The Union Ministry of Human Resource Development (MHRD) has killed hopes of an immediate pay rise for the faculty of centrally funded technical institutions like the Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and Indian Institute of Science.
Four girls from a college at Latur in Maharashtra have developed a black box for automobiles.
The revival has been such that denim players are experiencing a tsunami of orders. Arvind Limited, India's largest denim producer based in Ahmedabad, has its hands full with export orders. The firm has a denim production capacity of 75 lakh (7.5 million) metres a month.
While the registration fee for CAT 2009, which was Rs 1,300 last year, will surely increase due to the high administrative and infrastructure costs because of the computerisation, it may still be less than Rs 2,000. CAT, say IIMs, will be a candidate-friendly test in terms of flexibility in the selection of test date, ease of registration, better physical environment and test experience, and enhanced security with biometric identification of candidates and video monitoring.
"We have signed an MoU with Cisco to make an investment in GIFT and help us evolve our technology platform. The American giant is likely to invest over $2 billion in the project," a top government official of GIFT said. Cisco is also expected to pick up some stake in the project. However, the details are still being worked and it will take about three-four months to finalise the deal, the official added.
The Information Technology (IT) sector in Gujarat has been witnessing a lot of green initiatives in the recent past.
For a country that considers cricket as a religion, it comes as a surprise that its viewers would prefer politics to the game. On May 16, a decisive day in the history of Indian politics, the cricket worshiping country preferred the Loksabha election results than to the Indian Premier League (IPL) matches.
The equations would take change completely in case a third front forms the government. Many experts feel that banking, insurance and healthcare will not be impacted whoever forms the government.
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."
The study by iimjobs.com reveals that salaries in finance tend to rise faster than in other sectors. The average salary for a finance MBA with 5-7 years of experience, reveals the survey, was Rs 18.5 lakh, about 20 per cent higher than their batchmates in the IT industry. While the difference between salaries in finance and consulting is not significant early in the career, it increases for people with over 5-6 years of experience.
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.
A student of IIM, Ahmedabad, said: "Usually most students from IIMs get good job offers. They move on to even better ones within six months' time. But in the current meltdown scenario, many students have seen a dearth of good offers and taken up whatever average jobs offered. There is a feeling of insecurity and dissatisfaction, which has prompted most to rely on job portals like naukri.com, iimjobs.com and others and given the hope of procuring better offers."
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.
A number of companies are coming out with learning modules and solutions, either as complete game-based educational courses or part of a larger learning module. This connects learners into environments that closely represent the actual environment within which they need to apply their learning, including related real-life problems or complexities.
Celebrations after India's Oscar moment refuse to die down. Now, it is the telecom services providers who are laughing their way to banks, thanks to the Slumdog Millionaire's Oscar sweep.
Mumbai, the largest metropolitan city of India, may well be on the path taken by cities like Amsterdam and Netherlands, if it gets inspired to implement sustainability development.
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.
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.
Analyses cricketers' valuation based on their attributes.
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