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October 24, 2008 | | ICICI: The bank that Kamath built KV Kamath, CEO and managing director of ICICI Bank, is due to step down sometime next year. In the 12 years or so that he has been at the helm of affairs, the bank has more than cashed in on a huge growth opportunity.
Naresh Goyal is his own worst enemy While the mishandling of the Jet Airways sacking and reinstatement of 1,900 employees was an HR and PR disaster, the larger implications of what happened are also worth considering.
Credit policy: RBI leaves key rates unchanged Benchmark bank rate has been kept unchanged at 6 per cent, repo rate at 8 per cent, reverse repo at 6 per cent and CRR at 6.5 per cent.
Carnage! Sensex crashes, rupee plunges It's a good time to buy stocks with strong fundamentals.
Credit card woes & how to lodge a complaint The banking ombudsmen has received 3,087 credit cards related complaints against foreign banks and 7,020 charges against the Indian banks in 2007-08.
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October 21, 2008 | | Does Capitalism have a future? Washington's partial nationalization of banks marks a fundamental shift in thinking about the relationship of the public and private sectors
After 61 years, India, Pak being cross-LoC trade! Sixty-one years after the breakdown of trade ties between the two parts of Jammu and Kashmir, India and Pakistan scripted yet another historic chapter in bilateral relations on Tuesday by launching truck services along the Poonch-Rawalakote route.
Here's Cadbury's new gameplan Is market leader Cadbury's foray into the dark chocolate segment an attempt to gain ground over much-in-demand imported chocolates?
Growth in focus: Interest rates may fall For those losing over skyrocketing interest rates and swelling inflation, here is a piece of good news. Home, consumer, corporate and personal loans are likely to become cheaper with the Reserve Bank cutting its key short-term repo rate by 1 per cent to 8 per cent, the first since 2004, bankers said.
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October 16, 2008 | | S P Hinduja on why India will survive the crisis The Hinduja scion is convinced that India will not be too adversely impacted by the Wall Street crisis.
Falling skies: AI may lay off 15,000; Jet blasted Sympathising with the sacked Jet Airways employees, Civil Aviation Minister Praful Patel on Thursday said he would hold talks with all airlines to find a way out of the downturn in the industry caused by high fuel costs and economic slowdown.
Lay-offs: Jet Airways chief speaks to Raj Thackeray About 300 Jet Airways employees, including cabin-crew, on Wednesday staged a protest outside the airline's office in Mumbai against the management's move to retrench nearly 1,000 staffers.
Bugatti Veyron, the Rs 7-crore car! The Bugatti Veyron 16.4 from Germany is the world's fastest, most powerful, and the second most-expensive car in the world.
Global Hunger Index: India ranks a poor 66th The global financial crisis is exacerbating concerns about surging food and fuel costs, which has pushed 75 million into poverty, the United Nations chief said on Wednesday, terming the turmoil a 'colossal human tragedy'.
Sensex sinks amid global financial mayhem With the markets crashing, it is natural for you to be unnerved, but panicking will not help.
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October 15, 2008 | | Thousands more to get the pink slip! Employees across the globe are worried with many global giants laying off their staff in big numbers.
Raj Thackeray threatens Jet Air over firing staff About 300 Jet Airways employees, including cabin-crew, on Wednesday staged a protest outside the airline's office in Mumbai against the management's move to retrench nearly 1,000 staffers.
Indian aviation crashing: Hundreds to lose jobs India's aviation industry is in the doldrums. And even as Civil Aviation Minister Praful Patel inaugurated 'India Aviation 2008,' the four-day, first of its kind exhibition on the civil aviation sector in India, at Begumpet Airport in Hyderabad on Wednesday, the order of the day in the industry seems to be jobs cuts, cost cuts, cry for bailout packages, consolidation, etc.
Sensex slips below 11K again Indian investors having slept easy for the last couple of days had frayed nerves again on Wednesday with Sensex taking a sharp downturn.
The plight of the tea worker 17,000 tea workers are unemployed in Jalpaiguri, West Bengal.
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October 08, 2008 | | These Wall St bosses took home over $1 bn! The total take-home pay of the 12 bankers, current and former chiefs of some of the biggest names in the US financial space, stands at $1,053.15 million during 2003-07.
In the tea business? What you need to know A tea estate can be a lucrative profession if you follow certain rules. Else, profit withers. Here are tips from successful tea estate owners on how to run the tea growing business.
