August 31, 2010
This could end up killing Maruti Suzuki!Maruti's hike in royalty to its parent Suzuki, at a time when competition is speeding up, makes it a decidedly uncool stock.
It's an order, not a suggestion, SC raps PawarA bench of Justices Dalveer Bhandari and Dipak Verma referring to newspaper reports that the Union Minister had claimed there was no such order, clarified that it did pass such an order.
How Pak could overcome its economic crisisWith its economy battered by the devastating floods, Pakistan must make peace with India and normalise its economic ties if it wants to overcome the crisis, a noted American scholar has said.
CWG: Bribes may drop due to traffic disciplineTraffic discipline during the Games will hopefully lead to an automatic solution to the perennial chaos on Delhi's roads, feels Shubhashis Gangopadhyay.
MPs' salary and some serious monkey businessInstead of linking MPs' salary to the cost of living index, it should be anchored to the growth rate so long as India boasts the world's second-highest growth, feels Sunanda K Datta-Ray.
August 30, 2010
BlackBerry gives in, to let India monitor servicesResearch In Motion, maker of BlackBerry mobile phones, on Monday gave certain proposals for lawful access to its services by law enforcing agencies and said that these proposals will be immediately operationalised in India, Union home ministry sources said after a meeting between RIM and government officials.
Warren Buffett is 80, wants to work past 100!The world's third richest man with a net worth of $47 billion wants to go on working.
Sail through Mumbai traffic in 45 minutes flat!Catamaran service from Borivali to Nariman Point at Rs 250.
August 27, 2010
Taking a big byte out of Apple's iPadAmerican monologist Mike Daisey performs in Mumbai, using story-telling and humour to examine the ramifications of globalism.
How they are fuelling India's economic growthIndia, or at least Indian economy, seems to be shining bright like never before.
The richest Indians in other countriesWith Indians proving their business acumen across the globe, many nations see Indian-born people amongst the richest individuals there. So here are some of them . . .
The amazing story of vada pav chain Jumbo KingWhat inspired Jumbo King to weave an entire fast food chain around an inconspicuous product like the vada pav.
August 26, 2010
BlackBerry may face ban in next 5 daysThe government on Thursday made it clear that BlackBerry services may be banned if its maker, Research-in-Motion, fails to provide a monitoring solution in the next five days.
Get desi education with NRI loan!Educational institutions in India have a quota system for non resident Indians (NRIs). But the catch is that the fees are higher than what resident students pay.
How to protect your investments from asset bubblesAn asset bubble occurs when the prices of assets are over-inflated due to an excess of demand.
What must Ratan Tata's successor be likeThe successor to the legendary Ratan Tata should have a keen understanding of the group's core values, foresight, strength of character, good grasp of Indian-ness, among other qualities, says
.
These hot cars cost more than Rs 2 crore eachBugatti, Aston Martin and Ferrari will be launched in the country by the year-end.
Maharatnas, Navratnas: India's best PSUs!The title 'Navratna' was given originally to nine Public Sector Enterprises (PSEs), identified by the Government of India in 1997, which allowed them greater autonomy to compete in the global market.
Pollution woes? Here's a low-cost Indian solution!Virendra Kumar Sinha's pollution control device can be attached to generators or other diesel engines, to bring down noise and air pollution.
August 25, 2010
Vedanta issue: A few disturbing questions!Permission should be denied before the start of the refinery. To do so now is unfair and damaging to the government's reputation, says
.
China becomes the hydro superpowerFurther boosting it's ranking as the world's largest producer of hydro electric power, China on Wednesday commissioned a new 700,000 kw unit at Xiaowan, built at a whopping cost of $5.86 billion.
Has UPA rule been an economic success for India?This government only needs to provide stability and create the wherewithal to survive future shocks, says Arvind Subramanian.
Vedanta: For Niyamgiri tribals, half battle is wonEven though Vedanta Resource's proposal to mine bauxite at the sacred mountain in Orissa's Kalahandi district is rejected, for thousands of tribals like Laksa Majhi, who for countless generations have lived in the shadow of Niyamgiri, the insecurities persist.
Nothing wrong in MPs' pay hike, but . . .A pay commission for MPs should also be able to resolve an associated controversy over the compensation package for parliamentarians.
