressive Alliance chairperson Sonia Gandhi's proposal of giving annuity to farmers in addition to compensation for land acquired for industrial purposes. Mukesh Ambani to be richest man in world in 2014
Forbes has listed a number of events that could happen over the next 10 years in the field of politics, energy, medicine, finance, society and technology. If UPA govt tackles inflation, it will collapse!
M R Venkatesh on why the reason why food prices in India are going through the roof. How mobile number portability will benefit users
MNP is a service that enables mobile telephone users to retain their mobile telephone numbers when changing from one mobile network operator to another. At over Rs 1,500 crore, festivals are big business
How big is the business of festivals? We look behind the scenes to find that God is very much in the numbers. Spectrum scam: SC notice to Raja, CBI, DoT
The Apex Court has asked the minister and the two agencies to respond to the notice within the next ten days. The amazing rise of IndiGo
IndiGo will complete five years of operations in August 2011, which makes it eligible to fly overseas routes. Markets have a big-bang rally; Sensex above 19k
The Sensex crossed the 19K on September 13 morning -- touching its highest since January 2008. Yamuna Expressway: Land prices up 50 times!
Real estate developers are making a killing on projects along the corridor. Orissa: A jinxed state for mega projects?
It is raining mega investment in Orissa, but none of the big ticket projects have made any headway. How he built a successful company with Rs 30,000!
The company has today grown into a full fledged advertising and marketing solutions company with revenues of over Rs 28 crore (Rs 280 million).
September 10, 2010
India has only a few businessmen with a 'heart'
If all goes well, the money spent by companies for corporate social responsibility may increase in the days to come. Ohio BPO ban: Legally, India can't do anything
Officials in the government, however, said India could only lodge a protest and not take legal action against the US. Best nations for business: India 77th, beats China
India may be second fastest growing economy in the world, but it fails when it comes to the best places to do business. This is the only solution to India's traffic woes
More and more Asian govts are focusing on public transport that's both mass-scale and rapid, and, generally, subsurface for better connectivity.
September 09, 2010
World's largest value creators; Reliance 2nd
Reliance Industries has been ranked second in the list of world's 10 biggest 'sustainable value creators'. Vote: India's most reliable cars!
August 2010 proved to be a good month for most auto manufacturers. World's most competitive nations; India 51st
Even as the Indian economy booms seemingly on steroids, in the area of global competitiveness it has slipped two positions from 49th to 51st this year, despite a small improvement in its score. Murthy on why India faces major problems
Software icon N R Narayana Murthy has blamed poor public governance for major ills faced by the country such as illiteracy, malnourishment, lack of sanitation facilities and dismal food and power management. Too busy to attend phone?Hire a virtual assistant!
From preparing your business presentations, taking up your calls when you are busy to directing you when you get stuck in an unknown area, virtual assistants are plugging the gaps in people's daily lives these days. Despite storage shortages,FCI sticks to buy target
Despite criticism for procuring foodgrain without creating adequate storage, Food Corporation of India plans normal procurement this kharif season. Create jobs in US to get tax sops: Obama
President Barack Obama has underlined his determination to end tax loopholes that encourages incentives for investment in overseas jobs, saying he will provide a generous tax credit to companies that create more jobs in the US. Diesel vs. petrol: Who rules the road?
Diesel cars are giving their petrol counterparts a hard time on the Indian roads. A while back the Indian media space was filled with stories of petrol cars closing in the sales gap between them and diesel cars. Bharti Airtel: The making of a media giant
Is Bharti Airtel India's fourth-largest media company? If estimates are right, then its revenues from music downloads, DTH services, IPTV and digital media outsourcing were over Rs 2,900 crore in March 2010. Meet Pranav Mistry, digital SixthSense inventor!
The young inventor of the 'SixthSense' device has foreign governments and film-makers interested in his technology that binds the digital and the physical worlds. How to build a super productive workforce in India
The youngest nation on the planet continues to be plagued with a severe job-talent mismatch. 'Poverty in India dipped not due to globalisation'
Pranab Bardhan, professor of economics, University of California, Berkeley, says that poverty alleviation in India happened because of domestic factors.