Sensex sinks; Japanese markets at 20-year low With the markets crashing, it is natural for you to be unnerved, but panicking will not help. Actually it's a once-in-a-lifetime opportunity to buy good stocks with strong fundamentals, but be very careful while doing so.
Lalu Yadav, the management guru! Indian Railways’ turnaround story during Lalu Prasad Yadav’s tenure is stuff dreams are made of.
Why Adlabs is expanding so rapidly Adlabs Films Limited, a part of the Reliance Anil Dhirubhai Ambani Group, is India's fastest growing film entertainment company. It is India's largest cinema chain, and boasts of over 390 screens spread not just in India,but also in the United States and Malaysia.
Outlander is here! Check it out For all those who are willing to shell out more than Rs 20 lakh (Rs 2million) for a vehicle, and for all those who love to drive to places where ordinary vehicles do not go, there is good news. One more SUV is out in the market. This time it is the joint venture of Hindustan Motors and Mitsubishi Motors: the Mitsubishi Outlander.
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October 07, 2008 | | Tata Nano finds home in Gujarat; launch soon With Tata Motors pulling out their Nano project from West Bengal, a race is on amongst many Indian states to get hold of the prestigious project. States are wooing the Tatas all out for the Nano plant. In the forefront of this race are Gujarat, Karnataka, Andhra Pradesh and Maharashtra.
Shaky markets? Dos and Don'ts for you! With the markets crashing, it is natural for you to be unnerved, but panicking will not help. Actually it's a once-in-a-lifetime opportunity to buy good stocks with strong fundamentals, but be very careful while doing so.
Sensex too quivers amid global financial mayhem With the markets crashing, it is natural for you to be unnerved, but panicking will not help. Actually it's a once-in-a-lifetime opportunity to buy good stocks with strong fundamentals, but be very careful while doing so.
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October 06, 2008 | | Best nations to do business in; Pak ahead of India India slipped two notches to 122nd rank, below neighbours, including Nepal, Bangladesh and
Pakistan in the 'Doing Business Report 2009' recently prepared by the International Finance Corporation and the World Bank.
Cracker industry sees lack of spark this Diwali For the cracker manufacturers in Virdunagar district, the coming Diwali season may not be as glittering as it was in previous years.
The world's tallest towers The huge demand for office and residential spaces are triggering a skyscraper boom with 16 of the world's tallest buildings in Asia.
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October 03, 2008 | | It's official: No Nano from Singur Industry suffers at the hand of politics
Smoking ban: The economics behind it, and more! India imposed a new ban on smoking in public spaces from Thursday, four years after a largely ignored earlier prohibition saw people continue to puff away in restaurants, clubs and bars.
Management gems from Richard Branson Richard Branson, the man who entered businesses because he believed he could do it better, or because he thought the existing players were short-changing customers, has interesting business mantras that he lives by.
Superfast trains for industrial corridor The Delhi-Mumbai Industrial Corridor Development Corporation has identified four 'early bird' rail infrastructure projects, including a high-speed rail link between Delhi and Jaipur, at an investment of over Rs 20,000 crore.
US crisis: Boom time for law BPOs in India Indian legal process outsourcing firms expect to get more litigation jobs-related projects due to the turmoil in US banking and financial markets.
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October 01, 2008 | | Meltdown: Thousands of jobs to go globally! The crisis in the financial services industry could cost up to an estimated 40,000 jobs in the securities industry in New York alone. Thousands more will lose their job in the rest of the world.
Death on a tea estate Despite over 200 starvation deaths in the last five years, are the West Bengal authorities aware of the extent of the Ramjhora Tea Estate's problems? Are the workers neglected? Here’s what the officials have to say.
How liberalisation has changed you & me Liberalisation changed our relationship with everything, most of all money. We take a look at how. . .
Durga Puja: It's a million dollar business We often forget to acknowledge the contribution of those who work round the clock for months to make Durga Puja a success.
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September 30, 2008 | | No bailout: Markets crash across the world With the US House of Representatives rejecting the $700 billion emergency rescue package intended to bail out bankrupt American financial institutions, markets across the world went into a freefall.
Hot cars that may set your pulse racing Here are some of the latest cars showcased in various auto shows around the world. Check them out. . .
