Govt weighs divestment in profit-making PSUs List excludes Navratnas, says Chidambaram
NOTWITHSTANDING the Left parties' objections, the Government appears to be hopeful of selling shares in some public sector undertakings. The Finance Minister, Mr P. Chidambaram, said on Wednesday that the Government is considering ...
Left open to talks on small stake sale in non-Navratna PSUs
REACTING to the Finance Minister, Mr P. Chidambaram's statement in Mumbai today that the Government would sell small stakes in non-Navartna but profitable public sector undertakings (PSUs), representatives of the Left parties said that they were ...
RFID tracker tags for visitors to US
PLANNING to visit the US? An electronic tag will keep track of you during your stay there. On an experiment, the US Department of Homeland Security (DHS) is deploying radio frequency identification (RFID) technology to track immigrants entering ...
K.R. Narayanan passes away
According to the Commandant of Army's Research and Referral Hospital, New Delhi, Major General O.P. Mathew, Mr Narayanan was admitted to the hospital on October 29 as he was suffering from pneumonia and renal failure. The former President was on ...
Salary level at Rs 3 cr, good times roll out for many CEOs
Top-level salaries, averaging a 20 per cent jump every year, are now hovering around Rs 2.5-3 crore. CEO salaries almost always include deferred payments in the form of ESOPs and bonuses but would average out to Rs 3 crore per annum, according ...
Govt to examine Volcker report to probe Company Law violations
THE Ministry of Company Affairs (MCA) is examining the Volcker Committee report to ascertain whether there were any violations by the Indian companies named in it that required scrutiny under the Companies Act. The Volcker Committee had ...
PM rules out Natwar Singh's resignation
THE Prime Minister, Dr Manmohan Singh, today ruled out the resignation of the senior Congress leader, Mr Natwar Singh, from the Cabinet following the allegations in the Volcker Committee report. Speaking to newspersons on the sidelines of the ...
Large-scale buying in Indian companies by mutual funds
THE asset management space is agog at this moment, thanks to large deals by fund houses involving a number of companies. Apollo Tyres, Phoenix Lamps, Jindal Saw and UTI Bank are among the companies whose shares have lately been accumulated by ...
SAFTA must for regional growth: PM
ON the eve of the SAARC summit in Bangladesh, the Prime Minister, Dr Manmohan Singh, on Wednesday said regional economic integration could generate billions of dollars of new income, employment and trade. Consequently, the creation of a South ...
WNS Global buys BPO co Trinity Partners
IN a bid to strengthen its position in the mortgage BPO market, WNS Global Services today announced the acquisition of Arizona-based Trinity Partners, a provider of BPO and IT business solutions to financial institutions, for an undisclosed ...
Satyam, MS China tie up To develop enterprise solutions market
A feature of the MoU is to establish a Satyam Microsoft Adaptive Solution Centre in the Greater China region.
Compulink to develop tool with Microsoft
COMPULINK Systems has announced its collaboration with Microsoft Corporation India Pvt Ltd to create an enterprise application, Whizible EPM, for the professional services and engineering industry. The Services Execution Management (SEM) ...
Commodity futures catching up in rural India
COMMODITY futures is fast spreading into rural India at a much faster pace than capital market operations. Though there are seven terminals owned by different stock broking firms in Kalpetta in the hill district of Wayanad in Kerala, Mr ...
Comments & Letters to the Editor to: email@example.com
Subscribe to: Business Line