Day-long strike hits life in WB, Kerala
By Contrarian
Published: September 7, 2010
New Delhi: Workers affiliated to central trade unions on Tuesday went on a day-long industrial strike across the country to protest against price rise, alleged violation of labour laws and disinvestment in PSUs disrupting normal life in Left-ruled West Bengal and Kerala. Elsewhere, life remained unaffected by the strike which comes two months after a nation-wide bandh called by BJP and Left parties against the UPA Government’s economic policies and the spiralling prices. Workers from sectors including coal, power, telecom, banks, insurance, defence, port and dock, road transport, petroleum and construction are participating in the countrywide strike under the banner of AITUC, CITU, HMS, AIUTUC, TUCC, AICCTU, UTUC and Congress-affiliated INTUC
PM warns China wants foothold in South Asia
By Contrarian
Published: September 7, 2010
New Delhi: China is seeking to expand its influence in South Asia at India’s expense, Prime Minister Manmohan Singh warned in rare public criticism of his country’s rival for regional resources and geopolitical clout. Singh’s comments follow repeated diplomatic sparring between the two Asian powers in the last two years, reflecting growing friction over their disputed borders and roles as emerging global powers despite bilateral trade that has grown 30-fold since 2000. “China would like to have a foothold in South Asia and we have to reflect on this reality,” Singh was quoted as saying by The Times of India on Tuesday.
For Foreign Institutional Investors, DTC is a cause for worry
By guestposter
Published: September 7, 2010
For Foreign Institutional Investors, DTC is a cause for worryThe Direct Taxes Code, which was recently tabled in the Parliament has as one of its noble objectives, reducing the uncertainty and litigation for the foreign investors.
Corruption has social acceptance
By Contrarian
Published: September 7, 2010
New Delhi: Pratyush Sinha retired as India’s central vigilance commissioner on Monday. During his tenure Sinha, a 1969 Bihar cadre IAS officer, conducted several high-profile investigations such as the ones into the allocation of 2G mobile phone spectrum and preparations for the Commonwealth Games (CWG), among others
PM differs with SC on food issue, asks it not to make policy
By Contrarian
Published: September 7, 2010
New Delhi: A week after the Supreme Court ordered the government to distribute food free to the poor rather than let it rot, Prime Minister Manmohan Singh lightly ticked off the apex court on Monday when he told a meeting of editors that the judiciary should not get into “the realm of policy formulation”.
Army chief in Lanka on three-day tour
By Contrarian
Published: September 7, 2010
New Delhi: Indian Army chief General V.K Singh began a three-day visit to SriLanka on Monday to enhance defence cooperation that had cooled during the island-nation’s bloody civil war in the face of domestic opposition.
The Mint Report for 06 September 2010
By Contrarian
Published: September 7, 2010
India’s auto industry will hit top speeds as Japan’s Suzuki Motors looks to build its first factory near New Delhi, with a production capacity of more than 250,000 vehicles per year and joining its wildly successful Indian arm, Maruti Suzuki. Loading video Billionaire Anil Ambani’s Reliance Communications ended talks with GTL Infrastructure and misses out on forming a telecomm partnership worth billions
Brokers encourage clients to trade in SME stocks
By guestposter
Published: September 7, 2010
Brokers encourage clients to trade in SME stocksBrokers are encouraging clients to trade more in these share categories by cutting funding costs and pushing short-term trading strategies.
Making security simple
By Contrarian
Published: September 7, 2010
New Delhi: Homeland security is gaining a centre stage with terror attacks and internal conflicts like Naxalism and stone pelters of Jammu & Kashmir. Also, matter of securing lives of the citizens, providing security cover to important institutions and pulling up a safety net in the cyber world have made the matter more crucial
Infosys, TCS to bag deals worth $ 1 billion from ABN
By guestposter
Published: September 6, 2010
Infosys, TCS to bag deals worth $ 1 billion from ABNThe original contract signed by ABN Amro in 2005 was worth $2 bn, spread over 5 yrs, and had five vendors – TCS, Infosys, Patni, IBM and Accenture.