Don't panic, bank is strong, ICICI tells customers Stung by rumours that it was passing through a troubled phase, ICICI Bank on Tuesday asked its customers not to panic, saying rumours about the financial strength of the bank are baseless and malicious.
Oscar Fernandes, the hard-working labour minister It is a measure of the popularity of Labour and Employment Minister Oscar Fernandes among his colleagues and his closeness to party chief Sonia Gandhi that his statement linking excessive use of contract labour with the lynching of L K Choudhary (CEO of an Italian auto-parts manufacturer in Greater Noida) didn't get played up beyond a point.
How well do you know the Nano? To enhance your general knowledge take the rediff Business Quiz.
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September 29, 2008 | | How the Wall St tsunami will hit Indian IT stocks The world's second richest man, Warren Buffett, is the chairman of the Berkshire Hathaway. He is one of the most successful investors the world has ever seen.
US economy: What Obama, McCain promise American economy has become the pre-eminent issue of the upcoming US Presidential elections being contested by US Senators John McCain and Barack Obama.
All about the US bailout plan The Internet is flooded with angst about Treasury Secretary Paulson's proposed $700 billion bailout--and inspiring old-fashioned street protests.
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September 25, 2008 | | Projects that ran into trouble in West Bengal West Bengal has an unenviable record of running into controversial industrial projects. No decade passes by without a lot of song and dance over a new project that is expected to change its economy and the lives of its people
Why Pepsi wants to become healthy CEO Indra Nooyi has sensibly managed to do is provide a tangible strategic direction to inchoate good intentions and put PepsiCo's money where the idealism is. In doing so, she is demonstrating to the world that corporate activity and social responsibility need not be conflicting aims.
What is subprime crisis? How it caused financial mayhem? The term subprime lending refers to the practice of making loans to borrowers who do not qualify for market interest rates owing to various risk factors, such as income level, size of the down payment made, credit history, and employment status.
Check out the smarter Ford Endeavour! Ford India, in its 12th year of operation in the country, has a variety of models: Ikon, Fusion, Endeavour and Fiesta. The company is offering something interesting for the festive season.
Disability no hurdle to economic freedom Perfumed candles, microwaveproof leaf plates, trendy clothes and accessories, all these and more are being made by people with autism, multiple disabilities and are sold in obscure locations across the country.
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September 22, 2008 | | Reliance to supply 40% of India's gas, oil! Indian petrochemicals giant Reliance Industries Ltd will account for about 40 per cent of the country's energy production in the next 18 to 24 months, putting the company on track to earn a quarter of its profit from oil and gas production, from 5 per cent now.
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September 19, 2008 | | Sensex on steroids, but financial storm not over! Lehman Brothers is not more. Merrill Lynch has gown down the Bank of America maw. AIG too could go belly up. With a doubt, these developments in America are the most shocking events to have hit global financial markets. So where did it all begin? And what does it mean for the Indian stock markets?
Nokia 6210 -- a mobile with a brain! Lehman Brothers is not more. Merrill Lynch has gown down the Bank of America maw. AIG too could go belly up. With a doubt, these developments in America are the most shocking events to have hit global financial markets. So where did it all begin? And what does it mean for the Indian stock markets?
The Indian behind Intel's super chip When Intel launched its first six-core x86 microprocessor - a high-end processor to crunch huge amount of data - designed and developed by its Indian team, there was relief at its India office.
How innovative management can change society Billionaire Gururaj 'Desh' Deshpande supports many social programs in India to provide for the underprivileged, discovers Arthur J Pais.
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September 18, 2008 | | McCain's economic advisor Fiorina benched after gaffe She was named the world's most powerful businesswoman for seven years in a row. She ran an empire as the chief executive officer of IT major Hewlett Packard before being sacked in 2005. And now Carly Fiorina, who is US Republican Presidential candidate John McCain's chief economic advisor, has again been benched. This time she was benched for her remarks on McCain himself and his running mate Sarah Palin.
America's largest bankruptcies We present an overview of what happens when big corporations are headed by either bad CEOs who failed to take the right decision at the right time, or greedy bosses who played cat and mouse with their employees and shareholders.
11.2 million % inflation! How is Zimbabwe surviving? Zimbabwe's inflation rate has just touched a stratospheric level of 11.2 million per cent! Yes, 11.2 million per cent, the highest in the world's history! Compare that to the rate of inflation in India -- which is hovering at the 12 per cent level and causing so much turmoil for Indians as the cost of commodities rises sharply -- and perhaps you can put things in proper perspective.
