Recent Entries

• Reliance Industries plans flagship shopping mall in Delhi

  by Sindhuri G August 29, 2012
  NEW DELHI: Reliance Industries plans to build a flagship shopping mall in South Delhi - a part of a plan to invest heavily in real estate to complement its retail business. Reliance will construct a 720,000 sq ft commercial complex at Alaknanda on a plot it won in a Delhi Development Authority bid ...

• Tata Steel's domestic business may drag global play; woes may w

  by Sindhuri G August 29, 2012
  MUMBAI: For Tata Steel, India's largest private sector steelmaker, its profitable domestic operations helped cushion much of the pain caused by its wholly-owned European subsidiary. But not anymore, as India's oldest steelmaker is confronted by a sharp fall in profits in the June quarter at its Indi...

• Don't want the UPA government to collapse, says Mamata Banerjee

  by Sindhuri G August 29, 2012
  KOLKATA/NEW DELHI: In what signals a clear reluctance of Congress allies to rock the UPA boat, Trinamool Congress chief Mamata Banerjee has said that her party wanted the government at the Centre to complete its term. "We want the UPA government and will not like it to collapse," Banerjee told repo...

• IBM introduces new powerful mainframe computers

  by Sindhuri G August 29, 2012
  ARMONK: IBM on Tuesday introduced a new line of mainframe computers the company calls its most powerful and technologically advanced ever. IBM said its zEnterprise EC12 mainframe server is designed to help clients securely and quickly sift through massive amounts of data, meeting the demands of ret...
  comments

• BJP playing Mao's dictums on politics & annihilation of enemy

  by Sindhuri G August 29, 2012
  When politics develops to a certain stage beyond which it cannot proceed by the usual means, war breaks out to sweep the obstacles from the way... If the obstacle is not completely swept away, the war will have to continue until the aim is fully accomplished... It can, therefore, be said that politi...

• Our party doesn't have the numbers

  by Sindhuri G August 29, 2012
  The conundrum is whether alliance partners supporting the government would like to go to the 2014 polls with the burden of the floundered performances of the Congress party. UPA-II stands rattled year after year with corruption charges: Commonwealth Games, Adarsh housing scam, Aircel-Maxis deal, 2G...

• Govt-sponsored schemes: Meant for poor, but beyond their reach

  by Sindhuri G August 29, 2012
  We have constructed a governmental welfare scheme which has been a machine for producing poor people. . . I'm not blaming the people. It's our fault for constructing so perverse and so ill-shaped a monster - Milton Friedman Meena Udhav Uchit, an elderly woman from Nagthana village in Washim Distri...

• Branded gold & diamond jewellery attracting Indian buyers

  by Sindhuri G August 29, 2012
  First the good news: India consumed 125 tonnes of gold in pure jewellery form in the April to June quarter of 2012. "That will be more than what the entire US market will consume this year," reckons David Lamb, managing director, jewellery, World Gold Council (WGC), an association of the world's lea...

• Indians are saving less, government can do much to boost it

  by Sindhuri G August 29, 2012
  Two things are apparent from the Reserve Bank of India's recently-released annual report. Numbers there show that household savings fell sharply from 25.4% of GDP in 2009-10 to 22.8% of GDP the following year. The entire drop was due to a fall in financial savings, because households recorded a slig...

• IRCTC to launch 'Rolling Deposit Scheme' for e-ticket

  by Sindhuri G August 29, 2012
  NEW DELHI: Seeking to make it easier to book e-tickets, Indian Railway Catering and Tourism Corporation (IRCTC) has decided to launch a scheme allowing passengers to reserve seats against advance money kept with the corporation. "We have decided to launch Rolling Deposit Scheme (RDS), a hassle-free...

• B-schools including IIMs reviewing human resource curriculum af

  by Sindhuri G August 29, 2012
  MUMBAI: A month after labour unrest and violence erupted at Maruti Suzuki's Manesar factory, the reverberations are now being felt at some of India's top business schools. Many of them, including at least two IIMs, are reviewing their human resource curriculum to re-include industrial relations. Com...

• Tech Mahindra in talks to buy Bharti arm Comviva Technologies f

  by Sindhuri G August 29, 2012
  NEW DELHI: Billionaire Sunil Bharti Mittal-led Bharti Group is in advanced discussions to sell Comviva Technologies, a mobile financial and value-added services (VAS) solution provider, to Tech Mahindra, the Mahindra group's IT arm, for around Rs 750 crore. This will be the second sale of a private...

• HDFC warrant holders reap a windfall on conversion

  by Sindhuri G August 29, 2012
  MUMBAI: Equity warrants may have lost their charm as an investment option in a languid market, but HDFC shareholders may have no reason to complain as their investments in warrants of the country's largest housing finance company have yielded higher returns than benchmark indices. HDFC shares have ...

• Dil Chahta Hai back on the big screen

  by Sindhuri G August 28, 2012
  Farhan Akhtar's Dil Chahta Hai will soon be back on the big screen. No, the producers are not planning to re-release the film, it's just that the Aamir Khan-Saif Ali Khan-Akshaye Khanna starrer forms a crucial part of a scene in Chal Pichchur Banate Hain. The lead character, Suraj Kumar (Rahil Tan...

• HDFC Bank launches co-branded credit card with Jet Airways

  by Sindhuri G August 28, 2012
  MUMBAI: Jet Airways and HDFC Bank today launched a co-branded credit card, which offers a slew of benefits and rewards to frequent flyers of the country's largest airline. Jet's alliance with the second-largest private bank comes after the airline terminated its 12-year association for co-branded c...

• Christie's to acquire iconic London Underground posters

  by Sindhuri G August 28, 2012
  KOLKATA: Christie's is gearing up to unveil a never-to-be-repeated opportunity to acquire iconic London Underground posters direct from the archives of London Transport Museum (LTM). The auction, featuring over 300 original advertising posters dating from 1913 to 1955, will be held at Christie's Sou...

• Sotheby's sale of South Asian Art to feature high quality works

  by Sindhuri G August 28, 2012
  KOLKATA: Sotheby's sale of Modern and Contemporary South Asian Art in New York on September 10, 2012 features high quality works from the 1950s to 1980s that are largely drawn from four private American collections. These include the Abe and Jan Weisblat Collection, the most important collection of...

• Saffronart to field first auction of 'Indian Folk and Tribal Ar

  by Sindhuri G August 28, 2012
  KOLKATA: Auction house Saffronart will field its first auction of 'Indian Folk and Tribal Art and Objects' on August 21-22, 2012. This auction, the latest in Saffronart's series of sales, will showcase a selection of artworks and artefacts representative of the contemporary visual culture and artist...