Aakash: Cheapest tablet far from real

Aakash: Cheapest tablet far from real New Delhi: Human Resource Development Minister Kapil Sibal's pet project Aakash tablets is in a mess. Six months after the launch of the world's cheapest tablet computer Aakash, not a single tablet has been delivered so far. The Rs 2,250 tablet remains a distant dream for students. "There are milestones in life when we feel we have really achieved something great. This is one of those milestones," Kapil Sibal had...
09:39 PM, May 25, 2012

Will struggling TV sector survive digitisation?

Will struggling TV sector survive digitisation? Mumbai: From July 1, it will become mandatory for all TV viewers across the four metros to get digital set top boxes. But even as the process of mandatory conversion of analog cable signals to digital continues across the metros, industry experts have flagged off the need for introducing and implementing some critical steps to ensure the revival of the television industry, which has come under steep financial strain despite...
08:58 AM, May 01, 2012

Basu's remarks proof of policy paralysis: BJP

Basu's remarks proof of policy paralysis: BJP New Delhi: India's Chief Economic Advisor Dr Kaushik Basu's statements on policy paralysis led to the BJP accusing the government of being in a coma and the government blaming the Opposition for the situation. Boardroom corners, industry chambers, policy-makers - everwhere - this was a hushed up conversation. And now its official - an admission coming from none other than Basu. "Reforms are unlikely before the 2014 elections. Bureaucracy doesn't...
10:31 PM, Apr 20, 2012

1600 Illegal colonies an MCD election issue

1600 Illegal colonies an MCD election issue New Delhi: Regularisation and development work in the unauthorised colonies of Delhi is a contentious issue on which political parties fight their local-body elections. As Delhi aspires to be a world-class city, its underbelly, the 1,600 unauthorised colonies showcase a civic mess. Pul Pehladpur is one of the designated unauthorised colonies in South Delhi. As the election tempo for 2,72 Delhi Municipal Corporation seats picks up, local politicians are once...
08:50 AM, Apr 11, 2012

Budget 2012: Will the FM reduce the tax burden?

Budget 2012: Will the FM reduce the tax burden? New Delhi: Money does not grow on a tree nor does it fall from the sky. But most of our hard earned money goes in paying taxes. America's founding father Benjamin Franklin once said, "Nothing is certain in life but death and taxes". And high taxes certainly choke us every day. Brinda Mathur runs a PR firm. It's the start of a brand new week for her and she does...
08:44 AM, Mar 15, 2012
Nationwide strike hits normal life in Delhi

Nationwide strike hits normal life in Delhi

All nationalised banks are shut, with employees hoisting banners at their offices. Bus services, however, is reported normal. ...
10:16 AM, Feb 28, 2012
'Slowdown in Western economies give India a chance to grow'

'Slowdown in Western economies give India a chance to grow'

UN Industrial Development Organization's Director General Dr Kandeh K Yumkella says slowdown in the western economies has thrown open opportunities for India to attract investments into the country. ...
04:35 PM, Feb 06, 2012

Fall of the rupee: who gains, who loses

Fall of the rupee: who gains, who loses New Delhi: The fast deteriorating value of the Indian rupee is spelling good news for some and bad news for others. With industrial growth at an all-time low, the fall in the rupee could not have come at a worse time. Student Sanjana Prakash has been preparing for studies abroad for one year. But now she is having second thoughts. Sanjana is worried that her dream of acquiring a foreign...
09:18 AM, Dec 14, 2011

India Inc, politicians battle over FDI in retail

India Inc, politicians battle over FDI in retail New Delhi: On the FDI in retail issue, battle lines are now clearly drawn between India Inc and the politicians, who are rooting for the neighbourhood grocer. While politicians are divided on the issue Corporate India appears united. The biggest fear of them is - will it create jobs or takeaway jobs? "Retailing in India will bring different contours for farmers, small manufacturers and employment," said Bharti Walmart Chairman Rajan...
09:44 AM, Nov 29, 2011

Tata watchers give thumbs up to Cyrus Mistry

Tata watchers give thumbs up to Cyrus Mistry Mumbai: Former Tata Steel MD JJ Irani has praised Tata Sons Chairman Ratan Tata's surprise decision to appoint 43-year-old Director of Tata Sons and Tata Elxsi (India) Cyrus Mistry as his successor. This is the second time that the group will have a non-Tata at the helm of affairs in its 143-year history. Giving a thumbs up to Mistry, JJ Irani said, "He is very open, he is correct, he...
06:10 AM, Nov 24, 2011

The rise and fall of Rajat Gupta

The rise and fall of Rajat Gupta New Delhi: Rajat Kumar Gupta, aged 62, educated at IIT Delhi and Harvard Business School. Former Director, Goldman Sachs & Co-Founder of the Indian Business School. And now, an accused in an insider trading case, out on a $ 10 million bail. If found guilty, the poster-boy of Indian-American Wall Street success could face 105 years in prison. If Rajat Gupta's fall from grace was stunning, his rise in the...
08:03 PM, Oct 27, 2011

Strike at Maruti Suzuki Manesar plant ends

Strike at Maruti Suzuki Manesar plant ends New Delhi: The 14-day-long strike at Maruti Suzuki India's Manesar's plant was called off on Friday morning following a tripartite agreement between the management, workers and the Haryana Government. As part of the agreement, the management agreed to take back 64 permanent workers but another 30 will remain suspended. It was also agreed that around 1,200 casual workers would also be reinstated, sources privy to the talks said. The strike...
05:26 AM, Oct 21, 2011

Maruti deadlock: Workers pushed too hard?

Maruti deadlock: Workers pushed too hard? Manesar: Sushil Kumar, 28, has been working with Maruti for the last 5 years. Its been difficult he admits, claiming that working conditions are not the best and salaries are deducted even for earned leave. Which is why, they had no option but to protest. Kumar said, "Maruti Worker Permanent workers get Rs 16,000 but if attendance is short we get just Rs 9000. Even if we take one day...
09:14 AM, Oct 20, 2011

Maruti may shift base to Gujarat: Sources

Maruti may shift base to Gujarat: Sources New Delhi: After a series stand-offs between the management and employees, sources say that Maruti Suzuki India may be shifting base out of Gurgaon. Sources have confirmed to CNN-IBN that India's largest automaker is looking at Gujarat as their new location citing the recent spate of strikes in their Gurgaon plant as the reason. They said that the Maruti Suzuki Board is meeting on October 29 to take a decision...
03:21 PM, Oct 19, 2011

Strike at Maruti's Manesar unit enters 8th day

Strike at Maruti's Manesar unit enters 8th day New Delhi: The strike by workers at Maruti Suzuki India's Manesar plant entered its eighth day on Friday with no sign of an end despite the Haryana government declaring it illegal on Thursday. The strike got a moral booster as trade unions and workers from in and around Manesar officially joined the strike. But the Maruti Suzuki chairman said they will not cede to the worker's demands and more workers...
06:36 AM, Oct 14, 2011