Maruti to bid adieu to M-800 from April Feb 13, 2010
According to government guidelines, beginning April 2010, car makers will be allowed to sell only Euro IV compliant vehicles in the four metros and 9 other cities including Bangalore, Hyderabad, Pune, Ahmedabad, Agra and Surat. The rest of the country will move from the Euro III to Euro IV norms in 2015-16, so till then the Maruti 800 can be sold throughout India. (India Times)
Iconic Maruti 800 set to drive into history in 13 cities Feb 12, 2010
The cities where BSIV norms will set in from April 2010 are Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Pune, Kanpur, Ahmedabad, Surat and Agra. Other cities will come under BSIII norms, making it possible for the company to sell the cars. (India Times)
Residential property prices may rise by 10 per cent: Cushman Feb 12, 2010
He said other cities like Pune and Bangalore as well as the National Capital Region (NCR) witnessed moderate to sharp rise in prices in the residential segment. Also Read. (India Times)
Realty cos lose workers to services sector Feb 12, 2010
BANGALORE: Real estate firms are feeling the pinch of skilled and unskilled labour shortage as infrastructure growth picks up and workers get tapped by retail and other service-oriented industries ... In Bangalore alone, the shortfall in people with slightly more advanced skills in the real estate segment including infrastructure creation and minor repair and maintenance projects both residential and commercial is expected to be of the order of 50,000 workers ... It is difficult to find... (India Times)
Food brands and retailers: Private labels get branded push Feb 12, 2010
BANGALORE: The next time you reach out for a store brand of noodles at Reliance Fresh or Aditya Birla Retails More, turn the pack over, you may be suprised to learn that it is manufactured by the makers of Top Ramen. As private labels edge out greater shelf space for themselves across retail chains, the undercurrent battle between food brands and retailers continues to simmer. (India Times)
Tony White, regional GM, Gloria Jean's Coffees Feb 12, 2010
We have grown to a presence of nine stores across Mumbai, Bangalore, Hyderabad and Chennai ... What is the progress on your roasting facility in Bangalore on stream. (India Times)
Wipro offers 100% recyclable computers Feb 11, 2010
00004000 BANGALORE: Information technology services corporation Wipro Infotech has claimed to be the first Indian company to build a 100 per cent recyclable and toxin-free computer, and joins a small group of manufacturers worldwide who have developed toxic-free electronics. According to the company, the eco-friendly Wipro Greenware desktops are completely free from harmful chemicals such as polyvinyl chloride (PVC) and brominated flame retardants (BFRs). (India Times)
Investors bet money on for-profit social enterprises Feb 11, 2010
BANGALORE: In Sindhudurg, on the coast of Maharashtra, the Fernandez family, which relies on fishing as the main source of income, is sprucing up its home, Rosary House, in anticipation of guests from the city. There wont be room service, but for Rs 500 a night, the beach-front property will offer direct access to the sea along untrammeled stretches of the Konkan coast. (India Times)
IBM, Accenture beef up analytics Feb 11, 2010
IBM had announced in November the setting up of a high-end business analytics and optimisation centre in Bangalore. The company now says analytics and business transformation consulting will be a key offering from India in four of its verticals banking, telecom, healthcare and retail. (India Times)
Airlines begin hiring pilots, crew Feb 10, 2010
BANGALORE: After a year of turbulence, the aviation sector is now seeing a resurgence in hiring. Last year, during the peak of the downturn, the industry witnessed scenes of tears and mass protests by cabin crew personnel and pilots, as the sector went on a layoff spree. (India Times)
Mantri to roll out six townships Feb 10, 2010
BANGALORE: To meet the growing demand for mid-range apartments, Mantri Developers plans to roll out six integrated residential township projects comprising 30,000 units across Chennai, Bangalore and Hyderabad ... Mantri also plans to launch four new projects in Bangalore to address the mid-income segment in the next six months, Mr Mantri said ... Demand for apartments in the Rs 30-40 lakh range is expected to spurt by 10-15% in Bangalore alone, he said. (India Times)