How rural jobs have left Gods in the lurchThe successful implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in parts of West Bengal has meant that fewer hands are available today to craft mud and straw into the idols that are central to goddess Durga's homecoming every autumn.
World's 11 most expensive homesHerein, we present facts about 10 most expensive houses of the world.
Vote! Who is India's most admired business leader?Here is a list those great men and women who, in the past 20 years, have shaped the course of India Inc.
August 24, 2010
China plans 'super bus' to ease traffic jamsChina is gearing up to road test an eco-friendly "straddle" super bus, which is high enough to allow a two-lane tunnel beneath it for cars to pass through.
Mukesh Ambani a socialite, Anil an ascetic: BookHamish McDonald, whose book on the saga of Reliance was banned in 1998 in India after the corporate house moved court, has come out with the poser in his book -- Mahabharata in Polyester: The Making of World's Richest Brothers and Their Feud -- to be released on September 1 in Australia.
Poor nations guinea pigs for US drug trialsThe Duke Clinical Research Institute study found that majority of the paediatric trials enrolled patients in at least one country outside the US.
World's top 10 FDI hotspots; India 9th!The UN Conference on Trade and Development study -- World Investment Report 2010 -- ranks India as the 9th most attractive destination for foreign direct investment, up from 13th last year. It received $35 billion in FDI in 2009.
The 100 glorious years of ITCWhat started off as a small tobacco company in a rented place, is today one of India's best known conglomerates.
Why govt rejected clearance to Vedanta projectIn a big blow to Vedanta Resources, the government on Tuesday rejected environment clearance to its $1.7-billion bauxite mining project in Orissa after accepting recommendations of its key panel clearing such ventures.
Sanand now a home to crorepati farmersAt the rate of around Rs 40 lakh (Rs 4 million) for a bigha (0.62 acre), selling a couple of bighas can fetch one Rs 1 crore (Rs 10 million).
All that is wrong with Mumbai's 2nd airportIt is likely that politicians, or their benamis, have bought a fair amount of land before the decision to build an airport in Navi Mumbai was announced.
Beware! Mobile viruses are on the prowlHigh-end devices become target of virus and malware writers.
Destination US: Indian students way behind ChineseThe US, which has always been an attractive destination for Indian students, has seen only 1 per cent increase in the number of applications in 2010 for the academic year beginning September 2010, against China's 20 per cent increase.
An 'app' a day to keep the doctor awayThe smartphone you carry in your pocket can now inspire you to lead a fit life with a wide range of apps.
August 23, 2010
Another bloodbath in the US markets predicted!The crash prediction was made after Hindenburg Omen -- named after an ill-fated German plane that crashed in 1937 -- was sighted on the technical charts by Jin Miekka, who is credited with making several accurate market-linked forecasts before.
Install server or shut mail: India to BlackBerryToughening its stand, the Indian government has conveyed to the BlackBerry makers to install its server in India for tracking its messenger and enterprise mail service as the offer made by it to provide data from its Canada-based server could be detrimental to national security.
4 NRIs among US's coolest young entrepreneursNaveen Selvadurai, 28, co-founder of social networking app 'Foursquare', 26-year old Vikas Reddy who co-founded technology start-up 'Occipital', Sachin Agarwal, 30 of San Francisco-based start up 'Posterous' and 22-year old Stanford graduate Ooshma Garg have been named in the '30 under 30' 2010 list of 'America's Coolest Young Entrepreneurs' by the New York based magazine.
How China plans to sustain its economic triumphWith China emerging as the second largest economy after overtaking Japan, the ruling Chinese Communist Party made a surprise promise to loosen its firm grip on power structure saying that the gains made out of the economic reform would be lost without political reforms.
Why India must dump 'crore' & move to 'million'Now that the rupee has a symbol that is on its way to global recognition, the time has come for the government to take the next logical step: globalise the way money is counted in India.
1st microfinance IPO turns staff into millionairesA week after SKS Microfinance was listed on BSE, many of the employees are finding themselves in the league of millionaires.
Your verdict! The best airports in India!The World Airport Awards are based on the results from 9.8 million questionnaires completed by 100 different nationality of airline passengers in 2009/2010.
Gift your sister a good financial habitAs individuals get smarter about financial planning, financial services companies have started promoting and packaging products to address the demand.
