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  • HP bets big on touchscreen PC

    HP bets big on touchscreen PC

    Global IT major HP on Tuesday launched a touch-screen PC that marks the entry of the mass market PC player into a high-end segment to expand market share as desktop sales plateau worldwide.

    RR Nair to take over as LIC Housing Finance CEO

    RR Nair to take over as LIC Housing Finance CEO

    LIC Housing Finance, the listed subsidiary of LIC, will soon have a new CEO. RR Nair, currently director-training with LIC, has been asked to take over as the new head of India’s third-largest housing finance company. Current CEO SK Mitter’s three-year tenure is close to completion.

    Binani may buy Indonesia mine for over $400 mn

    Binani may buy Indonesia mine for over $400 mn

    The Binani group is learnt to be in advanced negotiations with one of Indonesia’s largest coal producers, PT Berau, to acquire a coal mine to feed its growing cement operations in India.

    Deloitte partner Choksi quits

    Deloitte partner Choksi quits

    Dileep Choksi, vice-chairman and a joint managing partner of Deloitte, Touche & Tohmatsu, one of the Big Four accounting and advisory firms, has resigned from the Indian unit.

    Steel may cost more as Posco revises raw material prices

    Steel may cost more as Posco revises raw material prices

    The government’s move to regulate steel prices could come to a naught, soon. Prices of coking coal, a major raw material, are likely to surge sharply after Korean steel major Posco on Monday agreed to raise its annual contract prices by about three times.

    Aluminium softens as commodities slide

    Aluminium softens as commodities slide

    Price of aluminium, the metal used widely in transportation, consumer durables and power distribution industries, has been reduced by Rs 10,000 per tonne from March 20, in line with international trends as commodity prices globally have declined after the US Federal Reserve cut interest rates.

    'Vikram Pandit leads from the front'

    'Vikram Pandit leads from the front'

    Nagpur-born Vikram Pandit who became the CEO of Citigroup on Tuesday, has been described by some Wall Street insiders as a conservative banker, unassuming and somewhat bland in his demeanour.

    Copper's burning red hot

    Copper's burning red hot

    In the middle of a lazy August afternoon, Arun Chokhani suddenly sat up.

    'Manufacturers must think global'

    'Manufacturers must think global'

    Even as the debate on core competency and diversification continues to dog Indian companies, a well known Japanese management expert was in the country recently.

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