Currency fluctuation a major concern: Infosys Feb 10, 2010
BANGALORE: Infosys CEO and MD Krish Gopalakrishnan said that currency fluctuation is a major concern for the company presently. Infosys stocks were trading flat at the BSE.. (India Times)
India divided over Bt Brinjal Feb 9, 2010
At the meetings in Kolkata, Bhubaneswar, Hyderabad and Bangalore there was vociferous opposition. However small groups of farmers have said they are in favour of Bt Brinjal if it assures less dependence on pesticides. (India Times)
AB Minacs buys tech solutions firm Feb 9, 2010
BANGALORE: Aditya Birla Minacs, the BPO company and part of the AV Birla Group, has acquired the Bangalore-based technology solutions provider Radifinity. The two-year old company, incubated at the NS Raghavan Centre for Entrepreneurial Learning (NSRCEL ), IIM-Bangalore , provides technology solutions in areas such as radio frequency identification, smart cards, GPS and GPRS. The value of the acquisition could not be ascertained ... Aditya Birla Minacs, the BPO company and part of the AV Birla... (India Times)
More routes for Qatar Feb 9, 2010
The announcement comes a month after Qatar Airways revealed its new routes for 2010 and just days after the airline confirmed it will begin daily non-stop services between Doha and Bengaluru, formerly known as Bangalore, from February 22 to mark the airlines 11th Indian destination. Beginning March 30, Qatar Airways adds Copenhagen to its European network with four flights a week, non-stop from Doha, the airlines operational hub. (iAfrica.com)
IBM launches powerful new server Feb 9, 2010
BANGALORE: IBM on Monday launched globally its next generation Power server, the server that caters to that intermediary (Unix) segment between the powerful mainframe computers and the lower end X86 based servers, and on which a lot of corporate Indias applications run. Called Power7, the server is said to be a big leap over Power6 that came in 2007. (India Times)
Laterals at IIMs show perked-up hiring Feb 8, 2010
At IIM Bangalore, the lateral placements began in the third week of December last year and will continue till February 15. The institute has new recruiters from sectors like retail, infrastructure and hospitality. (India Times)
FB hopes to touch 400m fan following Feb 8, 2010
BANGALORE: It was a slow starter but now it sits pretty at the top of the heap of social networking sites, packed with addictive applications, interactive menus, entertaining games, online activities and hundreds of fun-filled quizzes and tricks. Facebook celebrated its sixth birthday on Thursday and expects to reach a fan following of 400 million this week. (India Times)
Kumar Urban to raise $800 mn Feb 8, 2010
Jain also said the company plans to raise a total of USD 800 million next fiscal by diluting stakes in various SPVs created to execute residential and commercial projects across Mumbai, Pune and Bangalore. "We are currently developing projects spanning over 3.6 million sqft area in these cities and will soon be launching 12 more projects over 15 million sqft area," he said. (India Times)
Tier I cities most preferred residential investment options Feb 7, 2010
"In the NCR, Gurgaon provides a wide range of options from premium housing to mid-income residential projects as far as pricing and connectivity is concerned. Northern Bangalore holds good potential, primarily due to the airport at Devanahalli and the surrounding infrastructure development like Bellary Road widening, express highway and proposed high speed monorail. In Chennai, the southern and western peripherals of the city are witnessing significant residential developments. As for Hyderabad,... (India Times)
Bt Brinjal exposes serious regulatory lapses Feb 6, 2010
Ramesh has announced that he would present his findings to the prime minister shortly following the last of the seven consultation meetings due in Bangalore on February 6. Ramesh came up with the device of public consultations on October 15, 2009, just a day after the regulator in his ministry, the Genetic Engineering Approval Committee (GEAC), had given its go-ahead to the commercial cultivation of Bt brinjal. (India Times)
