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India is expected to hike interest rates again to battle inflation that remains around 10%. Skilled professionals are in high demand as companies face talent shortages. Mukesh and Anil Ambani's groups accounted for over 90% of failed M&A deals this year totaling $27 billion, including Reliance Industries' $14.5 billion bid and Reliance Communications' $10.8 billion tower merger. Food inflation rose to 11.47% while fuel inflation remained at 12.71% according to government data. Mukesh Ambani is forecasted to become the richest man in the world in 2014 with a net worth of $62 billion according to Forbes.
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It is important to remember though that the ‘green shoots’ which are growing tall now have sprung up in response to fiscal stimuli and rate cuts worldwide, not through any change in fundamental factors. Work is on towards changing standards of regulation and supervision internationally, but these will take time to be implemented. In the meanwhile, we have to point out that we are now tired of stressing on one issue - that such high levels of expenditures, in India and abroad, are inflationary whatever way one tries to handle it. Expectedly, the rational components of financial markets recognize this problem and we are seeing significant upward pressure on interest rates. This is a natural outcome of government over-spending.
There is a possibility that to get around this problem this government may try to borrow from abroad. And if that happens on a large enough scale, the final degree of freedom that the government will have, would have been used up. We therefore do not support such an initiative, despite its short term advantages of keeping upward interest rate pressures under check. Note that India has done something similar in the past (during the Rajiv Gandhi years) when it borrowed internationally and spent on unproductive activities. For a few years things looked very good, but pressures were building. The ruling conglomeration in the post Rajiv Gandhi years just did not have the ability to handle the pressures so generated. We all know the final outcome.
At the end of the day we cannot spend this much without paying for it one way or another. And it is better to pay by way of lower investment, higher interest and prices, rather than macro-economic instability. But the first best solution remains the same - don’t spend on unproductive activities please.
PS. Please visit our new homepage for interactive time series graphs of economic indicators
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This summary provides the key details from the document in 3 sentences:
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The US GDP grew at an annual rate of 2.5% in the first quarter of 2013, driven by strong growth in consumer spending and business investment in inventories. The US jobs report for April 2013 showed an addition of 165,000 jobs, revised upward from previous months. While this signals continued slow improvement in the jobs market, some signs of caution remained such as a decline in average work hours. The unemployment rate held steady at 7.5%.
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ECONOMY MATTERS: Corporate Profitability and Investment Trends
ECONOMY MATTERS: Corporate Profitability and Investment Trends
National economic survey 2019 20 series volume 1 chapter 3 - pro-business ver...
National economic survey 2019 20 series volume 1 chapter 3 - pro-business ver...
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BIZ QUIZZARD 585
John Cryan has been named the new CEO of Deutsche Bank, replacing Anshu Jain. Wadia Group is selling its last textile manufacturing unit in Pune to Oasis Procon for Rs 230 crore. NRI deposits in Kerala crossed Rs 1 lakh crore last financial year according to the state level bankers committee. SpiceJet unveiled its new logo and slogan 'Red. Hot. Spicy' as part of its 10th anniversary celebrations. Milk Mantra is launching a dairy-based health beverage called MooShake in Bengaluru and plans to expand to other cities.
How Portable Are the Metadata Standards for Scientific Data?
The one-covers-all approach in current metadata standards for scientific data has serious limitations in keeping up with the ever-growing data. This paper reports the findings from a survey to metadata standards in the scientific data domain and argues for the need for a metadata infrastructure. The survey collected 4400+ unique elements from 16 standards and categorized these elements into 9 categories. Findings from the data included that the highest counts of element occurred in the descriptive category and many of them overlapped with DC elements. This pattern also repeated in the elements co-occurred in different standards. A small number of semantically general elements appeared across the largest numbers of standards while the rest of the element co-occurrences formed a long tail with a wide range of specific semantics. The paper discussed implications of the findings in the context of metadata portability and infrastructure and pointed out that large, complex standards and widely varied naming practices are the major hurdles for building a metadata infrastructure.
Scientific data management (v2)
Covers basic concepts of data and data management and a few examples of data services provided by universities.
Using e-Infrastructures for Biodiversity Conservation
An introduction into the concept of Virtual Research Environments.
Explaining how computer science can support communities.
