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Korean consumer durables maker LG Electronics on Thursday said it will hire around 4,000 people in India in next three months to enhance its after-sales services in the air conditioner segment. The company's Indian subsidiary LG Electronics India has been on a hiring spree since the last six...

Mahindra Satyamhas approached the Commerce Ministry for more time to develop the three IT Special Economic Zones in Andhra Pradesh as it has decided to go slow on its expansion plans due to the slowdown. Besides Mahindra Satyam, Wockhardt Infrastructure Development and the Kandla Port are among...

In college, Tarun Tejpal, the editor-in-chief of news magazine Tehelka, was an avid quizzer, participated in debates, played sports, and dated Geetan, now his wife. In a candid interview with Careers360, he expresses his disappointment over India's conservative, intellectually challenged...

Foundation for Advancement of Education and Research (FAER) announces its Motorola Scholar Program to select scholars from engineering colleges based on a project in the following areas: * Computer Science and Information Technology * Communications * Power and Energy Systems *...

Is it the intermittent strikes or the never-ending political turmoil, is it the 32-year-old Left Front 'rule' or the laid-back work culture of the state -- it is difficult to ascertain what plagues the West Bengal economy that is not really showing much sign of improvement. Like a head that is...

Maharashtra Chief Minister Ashok Chavan tells Business Standard that the state's debt burden is huge but under control. Maharashtra is facing stiff competition in attracting investments. Is the state government offering any special package or bringing out new agriculture and industrial...

Scenting opportunity in the budget hotel segment, diversified conglomerate Tata Group plans to construct 50 hotels of its no-frills chain-- Ginger-- across India in the next four years. Indian Hotels Company Ltd (IHCL), the group's listed hospitality firm, owns 20 Ginger hotels in the country...

Travellers cheques, once a staple in the wallets of tourists, are making a silent exit Travellers cheques (TCs) date back to the end of the 19th century with American Express and Thomas Cook as the first issuers. Thomas Cook had issued a precursor to the TC, Cook’s Circular Note, in 1874 in New...

The Coca-Cola Company supports a global climate deal and aims to reduce its environmental footprint by focusing on water use, refrigeration and packaging, its chief executive said on Saturday. CEO Muhtar Kent told Reuters the world's biggest soft drinks maker aims to spread a plastic bottle...

The Centre has turned down the proposal of the empowered group of state finance ministers to keep alcohol out of goods and services tax. The government has in fact suggested that both alcohol and tobacco, which are demerit goods and considered harmful for health, should be kept under GST, with...

Aluminium producers are pleasantly surprised, as the price of the base metal reached a 14-month high of $2,188 per tonne this week despite the absence of any surge in consumption. P K Parida, executive director (marketing) at the public sector National Aluminium Company (Nalco), said the price...

Absolute Returns (in %) as on Dec 11, 2009 return on mutual fund and its rating

Stakes in India's nuclear power generation programme are among the highest in the world. With plans to generate 60,000 MWe (megawatt electrical) by 2030, up from just 4,120 MWe on Thursday, India will need more than 50 nuclear reactors, allowing for a generating capacity of 1,000 MWe each...

Anil Dhirubhai Ambani Group flagship company Reliance Infrastructure Ltd (R-Infra) has won a Rs 1,000-crore (Rs 10-billion) road project from the Gujarat government, within a week after winning the Rs 1,725-crore (Rs 17.25 billion) Pune-Satara Road project from the National Highway Authority of...

The Indian government has approved more than 1,400 projects as part of the clean development mechanism that could attract around $6 billion (Rs 28,000 crore) into the country by 2012 through sale of Certified Emission Reduction certificates, according to environment and forests minister Jairam...

San Francisco and Bengaluru have a lot in common but there is a lot more that is different. San Francisco and Bengaluru have recently signed as many as seven MoUs, covering subjects ranging from water and sanitation to art and museums, to strengthen their sister-cities relationship. But till...

A pan-India survey conducted recently by the Bangalore-based Institute for Social and Economic Change (ISEC) has brought to light an alarming fact about Indian women. A typical Indian woman fares abysmally with regards to her menopausal health. The study tested samples from 1,00,000 women in the...

In 1997, when Marjorie Scardino was appointed CEO of the Pearson Group, owner of such venerable British media titles as Financial Times and The Economist, Pearson's share price actually fell on the London Stock Exchange. As one news agency wryly explained it at the time, she was, after all...

Quite often you hear your insurance advisor talking about mortality charges in your life insurance. But what is the meaning of mortality charges? How are they computed and as a policy holder does it give any benefit to you? What should you know to save on mortality charges? What are mortality...