Mango sells products to Qualcomm Feb 6, 2010
BANGALORE: In a sign that India's software product space is coming of age, a small Bangalore start-up Mango Technologies has sold two of its software products to Qualcomm, one of the world's largest wireless semiconductor companies ... In a sign that India's software product space is coming of age, a small Bangalore start-up - Mango Technologies - has sold two of its software products to Qualcomm, one of the world's largest wireless semiconductor companies. (India Times)
Uttarakhand bans Bt Brinjal Feb 6, 2010
The final consultation meeting as part of the public hearings in seven cities convened by Environment Minister Jairam Ramesh is set to be held in Bangalore on Saturday ... The Bangalore meeting is likely to be stormy with pro-commercialisation and opponents gearing up to make themselves heard. (India Times)
Global cos come calling for talent Feb 5, 2010
BANGALORE: India is fast gaining the distinction of becoming one of the world's largest talent incubators. While multinational corporations have been regularly placing some of their best brains in their global system for a while, the search for talent among these global enterprises is now gathering pace. (India Times)
Infosys goes slow on promotions Feb 4, 2010
BANGALORE: Infosys Technologies plans to continue with its iRACE programme under which the companys staff are required to wait longer for their promotions, so that only professionals with proven managerial skills can lead project teams. The new HR initiative iRACE (Infosys Role and Career) was introduced by the company last year. (India Times)
Wipro Technologies to now offer promotions Feb 4, 2010
BANGALORE: Close on the heels of announcing salary hikes, the countrys third-largest IT services exporter, Wipro Technologies, is likely to go ahead with promotions in April. And expectations are that the promotions this year would be much more broad-based unlike those in 2009. (India Times)
Shoprite calls off JV with Nirmal lifestyle Feb 4, 2010
Curently, Wal-Mart has a cash and carry JV with the Bharti group while Metro AG of Germany is already operating in Bangalore. Globally, Shoprite today has 705 corporate outlets that include supermarkets, hypermarkets, fresh produce distribution centres, furniture outlets, house and home stores and fast food outlets. (India Times)
Cisco to double headcount by 2012 Feb 4, 2010
We have presence in over 100 cities with sales offices in New Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata and Hyderabad. As our business is growing, we would require skilled manpower to fuel the growth, he said. (India Times)
Gen Y entrepreneurs bet big on clean-tech innovations Feb 3, 2010
BANGALORE: It is not everyday that a young consultant at McKinsey ne of the worlds largest management consultancy firms, trades in a job at the firms Seattle office for the rough and tumble of business in rural India. But that is just what John Howard did when he launched Duron Energy, a renewable energy company that 00004000 has just started sales of solar-powered plug and play devices for lighting and battery recharges in villages across Karnataka and Uttar Pradesh. (India Times)
India made fighter plane Tejas gets Rs 8000 crore more Feb 3, 2010
BANGALORE: What Tejas wants, Tejas gets. The much-delayed Light Combat Aircraft (LCA) programme will get an additional funding of Rs 8,000 crore. (India Times)
Text of President Obama's remarks Feb 3, 2010
So why don't we work together to transform our schools, so that every child in America can compete with their counterparts around the world, from Beijing to Bangalore. Let's work together to upgrade our community colleges, which are the gateway to a career for so many children from so many working families. (Boston Globe)
Should India allow the cultivation of genetically modified crops? Feb 3, 2010
