Thiruvananthapuram: Kerala's business capital, Kochi will host the prestigious the World Economic Forum's India meet November 8-9, said Chief Minister Oommen Chandy on Tuesday. Chandy told reporters in Thiruvananthapuram that this is a rare honour for the state.
"India has hosted this event 28 times in the past, of which Mumbai hosted it once, while Delhi played the host on all other occasions," he noted.
"More than 250 top notch business honchos, leading NGOs and top political leaders from the country will be attending the event. We are delighted that our state has come into the world radar and that's the reason why we have been given this opportunity," added Chandy.
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05:25 AM, Jun 19, 2013
New Delhi: Two persons were arrested on Sunday for allegedly making fake driving licenses and birth certificates in north-west Delhi. Additional Commissioner of Police (crime) Ravindra Yadav said Babu Ram, 29, and Ram Singh, 37 were arrested on a tip-off that they along with others were indulged in selling fake driving license and birth certificates. The duo were arrested from Sanjay Gandhi Transport Nagar on Friday, police said. The police...
01:45 AM, Jun 17, 2013
New Delhi: A Tamil film actor-cum-director was arrested by Delhi Police for duping a Delhi-based businessman of Rs 5 crore on the pretext of facilitating a Rs 1,000 crore loan to his company, police said Monday. S. Srinivasan, 52, a resident of Chennai, was taken to Delhi from Chennai where he was lodged in judicial custody in another cheating case. "Srinivasan is involved in nine cases of cheating using the...
10:57 AM, Jun 11, 2013
Washington: US lawmakers have joined some top business organisations of the country to allege that the "restrictive" and "protectionist" policies of India are putting a growing bilateral trade at risk, an issue said to be of deep concern for the Obama administration. "We're very concerned about the innovation and the investment environment in India at the moment," Mike Froman, National Deputy Security Advisor on economic policies to US President Barack...
04:46 AM, Jun 07, 2013
Washington: Leading US business groups on Wednesday urged President Barack Obama to act against what they said were "unacceptable" Indian trade practices that have hurt US exports in areas ranging from pharmaceuticals to electronics. The National Association of Manufacturers and other business groups expressed their concerns in a letter that was still being circulated on Wednesday to collect more signatures. It was expected to be sent to the White House...
12:45 AM, Jun 06, 2013
Hyderabad: A court in Andhra Pradesh is set to hear a complaint made against the Indian cricket team captain MS Dhoni for hurting religious sentiments. The case was filed against the skipper after he appeared in an avatar of Indian god Vishnu in a national business magazine. In its April cover, the magazine showed Dhoni holding the various products he endorses including a shoe. Dhoni has also been under scrutiny...
08:47 AM, Jun 04, 2013
New Delhi: A 35-year-old businessman was on Sunday stabbed to death in Delhi by his jobless younger brother over a property dispute, police said. Mukhtyar Ali, who used to run an air-conditioner repairing shop, was stabbed in the chest with a pair of scissors by Dilshad, 30, at his house in central Delhi's Chandni Mahal area around 10.45 am, police said. Police said Dilshad is absconding. The two brother had...
05:12 AM, Jun 03, 2013
When you think of mythology and management, it becomes very difficult to connect the two. Doesn't it? I am sure anyone would think it is impossible or close to being impossible, however that isn't the case for Dr. Devdutt Pattanaik, who when speaks of mythology, does not consider it any different from daily living. He doesn't categorize or compartmentalize the concept at all. When Dr. Pattanaik writes or talk of...
07:44 PM, May 29, 2013
It's hard not to think about Google when you read 'The New Digital Age'. The cover highlights the association of the authors with the company: Eric Schmidt is its executive chairman and Jared Cohen, the director of its think tank Google Ideas. And, with a subtitle that reads 'Reshaping the future of people, nations and business', it is hard not to think about the paradox of Google in India. In...
12:55 PM, May 29, 2013
Tokyo: Prime Minister Manmohan Singh on Tuesday acknowledged that there are difficulties with some state governments over the implementation of the Goods and Services Tax (GST) but said that he is confident it would be implemented in "an appropriate type" by 2014. "The objective of the Indian government is to move towards a Goods and Services Tax applicable all over the country. But India is a federation, and in a...
04:08 AM, May 29, 2013
Dr Devdutt Pattanaik and Modern Management infused with Mythological concepts seem to go hand in hand. He has always been at the forefront of exploring and breaking paradigms when it comes to looking at Mythology in the country or for that matter Management as well. With his new book, "Business Sutra: A Very Indian Approach to Management" he shatters all myths and at the same time urges you to look...
10:07 AM, May 24, 2013
London: Finance Minister P Chidambaram's reform push to revive Indian economy and restore investor confidence was on Thursday lauded by British Chancellor of the Exchequer George Osborne, who said he has done a great job. "When it comes to India, I think Mr Chidambaram has done a great job at telling and showing the world that India is open for business," Osborne told select Indian journalists after his meeting with...
02:20 AM, May 17, 2013
Lucknow: In an initiative aimed at ensuring time-bound issuance of clearances to industries, the Uttar Pradesh government on Monday announced its decision to frame an exclusive law for the purpose. The decision was taken after a presentation made before state Chief Secretary Jawed Usmani, said officials. To be drafted by Udyog Bandhu, the mandate of the proposed Uttar Pradesh Industrial Services Guarantee Act includes provisions for delivering notified services within...
05:10 AM, May 14, 2013
Dubai: An expatriate Indian man and his three-year-old daughter in Bahrain have been forced to rough it out in the open for the last six months after a business deal went sour. A desperate Mohammad Sikandar Samrat and his daughter Sara have been living in a park, mosque and car since November 2012 as his daughter does not have a passport and he is yet to get 65,000 Bahraini dinars...
07:38 PM, May 13, 2013
Alpharetta: AT&T is launching a prepaid cellphone service - Aio Wireless. The new subsidiary will offer nationwide wireless service to value-conscious customers interested in unlimited talk, text and data plans without an annual contract. Aio launches Thursday in select stores in Houston, Orlando, Fla., and Tampa, Fla. AT&T plans to roll out the service in multiple markets across the US over the next year. The company will offer three rate...
10:29 AM, May 12, 2013
Mumbai: State Bank of India on Friday said it has entered into a partnership with the Industrial Bank of Korea to help the Korean small businesses doing business here in the country. The agreement will help about 480 Korean small and medium enterprises operating in the country, SBI said in a statement issued in Mumbai. In the absence of a branch of the Korean bank in the country, "this agreement...
03:45 AM, May 11, 2013
Chennai: A 26-member British business delegation, led by Kenneth Clarke, cabinet minister and the prime minister's trade envoy, will visit Tamil Nadu this week to promote healthcare partnership with the state. In a statement issued here, the British High Commission said Clarke is expected to meet Chief Minister J Jayalalithaa and Health Minister KC Veeramani May 8, 2013. "On May 9, 2013 he will deliver a speech at a conference...
05:35 AM, May 07, 2013
Mumbai: Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes. Tainwala, a 55-year-old expatriate Indian, owns Planet Retail, which held the India franchise rights for US fashion labels Guess and Nautica as well as UK retailers Next and Debenhams. He sold the brands last September to various Indian businesses. "Right now it's not possible to...
12:37 PM, May 05, 2013
California: Facebook Inc's mobile advertising revenue growth gained momentum in the first three months of the year as the social network sold more ads to users on smartphones and tablets, partially offsetting higher spending which weighed on profits. New types of ads designed for smartphones, particularly ads aimed at enticing Facebook users to install mobile apps on their phones, helped lift revenue while traffic to the social network remained strong....
01:37 PM, May 02, 2013
Lucknow: Uttar Pradesh minister Shivpal Singh Yadav's letter to US President Barack Obama on cabinet colleague Azam Khan being detained at Boston airport has triggered a controversy with opposition parties and civil society activists terming it objectionable. In a petition sent to Governor BL Joshi, activist Urvashi Sharma termed the letter written by the Public Works Department (PWD) minister as unconstitutional and against diplomatic norms under which external affairs is...
05:58 PM, May 01, 2013
