| T N Ninan: No one barked |
14-NOV-09 |
| If you’re looking for the dog that did not bark, look no further than the (lack of) response to the government’s recent economic policy pronouncements. Two weeks ago, the home minister announced the Cabinet’s decision to list on the stock market all qualifying (e.g. profitable) state-owned companies, with a minimum float of 10 per cent. Already listed companies with a smaller float would take up their public stake to 10 per cent. |
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| 'Take loan, will grow' model led to Vishal's big fall |
17-NOV-09 |
| Three years before Kishore Biyani set up his first Pantaloon store on Kolkata’s high-street, Gariahat, in 1997, Ram Chandra Agarwal had set up a large garment store, Vishal Garments, at Kolkata’s Tiger Cinema, which was converted into a sprawling store. |
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| Sach is life |
14-NOV-09 |
| Twenty years ago, at sixth place in the batting order, the 16-year-old Sachin Ramesh Tendulkar walked across the National Stadium in Karachi and straight into every Indian’s heart and history. |
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| Get your own webpage |
16-NOV-09 |
| Cricket updates: check. News: check. Bookmarks: check. Notepad: check. Web chat: check. Horoscope: check. It may sound like a potpourri but is just a description of what goes into making a personalised homepage that is being promoted passionately by the who’s who of the web world — namely, Yahoo, Google, Rediff and MSN. These homepages, which can be defined as personal newspapers, give all the information in one single window. And even though most of these portals have been around for a while, it’s only of late that they have upped the ante on the personalisation front. |
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| A V Rajwade: All that glitters is not gold |
16-NOV-09 |
| The older I’m growing, the more difficult it is becoming for me to understand the rationale for some of the central bank’s decisions. In recent weeks, I have been puzzled by the decision to buy 200 tonnes of gold from the IMF at a cost of $6.7 billion, as also by the proposal to introduce credit default swaps in the Indian market. The decision to buy gold was described as an “earthquake” in a recent Financial Times editorial (November 7). |
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| Public sector banks roll out the red carpet for MBAs |
16-NOV-09 |
| When he took over as the chairman of Union Bank, M V Nair was one of the youngest entrants to the corner office of a public sector bank. So it’s natural that Nair didn’t think twice before rewriting the rules of the recruitment game for his bank. |
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| Doing the desi hic |
14-NOV-09 |
| It is a quirk of behaviour that, while we all know that wine goes best when consumed with food, experts would be horrified if one suggested having anything to eat when tasting wines. So, most wine tasting exercises are conducted with only crackers and water to refresh the palate. |
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| Bangalore may face oversupply of luxury rooms |
14-NOV-09 |
| This is one luxury Bangalore can afford not to have. The city is set to add the highest number of “keys” in the upscale rooms category at a time when demand is not so certain. |
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| Rice prices to rise despite drought |
17-NOV-09 |
| Rice prices have nowhere to go but up as drought in India and cyclones in the Philippines cripple harvests, according to the world’s biggest importer and the top exporter. |
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| Mukesh Ambani dons milkman's hat with 'Dairy Pure' |
16-NOV-09 |
| Milk is industrialist Mukesh Ambani’s newest business muscle and his corporate dairy is looking for refrigerator space at mom and pop stores, in addition to vending from Reliance Retail stores. |
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| UltraTech board okays merger |
16-NOV-09 |
| Samruddhi Cement, a wholly-owned subsidiary of Grasim Industries, is all set to merge with UltraTech Cement, Grasim’s other subsidiary, on July 1, 2010. The merger, to be completed by September, will result in the world’s 10th largest cement maker. |
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| Auction those mines |
17-NOV-09 |
| Whether or not you believe the numbers put out by the Central Bureau of Investigation (CBI) on former Jharkhand Chief Minister Madhu Koda’s wealth, there is little doubt that the mining lobby has gained enormous financial clout and, through it, political power. If in doubt, look at recent events in Karnataka, where the mining lobby has humbled the sitting chief minister. It is obvious that the miners’ power flows from the enormous rents that they control once mining rights/licences are handed out to them. Since getting or not getting a lease is the difference between large sums of money and none, it is hardly surprising that these lobbies are liberal when it comes to handing out money to ensure that the present rules continue. That might explain why the government does not take the obvious step of auctioning mineral fields, in preference to the arbitrary selection process that exists today. An auction system will bring transparency into the system. |
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| BCCI expands the field for IPL 2010, adds two teams |
17-NOV-09 |
| Bidders will be offered a choice of eight to 10 cities that can be made their home team venues and they will be allowed to bid for any number of cities. The highest two bids will be chosen and companies will use the name of that city as their home base and team brand. |
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