I can never forget the day when in a remote corner of the planet that mariners call the Horn, or the Everest of the Seas, I hoisted the Indian flag on my boat and gave a salute to our tricolour. It was the proudest moment of my life, says Indian Navy Lieutenant Commander Abhilash Tomy, the first Indian and second Asian to solo circumnavigate the globe on a sailboat -- nonstop and unassisted.
Stating that the differential pricing above Rs 12 was "unfair trade practice," Justice J D Kapoor, Delhi State Consumer Disputes Redressal Commission, said: "The process of converting ordinary water into mineral water is the same (for all bottlers) and the quality or purity is also the same. It is immaterial whether mineral water is obtained directly from springs or any other source." Yet, packaged water firms continue to price their 1 litre bottles above this amount.
Monnet, which has already acquired 27 per cent in Orissa Sponge at Rs 283 per share, made an open offer for another 20 per cent at Rs 310 per share. Monnet group executive vice-chairman and managing director Sandeep Jajodia said, "We have formed a joint venture with Orissa Sponge existing promoter P K Mohanty. Under the deal, the Monnet group will have three directors, while Mohanty, who will have around 18 per cent stake in the company, will have two nominees on the board."
The twin-engined Otter aircraft of the Yeti airlines hit the airport boundary fence while approaching for landing in bad weather conditions at 7.35 am (local time), according to state run Nepal TV.
Infosys chief mentor N R Narayan Murthy and renowned hotelier P R S Oberoi were also conferred with the award. The first man to step on the world's highest peak, Mount Everest, Sir Edmund Hillary was conferred the Padma Vibhushan posthumously.
The current sub-prime crisis, in the medium-to-long term period, will accelerate global sourcing adoption as financial institutions are exercising the option to cut costs. The institute predicts that outsourcing from the financial services sector have the potential to increase 40-45 times the current market size over the next five years, with key drivers of growth coming from cost pressures and the timely advent of more vertical-specific offerings by offshore suppliers.
To celebrate its 50 years of making SUVs, Ford invited MotorBeam all the way to the Philippines to drive their various offerings at different kinds of terrains to show off their true capabilities.
Here's this week's collection of the world's craziest and funniest stories from around the world.
The Siang is a dramatic river that flows through a beautiful land. Rafting on it is a rare pleasure the state offers tourists, says Ajai Shukla.
Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
31 Chinese climbers are on Mount Everest fixing routes and repairing camps for the final assault on the summit with the Beijing Olympic torch.
Indian export-oriented information technology (IT) and business process outsourcing (BPO) firms may be grappling with an appreciating rupee and clouds of doubt looming over the extension of tax sops for the sector beyond 2009. An Everest-Nasscom study points out that the domestic BPO market, with a growth rate of 50 per cent over the last five years, has grown faster than the overall Indian BPO market to reach nearly $1.6 billion (Rs 6,400 crore) by end of FY2008.
Imax is looking towards developing nations like China and India to market its jumbo screens.
The remote infrastructure management outsourcing market is likely to exceed $8 billion over five years, according to a report released by the Everest Research Institute.
"While $30 billion is the achievable target, 50 billion is the aspirational target", Nasscom President Som Mittal said on Tuesday while releasing the findings of a study on India's BPO industry conducted jointly with the Everest Group, a global strategy consulting group.
What really sets this 22-year-old apart from any other British youngster is the fact that she is the country's youngest doctor.
'The Chinese have been moving in step by step; inch by inch for the last 40 years.'
"The cumulative total contract value of human resources outsourcing (HRO) transactions reached $ 21.2 billion in 2006 and is expected to be $25.4 billion by the end of this year," according to the study by the Everest Research Institute. Accenture, Convergys and IBM have gained significant HRO market share in terms of total contract value while Hewitt remains the market leader in terms of annual contract value, the study notes.
As Steve Smith and David Warner padded up at suburban Sydney cricket grounds over the weekend, the warm spring sunshine may have seemed fitting weather for the banned Australian cricketers to take a small but important step in their rehabilitation.
Even casual climbers can reach these 10 peaks
Modi said Nepal must identify its needs and priorities to deliver results.
The six IT majors -- TCS, Infosys, Wipro, Satyam, HCL Technologies and Congizant -- along with two BPO giants Genpact and WNS are recording a yearly growth rate of over 40 per cent, according to technology consultancy firm Everest Group. Apart from these big names, all the other smaller players are struggling at a growth rate of around 20 per cent a year, Everest Group CEO Peter Bendor-Samuel told PTI.
With the floating of fresh tenders, the army would lose the benefit of procuring towed guns at the price levels of 2002-2003, which were in the range of Rs 10-12 crore per gun, as against the current price of approximately Rs 25-30 crore per gun.
A total of 946 medals have been announced by the Union home ministry for personnel and officers of Central Armed Police Forces and state police forces, out of which three have been decorated with the President's Police Medal for Gallantry (PPMG) while 177 have been awarded the PMG.
Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.
Talent squeeze has been eroding some benefits of Indian vendors.
Chinese geologists say the range might even start becoming shorter.
The retail industry in the country is likely to spend about $1.5-2.5 billion over the next five years on outsourcing their IT operations, according to a study.
At least 41 Indians are among 57 foreigners killed in Nepal in the powerful earthquake that left a trail of devastation and suffering, flattening buildings and uprooting electric poles and trees.
Despite higher gross additions, growth in overall customer base has been tepid for these companies, says Debasis Mohapatra.
Ten-time Everest summiteer Tendi Sherpa tells Rediff.com contributor Anusha Subramanian why he cancelled his international climbing assignments to be with his community in the worst affected districts of earthquake hit Nepal.
'I could imagine that, for me it would be like getting to the top of Mount Everest. I mean, what do you do next?' 'At the moment it just feels like another weekend'
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