The Securities and Exchange Board of India, on Thursday said that short term selling is not a cause of market meltdown. SEBI Chairman futher added that it would not stop short selling as a regulator at this point of time.
BJP’s senior leader and NDA’s Prime Ministerial candidate, L.K. Advani stressed the need to take hard steps for country’s economic growth. He warned that India can face meltdown, causing large scale lay-offs following the impact of the global slowdown. India needs stern actions and willpower to bring the situation to normal level. He was speaking in a meeting with top corporate leaders to discuss impact of global slowdown.
Mark Robinson has been appointed as a New CEO of Citi south Asia, replacing Sanjay Nayar, who is taking charge of Indian operations of world's leading buyout firm; Kohlberg Kravis Roberts & Co (KKR). Nayar was heading the Indian operations since 2002.
KKR is interested to expand its base in India in private equity, infrastructure, mezzanine and distressed funds. It has already invested over $1 billion in the Flextronics International and Bharti Infratel, the telecom tower arm of Bharti Airtel.
The Union Government has announced a huge pay hike for executives and non-unionized supervisors of Central Public Sector Enterprises (CPSEs). They had earlier threatened to start agitation in case the government failed to meet their demands. The revised pay hike would be effective from January 1, 2007. PSU officers would also be entitled to get performance related incentives besides two to three fold increase in basic pay and allowances.
For the past few years, BlackBerry, a phone and an Email device could be found clipped to the belts of high-powered professionals. However, it seems that the same device is not working for the company anymore, with iPhone picking up bigger market share.
The latest MOTO VE66 phone that has enhanced CrystalTalk audio technology has been announced by Motorola. The new phone has many exciting features like a 5-megapixel camera, MP3 player-like navigation, crisp images and an amazing audio experience. The slider set also has the first widgets integration that offers users seamless access to favorites like sports scores, stock tickers or RSS feeds.
The Securities and Exchange Board of India, on Thursday said that short term selling is not a cause of market meltdown. SEBI Chairman futher added that it would not stop short selling as a regulator at this point of time. 
BJP’s senior leader and NDA’s Prime Ministerial candidate, L.K. Advani stressed the need to take hard steps for country’s economic growth. He warned that India can face meltdown, causing large scale lay-offs following the impact of the global slowdown. India needs stern actions and willpower to bring the situation to normal level. He was speaking in a meeting with top corporate leaders to discuss impact of global slowdown. 
Mark Robinson has been appointed as a New CEO of Citi south Asia, replacing Sanjay Nayar, who is taking charge of Indian operations of world's leading buyout firm; Kohlberg Kravis Roberts & Co (KKR). Nayar was heading the Indian operations since 2002. 
For the past few years, BlackBerry, a phone and an Email device could be found clipped to the belts of high-powered professionals. However, it seems that the same device is not working for the company anymore, with iPhone picking up bigger market share. 
The latest MOTO VE66 phone that has enhanced CrystalTalk audio technology has been announced by Motorola. The new phone has many exciting features like a 5-megapixel camera, MP3 player-like navigation, crisp images and an amazing audio experience. The slider set also has the first widgets integration that offers users seamless access to favorites like sports scores, stock tickers or RSS feeds. 
