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Premier institutes gear up to convert exeCs into biz leaders
Professionals are making the most of the short- and full-term courses to keep pace with changing trends at the workplace

L&T Infotech, Savvion in pact to provide BPM solutions
IT services provider, L&T Infotech, today announced a strategic partnership with Savvion to provide Business Process Management (BPM) solutions. These will be in the areas of business process modeling, implementation and integration solutions and services to its clientele, a press release issued here stated.

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Markets recover on RBI-speak
The markets rebounded in the later afternoon, thanks to the Reserve Bank of India Governor D Subbarao"s comments that capital flows into India were in line with requirements and there were no fears of asset price bubbles in the near future. Capital goods, power and metals stocks powered the Sensex to recover nearly 170 points from its intra-day lows to end at 17,189, higher by 64 points, and the Nifty to close at 5,134,up 22 points.
Business Ideas

ArcelorMittal appoints Peter Kukielski in Group Mgmt Board

World"s largest steel-maker ArcelorMittal today announced the appointment of Peter Kukielski in the Group Management Board of the company, effective from January 1, 2010. - Posco, ArcelorMittal may get land of fert, cement cos - BofA appoints Brian Moynihan as President and CEO - It"s Destination K"taka for steel firms - Mittal"s open offer for Uttam Galva to begin on December 19 - ArcelorMittal"s open offer for Uttam Galva from Dec 19 - ArcelorMittal may slash 10,000 jobs in 2010: report The company has also appointed Du Toit Philippus F Du Toit, who is the Executive Vice President of ArcelorMittal and Head of Mining Projects and Exploration since November 2008, in Management Committee. Du Toit will report to Kukielski, who will be responsible for the Group"s global mining operations, ArcelorMittal said in a statement. "I am pleased to welcome him to the Group Management Board and I look forward to his continued contribution to the Company"s success. I also welcome Phil to our Management Committee; his inputs towards the ongoing development of our mining activities will be important," ArcelorMittal Chairman and CEO Lakshmi N Mittal said. Kukielski had joined ArcelorMittal in December 2008 as Senior Executive Vice President and Head of Mining. Prior to joining the company, Kukielski held senior positions in a number of mining companies, like Teck Resources, Noranda/Falconbridge (now Xstrata) and Rio Algom (now BHP Billiton).


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