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Popular Articles

Coimbatore units more open to equity tie-ups
Entrepreneurs in this traditional town of family- managed companies, popularly known as the Manchester of south India, are now more open to entering into equity collaborations with both domestic and international partners.

Web exclusive: Inclusive growth in the financial sector
There is unanimity in thinking among the intelligentsia that if India is to become an economic power, growth has to be inclusive and touch the lives of millions of people living in rural India. It is heartening to note that the Government is conscious of the fact and has taken unique steps to which will go a long way in alleviating the sufferings of poor people.

News of the day

To encourage the others
Googlephone: The Googlephone is coming. Google is escalating its effort to upend the mobile market by introducing a phone it has designed and which is currently being tested on its pointy-headed employees. The search giant"s interest in selling it without operator subsidies means the device probably won"t be a huge hit. But the handset is an important showpiece for the company"s mobile operating system.
Small Business

MTNL Chairman Sinha quits, mum on reason

In a surprise development, telecom PSU MTNL"s Chairman and Managing Director R S P Sinha has resigned from the post. - IDBI in talks to buy private bank">IDBI in talks to buy private bank - Three slots to be auctioned for 3G licence - Sell-off in BSNL likely soon: Sam Pitroda - BSNL selloff likely soon, no BSNL-MTNL merger: Pitroda">BSNL selloff likely soon, no BSNL-MTNL merger: Pitroda - DoT again seeks Pranab"s help on 3G spectrum issue - Govt gets nod to offload 10% in BSNL "Yes, I have put in my papers," Sinha told PTI but did not speak about the reasons for stepping down. Sinha was on an ad-hoc extension after completing his five-year tenure in September last year. However, he is 18 months away from superannuation. The resignation comes amid a debate over the falling revenues and financial performance of the corporation which is also engaged in a legal battle for buying equipments from Motorola 10 years ago. At the time of the signing of the equipment contract, Sinha was Director (Finance) with MTNL, which has operations in Delhi and Mumbai. According to sources, Sinha who went to attend MTNL"s Board meeting yesterday received a call from Telecom Secretary P J Thomas asking him to step down, and then he left the venue even before the meeting started.


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