Developing Data Services to Support eScience/eResearch
The document discusses the development of data services to support eScience/eResearch. It provides an overview of eScience, including that it involves large-scale collaborative science enabled by the internet using digital data. Characteristics of eScience include being data-driven, distributed, collaborative, and trans-disciplinary. Libraries are important to eScience because it involves large data sets, collections, and repositories. The document also discusses how science paradigms have shifted to become more computational and data-focused.
Stephen covey 90 10 rule
The 90/10 principle states that 10% of life is made up of external events outside of our control, while 90% is determined by our reactions to what happens. How we react to situations, both positive and negative, largely influences our experiences. The document provides an example of how having a negative reaction to spilled coffee can ruin one's whole day, while responding positively can make the day go smoothly. It encourages applying the principle by not letting external factors like traffic or delays affect one's mood and instead focusing on how one can respond constructively. Mastering this principle can significantly reduce unnecessary stress and problems in life.
Scientific Data Management
This document provides an overview of a professional development day for librarians on scientific data management. The day includes presentations on e-science, cyberinfrastructure, and data; a case study on data management for gravitational wave research; and a group activity to develop data management initiatives. The presentations will cover characteristics of e-science such as large collaborative digital datasets, and implications for libraries, including initiatives to provide data support services and address challenges in data preservation, access, and the research data lifecycle.
Developing Data Services to Support Scientific Data Management (v3)
Presentation given at Xiamen University Library, June 8, 2012. It is based on previous presentations on the same topic with substantive updates.
Scholarly communication
An overview of research and practice of scholarly communication from the library and information science perspective. Part of content in Chinese.
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How Portable Are the Metadata Standards for Scientific Data?
How Portable Are the Metadata Standards for Scientific Data?
Using e-Infrastructures for Biodiversity Conservation
Using e-Infrastructures for Biodiversity Conservation
Developing Data Services to Support eScience/eResearch
Developing Data Services to Support eScience/eResearch
Developing Data Services to Support Scientific Data Management (v3)
Developing Data Services to Support Scientific Data Management (v3)
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Economy Matters: July-August 2015
CII’s flagship monthly publication Economy Watch has been now revamped and rechristened as ‘Economy Matters’. Apart from encompassing all the key features of the old version, the new issue also carries a new section on Corporate Profitability to keep readers abreast about the latest trends in corporate performance. The ‘Economy Matters’ brought out by CII Research seeks to provide an in-depth update on current trends in the domestic and international economy and helps in tracking policy developments and understanding industry dynamics.
Emerging Economy August 2009 Indicus Analytics
Indian Economy Next Quarter
Rains still not favouring India’s granary in the northwest, August rains key now
Pressure on pulses prices set to ease with imports and higher crop by winter
RBI holds rates, but inflationary pressures will force its hand by last quarter
Commodity prices set to rise as global growth signs turn more positive
High government borrowings pushing bond yields upwards
Subdued dollar as emerging economies show more promise this year
India : Kal, aaj aur kal
As we have been emphasising in the past few newsletters, despite the negative WPI inflation numbers, all is not calm on the inflation front. Right now attention has focused on inflation in food articles and manufactured food products, standing provisionally at 9.7% and 8.5% for the week ending July 25th. Consumer price indices for June are also registering higher inflation than previous months, CPI AL for instance stands at 11.52% inflation; this is on top of the 8.77% rate in June 2008. Clearly, the government’s ‘touchy feely’ talk on being the saviour of the poor has been negated by inflation. Could the government have done anything different? We believe it could have and should have. By preferring to reduce emphasis on the consequences of a high fiscal deficit on inflation, the government has done a great disservice to the country.
Indian fmcg sector
This document provides a summary of the Indian FMCG sector. It discusses key economic factors like GDP growth, inflation, and foreign direct investment that impact the FMCG industry. It then analyzes the industry through a SWOT analysis, PEST analysis, and five forces model. It outlines the major categories and products in the FMCG sector. It also examines the growth prospects and opportunities in the industry, as well as the roles and recent scenarios. Finally, it provides an analysis of major FMCG companies in India like HUL, Dabur, P&G, and Colgate Palmolive.