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September 17, 2008 | | Financial tsunami swamps the world Lehman Brothers is not more. Merrill Lynch has gown down the Bank of America maw. AIG too could go belly up. With a doubt, these developments in America are the most shocking events to have hit global financial markets. So where did it all begin? And what does it mean for the Indian stock markets?
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September 16, 2008 | | Why Lehman Bros went bust; what it means for you Lehman Brothers is not more. Merrill Lynch has gown down the Bank of America maw. AIG too could go belly up. With a doubt, these developments in America are the most shocking events to have hit global financial markets. So where did it all begin? And what does it mean for the Indian stock markets?
India's 10 best paid CEOs! We present a snapshot overview of who they are and what they are worth.
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September 15, 2008 | | Investors in IPOs lost over Rs 5,000 cr in 2008 A series of events in United States, including Bank of America agreeing to buy Merrill Lynch for $44 billion and Lehman Brothers' move to file a bankruptcy protection, has shaken up the global financial markets.
Lehman falls, Merrill sold, AIG tottering. What next? A series of events in United States, including Bank of America agreeing to buy Merrill Lynch for $44 billion and Lehman Brothers' move to file a bankruptcy protection, has shaken up the global financial markets.
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September 11, 2008 | | AP plan: Turn 1 crore women into millionaires The United Progressive Alliance chairperson Sonia Gandhi on Thursday launched an interesting scheme of the Andhra Pradesh government to make 1 crore (10 million) women in the state a millionaire in next five years.
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September 09, 2008 | | Indra Nooyi eats, drinks and lives Pepsi The economic recession may have led to many consumers cutting on their cola intake, but not its Indian-origin chief Indra Nooyi who takes the company's products in almost all her meals from breakfast to dinner.
India's 15 best cities for IT-BPO growth A study -- conducted jointly by the National Association of Software and Services Companies (Nasscom) and global management consulting firm A T Kearney -- has identified 50 cities in India that are good for the IT-BPO industry.
Why BPOs in India fail to retain good people The country's outsourcing industry isplagued by highest level of attrition at 23.5 per cent, which is about 7.8 percentage points higher than other industries, a recent report has said.
Will this car ever come to India? It is the best-selling hybrid car in the US with sales likely to touch 200,000 units a year.
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September 08, 2008 | | Tatas shocked by Singur deal; to suspend work The controversy over the Tata Nano plant in Singur refuses to die down. Minutes after reports emanating from West Bengal indicated that the Singur impasse had finally come to an end with Tata Motors 'agreeing to give land,' the Tatas have expressed distress at the 'limited clarity on the outcome of the discussions between the state government of West Bengal and the representatives of the agitators in Singur.'
Honda Civic vs VW Jetta: Which is better? Would you spend Rs 13.49 lakh, ex-showroom, Mumbai on the Civic V AT - the fully loaded and most expensive Civic - or does it make sense to save 30 grand, exercise your left foot and buy the Volkswagen 1.6 Jetta Trendline?
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September 04, 2008 | | How land deal woes hit India's biggest projects From the Tatas giving up on Singur to farmers in Haryana demanding more from an SEZ developer, land acquisition has been industry's worst nightmare in the past few years. We analyse what went wrong in some of the biggest projects that have hit the land-purchase roadblock.
Tatas have abandoned projects earlier too Tata Motors' Singur debacle is not the first of its kind for the $60 billion group that is often referred to as 'nation builders.'
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August 28, 2008 | | The top 10 email scams Even if you are savvy enough to have set your filters in place, or have become adept at hitting the delete button, here are the top email scams you need to beware of.
New luxury train to cost Rs 25 lakh per trip! Riding on the stupendous success of Palace on Wheels, one of the top 10 luxury trains of the world, the Railway Ministry in close coordination with Rajasthan will be launching a second super luxury train in December.
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August 26, 2008 | | Skoda emerges India's most popular car For a second time in a row, Skoda, a unit of German car maker Volkswagen, topped the customer satisfaction survey in JD Power Asia Pacific 2008 India Sales Satisfaction Index study.
Ratan Tata's words of inspiration Ratan Naval Tata has been called many things. Quiet. Reticent. Humble. A businessman par excellence. Tenacious. And a tiger, when pushed to the wall. Here are some more inspirational words of wisdom from a titan of India's business world.