"No decision has been taken on commercial genetically modified brinjal so far in view of ongoing public hearings being completed so far in six cities. "On February 7, I will hold a meeting in Bangalore on the issue and by February 10, I will take a final decision whether the GM food should be commercially produced," Ramesh told reporters here. The Minister, who has so far held meetings in Kolkata, Bhubaneswar, Hyderabad, Nagpur, Ahmedabad and Chandigarh has been met with strong opposition from... (India Times)
IT cos hot pick among grads Feb 3, 2010
BANGALORE: Technology is back with a bang on the campuses ... At BMS College of Engineering, Bangalore 550 of the 900 students who are passing out this year have already been placed and offered salaries ranging between Rs 4 lakh and Rs 7 ... Symbiosis Institute of Business Management (SIBM)s Bangalore dean Pankaj Gupta said earlier that IT companies were not favourite on BSchool campuses but the trend is changing and students prefer to join IT firms. (India Times)
Titan Ind: Volume game to bring in rewards Feb 3, 2010
Headquartered in Bangalore, Titan Industries stock has been buzzing at the Dalal Street ahead of its December quarter results. It made its yearly high of Rs 1,740 on the NSE on Tuesday. (India Times)
Realty prices in Indian cities Feb 2, 2010
A residential apartment in Mahalaxmi was leased at a monthly rental value of Rs 1,50,000 per month. The apartment, admeasuring 1,495 square feet (approximately), is situated in a mid-segment residential project in this location and is within the prevalent rental range in Central Mumbai for mid-segment apartments (Rs 1,25,000-2,75,000 per month). (India Times)
India beefs up security in border areas Feb 2, 2010
BANGALORE: Defence Minister A K Antony on Tuesday said security in all border areas, including Arunachal Pradesh, was being strengthened to meet any eventuality or threat. "We are strengthening security apparatus on all borders across land, sea and air to meet any eventuality or threat," he said. (India Times)
'Value homes' to drive Sobha's revenue growth Feb 2, 2010
Bangalore-based realty player Sobha Developers has gained 9% on the bourses in the past one month on expectations of good results ... A revival in the realty sector has added to investor confidence, though the trend took more time to become visible in Bangalore than in Mumbai. (India Times)
RSS takes on Sena, puts BJP in a spot Feb 1, 2010
BJP president Nitin Gadkari, who is in Bangalore, declined to be drawn into a discussion on the perceived divergent views on the migrants issue between RSS and Shiv Sena, saying, "I'll first study and verify the statement (of Bhagwat) before reacting.". A Sena MP, who preferred anonymity, said, "If the BJP subscribes to Bhagwat's line, then the Sena will have to rethink its ties with the BJP.". (India Times)
Actis to sell stake in Nilgiris Dairy Farm Feb 1, 2010
Nilgiris also has a dairy located in the heart of Bangalore, which some of the investors want to shift. The differences between Actis and the Mudaliar family arose over the money realised from the sale of Nilgiris non-core business, transfer of franchisees and the method of tabling its rights issue. (India Times)
Daredevils, Royals promoters look to offload stakes Feb 1, 2010
In the auction, Vijay Mallyas UB group had won the franchise for Bangalore at $111. 6 million, Mukesh Ambani, the owner of Reliance Industries, got the one for Mumbai at $112 million while Deccan Chronicle won the franchise for Hyderabad team at $107 million. (India Times)
'I never compared Modi to Gandhi' Jan 31, 2010
BANGALORE: BJP President Nitin Gadkari on Sunday denied making a direct comparison between Gujarat Chief Minister Narendra Modi and Mahatma Gandhi. "I never compared Modi to Mahatma Gandhi," Gadkari told reporters here, asserting that there were video clippings of his speech to prove it. (India Times)
Marriott to hire 3K by 2010 end Jan 31, 2010
It is developing around 7 new properties in places including Chennai, Pune, Bangalore and Chandigarh ... It is developing around 7 new properties in places including Chennai, Pune, Bangalore and Chandigarh. (India Times)
Obama's jobs policy will hurt US MNCs most Jan 31, 2010
In early 2009, the president had promised to remove the so-called tax breaks that led businesses to favour Bangalore over Buffalo. Never mind the two places are as disparate as they come but the catchy headline did generate plenty of questions and debate in both geographies when the remarks first surfaced. (India Times)
