Category Archives: Business

Larsen & Tubro looks Stronger – Aims to Create 20,000 Jobs

January 11, 2010 admin123

L&T, with an immediate expansion plans of Rs 7000 crore is also planning to recruit a lot of people – around 5,000 technical and non-technical people and 1,500 IT people in next 12 months. Also its projects would generate around 13,000 indirect jobs due to the contracts that it would give out.

Our View: It is a good strategy to make acquisitions, improving on your core strengths, making investments for long term benefits when the short term strategy and future is not clear. When the markets were down and unclear L&T was ready for a Rs 7000 crore investment and already has Rs 90,000 in the order books.

Link: http://economictimes.indiatimes.com/articleshow/5431745.cms

Business, Jobs

Companies in Mumbai

January 11, 2010 admin123

Mumbai has a lot of manufacturing units and offices for many companies. Mumbai being the financial capital of the country has base for many companies in almost all the sectors. There are companies in:
Continue reading Companies in Mumbai →

Business, People

Soaring vegetable prices pinch consumers

January 10, 2010 admin123

Along with staples, vegetables have also seen an upward trend in its prices. Prices for some commodities have almost doubled in last 1 year. The reason cited is erratic climatic condition. The prices for some quality of rice have also increased for this reason.
Continue reading Soaring vegetable prices pinch consumers →

Business, Economy, Government

BSNL and CIL Out of Disinvestment List

January 9, 2010 admin123

The disinvestment department had dropped the names of state owned firms, BSNL and Coal India. According to them the current valuations are too low as compared to 2008 valuations and it does not reflect the potential of these companies. Though government might disinvest some part of BSNL quickly.
Continue reading BSNL and CIL Out of Disinvestment List →

Business, Education, Jobs

IIT Team Wins NYC’s ‘Next Big Idea’

January 8, 2010 admin123

Students from IIT Madras have won the ‘Next Big Idea’ contest for the NYC. The contest was organised by bloomberg, to pitch an idea that will improve quality of life and create jobs and continue to attract and retain talented entrepreneurs from around the globe. Their idea was to make the power grids work better/effecient. The prize money for the event was $20,000.

Our View: As they had told that their idea is still not applicable to our own country because the technology back home is not compatible. India surely has the talent it needs our effort to provide them with the right guidance, infrastructure to make them winners!!!

Link: http://www.ndtv.com/news/india/us_iit_boys_win_next_big_idea_prize.php?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ndtv%2FLsgd+(NDTV+News+-+India)&utm_content=Google+Feedfetcher

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