Energy drinks: Coca-Cola, 2 others in eye of stormCaffeine levels in energy drinks cause of new discord.
Mamata's grand plans for Railways only on paper?The railway minister's indifference to her portfolio, the hesitation to install anti-collision devices that cost Rs 250,000 per km and the debate over the efficiency of home-grown technology are leading to more accidents.
Glimpses of Bill Gates's palatial homeThe earth-sheltered mansion is noted for its design and the technology it incorporates.
Anil Agarwal set to be richest Indian; pips AmbaniThe proposed takeover of Cairn Energy's India business could see Non-Resident Indian billionaire Anil Agarwal emerging as the richest promoter of a corporate house in India ahead of Mukesh Ambani, who has ruled the list for long.
August 20, 2010
When will we get freedom from babudom?The point is that whenever things go wrong, our systems are skilfully structured to instantly protect our bureaucrats.
How Tatas plan to turn around Fiat in IndiaUntil recently, the JV, Fiat India Automobile, was languishing with heavy losses.
Emerging nations' growth to be strongerThe growth in emerging economies like India, China and Brazil, is expected to be much stronger than the industrial economies', an independent bi-partisan US Congressional report has said.
No shock for people! Only 18% IT grads employableAs per the study of over 40,000 technical graduates by assessment technology company Aspiring Minds, a majority of fresh engineering graduates require additional training to be eligible for any job in the IT/ITeS sector.
Ford may soon launch Fiesta hatchback in IndiaFiesta hatchback was launched in the US a while back and the car has been getting good reviews.
How your credit card affects your credit ratingReckless spending on credit cards will lead you into a maze of spiralling debt before you realise what hit you!
How new banking licences could benefit consumersThe apex bank has come out with a discussion paper on entry of new private banks to broaden the reach of banking in the country.
Shiv Sena wants Mumbai to stop soaring for a whileThe trigger is the state government's recent approval for a floor space index of 1.33 for Mumbai city and an FSI of one for the suburbs.
US denies linking Bhopal with India's loan requestHis statement came against the backdrop of a controversy kicked off by his email to Ahluwalia.
The world's best nations to live in: India at 78!Among the 100 countries surveyed by Newsweek magazine, India is way behind Singapore (rank 20), Malaysia (37) and Sri Lanka at 66, with a score of 55 on different parameters.
August 19, 2010
Pix: Bengaluru airport Terminal-1 expansion planBangalore International Airport Limited (BIAL) on Thursday unveiled its Rs 1,000 crore (Rs 10 billion) expansion plan for Terminal One to cater to the increasing passenger traffic which is expected to touch the 17 million mark by 2014-15.
India's 5 most sought after SUVsThe SUV segment is showing good momentum, enough to attract new players.
Nobody's running after H-1B visas anymoreAccording to the latest figures released by the US Citizenship and Immigration Services, just 29,700 people had applied for H-1B visas till August 13.
Mani Shankar Aiyar blasts govt over rural jobsFormer Union panchayat raj minister Mani Shankar Aiyar, lately in the news for denouncing the Commonwealth Games, is aiming his guns much closer to the United Progressive Alliance government's heart, at the way it is implementing the flagship National Rural Employment Guarantee Act.
Taj Hotel's grand plans to be India's bestIndian Hotels hardly has any other option as even domestic competitors such as ITC, the Oberoi group, The Lalit Group etc are fast catching up.
Vote! Who will be the next Tata chairman?The $70-billion Tata Group has embarked on a global search for a successor to Ratan Tata who will retire in 2012.
August 18, 2010
Man who invented Bullet Santi, a boon for farmers!Mansukhbhai Jagani has won patents for his innovation in India and the United States.
Only 18% Indian tech grads fit for a job: SurveyAs per the study of over 40,000 technical graduates by assessment technology company Aspiring Minds, a majority of fresh engineering graduates require additional training to be eligible for any job in the IT/ITeS sector.
Why India needs to reset the National CompassNo nation has achieved greatness when governed by a self-centred, self-absorbed and grasping elite, says Shyam Saran.
Raju gets bail on health issue, docs say he's fineSatyam Computer's tainted founder B Ramalinga Raju on Wednesday secured bail from the Andhra Pradesh high court, over 17 months after his arrest on charges of allegedly fudging the IT company's accounts.