Dabbawallas to figure on Harvard menu Jan 31, 2010
BANGALORE: The dabbawallas of Mumbai are literally going places ... Well give the confirmation next week and the case study will be released in March in a big way, Manish Tripathi, a dabbawalla visiting Bangalore told STOI. Nine months ago, a HBS professor from Boston came to Mumbai. (India Times)
Egypt to add more flights from India Jan 31, 2010
As part of its plan for more tourists, it is looking at adding flights, including from Chennai, Hyderabad and Bangalore. At present, only Egypt Air is operating flights between the two countries, flying thrice a week from Mumbai. (India Times)
Wipro hikes salaries, others may follow suit Jan 30, 2010
BANGALORE: The smiles are back in Silicon Plateau. Wipro has just handed out salary increments to all its employees. (India Times)
AAI seeks cash for giving up big airports Jan 30, 2010
NEW DELHI: Airports Authority of India, the countrys largest airport operator, has decided to seek compensation from the government for the revenue loss suffered due to closure of commercial operations at two of its money spinning airports in Hyderabad and Bangalore ... The governments decision to shut commercial operations at the Hyderabad and Bangalore airports has resulted in a revenue loss of Rs 300 crore, a senior AAI official, who did not wish to be identified, told ET, adding... (India Times)
Indian companies unfazed by Obama's anti-outsourcing call Jan 30, 2010
BANGALORE: A day after US President Barack Obama reiterated his plans for creating new jobs, amid rising double-digit unemployment in the US, Indias nearly $60-billion outsourcing industry remained hopeful that its top export market will continue to grow with more companies seeking to cut costs by outsourcing work to low-cost locations ... Its a tax code that says you should pay lower taxes, if you create a job in Bangalore, India, than if you create one in Buffalo, New York, Mr Obama... (India Times)
CAT scores may count for less this year Jan 30, 2010
IIM-Bangalore, meanwhile, has gone the Ahmedabad way. The Bangalore B-school has done away with group discussion and expects candidates to be prepared for essay writing, something that IIM-A started in 2007 ... IIM-Bangalore: No GD and case study discussion this year. (India Times)
Wipro launches green desktops Jan 29, 2010
BANGALORE: Wipro Infotech, IT business arm of Wipro, on Thursday said that it has launched eco-friendly Wipro Greenware desktops. Anand Sankaran, senior vice-president and business head, India usiness, Wipro said that out of its our annual desktop production of two lakh units, greenware would be 15-20. (India Times)
Rise of a serial entrepreneur with each new venture Jan 29, 2010
Sitting in his office at Residency Road in Bangalore, the man who made flying affordable to Indians is now talking about Deccan 360 with the same passion ... Prof K Kumar, under whom several start-ups are being incubated at IIM Bangalore, maintains that the risk-taking ability of a serial entrepreneur rises with each new venture. (India Times)
'India ops won't be impacted' Jan 28, 2010
"The Indian operations are not impacted (by the US recall) and the cars that we sell here are safe," Sandeep Singh, Deputy MD at the company's Indian subsidiary, Toyota Kirloskar Motors, told TOI from Bangalore ... While the Camry is imported to India from Japan, the company assembles the Corolla sedan at its factory near Bangalore. (India Times)
Sania Mirza's engagement called off Jan 28, 2010
BANGALORE: Sania Mirza hasn't had the best of starts to the 2010 season - on and off court. A broken service game is one thing, but a broken engagement or a broken heart, is quite another. (India Times)
India to launch 'Chandrayaan-2' by '13 Jan 28, 2010
BANGALORE: Indian Space Research Organization (ISRO) Chief K Radhakrishnan on Wednesday said the configuration for the new moon mission 'Chandrayaan-2' is being finalised and added that it would be launched by 2013. Chandrayaan-2, which will be a joint effort between ISRO and Russia, will consist of a lander and a rover for a soft land on moon. (India Times)
McCann to split Mumbai office Jan 27, 2010
