The Public Enterprises Selection Board, which advises and helps government in selection of board members at public sector firms, has started the recruitment process for at least 27 board positions of various PSEs, a number of which have already fallen vacant. Among the Chairman or CMD level vacancies, for which applications are being sought, the positions of HAL Chairman and CMDs at HSL, ECIL, MSTC, STC and BEL would fall vacant between April-June next year.
Corporate Social Responsibility is increasingly seen as a key differentiator, something corporates can no longer ignore.
Apollo Tyres on Thursday said it is looking at laying off about 1,500 of its workforce.
India's leading drug maker Ranbaxy Laboratories is likely to announce a drug discovery research tie-up with US drug manufacturer Merck soon. Ranbaxy's ongoing research collaboration with GSK also relates to the pre-clinical trial phase of the new drug, with significant milestone payment and post-commercialisation royalty possibilities. Ranbaxy's decision to de-merge its research operations was intended at having more collaborative research programmes involving foreign firms.
The investments are expected to happen in the Delhi-Mumbai Industrial corridor.
IT service provider Mastek on Monday said it is putting 425 staff on 'virtual bench' for the next 12 months following a slowdown in demand.
Raghu Menon, CMD of National Aviation Company of India (Nacil), had said last year that more than 70 per cent of the merger process would be completed by the end of FY09.
Ending the long wait over next generation telecom services, MTNL on Friday said it will commercially launch its 3G services in the national capital within 10 days.
The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.
If a commodity market is to grow, nothing can stop it. We are in a market driven economy. You may keep it under wraps for some time but not long. Today, commodities market is very vibrant. I do not see any hostile institution in this market.
Easily the biggest high-power gathering and by far the starriest event staged in Gujarat, concluded at the Reliance petro township in Jamnagar on Sunday.
PESB is believed to have forwarded names of National Hydro-electric Power Corp Director (Personnel) S K Chaturvedi and Hindustan Paper Corp CMD Raji Philip as the best contenders to the power ministry.
C K Ranganathan, CMD , CavinKare talks to Business Standard about the recently held Employability Fair, the Ability awards and his relationship with the Ability Foundation
The flight connecting the Silicon Valley and the Silicon City is expected to benefit software professionals traveling to the Silicon Valley.
At present MTNL and BSNL do not impose roaming charges for mobile internet services on each others customers.
Jhulan gets promotion after World Cup super show
Can it take Hero Impulse's legacy to the next level? Can it rival Royal Enfield's Himalayan?
Asked about the plans during the 11th Five Year Plan (2007-2012), which has been pegged at adding 22,000 MW power generation capacity, Sharma said all the projects were on track and running as per schedule. The company, which plans to focus on hydro power generation, would produce its first unit of electricity next year, he said, adding the company has set a target to add 7,000 MW of electricity to its total capacity only through hydro by the end of 2012.
Rural India is divided into 6000 blocks of population.BSNL has rights to 1000 blocks and has invited tenders for installing a WiMAX base station in each of those blocks to provide connectivity to villages. Rural India is divided into 6000 blocks of population. BSNL has rights to 1000 blocks and has invited tenders for installing a WiMAX base station in each of those blocks to provide connectivity to villages.
After Frankfurt, the airline may opt for Munich as its other base in Europe. "Air India would ideally want to have both Frankfurt and Munich as European hubs as the airline does not want to vacate Frankfurt and also wants to establish Munich as a hub for operations after network expansion plans come through," said an Air-India official close to the development, not wanting to be quoted.
Outdoor advertising in India has a lot of potential. Yet, it somehow escapes the marketing mix of important brands, perhaps as a result of the unclear regulations surrounding the medium. But now major outdoor agencies have come together.
Bankers are expecting a further fall in interest rates, due to ample liquidity in the banking system.
The govt is likely to announce the new Sebi chief by Feb 10 as interviews for the position is over. Six people have been interviewed.
Under the landline services, STD rates have been reduced from Rs 2.40 to 1.20 paise per minute to all networks in general and 'sulabh' plan. "The intra-circle call charges, to BSNL network and inter circle call charges to all the networks, has also been reduced by 50 per cent," BSNL CMD Kuldeep Goyal said.
The year 2018 is likely to be steady in terms of institutional investment into real estate
Air India CMD Vasudevan Thulasidas said the combined entity will have a change management consultant which will enable employees to be IT-savvy.
Market watchers do not anticipate a turnaround soon.
BSNL told a government panel that it should be allocated 5 MHz spectrum in the 700 MHz band through the equity route
Arun Jaitley has advised banks to take decisions without fear.
Leading public sector general insurers have mooted the idea for a regulator to standardise the costs of medical treatment across the country.
Oracle Corporation, which controls the Mumbai-based i-flex solutions, has decided to bank on the expertise of the latter's management team for its global operations.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
The CMD thinks the carrier will be back in the black next fiscal; his colleagues can't understand how.
The overall responsibility of the low-cost carrier, Air India Express, would be that of Joint Managing Director Vishwapati Trivedi, with P P Singh being appointed its Chief Operating Officer. Both of them would be based in Delhi, sources said.
Posco-India, which has proposed to set up a Rs 52,000 crore (Rs 520 billion) steel project in Orissa, awarded annual scholarships of $500 to 35 students from three leading universities in Orissa.
As per the current policy, 100 per cent foreign investment is allowed in scheduled air transport service, domestic scheduled passenger airlines and regional air transport
Rolta India is planning to set up a sensor manufacturing plant even as it aims to touch the Rs 1,000 crore (Rs 10 billion) turnover mark by the end of financial year 2007-08.
UTI Bank, has opened its representative office in Shanghai, China, where it will primarily engage in facilitating and promoting trade-related services between the bank's branches in India and commercial entities in China. \n
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
Per capita income in India is increasing, including in tier-II and tier-III cites. In these cities the competition is less, as are the rentals. It is very viable as a business proposition to open showrooms in these cites.
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