September 08, 2010
CVC may scuttle mega 2G scam probe, says BJP
Alleging that the chief task of the new Central Vigilance Commissioner, P J Thomas, is to scuttle the Central Bureau of Investigation probe that his predecessor had ordered into the 2G spectrum allocation scam, the Bharatiya Janata Party has coined a slogan: 2G is maha Bofors ghotala. How Indian animation can be a global success
If India has to compete on the global animation arena, we need to create compelling and creative animation while upholding our long-cherished mythology. India to outpace China by 2013-15! Here's why
A Morgan Stanley report says that India would match China's GDP growth of around 8.5-9.5 per cent over the next two years. US at it again! Ohio bans outsourcing to India
The spectre of protectionism has reared its head again in the United States, with Ohio Governor Ted Strickland enforcing a ban on outsourcing of all IT and back-office projects to India by government departments, says a ComputerWorld report. How he mints money from flowers
After establishing itself in the global floriculture business, Bangalore-based Karuturi Global is embarking on a planned Rs 1,600-crore (Rs 16 billion) expansion drive. The man who is building India's highways
IRB Infrastructure, which executed the country's first build-operate-transfer road project, is one of the largest operators of such ventures. Are you a habitual defaulter? A MUST read
Look out for the telltale signs... Vedanta mess: The role these people played
Given the serious allegations against the firm, did these members of the board fail in their duty to safeguard the interests of stakeholders? What ails Railways under Mamata
A K Bhattacharya says that the Indian Railways has a lot to worry about these days. Why India may not become an economic superpower
India's present growth is not a sign of economic prowess; it is a choice most countries do not make because the concurrent high inflation typically targets the poor, believes Derek Scissors. 3 invaluable lessons from top CEOs
Successful second acts are rare in business. Here are three big ideas that can help you beat the odds. Left plans Saffron makeover to build brand Bengal!
The Left Front government has roped in UK-based Saffron Brand Consultants, headed by image artist Wally Olins, to rebuild the image of brand Bengal.
September 07, 2010
India's highest paid CEOs: Naveen Jindal leads
At a time when the Members of Parliament (MPs) bagged a 300 per cent salary hike, India Inc has taken a pay hike between 50-90 per cent. Why the poor in India need free foodgrains
Just as millions starve to death in our country, we hear, to our utter dismay that Food Corporation of India sits on 60 million tonnes wheat and rice and Food and Agriculture Minister Sharad Pawar, who s made a proposal to Prime Minister Manmohan Singh to decontrol the sugar sector, will be in Brazil soon to study how the idea was successfully implemented in the world's top producer of the sweetener! Pitroda to bring digital credit card to mobiles!
For the last 15 years, Pitroda and Desai's team is working on the technology to pay through mobile phones. Pitroda already has 11 patents with him and some 20 patents related to this technology are pending for registration. Votes are in! India's best cities for business
Gujarat, Maharashtra and Andhra Pradesh have been more proactive in providing the ideal environment for the growth of small business. PM seeks to bridge two Indias
Cannot solve problems by perpetuating poverty in the name of environment, the prime minister said. Who are the biggest tax evaders in India?
NCAER says that in 2009-10, there should have been 3.8 million families with annual income of over Rs 10 lakh, a figure that is more than five times the 715,000 people who report income over Rs 8 lakh. Images: Bandh hits industry, airlines, commerce
On September 7, the trade unions have called a dawn to dusk bandh to protest against rise in price of daily commodities and, once again, fuel price hikes.
September 06, 2010
India gets 'ready' for another bandh
On September 7, the trade unions have called a dawn to dusk bandh to protest against rise in price of daily commodities and, once again, fuel price hikes. Was it right to stop Vedanta?
