Tuesday, March 25, 2008

India's Pay Commission suggests hefty salary hikes


India's Pay Commission suggests hefty salary hikes
Hefty salary hikes await some four million employees of the Indian central government with effect from January 2006 if the recommendations of the sixth Pay Commission get the official nod

'India will be 2nd largest mobile phone market'
India is set to emerge as the second largest mobile phone market in the world after China in April with the subscriber base already crossing the 250 million mark.

IT sees dip in M&A deals in value terms
IT companies, investment banks eye economics graduates


Technology cannot solve social problems: Vmware CEO
Though technology can boost the growth of the country, it cannot solve the social problems in India, said Diane Greene President and CEO, VMware

A laptop that looks into your heart
An Indian medical technology firm has configured a laptop that can do a heart scan, abdomen scan and even a pregnancy test while retaining its basic functions.

Dr. Sandeep Sibal VP of Technology, Qualcomm India
BT completes acquisition of Frontline Technologies


SBI aims at $250 Mn business in Sri Lanka
Indian banking titan State Bank of India (SBI) hopes to do business of the order of $250 million in Sri Lanka in the coming three years.

NetMagic plans more data centers
IT firm NetMagic Solutions has stepped up its data center investments in India, demonstrating a growth from one data center to five in the last 12 months.

ICICI Bank buys back bonds worth $50 Mn
Reliance Energy shares buyback from Tuesday


Global PE duo to invest $500 Mn in Unitech SPV
Private equity players Lehman Brothers and Deutsche Bank will jointly invest $500 million in an SPV floated by Unitech, India's second most valued real estate developer.

PE firms cut corpus of realty funds

Due to a tightening of global liquidity markets, private equity fund raising for the real estate and infrastructure sectors has become difficult.

ETA Star plans IPO, acquires mine in Mozambique
SEBI says no to non-IPO first day price band


'Nuclear energy not preferred in U.S.'
In the U.S., manufacturing units and private enterprises prefer smart energy solutions to meet their production needs instead of going for thermal or nuclear energy systems.

International designs shape Indian construction projects
A luxury villa designed by Giorgio Armani, an 18-hole golf course conceptualised by Greg Norman and skyscrapers with the FX Fowle touch - hiring global professionals has become a new trend with Indian realtors.

Kerala declaration calls for responsible tourism practices

Skoch announces 'The World Is Open Awards' winners


Hitwise Intelligence - Analyst Weblogs