India's biggest media firms Here is a list of some of the companies that have listed on Indian stock exchange. We have not ranked them; they are merely presented in random order.
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August 25, 2008 | | Of Nooyi's silk saris and Buffett's square glasses Lalu Prasad Yadav seldom misses an opportunity to tell the world how he has filled the empty coffers of the Indian Railways in the last four years without raising passenger fares even once.
India's 10 longest runways The Indira Gandhi International Airport in New Delhi on August 21 got India's longest runway. The 4,430 metre Code-F complaint runway can handle the wide bodied aircraft like Airbus A-380 and Antonov AN-225.
How Lalu's magic helped the Railways Lalu Prasad Yadav seldom misses an opportunity to tell the world how he has filled the empty coffers of the Indian Railways in the last four years without raising passenger fares even once.
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August 23, 2008 | | Singur farmers don't want Tatas to leave In a fresh twist to the controversy over the Nano car project in Singur, farmers whose land had been acquired for the plant have said they do not want Tata Motors chairman Ratan Tata to pull out, a day after he threatened to leave West Bengal.
Apple iPhone: Beyond the hype Check out what the Apple iPhone is all about.
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August 21, 2008 | | The world's top 10 spammers India is one of the top 10 spammers in the world and it accounts for 2.99 per cent of global spam. The country is the world’s 9th largest spammer, and as its Internet infrastructure improves with rising prosperity the amount of spam or unsolicited e-mails emerging from India too is likely to multiply.
High iPhone prices may queer the pitch for Apple As Apple is set to launch the iPhone in the world's third largest mobile market, India, analysts aver that Apple's pricing - a well-guarded secret - is the key to snatching away the market share from Nokia.
Growth: Can India catch up with China? Vibrant entrepreneurship in India must contend with deteriorating state capacity.
Oakley's headquarters: Office or a spaceship? The headquarters of eyewear company Oakley is a masterwork of the architecturally provocative.
More billionaire college dropouts! Are college dropouts more successful than people with good education? It would seem so if you consider that many billionaires are people who dumped college. However, what this hides is the fact that although millions quit studies before completing them, very few of them go on to become rich.
Jerry Seinfeld to endorse Microsoft for $10 million Software giant Microsoft Corporation will pay American actor Jerry Seinfeld $10 million to endorse a $300-million advertisement campaign to promote the Windows Vista operating system, says a Wall Street Journal report.
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August 20, 2008 | | Get an iPhone for Rs 31,000 Indian consumers, who have waited for months to own the iconic 3G-enabled Apple iPhone, will have to pay Rs 31,000 for the entry-level 8GB memory mobile phone and Rs 36,100 for a model with double the memory.
Trade bandh: 80 strikes in 6 months! Millions of workers affiliated to the Left parties-controlled Centre for Indian Trade Unions struck work today in what is termed as the 'largest ever strike organised by the trade union movement'.
Billionaire college dropouts! Are college dropouts more successful than people with good education? It would seem so if you consider that many billionaires are people who dumped college. However, what this hides is the fact that although millions quit studies before completing them, very few of them go on to become rich.
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August 14, 2008 | | How good is this pay hike of 21%? The United Progressive Alliance government on Thursday announced an average increase of 21 per cent in salaries of over 50 lakh government employees with effect from January 1, 2006, adopting the Sixth Pay Commission recommendations.
The 30 titans in Dow Jones' India index It's a list of 30 companies, a list that has been vetted by the venerated Dow Jones and headlined the India Titans Index. This index is expected to aid financial institutions that are interested in investing in India.
Why US could lose tech edge to India The United States may be synonymous with the high-tech revolution, but it is fast losing its edge in science and technology, fear US corporate bosses, sociologists, educators and some politicians.
World's 8 most expensive perfumes These fragrances cost you a fortune.
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August 13, 2008 | | Revealed: TCS plan to be a global giant TCS, a giant at home, finds itself dwarfed overseas by the likes of IBM, HP and Accenture.
TCS, Infy, Wipro to be IT megavendors by 2011 Tata Consultancy Services, Infosys Technologies, and Wipro Technologies, collectively referred as 'India-3,' will emerge as the next generation of IT service megavendors, according to Gartner, Inc.
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August 12, 2008 | | All about payment of pension by banks For a man who is all heart, Devi Prasad Shetty has a good head for business - but the model is not strictly business.
