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HC orders status quo on properties of Ranbaxy's ex-patriarch
A status quo on “title and possession” is to be maintained on four properties that were owned by the late patriarch of the Ranbaxy family, Bhai Mohan Singh, and his wife, according to an order of the High Court here. Further proceedings will be taken up in March 2010.

Hindutva party?
The BJP has often rubbished its critics who said reciting Vande Mataram was a non-secular act. Ironical then, that at a recent function organised by the BJP, the emcee was the only one who got the stanzas mixed up. All chartered accountants at the function on the direct taxes code organised by the BJP managed to sing the song in the correct order. After the first stanza, however, the emcee jumped to the last stanza while the audience continued to sing it in the correct order.

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Bollywood eyes private equity as banks go slow
EXIM Bank and IDBI are said to be cautious while financing films, prompting producers to tap PE players and investors like the Dar Capital group.
Small Business

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. - L&T Infotech sharpens focus on consulting business - Trinamool looks to up its tally in Cabinet - 'We are certainly mulling large acquisitions' Savvion is a leading business process management company. The BPM marketsize figure is estimated to reach $2.6 billion globally by 2011. The partnership expands upon L&T Infotech"s Business-to-IT Connect that provides cutting-edge solutions and services to clients across multiple continents. Savvion Business Process Management Systems (BPMS) enable organisations to operate more competitively and cost-efficiently. With Savvion BPM, organisations are able to become more efficient, gain better visibility into their operations and more agility to respond to changing business conditions quickly, the release said. BPM is a management approach focused on aligning all aspects of an organisation with the needs and wants of clients. It is a holistic management approach that promotes business efficiency and effectiveness while striving for innovation, flexibility, and integration with technology. BPM attempts to improve processes continuously and enables organisations to be more efficient, more effective and more capable of change than a functionally-focused, traditional hierarchical management approach. L&T Infotech"s CEO, Sudip Banerjee sais, "This partnership is in line with our constant endeavour to provide added value to our clients. Our offerings on BPM platform such as Savvion gives our clients the IT agility needed to keep pace with rapid business change." L&T Infotech is a wholly-owned subsidiary of Larsen & Toubro.


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