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Pay hike on cards for PSU banks' top brass — Performance-based incentives also likely
THE Government might soon spring a pleasant surprise to the top brass of public sector banks. The next autonomy package, under discussion within the Finance Ministry, could gift-wrap a new remuneration structure for the chief executives and ...
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Actis raising $400 m for investments in India
BULLISH about the Indian market, UK-based private equity investor Actis is in the process of raising new money in excess of $400 million for investments in the country. The firm is raising the money in two different funds. While the Actis ...
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BSE launches `mobile' trading
THE Bombay Stock Exchange (BSE) commemorated its 131st Foundation Day by reliving the traditional way of trading. But in-step with technological advancements, the Asia's oldest stock exchange unveiled a new product on the occasion to help ...
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Left leaders meet Sonia on BHEL; hopeful of ending deadlock soon
A POSSIBLE way out seems to be emerging to end the deadlock between the Left parties and the Government on the contentious issue of BHEL disinvestment. The Left party leaders on Sunday met the UPA Chairperson, Ms Sonia Gandhi, seeking her ...
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Music body trains guns on online piracy
IF you are a Hindi music fan hitting sites such as soulkurry.com, musicindia.8m.com or 123songs.com for downloading songs free, the chances are that you might just be denied access. For the industry association, Indian Music Industry (IMI), has ...
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Hurricane may cloud sentiment!
This week, if the market goes in for a correction in the benchmark indices, downside, however, seems limited.
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IA to debut Airbus A-319 in Indian skies
AFTER being the launch customer for the Airbus A-320 aircraft, Indian Airlines is getting ready to be the first to "acquire and operate" the Airbus A-319 aircraft in the domestic skies. Official sources told Business Line that the first ...
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Fresh rains in northwest; `break monsoon' likely
AN approaching western disturbance and a prevailing monsoon system are seen partnering in an encore performance, bringing a fresh spell of rain to the northwest region from Tuesday onwards. But meteorologists are keeping a close watch if the ...
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