Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

'We've handled crisis much better than anyone else in the world'
Rakesh Mohan, who was appointed Deputy Governor of the Reserve Bank of India in September 2002, moved to North Block two years later as secretary, department of economic affairs, during P Chidambaram’s tenure as Finance Minister, only to return to RBI after eight months. Mohan, who is taking retirement from the central bank seven months before his tenure is due to end, will take up a professorial appointment at Stanford University from June 15. In this interview, he spoke on a range of issues about the challenges he faced during his stint at the central bank and the journey from handling the real economy sectors to monetary economics. Edited excerpts:

Some of these won't work
China/Africa: Chinese growing investment in sub-Saharan Africa is both a huge global development and a short-term bubble. Both sides will benefit, but there may need to be some pain first. In 2008, China’s $106.8 billion bilateral trade with sub-Saharan Africa made it the region’s largest trading partner, surpassing the US’s $104.6 billion. The Africa-China trade is close to balanced, while Africa’s exports to the US, mostly raw materials, are worth five times as much as its imports.

News of the day

DIPP bats for higher FDI cap in broadcasting sector
In a move aimed at rationalising foreign direct investment (FDI) in various areas of the broadcasting sector, the Department of Industrial Policy and Promotion (DIPP) has proposed to increase the FDI cap for direct-to-home (DTH) services, uplinking hubs, teleport services and FM radio.
Small Business

Edserv bags contract worth Rs 100cr

Education and placement company Edserv Softsystems today said it has bagged an order worth Rs 100 crore from the government for providing training to unemployed and under-employed youth across India. - EdServ to invest Rs 20 cr in school education sector - Edserv Softsystems hits 5% upper circuit - Edserv Softsystems lists 8.33% down at Rs 55 on BSE The company has been awarded the order as Associate Training Provider from Apex Hitech Institute, part of Ministry of Labour and Employment, government of India to provide Modular Employable Skills (MES) training, the Chennai-based company said in a filing to the Bombay Stock Exchange. "With our wide network of over 250 partner centres that is growing on a daily basis, we are confident of training the target segment pan India to take part in the government"s objective to provide employability status to the downtrodden," EdServ CEO S Giridharan said. Apex Hitech Institute, set up with assistance from the World Bank under Directorate General of Employment and Training, aims to provide training to youth, it said. Edserv would also be involved in guiding and helping these trained and certified students with relevant employment opportunities, the company said. The company estimates to generate revenues of around Rs 100 crore in the next 12-18 months by training around 3 lakh people, it said. Shares of Edserv Softsystems reacted positively and surged to hit their year-high level of Rs 166.70, up nearly five per cent on the BSE.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009