Economy Matter - June 2018
The document discusses empowering micro, small and medium enterprises (MSMEs) in India. It outlines some key policies and initiatives that have impacted MSMEs recently, both positively and negatively. These include banning letter of undertakings to check banking irregularities, addressing issues from demonetization, and the impacts of implementing the Goods and Services Tax (GST). Overall, the MSME sector contributes significantly to the Indian economy but still faces challenges around access to finance, regulations and compliance that need to be addressed for it to reach its full potential.
India macroeconomy
The passage discusses India's declining economic growth rate of 5.3%, the lowest in seven years, and the implications this has. It notes that the near double-digit growth previously promised to lift hundreds of millions out of poverty but that goal is now in jeopardy. The economic miracle now feels like a mirage with the currency slump, decline in private investment, and falling GDP. Lower growth carries significant social costs as jobs and opportunities for the large youth population are reduced.
Mets 2010 Indicus - MaFoi Randstad
The structured analysis of MEtS was executed by India’s leading economic research firm Indicus Analytics
Driven by India’s economic turnaround post downturn, hiring in the organized sector is set to pick up at a greater pace in the second quarter reveals the first quarter results of the Ma Foi Randstad Employment Trends Survey.
Driven by India’s economic turnaround post downturn, hiring in the organized sector is set to pick up at a greater pace in the second quarter reveals the first quarter results of the Ma Foi Randstad Employment Trends Survey.
The findings of the study for the period of January – March 2010 was released by Mr. K. Pandia Rajan, CEO, Ma Foi Randstad (India & Sri Lanka).
Ma Foi Randstad is the leading integrated HR services provider in the country and has been conducting the employment trends survey since 2004. This study is India’s largest job market study.
In March 2010, Ma Foi Randstad predicted creation of 1 million jobs in the year 2010.The latest projection for the period of April to June (Q2) and estimates of actual job creation in January to March 2010 (Q1) for the organized sector was arrived at, after surveying the employment trends in 650 companies across 13 industry sectors in eight major cities - Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune. These companies were queried about (a) hiring in the first 3 months of the year and (b) hiring intentions over the next 3 months.
The study reveals creation of 1,53,564 jobs during Jan - March 2010 and 3,47,463 jobs are getting created in the period of April – June 2010.
Sector-wise Employment Trends:
According to the survey, the employment trend across all sectors – BFSI, IT & ITES, Pharma, Healthcare, Trade including Consumer, Retail & Services, Energy, Transport, Storage & Communication, Real Estate & Construction, Hospitality, Media & Entertainment, Non-Machinery Manufacturing, Manufacturing of Machineries & Equipments, Education, Training & Consultancy are on the same card in the first quarter and are expected to continue at a faster pace in the second quarter.
The recovery from economic crisis has further strengthened the momentum of the Healthcare sector which has reported the greatest employment generation of 52,752 new jobs in Q1, followed by Hospitality with 21,500 in the same period. Education, Training & Consultancy sector added 16, 200 new jobs in Q1.
Projection for Q2 is that healthcare sectcor again will add the largest number of new jobs – 96248. Real estate and construction sector is estimated to add 52115, the 2nd highest job creator in the economy. This will be closely followed by Hospitality sector that is estimated to create 49000 jobs. IT and ITES sectcor is estimated to add 34000 new jobs; Media and entertainment sector to add 28700 jobs; Education, Training and Consultancy to add 23200 jobs. Non-machinery Manufacturing (17,300), BFSI (15,800), Transport, Storage and Communication (8,800), Pharma (6100), Energy (5,900), Manufacture of machinery and equipment (5300) and Trade including consumer, retail and services (5,000) are expected to pick up hiring momentum in Q2 of the year.
There is a significant increase of hiring intentions in Q2 vis-à-vis Q1 for sectors of Real Estate and Construction, Media and Entertainment and Healthcare.
City-wise Employment Trends:
Delhi & NCR is expected to add 38, 350 jobs (added 17650 in Q1 and likely to add 20700 in Q2) by June 2010. The expectation of better performance across sectors has increased optimism among companies, resulting in increase in hiring intent. Mumbai is expected to add 27, 650 jobs (12750 in Q1 and 14900 in Q2) and Chennai is expected to add 11,900 jobs (5600 in Q1 and 6300 in Q2) by June 2010. Following these top three cities are Kolkatta – 8350 jobs, Bangalore – 6800 jobs, Hyderabad – 6200 jobs, Pune – 5400 jobs and Ahmedabad – 3260 jobs.
