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Nov 25, 2009
 
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  22800 fake staff cost Delhi municipality crores! (25 November 10:09)
In a startling disclosure, the Municipal Corporation of Delhi on Wednesday said it has found 22,853 'ghost employees' on its payrolls, an administration lapse that has been costing the civic...
  Advertorial Selling news or products (25 November 10:09)
Advertorial: Selling News or Products?, a documentary film directed by journalist and academic Paranjoy Guha Thakurta and produced by the Public Service Broadcasting Trust, looks at the blur...
  RNRL view on how Ambani row can be resolved (25 November 10:09)
Stumbling blocks for resolving the gas row between the Ambani brothers can be removed by putting together the family MoU and the demerger scheme, Anil Ambani-led RNRL told the Supreme Court ...
  Subbarao pooh-poohs Krugmans boring banking idea (25 November 10:09)
Reserve Bank of India Governor D Subbarao on Wednesday contested the idea of "making banking boring" to bring back economic stability, mooted by Nobel laureate Paul Krugman in the wake of gl...
  User verification Airtel gets highest penalty (25 November 10:09)
Leading telecom operators including Bharti Airtel, BSNL, Vodafone and the Tatas are understood to have been slapped penalty for non-verification of subscribers in the J & K and Assam cir...
  Bajaj Hindusthan to set up 5 power plants (25 November 10:09)
India's largest sugar company Bajaj Hindusthan Ltd on Wednesday announced its diversification into power business with plans to set up five plants having a total capacity of 400 MW at an inv...
  Now CAG to audit telcos books (25 November 08:18)
This comes on the heels of the department of telecom appointing private auditors to look into the books of telcos after it was detected that some of the operators were diverting revenues in ...
  Satyam sinks CBI pegs loss at Rs 14000 cr (25 November 08:18)
The scrip ended today's trade at Rs 90.55, down by 10.92 per cent from its previous close on the BSE.
  Extend tax holiday to 5-star hotels also Assocham (25 November 08:18)
The government in 2007-08 had announced tax holiday scheme of five years for two-star, three-star and four-star hotels, besides convention centres in NCR.
  MPs demand hike in workmens compensation (25 November 06:18)
Participating in the debate on the Workmen's Compensation (Amendment) Bill, 2009, Arjun Ram Meghwal of the Bharatiya Janata Party said the proposal was to increase the compensation in case o...
  Bharti adds 150 mn DTH connections in Apr-Oct (25 November 06:18)
Bharti Airtel said on Wednesday its digital services added 1.50 million customers between April and October this year and 60 per cent of its subscribers are from the rural region.
  AIG nods $7 mn pay package for CEO Benmosche (25 November 06:18)
Benmosche would receive an annual salary of $3 million in cash and $4 million in AIG common stock as per the previous agreement on August 17.
  IDBI scouting for buyouts 2 banks on radar (25 November 06:18)
After acquiring United Western Bank three years ago, IDBI Bank is now once more on the prowl for acquisitions.
  Beware of these 14 cyber threats! (25 November 06:18)
Cyber threats continue to haunt internet users across the world.
  Sops for drug exporters avoiding Europe (25 November 06:18)
The Department of Pharmaceuticals has submitted a freight subsidy scheme for exporters to the Commerce Ministry so that they could take alternate routes and avoid transit through Europe, whi...
  India US to boost biz cooperation (25 November 06:18)
While the Framework would support small and medium enterprises in exploring new business opportunities, the US-India Financial and Economic Partnership would deal with economic, financial an...
  RBI reshuffles top portfolios (25 November 06:18)
Along with Subir Gokarn's appointment as the fourth deputy governor, the Reserve Bank of India on Wednesday reshuffled some of the key portfolios of its deputy governors and executive direct...
  Car purchase No VAT for Army personnel (25 November 06:18)
As per the notification, exemption in VAT would be limited to sale of 3,000 motorcycles, scooters and mopeds and 1,200 four-wheelers every year, they said adding that serving personnel of In...
  Pre-97 RBI staffers may get less pension (25 November 06:18)
This is because of a government order that RBI has no power to update pension of its employees. This has been a bone of contention between the government and the central bank for the past on...
  Recovery not broad based Gokarn (25 November 06:18)
New dy governor of RBI says capital flows, inflation challenges.
  Markets end in the green (25 November 06:18)
The market breadth turned negative towards close. Out of 2,848 stocks traded on the BSE, there were 1,289 advancing stocks as against 1,484 declines.
  Gold at record high! Rs 18000 per 10 gm (25 November 06:18)
Gold struck another historic peak of Rs 18,000 per ten gram in the national capital today on sustained buying by stockists for the current marriage season amid a weakening dollar and reports...
  Colourful syringes to hit markets soon (25 November 04:18)
Acceptors, the name given to the first-of-its-kind syringes, is being developed by two young Indian entrepreneurs.
  RIL refineries to get one-fifth of gas from KG-D6 (25 November 04:18)
RIL had sought 11.80 million standard cubic meters per day of KG D-6 gas to meet feedstock requirement at its twin refineries but it got only 2.34 mmscmd.