The mining ban has implications beyond just protecting the environment and tribal rights. 11 IPOs to hit market in Sept; some dos and don'ts
People planning to invest money in primary market would have a number of choices to park their savings this month, as about a dozen of companies are expected to bring out their IPOs in September. 7 common investing mistakes you MUST avoid
Here's a list of the seven common investing mistakes that you should avoid at any cost. Free grains to poor:SC can't dictate terms,says PM
An estimated 37 per cent of the population lives below poverty line; how can free food be given to such a large number of people, the prime minister said. This is how Infosys grooms its future leaders
The process is long-drawn, meticulous, and in consonance with the company's stated vision: 'To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people.' Honda to launch diesel cars in India by 2012
Recently there has been a flood of new launches that have posed a serious threat to the almost monopolistic models by Honda. Even the rich favour Tata Nano
The small car proves very useful and convenient for city driving. How to save tax when selling property
You can invest the proceeds in capital gains bond or reinvest in another residential property.
September 03, 2010
The new India: Big projects, bad quality!
Even as the country reels from the extended rains and the imminent Commonwealth Games, there are unmistakable signs in Delhi's environs of an unprecedented transformation. Indians as global CEOs: Is it a real triumph?
India Inc loves to applaud every time any businessman or executive of Indian origin makes it to the top in the developed world. UP frames 'India's best' land acquisition policy
With a view to containing the crisis arising due to the on-going farmers' agitation in western Uttar Pradesh, Chief Minister Mayawati on Friday chalked out a new farmer-friendly course. Maharashtra to probe irregularities in Lavasa
The Maharashtra government has found "some irregularities" in Lavasa, the country's first planned hill city project, and would take action if its probe proved any wrongdoing, a senior state minister said. 93 million Indians to live in urban slums by 2011
There has been a growth of 17.8 million in urban slum population of India in the last decade, according to a government committee formed to create a 'reliable statistical model' of enumerating people living in such areas. How technology can help beat traffic woes!
Traffic is not just a line of cars: It is a web of connections. A real solution will look at relationships across the entire road network, says Puneet Gupta. Super bus gets Chinese nod; will ease traffic jams
Chinese officials has found that the monster 'straddle bus', a newly developed design of a vehicle which can ply over the road leaving enough space for a two-lane traffic underneath, has proved to be workable, its designer said. Want to recharge your mobile for free? Try this!
For any amount you recharge, offers free coupons from retailers. 60,000 NRIs back! India lures talent away from US
This year, for the first time, NRIs returning from the US are expected to outnumber those coming to this country from India. Bengaluru, H'bad airport cities ready to take wing
GMR Hyderabad International Airport Limited plans to develop an aerotropolis on 1,000 acres, which will promote education, healthcare, entertainment, hospitality, commercial and logistics ports around the airport. New tax code: Penalty for evasion lightens!
While the tax burden for an average taxpayer will lighten marginally, for tax evaders the Direct Taxes Code proposes to reduce penalties substantially. The best automatic hatchback cars in India
So let us take a look at the three automatic transmission hatchbacks that are available in the Indian market today. Infy, Wipro to have organic veggies for staff
Both companies are in talks with a Bengaluru-based non-governmental organisation, International Competence Centre for Organic Agriculture, for the supply of organically-grown vegetables to their canteens. Why gambling, betting should be legalised in India
If the gambling is legalised in a controlled manner in India, thousands of crores (billions) of rupees in black money involved in the illegal gambling activity currently could be made available to the legal economy. Low-cost housing? Here come new lenders!
A new crop of lending agencies like Dewan Housing Finance, Gruh Finance, Micro House Finance Corporation, SEWA and Mahindra Rural Housing Finance have entered the market. By 2015, these nations will have most Net users!
In a study titled Internet's New Billion, the Boston Consulting Group said Brazil, Russia, India, China and Indonesia will have more than 1.2 billion Internet users by 2015 -- well over three times the number of Internet users in Japan and the US combined. In 2009, the BRICI countries had some 610 million Internet users. Vote! India's most trusted airlines, telcos, cars!
