For effecting the amalgamation, the government would first repeal the State Bank of Saurashtra Act, 1950 and thereafter amend the SBI Subsidiary Act, 1959 to remove references to the SBS Act wherever it occurs. The new Bill, to be introduced in Parliament soon, would be called the SBI Subsidiary Bank Amendment Bill, 2008.
Continuing to play the anti-outsourcing card, Democrat presidential front-runner Barack Obama on Wednesday said while America cannot "shy away" from globalisation, it would have to take measures to ensure that jobs are not shipped overseas.
A meeting with Tarun Khanna, who writes about entrepreneurship, globalisation and mutual ignorance in China and India.
Developed economies may just get more protectionist in the face of stronger Asian economies
He said India's diversity was its biggest asset and could propel it towards becoming a great power among nations if this diversity was not undermined by religious intolerance and political opportunism.
'Modi's finest political legacy ought to be a border settlement with Beijing,' asserts Ambassador M K Bhadrakumar.
Indian ace batsman Sachin Tendulkar believes the IPL should be lauded for globalising cricket.
Indian football received a shot in the arm on Friday with Bharti Enterprises announcing that it would spend Rs.1 billion to improve the sport at the grassroots level. The plan includes opening a world-class academy.
The rise of India and China does not mean that the US, which is currently experiencing a 'tectonic' shift in its economy, is entering an era of decline, Secretary of State Condoleezza Rice has said. Globalisation is creating unprecedented opportunities, but we Americans still do not feel that they are sharing in them," Rice said at a Women's Foreign Policy Group Annual Luncheon.
This process of aligning the organisation goals is called Hoshin.
What is galling to note here is that such serious systemic flaws have crept in undetected for over couple of years despite multilateral supervision and surveillance.
Squarely blaming the bureaucracy for India's slow progress, Infosys mentor Narayana Murthy said in order to bring accountability, the government needs to start performance-linked incentives.
The objective of the study was two-fold, to better understand how successful leaders behave in online games and to learn the aspects of game that environment leaders leverage to be more effective.
'What matters is that India's perspective on global issues -- climate change, intellectual property, free trade, trade routes being kept free, digital technology -- are listened to with respect,' says Ambassador B S Prakash.
To know how psychologist Howard Gardner defines the cognitive abilities that will command a premium in future, read on. . .
Steve Waugh, who captained England to the World Cup triumph in 1999, says Eoin Morgan's side is one of the best one-day teams he's seen and would compete against anyone of the previous eras.
The British Council is organising a souvenir design workshop in Mumbai and Kolkata.
"In an everyday changing environment and increased globalisation, it becomes necessary for us to adopt a global framework for governance to withstand foreign pressure and achieve world standards," Dholakia said.
In a bid to help developing nations meet their sustainable development goals, India has suggested the establishment of a 'Clean Technology Acquisition Fund', to enable the countries access crucial technologies.
With Muthappa Rai's death ended a life that highlighted the dark side of Bengaluru's often delirious growth to become India's IT capital
"My offer to the US is that they should reduce their subsidy by just one dollar and we have a deal," Commerce and Industry Minister Kamal Nath said on Monday at a conference on globalisation, organised by FICCI and University of Oxford.
GE Healthcare, a $15 billion segment of General Electric company, will continue to invest aggressively in India, where it's logging double digit growth, a top company official said on Friday.
As the export-driven growth model is fraught with extreme risks caused due to a multiplicity of factors, a revisit to Swadeshi economics is inevitable, says M R Venkatesh.
Countries that hold large US dollar-denominated forex reserves have a powerful tool in their arsenal: they could wreck American financial markets at a mere click of a mouse.
The Indian Institute of Management, Lucknow, invites industry delegates and management students to attend its annual IT management seminar, AIMS 2006.\n
No one seems to be able to agree on what the correct degree of capital mobility in developing countries is.
Infosys chief Vishal Sikka also said that demonetisation has shown to the world that Indians are ready to adopt new technology disruptions.
Pai, a highflier in the software giant (he is still just under 50), has a zen for cities. As human resources head of Infosys he is constantly scouting around in India for newer destinations where the company can set up shop to beat rising costs. And he is all the time benchmarking these against the worlds great cities to develop an agenda for change and betterment.
Dismissing the appeals of a large number of companies that opposed the new policy, the bench headed by Justice SH Kapadia said AS 22 sought to arrive at the true accounting income. "In the age of globalisation, the attempt is to reconcile the accounts of the Indian companies with their joint venture partners abroad," the 220-page judgment said, and added: "The aim is to harmonise Indian accounting standards with international standards."
Time is running out to resolve one of the most critical debates in Western society.
The rising rupee has become a major cause for concern among software exports firms. The IT industry, especially tier-II firms, which are not adequately hedged, will take a hit.
'It does not look like unemployment is a priority for the government.' 'If there was one external factor which could have made an impact on low investment and low jobs, it was the Budget and it has not made any difference.' '2020 is going to be a difficult and challenging year.'
Mr Mallya's United Spirits, the third-largest spirits group in the world, acquires both a global footprint and a quality label.
Over lunch with Jyoti Mukul, Banmali Agrawala, president and CEO, GE South Asia, discusses how GE is transforming itself into a digital industrial company.
The apex court, however, said foreign lawyers could not be barred from coming to India and conduct international commercial arbitration proceedings.
What the Indian economy looks like next January will influence her view on India, not her genetics, notes Shekhar Gupta.
The economy is likely to grow at about 5.6 per cent in 2014-15 and fiscal and current account deficits no longer pose a threat to macroeconomic stability, India Ratings said on Friday.
Globalisation and the outsourcing boom have undoubtedly transformed India. From a developing country, we are today an emerging economy and a super power in the making.
