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Mon, 23 May 2011

India Inc sends young execs back to school w - Economic Times

Young leaders in the age group of 25-40, who have the potential to grow, are identified by their line managers and the HR department.

U.S. surprised, happy at SAARC observer offer w - The Hindu

The United States was surprised by an Indian suggestion in 2005 that it consider participation in the South Asian Association for Regional Cooperation (SAARC), and Washington saw that as a p...

Market may see high volatility ahead of May expiry w - Economic Times

There can be a minor bounceback from lower levels due to May expiry, but it is difficult for the Nifty to move above 5492 in the short term.

We are not as advanced as you are in respect for freedom of religion, Pakistan told U.S. w - The Hindu

In the face of criticism from the United States for encouraging “unhelpful resolutions, especially on issues relating to religious freedom and the Middle East” at the United Nati...

‘Pakistan's actions at the UN may embolden other member states to oppose U.S. positions' w - The Hindu

U.S. Mission in New York raised concerns about Pakistan's voting on key issues such as counterterrorism and human rights

Don't leave Afghanistan, India told U.S. w - The Hindu

After U.S. President Barack Obama announced his intention to begin withdrawing troops from Afghanistan starting 2011, Indian officials, worried that this would be to the detriment of India's...

Workplace: Look beyond change instead of resisting w - Economic Times

While response to change is a matter of the mind, there are a few things we can do to respond to change appropriately.

Black money trail: CBDT begins crackdown on undisclosed foreign bank A/c w - Economic Times

The CBDT has asked income tax officials to initiate prosecution if a taxpayer is found to have assets overseas but has not declared them.

Top 5 stock picks of the Day w - Economic Times

Tech elite gathers in Paris for Internet forum w - Economic Times

Movers and shakers of the Internet world are gathering in Paris for a two-day forum hosted by French President Nicolas Sarkozy.

Russia's parting gift to NASA: Shuttle legacy photo w - Reuters

CAPE CANAVERAL, Fla. (Reuters) - Half the International Space Station crew departed for Earth on Monday, leaving behind the visiting shuttle Endeavour and a parting gift for NASA -- a legacy photograph of the shuttle parked at the orbital outpost.

Mexico pushes Carstens for IMF; Brazil reacts coolly w - Reuters

MEXICO CITY/BRASILIA (Reuters) - The race to pick a new leader for the IMF formally launched on Monday as Mexico sought support for its central bank governor and Brazil said more time was needed to make a choice.

Goldman Sachs puts 'buy' on ONGC, GAIL, OIL w - Economic Times

Goldman Sachs is upbeat over the prospects of state-run oil cos despite increase in the portion of fuel subsidies contributed by upstream cos.

Goldman Sachs puts 'buy' on ONGC, GAIL, OIL w - Economic Times

Goldman Sachs is upbeat on oil cos despite increase in fuel subsidies. The brokerage has a 'buy' recommendation on shares of ONGC, GAIL & OIL.

I&B min okay with 74% FDI ceiling for DTH, IPTV w - Economic Times

However, it rejected recommendation to reduce the FDI ceiling for local cable operators from 49% to 26%, arguing that the limit had been 49% since 1995.

Renault launches Fluence w - The Hindu

Renault on Monday launched its luxury sedan ‘Fluence’ in India, even as the French carmaker said it plans to source components worth 100 million euros (over Rs.600 crore) from In...

Strike clips Pak Navy’s wings w - Indian Express

Attacked airbase is home to assets key to protection of Karachi port.

Mahindra Satyam posts Q4 net loss of Rs 327 cr w - Economic Times

Mahindra Satyam said it incurred fourth quarter loss of Rs 327 crore, compared to Rs 58.9 cr profits the company reported during Oct to Dec period.

Overseas job deputation tempting but don't overlook tax implications w - Economic Times

Overseas deputation holds fascination for many but comes with tax implications in both countries at the time of exit and return, which need to be considered.