Sector-wise Fresher/
Indicus Ma Foi Randstad Employment Trends Survey - Wave 2 - 2011
The organized sector in India created 704,800 jobs between January 2011 and June 2011 and 369,200 more jobs are expected to be created by September 2011, according to the latest findings of Ma Foi Randstad Employment Trends Survey – Wave2.
The survey was conducted among 690 companies across 13 industry segments panning 8 Indian cities. The respondents included members of senior management and HR professionals who were questioned on specific areas relating to hiring plans across various timelines, manpower requirements for the current quarter vis-à-vis the last two quarters, and their views on how they see the job market to be in the year 2011. While the Indian economy is passing through a delicate phase with certain sectors looking at a bleak market in the near future, there are others who have performed well and continue to perform as per predictions made in the beginning of the year, thus reflecting buoyancy among employers.
According to the survey, the Healthcare sector has remained the largest employment generator with 1, 15,000 jobs created in H1, followed by the Hospitality sector with 94,000 jobs created during the same period. The IT/ITeS sector, which witnessed a turnaround in 2010-11 by posting a double digit growth, continues to grow at the same pace and has added 91,000 jobs in H1. In the cities, New Delhi, Mumbai and Chennai continue to lead the job market job generating 1,39,700 jobs between January and June 2011, as predicted earlier this year
Weekly media update 07 01_2019
- India remained the world's fastest growing major economy in 2018 despite volatility, with GDP growth of 8.2% in the first quarter and 7.1% in the second quarter. However, growth is projected to slow to 7.2% for the full fiscal year.
- The growth of India's core infrastructure sectors slowed to a 16-month low of 3.5% in November 2018 due to weaker output in cement, electricity, and coal.
- The government raised a record Rs. 77,417 crore from the sale of stakes in public sector undertakings in 2018 and plans to privatize Air India in 2019 to meet its disinvestment target. However, it may fall short of its Rs
Business News
The document is a business news report from October 18-24, 2010. It summarizes several stories: Spice Mobility announced plans to launch new phones and tablets during the festive season and invest 25 crore in marketing; Ranbaxy saw slower domestic sales growth than peers despite increasing its sales force; Britannia entered the baked snacks market with its new Time Pass brand; Wipro reported lower financial results than Tata Consulting Services and Infosys for the previous quarter; Future Group partnered with Everonn Education to provide retail training; the Munjal family retained control of the Hero Group after its division; Tata Consulting Services and Infosys planned to hire 50,000 and 40,000 employees respectively due to
Economy & labour force in india (2)
India has a large population and abundant natural resources. Its economy has grown at around 7% annually under economic reforms. However, unemployment remains around 10% and poverty affects 25% of the population. The government is promoting privatization and foreign direct investment to improve employment and further economic growth.
The organized sector in India created 346,000 jobs
The organized sector in India created 346,000 jobs between July and September 2011 and is expected to add another 326,400 by end 2011, according to the latest findings of Ma Foi Randstad Employment Trends Survey – Wave 3.
The survey was conducted among 676 companies across 13 industry segments panning 8 Indian cities. The feedback was gathered from the top HR personnel and senior management of companies, who shared valuable insights on the job creation during the last (July – September) and the current (October – December) quarters of 2011.
The current slowdown in the economy and increasing domestic inflation has resulted in sectoral variation in the employment outlook among sectors and although new jobs continue to be added, it is at a slower pace. According to the survey, the Healthcare sector continues to lead in job generation by adding 60,400 jobs in Q3 (July – September) 2011, followed by Hospitality sector with 48,400 jobs and IT & ITeS sector with 46,600 jobs during the same period.
This is however lesser than the numbers (Healthcare - 63,800 / Hospitality - 54,400 / IT & ITeS - 55,500) predicted at the beginning of the quarter three. These sectors are expected to continue as the lead job generators in the coming quarter with Healthcare expecting to add 58,700 jobs followed by Hospitality & ITeS adding 40,000 plus jobs each.
Among the cities, Mumbai added 28,500 jobs, followed by Delhi & NCR adding 27,000 and Chennai adding 15,500. However, the total job generation by these 3 cities was lower by 6,100 jobs, against the original prediction (Mumbai - 32,300 / New Delhi & NCR – 27,900 / Chennai – 16,900) at the beginning of Q3. These cities are expected to generate a total of 69,200 jobs in the current quarter.
