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HCL Tech loses two execs handling 30% of business, exits of Rajeev Sawhney & Pradeep Nair critical for co

HCL Tech has lost two senior executives with responsibility for at least a third of the company’s $4.3-bn (about Rs23,650 cr) business.

Harbhajan jabs video journalist

Indian off spinner Harbhajan Singh jabbed a video journalist at the Bangalore Airport on Wednesday.

All you need to know about mobile-first publishing startup Juggernaut

How Chiki Sarkar and Durga Raghunath are making an audacious attempt to break new ground with their mobile-first publishing startup Juggernaut.

Sense and sensitivity

Can India's political leaders learn from Obama?

We expect Ritz-Carlton to open by late 2011: Nitesh Shetty, MD, Nitesh Estates

Nitesh Shetty, Chairman & MD, Nitesh Estates updates, on the Ritz-Carlton hotel and the Bangalore real estate scene in general, in a chat with ET Now.

Ventura Securities opens online branch

Stock broking firm Ventura Securities today opened its first online branch, coinciding with the launch of an online trading platform here.

OIL India plans investment spread of Rs 4,550 crore

OIL India Ltd. has planned an investment spread of more than Rs 4,550 crore for the next 18 months on exploration and other expansion activities, company officials said today.

Will Infosys hit Rs 4,000? Brokers turn negative, stock plunges 9%

Infosys, which was widely expected to scale above Rs 4,000 levels by analysts in 2014, has reversed gains made so far in the year.

Smart, free and high-quality apps for feature phones

Don’t feel left out just because you don’t have a smartphone. Here are some free and high-quality, Java-based applications that are available for feature phones.

IT companies move to 3-month notice to counter attrition

A three-month notice period also makes the employee 'buy-out' option tougher for poachers and rival companies.

Every Breath You Take

First the bad news: More than half of 130 Indian cities being monitored for air pollution are at critically polluted levels.

eBay increases stake in Snapdeal, invests Rs 830 crore

eBay is betting that Snapdeal will help it compete against the likes of Flipkart and Amazon in one of the fastest-growing markets for ecommerce.

Expect 90% occupancy in Goa, Kerala & other resorts during New Year: Vivek Nair, Leela Group

Quarter 3 and 4 are peak periods and depending upon the location, we would expect the industry to do about 70 pc, says Vivek Nair, Leela Group

Ten stocks in focus in Thursday morning trade

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

Cricket must be seen from growing the geography stand point: IPL CEO

The year 2010 saw various off-the-field properties getting created that was also monetised in an attempt to make them into viable revenue streams.

Ten stocks in focus in Wednesday morning trade

Here is a list of ten stocks that are likely to be in action in morning trade today.

Cong statue at DMK, BJP bonhomie

Congress has been left out of the new bonhomie between Tamil Nadu and Karnataka as DMK and BJP engaged in statue diplomacy to get over years of rancour generated by the long-standing river water dispute between the two neighbouring states.

Skill shortage will force US to live with offshoring: IT companies

Some veterans said the Indian IT sector was “too big and too important” to the US to be affected much by whatever Obama now does.

Taste the best with Timescity.com

TimesCity.com, an interactive portal providing hyperlocal information combined with user reviews and ratings, was soft-launched recently by Times Internet Limited.

Indian outsourcing giants to benefit from downturn: Premji

Premji's statement comes at a time when the United States President Barack Obama has proposed changes in tax laws to curb outsourcing.

Dell launches next-generation precision workstations in India

Dell on Wednesday launched in India its next-generation precision workstation product range based on the recently-launched Intel Xeon 5500 "Neehalem".

Top recruiters to step-up hiring at B-schools despite slowdown

Undaunted by slow economic growth, top recruiters are preparing to step up hiring from top B-schools, including IIMs, when campus placements kick off.

Sports, ads to give more than bread & butter

Deccan Chronicle Holdings recently announced the merger of its subsidiaries Sieger Solutions, Asianage Holdings and Deccan Chronicle Bangalore with itself.

Wipro scotches CapGemini buyout rumours

Wipro came out very strongly against the news doing the rounds that it was looking at acquiring European IT services giants CapGemini.

Advertising the Mt Everest

Rolex had been supplying watches to expeditions linked to Mount Everest since 1933 and it made sure it would be part of a final triumph.

