FINANCE NEWS

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 small and medium enterprises

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 List started as entrepreneurs, so it’s little wonder so many believe that’s the path to wealth and happiness.

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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 a positive scope for retail opportunity in rural India.

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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 disinvestment plan- either complete disinvestment or offloading a minority stake.

The names of some

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 Rao.

As a part of its strategy to make PSU jobs financially rewarding, the committee of the Union department of public enterprises, recommended e

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 through a Google-operated retail Web site, and greets the market with an advertising tagline (“Web meets phone”) a

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 as an investor of last resort at the peak of the global financial crisis. In a conversation with ET

THE TEN PITFALLS YOU MUST AVOID

Popular Myths Often Prove Costly. Here Are Some Tricky Ones That You Must Stay Away From.

IT WAS that year when most investors paid heavily for their costly mistakes. As we step in 2010, there are some lessons to learn and at least avoid the following 10 investment mistakes.

I CAN TIME THE MARKET

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2009 PROVED TO BE THE BEST YEAR FOR THE MARKETS SINCE 2000

AHMEDABAD: With returns on investment more than 79%, 2009 calendar year emerged as the best year for investors since 2000. Even as three trading sessions are yet to go, the benchmark Sensex closed on its 18-month high on Thursday at 17360. FII’s have once again proved to be the frontrunners in terms of the inflow, pumping more than Rs 82,000 crore in the Indian ma

RIL WOOS LYONDELL CREDITORS AS MANAGEMENT FIGHTS BACK

New York bankruptcy court to hear former owner’s updated rescue plan today.

Reliance Industries Ltd (RIL), in its efforts to gain control over LyondellBasell, is looking to team up with the unsecured creditors and bond holders of the bankrupt Dutch petrochemicals giant.

Sources close to the de