Kalpana Pathak &Amp; Raghavendra Kamath

Stories by Kalpana Pathak &Amp; Raghavendra Kamath

IT firms go slow on hiring from IITs

IT firms go slow on hiring from IITs

Rediff.com   25 Feb 2008

Information technology firms appear to have lost their appeal at the Indian Institutes of Technology. Campus recruitment figures by major Indian and foreign IT firms have dipped this year, raising further concerns of an industry slowdown.

Oil companies firm up bio-diesel plans

Oil companies firm up bio-diesel plans

Rediff.com   25 Feb 2008

With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil companies are fast firming up their bio-diesel ventures.

Now, Indiabulls enters chartered aviation services

Now, Indiabulls enters chartered aviation services

Rediff.com   19 Feb 2008

The aircraft costs nearly $45 million (nearly Rs 180 crore). The company owns a 12-seater Challenger 604 and a seven-seater Cessna Citation Bravo under the fixed wing operations.

Mumbai developers rethink malls for office space

Mumbai developers rethink malls for office space

Rediff.com   19 Feb 2008

Real estate developers like Indiabulls, DLF, Peninsula and even retail giant Future group are all considering converting space reserved for malls and hyper-markets to office space to meet heavy demand from financial institutions, investment banks and large companies.

Rel Retail to sell connected homes concept

Rel Retail to sell connected homes concept

Rediff.com   11 Feb 2008

Reliance Retail has tied up with Microsoft to launch the concept of connected homes.

PSU oil sale losses double in 3 years

PSU oil sale losses double in 3 years

Rediff.com   8 Feb 2008

Higher crude oil prices have almost doubled the under-recoveries of government-owned oil marketing companies -- Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum -- in the past three years.

Refund fees, AICTE to direct B-schools

Refund fees, AICTE to direct B-schools

Rediff.com   7 Feb 2008

The technical education regulating body plans to direct the institutions to refund the entire fee collected from the student after deducting processing fees, which cannot exceed Rs 1,000.

Indiabulls plans $1.2 bn IPO on Singapore bourse

Indiabulls plans $1.2 bn IPO on Singapore bourse

Rediff.com   6 Feb 2008

India's fourth biggest realty company (by market cap) Indiabulls Real Estate (IBREL) on Tuesday said that it was planning to launch an initial public offering (IPO) for its property trust Indiabulls Properties Investment Trust (IPIT) on the Singapore Stock Exchange (SGX).

Executive course grads to bag huge salaries

Executive course grads to bag huge salaries

Rediff.com   6 Feb 2008

For executives who quit their cushy jobs to do a one-year post-graduate programme in management at reputed management schools, it could be a problem of plenty, with placement offers pouring in two months before their course comes to an end.

Media biggies plan 24-hour shopping channels

Media biggies plan 24-hour shopping channels

Rediff.com   5 Feb 2008

The STAR India-Bennet, Coleman & Company (BCCL) combine, Subhash Chandra's Essel Group and TV 18's HomeShopping 18 are among those who will air home shopping channels in the next couple of months.

CAT to go online from November 2009

CAT to go online from November 2009

Rediff.com   4 Feb 2008

The directors of the seven Indian Institutes of Management (IIMs) will meet later this month to discuss details of a proposal to take the Common Admission Test (CAT) online by 2009.

Mumbai to add 15.4 mn sq ft office space

Mumbai to add 15.4 mn sq ft office space

Rediff.com   4 Feb 2008

By the year-end, Mumbai and its suburbs will add 15.4 million square feet of office space, more than the commercial space now available at the sprawling Bandra Kurla Complex or seven times the office space at Nariman Point, the city's business hub.

Govt refineries to gain from FDI cap hike

Govt refineries to gain from FDI cap hike

Rediff.com   1 Feb 2008

State run refineries stand to gain as govt raised the FDI limit to 49 per cent from 26 per cent.

Realty FII norms are unclear on pre-IPO stakes

Realty FII norms are unclear on pre-IPO stakes

Rediff.com   1 Feb 2008

Realty FII norms, which were recently put outside the purview of Press Note 2 (2005), are vague about pre-IPO investments.

IITs to invest over Rs 1500 cr for virtual varsity

IITs to invest over Rs 1500 cr for virtual varsity

Rediff.com   29 Jan 2008

To be modelled on the Carnegie Mellon University.

IITs feel the pinch, seek more funds

IITs feel the pinch, seek more funds

Rediff.com   16 Jan 2008

The Indian Institutes of Technology (IITs) have a 2008 budget wishlist. They want the government to grant them more funds to support their infrastructure expansions and research initiatives.

Peninsula inks Rs 1,200 cr land deal with Essar

Peninsula inks Rs 1,200 cr land deal with Essar

Rediff.com   15 Jan 2008

Ashok Piramal Group company Peninsula Land has inked a property deal worth Rs 1,200 crore (Rs 12 billion) with Essar Realty Holdings, the realty arm of the Essar Group, to sell and lease premises at its upcoming IT park named Peninsula Technopark on LBS Marg in Kurla. The deal was signed recently, according to sources.

'Retailing in India to grow faster than in US'

'Retailing in India to grow faster than in US'

Rediff.com   14 Jan 2008

Fitch, one of the largest design consultancies in the world that has designed stores of Wal-Mart, Target, Marks & Spencer, Best Buy and Tesco among others, is betting big on India's organised retail sector. Already in the country to serve clients such as Aditya Birla Retail, Reliance Retail, Tatas and so on, Fitch plans to treble the number of staff and open new offices in the country.

Foreign B-schools eye executive education

Foreign B-schools eye executive education

Rediff.com   9 Jan 2008

Foreign B-schools are finding great potential in India's growing economy and are therefore coming up with executive education programmes and centres here.

CFA blinks, to seek AICTE approval

CFA blinks, to seek AICTE approval

Rediff.com   8 Jan 2008

The US-based Chartered Financial Analyst Institute has decided to approach the All India Council for Technical Education to seek approval for its India operations.