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Archive for the 'News' Category

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iGate CEO Hits Out At IT Majors – Vouches For Results Based Billing, NOT Time or Labour Based

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The IT industry billing model is being challenged by a former Infosys Ltd executive Mr. Phaneesh Murthy, by charging for results instead of basing fees on the time and labour put in by the huge staff working for India’s big firms. According to him, Outcomes-based billing, which is growing as a share of revenue all […]

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Rail Budget 2013 – 100 New Trains Including AC Double Deckers; 4200 New Coaches

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The Railway Ministry has proposed to launch 100 new trains in the coming Railway Budget 2013-2014 including AC double deckers, new passenger services, as well as extension of services to meet the requirements and needs of the various states. According to reports, the announcement for the manufacturing of 4200 new coaches including 600 LHB coaches […]

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“Food Track” 130 Delhi Metro Stations to get IRCTC Food kiosks


Quality snacks and delicacies will now be made available to the passengers travelling on Delhi Metro. The mini-ratna company under Ministry of Railways in collaboration with the Delhi metro is all set to open its food stall ‘Food Track’ at 130 Metro Stations. The kiosks will get opened up in a phased manner starting with […]

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India Budget 2013 Expectations From McAfee Software

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McAfee Software has put forward a list of four key expectations from Union Budget 2013 – 2014 in India: There is a need for a clear-cut understanding around treating software as goods (subject to VAT) or as service (and subject to service tax). Minimum Alternate Tax levied on SEZs that severely affecting foreign investments in […]

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Gartner Appoints Mankiran Chowhan As The Company’s New India Head

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Global technology research and advisory firm Gartner, Inc. has appointed Mankiran Chowhan as the Regional vice president and Country Manager Sales for Gartner India as the company continues to grows its research and events business. Prior to this appointment, she has been in various individual contributor and management roles across Gartner sales since 2003. Her responsibilities […]

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Binani Industries To Sell 40% Stake In Cement Business

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Binani Industries is in talks to divest up to 40% stake in Binani Cement, its subsidiary, with financial investors like JP Morgan and other Middle- East state owned funds to raise its capital by reducing debts and expanding cement capacities. According to sources, Braj Binani Group’s banker, Ernst & Young (E&Y) has already started preliminary […]

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“Tycoon Express” Entrepreneurship Programme for students by Ticketgoose and TiE Chennai

A student entrepreneur initiative programme ‘Tycoon Express’ has been launched by ticketgoose.com in collaboration with TiE, Chennai. India’s leading online bus ticket booking pioneer, Ticketgoose.com announced the launch of this program as a part of its Young Entrepreneur Skill Development Programme. This workshop which will be conducted by well-known industry leaders will aim to educate […]

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5 Years Integrated Course Launched By IIM Indore; Join IIM After Class 12

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A 5 year integrated Post Graduate Diploma Programme in Management has been launched by IIM Indore. This is for the very first time that IIM Indore has launched an under graduate level programme. The last date for the receipt of applications for the course is April 10, 2013. IIM Indore is among one of the […]

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