INFRASTRUCTURE / Sends missive to PM to remove bottlenecks
FM frets over slack core sector growth Expressing concern over the slow down in key infrastructure sectors like steel and coal, Finance Minister P Chidambaram, on Tuesday, called for removal of production bottlenecks to boost output.
EASE OF DOING BUSINESS
India climbs up economic index India improved its ranking in providing freedom to do business in terms of personal choice and competition since it launched economic reforms in 1991 but still remains at 69 among 141 countries.
IPR ROW / Claims & counter claims
TVS Motor sends revocation copy to Bajaj Auto "As a matter of fair game, we have delivered to Bajaj Auto a copy of patent revocation application, which we had filed with the Appellate Board of Patent Office in Chennai in August," TVS counsel Lakshmi Kumaran told PTI.
SBI is likely to go for a rights issue Amid speculation over the mode of raising resources by the countrys largest lender, SBI, government on Tuesday said the bank is likely to go for rights issue to raise funds for meeting capital requirements.
Fujitsu bags big $1.5 b Flag bid Flag Telecom, undersea cable arm of Reliance Communications, on Tuesday awarded Rs 6,000 crore ($1.5 billion) contract to Japans Fujitsu for construction of Flag Next Generation Network (NGN) submarine cable.
A group of Chinese restaurant staff stage a sit-in protest at the lobby of the Full-link Plaza in Beijing on Tuesday, after the restaurant was lockout by the management. Labour disputes are increasingly common in China as a booming economy has created a cut-throat business environment. AFP
The Chief Election Commission wants to limit the number of political parties in the country. Will it be a wise move?
Deccan Herald had invited its readers to send in their opinions. Most responses favour restricting the number of political parties, as it is believed to check horse-trading and divisiveness of the nation based on region, religion and caste. Few others assert that the move will be impractical, as coalition and regional parties are now calling the shots.
