Azim Premji, chairman of Wipro, met the chief minister and formally accepted the plot offered in New Town Rajarhat, on the north-eastern fringes of this city.
The Union government's move to initiate the process for a separate Telangana state has raised both political and business concerns.
DoT prepared an internal note last week also suggesting an alternate payment structure for winning bidders who do not get spectrum immediately.
On the second day of placements at the Indian Institutes of Technology, IIT Kharagpur saw IT biggies like Yahoo, Microsoft, and Adobe flock its campus, apart from companies like Amazon, JLLM, 3M and FICO.
SBI unions walk out of pact saying interests not served
Last year, placements at the engineering institutes were relatively subdued due to the slowdown in the economy. Many Tier-I and -II IT companies skipped campus visits. As a result, even the premier Indian Institutes of Technology (IITs) were able to achieve only 75-80 per cent placements. And many students had opted for higher studies or jobs in teaching.
Even as the Indian IT industry is studying the fine print of the European Union (EU) to expand the scope of value-added-tax (VAT) from January 1, to include services like back-office operations, call centre work and administrative services delivered from non-EU nations (including India), it does not appear to be unduly perturbed.
Though General Insurance Corporation of India has a majority stake of 40 per cent as the re-insurer, the rest was re-insured with global reinsurers.
For the first time in recent years, the number of applicants for the Common Admission Test has taken a fall. In spite of an extension of 10 days for the online registration of CAT, 241,000 applications registered this year, against 290,000 last year -- a 17 percent dip. The CAT exam is a pre-requisite for aspirants wanting an entry into top management schools.
Onion is selling for Rs 30 a kg in some parts of the country, as supply of the edible kitchen bulb has been choked by hoarders betting on further price rise due to floods in the main producing states of Karnataka and Maharashtra, government officials said.
The alliance between the Congress and the Nationalist Congress Party is on the rocks, in Pune.
Globally, as well as in India, most airlines pay their pilots a fixed salary. Private airlines in India pay an Executive Commander a salary from Rs 4,15,000 to Rs 4,35,000 per month. However, if the pilot flies more than 70-75 hours a month, he gets an additional payment for each hour flown, aboutr Rs 4,000 an hour.
Bangalore has emerged as a clear preference for sectors like office and retail, while coming a close third in the residential and hospitality according to Cushman & Wakefield, a retail estate research firm.
Following a "raw" deal by the Union Ministry of Human Resource Development (MHRD), which issued a notification on September 16 that deprived them of an immediate pay rise and ignored other demands for enhanced allowances, faculty of the Indian Institutes of Technology (IITs) have decided to express its dissatisfication with the Centre in a novel way.
The high-profile race to buy India's second-largest business process outsourcing (BPO) company, WNS Holdings, ended abruptly today after the company informed the US Securities and Exchange Commission (SEC) that it had decided to stop discussions with interested parties regarding a possible change of control.
The long-delayed Hawk trainers, which began arriving in India in 2007, have improved advanced training for IAF flyers. But the crucial introduction to flying, conducted in antiquated HPT-32 Deepak and HJT-16 Kiran aircraft, is taking a growing toll on pilots' lives.
TCS, Infy, Wipro among those that have bagged a five-year deal.
The Air India building has 22 floors overlooking the Arabian Sea. Many floors are already leased out to other companies and it represents one of the costliest commercial real estate in both the city and the country. Air India made losses of Rs 5,000 crore (Rs 50 billion) in 2008-09.
While the Centre asserted the situation could be handled effectively, chief ministers sought additional funds to deal with the situation. The country as a whole has witnessed a rainfall deficiency of 29 per cent as on Monday and the number of districts reeling under drought or drought-like condition has gone up to 207.
CISF has been permitted to also protect private sector companies after the government made an amendment in the CISF Act in January this year, in the aftermath of the 26/11 attack on Mumbai. T V Mohandas Pai, member of the Infosys Board and Head of HR and Administration, said, "CISF will provide us added protection; they will provide an overlay cover."
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