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Cool head in Eden
As with all the bad news from Iraq and Af-Pak, sooner or later the bad news on the climate acquires a stultifying sameness. Only when a surge is in sight — troop surge, storm surge — does one’s news radar jolt awake momentarily. The cause of this deadened state is not an unassimilable surfeit of information, rather, it is a shortage of the right sort of information. Despite the barrage of news and opinion, we don’t know enough to figure out what the right questions are. Without that foundation, our knowledge rests on a bog, into which it is liable to settle with a gentle burp or two of greenhouse gas (or, hot air).

Maha realty to cost more with new ready reckoner
Builders feel move may hinder development.

News of the day

Gap-down opening for Nifty seen
The Nifty on Friday closed above the resistance level of 5,060 to keep the current bull run moving. The index, however, is expected to face resistance above the 5,100 level next week. The SGX Nifty futures was down by over 50 points over the official close of 5,077 in the over-the-counter (OTC) session on Friday. The US and European markets closed more or less in a Doji pattern, indicating indecisiveness among participants. If this weakness continues, then we may see a gap-down opening on Monday.
Business Ideas

LG to invest Rs 25 cr in home appliances category

Consumer durables major LG Electronics today said it will invest Rs 25 crore in promotional activities of its home appliances during the festive season, as it targets a 30 per cent share in the segment by next year. - Srei JV mulls IT, agri equipment finance foray - Two human rights activists held - Anti-vulgar salary slogan finds support outside industry - Heaviest flood in more than 100 years - Villgro to host B-plan contest for rural growth - Police nab Mahato & Gandhi, miss Kishenji The company also announced its entry into the air purifier category, besides launching a slew of other products, including new models of refrigerators, microwaves, vaccum cleaners and washing machines for the festival season. "The key focus of the brand is to address the evolving consumer needs and take the Rs 12,500-crore Indian home appliances industry to a level of outstanding functionality, high performance and revolutionary designs," LG Electronics Managing Director Moon B Shin said in a statement. Shin said the company will invest Rs 25 crore on the marketing and promotional activities of its home appliances segment during the festive season. The company, which currently has a 27 per cent share in the home appliances market, said it plans to increase it to 30 per cent by next year. Commenting on the launch of air purifiers, Shin said, "Addressing the consumer needs amidst global environmental change and mounting health associated diseases we have introduced the air purifier category in India and comes with a powerful sterilisation system." Besides, the company launched four models of refrigerator and microwaves among others.


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