Oil India chief reveals plans of the upcoming IPO and future investment strategies.
The largest such refiner -- Indian Oil Corporation -- has earmarked over Rs 13,500 crore (Rs 135 billion) to meet these specifications (essentially lower sulphur and aromatic hydrocarbons) in petrol and diesel at its seven refineries.
Kalinga Institute of Industrial Technology's School of Rural Management at Bhubaneshwar, is quietly making plans to outdo the institute it was modelled on.
Bhanjibhai Mathukiya's invention will benefit poor farmers deprived of the motorised tiller.
Consequently, the thousands of first- and second-level students (comparable to first year and second year) will now have to go abroad to pursue the CFA course if they still wish to do so. This would mean an additional expense of thousands of dollars besides heartburn and anxiety.
The Telecom Regulatory Authority of India's (Trai) decision to stop issuing new licences for district-level operators or category 'C' players has effectively shut the door on smaller Internet service providers (ISPs) interested in setting up shop. Those who have moved on to category 'B' or state-level operations, too, are feeling the heat as they have to compete with the likes of Reliance, Bharti Airtel, BSNL, VSNL and Sify.
What this means is that crucial and accurate data about the city like dwelling units, roads, power, infrastructure, telecommunications, water distribution, sewage disposal, educational institutes, public health units, tourism centres, religious places, transport junctions etc will now be available to the government at any given time.
After Harvard Business School and Tuck School of Business, India's developing corporate scenario has now attracted France-based ESCP-EAP European School of Management to hold executive education programmes for corporates in India.
Anil Kumble would be raking in around Rs 60-75 lakh a year for endorsing Manipal Education. Viswanathan Anand would be getting anywhere between Rs 75 lakh to Rs 1 crore. Universities are choosing sports icons as brand endorsers as they not only want to portray themselves as excellent in academics, but extra-curricular performances too.
Nancy Barry, president of NBA Enterprise Solutions to Poverty and former president of Women's World Banking, is set to have an Ahmedabad connection.
Three years back, an MBA in petroleum studies from Dubai or Singapore was enough for a candidate to automatically enter the higher echelons of management at an oil and gas company, considering people with such a specialised degree was a rarity in India.
Industry bigwigs and corporate heavyweights have been scurrying to get the best students for themselves. Naturally, salaries are headed north.
They say degree or diploma doesn't make a difference anymore.
For long, the Gujarat government has been hard-selling the sea of business opportunities that its 1,600-km long coastline offers.
Consider this. India's best paying B-school -- Indian School of Business, Hyderabad -- made offers to five international faculty members in the past three years. All of them chose to join management institutes in Singapore because of the fat pay packets. ISB pays its professors salaries that are five times more than an Indian Institute of Management professor. This means if an IIM professor's monthly salary is Rs 54,000, his counterpart at ISB would draw Rs 2,70,000 a month.
The Nandigram fracas is taking a toll on placements at the oldest Indian Institute of Management (IIM), in Kolkata, with top-notch recruiters like Goldman Sachs deciding not to visit the campus this year for summer placements.
Leading five-star hotels in the country are taking their signature restaurants to cities across the country, thanks to their success and popularity. Taj Hotels and Palaces in Mumbai will open its signature Japanese restaurant, Wasabi by Morimoto, in Delhi by early next year.
While IIM-B is yet to decide on the exact quantum, the increase could be anywhere between Rs 20,000 and Rs 50,000. The institute will be revising its fee after three years. Through the revision, the institute plans to increase its earnings from the placement fee.
More than six hotel chains are looking at either building properties or expanding their presence in these states. ITC's WelcomHeritage brand, for instance, is scouting for properties in Nagaland and Kaziranga, Assam. The hotel, however, is already there in Arunachal Pradesh, Assam and Meghalaya.
The Planning Commission, according to highly-placed sources, says GDP allocation to education will increase from its from current 3.5 per cent to 5 per cent by the end of the 11th Plan. Around 19.7 per cent of the total plan resources would be set aside for education, according to the sources in the Commission.
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