Tata: From fighting fiefdoms to a global giantAfter he took the reins of the group in 1991 amid stiff resistance from within, his task was to stop the breaking down of systems established by his predecessor J R D Tata.
E-choupals: Deveshwar's dream gets hazyLaunched in 2000 with six installations, the number of e-choupals grew to 6,500 in 2007, and at one point of time, ITC was opening six such choupals a day.
7 rules to become a great investorGenerally, savvy investors have certain traits in common and have learned how to handle markets in all their variety. Check out what it takes to be a great investor...
How they converted a comma into big business!It is difficult to bracket Cactus Communications into any industry. Founded by a Wharton graduate in Computer Science, Finance and Accounting and his Mumbai-educated brother with a degree in Commerce, Cactus is rather an industry unto itself.
Best global cities: No Indian city in top 40!Even as five of the world's 10 most global cities are in Asia and the Pacific - Tokyo, Hong Kong, Singapore, Sydney, and Seoul - none of the Indian cities are among the top 40 cities of the World.
August 17, 2010
Skoda to launch small car at Rs 3-5 lakhThe company, a part of the Volkswagen Group, will also introduce its sports utility vehicle, Yeti, and a stripped-down version of its premium hatchback, Fabia, in India by the end of this year.
Rs 786,27,00,000! Total black money seized in FY10The government has seized over Rs 1,764 crore (Rs 17.64 billion) of unaccounted income in the last three financial years, with sectors like real estate, manufacturing and mining generating the most of it, Parliament was informed on Tuesday.
Gold bubble may burst at $2,000!While India remains the largest consumer of gold ahead of China, our citizens unlike the Chinese are yet to start any meaningful diversion of their assets in the bullion to protect themselves against inflation
Visa fee hike: India may drag US to WTOIndia may drag US to the World Trade Organisation for its new "protectionist" move in hiking professional visa fees, a step that will make Indian IT companies less competitive in the American market.
Pix: Jaguar turns 75!The brand from the Tata stable has turned around after its bad economic phase.
From Rs 2 a day to Rs 500,000 a month!P Muthulingam is a successful young entrepreneur who began working at age seven at Rs 2 a day. . .
Panel blasts Sterlite; dubs mining project illegalAfter one stop-work order on the Rs 54,000-crore Posco project, a four-member panel appointed by the Union ministry of environment and forests has dealt a body blow to yet another big-ticket investor in Orissa, the London-based Vedanta Resources Ltd.
Meet India's minister for non-clearancesIn the last 10 days, at least two high-profile companies joined the long list of those whose mega projects have come under the ministry's scanner.
Wipro plans second pay rise in OctoberSources in the company said the company had already started appraisals to give the hike from October. The Azim Premji-owned company -- which also has interests in consumer care, lighting and engineering equipment -- usually gives salary hikes to its offshore employees in October and onsite employees in January.
Crack this case and win Rs 25,000!All you have to do is read the case, click on the Smart Manager logo below, and post your solutions by September 9, 2010.
Why tablet PCs will be a hitAround 10 million users are expected to buy tablet PCs this year.
August 16, 2010
10 most searched-for cars on the Internet in IndiaHere is a list of most searched-for cars on the Internet in the month of July 2010.
The secret behind AirAsia's successLast week, AirAsia launched a daily Airbus A-330 flight from Delhi to Kuala Lumpur at a basic fare of, hold your breadth, just Re 1 for two days.
H-1B visas: Corporate America backs Indian IncIn a latest report on immigration, US Chamber of Commerce, which is world's largest chamber with more than 3 million members, asserted that such an allegation against Indian companies is 'hyperbole'.
Why every business MUST care about social media!Here are some learnings and points of view on why should a business pay attention to and invest in social media.
What rules are you talking about, Mr Obama?Doesn't matter if Enron or Lehman didn't tell the truth - they aren't Indians, says Sunanda K Datta-Ray.
How people have been duped by builders: Your voiceDespite the inflated rates, bad management, and several issues that have affected thousands of consumers, builders just get away.
