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I thought this might interest some of you. Its a social enterprise competition sponsored by IIM-A and Piramal Foundation geared towards revolutionizing Indian Healthcare. More information below - What:The Piramal Prize a $25K Social Entrepreneurship Competition focused on democratizing health...

Will Bullion reach $1,000? If the experts are right, gold could be poised for another banner year in 2008. Experts say they expect continued weakness in the dollar and robust investment demand, and that prices for gold could surge to above $1,000 an ounce in the next 12 months, according to a...

By Claire Sibonney TORONTO (Reuters) - A Canadian oil-field worker, stunned to get a C$85,000 ($83,700) cell phone bill, has had the charges reduced to C$3,400, but is still fighting them. Piotr Staniaszek, a 22-year-old oil and gas well tester in rural northwest Alberta, became a figure of...

India plans to set up about 1,000 automatic weather stations in the next financial year as part of the Indian Space Research Organisation's expansion programme to improve meteorological services. "About 1000 automatic weather stations are planned to be deployed during 2008-09," Director of...

The Aditya Birla Management Corporation is looking at raising total employee strength to 55,000 in its retail business alone, from 8,000 employees right now. Speaking at the seminar organized by the National HRD Network in Kolkata, Santrupt B Misra, director-HR and IT of the company, said, "We...

What does it take to start a company? Well, if you are Atul Khekade of Innovation Trip, then only $2,000 would be sufficient to bankroll a business -- a business that is expected to generate revenues of $250,000 by December and if all goes as planned, could well hit the million dollar mark by...

Rediff Business presents the TCS Smart Manager Case Contest # 31 for managers, along with The Smart Manager, the management magazine! We give you a profile and the history of a company. All you have to do is study it and post your solution by clicking here, in 500 words or less. The best...

Plagued by complaints against the high-handedness of private loan recovery agents, State Bank of India is looking to directly hire 3,000 marketing and recovery officers whose job profile would include "soft recovery" of loans. These officers, vacancies for which were notified on October 1 and...

The downslide at the stock market continued unabated for the third day today with jittery foreign investors resorting to huge sell-off in the aftermath of regulator SEBI's proposals to curb overseas inflows through instruments like participatory notes. Today's slide of 438.41 points in the BSE...

Sometime in mid-August, at the height of the sub-prime crisis in the US, Tata Mutual Fund MD Ved Prakash Chaturvedi predicted that we might see the 1,00,000 mark for the Sensex index in our lifetime. It sounded outlandish as the markets were then battling the fast FII outflows in July and the...

Top corporate honcho Mukesh Ambani makes close to Rs 1,000 every second for his flagship company Reliance Industries and, in turn, gets a reward of one per cent of this additional profit or Rs 10 per second. The paycheck of Ambani, already the richest Indian and highest paid corporate chief in...

Indian markets achieved yet another milestone on Wednesday; it opened positive and within seconds, hit a new high. The 30-share index took 5 days to reach 17,000 from 16,000. (See below for the timeline) The Sensex opened with a positive gap of 70 points at 16,969. The index is now up 114...

15 new IIT, IIMs; Rs 25,000 cr for farmers In his address to the nation from the ramparts of Red Fort on the occasion of the 60th anniversary of the country's independence on Wednesday, Prime Minister Manmohan Singh said the key initiatives of his Government would include massive increase in...

Victorinox Swiss army Platinum Diamond Knife for USD: $70,000 The Victorinox Swiss army Platinum Diamond Knife is based on the 74mm Executive-type Victorinox army knife, the shells are made of pure platinum 950, inset lengthwise with 430 flawless diamonds according to IF-VVS standards...

A file photo of a nuclear power plant Coimbatore: With eight more power plants sanctioned, the nuclear power generation in the country would cross more than 12,000MW by 2020, Dr V Meenakshisundaram, Head, Radiation Safety, Indira Gandhi Centre for Atomic Research (IGCAR), said in Coimbatore at...

Despite weak global cues, Indian stocks were in great demand, especially auto, pharma, IT and metals stocks. On Friday, this lifted the Bombay Stock Exchange's benchmark 30-share Sensex past the magical 15,000-mark. The unprecedented Bull Run started on May 6, 2003 when the Sensex was at...

Sensex hits 15,000, party time for bourses The marketmen, analysts and brokers were eyeing it for a long time, and it was mid-noon Friday that the trading reached its peak and pushed the benchmark Sensex to an all time high of 15,000 points. The National Stock Exchange index Nifty too surged...

Agra, June 28 (IANS) Actor-turned-politician Raj Babbar plans to host a grand wedding reception for his daughter Juhi here July 6, with about 75,000 people expected to attend. Raj Babbar, MP from Agra and convener of the Jan Morcha, wants his electorate to bless the newly weds, party workers...

Stagnation in textile exports due to rupee appreciation would lead to a loss of around 5,79,000 potential new jobs in 2007-08 alone, including the loss of 2,72,000 direct jobs in the industry and the balance in allied sectors, a study carried out by the Confederation of Indian Textile Industry...

Harbour Consulting's auto productivity report is out, and while most makers are showing improvement, the numbers look bad for Ford First, the good news: Detroit's Big Three carmakers continue to narrow the gap with the Japanese when it comes to how long their factories need to build a car...