Intel's India unit develops remote health monitoring device

The prototype will alert a person carrying the wireless device, and doctors monitoring the person's health, to any impending medical emergency. In Pics: Macbook Air

CBI arrests Everonn Education MD P Kishore on charges of bribing I-T official

The CBI arrested P Kishore, managing director of Chennai-based tech-based education provider Everonn Education, on charges of bribing an Income Tax official with Rs 50 lakh.

Good sense has prevailed: India Inc

The bill would not have had any direct impact on Indian companies. But the spirit of the rejection was one of "anti-protectionism".

For IT cos, there's talent beyond B'lore

For IT companies finding it difficult to hire enough talented, fresh, engineers in Bangalore, here’s some news.

After Air India and Jet Airways, IndiGo cuts ticket prices by up to 40% to lure travellers

SpiceJet, the third-largest airline in terms of market share, is also expected to announce a similar move shortly, sources said.

Argumentative & too emotional - are Indians tough to work with?

"In India, being late by 15 minutes for a meeting is not considered to be late," Makoto Kitai sighs. "Schedules go haywire in India."

Mobility deal: Motorola India may gain from Google deal

Most of the work done in India revolves around mobile phone software, with a little more than half dedicated to the Android platform development.

Yahoo India sacks forty employees

The company has decided to freeze recruitments in India for the time being. Special: MS' Yahoo bidI Firing employees? I Increase your salary

Capability, not capacity, drives our strategy: Cognizant CFO

Cognizant's chief financial and operating officer Gordon Coburn is categorical that it would not look for “scale” — but look to deepen domain and consulting skills — in its acquisitions even as it scans for future buyouts.

AirAsia may be first to enter India

It is learnt that instead of investing in an existing carrier, the Malaysian LCC is looking at the possibility of a start-up with a strong Indian partner.

Student's death: Embassy rejects reports of being of no help

Rejecting reports that it had not been helpful over the death of a student from Bangalore in Kentucky.

STAR Jupiter to hold majority stake in Asianet

Rajeev Chandrasekhar's news channels and radio business to remain outside joint venture.

Govt clears 13 FDI proposals worth Rs 657 cr

Government has cleared 13 foreign direct investment proposals that will bring in Rs 657.01 crore, including Rs 199 crore by US-based financial services provider Goldman Sachs.

Wipro to expand Chinese operations

IT major Wipro Limited would rapidly expand its operations in China and evaluate the possibility of opening a third centre there.

Australians, English delay cricket trips to India

Australian and English provincial cricket clubs postponed leaving for India for next week's Champions Twenty20 League because of the terrorist attacks in Mumbai.

Oz trade unions want Rudd govt to stop banking jobs going to India

Australian trade unions want Prime Minster Kevin Rudd to stop banking jobs going offshore, after his government rejected calls to have the deposit guarantee withdrawn from banks that move jobs out of Australia.

AT&T, T-Mobile deal to benefit Indian IT vendors

Indian outsourcing vendors are set to gain new projects worth hundreds of millions from AT&T's acquisition of T-Mobile.

Radio City to add 16 new stations

Private FM radio service provider Radio City 91.1 FM on Thursday said it plans to expand operations in the country by adding 16 new stations over the next three months from the present nine.

Income tax raids at residences, offices of Malayalam superstars Mammootty and Mohanlal

Seven teams of income tax officials on Friday raided the homes and offices of Mammootty and Mohanlal across four cities.

On the clothesline

The country's monsoon melody dissonance.

Now, consumers junk Centre for Science and Environment report

Analysts say it is natural for consumers to ignore CSE's warning because they know what they are getting into when they consume fast food.

Effect of MindTree's cost-efficiency moves will start reflecting in December 2011 quarter

The stock of Bangalore-based IT company MindTree rose over 18% during intra-day trading on Thursday to its four month peak of Rs 426.

GMR's sugar business on block

The promoters of GMR Group are looking to exit their sugar business.

Fair Isaac set to foray into retail, telecom

Operations consulting firm Fair Isaac, which is strong in BFSI (banking, financial services, insurance), is now looking at sectors like retail, healthcare and telecommunications, a top company official said here on Tuesday.

The weakest Aussie team

Team can beat 11 individuals, five of whom are in last phase of career.

Railway Budget 2012: Expect budget to be passenger-friendly, says VRS Natrajan, BEML

In an interview with ET Now, VRS Natrajan, CMD, BEML, talks about his expectations from the Railway Budget 2012.