Integrated water management catching up w - The Hindu

Construction companies seek support for optimum use of available resources

Land acquisition soon for widening of road w - The Hindu

Land acquisition for widening the 5-km-long Tiruvottiyur High Road, the lifeline of north Chennai, from Tollgate to Ernavur Bridge, is expected to be taken up soon. According to sources, th...

Sony's breach a hiccup to online game phenomenon w - Economic Times

When service was finally restored to Sony Corp's PlayStation Network earlier this month, millions of customers rushed back to it.

“Learning computers must for SIs” w - The Hindu

Training programme begins at B.S.Abdur Rahman University

Birla Group, JSW in 2nd round of Bandanna bidding w - Economic Times

Aditya Birla Group is participating in the bid through its subsidiary Essel Mining. A spokesperson for the group declined to comment.

Four IAS, IPS officers transferred w - The Hindu

The State government on Monday announced the transfer of two officers each of the IAS and IPS. R. Venkatesan, State Project Director, Sarva Shiksha Abhiyan and Ex-office Additional Secretary...

IOC to automate retail outlets w - The Hindu

Customers will be assured of right quantity, says Chairman

Chennai region records highest pass percentage w - The Hindu

Girls outshine boys with pass percentage of 93.21 in CBSE class XII examination

After 16 months, Assembly back at Fort St. George w - The Hindu

Inaugural day of the 14th Legislative Assembly held

Collaborations sought in health care sector w - The Hindu

It is leading the way in south India not only with high volumes, but also high quality: Mike Nithavrianakis

15 lakh textbooks set to remain unused w - The Hindu

A whopping Rs.300 crore was spent on printing them

Wall Street ends at one-month low on euro-debt worries w - Economic Times

US stocks closed at lowest levels in a month in a sign of increasing doubt that equity mkts can weather recent weakness in global manufacturing & demand.

BSNL forays into audio-conferencing space w - The Hindu

Offers Meeting Junction, which integrates voice and web-based conferencing

Coal India unions threaten strike, seek higher pay w - Economic Times

A new wage agreement should be worked out before the existing deal lapses on June 30, failing which the unions will call strike.

Bin Laden cache reveals no evidence of imminent threats w - Reuters

WASHINGTON (Reuters) - No evidence of specific or imminent threats has emerged yet from material confiscated from Osama bin Laden's Pakistani hideout, Western counter-terrorism officials said, raising questions about how directly he was in control of al Qaeda.

Mumbai based Core Projects to buy UK firm ITN Mark w - Economic Times

Core Projects will buy 100% stake in ITN Mark. ITN Mark has 5% market share in UK's education sector and will help the company establish its presence.

Techies quit job to 'milk' dairy industry w - Times of India

Four former employees of Wipro quit their jobs and turned entrepreneurs, setting up a milk dairy in Kodihalli village in Karnataka.

229 legislators take the oath w - The Hindu

Two hundred and twenty nine Members of Legislative Assembly on Monday took the oath on Monday, the inaugural day of the 14th Assembly. The first to take the oath was Chief Minister Ja...

It's raining non-fiction at bookstores w - The Hindu

A variety of offers and choices are available to keep one engaged with a book

A professional touch to day care w - The Hindu

Eight years ago, when Revathi Sankaran quit her job as a software developer, her reasons were clear. “I used to leave my two-year-son at a neighbourhood crèche, and he would come sobbing to...

Unknown tales from the life of a genius w - The Hindu

“The last and most famous photograph of his was taken when he was ailing. The photographer had to come to the nursing room because he was in no position to move out of his bed,” said Br...

Cleaner technologies need to be subsidised w - The Hindu

Mohammad Moosa has never been to a petrol bunk in the last two years. He rides an electric scooter which touches a maximum speed of 40 kmph. “It does not have a clutch or a gear and I feel li...

CBSE students worried about getting admission to top engineering colleges w - The Hindu

Amidst the many happy faces of students on Monday, jubilant over their performance in class XII exams, there were also some visibly hassled visages. Vikas Sakaray, who topped Sankara Senior...

