Even though Vibrant Gujarat 2011 remains five months away, a public sector bank is already keen to be a partner and sponsor the event.Indian Bank, with its headquarter in Chennai, is keen to take part in the coming event of Vibrant Gujarat 2011, scheduled in January 2011, and to sign memorandum of understanding (MoU) of Rs5,000 crore ."Our bank is ...

The race for the post of secretary, Department of Telecommunications (DoT) and chairman, Telecom Commission is heating up as the incumbent gets ready to move to the Central Vigilance Commission (CVC).CVC chairman Pratyush Sinha is due to retire end of the month.Even as the Opposition raises its pitch over current DoT secretary P J Thomas, a 1973 batch Kerala cadre ...

Technology and digitisation has added a whole new meaning to all the routine work in our lives. So what's next? Digital celebration of festivals, perhaps. Students of E-Pic animation institute, under the guidance of their teachers, have come up with a unique concept of Digital Ganeshotsav.This includes a 10-minute long video clip showing the digital version of the festival. Right ...

Ahmedabad-based Intas Pharmaceuticals Ltd, having a turnover of Rs1,620 crore, is all set to go public in a year's time and join the league of listed companies like Cadila Healthcare, Torrent Pharma and Dishman Pharma. The company expects to raise around Rs750 crore by diluting 15% stake in its maiden public offering.The IPO is primarily aimed to give a partial ...

On Monday, a workshop was organised by Canara Bank, circle office, Ahmedabad for implementation of web portal for Sarvashiksha Abhiyan. Arti Kanwar, state project director, Gujarat, inaugurated the event and Neelam Kumar, controller of accounts, HRD ministry, New Delhi gave her key note address.J Raghunatha Rao, deputy general manager of Canara Bank, welcomed the guests. All the district level officials ...

Margins of banks could be under pressure in the next decade as the wholesale debt market deepens and corporate customers access them directly, said a report by the Boston Consulting Group (BCG).Fee income will be a key driver of profitability, half of public sector banks and 9% of private sector banks which took part in the survey conducted by BCG ...

The ongoing painting exhibition at Mukesh Art and Frame gallery has some truly beautiful paintings of Lord Buddha on display. The man behind this collection of peaceful Buddha portraits is, Mangesh Thakerda from Gujarat.This is his first solo exhibition in the city, and has so far received an enthusiastic response. Inaugurated on September 4 there are more than 30 paintings ...

Not experimenting with different hues in photography might seem boring. But the perception changes when you look at the wonders Christopher Mark Taylor works on, with just black and white in his photography.Born and brought up in a small town on the east coast of England, Taylor has been practicing photography since he was 17 years old. What started as ...

Prem Raval has followed his passion as an artist and painter with great zeal. He has participated in several shows in more than 50 Indian cities. Raval has also exhibited his works in countries like USA and Germany and has received numerous awards.But the ongoing exhibition of his paintings at a city-based art gallery puts the artist in a slightly ...

The Associated Chambers of Commerce and Industry of India (Assocham) has predicted a shortfall of close to 10% in exports target for current fiscal, due to slowdown in exports growth rate.With the trend of decline in exports unlikely to change, the chamber is of the view that India's exports would thus be around US$180 billion as against the target level ...

Labour troubles have shut Apollo Tyres' production facilities in Africa for the last six days.The company makes and sells 180 tonnes of passenger and truck tyres under the 'Dunlop' brand from its African operations spread across three separate plants in Durban, Ladysmith and Zimbabwe but due to the complete shutdown, no production has been happening at any of these facilities ...

After slipping to abysmal levels during the economic slowdown, profitability of cargo airlines has returned to heydays.A report by the International Air Transport Association (Iata) says profitability returned to pre-recession levels for US cargo airlines during the fourth quarter of the 2009 and the first quarter of 2010. Asian cargo profitability was even better as business confidence in the region ...

Demand for home loans has been rising everyday, and the homes, falling in the bracket of Rs25-35 lakh are the upper limit of affordable housing in Ahmedabad, feels Punjab National Bank (PNB)."For commercial and high-end house, the demand for housing loan is almost negligible but for affordable housing, it is continuously increasing. The segment of middle and upper middle class ...

I took a loan from ICICI. I sold my house and repaid the loan. Then I bought a new house and took a new loan from IDBI. Can I claim tax benefit on both loans?Yes you can claim deduction for capital repayment of both housing loans during the year, under Section 80 C up to a maximum of `1 lakh ...

The number of Indians using the internet might be growing in leaps and bounds, but the number of women online still remains very low in comparison with men.According to a report by browser-maker Opera, the number of female mobile internet users globally has grown at a rate of 575 per cent internationally, but Indian women comprise only four per cent ...

Missing out on an Olympic medal in 1984 Los Angeles Games by 1/100th of a second is something that PT Usha will never forget. But to make up for her unfinished dream, Usha is backing her protege Tintu Luka, the new 800m national record holder. "She will make the cut for 2012 London Games and, mark my words, she is ...

Industries, banks and several other commercial establishments will observe a shutdown on Tuesday as part of the all-India strike call going out from eight major trade unions, including the Congress-affiliated INTUC. The strikers are protesting the price hike, the violation of labour laws, and disinvestment of public sector undertakings.CPI MP Gurudas Dasgupta, speaking with PTI, said that Tuesday's strike would ...

1 Sticking to my dream of becoming a playback singer since I was in class five.2 Taking up English Honours after studying Physics Honours for one month. It was a very important decision because physics was a very time consuming subject with its practicals and my music was getting sidelined.3 Taking part in a reality show because it helped me ...

The birthplace of panchayati raj in India Nagaur is now turning into a nursery of corruption. The maximum cases of corrupt practices in gram panchayats were lodged in Nagaur district of Rajasthan from where prime minister Jawaharlal Nehru had dedicated the panchayati raj system to the nation 50 years ago.The Rajasthan police are investigating 350 complaints of irregularities and corruption ...

Scams in schools run by the Catholic Church won't go unnoticed henceforth. The Church has formed a permanent committee of senior priests to probe allegations of corruption against officials of such schools.The panel will especially keep an eye on allegations of some institutes forcing students to pay hefty donations for admissions.It will also look into complaints about mismanagement and illegal ...

Arvind Singhal, founder of Technopak Advisors, expects the Indian textiles industry to be worth about $220 billion by 2020. In an interview with Shailaja Sharma he spoke on the emerging trends in modern retail and why allowing FDI in retail would work in favour of Indian consumers. Excerpts:What kind of growth is the textiles and apparel industry poised for?From a ...

Mercator Lines, India's second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more than 30 million tonne (mt) capacity within the current financial year.The company plans to invest $100-150 million for the acquisition. The mine will be larger than Mercator's existing coal mine in Mozambique which has a capacity of 10 mt."The ...

Caught a male colleague digging his nose at a meeting? Or touching his private parts totally oblivious to the others in the room squirming in their seats? Most of us would shrug away such behaviour simply because we see so much of it around us. Next time this happens, gift him a copy of the book, Broom and Groom, suggests ...

The amount raised by Indian firms through external commercial borrowings (ECBs) and issue of foreign currency convertible bonds (FCCBs) has dropped 35% in July to $1.16 billion, after recording an increase of 157% in the previous month to $1.79 billion compared with May, according to data released by the Reserve Bank of India (RBI) on Monday.Investment bankers feel that the ...

Even as the Prime Minister protests his inability to distribute food free of cost to the poor, the overflowing food stocks seem set to lead to another year of blockbuster expenditure on the public distribution system.According to numbers from the department of food and public distribution system (PDS), the government spent Rs25,600 crore on food subsidies during just the first ...