  250000 IT jobs up for grabs soon (25 November 04:18)
The IT jobs market will, however, not be the same as it was two years ago but will also not be as bad as it was last year, Pai said, adding the fresher-lateral hiring ratio is likely to be a...
  Meet the expats who guide Indian firms (25 November 04:18)
Expatriate talent is the need of the hour as more and more companies have international clients and a major chunk of revenue comes from the overseas.
  Organised retail hasnt hurt small shops Govt (25 November 04:18)
Replying to supplementaries in Rajya Sabha during Question Hour, commerce minister Anand Sharma said, "There can be no negative impact of organised retailing on unorganised sector as 96 per ...
  Core sector financing a big challenge RBI (25 November 04:18)
"Going forward financing infrastructure is going to be a big challenge for the banking sector... a big issue is the asset-liability mismatch. . .apart from finding resources, Banks will also...
  Quiz Test your basic loan quotient! (25 November 04:18)
Do you know what to keep in mind while opting for a loan? Take the Rediff Biz Quiz and find how much you know about loans.
  Govt not to revisit arrested CLB members cases (25 November 02:18)
The government on Wednesday said it will not relook at the investigations handled by arrested Company Law Board member R Vasudevan, when he was heading the inspection department of the minis...
  More Indian Americans returning to India (25 November 02:18)
The number of Americans of Indian-origin coming back to India, especially South India, has increased in the last few years as the opportunities available for them here had increased, an Amer...
  India may get $3 bn WB loan for roads soon (25 November 02:18)
The government has sought loan for converting 6,372-km of 1-lane highways to 2-lane out of the total 19,702 km single lane highways in the country under National Highways Development Project...
  ULIPs are obviously going to become attractive (25 November 02:18)
Aviva CEO talks about talks about some of key issues on insurance.
  Volkswagen to launch Beetle on Dec 4 (25 November 12:36)
The company has not officially disclosed the prices yet, but industry insiders say the car will be available in the range of Rs 19-20 lakh (Rs 1.9-2 million), even for the basic variant. The...
  Two launches set the field for customer value (25 November 12:36)
The minimum entry age for both plan is 18 years.
  Will number portability hit old telcos (25 November 12:36)
High-value post-paid subscribers are more likely to use number portability in India where the market is dominated by pre-paid subscribers who look for the cheapest service.
  Satyam case CBI files supplementary chargesheet (25 November 12:36)
The 200-page supplementary cited 1,549 additional documents, 301 more witnesses and nine material objects. The CBI filed the first chargesheet on April 7.
  Want to go abroad Offer plane to God! (25 November 12:36)
Thousands of individuals in the Doaba region hold this holy shrine in high esteem.
  High gold prices dampen wedding demand (25 November 12:36)
Even those reaching out to jewellery showrooms at the peak of the marriage season are putting a cap on their purchases, jewellers rued.
  Office property market yet to beat slump (25 November 10:18)
Because of oversupply and rising vacancy levels in cities such as Delhi, Mumbai, Bangalore, among others, rentals are expected to remain stagnant in the next six months or see a further fal...
  Indian firms ink 8 deals with US counterparts (25 November 10:18)
MoUs range across pharma, telecom, IT and homeland security.
  Trade MFs on NSE from Monday (25 November 10:18)
Exchange to launch mutual fund trading platform; BSE set to follow.
  Infy may acquire European cos for $400-500 mn (25 November 10:18)
Infosys, for long, had been trying to strengthen its consulting practice as clients are now asking for more advisory-related work. Consulting and enterprise solution business together consti...
  Law Board boss in net for graft (25 November 10:18)
Acting chief Vasudevan caught taking Rs 7 lakh.
  How Indians made Silicon Valley worlds tech hub (25 November 10:18)
'When the Bay Area's innovation infrastructure -- research institutions, technology companies, and capital and risk-taking culture -- comes in contact with India's talent and entrepreneurial...
  India US form partnership to guide economic ties (25 November 02:18)
US Treasury Secretary Tim Geithner and Finance Minister Pranab Mukherjee announced the establishment of a new US-India Economic and Financial Partnership to strengthen bilateral engagement a...
  Citi sells Diners Club North America biz (25 November 12:18)
The company, however, did not disclose the financial details of the deal.
  Gujarat to build world-class cities Modi (25 November 12:18)
Gujarat has accorded top priority to proper management of urban areas and cities of the state will be a role model for others in the country, Chief Minister Narendra Modi said.
  No cracks on Bandra-Worli sea link MSRDC (25 November 12:18)
The Maharashtra State Road Development Corporation (MSRDC), on Tuesday said that there were no cracks or leakages on the recently inaugurated Bandra-Worli sea link bridge. MSRDC, alongwith H...
  79 BSE brokers oppose extension of trading hours (24 November 08:09)
Eight per cent felt that the markets should be extended in both the morning as well as the evening sessions.
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