Hafiz Saeed motivated me for ‘jihad,' testifies Headley w - The Hindu

Terror outfit Lashkar-e-Taiba (LeT), blamed for the 26/11 Mumbai carnage, got assistance from Pakistan's intelligence agency, ISI, and both coordinated with each other, Pakistani-American Da...

Naval base attack: Big blow to Pakistan's snooping capabilities w - Times of India

Pak has lost almost half of its sophisticated long-range maritime snooping and strike capabilities in jihadi attack on naval base in Karachi.

“IITs' success because of students” w - The Hindu

In a frank and controversial assessment of the Indian Institutes of Technology, Union Minister of State for Environment and Forests Jairam Ramesh dismissed both faculty and research at these insti...

Youth arrested for ‘cheating' cricketer w - The Hindu

Manish bilked Wasim of Rs. 3 lakh by promising him a slot in U.K. county cricket

India in quarterfinals w - The Hindu

Saina Nehwal suffered a shock defeat to Inthanon Ratchanok but a determined India rode on P. Kashyap and Jwala Gutta-Ashwini Ponnappa's stunning wins to enter the quarterfinals of the Sudirm...

Glacial lakes, a potential threat w - The Hindu

‘Climate change is the push factor for Glacial Lake Outburst Flood'

Confusion prevails in Jitendra Verma case w - The Hindu

Confusion continued to prevail in the Jitendra Verma doping case after the taekwondo player told a hearing panel on Monday that his ‘B' sample was re-sealed in his absence and that he was no...

NSUI bandh hits life in Tripura w - The Hindu

Life was affected in Tripura on Monday by a dawn-to-dusk bandh called by the National Students Union of India and the Opposition Congress to protest the alleged attack on some NSUI activists...

‘One from a billion' reaches Chennai w - The Hindu

The Force India Formula One Team Academy launched the Chennai leg of its ‘One from a billion hunt' initiative here on Monday. The programme, aimed at identifying racing talent i...

Siva Kumar, Panchapakesan score centuries in Ambattur's victory w - The Hindu

Centuries by K. Siva Kumar and Panchapakesan propelled Ambattur to a 32-run victory over SRF in a first division TNCA–Thiruvallur DCA league match.The scores: I D...

Obama puts Irish village on world map w - The Hindu

A tiny Irish village of 300 people which has no bank, cash machine or petrol station, though in the best Irish tradition it boasts of two pubs, was on Monday put on the world map as U.S. President...

Accumulating stocks lead textile mills to down shutters w - The Hindu

Mills seek restoration of Drawback and DEPB for cotton yarn exports

Members differ on Lokpal power to delegate authority w - Indian Express

The government assured to examine it and give its view in the subsequent meeting.

“Resolve Kashmir issue for peace and progress in South Asia” w - The Hindu

Wars or status quo cannot be the solution, says Gilani

It's al-Qaeda's reply to Osama killing: Gilani w - The Hindu

“Pakistan committed to continuing the dialogue process”

Collegium system: Amicus report says need to revisit 1993 verdict w - Indian Express

The verdict gave the CJI primacy over the government on the appointment of judges.

India to unveil new rupee symbol on currency soon w - Economic Times

India will soon introduce new rupee symbol and extra security features on its bank notes in a bid to tackle the problem of fake currency, Finance Minister Pranab Mukherjee said.

A father goes to prison to meet daughter, she sits by his feet w - Indian Express

Karunanidhi has emotional meeting with Kanimozhi in Tihar jail.

Rana trial begins, Headley says he volunteered for 26/11, talks of ISI link w - Indian Express

Headley testified that he first started training more than a decade ago with the Laskhar-e-Toiba.

Film critic Chidananda Dasgupta passes away w - The Hindu

He was a pioneer of the film society movement in India

UPA warms up to Ramdev: tax chief briefs him, Kamal Nath vows support w - Indian Express

The government is taking some pre-emptive action to keep the yoga guru in good humour.

Are you ready for your test drive w - Economic Times

In India we have been treated quite shabbily when it comes to experiencing cars. Most of the guys who sell us cars don't know anything.

‘Lethal stuff lying around’, Pak internal threat worries Delhi w - Indian Express

India is worried that Pakistan is losing its “internal coherence”.