India's 5 most-valued business groups; Tatas leadCoinciding with the beginning of a search for chairman Ratan Tata's successor, the Tata Group has become the country's wealthiest, with a market value of about Rs 371,000 crore (Rs 3,710 billion) -- higher than that of the business houses led by the two Ambani siblings.
August 13, 2010
From a candle-seller to a multi-millionaire!Naresh Gulati learnt invaluable lessons of entrepreneurship from each of his failed endeavours.
Nations where office-goers face worst trafficLong-distance commuting is still the norm despite progress in flexible working practices with 20 per cent of commuters globally and 26 per cent in India travelling over 90 minutes everyday, a survey revealed.
Challenges Ratan Tata braved; what successor facesThe job of Tata Sons chairman might be the most prestigious in India Inc, but it comes loaded with challenges.
How he is putting Lifestyle back on trackThe closely-held company, which runs 22 Lifestyle departmental stores, 11 Home Centre furniture and household accessory stores and six value format Splash stores, had totted up losses of Rs 46.5 crore (Rs 465 million) in the first nine months of 2008-09, up sharply from Rs 18.9 crore (Rs 189 million) in the whole of 2007-08.
3 cars that pose a serious threat to Alto K10The car has been launched in two variants.
Now, HR lessons for corporates through theatreslide-show-1-now-corporates-to-get-hr-lessons-from-theatre
A new journey begins for MakeMyTripAt $14 a share, MakeMyTrip would be valued at $478 million (Rs 2,236 crore), or five times recent sales.
Home buyers, pay attention to paperwork!A home is on everyone's wishlist. Obtaining home finance is however not an easy task and involves several steps to be completed in tandem. One such step is gathering all the critical documentation needs without which a bank or lender may not sanction a loan. This article attempts to provide a detailed account of the different documents that need to be in place before you can avail a loan.
GVK Power's strategy for successGVK's 65-year-old patriarch has shed some of his conservatism and is stepping on the gas.
August 12, 2010
Mumbai's Taj reopens, shrugs off terror attackThe 287-room flagship hotel has been undergoing extensive renovation post the terror attacks.
Despite curbs, UK cos lap up Indian techiesBetween April and June, 186,000 people started work in Britain, of which 145,000 were foreigners and 41,000 were British.
BlackBerry users, you are safe for nowMeanwhile, a top official of RIM paid a courtesy visit to Home Minister P Chidambaram.
Too many TV channels? Here's how to see best showsModelled on TV guidance channels worldwide, What's On India launched India's first consumer TV guidance channel in December 2009.
H1-B visa row: US officials start damage controlBut there is no unanimity within the Obama Administration on this issue that has the potential to jeopardise the Indo-US business ties.
Here's how even flop films make tons of money now!Here's how even flop films make tons of money now!
Vote for the best airport in India!The World Airport Awards are based on the results from 9.8 million questionnaires completed by 100 different nationality of airline passengers in 2009/2010.
China woos BPOs with sops, blow for IndiaIn a bid to end India's dominance in the outsourcing industry, China has announced that it will not levy operating taxes on offshore service outsourcing business in 21 of its key cities till 2013 to promote growth of the industry.
August 11, 2010
American Inc flays move to raise fee for IT prosThe American corporate sector has flayed the US government's move to increase visa fees for IT professionals, saying the bill is "discriminatory" against foreign companies and would undermine investment relations with India.
Bye, bye, malaria? Solar mosquito trapper is here!His mission is to create a mosquito-free environment in the most innovative and cost-effective manner.
Booked a Sahara housing project flat? Read this!Much-delayed housing projects and a lack of transparency in group dealings mar Sahara's attempts to raise money from the public.
Tata's successor must be from family: ModyMody, 92, held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
Obama's India opportunity in higher educationA major 'deliverable' for Prime Minister Manmohan Singh's visit last fall to the United States was the launching of the Obama-Singh 21st Century Knowledge Initiative.
America Inc outraged at chop shop slur on InfosysThe Washington-based USIBC represents some 350 American companies, including many in Fortune 500 list, like Boeing, Wal Mart, PepsiCo and General Motors and Lockheed Martin that do business in India.
Pesky calls/SMSes? Here's what the aam aadmi saysMany MPs have complained that unsolicited calls have become a regular feature on their phones and sought a ban on these telemarketing calls.
World's 10 costliest citiesA recently published Cost of Living Survey from Mercer is full of surprises.
