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Money grows at IIM campuses again

There are enough hints that jaw-dropping salaries are pouring into the campuses like never before.

Now, Mallya's Royal Challenge slips behind Blender's Pride

Figures for FY08 suggests that Blender's Pride closed the year with 1.10 million cases in volume depletion just ahead of Royal Challenge's 1.08 million. Invest in wine

Davos 2013: ITC is building Indian brands in all consumer goods categories, says chairman Y C Deveshwar

"Brand-building requires a lot of investment, but we have the staying power and the resources,” Deveshwar said on the sidelines of WEF.

Bullish on midcap stocks vs large frontline space: Dhiraj Sachdev, HSBC Global AMC

There is a distortion where some of the mid-caps in the FMCG and pharmaceutical space maybe expensive, says Dhiraj Sachdev.

Slowdown impacts oilmeal exports

The global economic slowdown has impacted India’s oilmeal exports, according to data from the Solvent Extractors Association of India.

Wipro will take 2-3 quarters to catch up with TCS & HCL Technologies growth rates: T K Kurien, CEO

Wipro today said it may take 2-3 quarters to catch up with the growth rate of rivals on the back of a strong deal pipeline and organisational restructuring.

Flights on schedule despite work stoppage

Thousands of Indian airport maintenance employees failed to show up at work on Wednesday to protest against the opening of two private airports but the move put only a slight dent in operations.

Final leg of ET golf to tee off at Singapore

The clubs have been polished, and the golf outfits have been cleaned to the last crease as the summit clash looms large.

How real is the Artificial Intelligence startup wave?

AI is not new, but its recent reemergence is thanks to the incredible performance of a type of machine learning called deep learning in some of the core problems.

B'lore firm buys world's largest rose co

Karuturi Networks, a little know B'lore firm, is close to acquiring the Netherlands-based Sher for about Rs 220 cr.

How technology offered by Vizury Interactive helps websites turn hesitant online buyers into customers

For many web retailers, the technology that makes this possible comes from Vizury Interactive, a technology co founded by three young engineers in 2009.

Property prices begin to dip, shows index

The latest Residex released on Friday shows that property prices rose only in six of the 15 cities covered by the residential price index.

Endorsements without limit

The Board of Control for Cricket in India (BCCI) has decided, at least for the time being, not to put any limit on the number of endorsements that they can do.

Online retail: Are e-retail firms in India building a bubble again?

Flush with cash, online retailers are pursuing a single-minded strategy of acquiring as many customers as they can as soon as they can.

Amalgam gives Tatas food for thought

The Tata group is foraying into the foods business. Tata arm has picked up stake in Kochi-based food company.

Infosys gets service tax notice for Rs 33 crore

Infosys under government scanner for alleged evasion of service tax worth Rs 33 cr on commission paid for its global issue.

‘New deals may come through in H2’

Girish S Paranjpe, co-chief executive and member of the board at India’s third-biggest software exporter Wipro, sees new business opportunities during the current economic crisis.

Air Deccan 360 in trouble over unpaid bills

Air Deccan founder Captain Gopinath’s cargo airline grounded after losing three planes

US blacklists Indian exports again for using child labour

India has been blacklisted for the third consecutive year by the US government for engaging child labour in its garment export industry.

We believe what we did was right, says Azim Premji

The top man in the third largest IT company came out to defend it from the charge. Chairman, Azim Premji said, "Let me reaffirm that Wipro was right from a legal as well as ethical standpoint.

Satyam wins order, employees find comfort in job offers

The formation of the three member board at Satyam Computer Services would surely have soothed nerves of panicked employees to an extent.

'Cyber attacks moving to mobile, social sites'

India has rapidly adopted modern technology, be it cellular telephony, computers, smartphones, social networks and now tablets.

US senator outsources speech to India

Last year, the UK govt is said to have outsourced a pre and post election work to a BPO firm in Bangalore.

Cognizant's US SEC filing triggers fears of slow revenue growth in 2013; IT stocks take a plunge

Many brokerages came out with reports interpreting the implied growth rate in Cognizant's filing as the first tangible data point setting expectations for growth in 2013.

Fifteen stocks in focus in Monday morning trade

Indian shares are expected to trade higher. Here is a list of fifteen stocks that are likely to be in action in morning trade today.

Airports witness higher passenger flow

All of India is flying once again. Airports Authority of India's (AAI) latest data for October, 2009, shows that 45 of the 46 big airports in the country saw more people flying than October, 2008.

What full-service carriers and low-cost airlines are offering to woo & retain frequent flyers

Most passengers would want nothing more than airlines to be on time and offer a hassle-free trip. The expectations of frequent travellers are markedly higher.

