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Assocham suggests recipe for reining in fiscal deficit
New Government at the Centre need to restore excise slabs

Insecurity of employment haunts Satyamites
Tech Mahindra, Satyam form a team to ensure a smooth integration of operations

Maruti unveils second K-series engine
It will be fitted with soon-to-be-launched Ritz

Indian MNEs focus on Europe for investment
Concentration continues to be on energy and metals

SEZ developers seek more time


Welcomgroup tops Hewitt best employer
CHENNAI: ITC Welcomgroup, the flagship hotels division of ITC, was adjudged the best employer in Asia in the hospitality sector by the global human resources consulting and outsourcing firm, Hong Kong, Hewitt Associates, in partnership with ...

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Barometer


Briefly
Polaris lays foundation for CoE
CHENNAI: Polaris Software Lab on Tuesday laid the foundation for its Centre of Excellence (CoE) for Insurance in Sipcot here. The company plans to invest $20 million in this centre. This facility would be eight-storied with a built-up area of ...

IBM in pact with Kurmanchal Bank
CHENNAI: IBM on Tuesday signed a 10-year information technology (IT) outsourcing agreement with Kurmanchal Nagar Sahakari Bank Ltd., one of the leading urban co-operative banks in Uttarakhand. As part of the agreement, IBM will remotely host ...

Super Spinning Mills plans to sell division
COIMBATORE: Super Spinning Mills plans to sell, lease or dispose of the “D” unit of the company and the garments division (Sara Apparels and Fashions). The company has informed the Bombay Stock Exchange that it will conduct a ...

BT opens Asia Pacific Security Centre
NEW DELHI: BT India, Indian arm of BT, provider of communications solutions and services, on Tuesday announced the opening of its first BT Asia Pacific Security Operations Centre (SOC) in Noida near here. The new SOC will initially employ over ...

ABB to supply industrial robots to BMW
BANGALORE: ABB has signed a five-year ‘frame agreement’ with the carmaker, BMW Group, to deliver 2,100 industrial robots, according to an ABB release. Deliveries of the robots are to commence in 2010 for BMW’s operations in ...

Netmagic to offer cloud computing services
BANGALORE: Managed IT services provider Netmagic Solutions announced that it would offer cloud computing services (virtualised data centre over the Internet) to enterprises. Netmagic will offer three services, CloudNet, CloudServe and Private ...

UTI Wealth Builder declares 8 % dividend
CHENNAI: UTI – Wealth Builder Fund, Series II declares tax-free dividend of eight per cent (0.80 per unit on face value of Rs. 10. The record date for the dividend is April 16, says a release. — Corporate ...




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