Legal and judicial reforms are required for the development of financial systems and to create a favourable environment for growth of entrepreneurship, says the initial recommendations of an Indo-American joint working group deliberating on how to drive entrepreneurial growth in India.
Bangalore-based software giant has teamed up with eminent cartoonist Mario Miranda to create an advertising campaign that will light up its recruitment brand. The Goa-based cartoonist will educate potential recruits about Wipro through his characters.
This is the first time that the company has acquired land on its own without seeking the assistance of the state government's land acquisition agency, Karnataka Industrial Area Development Board.
Retail investors stand to gain from the booming realty sector, through the Real Estate Investment Trusts.
A forum to bring together people from different walks of life for building of an ecosystem is undertaken by Association of Computing Machinery.
Indian television company NDTV is in advanced stages of negotiations with NBC Universal, a subsidiary of New York Stock Exchange-listed General Electric to sell between 25 and 30 per cent in its UK-based subsidiary NDTV Networks Plc.
"The stability is because of the good supply. The home buyers have greater choice too," said D Timmana Goud, head retail assets-south, Axis Bank.
HDFC chief Keki Mistry stresses the importance of inculcating values of social responsibility amongst Indian youth.
B'lore turns to IT to resolve its transport management problems.
The chairman of the Securities and Exchange Board of India, M Damodaran, said on Wednesday public sector companies will have to comply with Clause 49 of the listing agreement for stock exchanges. However, few government-owned companies have met the Clause 49 stipulation (the table shows the state of play in some large government-owned companies).
A majority of the CEOs polled said the emerging political situation at the Centre could derail the pending economic reforms agenda (nuclear power, foreign direct investment in retail, etc).
Most of the biotech companies are focusing on discovery-led innovation in biopharmaceuticals. The segment has been witnessing innovations in follow-on (new variants) biologics (commercial products derived from biotechnology) and vaccines with an emerging activity in discovery-led new drug development programmes.
Tata Motors is expected to unveil its Rs 1-lakh car, which has been the subject of much debate recently and is now being called the People's Car by the company. Maruti Suzuki will showcase two small cars, the A-Star and the Splash. Both these cars are headed for the Indian roads.
The government will soon announce a slew of tax incentives for infrastructure and technological upgrade in the TV and entertainment sector.
"The company has identified a place near Channapatna, close to the 'Janapada Loka' on the highway. This will be a 6,000 square feet cafe with a kidsplay area and parking space," said Rini Dutta, Vice-President (marketing and product development), Barista Coffee Company.
Communications Minister A Raja has made it clear to bureaucrats in his ministry that there is no question of any change in the entry fee to be paid by a company for getting a unified access service licence, which allows an operator to offer mobile and fixed line services. In an unusually strong hand-written noting (not the first time that the 42-year old lawyer turned politician has done so) on a file relating to licences and related issues, Raja castigated senior officials.
The kingpin of the racket, Joseph, an unemployed techie hailing from Virudunagar in Madurai district of Tamil Nadu, was nabbed from a cyber cafe in Mahadevapura near Whitefield by the police on November 29. Six of his associates have also been nabbed. The police tracked the accused by tracing the IP address of the PC from where the accounts were hacked.
A study by economic think-tank Icrier (Indian Council for Research on International Economic Relations) has found that any adverse impact of organised retail on mom-and-pop stores will wear off over a period of time. Organised retail, it has said, will not lead to job losses and will, in fact, raise farmers' earnings.
Many new players have challenged the offer by Bharti Airtel to pay Rs 2,650 crore (Rs 26.50 billion) to get a start-up GSM spectrum of 4.4 MHz. While some say they will up the ante and are planning to write to the government that they can offer more, others say the offer is meant to keep away new competitors.
FDI, NRIs to keep higher segment active.
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