Economy Matters - July-August 2014
In the July-August 2014 Issue of Economy Matters, we track the economic developments in US and China in Global Trends. In the section on Domestic Trends, we discuss the trends emanating out of the recent releases on IIP, Inflation, Fiscal, Trade & Monetary Policy. The Sectoral spotlight for this issue is on the Implications of Jobless Growth. In Focus of the Month, the spotlight is on Textiles Sector. Special Feature discusses the importance of Hospitality Sector in India.
Indian Economy - old wine in new bottle
The document discusses whether the Indian economy under the Modi government is "old wine in new bottle" or "new wine in old bottle". It provides an overview of the Indian economy and key reforms by the Modi government. While some positive changes have occurred like increased FDI, manufacturing targets, and subsidy reforms through Aadhaar, some challenges remain around job creation, wealth distribution, and addressing bad loans. Overall the reforms have been steady but incremental, with some doubting the pace and impact of changes.
Employment Trends Survey 2012
The document summarizes the Ma Foi Randstad Employment Trends Survey (MEtS) for the fourth quarter of 2011 and projected trends for the first quarter of 2012. The survey polled 639 companies across 13 sectors to assess employment trends in the organized sector. Key findings included expected increases in employment in sectors such as financial services, IT, and healthcare, while manufacturing saw more muted growth. The report analyzed trends by sector, salary increases, new hire experience and functions.
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Reflecting a positive hiring outlook, the organized sector in India is expected to create about 1.6 million new jobs in the year 2012, as per the latest results of a survey from HR firm Ma Foi Randstad..
Weekly media update 12 11_2018
India's economic growth is expected to remain near trend levels in 2019 despite external and domestic challenges, according to Moody's. While India and Indonesia are projected to grow near their potential rates, other emerging markets like Argentina, Brazil and South Africa may see below trend growth. Growth in the G-20 emerging markets as a group is expected to be slower in 2019 than 2018. Several factors like higher oil prices, currency depreciation and rising interest rates are expected to limit India's economic growth to around 7.3% in 2019 and 2020, compared to an estimated 7.4% in 2018. Services sector growth in India accelerated to its fastest pace in three months in October driven by new business orders.
MTbiz January 2010
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MNI India Business Report July 2014
The document summarizes India's economic landscape in July 2014. It discusses key points from the government's first budget, recent economic data, and the state of economic growth. The budget aimed to boost growth to 7-8% by promoting manufacturing, infrastructure investment, and reducing the fiscal deficit. However, it lacked details on subsidy reform and GST implementation. Recent data showed easing inflation but industrial growth remains subdued, with GDP at 4.6% in the last quarter. The government forecasts 5.4-5.9% growth this fiscal year but weaker external factors may limit growth to the lower end.
Emerging Economy October 2008 - Indicus Analytics
Kharif crop output for the recent harvest season was lower than last year for all crops except rice and jute, with total acreage sown down 2.3% due to poor timing of rains. Inflation rates remained high in August according to several indices, though wholesale price inflation is expected to ease to around 11% by year's end if oil prices do not spike again. The rupee has depreciated nearly 6% against the dollar in September and continues to face depreciation pressure due to high crude oil prices and domestic demand, with the currency expected to remain between 46-47.5 in the coming months.
Economy Matters: State of Competitiveness in India
In the current issue of Economy Matters, we analyse the growth trends emanating out of China, Japan and US, in the section on Global Trends. In Domestic Trends, data trends in IIP, inflation and trade are analysed. The Sectoral Spotlight for this issue is on ‘Employment Potential of the Road Transport Sector’. In Focus of the Month, we evaluate the three recently released reports by DIPP, World Bank and World Economic Forum on State of Competitiveness in India.
Similar to Weekly news 3 (20)
Indicus Ma Foi Randstad Employment Trends Survey - Wave 2 - 2011
Indicus Ma Foi Randstad Employment Trends Survey - Wave 2 - 2011
The organized sector in India created 346,000 jobs
The organized sector in India created 346,000 jobs
Economy Matters: State of Competitiveness in India
Economy Matters: State of Competitiveness in India
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Weeklynews
Virmani says that while the economic problems in Ireland won't directly impact India, it could hurt market sentiment. He notes that India will need to rely on domestic economic growth given the current weak external situation. Ambani describes Reliance's story as being about partnerships, including those with the US, and notes that Reliance processes around 2% of the world's transportation fuels. Rajan is named as one of the seven most powerful economists in the world alongside Bernanke and Krugman. Jain's chances of becoming Deutsche Bank's new CEO may be undermined by a shift in power within the bank favoring its chief risk officer Baenziger.
