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The 40 Richest Indians
These are painful times for India's richest as the ongoing global turmoil drastically reshapes their fortunes. The country's once soaring stock market fell 48% in the 12 months, the rupee depreciated 24% against the dollar and gross domestic product growth is expected to slow down to 7.5%, partly owing to double-digit inflation. more...
                            How Buffett comes up with his winning picks
TBack in 1999, Robert G Hagstrom wrote a book about the legendary investor Warren Buffett, entitled The Warren Buffett Portfolio. What's so great about the book, and what makes it different from the countless other books and articles written about the "Oracle of Omaha" ... more...
 
  
Credit Crisis: Wall Street seen losing 30,000 jobs
NEW YORK: New York Governor David Paterson on Monday said Wall Street might lay off 30,000 workers in a worst-case scenario following Lehman Brother's bankruptcy filing and problems at other big financial firms. more...
                            What is Chapter 11 bankruptcy?
The US bankruptcy code 11 is usually the path taken by organizations, when faced with crippling debt. Code 11 gives the organization ample time to restructure its assets and attempt a profitable start... more...
 
  
Vacant OBC seats to go to General Category: SC
New Delhi, Sep 15 (PTI) The Supreme Court today said that seats remaining vacant after the implementation of 27 per cent OBC quota in central educational institutions like IITs and IIMs will go to general category candidates and it would be "desirable" not to have huge difference in cut-off marks. more...
                            Markets in turmoil by Lehman failure, Merrill sale
NEW YORK (Reuters) - Global markets plummeted on Monday after investment bank Lehman Brothers filed for bankruptcy protection, rival Merrill Lynch agreed to be taken over and the Federal Reserve threw a life line to the battered financial industry.... more...
 
  
Tata Motors suspends work in Singur
Tata Motors today officially announced suspension of construction and commissioning of work at the Nano plant at Singur in view of continued confrontation and agitation at the site, adding that it was working on a detailed plan to relocate the plant and machinery to an alternate site. more...
                            Two Indians who made it big in the US
Dipak C Jain was 17 minutes into his first presentation as the Dean of Kellogg School of Management when the world changed. This was 8.17 AM Chicago time, an hour behind New York. The date was September 11, 2001.... more...
 
  
Zimbabwe introduces Z$100bn note
Zimbabwe is to introduce a bank-note worth Z$100bn in response to rampant inflation - but the note will barely cover the cost of a loaf of bread. more...
                            Double-digit inflation to continue till December
NEW DELHI: Inflation is projected to remain in double digits till the end of this year as the fiscal measures initiated by the government are expected to yield results only by December, a latest report by Dun & Bradstreet says.... more...
 
  
Eight more new IITs approved
As many as eight new Indian Institutes of Technology (IITs) would be set up in the country during the current academic session to impart high quality technical education. more...
                            OBC quota for faculty posts in IITs challenged
New Delhi: The Supreme Court on Tuesday issued notice to the Centre and the University Grant Commission on a petition challenging the policy of extending reservation for the Other Backward Classes to faculty posts in the Indian Institutes of Technology, the Indian Institutes of Management... more...
 
  
250 new ITIs to be set up
In a departure from the past, private players will be roped in to set up 250 new industrial training institutes (ITIs) in 638 un-served or backward blocks of Uttar Pradesh on the basis of public-private partnership (PPP). more...
                            Uttar Pradesh to open 70 engineering, management colleges
Lucknow, June 28 (IANS) Over 70 engineering and management colleges will be set up in Uttar Pradesh, an official said Saturday. These institutes would be affiliated to the Uttar Pradesh Technical University (UPTU), Lucknow. More than 260 technical institutes are now affiliated to UPTU.
 
  








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