When asked if the creation of McCann One and McCann Two is a precursor to similar such plans in the future for other offices, Joshi said there are no such plans for Delhi and Bangalore ... Parallelly, Namrata Nandan, presently the group business director at McCann Mumbai, is moving to Bangalore to head the branch. (India Times)
ISRO tests third biggest rocket motor Jan 26, 2010
BANGALORE: Indian Space Research Organisation has successfully tested the third biggest solid rocket motor in the world after the booster rocket of Nasa's space shuttle and Arianespace's Ariane-5 launch vehicle. The ISRO rocket motor is 22 metres long and 3. (India Times)
British Airways mark India's 60th Republic with special offer Jan 26, 2010
The premier British carrier, which has been flying to India for 80 years, currently operates 45 flights a week from London to Mumbai, Delhi, Chennai, Bangalore and Hyderabad. Read business stories in. (India Times)
AirAsia to fly to 5 major Indian cities Jan 26, 2010
The new cities are Bangalore, Chennai, Hyderabad, New Delhi and Mumbai. AirAsia already flies from its Kuala Lumpur base to Kochi, Kolkata, Trichy and Trivandrum. (India Times)
Watching Crystals Grow Provides Clues to Making Smoother, Defect-Free Thin Films Jan 25, 2010
The paper's co-authors are former postdoctoral associate Rajesh Ganapathy, now a faculty member at the Jawaharlal Nehru Centre for Advanced Scientific Research in Bangalore, India, and Sharon Gerbode and Mark Buckley, both graduate students. The work was funded by King Abdullah University of Science and Technology, the Cornell Center for Materials Research, the National Science Foundation and the Cornell Nanoscale Science and Technology Facility. (Science Daily)
Sick PSUs told to list land banks Jan 25, 2010
BRPSE had identified PSUs such as ITI Bangalore, Hindustan Machine Tools (HMT), Hindustan Photofilms, National Textile Corporation and Fertilisers and Chemicals Travancore (FACT) in Cochin, where there was surplus land available for disposal. The government is looking to big bang divestment in PSEs to raise resources to meet the high expenditure on social schemes while simultaneously also keeping the fiscal deficit under control. (India Times)
Gaming works in real world Jan 24, 2010
But Vikram Agarwal, a businessman in Bangalore, has found innovative uses of applying gaming concepts in real-time business. Agarwals pet peeve was his marketing team who travelled constantly and considered emails their worst enemies. (India Times)
Travelling artworks help investors Jan 24, 2010
Bangalore, New Delhi, Mumbai, Kolkata, and Chennai have become a part of the art circuit ... For instance, a retrospective of artist Surya Prakash began in Hyderabad and has already traversed Mumbai and New Delhi, and will soon arrive in Bangalore, before moving on to Munich, London and New York ... Similarly, to mark the 75th birthday of Sakti Burman, a show of limited edition serigraphs will be held in Mumbai, Bangalore, Chennai, New Delhi and Kolkata. (India Times)
Easy travel with CouchSurfing.com Jan 23, 2010
It's been more then 15 years since Priyanka Bhattacharya, a freelance beauty writer and editor based in Bangalore, last heard of Dana Dickie. The two were pen pals through their growing years in school. (India Times, India)
Wipro plans to axe 85 jobs in Finland Jan 22, 2010
BANGALORE: Wipro Technologies, Indias third largest IT services exporter, is planning to reduce its headcount in Finland by around 85 people and has begun negotiations with the employee representatives. In a statement , Wipro Technologies said: After carefully considering all possible options, the company has decided to enter into a negotiation process with the employees given the challenging industry situation in telecom R. (India Times)
DLF nixes mall plans, offloads Bangalore property Jan 22, 2010
BANGALORE: DLF has sold its 15-acre property in a posh Bangalore suburb after plunging footfalls and poor margins nixed the companys plans for a large-scale mall in the locality ... DLF currently has over 500 acres land in Bangalore spread over Rajapura , Bannerghatta and Magadi ... DLF has also repositioned its high-end residential project Westend Heights in Bangalore into mid-income homes to drive volumes. (India Times)