Weekly news
Reliance Industries, India's most valued firm, was ranked 20th in the world's top 20 chemical companies. RINL is in talks to acquire Neelachal Ispat Nigam, a state-owned steel maker. HTC credited helpful Indian consumers for suggesting a feature where the ringer volume lowers when the phone is picked up. Several companies like Nestle, LG, and Panasonic reworked products based on feedback from Indian consumers. IT industry leaders formed a group to promote professionalism and ethics in the industry.
Weekly news
Parsvnath Developers won the bid for 38 acres of prime railway land in Delhi for Rs. 1,651.51 crore, outbidding Indiabulls. The company plans to develop luxury housing, commercial, hotel and civic amenities on the land. India and Canada have started negotiations for a comprehensive economic partnership agreement to increase bilateral trade beyond the current $4.2 billion in the next five years. Ajit Isaac acquired Hyderabad-based tech staffing firm Magna Infotech for Rs. 100 crore to benefit from growing demand for contracted software programmers. Australia overhauled its skilled migration test to favor applicants with higher skills, work experience and English proficiency.
Weekly news
Reliance Industries, India's most valued firm, was ranked 20th in the world's top 20 chemical companies. RINL is in talks to acquire Neelachal Ispat Nigam, a state-owned steel maker. HTC credited helpful feedback from Indian consumers for features like a polite ringer that lowers volume when the phone is picked up. Several companies like Nestle, LG, and Panasonic reworked products based on input from Indian consumers. IT industry leaders formed a work group to promote professionalism and ethics in the industry.
Weeklynews
Virmani says that while the economic problems in Ireland won't directly impact India, it could hurt market sentiment. He notes that India will need to rely on domestic economic growth given the current weak external situation. Ambani describes Reliance's story as being about partnerships, including those with the US, and notes that Reliance processes around 2% of the world's transportation fuels. Rajan is named as one of the seven most powerful economists in the world alongside Bernanke and Krugman. Jain's chances of becoming Deutsche Bank's next CEO may be undermined by a shift in power within the bank favoring its chief risk officer Baenziger.
Weekly news
- Parsvnath Developers won the bid for 38 acres of prime railway land in Delhi for Rs. 1,651.51 crore, outbidding Indiabulls. The company plans to develop luxury housing, commercial, hotel and civic amenities on the land.
- India and Canada have started negotiations for a comprehensive economic partnership agreement to boost bilateral trade beyond the current $4.2 billion level within five years by reducing taxes and duties.
- Ajit Isaac, former CEO of PeopleOne Consulting, acquired Hyderabad-based tech staffing firm Magna Infotech for Rs. 100 crore as outsourcing companies increasingly look to sub-contract projects rather than adding staff.
Weekly news
Bill Gates was named the most powerful man in technology by Forbes due to his work coaxing wealthy people to donate to charity. Steve Jobs was also recognized for transforming industries with devices like the iPhone. Microsoft CEO Steve Ballmer sold $1.3 billion of Microsoft shares, cutting his stake by 12%. US markets are expected to rise further due to quantitative easing and foreign institutional investments in emerging markets. President Obama plans to ease US export controls on India to boost trade between the countries. India unveiled a 108 foot tall statue of Hanuman in Shimla, making it the world's tallest statue.
Weekly news
The document provides a weekly news summary covering several topics:
1) Tata Group donated $50 million to Harvard Business School, the largest gift from an international donor in Harvard's 102-year history, after an earlier $10 million donation from Anand Mahindra.
2) Security was heightened in Delhi during the Commonwealth Games due to intelligence of planned attacks by al-Qaeda and Lashkar-e-Taiba targeting the Games village and venues on October 12-13.
3) The US Air Force's secret X-37B space shuttle mission in orbit since April was reported to have gone missing again, with speculation about its purposes.
Weekly news
1) Air India requested an additional Rs. 2,000 crore from the government to repay debts as it requires Rs. 3,000-4,000 crore annually and has a massive debt primarily from aircraft purchases.
