| India remains attractive for B-school aspirants | 23-NOV-09 |
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| Foreign universities may be going the extra mile to lure Indian students abroad, but a new report reveals that Indian students who aspire for a Master in Business Administration (MBA) degree continue to find the country an attractive destination for higher studies. |
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| Project Management Institute Honors L&T with PMI Distinguished Project Award | 13-NOV-09 |
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| Larsen & Toubro Limited (L&T) was awarded the Project Management Institute (PMI) Distinguished Project Award for the Booster Compressor Platform Project (BCP-B2) located off the coast of Mumbai commissioned by Oil and Natural Gas Corporation (ONGC). This award recognizes and honors successful projects that have promoted project management concepts, techniques, practices or theories through the effective application of project management principles. |
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| Manufacturing growth slowest since April | 02-SEP-09 |
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| The growth in the domestic manufacturing sector slowed in August, though domestic demand continued to drive recovery despite lower margins. The Purchasing Managers’ Index (PMI), compiled by Markit and HSBC, a seasonally adjusted headline index designed to measure the overall health of the manufacturing sector, stood at 53.2 last month down from 55.4 in July. |
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| Mfg slows down in Aug, domestic demand drives growth: PMI | 01-SEP-09 |
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| The growth in domestic manufacturing sector slowed down in August though the domestic demand continued to drive recovery despite lower margins. The HSBC Market Manufacturing Purchasing Managers Index (PMI), a seasonally adjusted headline index designed to measure the overall health of the manufacturing sector, stood at 53.2 last month down from 55.4 in July. |
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| PMI steady in July, expands for 4th month | 04-AUG-09 |
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| The Markit Purchasing Managers’ Index (PMI) for the month of July remained stationary at the previous month’s level of 55.3 mainly driven by strong growth in the domestic market while demand from abroad also picked up slightly. |
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| Markets at a glance | 06-JUL-09 |
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| Markets were in consolidation mode for most of the week. Unemployment levels in the US were inching up to double digits and was a drag on the global markets on Thursday and Friday. In spite of this news, Indian markets closed in the positive territory on Friday. |
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| PMI expands for third consecutive month, but lower than May level | 02-JUL-09 |
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| The Markit Purchasing Manager’s Index (PMI) expanded for the third consecutive month in June as companies reported higher domestic demand. Exports also improved in the month due to successful marketing campaigns and improved product quality, said the monthly report. |
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| John Samuel Raja D: Domestic demand is picking up | 11-JUN-09 |
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| Business confidence in India has seen a dramatic improvement in the last two months, primarily after the results of last general elections that brought a more stable coalition at the centre. The Purchasing Manager’s Index (PMI) for India increased for the second consecutive month in May to touch 53, reflecting the expansion of manufacturing owing to strong domestic demand. |
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| Reality check | 10-JUN-09 |
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| More and more people around the world are inclined to believe that the worst of the economic crisis is over, and that the signs of recovery are in the air. In India, the sense of optimism has been reinforced by the rather unexpected political outcome, which potentially frees the government of the many constraints it operated within during its previous term. Anticipation is building up about a breakthrough Budget, which will add momentum to the virtuous circle of evidence and expectations. However, before the book is closed on the meltdown, it would be prudent to do a reality check on the state of the economy, toting up the negative signals along with the positive. |
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| PMI expands for second consecutive month | 02-JUN-09 |
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| The Purchasing Managers’ Index (PMI) expanded for the second consecutive month in May, as manufacturers reported higher new orders because of revival in domestic demand. But exports continued to remain a concern. |
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| Copper smelters suffer due to low refining rates | 05-MAY-09 |
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| Revival in China’s economy, as signaled by Purchasing Managers’ Index (PMI), has further pushed up metal prices, especially copper. Copper prices have hit the 6 per cent upper limit on the Shanghai exchange as per PMI data. In the last 4 months, copper prices have gone up by nearly 60 per cent from its multi-year lows. At the end of December 2008, copper touched a low of $2,812 a tonne. On May 1, it traded at $4,501 on the London Metal Exchange (LME). |
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| Manufacturing output may drop in Nov: Survey | 02-DEC-08 |
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| In what may be a pointer to the industrial output in November, ABN Amro’s Purchasing Managers’ Index (PMI), a gauge for the manufacturing sector performance, has suffered its first |
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