Bellary is on fast track, coming up one of the largest steel plant in Karnatka by the world’s largest steel maker ArcelorMittal.
NRI billionaire L N Mittal-led ArcelorMittal has paid Rs 600 crore to the Karnataka government for land in Bellary, state Chief Minister B S Yeddyurappa said here today.
“ArcelorMittal’s plant is to come up [...]
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ArcelorMittal pays Rs 600 crore to Karnatka Govt
Infosys hired 9,313 employees in Q4
IT major Infosys Technologies today said it hired 9,313 employees in the fourth quarter while the net addition after taking attrition into account was 3,914.
“During the quarter, Infosys and its subsidiaries added 9,313 employees (gross). The net addition during the quarter was 3,914,” the company said in its financial statement.
As on March 31, 2010, Infosys [...]
India Inc likely to lay out jobs bonanza in FY 11
A windfall awaits those looking for lucrative employment avenues with just four sectors –IT, telecom, banking and healthcare — expected to generate over five lakh jobs by March next year, experts said.
According to experts at various global consulting firms, financial year 2010-11 comes with huge job opportunities across sectors and different hierarchical levels in companies.
“Banking, [...]
Mamta Banerjee pulls the trigger on Mr Ratan Tata – World’s cheapest car quits Singur
Two years back Mr Tata said – ‘I am unfortunately a person who has often said, you put a gun to my head and pull the trigger or take the gun away, I won’t move my head.’ Finally, the devil has won and Ms. Mamta Devil Banerjee has succeeded in pulling the gun on Mr. [...]
Ambani vs. Ambani – Mukesh Ambani wants to buy ADAG’s flagship company, Rcom
The MTN saga is getting longer and longer and the deal is just not getting through. Earlier, Bharti – MTN deal was ruled out due to deviation of MTN from ‘in – principle’ agreement which is highly unethical for a conglomerate of such magnitude. And now, all of a sudden, Mukesh Ambani has jumped into [...]
Ranbaxy leaves India to become subsidiary of Japanese Company, Daiichi Sankyo !!
Ranbaxy is no more an Indian company and second biggest drugs company of Japan has acquired 34% stake from Malvinder which makes it the subsidiary of Daiichi Sankyo. I am here not to discuss the economics of deal but truly speaking somewhere at the bottom of my heart, I am not so happy about the [...]
Indian Telcos go big bang on STD tariffs
It started with reduction of STD tariff rates from Rs 2.65 to Rs 1.50 per minute and the war is just not getting over. You say it and it is available in the market, unlimited on net STD calling, unlimited on net local calling, Off net STD calling at 50 paisa, unlimited SMS, unlimited internet [...]
ICICI Bank plays a smart trick – No promotion & No bonus but no attrition too !!
Have you ever seen the Chief of Human Resource coming out and crying loud on no promotion, no bonus, no increment, and no hiring policy of a company? ICICI bank is an exception and is doing this smartly. This policy is serving two purposes for ICICI bank, cutting down employee cost and employee retention. Well! [...]
Virgin Mobile – Branding & Marketing Zarra Hatke !!
What is the value of a brand? Brand can make a company rise to the crescendo from ashes. Brand building exercise is not an easy thing and it takes years for a company to build an image. If the brand has a recall value, you can take leverage of it by making your partner pay [...]
Sir Richard Branson loses his virginity to TATA Teleservices Limited !!!
Finally, the alliance between Tata Teleservices and Virgin is made official and Virgin Mobile can have a pie of the Indian Telecom Market. Yesterday, Sir Richard Branson launched services in India in his usual charismatic and flamboyant style hanging from five star hotel, Hilton in Mumbai. He is known for his style and this event [...]
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