India GDP to sag, says S&P India's economic growth would slow down to 8.1-8.6 per cent in 2008 in the face of Reserve Bank of Indias strict measures to contain inflation, global rating agency S&P said on Wednesday.
122 FIRMS SEE THEIR BUSINESS HEADS MOVING OUT
CEO exits mark the Asia Pacific marquee Asia-Pacific may rank low when it comes to being home to world's 500 biggest companies, but the region has seen highest rate of CEO departures among 500 global corporate giants, a new study reveals.
Grasim sells stake in Digvijay to Cimpor Grasim Industries, country's third-biggest cement producer, on Wednesday, announced its plans to sell its stake in a unit to Cimpor-Cimentos de Portugal SGPS SA, Portugal's biggest maker of the building material, for a consideration of US$ 82 million.
Tata tipped to take Ford's Jaguar, Rover Tata Motors has the edge in the bidding for Ford Motor's Jaguar and Land Rover brands because of its size, its dealmaking record and its familiarity with the UK market, bankers and analysts say.
Nokia plans $75 m spend in Chennai unit Nokia, on Wednesday, announced in Chennai, fresh investments to the tune of $75 million in its manufacturing plant in Sriperumbudur, Chennai, for the year 2008.
The Centre's proposal to introduce one year compulsory rural service for doctors has drawn the ire of medical students. Are the doctors justified in their stand? What should the government do to make rural posting attractive?
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