Lower output, higher price to hit coffee trade

The report issued by the Int'l Coffee Organisation has bad news for global coffee industry.

Yahoo! expands reach of its mobile search service

Leading search portal Yahoo! today expanded the reach of its mobile search service, Yahoo! oneSearch beta, to its consumers in India.

Radio Mirchi to go on air in Kerala capital

Radio listeners in the Kerala capital will be treated with chartbuster Malayalam music and wacky RJ talk with the imminent launch of Radio Mirchi 98.3 FM.

Radio Mirchi to go on air in Kerala capital

Radio listeners in the Kerala capital will be treated with chartbuster Malayalam music and wacky RJ talk with the imminent launch of Radio Mirchi 98.3 FM,the first radio station to go on air from here.

Indian golf’s year of reckoning ahead!

At the European Tour’s 2.7 million euro HSBC Abu Dhabi Masters, 25-year-old Gaganjeet Bhullar finished 10 th and picked up a cheque of Rs 25 lakhs approx.

Groom yourself online for CAT walk

Education start-ups are pitching a new generation of products using e-learning software, web 2.0, mobile phones and television to move up the value chain.

India's got talent: Northern belt graduates more employable than southern counterparts

In a fast-changing world, the thrust on domain expertise is weakening as demand for MBAs is rising vis-à-vis engineers.

Candidate must poll 50% plus one to win: Former CEC N Gopalaswami

Former CEC N Gopalaswami urged the Centre to incorporate amendments suggested by the EC to bring in more reforms in the electoral process.

Renuka Sugars in talks for 28% cut in Equipav buyout price

Shree Renuka Sugars (SRS) is negotiating a 25-28% reduction in the acquisition price for its proposed Equipav buyout.

Tata Mutual Fund’s former MD, Ved Prakash Chaturvedi, to head Larsen & Toubro Finance Holdings

L&T Finance is slated to be the first of the independent companies from L&T’s umbrella to hit the capital market.

Only net neutral india can create next Google; free Internet an absolute condition for innovation

Experts say, Digital India, a big government plan, will not take off without net neutrality that promises a level playing field.

Shree Renuka looks to rework Equipav deal

Shree Renuka Sugars is renegotiating the price of its proposed Rs 1,530-crore acquisition of Brazilian sugar and ethanol maker Equipav amidst differences over the amount of debt on the company's books.

Long-term investors, buy midcaps on dips: Rashesh Shah

"Both equity and debt look promising because interest rates will come down and equity will do well."

Factory output falls 3.5%, finance minister Pranab Mukherjee vows bold decisions to spur growth

March was the second month of contraction after IIP declined 4.7% in Oct, belying the hope the economy had bottomed out in Oct-Dec quarter.

India, Turkey, Israel to discuss gas pipeline

A plan to pipe oil and gas from Turkey to Israel and then ship it to India will be discussed when officials from the three countries meet soon, media reports said on Tuesday.

GMR Infra calls off Rs 2k cr QIP

GMR Infrastructure was on Tuesday forced to abandon its attempt to raise $500 million (Rs 2,000 crore) in off-market share sales to institutional investors after they showed little interest in the offering.

UAE-based retail major to open malls in Kerala

The company is conducting feasibility studies to open malls throughout the country, especially the southern metro cities of Chennai, Bangalore and Hyderabad.

Yahoo moves editorial operations out of Chennai

The ten-member team was employed with a Bangalore-based news syndicate, which had an office in Chennai. Modern Moguls | Tycoons with a golden heart

Pickup & delivery mechanism of Mumbai dabbawala is perfect advertising medium

Many marketers agree that the nearly foolproof pickup and delivery mechanism of 'Mumbai dabbawala' is the perfect advertising medium for a notoriously short attention spanned city.

Pfizer deal buzz lifts Biocon to 52-wk high

Biocon surged on buzz that Pfizer is in talks to buy a stake or strike a marketing alliance with it.

Niche websites let buyers team up, push for deep discounts

Group buying, which originated in US in late-2008 with sites such as Groupon and Tippr, allows individuals to benefit from collective bargaining on the internet which they would otherwise not manage individually.

Infosys losing bellwether tag even as peers like HCL, TCS shine

The reason is because the company is in a spot of bother, facing challenges from within and without, the likes of which it has not encountered before.