2) The Department of Telecommunications asked mobile operators to reverify 100% of subscribers by October 30th, posing a challenge given India's large mobile subscriber base of over 670 million people.
3) The first phase of NTPC's 1,980 mw power plant in Chhattisgarh is expected to become operational in December, with the second phase in March next year.
Weekly news
1) Air India requested an additional Rs. 2,000 crore from the government to repay debts as it requires Rs. 3,000-4,000 crore annually and has a massive debt primarily from aircraft purchases.
2) The Department of Telecommunications asked mobile operators to reverify 100% of subscribers by October 30th, posing a challenge given India's large subscriber base of over 670 million people.
3) The first phase of NTPC's 1,980 mw power plant in Chhattisgarh is expected to become operational in December, with the second phase in March next year.
Planning a trip to Singapore
This document provides information for planning a trip to Singapore, including transportation options, weather, lodging, and destinations. Key points include:
- Air travel options with roundtrip flights from New Delhi costing approximately Rs. 18,326.
- A 2-star hotel, Fragrance Hotel Crystal, is recommended for its low nightly rate of Rs. 1,715.28.
- Public transportation in Singapore is very efficient, including the MRT subway system, buses, and taxis. Changi International Airport makes travel to and from Singapore easy.
- Weather is hot and humid year-round with average temperatures between 31°C during the day and 24°C at night. Rain
Weekly news 5
Mahindra Satyam will delist from the NYSE after realizing it cannot meet financial reporting deadlines. This caused a 26% drop in its ADRs and a 6% drop in its domestic shares.
A media report claimed that India bribed 72 Commonwealth countries $100,000 each to win the hosting rights for the 2010 Delhi Commonwealth Games. Australia allegedly received a $125,000 kickback.
Tata Motors will launch the Aria, a crossover vehicle built by Indian engineers, within a month. It is expected to be priced around Rs. 10 lakh and will compete with the Toyota Innova and Mahindra Xylo.
Security agencies have approved of BlackBerry maker
Summer training project
Ralson is India's largest bicycle tyre manufacturer. It produces 1.25 lakh bicycle tyres and 1.5 lakh tubes per day. The document analyzes Ralson's marketing mix, including its distribution network, pricing strategy, and promotional activities. It also summarizes the findings of a study on dealers' perceptions of Ralson's auto products compared to competitors like MRF and Dunlop. The study found that Ralson's brand awareness and dealer network needed improvement.
Weekly news 4
1) Farmers in drought-hit districts in India will receive a diesel subsidy of Rs. 500 per hectare due to unusually heavy monsoon rains.
2) Jet Airways and Kingfisher Airlines maintained the top two positions on the domestic aviation market in India in August 2010.
3) HUL has filed a lawsuit against P&G claiming a Pantene shampoo advertisement disparages HUL's Dove brand.
Weekly news 2
1) Maruti Suzuki plans to build a new auto assembly plant in Manesar, India to produce 250,000 vehicles annually and meet growing demand.
2) Rishad Premji, son of Wipro founder Azim Premji, has been appointed Chief Strategy Officer of Wipro and will help chart the company's future strategy.
3) After stepping down as chairman of Tata Sons, Ratan Tata said he is looking forward to the freedom that retirement will bring.
Weekly news
1) Maruti Suzuki plans to build a new auto assembly plant in Manesar, India to produce 250,000 vehicles annually and meet growing demand.
2) Rishad Premji, son of Wipro founder Azim Premji, has been appointed Chief Strategy Officer of Wipro and will help chart the company's future strategy.
3) After stepping down as chairman of Tata Sons, Ratan Tata said he is looking forward to the freedom that retirement will bring.
Weekly news (compiled by: Taranpreet )
ONGC's royalty payments on oil fields in Rajasthan have been reduced, removing an obstacle to the proposed Vedanta-Cairn merger and saving ONGC $350 million annually. The CEO of Tech Mahindra resigned after six years, with the vice-chairman taking over operational responsibilities. Tata Motors signed an agreement with IndusInd Bank for financing passenger vehicles. Air India decided to lower fares on 48 domestic routes by 3-23% to increase its market share.
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Weekly news 3
- 1. Weekly News3 6Sept- 12Sept,2010 Compiled by: Taranpreet Mba-2(A)
- 7. Happy Time