10 worst oil spills that cost trillions in lossesOne of the biggest maritime disasters in India, the collision between MSC Chitra with MV Khalijia-III on Saturday about five kilometres from Mumbai island has brought maritime activities to a grinding halt.
August 10, 2010
250,000 Nanos from Sanand this year: TataTata Motors on Tuesday said it will ramp-up capacity at its Sanand (in Gujarat) facility that manufactures its low-cost car, Nano, to over 20,000 units per month and 2.5-lakh units annually by this fiscal.
US visa fee hike to cost Indian firms $200 mn moreTerming an American proposal to increase visa fees as discriminatory, Commerce and Industry Minister Anand Sharma on Tuesday said the increase would cost Indian firms $200 million extra a year and make them less competitive.
Despite grand plans, Air India losing passengersIn just the last quarter, the airline's market share has fallen from 17.8 per cent to 16.9 per cent.
Infosys will get new chief before I retire: MurthyInfosys chief mentor and chairman N R Narayana Murthy on Tuesday said the company co-founded by him will get his suitable successor well in time before his retirement in August 2011.
US jobs will not go to India, China: ObamaUS President Barack Obama has said that America had returned to robust competitiveness and the danger of jobs and industries fleeing to countries like China, India or Germany was over.
Who will be the king of India's markets?The real battle is between NSE's Ravi Narain and FT's Jignesh Shah.
How a school dropout empowers rural womenHis innovation to churn out low-cost sanitary napkins is a double boon to poor women of rural India - they are hygienic and help them earn their living.
World's 10 most inexpensive citiesInterestingly, the only Indian city to figure in the list is Kolkata, capital of West Bengal.
How India can become a manufacturing powerhouseEnclaves are always a second-best solution to achieving system-wide efficiencies, but it would seem that that is the only practical option left for India to become a manufacturing major.
August 09, 2010
Infy distressed at 'chop shop' slur by US senatorSoftware giant Infosys on Monday took strong objection to a United States senator describing it as a 'chop shop' and asserted that the company was a responsible corporate that creates jobs and provides high quality services across the world
My successor won't be anti- or pro-Parsi: TataDismissing all suggestions that only a Parsi with a Tata name would succeed him, Tata Group chairman Ratan Tata on Monday said that the new incumbent would neither be a pro-Parsi nor an anti-Parsi, but the 'right person'.
UPA has ensured food security for rats, says LeftIn a scathing attack on the United Progressive Alliance government, CPI(M) general secretary Prakash Karat said that the government had failed in all its economic policies and that is why the aam aadmi in the country is suffering. Exceprts from his speech:
The 10 top telecom companies in IndiaThe telecommunications industry in India is one of the fastest growing sectors in the world. The booming telecom industry has been attracting large amount of investments in the country.
Why is India wasting its time chasing BlackBerry?A terrorist would not choose to use a BlackBerry that can be linked to his identity, says Prasanto K. Roy.
The dream of a Hardoi weaverLivelihood and skilling programmes focus on new skills while traditional skills wait for a messiah.
If India became world's 3rd largest economy. . .With minimum fuss and hardly any noise or bragging, China informed the globe that it is now the world's second largest economy. Now imagine, if India became the world's third largest economy what would happen.
6 GOLDEN tips to help you create wealthInvesting in the stock market and deciding to buy a particular stock are two different decisions. The latter requires proper analysis.
Ratan Tata named 'Businessman of the Decade'"Thank you so much for such great honour and this rather humbling introduction. I am deeply moved and I hope I can live up to the expectations you have as to last for 10 years," said Tata.
Time for mobile users to ring in recyclingMobile phone and PC makers gobble up three per cent of the world's entire gold and silver supply each year, not to mention 13 per cent of palladium, 15 per cent of cobalt, and plenty of copper, steel, nickel and aluminum.
How BlackBerry ban will hit the common user!India is estimated to have over 11 lakh (1.1 million) BlackBerry users.
Narayana Murthy's son to wed TVS's Lakshmi VenuRohan Murthy, the only son of his parents, has found his life partner in Lakshmi Venu, the 26-year-old daughter of TVS Motor co-chairman Venu Srinivasan. In no time after confirmation from the bride and the groom, the two families sealed the merger of souls with their engagement in Chennai on Friday evening.
