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Budget 2012: Indian Venture Capital Association to approach finance minister over budget concerns

A dismayed venture capital industry plans to complain to the finance minister that he has given them a raw deal in the Budget.

Why rural connect of Indian MNCs is a boon

The rural DNA of Indian MNCs is their biggest strategic asset that will be hard for any other country to match.

Budget 2012: IT & ITeS industries seek focus on e-governance

The IT/ITeS industries have added 7.96 lakh jobs in the Indian economy during the one year period ending September 2011, according to the Economic Survey 2011-12.

India warns student stabbing in Australia may hit ties

India condemned the fatal stabbing of an Indian student in Australia and warned that the attack, which was the latest in a series of assaults, could put bilateral ties under strain.

Fancy being an amateur food critic? The chefs may actually hate you

The accounts on most food blogs veer between the plain pedestrian and gushing, to the self-important, notice-me pieces.

Kerala's satellite broadcaster Asianet being split into 4

Asianet, led by former BPL Mobile owner and venture capitalist Rajeev Chandrasekhar, is being split into four as part of a restructuring exercise that may lead to the entry of new investors in a couple of them.

Som Mittal to be tried in employee's murder: Report

India's Supreme Court cleared the way on Thursday for the former head of Hewlett Packard's Indian outsourcing arm to be prosecuted for negligence in an employee's murder.

Kingfisher likely to commence ops to Sri Lanka from Sept

Indias private air carrier Kingfisher Airlines is likely to begin its operations to Sri Lanka from September this year.

Infosys unveils Finacle 10 with new set of offerings

Infosys Technologies Limited on Wednesday announced the launch of Finacle 10, the latest version of its universal banking solution, with a new set of offerings including Islamic banking.

GMR puts sugar biz on the block

The promoters of GMR Group, one of the fastest growing infrastructure organisations with interests in airports, energy, highways and urban infrastructure , are looking to exit their sugar business.

Relocation of HLL food arm eats into B'lore ad pie

HLL’s foods division shifting base to Mumbai, to the proposed state of the art corporate office at Andheri, is not good news for the Bangalore ad fraternity that will suffer a jolt of Rs 50 crore.

Budget 2012: Infosys hopes for reforms; Genpact not sure

Infosys chief Gopalakrishnan expressed hope that DTC & GST will be pushed through in Budget 2012, while Genpact feared reforms will be tough going forward.

50 CAT centres closed today after system failures disrupt exam

Online CAT exam in around 50 centres was today rescheduled for repairs at the labs where technical glitches disrupted exam on the first day. 10 useful tips to crack CAT

Asian Hotels: Demerger to unlock value for shareholders

THE Delhi-based Asian Hotels (AHL), one of the largest players in the hospitality business, has got its shareholders’ approval to demerge the company into three independent entities.

Pub attack: Ram Sena chief Muthalik arrested

Rashtriya Hindu Sena president Pramod Muthalik was arrested in Belgaum.

Chief mentor of Infy is chief editor at ET

On Thursday evening, six executive directors of Infosys will step into the offices of The Economic Times in Bangalore as guest editors for a day.

Outbound passengers may pay Rs 1K fee to fund facelift

Flying out of IGI will soon cost more. Outbound passengers will pay anywhere up to Rs 1,000 as airport development fee (ADF) to partly fund the ongoing Rs 9,000-crore airport development programme that’s hit a revenue crunch in this slowdown.

ISRO launches Israeli satellite: Report

India successfully launched an Israeli satellite in a mission carried out under a veil of secrecy.

LG, Samsung, Sony, Panasonic expect robust smart TV sales this year

But companies don't expect smart TV prices to fall any time soon with the entry of more advanced products or increased competition.

Foreign investors vie for deals in India’s infrastructure sector, but hurdles persist

Such deals could go some way to relieve developers of some of their debt burden, but what’s likely to hold investors back from signing on the dotted line?

Hotels bet on tweets and Facebook likes to drive future business

Hoteliers believe social media will eventually become a key distribution channel that drives bookings and trial and generates revenue.

Higher acreage fails to rein in maize prices

Maize prices have continued to show a marked uptrend though the fact remains that acreage has risen and the country is expected to witness a rabi maize crop of three million tonnes.

BSNL franchisee a non-existent firm: CPM

Even as the government faces Opposition onslaught over 2G spectrum, CPM on Tuesday raised questions about the existence of a Kolkata-based company shortlisted for a franchise for BSNL’s Wi MAX.

Is the tech-enabled economy making us lazy?

In the digital enabled on-demand world there are just two classes — the uber-class and the working class.

Indian mid-tier software firm MphasiS turns billion-$ firm

MphasiS said revenues for the year-ended October grew by 18% to 5,037 crore and net profit improved by 20% to Rs 909 crore.