Terrorists hold Pak Navy base for 18 hrs, bomb 2 spy planes w - Indian Express

Mehran Naval Station * 10 Pak officers killed, two US-made P-3C Orion destroyed, say officials.

Lokpal Bill: Assets of corrupt babus may be liquidated w - Economic Times

The Lokpal bill drafting committee on Monday agreed that assets obtained through corrupt means will be confiscated to make good any loss to the exchequer.

India signs deal to build training centres in Africa w - Reuters

ADDIS ABABA (Reuters) - India on Monday signed an agreement with the African Union to build training centres throughout the continent, a day before a joint summit aimed at striking deeper economic ties.

Terror groups work under ISI, Headley tells US court w - Times of India

David Coleman Headley, who scouted Mumbai for the 26/11 attacks, told a Chicago court that he disliked Indians for "dismembering" Pakistan.

Your savings a/c funds can earn more than 4% w - Economic Times

Consumers will earn half-a-percent more on savings bank accounts now after the recent announcement of RBI interest rate hike.

Russell Brand deported from Japan, says wife Katy Perry w - DNA India

Brand was deported from Japan at the weekend because of his previous criminal history, his pop star wife Katy Perry said in a message on Twitter.

Sunday's win was a big boost w - The Hindu

Such is the nature of competitive sport that you need to keep revisiting your goals and ambitions as you go forward. Our first aim at Royal Challengers Bangalore when IPL-IV began was...

ISI helped LeT in 2008 Mumbai attack: Headley tells US court w - Economic Times

Pakistani American David Coleman Headley said the ISI provided assistance to Lashkar through military and financial support & gave moral backing.

Bring all the coaches under one platform, says Carlton Chapman w - The Hindu

Former India captain Carlton Chapman has asked the National federation to bring all the coaches in India under one platform. “Look at England where the professional coaches come toget...

India on par with Germany in quotas w - The Hindu

India finished joint eighth with Italy, with two silver and a bronze medal, in the shooting World Cup in Fort Benning, U.S., that concluded on Sunday. China topped the table with three gold,...

Indians fare badly w - The Hindu

Indian athletes performed miserably while winning a silver and a bronze medal in the first leg of the Asian Grand Prix series at Jiaxing, China, on Sunday. Ghamanda Ram (men's 800m silver,...

Chief missing, Taliban say he’s fine w - Hindustan Times

Afghanistan's intelligence agency said on Monday that Taliban leader Mullah Omar had disappeared from his Pakistani hideout but did not confirm a claim, fiercely denied by the militants, that he was dead. Who is Mullah Omar

Udinese qualifies w - The Hindu

Deposed champions Inter Milan finished the season on a high with a 3-1 victory at home to Catania on Sunday as Walter Samuel made his injury comeback. The results: Juventus 2 (...

ISI, Lashkar worked in concert, David Coleman Headley tells court w - DNA India

The testimony by Headley, a star prosecution witness, came as the trial of Mumbai attack co-accused Tahawwur Hussain Rana, a Canadian of Pakistani origin, opened on Monday at Chicago's Dirksen Federal Building.

Aamir Sohrab has the last laugh w - The Hindu

Aamir Sohrab of Kerala scored a thrilling 7-6 (0), 6-7 (4), 7-5 win over Venkata N. Ramanan of Coimbatore and emerged the under-16 boys' champion in the State-level tennis tournament at the Lifesp...

Ankit advances w - The Hindu

Qualifier Ankit Sachdeva overcame Joel Kincaid of the United States 7-6(2), 6-2 to advance into the pre-quarterfinals of the Corporation Bank Manipal Open ITF men's tennis championship on Mo...

Gunbattle kills 6 after Yemen leader refuses to go w - DNA India

The clashes came a day after President Ali Abdullah Saleh refused to ink an accord brokered by the Gulf Cooperation Council (GCC) under which he would cede power within 30 days in exchange for immunity from prosecution for himself and his aides.

