Mumbai: India has surpassed Italy and is now officially the largest gold jewellery producer in the world. Confirming the development, Federazione Nazionale Orafi Gioiellieri Fabbricanti Aderente a Confindustria or Federorafi which is the federation of Italian jewellers said that India has relegated Italy to second place in gold jewellery production. In an interview to TOI, […]
“Disaster management is not just the responsibility of civic authorities, but also of families who must take care of their finances” Manik Dey, 55, a manager with Air India was a bit too optimistic in life. Dey hopes that nobody should suffer like him and pay through the nose the way he did. Floods ravaged […]
Mumbai: Nothing sells better than sex and religion. In keeping with that maxim, mobile content providers are now looking at bolder revenue opportunities, beyond ringtones, contests and games, to grab the country’s 100 million cellphone users. So, by the beginning of 2007, Indians may lose their shyness in the bedroom-and the under-exercised couple may turn […]
Mumbai: Is India’s software talent getting too expensive? Henning Kagermann, chief of SAP, the leader in client and server enterprise application software, believes so. His recent statement that Indian software developers are becoming expensive and SAP intends to look elsewhere for hiring, has sparked off a debate on whether India can retain its competitive edge […]
The Pioneer takes a close look at the personality of the newly appointed head of SEBI, the watchdog of the country’s capital markets For a person who is publicity-shy. Devendra R Mehta, the fourth chairman of the Securities and exchange Board of India (SEBI) has opted for a high profile job. The fact that he […]
“Finance minister Manohan Singh says he will not quit “ He is the man that the Joint Parliamentary committee (JPC)-or, at least, some of its members-loves to hate. But finance minister Man Mohan Singh is not a man to be browbeaten by critics. Or, for that matter, forced out of officially forced by a somewhat […]
“Pepsi Foods submits a new set of proposals to the government and prepares to face competition from Coca-Cola “ Four years after Pepsi came to India, it isn’t sure if it made the right choice of terms and conditions. Under pressure from the government, the company finds itself bottled up by the clauses of its original […]
The ratification of the Dunkel Draft by India elicits mixed reactions Last week, P.V. Narasimha Rao surprised quite a few people in the commerce ministry. In a public speech in Rajasthan, the Prime Minister dwelt on the period after signing the Dunkel Final Act (DFA). And what he said was hardly calculated to raise the […]
Fear was the key. And, by what the average tourist regarded as a defence against cholera, acquired snob value. A commerce built on fashion and fear had to succeed. So has the mineral water industry. This summer, the turnover has touched Rs.20 crore, with sales put at an awesome 2, 00, 000 cases (one case […]
The final JPC report absolves Union finance minister Manmohan Singh, but fails to identify the real scamsters Ram Niwas Mirdha was a worried man on 8 December, when the Joint Parliamentary Committee (JPC) was to meet to approve the draft report on the security scam. He faced one of the most embarrassing moments of his […]