TNM

Power Grid Corporation to Invest Rs 75.63 billion in Next Four Years

Power Grid Corporation to Invest Rs 75.63 billion in Next Four Years

Government to announce financial package for SMEs.

Ashwani KumarSmall and medium enterprises (SMEs) are all set to get government's assistance in the wake of ongoing world economic crisis. Government may offer financial help at low rates for increasing growth of small scale industry.

Women workforce in IT-BPO industry growing: Nasscom

Women workforce in IT-BPO industry growing: NasscomNumber of women workforce is rapidly increasing in Indian IT and business process outsourcing industry. It accounts for 28 per cent of the total two million workforce in 2007-08 as per data of National Association of Software and Service Companies. It stood at 24 percent in 2005-06.

Many companies have also provided the leadership roles to women in their senior management.

NVIDIA launches supercomputer in India

Tesla Personal SupercomputerNVIDIA Corporation introduced a 'Tesla Personal Supercomputer' at very attractive prices in Indian market. It would provide much higher efficiency and performance over ordinary desktop.

Tesla Personal Supercomputer can be assembled at local level and plugged into the normal power sockets for house hold use. It comes with graphics processing unit (GPU) technology which is also used by computer manufacturers such as Dell, Lenova and HP due to its efficient performance. The company has spent $500 million to develop the processor which would revamp the data processing by computer. '

Property rates may come down due to slowdown

Property rates may come down due to slowdownReal estate companies are likely to slash prices to boost demand in reality business. It is to be noted that Union Finance minister, P Chidambaram recently asked industry to slash prices so that the desired targets of industrial growth can be achieved.

Realtors seem to get the message and are expected to decide on price slash within few days. Real estate sector is facing tough situation amid ongoing world economic crisis. Home Buyers have declined in number as banks are offering home loans at high rates, which are not affordable for Indian working and business class.

Barclays Wealth launches India operations

Barclays Wealth Barclays Wealth has entered the Indian market by launching its facility in Mumbai on Wednesday. A special ceremony in this regard was attended by cricket legends Kapil Dev, Allan Border and Clive Lloyd, besides company executives.

Barclays Wealth is a leading financial services provider in the world. It would provide private client advisory, succession planning and investment services to well to do people for their wealth management.

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