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Thu, 2 Jul 2009 21:13:00 GMT

Zedds plans more stores

Our Bureau Hyderabad, July 2 Zedds, the domestic fashion footwear brand, today opened its second fully owned outlet in Hyderabad and has announced plans to set up 15 stores within two years. The Director of Zedds, Mr Rajesh Rawtani, said the company is
Thu, 2 Jul 2009 21:13:00 GMT

End users important in corporate reporting

Our Bureau Hyderabad, July 2 Corporate reporting and financial practices should keep the end users in mind, said Mr P.R. Ramesh, National Director, Audit & Enterprise Risk Series, Deloitte, Haskins & Sells. Delivering the keynote address at a national
Thu, 2 Jul 2009 21:13:00 GMT

Satyam exports at Rs 4,232 cr; tops list from AP

Our Bureau Hyderabad, July 2 Satyam Computer Services (now renamed Mahindra Satyam) may have brought some disgrace to the IT fraternity in India and its founder Ramalinga Raju may be still languishing in prison. But, Satyam still topped the list of
Thu, 2 Jul 2009 21:13:00 GMT

NTPC bid to spread use of new technique for fly ash products

NTPC brought together nearly 75 entrepreneurs engaged in the use of fly ash for different applications to showcase the latest technique developed by NIIST. V. Rishi Kumar Hyderabad, July 2 More entrepreneurs are now getting into production of bricks and
Thu, 2 Jul 2009 21:13:00 GMT

Homosexuality: where does India figure?

Extract not available.
Thu, 2 Jul 2009 21:12:00 GMT

where does India figure on global map

Extract not available.
Thu, 2 Jul 2009 21:12:00 GMT

Back to Mumbai

When we lived in England in the 80s, Britain had problems with racial harmony but it was not obvious. Tensions existed but they remained below the surface; daily life went on without social eruptions. There were racial prejudices but the social form was
Thu, 2 Jul 2009 21:12:00 GMT

Outsourcing industry needs next dose of boost

With the worst of the global crisis probably past us, India Inc can now ready itself for future opportunities. Now is a good time through the Union Budget to support entrepreneurship that will help our country recover its high growth rates, as liquidity
Thu, 2 Jul 2009 21:12:00 GMT

Focus on export industry to bring investments

was essentially a growth driven budget with good signals on the overall industry. The global recession had no impact on Indian economy because of the timely and corrective actions by the policy makers. The continuous duty reduction has helped in price
Thu, 2 Jul 2009 21:12:00 GMT

Impose a cess to fund social sector infrastructure

The Government should make gas pipeline in the country a top priority and also set up a nodal agency such as the National Highway Authority of India for speedier implementation and funding. Besides this, we also propose setting up of an independent
Thu, 2 Jul 2009 21:12:00 GMT

Bring clarity on tax applicable to software

Information and communication technology is a key enabler in the development of India. The Government has a historic opportunity to truly empower India with an IT status and consolidate economic gains of recent years and accelerate the countrys growth.
Thu, 2 Jul 2009 21:11:00 GMT

Car-makers cautious despite buoyant Q1 sales

Manu P. Toms Mumbai, July 2 Despite sales being quite buoyant in the first quarter, the passenger car industry is still cautious about the future. Market leader Maruti Suzuki grew 18 per cent to clock 2.27 lakh units in the April-June period while
Thu, 2 Jul 2009 21:11:00 GMT

Strasberg Institute comes to India

Hyderabad, July 2 Lee Strasberg Theatre and Film Institute, the New York headquartered company, plans to open two locations in India at Hyderabad and Mumbai by early 2010. The move would be in partnership with Optimus Management Group, Connecticut. The
Thu, 2 Jul 2009 21:11:00 GMT

El Nino trends may spare Indian monsoon for now

Vinson Kurian Thiruvananthapuram, July 2 The Australian Bureau of Meteorologys (BoM) warning about a growing El Nino features an escape clause for India monsoon, given the warming trends in tropical Pacific as on date. On Wednesday, the BoM said more
Thu, 2 Jul 2009 21:11:00 GMT

Allow private players in coal mining, divest sick CIL arms

Our Bureau New Delhi, July 2 The has made a strong pitch for the entry of private players in the coal mining sector to help reverse the substitution of domestic coal by imported oil and coal. It has also suggested the listing of Coal India Ltds two sick
Thu, 2 Jul 2009 21:11:00 GMT

Seraiki province as a bargaining chip

While the issue of a separate Seraiki province has so far been raised mainly by the intellectuals and out-of-mainstream politicians, it is now on the agenda of the political elite also. The Seraikis have a language of their own. They also have a
Thu, 2 Jul 2009 21:11:00 GMT

