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Finance ministry questions Air India's plan to trim workforce

May 19, 2013

Air India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block, with the Finance Ministry questioning the rationale behind the proposed scheme. #Business #air india #finance ministry #NewsTracker
More tax woes for Infosys: I-T dept sends Rs 582 cr demand notice

May 19, 2013

Income Tax department has slapped a fresh $106 million (about Rs 582 crore) tax demand notice on Infosys, for 2009 fiscal, adding to the tax woes of India's second largest IT firm. #Infosys #Business #NewsTracker #Income Tax Department #companies
Narendra Modi says he is opposed to forward trading in commodity exchanges

May 17, 2013

"Forward trading in commodity exchanges is detrimental to national economy and I am opposed to it," Modi said in a statement. #Business #Narendra Modi #NewsTracker #Commodity exchanges #forward trading

Blog posts

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There is no tradeoff between growth and inflation

Jun 25, 2012

Some people think that a little higher inflation is better than slower growth. But this is a fallacious argument #Business/Finance #Monetary policy #Stagflation #Tradeoffs #Growth vsInflation
Auto makers could hike prices soon, sector may bounce back

Jun 06, 2012

Softer interest rates, new product launches and exports may help auto sector bounce back after dismal showing so far. #Business/Finance #India #Car manufacturers
Rupee at 55: Should you hedge your forex position?

May 28, 2012

Speculators will do better taking off directional one-way bets on the rupee. #Business/Finance #HowThisWorks #Rupee #Greece #Hedge

Wire

GulfToday.ae
UAE, US to enhance trade and business

2013-05-19 20:48:00

DUBAI: Dubai Airport Free Zone (Dafza) and Dallas/Fort Worth (DFW) International Airport as part of a formal Memorandum of Understanding (MoU) signed between the two organisation assigned in March 2012, is building on its business networking acumen to jo #Dubai International Airport #Dallas, Texas #Fort Worth, Texas
Small Biz Daily
What Business Credit Card Is Best for Your Small Business?

2013-05-16 10:25:00

The best business credit card to look for is one with great rewards, so that it provides capital for you to start your business and also helps cut costs by giving you a little something extra back. “We used those rewards to further our domestic and inter #Google Inc. #Capital One #San Jose Mercury News
Small Biz Daily
How Business Credit Cards Can Help Your Small Business

2013-05-15 11:11:00

Getting a business loan is not always easy, especially in the current credit market. Many businesses are looking to business credit cards to help them fund startup costs when they are first building their business. So what should you consider when lookin #San Jose Mercury News

Editor's picks

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

If you forget the politics and just look at the film, The Reluctant Fundamentalist doesn’t fare much better. It’s a thriller that lacks tension and suspense.
Here's how the Delhi Police stumbled upon spot-fixing in IPL

After monitoring a phone call, the investigation had virtually turned pan-India with some of the bookies based in Gujarat and Mumbai.
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

The great American dream is an integral part of America. It’s ‘great’ in that it symbolises not truth, but hope when the truth is disillusioning; it symbolises not facts, but ideals when facts are unnerving; it symbolises not likelihood, but promise when likelihood is all but bleak.

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

We’re tracking the Google I/O conference 2013 live – what will be unveiled?
Hero worshipped in Kerala, Sreesanth still innocent in his state

The summary of the response in his Sreesanth’s home turf is that of incredulity. They are unwilling to believe that the pacer is guilty.
Why return of Dreamliners won't change Air India's fortunes

The original promise of the Dreamliner has failed to materiallise due to limitations in its flying range. Will Air India continue to pay a price for this?
Did Indira abolish bonded labour or Sonia? NREGA's tall claims

The UPA ads eulogising MGNREGA as a a huge success needs to be taken with bags of salt. The scheme did make a difference, but not as is claimed.

Angelina’s breast surgery possible in India, but there's a catch

So can we test in India and gain from the same treatment privilege that Jolie had? Yes, but there is a catch.
IPL 2013 KKR vs PWI Live: Yusuf kicks KKR out of the IPL

Live detailed updates as KKR take on Pune in a must-win game at Ranchi.
Wrong on Ghaziabad: The Kiran Bedi argument for moral policing

Bedi’s argument that we should focus on the legal wrong committed by the girl slapped by cops is technical, disingenuous and enabling.
Cloak but no dagger: The awfully mundane world of spies

There’s an endearing quality to reports that a CIA spy was arrested in Moscow: he comes across as a bumbling amateur who represents the lost Age of Innocence in the world of espionage.

From here on, Sonia-Manmohan dyarchy is a slow train wreck

The “two heads” power arrangement between Congress president Sonia Gandhi and Prime Minister Manmohan Singh is coming apart at the seams.
Lessons from Karnataka: Cong must stop backing corrupt leaders in Andhra

The fact that it has allowed individuals named in chargesheets to continue as ministers is evidence that the Congress runs Andhra Pradesh as if it is its fiefdom, without a care for ethics in public life.
IPL 2013: How Isa Guha is changing perceptions about cricket presenters

Isa Guha is not your usual female cricket presenter. Apart from being an ex-player, she’s highly educated and injects a breath of fresh air on Indian screens.
Android and Chrome aren't merging for now, says Google's Sundar Pichai

Pichai has emphasised that Google is embracing both Chrome and Android is investing in both at least for now.

Ashwani to be shifted, Bansal to be booted? PM will decide

The fate of the two ministers is reportedly in the hands of the Prime Minister who has been told to take a final call.
How the Sarabjit-Sanaullah episode diminishes India

The Sarabjit-Sanaullah episode shows that for all of India’s attempts to project itself as an emerging global power, with a footprint larger than just the South Asian peninsula, it is unable to break out of its hyphenated relationship with Pakistan.
Changing dynamics: Is low-cost flying becoming really high cost?

Consumers may have to pay a high price for both the lower price and increased choice.
Star Trek Into Darkness is a perfectly adequate popcorn film

Star Trek Into Darkness is a perfectly adequate summer blockbuster film. It is impeccably tailored to please both the Trekkies and the non-geeks, genre lovers as well as the average moviegoer.

Coalgate scam: Careful, Mr PM, the fig leaves are falling off...

If there was no wrongdoing in the allocation of coal blocks, why did the Law Minister and officials from the Prime Minister’s Office go to such elaborate lengths to doctor the CBI’s draft report – and get top law officers to lie in court?
Who was Pak prisoner Sanaullah Ranjay? All you need to know

Some information about Pakistani prisoner Sanaullah Haq who died this morning after being attacked by an Indian inmate in a Jammu prison.
Over 900 victims; Dhaka disaster world's worst in garments industry

The death toll from the collapse of a building housing five garment factories has climbed to nearly 900, officials said on Thursday, as authorities continue to search for more bodies two weeks after the worst garment manufacturing disaster in the world.
Sir Alex Ferguson: The greatest manager football will ever have

Ferguson showed that world-class man-management skills were more important than picking the perfect formation. It took something approaching genius qualities to get Eric Cantona, Roy Keane and Peter Schmeichel – all volatile personalities with exceptionally big egos – to pull together for the common cause.