Lateral hires getting good hikes in IT companies

IBM, Talisma and Yes Bank are said to have hired people with two-three years' experience, at salaries that were 50% to 100% higher than in their previous jobs.

Five killed, 34 injured in Assam train blast

A bomb blast on Guwahati-Tinsukia passenger train killed five persons.

Strides Acrolab: Drug licence, supply gains turn it on

THE Bangalore-based pharma major, Strides Arcolab, saw its stock price rising by 8% on Wednesday on the back of news of the company collaborating with Pfizer to supply generic products in the US.

Microsoft's TechFest showcased an array of technologies

Technologies of the future from around the world were showcased in Redmond, US, early this month at TechFest-Microsoft’s annual event where techies from Bangalore and Beijing to Cambridge and Connecticut converged to demonstrate technologies which may change our lives in future.

Narayana Murthy opposes SEZ policy

"I agree that we cannot take land from farmers", the chief mentor of Infosys Technologies said.

Why Yamaha finds opportunity in an unlikely market segment?

Yamaha plans to double it's market share in next two years. The Japanese two wheeler maker is following an unusual way by focusing on the urban market with deluxe motorcycles (150cc) and scooters contrary to rival manufacturers who are beefing up presence in commuter segment to boost their volume.

How a software pro Sasken turned satphone star

Inmarsat officials say Sasken has helped open a new market and disrupted the global market for satellite phones.

About 50% homes due for 2013 delivery to be delayed on slow construction approvals, liquidity issues

A combination of consumer activism, agitation by farmers, bureaucratic delays, labour shortage and legal wrangles has also contributed to holding up projects.

Tata Tele launches Rs 1,699 phone

Telecom service provider, Tata Teleservices on Thursday launched a Rs 1,699 single-chip ultra thin cell phone to help expand its customer base rapidly.

Airbus aims for $1 bn in annual revenue from India

Airbus rival Boeing in July estimated that India would need 911 commercial aircraft over the next 2 decades, putting the market's worth at more than $86 billion.

Dell targetting SMB segment, unveils first ever brand campaign

Aggressively targetting the SMB segment, Dell unveiled its first ever brand campaign for India directed towards today's entrepreneurial owners of India's small and medium businesses (SMBs).

Baba Ramdev to Bollywood stage show of support for Anna Hazare

About 5,000 people swarmed to Jantar Mantar on Friday. While Baba Ramdev chimed in with speech, B'wood celebrities, lawyers & teachers pledged their support.

Enforcement Directorate lays claim to Rs 822 crore cash of erstwhile Satyam Computer Services

The Enforcement Directorate (ED) has taken control of Rs 822 crore which was in possession of the erstwhile Satyam Computer, now a part of the Mahindra group, as the fallout from India’s largest corporate fraud edges towards a final denouement.

Indian engineers becoming backbone of Japan's IT industry

Indian system engineers are making their presence felt in Japan's IT industry. Around 22,000 Indians are living in Japan at the end of '08. Top 10 BPOs | MNC IT in India

Vote on Account 2014: How loans have changed in the last decade

Be it a home loan, personal loan or car loan, loans today are getting approved in a couple of days as compared to a month long process ten years ago.

Bloggers call content regulation a gag on freedom

Amended Indian IT Act which seeks legal position of intermediaries at the heart of controversy.

Can Arun Jaitley's budget re-energise the real estate sector?

Jaitley reduced the size of real estate projects eligible for FDI from 50,000 sq metres to 20,000 sq metres and halved the minimum investment limit for FDI to $5 million.

Global IT companies PCCW, WeDo eye Subex buyout

Subex, which has gone through a meteoric rise followed by a fall under its founder and former chairman Subash Menon, has once again caught the fancy of global tech majors for a buyout.

Don’t expect market to correct sharply as FII flows are strong: Manish Kumar, ICICI Prudential

Market may correct by another 3-5% in next few weeks. With money coming in, we do not expect a huge correction in the markets, says Manish Kumar.

Barclays to shut 3 branches in India, cut jobs: Report

major Barclays has decided to massively scale down its operations here by closing a third of its nine branches located in the non-metro areas.

HAL ranked 45th among world's top 100 defence cos

Hindustan Aeronautics Limited has climbed six notches to reach the 45th position in the list of top 100 defence companies in the world.

How Nayantara Sood's shoe label 'Taramay' is changing the notion about Indian luxury brands

A luxury brand in Indian footwear is almost unheard of, but Nayantara Sood is determined to succeed with Taramay, her Indian shoe label.

ET Awards 2012: PRS Oberoi gets the Lifetime Achievement award

“You can’t be successful at anything if you are not passionate about it. For some people, it is a 5 to 9 job. The others think about their work even when they aren’t at work.”