Terror groups work under ISI, Headley tells US court w - Times of India

David Coleman Headley, who scouted Mumbai for the 26/11 attacks, told a Chicago court that he disliked Indians for "dismembering" Pakistan.

‘West is playing India against China in Africa' w - The Hindu

Taking exception to the Western portrayals of the emerging Asian powers engaging in a “scramble for Africa,” India on Monday said the West had a vested interest in portraying the busin...

Emerging countries push back on picking IMF chief w - Reuters

BRASILIA/WASHINGTON (Reuters) - Emerging market countries lined up on Monday in strong opposition to the possibility a European could automatically succeed Dominique Strauss-Kahn as head of the International Monetary Fund.

Man detained in Paris is from Madurai? w - The Hindu

Held for alleged links to Osama's hiding place in Abbottabad

Rajiv Kumar takes over as FICCI Secretary General w - The Hindu

Economist Rajiv Kumar on Monday took over as Secretary General of Federation of Indian Chambers of Commerce and Industry (FICCI) filling the void created by the resignation of Amit Mitra who has s...

2G: Raja, telcos could claim PMO shield during trial w - Economic Times

A lawyer representing the Swan told court that Raja had conveyed his decision about telecom policy changes in letters addressed to the PM in late 2007.

Centre to divest 5 % in BHEL w - The Hindu

The Centre on Monday spelled out its major initiative to sell 5 per cent stake in engineering and electrical giant Bharat Heavy Electrical Ltd. (BHEL) to raise around Rs.4,500 crore.The boa...

ADB to invest in $60 m in VC funds w - The Hindu

Manila-based Asian Development Bank (ADB) plans to invest $60 million in three venture capital funds to help companies tackle the impact of climate change and promote development of clean energy i...

GAIL posts 14 % drop in fourth quarter profit w - The Hindu

Higher fuel subsidy tab had its adverse impact on the working of the GAIL (India) as it reported a 14 per cent drop in its net profit for the fourth quarter ended March 31, 2011, the first decline...

RBI moots holding company model for financial sector w - The Hindu

The new regulatory framework will formalise a consolidated supervision mechanism

Assets of corrupt babus may be seized and liquidated w - Times of India

The Lokpal committee also agreed that the Lokpal will have the power to verify assets declared by elected political representatives.

PM hopes to start new african chapter w - Business Standard

With eyes on a mutual growth trajectory, Prime Minister Manmohan Singh reached Ethiopia this afternoon with an aim to strengthen New Delhi’s bond with the aam aadmi of Africa.

LIC scores best in claims settlement during 2010-11 w - Business Standard

At a time when customer service and satisfaction is becoming the key to success for life insurance companies, the claim repudiation ratio (in case of death claims) has improved over the last financial year.

LinkedIn's sizzling debut: Memories of another Bubble? w - Economic Times

On first day of trading, the stock soared 109%. LinkedIn closing week at more than twice initial offering price raised alarm about tech bubble alike '90s.

Pak siege ends, 14 dead w - Hindustan Times

A 17-hour gun battle between Pakistan’s security forces and terrorists at the Mehran naval air base in Karachi ended on Monday afternoon with 14 people dead and more than 20 injured. Imtiaz Ahmad reports.

Pakistan siege ends, 14 dead w - Hindustan Times

A 17-hour gun battle between Pakistan’s security forces and terrorists at the Mehran naval air base in Karachi ended on Monday afternoon with 14 people dead and more than 20 injured. Imtiaz Ahmad reports. How the drama unfolded | Site map | Other big attacks | See pics

Mahindra Satyam still in the red w - Business Standard

Mahindra Satyam (the former Satyam Computer Services) reported a consolidated net loss of Rs 327 crore for the quarter ended March 31, on account of exceptional expenditure, including payments made to settle issues in the US with the market regulator, the Securities and Exchange Commission (SEC), and with Upaid Systems.

Kingfisher Airlines trims annual net losses by 38% w - Business Standard

UB Group-controlled Kingfisher Airlines managed to narrow its losses by 38 per cent to Rs 1,027 crore in 2010-11 from Rs 1,647 crore in the previous year.

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