August 07, 2010
Ratan Tata is 'Businessman of the Decade'The Federation of the Indo-Israeli Chambers of Commerce (FIICC), on August 6, bestowed the 'Businessman of the Decade' honour upon Ratan Tata, who heads the $71-billion Tata empire.
August 06, 2010
These billionaires will donate half their wealth! American billionaires have pledged to eat into their wealth and give half of it away in an unprecedented act of philanthropy.
Is Altis GL Diesel worth the price? Find outThe Toyota Corolla Altis sold in other Asian markets, is also powered by the same 1.4-litre D4-D engine that churns out similar power.
The 10 top entrepreneurs from GujaratGujarat accounts for 15.14 per cent ($114.52 billion) of the total investments in India, highest amongst all states in India, according to the Vibrant Gujarat web site.
7 big investment risks and how to tackle themInvestment risk implies the possibility of receiving lower than expected return, or not receiving any return at all, or even not getting your principal amount back.
Petrol price may be hiked againWith inflation at peak levels, a further rise in petrol prices would again lead to higher prices.
The cool Nissan Micra, test driven!The new Micra looks stunning compared to the earlier versions. The front and the rear views are appealing and the colours offered by Nissan are also very captivating.
How she became an entrepreneur, against all odds!Revathi Roy, founder-promoter of For-She, an avid rally driver has been driving cars for the last three decades.
How India and China can help each otherIndia and China have the opportunity to develop strategic commercial interests that are mutually beneficial.
Why rural BPOs are successful businessesSetting up of rural BPOs is no longer being perceived as just corporate social responsibility. These are viable businesses.
The story behind the amazing marketing of 3 idiots3 Idiots happens to be the biggest grosser of all times in Bollywood. Sample this: the film has so far made Rs 335 crore (Rs 3.35 billion); overseas, it has grossed $16 million (Rs 71 crore).
India planning cyber war against hackers!The Indian government is set to launch a counter offensive after it faced several attacks on its computer systems especially from the Chinese.
August 05, 2010
How to make India slum-free in 5 yearsPrivate players may soon be roped in for developing slums under the Manmohan Singh government's ambitious Rajiv Awas Yojna.
CWG: Panel seeks insurance against cancellation!The committee will float the tender by September 15, less than three weeks before the Games begin in New Delhi.
BlackBerry ban fears: What the issue is all aboutGovernment has already warned the popular smartphone company that if it does not allow it to monitor emails and short messaging services to address security concerns, it will have to close down operations in the country, spelling trouble for over a million BlackBerry users in India.
With only Rs 1,000, you can fund the next Google!Thanks to the innovative concept of 'crowd funding', anyone can now become a shareholder in new projects and partake in their profits.
How to curb soaring prices? Aam aadmi's recipeInflation is gnawing at the nation's entrails and people's appeals to the government have had no impact whatsoever.
India's 10 largest IPOsIndia's largest ever public offer to raise up to Rs 15,000 crore (Rs 150 billion) will hit the market by the third week of October.
This is why private medicare in India is sick on why the very purpose of medical insurance to make treatment affordable is being lost out entirely.
Toyota Corolla Altis diesel redefinedToyota Kirloskar Motors Limited has launched the diesel version of Toyota Corolla Altis in the country recently.
Smaller Indian cities are hot IT, BPO destinationsIT and BPO companies are looking at tier II locations in the country to support global delivery.
August 04, 2010
Bellary: What led to rampant mining of iron oreHuge demand due to the Beijing Olympics and high profits from the rich Bellary ore led to unbridled mining in Karnataka.
Delhi-Agra, Lucknow-Patna bullet trains soon?At present, the ministry is studying the feasibility report about development of a high-speed corridor between Pune and Ahmedabad via Mumbai.
India's highest paid CEOsVaidyanathan, former managing director and CEO of ICICI Prudential Life Insurance, as a sign-on bonus got 20 lakh (2 million) warrants worth Rs 47.40 crore (Rs 474 million), <I>DNA</I> said.
Aston Martin to hit Indian roads soonBritain's luxury car brand Aston Martin is planning to launch its Rapide in India most probably by the end of this year.