Lalit Suri invests Rs 50 cr in Kingfisher Airlines

Hotelier Lalit Suri has uncorked an initial investment of Rs 50 crore in Kingfisher Airlines.

Shibulal's role unclear as Narayana Murthy starts work to turn the tide for Infosys

As the iconic co-founder begins work on turning the tide for Infosys, it's unclear how CEO Shibulal will be a part of that transformation.

At 3.5 years,UPA's sheen is coming off

The good news for the UPA as it completes three and a half years in office is that the number of people who see its performance as "excellent" or "good" is still much more than those who rate it as "poor".

Why Captain Nair, chief of Leela Hotels, is so confident about his future

Right now, Captain Nair has an extraordinary problem: Rs 4,300-cr debt, profit-less quarters and ongoing negotiations with lenders.

BJP, BJD,TDP expel errant MPs

Cracking the whip, the BJP today summarily expelled eight of its MPs who cross-voted or abstained during the trust vote.

Given the double-edged sword social media has become, self-regulation by platforms is the best option

The real penetration of social media in India was seen recently, through the widespread and instantaneous dissemination of rumours and threats.

Vernacular search engine launched

A new speciality vernacular search engine on India--Bhramara -- offering web search interfaces in Kannada and Hindi besides English, has been launched.

BJP slams UPA govt,says tax on petro products a revenue source

Criticising the Prime Minister and Finance Minister for the soaring inflation,BJP on Saturday slammed the UPA, saying huge tax structure on petroleum products has become a major source of revenue for the Central government.

IBM launches Project Big Green 2.0 in India

IBM announced the launch of the second phase of Project Big Green (PBG 2.0) in India.

Biocon among world's top 20 biotechnology companies

Cos have been ranked by revenue and by income and Biocon is the only Asian company to feature in this ranking at Number 20. Biz barons and their sports assets

Cos line up to hire former Wipro Jt CEOs Girish Paranjpe & Suresh Vaswani

Headhunters across the country received calls from both Indian companies and multinationals asking if the two were 'available' for hire.

Shashi Sinha's gameplan for making Interpublic’s IPG Mediabrands a force to reckon with

Ad man turned media man, Shashi Sinha faces his most challenging assignment yet as head of IPG Mediabrands. He speaks to Brand Equity about his gameplan for making Interpublic’s fledgling media supergroup a force to reckon with.

Mobile chat apps a craze in India; challenges persist even as user base surges

From being a country of person-to-person texts, the country and its booming population of smartphone users, are becoming besotted with chat applications.

Why Sennheiser Electronic is bringing production home from China

Sennheiser has leveraged the first mover advantage in headphones to gain a 30% market share in Europe. But the mkt has evolved quite a bit & headphones are now a lifestyle product.

ESPN snaps up Cricinfo

Walt Disney-owned sports broadcaster ESPN has acquired Cricinfo, the world’s largest cricket website, from the Wisden Group for an undisclosed sum.

Big sponsors may have to recast marketing plans for 2009

The MHA is clear about prioritising poll deployment and has refused to spare the 25-30 companies sought by all the states together for IPL.

Infotech looks ahead to high growth, innovation

While 2010 was characterized by restructuring , consolidation, pragmatic learning and smart budgeting , 2011 will continue to build on that and move ahead, say industry experts.

Vi-Ga plans pan-India expansion with 50 stores by 2009-10

Footwear specialist Mahtani Fashion, which sells 'Vi-Ga' brand of shoes, is setting sight on a major expansion to have a pan-India presence as it plans to add 35 additional stores by 2009-10.

IIMs' new pick for jobs: IT companies

Guess who's dialling India's top tech firms? The Indian Institute of Managements (IIMs). Fear is the word at IIMs too | IIM-A ropes in Bollywood greats

Income tax return: File return by 31 July even if you don’t have details

You can always modify your return if you file it before the deadline and will not lose out on several benefits. You won't also forego some of your rights as a taxpayer.

Diageo-United Spirits deal: Vijay Mallya’s failure in other ventures outside liquor business still a big puzzle

This (Mallya’s sale of majority stake in United Spirits) is a panic reaction to a desperate situation. This is not part of any planned strategy. Ramachandran said.

How to convert your internship into a full-time job offer

Landing internships is just the beginning of the battle. The real pay-off is to be able to convert the opportunity into a full-time job offer.

Why Infosys, TCS, Wipro, Cognizant, HCL are not keen on buying BPO major Genpact

According to industry players, the $1.6-bn Genpact does not fit the bill for IT biggies as it comes with low-end voice work and will hit margins.

