Maruti has shortlisted 10 candidates so far. Tata Motors declined to give details, but confirmed it is looking at recruiting specialists for different functions of product development, given their research and development expansion plans in India. Both companies are looking at people with relevant knowhow on emission and safety norms in Europe and the US.
Gurgaon-based MDLR Airlines is planning to make Kolkata the hub for its North East operations, as it plans to fly to eight new destinations within this year.
As part of its focus on developing startups across the world, Goldman Sachs is looking at training and development of around 29 select women entrepreneurs in India.
Asked if it is looking at the Maruti 800 and the Chevrolet Spark segment, Nigel E Wark, executive director, marketing, sales and service, Ford India, said: "Yes, we will be launching the small car in this segment broadly, but there are sub-segments and this is where we will differentiate ourselves. We will be competing in the largest volume segment. India and China are the two markets where small cars are in huge demand and we will be focusing on these countries."
RIL is aiming to revive its 350-odd outlets in Gujarat and Maharashtra by the end of April, followed by the rest of the country. The company may sell only these two products for some time. The company had closed all its 1,400-odd retail outlets through the country last year, after sales dropped drastically due to its inability to match the subsidised prices offered by state sector oil marketing companies.
Nano vendors say if all-India bookings cross 500,000, Tata Motors may have to explore the option of having a satellite plant to its present mother factory at Sanand near Ahmedabad. Many who had taken up space at the vendor park in Singur, the centre of the main dispute with the give-us-our-land-back agitationists led by the opposition Trinamool Congress, are hanging on in this hope.
In a bid to increase efficiency, telecom major Vodafone Essar is set to relocate over 1,500 of its employees to Ahmedabad from all over the country.
The share of government banks in auto finance has increased significantly in the last few months. In some cases, it has nearly doubled. The reason: these banks are offering cheaper loans than their private sector counterparts.
Mumbai-based SP Jain Institute of Management and Research has announced that it will provide initial financial assistance to the tune of Rs 20 lakhs (Rs 2 million)to any of its students who wishes to don the entrepreneurial hat. The business school has set up an entrepreneurship cell in association with National Entrepreneurship Network.
Leading vendors of the Tata Motors' Nano project intend to set the ball rolling to return their land in the ancillary park area at Singur and said they aim to begin talks with the West Bengal Industrial Development Corporation on the issue immediately.
Firms like Abbot, Piramal and Bayer India have made their presence felt at KJ Somaiya Institute of Management Studies, Mumbai. Increasingly, pharma companies are finding it easier to recruit people from B-schools for jobs in marketing, human resources and finance.
Singur farmers did not want the Tatas to leave as they were upset only with the government package, and today the same farmers were not in the mood for any agitation, Anuradha Talwar, the president of Paschim Banga Khet Majoor Samiti, said in Kolkata on Monday.
Analyses cricketers' valuation based on their attributes.
Buyers prefer to wait on expectation of better bargains.
Going by the adage 'necessity is the mother of invention', business process outsourcing knowledge process outsourcing units in Gujarat keep finding unique ways to cut cost amidst economic slowdown.
This is a relatively sharp decline compared to the northern and southern markets in the country where prices have fallen by only Rs 2 - Rs 4 a bag. Kolkata-based dealers said that retail prices are now hovering around Rs 240 a bag due to a 10-15 per cent dip in demand.
Having already witnessed a job cut of around seven lakhs so far in the year, the textile industry may see a further reduction in manpower by five lakhs, given in a decline in business by 1.5 per cent.
Consolidating on its 500-year-old legacy of providing quality education, The Society of Jesus (SJ) (popularly known as Jesuits) has applied for a Central University status with the Ministry of Human Resource Development (MHRD).
Case study suggests strategy to offer 'maximum bang for the minimum buck'.
Wary of the times ahead in the job market, business schools are working on a risk-minimisation strategy and looking at doubling the pool of companies on the campus for the summer placements scheduled in November this year.