Wipro to hire sacked staffers

The division, which recruited 1,000 people in the first six months of the fiscal, expects hiring numbers in the second half of the year to be more than double of that.

Infosys BPOwalas to take bus

BANGALORE: Seems some BPOs had enough of employee pampering.

Rising inflation: Have food prices delinked from agricultural production?

While a rise in labour costs has been widely cited as a driver of higher prices of farm produce, there are other key factors at play as well.

MBA degree losing its sheen? Management education in India faces sharpest crisis of confidence

A glut in supply and constricted demand are leading to an army of unhappy mgmt graduates, raising uncomfortable questions about a once coveted degree.

Asia gets its first Bio Safety Level-4 facility

Biovet has launched Asia's first Bio Safety Level-4 (BSL-4) manufacturing facility, specifically designed to enable product development and manufacturing of vaccines like Foot and Mouth Disease vaccine.

A day in the life of Madan Padaki's startup HeadHeldHigh Services

Madan Padaki, whose company HeadHeldHigh Services counts rural India as its main market, is your typical startup entrepreneur.

Many gigabytes of praise for Steve Jobs who shaped the Tablet

On Wednesday, the US President Barack Obama described Steve Jobs as the 'embodiment of the American dream.'

MobileStore launches online sales operation

Essar Group's mobile retail chain MobileStore on Thursday launched its online sales operations.

Job outlook dips on economic situation

Job outlook is positive in Mumbai, Delhi & Pune while it fell in Bangalore, Chennai, Hyderabad, Kolkata and Ahmedabad. Tips to manage your workplace

Huawei eyes $3.5 bn in revenues in India

Chinese telecom equipment vendor Huawei Technologies is eyeing over $3.5 billion in revenues from India this year as new operators launch operations.

Cognizant bucks trend, to hand out good bonus

The IT major, which has most of its facilities in Chennai and Bangalore, is paying employees the full variable pay component this year. Cities that are IT hubs | Nine trends for IT

Soros picks 1.4 mn shares in floriculture comp

Investor George Soros has picked up 1.4 million shares in India's largest floriculture company Karuturi Networks Ltd.

More seats for IIMs in 2008-10 batch

Some IIMs will go ahead with plans to increase their intake for the '08-10 session despite the quota regime not kicking in. B-school grads become fund managers

Dale Carnegie opens finishing school in India

Dale Carnegie Training, which has taught business skills to more than 8 million professionals worldwide, will open its first school in India to make graduates “employable”.

Rangu Salgame quits Tejas Networks

Rangu Salgame, CEO who created ripples by leaving the multi-billion dollar networking giant Cisco to move into less than $100 mn networking equipment maker Tejas Networks, has quit in less than four months of joining the company.

India inducts first batch of British Hawk trainers

India on Saturday inducted the first batch of British-made Hawk jets to groom rookie pilots and replace its ageing Russian-built MiG 21 fleet, nicknamed "Flying Coffins" due to their high crash record.

BJP ready to dump Yeddyurappa, hunting for a suitable CM

Yeddyurappa may go out kicking & screaming, but not before ensuring that BJP leadership would appoint successor of his choice.

EMC Corp to invest $1.5 billion in India in next five years

EMC Corporation, a global leader in information infrastructure solutions, today announced it would invest an incremental $1.5 billion in India over a five year period starting from 2010.

Housing sales dip in 2014; realtors eye turnaround in new year

The year also witnessed some big-ticket property deals and increased investors interest in realty portals.

UAE firm in talks for jets for new airline in India

The UAE-based, ETA-Ascon, is in talks with jet manufacturers Embrayer, Bombardier and ATR for acquiring jets to start its new airline in India, a leading newspaper here has reported.

Avesthagen looks at Rs 700 crore IPO mop-up

The company, which has four business divisions - biopharmaceuticals, bionutrition, bioagriculture and R&D - is planning to raise approximately Rs 600-700 crore through an issue in the first half of 2010.

IPL 3: Kieron Pollard & Shane Bond most expensive players

West Indian all-rounder Kieron Pollard & Kiwi paceman Shane Bond turn out to be the most expensive players.

Infosys expresses concern over Ohio state govt's move

The move is yet another blow to the Indian IT industry, which is facing higher visa costs.

Four years after ban, Savita Bhabhi gets new lease of life with a movie & a subscription-based revenue model

Subscription fees range from $25 for a monthly subscription to $93 for an annual subscription on Kirtu.com, the successor to SavitaBhabhi.com, which has comic strips based on other characters too.

Delhi Police busts Indian Mujahideen module; 6 accused in German Bakery, B'lore & Jama Masjid blasts arrested

Confirming the arrests, home minister P Chidambaram said the police were probing their links to terror attacks over the last year.