Why Gujarat is home to India's wealth-creatorsGujarat's investor-friendly policies have spawned a thousand wealth-creators.
Food price rise? Here's Pawar's prescriptionWhile the progress of the monsoon has brightened the prospects of foodgrain production, the fall in sown area is a matter of concern, Agriculture Minister Sharad Pawar tells
.
Govt to gobble up 3G cash; wants Rs 50,000 cr moreThe spending will erode the surplus generated through the sale of spectrum and could put pressure on fiscal deficit management.
'Govt should be an enabler, not an inept provider'Economist Jessica Seddon Wallack says many opportunities exist outside the government, but the government must make sure people are ready and able to seize these opportunities.
Home loan: Fixed, floating or hybrid?One of the major decisions revolving around purchasing a home is the type of home loan you should take. Primarily, you have to make a choice between two basic types of loans -- fixed rate home loans and floating rate home loans.
What if you missed your tax filing deadline?The last date of filing returns for the FY 20009-10 has just passed us. It is quite possible that some of us may not have been able to file returns before the last date. What happens then? Is there any way out?
Loan on your credit card: Should you opt for it?Loan on credit card is similar to personal loans, but this is pre-approved, and it comes without the need for any documentation.
Here's how to control soaring prices: FM's formulaResponding to the price rise debate in Lok Sabha, Mukherjee said that it should be tackled by leaders across all the political parties.
August 03, 2010
Innovators' woe! Amphibious cycle makers in penuryYou can move on land and water with ease thanks to these bicycles designed by Dwarka Prasad Chaurasiya and Mohammed Saidullah about three decades back.
UPA-II: Debate moves to infrastructureA K Bhattacharya on the deliberations in the government that have moved beyond fiscal policy to infrastructure, land rights for tribals, and so on.
Where is the much-hyped second green revolution?Given the anticipated overall GDP growth of over 8 per cent, the poor acceleration in the farm sector that still supports nearly 65 per cent of the population is an indictment of the strategy of 'inclusive growth'.
Will this man be the next Tata Group boss?What strengthens this view further is that he is also the son-in-law of Pallonji Mistry, the largest single shareholder in Tata Sons, the controlling arm of the diversified Tata Group, with an 18 per cent stake.
Toyota Yaris, Vios not for India, yetWhile Yaris is a hatchback, Vios is its sedan version.
Obama isn't letting jobs go to India, ChinaUS President Barack Obama has said that the new economic plan of his government focused on making the middle class more secure and the country more competitive so that the jobs and industries of the future were not outsourced to China and India.
'In 15 years, India will be what China is today'Noted economist Arvind Panagariya says India is an emerging power. With liberalisation, Indian entrepreneurs have emerged and they are top class.
A dummy's guide to G-Secs investmentThe RBI issues these securities via an auction mechanism through out the year on a calendar schedule.
August 02, 2010
Yours truly, a farmer on why eco-friendly farming while indispensable cannot immediately ensure self-sufficiency in food production for the entire nation.
Non-Cong states implementing UPA schemes better!The statistics (compiled till May), presented and analysed by the Performance Review Committee of the ministry last week, show that states run by UPA governments have not made much advance in implementing its signature rural development schemes.
Internet users: The top 20 countriesThe top 20 countries on the Internet together have 1.47 billion users.
Here's why Mumbai's infrastructure is patheticThe revenues of Mumbai are controlled by politicians, whose constituencies lie deep in the Maharashtra hinterland. Using that money to improve living conditions in Mumbai would do nothing to help them win re-election.
New portal for rail tickets to hit IRCTCCome October and Indian Railways Catering and Tourism Corporation (IRCTC) will receive another setback, when the alternative portal being developed by the Centre for Railway Information Systems (CRIS) according to the ministry's directions goes on air.
More rich households in India than low income onesThe growing economy has spun a wheel of fortune for Indians, with high income households outnumbering those in the low category for the first time at the end of 2009-10, according to estimates made by think-tank NCAER.
Old they may be, but sell like hot cakesHere is a list of a few cars that are still top of their segment after years.
Biyani sees a Rs 8,500-cr NBFC giant'Anything you buy from any Future outlet should have financing options by us'
Archives
July 2010 |
June 2010 |
May 2010 |
April 2010 |
March 2010 |
February 2010