A lot to look forward to for India's paints industry In an interview to rediff.com , Anuj Jain, vice president, Kansai Nerolac Paints Ltd, talks about the industry as a whole and also about the company's Spring Summer 2008 Collection-Renewal charted by fashion designer Manish Malhotra.
The success story of 'Dr Heart' For a man who is all heart, Devi Prasad Shetty has a good head for business - but the model is not strictly business.
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August 11, 2008 | | India's 10 cities with highest household incomes Surat households are the most prosperous in India, says a study jointly conducted by the National Council of Applied Economic Research's Rajesh Shukla and Future Capital Research's Roopa Purushothaman.
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August 07, 2008 | | Garuda, the car that runs 180 km per litre! Garuda, the car that offers a mileage of almost 200 kilometers to a litre of petrol? Yes! It's neither a pipedream nor a gadget out of a science fiction flick. It's a car that has been developed by a group of mechanical engineering students from the Rashtriya Vidyalaya College of Engineering, Bangalore.
World's 14 fastest cars Bugatti Veyron has emerged as the undisputed leader.
The futuristic Volkswagen Phaeton factory Twilight descends upon the 'Glass Factory,' the high-tech Volkswagen Phaeton luxury car assembly plant in Dresden, Germany.
How the $100-laptop dream can transform India Nicholas Negropante, head of One Laptop Per Child, is back in India to promote his product: an affordable, rugged laptop made for the most marginalized of students. The XO laptop costs less than Rs 8,000.
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August 06, 2008 | | Global CEOs sprint to the Beijing Games While the competition for the medals will be intense in the Beijing Olympic Games, there will be another, equally interesting battle played out in the sidelines. In a bid to woo the Chinese, and increase their footprint in the coveted Chinese market, multinational companies and business leaders are doing whatever they can to be associated with the Games.
World's 10 top management gurus The most influential living management guru in the world is C. K. Prahalad, according to The Thinkers 50 biennial poll of business thinkers.
Telgi pays more tax than Ambanis, Premji, Murthy! Abdul Karim Telgi, the prime accused in the Rs 3,000 crore (Rs 30 billion) fake stamp paper scam, paid more income tax this year than business magnates like Reliance Industries chairman and India's richest man Mukesh Ambani or Wipro Chairman Azim Premji or Infosys chairman Narayana Murthy.
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August 04, 2008 | | They quit good jobs to mint millions! They quit good jobs to mint millions! A few good people who decided to quit good jobs for better ideas.
World's 6 fastest motorbikes The Suzuki Hayabusa was made famous in India by the bollywood movie Dhoom
How Indian animation industry can be a star Toonz Animation India is rated as the number one animation studio in Asia. Situated at the Technopark in Thiruvananthapuram in Kerala, the studio can boasts of many an achievement. P Jayakumar, chief executive officer, Toonz Animation India, in an exclusive interview, talks about the studio and its various prestigious projects.
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August 01, 2008 | | Indian whizkid may change how America shops Millions use Nagesh Challa's gadgetry -- in Japan. Now he wants to change how Americans shop.
Telegrams to become history as post offices go e-savvy With the Department of Posts rolling out plans to provide various Internet-enabled services in all the post offices across the country, the telegram is bracing for consignment to history.
GM, Chrysler keen to launch these cars in India With the Department of Posts rolling out plans to provide various Internet-enabled services in all the post offices across the country, the telegram is bracing for consignment to history.
Tulsi Tanti on Suzlon, life, and business Tulsi Tanti, the 51-year-old chairman and managing director of Suzlon Energy, says the cancellation of an order for turbines by Edison International, California's largest utility owner, turned out to be a win-win situation for both parties.
Gold, world's most expensive food! Check out which are the most expensive food items in the world!
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July 31, 2008 | | Work ethics: How Indian cities fare TeamLease Services, India's largest staffing company, released the 4th survey in the series of 'World of Work' surveys to understand the changing scenario at workplaces in India.
UN goes green; cuts on air-conditioning The culture of stiff collar and smart suits in summer might be over at the United Nations as it ratchets up thermostat on weeks days and completely shuts down the air-conditioning during weekends to help reduce greenhouse gas emission and save $1 million.
World's top 10 companies HSBC Holdings is the world's top company followed by General Electric and Bank of America.