CIL to float tenders for development of underground mines in 7 blocks

The blocks spread over West Bengal, Jharkhand, Orissa, Madhya Pradesh, Chhattisgarh and Maharashtra are estimated to have geological mining reserves of approximately 1,200 million tonnes. Pratim Ranjan Bose Kolkata, July 2 Coal India Ltd will float
Thu, 2 Jul 2009 21:11:00 GMT

Inflation rate drops 1.3%

Our Bureau New Delhi, July 2 The annual Wholesale Price Index-based inflation stayed in the negative territory for the third week in a row, falling 1.3 per cent for the week ended June 20 after tumbling 1.14 per cent the previous week. The dip in the
Thu, 2 Jul 2009 21:10:00 GMT

Cabinet approves re-introduction of Cos Bill

Our Bureau New Delhi, July 2 The Cabinet on Thursday approved the re-introduction of the Companies Bill, 2008, as Companies Bill, 2009. The Bill aims to revise and modify the Companies Act, 1956 in consonance with the changes in the national and
Thu, 2 Jul 2009 21:10:00 GMT

Cotton exports dip in June

Trade sources believe that the country may not even achieve the revised export target of 40 lakh bales Suresh P. Iyengar Mumbai, July 2 Cotton exports plunged 64 per cent in June to 92,071 bales (of 170 kg) against 2.56 lakh bales exported in May,
Thu, 2 Jul 2009 21:10:00 GMT

Jet, Sahara tax liability case hearing put off to July 15

Our Bureau Mumbai, July 2 The Bombay High Court has, yet again, adjourned the tax liability dispute case between Jet Airways and Sahara India Commercial Corporation to July 15. The Court drove home the point that the parties should sit across the table
Thu, 2 Jul 2009 21:10:00 GMT

Court order may open doors for more mobile players

DoT had changed the cut-off date for applications 23 companies did not get licences because of this change Our Bureau New Delhi, July 2 More than 20 companies including AT&T, Moser Baer, Sterlite Technologies and Hinduja Group can hope to get a mobile
Thu, 2 Jul 2009 21:10:00 GMT

Spotty data taking toll: RBI guv

Mumbai: Reserve Bank of India (RBI) governor D Subbarao has lambasted the weaknesses in the country?s data system that are posing challenges to monetary policy formulation. The governor gave a specific example of the wholesale price index, which is used
Thu, 2 Jul 2009 21:07:00 GMT

Fuel price hike boosts PSU oil firms

Shares in state-run oil companies jumped on Thursday after an unexpected hike in government-set fuel prices raised hopes of a lower fuel subsidy burden for the companies. Late on Wednesday, Govt unexpectedly raised gasoline and diesel prices by as much
Thu, 2 Jul 2009 21:07:00 GMT

Oil trades below $70 per barrel

Oil prices recovered modestly but remained below USD 70 in Asian trade after overnight losses on US energy demand concerns, analysts said. New York's main contract, light sweet crude for August delivery was 14 cents firmer at USD 69.45. Brent North Sea
Thu, 2 Jul 2009 21:07:00 GMT

Kavveri Telecom Products acquires Trackcom Systems International

(Datamonitor Financial Deals Tracker via COMTEX) -- Kavveri Telecom Products Limited, through its wholly-owned subsidiary Kavveri Technologies Int., has acquired Trackcom Systems International (TSI), a design and development company.
Thu, 2 Jul 2009 21:07:00 GMT

Magma Fincorp reports a lower net profit

KOLKATA: Magma Fincorp reported a lower net profit of Rs 6.80 crore for the fourth-quarter (Q4) ended March 31, 2009, compared to a Rs 25.02 crore net in the earlier corresponding period. The lower Q4 net comes despite a marginal 6.24 % growth in Magma
Thu, 2 Jul 2009 21:05:00 GMT

Parmeet Ahuja to head Agilent in India

NEW DELHI: Agilent Technologies, Inc, the world?s premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis, has appointed Parmeet Ahuja as the new country general manager of Agilent India.
Thu, 2 Jul 2009 21:05:00 GMT

Growing MindTree: Can Added Services and a 'Gardener' Help the IT Firm Reach New Heights?

A decade is a significant milestone for any organization. For MindTree, the Bangalore-based information technology (IT) company that began operations in August 1999, a decade signifies even more. Started by 10 senior IT professionals from leading firms
Thu, 2 Jul 2009 21:04:00 GMT

Frame by Frame, Indian Animators Move Up the Value Chain

The Mumbai studio of Crest Animation is abuzz with activity. A 250-strong team is putting the final touches on the animated feature film Alpha and Omega, a love story about two kidnapped wolves trying to get back to their pack. In another few months, the
Thu, 2 Jul 2009 21:04:00 GMT