IIMs feel US meltdown heat

Even as Wall Street struggles to cope with the Lehman Brothers-Merrill Lynch double whammy, the aftershocks are reverberating across the Indian Institutes of Managements in India.

Suvidha Infoserve launches S-Commerce

Suvidha Infoserve Pvt Ltd launched "Suvidha", S-Commerce (Service Commerce) in South India, enabling consumers to avail services across any sector at single-window access points.

Battling many scams at Centre, Congress finds a sanctuary in Karnataka

Congress got the better of an enervated BJP in Karnataka, securing an important prize at a time good news has been hard to come by nationally.

Oracle, HP team up to provide solutions for mid-size cos

Oracle and HP today announced that they have teamed up to deliver complete software, hardware and service solutions, tailored to the needs of mid-size companies in the country.

SpiceJet operations grounded as oil companies stop fuel supply

Besides, it will also request the Finance Ministry to permit external commercial borrowing (ECB) for working capital as special dispensation.

Potato output may rise to 8 per cent in 2009-10

India’s potato output could rise by six per cent to eight per cent in 2009-2010, according to traders and analysts.

Top 10 stocks in action in morning trade on Tuesday

Nifty opened on a positive note, led by gains in Hindustan Unilever, which has over 2.5 per cent weightage on the index.

BCCI probe panel 'illegal and unconstitutional': Bombay High Court

The court's observations, which came while admitting a PIL by the Bihar Cricket Association, will, however, derail Srinivasan's comeback plans.

RelCom offers animated cricket with CricGenie

Leading telecom operator, Reliance Communication has launched "CricGenie," an animated simulation of cricket matches for its subscribers.

Abhishek Das, Sudip Kalyan Dey from TCS Kolkata wins brand equity quiz finals

20 yrs after the Brand Equity quiz started in Bangalore, the grand finale of Brand Equity’s 20th year finals was witnessed by 1,000-strong audience

HAL 34th among top 100 global defence firms

Bangalore-headquartered Hindustan Aeronautics has climbed 11 notches up to reach the 34th position in the list of top 100 defence companies in the world.

Wipro's new strategy is paying off: TK Kurien, CEO

TK Kurien, CEO of the IT business, tells that early indications are that the strategy is having the desired effect.

Hindustan Aeronautics sees spike in light combat helicopter orders

HAL expects the order book for its LCH to swell to about 250, even as the country’s armed forces look to desperately add teeth to its largely-obsolete attack chopper fleet.

Microsoft Yahoo combo good deal for India operations

Multi-billion $ acquisition bid by MS for Yahoo! will have reverberations in India, which has grown into a vital link in their development chain. In Video: MS eyes Yahoo

Serial blasts rock Delhi

Around 30 killed & 90 injured in serial blasts in weekend’s busiest markets; three bombs defused; Indian Mujahideen claims responsibility via e-mail to the media.

Wait and watch till the time events change: Vikas Khemani, Edelweiss Securities

If rupee goes to 54-55, this could lead to some amount of panic in the market and some amount of knee-jerk reaction to some of the developments.

B S Yeddyurappa received royal treatment in jail

The royal treatment began even before BSY entered the jail premises - with jailers making way for him through a side door so that he could avoid news cameras.

UB Group minus Kingfisher Airlines? How will it look?

In the wake of the Kingfisher crisis, the real question is: will the King of Good Times be able to find a new set of willing lenders to bankroll his new ventures?

Entrepreneurship: A road more travelled

Impatience fuelled with passion is the thrust behind the decision to embark on this eventful entrepreneurial journey.

Mastercard to bring faster, easier e-payment solutions: Banga

MasterCard's India-origin chief Ajay Banga today said India's growing young population offers exciting business opportunities and asserted the company will bring faster and easier e-payment solutions to the country.

Biotech firm to produce Human Growth Hormone

Biotech firm Biovel Life Sciences to produce Human Growth Hormone.

How UPA's Chidambaram, Sibal, Khurshid, Ambika Soni, Pawan Bansal, Ghulam Nabi, Narayanasamy manage media

The group was formed in early-May in the aftermath of the Anna Hazare anti-corruption agitation, when the UPA government maintained a stony silence to civil society's fever pitch.

LG to double R&D investment in India to Rs 400 cr

LG Electronics plans to double annual R & D investment in India to Rs 400 crore from the current year.

US Congressmen's visit to Gujarat in controversy

Amidst a raging controversy, the Congressmen rejected allegations questioning the legitimacy of their trip.

Cos may go on hiring spree in Oct-Dec

It’s good news for job-seekers. All major sectors in India are expected to step up hiring in the October-December quarter, according to the TeamLease Employment Outlook Survey.

