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  • Jobs top priority as UGC sets target 2022 for all institutes
    on May 23, 2018 at 6:06 pm

    NEW DELHI: Amid unemployment concerns, the University Grants Commission is set to instruct every higher education institute to ensure at least 50% of those graduating get access to a job, self-employment or get to pursue higher education, and that two-thirds of the students are engaged in ‘socially productive activities’ while studying. UGC is expected to approve in its meeting on May 24 a set of targets and objectives for all higher education institutes that must be achieved by […]

  • UGC enlists universities in the battle to solve India's job woes
    on May 23, 2018 at 6:06 pm

    NEW DELHI: Amid unemployment concerns, the University Grants Commission is set to instruct every higher education institute to ensure at least 50% of those graduating get access to a job, self-employment or get to pursue higher education, and that two-thirds of the students are engaged in ‘socially productive activities’ while studying. UGC is expected to approve in its meeting on May 24 a set of targets and objectives for all higher education institutes that must be achieved by […]

  • Truncated Fortis Board to consider all previous bids
    on May 23, 2018 at 5:50 pm

    NEW DELHI: The truncated board of directors of Fortis Healthcare met on Wednesday, after four directors either resigned or were voted out, to initiate the process for considering all the bids that were submitted earlier for the hospital chain, said two people familiar with the development. If the board decides to re-examine the bids, it would render infructuous the May 10 decision to recommend the Munjal-Burmans bid to shareholders for approval. The board is likely to consider all proposals […]

  • Truncated Fortis Board to consider all previous bids
    on May 23, 2018 at 5:50 pm

    NEW DELHI: The truncated board of directors of Fortis Healthcare met on Wednesday, after four directors either resigned or were voted out, to initiate the process for considering all the bids that were submitted earlier for the hospital chain, said two people familiar with the development. If the board decides to re-examine the bids, it would render infructuous the May 10 decision to recommend the Munjal-Burmans bid to shareholders for approval. The board is likely to consider all proposals […]

  • Who has a better grasp of the multipolar world order: Modi or the media?
    on May 23, 2018 at 5:46 pm

    A powwow in Wuhan. A tête-à-tête in Sochi. In between, a dash to Berlin, a meeting with Emmanuel Macron, and telephone chats with Donald Trump. Prime Minister Narendra Modi has been on a diplomatic overdrive. Journalists, analysts and retired diplomats have been busy trying to make sense of it all. Cutting out the style and show part of it — and with Modi, there is lots of that — it would seem the substance has been about making sense of a new world order, an […]

  • Retro Karnataka charges irk green power companies
    on May 23, 2018 at 5:26 pm

    Renewable energy developers in Karnataka are agitated over an order passed by the state power regulator imposing “transmission and wheeling charges” on them retrospectively — on solar projects from end-March 2017, on wind projects from October 2013 and on mini hydel projects from January 2015. This applies, however, only to “open access” transmission — those selling power directly to a corporate entity, and not to a state utility. They claim that earlier […]

  • Whistleblower writes to Sebi against Infosys
    on May 23, 2018 at 5:23 pm

    A whistleblower has written to market regulator Sebi complaining against Infosys and alleged that IT major's current chairman Nandan Nilekani had failed to uphold the highest standards of corporate governance practised earlier by the IT major.In a letter to the Securities and Exchange Board of India (Sebi), the whistleblower said Infosys had "quietly revealed", in its annual report, that it had signed agreements for mutual release of claims with three directors, including former Chairman R […]

  • Has China just rescued Pakistan from seeking IMF assistance yet again?
    on May 23, 2018 at 3:35 pm

    Pakistan has turned to its all-weather ally China for help in averting a foreign currency crisis, borrowing USD 1 billion from Chinese banks in April on "good, competitive rates", according to a media report today.In an interview with The Financial Times, the State Bank of Pakistan Governor Tariq Bajwa confirmed the loans were made by Beijing-backed banks on good rates. "The money strengthens the financial, political and military ties between the two countries," the top Pakistani banker was […]

  • Hot summer spells cooler times for AC makers; top stks to buy
    on May 23, 2018 at 10:07 am

    64286023 64284670 64285483 NEW DELHI: Mercury is rising, and chances are your stock portfolio may turn cooler this season! There are expectations that demand for air conditioners will pick up this year after a forgettable 2017-18. Along with a scorching summer, rising disposable income and improving lifestyle are at play. The air conditioner industry had a tough time in FY18. Output took a hit because of a host of disruptions such as GST transition, a modest festive season, change in […]

  • Premium cars grow at 25%, entry-level cars 7%; it tells a story
    on May 23, 2018 at 10:05 am

    Whenever countries move from 30% urbanisation rate to 40%, per capita income has jumped significantly, followed by growth in consumption ability. There is a clear trend towards premiumisation of consumption, points out Jitendra Gohil, Head, India Equity Research, Credit Suisse Wealth.Edited excerpts: What have you found out about the premiumisation trend in consumption and individual investment?If a person moves from village to urban areas, his consumption pattern changes. His thinking pattern […]

  • Former finance minister Yashwant Sinha quits BJP, says democracy in danger
    on April 21, 2018 at 8:06 am

    Former Union Minister Yashwant Sinha, who has been at loggerheads with the party leadership in recent years, announced on Saturday that he is quitting BJP. "Today I am taking 'sanyas' from any kind of party politics, today I am ending all ties with the BJP," Sinha while addressing the first meeting of Rashtra Manch, founded by him.Sinha said democratic institutions were being undermined under the NDA regime and vowed to work for the protection of democracy in the country. He said that though he […]

  • MahaRERA slaps penalty on 8 Mumbai Builders for violation of rules
    on March 13, 2018 at 5:28 pm

    MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has slapped penalty of Rs 2 lakh to Rs 10 lakh on 8 builders in Mumbai for advertising real estate project without mentioning the authority’s website address and advertising a non-registered project. MahaRERA has taken this action on Suo-Motu basis.Of the 8 realty developers, builder Tridhatu Morya has been fined Rs 10 lakh for advertising a non-registered project. Rest of the 7 builders including Sumit Group, The Wadhwa […]

  • Meet the Amit Shah of China: How a professor-turned-politician powers Xi Jinping
    on March 12, 2018 at 9:02 am

    Now that a constitutional amendment abolishes presidential term limits, it has become possible for China's president Xi Jinping to rule as long as he lives. China's shift from a collective rule indicates how it prizes Xi who has articulated the ambition of China becoming the world leader by displacing the US. Xi has turned China from an inward nation to a country focused on winning the world. Behind Xi's ideological offensive is brainy professor-turned-politician Wang Huning who has guided two […]

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