Why Do We Need to Plan?
By Vijay Kumar Damle • In our everyday life we unknowingly are doing planning. For example, let’s suppose that you have just moved into a new house or an apartment and trying to decide when should you get-up in the morning, when should you leave the house, what route should you take to go to […]
India bans import of polluting petcoke for use as fuel
India on Friday banned the import of petcoke for use as fuel, but said shipments for use as feedstock in some industries was allowed. Usage of petcoke, a dirtier alternative to coal, in the energy-hungry country has come under scrutiny due to rising pollution levels in major cities. Click here to read more… Credit:
Why Indian women don’t want to work
A long time ago when I was in my first job as a trainee researcher in a magazine, I would take the chartered bus (a working people’s school bus that collects people from a residential area and drops them in an office hub) from home to office. The art of eavesdropping on conversations must be […]
Infosys says increased visa application rejections could result in delays, higher project costs
New Delhi: IT major Infosys has flagged off concerns around increased rejection of work visa applications, and said this could result in delays and increase in project costs for its clients. The Bengaluru-based company has already been ramping local hiring in key markets like the US to tackle increasing scrutiny around work visas by various governments. […]
Aurobindo to acquire Apotex operations in 5 European countries
New Delhi: Aurobindo Pharma on Saturday said it has inked a pact to acquire Apotex’s commercial operations across five European countries, including Poland and Spain, for €74 million. The acquisition is in line with the company’s strategy to strengthen and grow its European business and to expand in Eastern Europe, Aurobindo Pharma said in a statement. Click here […]
India to be 3rd largest economy worth $10 trillion by 2030: DEA Secy Garg
NEW DELHI: Economic Affairs Secretary Subhash Chandra Garg on Saturday said that 8 per cent growth for the Indian economy is “very much achievable”, and it is expected to be the world’s third largest economy by 2030 with Gross Domestic Product worth $10 trillion. The country’s GDP grew at a 7.7 per cent in the January-March […]
India slaps higher import duties on steel, agri products in retaliation to US tariff hikes
NEW DELHI: With the Trump administration increasing import duties and initiating trade war with various countries including India, the Indian government on Wednesday slapped higher duties on a number of items including apples, almonds, walnuts, diagnostic reagents and certain steel products. A bulk of these products figure in a list of items imported from the […]
Morgan Stanley raises $300 million for India focused infrastructure fund
MUMBAI: Morgan Stanley has raised close to $300 million in commitments for its India-focused infrastructure fund and is expected to make a formal first close soon, two people aware of the development said. The fund is Morgan Stanley’s maiden India-dedicated infrastructure fund. “Morgan Stanley, which has been in the market for sometime now for raising this […]
Infosys plans to expand Pune campus to 35,000 seats
HYDERABAD: Infosys Ltd is in the process of expanding its Pune campus by nearly 4,000 seats to 35,000 and has received necessary environment clearances for the same. In a meeting held in June, an expert appraisal committee under the environment ministry accorded Infosys environmental clearance for the Rs 690 crore expansion plan for its Rajiv Gandhi […]
Retail inflation hits four month high of 4.87% in May on costlier veggies, fuel
NEW DELHI: Retail inflation jumped to 4-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates. Based on Consumer Price Index (CPI), the retail inflation was at 4.58 per cent in the preceding month, April. In May 2017, however, it was at […]
Business activity in India showing recovery: Goldman Sachs
Business activity picked up in the second quarter of 2015, largely on the back of better investment demand and improvements in commercial vehicle sales, Goldman Sachs said on Tuesday. The global financial giant said its composite gauge of business activities is showing a gradual recovery after a “surprising slowdown since the last quarter of 2014”, […]