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July 30, 2008 | | 10 wonderful stocks to invest in Now, if valuations are also reasonably attractive, it makes a strong case for investment. Here are 10 companies that offer healthy dividend yields and good potential for upside over the next 12-15 months.
How the WTO talks collapsed Amidst tense moments, the nine-day World Trade Organisation talks collapsed on Tuesday as India and China refused to come under American pressure to yield on the issue of giving safeguards to farmers against surge in imports.
Will BMW race ahead of Mercedes in India? As the luxury car market expands, BMW can't help flirting with the thoughts of overtaking Mercedes.
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July 28, 2008 | | Will these super cars come to India? A concept car or show car is a car prototype made to showcase a concept, new styling, technology and more. They are often shown at motor shows to gauge customer reaction to new and radical designs which may or may not have a chance of being produced.
'Indian animators are second to none' S Ramaprasad, executive director of Toonz Academy, speaks about the academy and the Indian animation industry.
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July 25, 2008 | | Credit cards: What the banks must do The Reserve Bank of India has asked banks not to charge excessive interest rates on personal loans and prescribe a ceiling rate on small advances, a move that will benefit lakhs of card users.
Gates, Bloomberg pledge $500m to battle tobacco epidemic Microsoft co-founder Bill Gates and New York City mayor Michael Bloomberg have pledged $500 million to fight tobacco use in developing countries. The Bill & Melinda Gates Foundation is going to invest $125 million in the course of the next five years, while Bloomberg intends to boost his commitment to his Initiative to Reduce Tobacco Use from $125 million to $375 million in four years.
Narayana Murthy's words of wisdom To know more about the man, his life's philosophy and his success mantra, read on...
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July 24, 2008 | | Inflation eases to 11.89% HCL BPO chief executive officer Ranjit Narasimhan speaks about the BPO sector, the challenges faced by the industry, and the steps that are being taken to retain and train talent.
Nations with highest per capita income India's per capita income is almost Rs 40,000 ($950) per year, according to the latest figures released by the World Bank.
The world's fastest train service! The rail service will start from the southern railway station in Beijing, which will be the largest railway station in Asia.
World's top 10 consumers of oil The globe uses up almost 82 million barrels of oil every day, or 30 billion barrels per year, and the consumption is constantly growing by the day, with economies like India and China growing at breakneck speed.
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July 22, 2008 | | Why Vinod Khosla is the smartest guy in Silicon Valley Vinod Khosla is pouring his own millions into science experiments to counter global warming -- and to prove he's the smartest guy in the Valley.
10 calculations to know The value of investments is only as much as their returns. So, it is critical to know how much your money is worth to plan your financial goals.
10 ways to use technology The value of investments is only as much as their returns. So, it is critical to know how much your money is worth to plan your financial goals.
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July 17, 2008 | | India's largest private sector port opens United Progressive Alliance Chairperson Sonia Gandhi on Thursday dedicated the country's biggest private sector port at Krishnapatnam in Nellore district, opening a new gateway to South India through the East Coast.
Inflation at 13-year high; soars to 11.91% Inflation today shot up to a 13-year high of 11.91 per cent fuelled by rise in prices of petrol, diesel and cooking gas, giving no relief to the government from the spiralling prices in an election year.
Top 10 software companies in India Check out the top ten players in the Indian IT industry.
The spectacular BMW World The main function of BMW Welt is to serve as a highly personalized delivery point of new cars to their owners
All you wanted to know about financial planning Financial planning is the process of assessing the financial goals of a client that arise at different intervals in his life, taking into account an inventory of the investments and other assets he already has to help him achieve those goals and estimating what he will need in the future.
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July 14, 2008 | | Phaneesh Murthy on IT industry, economy & outsourcing Mumbai, New Delhi and Bangalore have been ranked among the 75 top centres of commerce in the world.
Indra Nooyi on the New India Last month Indra K Nooyi, PepsioCo's first lady Chairman and CEO, became the first lady chairman of the United States India Business Council, a forum that has worked tirelessly to improve the India-US business relationship for more than 30 years. This is the speech the Chennai-born Nooyi delivered at the USIBC's annual meeting
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July 03, 2008 | | Now, a vending machines to sell smart cars! Japanese manufacturers of smart cars - hybrid vehicles about half the size of the regular saloons that need lesser space to park - have come up with a new concept to woo prospective buyers.
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