Roadside Romeo makes it to animation Oscars' shortlist

Indian film industry has just bagged its first nomination at the prestigious Visual Effects Society (VES) awards, known as the Oscars of the animation and visual effects industry.

End-season sale lures shoppers back to malls and high streets

Indian shoppers are thronging malls and high streets once again, lured by the end-of-season discount sales, and bringing some relief to nervous retailers.

Budget 2009-10: Happy about shiksha, naukri & bluetooth

OMG the FM jst gave us a missed call... ’ That was a young twitterbug alerting his friends about what he saw as budgetary attention to Young India. Indeed , across campuses, the mood is of hope.

St crisis: Downsizing new talking point among techies

Top deck IT companies has already announced slackened hiring and layoffs could soon be the order of the day. Pink slips back at IT cos I How to retain your job

IT industry hit by shortage of projects from Europe and US

The top players of the $100 billion IT industry have developed an unhealthy bench strength and the bulge is expected to grow from next quarter.

SIMI leadership was planning big

The SIMI leadership arrested in Madhya Pradesh on Thursday, including de facto chief Safdar Nagori, may have assembled in Indore to plot terror strikes in prominent cities.

iPad mania: Indian cos develop applications to rake in big moolah

After the iPhone, Indian application developers are eyeing the app frenzy that the iPad is going to get with it.

How to convert villages into BPO hubs

This can be done by creating rural knowledge centres.

Free and high-quality apps for not so smartphones

Don't feel left out just because you don't have a smartphone. There are lots of free & high-quality, Java-based applications available for feature phones.

NDS to open new centre in Delhi

Digital broadcast solutions provider NDS on Monday said it is planning to open an office in the city for supporting its growing customer base.

Meet these early-stage investors under forty

Startup founders say they benefit from Anand's high energy and deep insight into products.His entrepreneur tag is seen as a big plus.

South African team arrives in Chennai

The South African team arrived this morning for its first Test match against India beginning on March 26.

Indian market may not outperform global peers in short term: Brics Securities

"If the time horizon is three to six months, then perhaps we may not outperform the global market peers," says Vivek Mavani of Brics Securities.

Women on board encourage more women to join corporate ranks

The more women on a co's board, the more women are likely to be in the company's senior management. Corporate wardrobe I Office romances

Now, Sobha, HDIL to go the QIP way

HDIL is planning to raise around Rs 2,000 crore and Sobha Developers Rs 1,000 crore through QIPs.

Mr Shivraj Patil, go home!

These are our brothers who have gone astray. We have a duty to bring them back to the family fold: Union Home Minister in the Lok Sabha.

KKR, Diageo may buy USL stake

Kohlberg Kravis Roberts (KKR) and Diageo likely to acquire 10% & 14.99%, respectively, in Mallya firm.

Yahoo is moving faster, it had got a little stale

Carol Bartz, 61, and CEO of Yahoo, is perhaps handling the toughest assignment of her career.

Country picks its unknown soldier as Indian of the Year

This year, the votes for selecting Indian of the Year were overwhelmingly for the Indian soldier and for slain Maharashtra ATS chief Hemant Karkare, while the fimstars and sport personalities were left way behind.

PC software piracy in India touches $2.7 bn

Software piracy level in the personal computer segment in India showed just 1% drop for 2008 standing at 68% against 69% in 2007, according to a Global Software Piracy study conducted by Business Software Alliance (BSA) and IDC.

EVMs with in-built timers to prevent fraud during polls

But, despite having lots of data, regulators of the most important democratic exercise couldn't do much about manipulations. Reason: Unlike in a trade, there is no time stamp on your vote.

Football: Sachin Tendulkar, Sourav Ganguly foray into football, win Indian Super League bids

The bid winners for the eight franchises of the league, which is scheduled to be held in September-November, was announced here by organisers IMG-Reliance.

Jaganmohan Reddy: Understanding his tale of dynasty and megabucks

CBI’s investigations show that it was during 2004-08 that Jagan emerged a larger-than-life operator.

Fujitsu launches range of notebook PCs in Indian market

Fujitsu PC Asia Pacific on Tuesday launched a new range of Made-in-Japan notebook PCs in India, including one that weighs only 630 gms, and an A4 sized one.

Indian wealth management space to see robust hiring

Notwithstanding recessionary fears, the wealth management space in India is likely to see robust hiring this year as the sector is expected to witness a strong growth momentum, thanks to the increasing confidence level among investors.

Lok Sabha polls 2014: EC wants voters to pledge to vote 'ethically'

"The purpose of this voting day reminder system is to persuade young voters as well as the urban middle class," said director general of EC Akshay Rout.

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