Bharti Group JV acquires 49% stake in startup Y2CF

A Bharti Group joint venture company, set up last year to invest in social media and gaming and partly managed by promoter Sunil Mittal's son Kavin, has made its first acquisition in the e-commerce space.

Rahul Gandhi's 'nonsense' ordinance comment undermined PM's dignity: AP Venkateswaran, ex-diplomat

The remarks triggered talk that Gandhi's utterances had humiliated PM, much like Venkateswaran was insulted by his father 26 ys ago.

Rupee depreciation will bring cheer to IT, BPOs

However, some of the positive impact will be eroded by other currencies like pound and euro, which too are depreciating against the US dollar. IT hubs | IT megavendors

For a unified cyber and telecom security policy

The preamble of the recently-notified National Cyber Security Policy states that IT is one of the critical sectors that resides in cyberspace.

Air India's direct Delhi-Chicago flight route doing well

Air India (AI) has tasted success with its direct New Delhi-Chicago flights, which were launched on October 31 last year.

Saradha chitfund scam: Business collapse alerts others in the market

The unravelling of Saradha has lifted the curtains on Bengal’s flourishing financial grey market where the plot is getting thicker by the day.

No arrests in India over UK terror plot

No arrests over British car bombings, police still questioning relatives and friends of three suspects.

Despite all the challenges, India’s progress in human development has lessons for many

It is estimated that India will soon surpass China as the world`s most populous country.

Finance Bill: PEs get 1-yr breather from GAAR

Finance Minister Pranab Mukherjee's changes to the Finance Bill have brought cheer to the embattled risk capital industry.

Infosys clients mulling contingency plans over US visa row: Forrester analyst

Infosys countered by saying the post makes several unfair assumptions about marketplace reactions to recent news coverage about Infosys.

Medical insurers stop cashless facility

You will no longer be able to get cashless facilities at Apollo, Fortis or in Delhi, NCR & other metros.

Etisalat close to picking up over 40pc stake in Swan

UAE's leading telecom operator Etisalat is understood be in the final stages of inking a deal with Swan Telecom for picking up over 40 per cent stake in the firm.

61.3% polling in Karnataka’s third phase

In sharp contrast to the comparatively low turnout of voters in Bangalore during the first phase of Karnataka’s assembly elections, polling in the third phase for the 69 constituencies in the 10 districts of northern parts of the state was a respectable 61.3%.

IndiGo plans to hire 1,500 people in 2011

Low-cost carrier IndiGo today said it plans to hire up to 1,500 people this year to support its major expansion drive.

Blue Dart to invest Rs 350 crore in south India

Courier firm Blue Dart Express Ltd plans to invest Rs 350 crore on expansion plans in south India over the next three to five years, a senior company official said on Wednesday.

TCS gets on to the blogging mania with Twitter

As TCS COO N Chandrasekaran was addressing a press conference in Bangalore, 'followers' of company on micro-blogging site Twitter were getting real-time feed of his comments on their computers and mobile phones.

Refusing to reveal I-T info, former CJI says he has nothing to hide

NHRC chairman and former Chief Justice of India K G Balakrishnan today said he has nothing to hide after he asked the Income Tax department not to reveal his IT returns.

US-India economic relationship: Turn trade potential into reality

The US-India economic relationship has the potential to be one of the globe’s most dynamic and broad-based.

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.

Brand India saving grace in time of crisis

Over the last couple of years, India has been seen stamping its presence in the league of global leaders by the strength of its economic power.

Haneef thanks Aussies for support

Mohammed Haneef, who was released after being absolved of terror charges in connection with the failed car bombings in the UK, today thanked Australian people for their support during his nearly four-week-old ordeal.

Governance deficit, graft extremely serious issues: Azim Premji

Wipro chairman Azim Premji on Friday reiterated that governance deficit and corruption were extremely serious issues for the future of the nation.

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.

Hoaxes, dummy calls run wild

After serial blasts rocked Ahmedabad and Bangalore, police phone lines were flooded with hoax calls in Mumbai.

Gokaldas set to dress up Olympians

While India’s fortunes at the Beijing Olympics would be known only during the course of the games, there has been an early India involvement with the country’s largest apparel exporter Gokaldas Exports securing an order to supply activewear for the thousands of atheletes and participants.

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.

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