Companies spend billions of dollars on building brands as it gives a strategic direction and competitive advantage. How PDS overhaul can make India hunger-free
Universalisation of the public distribution system can help the needy get low-priced but nutritious food and cover most of the Indian population at a very low cost to the exchequer, argues Gopal Krishna.
September 02, 2010
Another US recession? 30% chance, says Greenspan!
"I see a third to fourth of a chance of a double dip (in the US economy)," noted American economist and former chairman of the Federal Reserve of the United States, Alan Greenspan, said while addressing an audience through video-conferencing during an award function in Mumbai on Wednesday. Small town India is now clad in Armani, Gucci!
Fashion aspirations of Indians have helped spawn a new business and some online shopping sites have now brought luxury brands within reach of people even in small towns at throwaway prices. 237,000,000 Internet users in India by 2015!
In a study titled Internet's New Billion, the Boston Consulting Group said Brazil, Russia, India, China and Indonesia will have more than 1.2 billion Internet users by 2015 -- well over three times the number of Internet users in Japan and the US combined. In 2009, the BRICI countries had some 610 million Internet users. Votes are in! India's most admired business leader
Here is a list those great men and women who, in the past 20 years, have shaped the course of India Inc. From a rickshaw puller to a successful innovator!
From being a rickshaw puller in New Delhi to becoming an organic farming expert and an innovator, it has been an amazing journey for this farmer from Damla village in Haryana. Tax code: Why you must opt for higher basic salary
If the Direct Taxes Code Bill does not undergo further changes, employees in the lower tax bracket will get more retirement benefits, provided they opt for a higher basic salary. Indian economy on wings: Everything's looking up!
From Dalal Street to the high street, India shrugs off global concerns with robust demand. Shakeout coming in auto market, warns Tata
Ratan Tata's comments come after another Indian automotive company, Mahindra & Mahindra, is in the process of taking over South Korean auto maker Ssangyong Motor Company, expected to be done by November. 10 great new cars coming to India!
With more and more Indians buying automobiles on the back of a rise in income and easy loans, car majors too are launching newer models to offer a wide choice to prospective customers. Govt corrects the GDP figures!
Facing embarrassment after throwing forward sharply different economic growth figures based on two different methodologies, the government will soon set the record straight on the pace of economic expansion.
September 01, 2010
Why Vedanta verdict is just new wine in old bottle
The recent Vedanta verdict is an aberration, not a trend, feels . How CWG can drive up taxes, property prices!
Several nations have in the past borne the brunt of mounting debt arising from organising mega events like the Olympics. India's auto sales go through the roof
Automobile companies have reported the highest ever monthly sales in India. From studying under streetlamps to CEO of US firm!
Here is the rags-to-riches story of Kal Raman, who is from a small village in Tamil Nadu and has risen to be the CEO of a company in Seattle, USA that helps educate the children of the world. SC order: Will take steps, says Pawar
The apex court ruled on August 12 that the Centre give away foodgrain to the hungry and poor, instead of allowing it to rot in Food Corporation of India godowns. Next Infosys chairman to be from within
Infosys Technologies, India's second-largest IT services firm, appears set on having an insider as its chairman when N R Narayana Murthy retires in August next year. Ambanis face-to-face again; eye K'taka power plant
For the first time after settling their family dispute, brothers Mukesh and Anil Ambani are again competing face-to-face, in a bid for the Rs 7,500-crore, 1,320-Mw thermal power project at Gulbarga in north Karnataka. Can India surpass China? What the aam aadmi says!
Will India really beat China in future or if not beat, can it at least catch up with it? We asked common people to speak on the issue and came across some interesting viewpoints. Want to splurge on gadgets? Check this out!
The market is now flooded with colourful laptops and netbooks, glossy handsets, and accessories such as headphones that can be customised to suit your attitude. Vote! India's best cities to do business in
Gujarat, Maharashtra and Andhra Pradesh have been more proactive in providing the ideal environment for the growth of small business.
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