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.
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.
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.
Fraught four-month-long negotiation between Tata Motors-owned Jaguar Land Rover and the United Kingdom government over a loan guarantee ended in an anti-climax on Tuesday, with the Mumbai-headquartered automobile maker announcing that it has secured loans from commercial banks and would not need any support from the UK government.
Pressured by low-cost carriers, the Federation of Indian Airlines has called off its decision to suspend domestic operations on August 18, two days after it was announced.
Tuesday's move, announced at a press conference in the capital, comes a little over a month after an accident killed six workers at a metro construction site on July 12. The accident, the latest in a series over the past year, raised public outrage and prompted Delhi Metro Rail Corporation's widely respected chief E Sreedharan to submit his resignation, which the state government declined to accept.
The government intends to borrow Rs 1,10,000 crore over the next 75 days, which will push up its first-half borrowings by Rs 58,000 crore from the earlier planned level.This means that the government will now borrow Rs 2,99,000 crore by the end of September through bond issues, which would account for around two-thirds of the Rs 4,51,000 crore the Centre proposes to borrow during the current financial year.
Anil Ambani's Reliance ADA Group formalised its association with DreamWorks Studios promoted by Hollywood director Steven Spielberg and his partner Stacey Snider.
While some like RPG's Spencer's and Wadhawan group's Spinach say it will encourage them to invest more in cold chains, others such as Aditya Birla Retail and Future Group said the announcement has come too late and helps fresh produce and chilled product suppliers more than retailers.
Excise duty cut of Rs 6,000 on big cars to be passed to customers; LCDs cheaper by Rs 3,500.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances