No sooner Prime Minister Manmohan Singh arrived at Durban, he must have been shocked to hear from his High Commission that seven of India staff in Pretoria were relieved of their September salaries by gun-toting ruffians.
Posted by The Financial Express as Business & Finance at 10:43 PM CDT
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Despite a petition from three depositors of United Western Bank challenging the RBI’s moratorium order being currently heard by the Bombay HC, the Centre on Saturday sanctioned a scheme for merging the bank with IDBI with effect from October 3.
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The Mumbai police claims to have cracked the July 11 serial blasts case in Mumbai trains that killed over 200 people. The police said Pakistan’s ISI was the mastermind behind the terror attack carried out by Lashkar-e-Tayyaba with help from Students Islamic Movement of Indian activists.
Posted by The Financial Express as Business & Finance at 10:43 PM CDT
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Almost five decades since he preached simplicity and non-violence, the man in the loincloth today has more followers than ever before. What’s more, even a rash of universities in India and abroad are taking note of the Mahatma and his principles. Harvard School of Business Management has even crowned him the Management Guru of the 20th century.
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The US is emerging once again as the number one destination for international graduate school students. At least that’s what the application numbers show.
Posted by The Economic Times -
Education as Education at 8:22 PM CDT
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The CCEA on Friday gave its seal of approval to the award contract of 10 coal bed methane (CBM) blocks.
Posted by The Economic Times as Business & Finance at 8:14 PM CDT
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Bond prices fell on Friday in reaction to RBI governor YV Reddy’s statement on long term rates.
Posted by The Economic Times as Business & Finance at 8:14 PM CDT
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Urban men are engaged in trade while female workers prefer the services sector, according to a survey.
Posted by The Economic Times as Business & Finance at 8:13 PM CDT
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Over 18,000 employees have quit public sector oil companies since 1999, says the petroleum ministry.
Posted by The Economic Times as Business & Finance at 8:13 PM CDT
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The Indian airline industry is pulling out its survival kit to deal with mounting losses.
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Yahoo will give the underlying code to encourage software pros to build new applications based on e-mail.
Posted by The Economic Times as Business & Finance at 8:13 PM CDT
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As the UPA celebrates its half term in government, P Chidambaram wants more leg room to push reforms.
Posted by The Economic Times as Business & Finance at 8:13 PM CDT
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The fact that India is a democracy & Indians are great learners makes it a safe plce to invest.
Posted by The Economic Times as Business & Finance at 8:13 PM CDT
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