Category Archives: FINANCE NEWS

IBM Survived due to focus on customer: Erich Clementi (IBM’s Head of Global Strategy)

(Know why Outsourcing is important for the USA, and the future of Outsourcing industry in India. Also, various complex business strategies described in simple language) BANGALORE: For India’s growing outsourcing companies, IBM’s 100 years of existence offers several valuable lessons … Continue reading

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Realty developers not pleased at many Budget details

The devil is in the detail for the real estate sector. Though the Budget gave sops to home buyers in the form of tax savings and interest rate subvention, it quietly brought back service tax on lease rentals in the … Continue reading

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Budget 2010: key proposals, implications

MUMBAI (Reuters) – India will increase market borrowing by 1.3 percent in the next fiscal year to a record level, as it counts on a surging economy and a partial rollback of stimulus measures to cut its fiscal deficit. Following … Continue reading

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B – SCHOOLS WANT MORE STUDENTS TO BECOME ENTREPRENEURS THIS YEAR

With the placements season fast approaching, top B-schools across the country are to ensure they churn out as many entrepreneurs as possible. They are forming entrepreneurship cells/clubs, collaborating with associations, organising lectures and seminars, besides arranging for consulting projects with … Continue reading

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3 MYTHS ABOUT STARTING YOUR OWN BUSINESS

Many people dream of shedding the corporate life and starting their own companies. They imagine creating the next Google or Apple. From Steve Jobs to Bill Gates to Pierre Omidyar, many of the world’s richest people on the Forbes Billionaires … Continue reading

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GROWING DRIVERS FOR RURAL INDIAN OPPURTUNITY

RISING INCOMES: Due to a number of factors such as microfinance products, exemption from income tax, NREGA, mass media penetration, investment in rural infrastructure and the increased production of higher-value crops, disposable incomes in rural households are increasing, thus creating … Continue reading

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PUBLIC INVESTMENT PRIVATE GAINS

After winning the recent general election with a thumping majority, the UPA (united progressive alliance) government has once again brought back the issue of disinvestment into limelight. A number of public sector undertakings (PSUs) are on the radar of government’s … Continue reading

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PSUs OFFER BETTER SALARIES THAN PRIVATE COMPANIES

The yawning gap between the compensation of senior management at public sector undertakings (PSUs) and their counterparts in the private sector was the key focus of the Pay Revision Committee (2nd PRC), headed by retired Supreme Court Judge M Jagannadha … Continue reading

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GOOGLE Vs. APPLE

On Jan 5, Google did a very Apple-like thing. In a presentation at the Googleplex in Mountain View, Calif., the 11-year-old search behemoth unveiled Nexus One, a stylish touchscreen smartphone that runs on the company’s Android operating system, is sold … Continue reading

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LIC EMERGES AS INVESTOR OF LAST RESORT

It is usually the listed companies that figure on the radar of ET500. But Life Insurance Corporation of India is an exception. We cannot miss LIC, which is corporate India’s single largest shareholder and investor. For India Inc, it emerged … Continue reading

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