Summit HR to invest $5 mn in India

Global talent supply chain management company Summit HR says it will invest $5 million to open eight more delivery centres.

Kingfisher plans to raise Rs 2,000 crore via debt

Kingfisher is in talks with a clutch of banks to raise Rs 2,000 crore in debt.

Worst behind us, good housing demand in coming quarters: Purvankara Projects

Ravi Ramu, Director, Purvankara Projects spoke with ET Now on demand revival in housing sector and how things are panning out for this company.

Tur prices in Karnataka plummet 16% since June 1 on huge arrivals

Tur prices in Karnataka have declined by 16.3% since the beginning of June. On June 19, the wholesale price of tur at the Gulbarga APMC touched Rs 3,450 per quintal against Rs 4,125 per quintal on June 1.

India's IT market to grow 18%

The Indian IT market is expected to grow by 18% in 2008 to reach $38 billion, clocking second-highest growth rate after China which is expected touch $138 billion with a growth rate of 20%, according to a report by Forrester.

Sensex pares losses, Nifty nears 8,000; IDBI gains 9%, JP Associates up 13%

The S&P BSE Sensex slips over 100 points in trade on Monday following muted trend seen in other Asian markets.

Despite crisis, IT industry continues to be a big attraction for young people from small towns

After 3 decades and several crises, Indian IT industry continues to be a big attraction for young people from small towns seeking to enter middle class.

Stamp your vote with time

Parts of Tamil Nadu, for the first time, will be voting on machines that come with an in-built timer to detect the time of polling.

Gunman fires at Sri Sri Ravi Shankar's convoy

Art of Living (AOL) founder and spiritual guru Sri Sri Ravi Shankar narrowly escaped a bid on his life when a gunman opened fire on his car at his ashram on Kanakapura Road on Sunday evening.

Govt slashes coffee output estimates by 5%

India's coffee output for the crop year ending September 2009 stands at 2.6 lakh tonnes, down 5% from the earlier estimate of 2.8 lakh tonnes.

Euro crisis a boon for Indian travellers

Jason Mathew and his wife are excited about their forthcoming trip to Europe. A gift from their son, it is the sexagenarian couple's first jaunt to Europe and the two-week holiday.

Won't be surprised even if half of our startups are dead: Dave McClure

"In addition, the domestic market for India is starting an opportunity. In the next 3-5 years there will be more direct domestic investments in Indian startups ."

Falling rupee raises spirit of IT companies

IT industry is heaving a collective sigh of relief with the rupee depreciating against the US greenback. Say goodbye to mid-career crisis I Managing workplace

India praised for its vulture conservation efforts

The vultures in South Asia have been under threat for over a decade now. But the silver lining is that India has acted quickly to conserve this species, as compared to many western countries in the past in the case of other environmental pollutants.

Yahoo! India redesigns home page

Marking the "most significant" redesign of its home page, Yahoo! India unveiled a preview of the new look for its flagship destination, yahoo.co.in.

Indian cities become cheaper to live in for expatriates

Rise in commodity prices, which has impacted Indians has surprisingly not hit the expatriates living here Climbing corporate ladder | India's hotshots

Harvard University incident serves a grim reminder of the growing menace of cheating in India

With students getting increasing access to technology and Indian universities introducing more writing assignments at higher education level to be completed at home, there is greater threat than ever of plagiarism.

AMD's Ruiz sees chip prices staying under pressure

US chipmaker Advanced Micro Devices said on Thursday microchip prices will remain under pressure.

IVRCL plans to sell three road projects to Tata Realty to retire debt

While GMR and GVK, pulled out of large projects, IVRCL had decided to stay away from BOT (build, operate and transfer) road assets.

Softbank's $650 million investment to value Snapdeal at $2 billion

Multiple sources familiar with the transaction said that the fund-raising will leave Snapdeal with a valuation of around $2 billion.

Indian IT companies like MindTree, Infosys, Wipro deny hiring freeze because of US market worries, analysts keep fingers crossed

Recruitment agencies and experts tracking IT sector warned that these companies are already going slow on hiring experienced professionals.

Wipro, Infosys and others cautious of global uncertainties

Though the present problem with US economy is around sovereign debt, the worry is that this will affect US pvt sector growth, and hence their IT spends.

Rupert Murdoch set to acquire majority stake in Asianet

STAR is expected to acquire a majority stake in Asianet’s general entertainment channels across three southern languages-Malayalam, Telugu and Kannada.

IPL facing possible media boycott

FIFA tried imposing similar restrictions on photo coverage of the 2006 World Cup but backed down under a threat of a boycott. Brand Cricketers | Business of Cricket

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