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IT companies are now roping in HR firms for ‘outplacement services’ to help workers, who have been asked to leave, to find new jobs. - [Read more]

With a 300-million mobile subscriber base and 100 million additions a year, India is set to see a mobile marketing explosion, experts say. - [Read more]

Planning Commission deputy chairman Montek Singh Ahluwalia Thursday said a 9-10 per cent growth rate was achievable by India in the medium term, while the economy would log around 8 per cent growth in the current fiscal. - [Read more]

Petroleum Minister Murli Deora today ruled out any immediate cut in fuel prices, saying international prices will have to fall further to trigger a retail price reduction. - [Read more]

The US-based discount retail chain My Dollar Store (MDS), which started off in India rather "unsuccessfully" with a franchise model, may revert to the same, but with a twist in the gambit this time around. - [Read more]

About 20 of the 56 suppliers for Tata Motors’ Nano, who have been allotted land at Singur, have started construction of their plants at the suppliers’ park , some of them in advanced stages of completion. - [Read more]

Ever since the 1980s, company-sponsored defined benefit pension plans, which essentially guarantee steady income during the golden years, have been going the way of the dodo bird. Defined contribution plans like IRAs or 401(k)s, by contrast, are now the retirement vehicles of choice. - [Read more]

Leading state-run miner, National Mineral Development Corp, has raised prices of iron ore fines sold under long-term contract to domestic clients by 47.5 per cent, a company official said on Monday. - [Read more]

The cashier counts the currency notes carefully, makes an entry in the passbook and hands it over to the waiting customer through a tiny window. But this is no ordinary bank - as both the cashier and consumer are actually street children. - [Read more]

West Bengal Chief Minister Buddhadeb Bhattacharjee Sunday said no extra land was acquired from farmers for the Tata Motors small car unit in Singur. - [Read more]

Tata Motors Nano factory in West Bengals Singur area stayed closed Monday, its third back-to-back manday lost, with the company stating that the situation was not conducive to resuming work. - [Read more]

German Chancellor Angela Merkel was Wednesday named the worlds most powerful woman by Forbes Magazine, putting her at the top of the prestigious list for the third year in a row.` - [Read more]

They are better known for their business acumen but people like cola queen Indra Nooyi, legendary investor Warren Buffett and tech tycoon Steve Jobs have now made it to a list of top executive icons with distinctive fashion sense. - [Read more]

Nortel Networks is selling its stake in Sasken Communication Technologies Ltd to Sundaram BNP Paribas, a newspaper report said on Wednesday. - [Read more]