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Bhupesh Bhandari: The reign of rural retail
Bhupesh Bhandari / New Delhi November 19, 2009, 0:17 IST

Disinvestment of 4 PSUs likely to be completed in two months
Disinvestment process in four public sector undertakings is likely to be completed over the next two months, a top government official said today.

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Pharma, telecom, FMCG sectors may hike pay 12% in 2010
Driven by scarcity of talent and increasing competition, India Inc is expected to hike salaries in the new year with the pharma, telecom and consumer goods companies leading the space with up to 12 per cent pay hike, global consultancy Ernst & Young (E&Y) says.
Corporate

Cabinet okays extra fund for C'wealth Games

The Union Cabinet today approved additional fund for the expeditious completion of capital"s infrastructure for the 2010 Commonwealth Games. - Emaar MGF to use over half of Rs 3,850-cr IPO to repay debt - IVRCL bags order worth Rs 523cr in Allahabad - Srei JV mulls IT, agri equipment finance foray - HC cancels Himachal hydel projects on Rel Infra plea - Bengal auto park set to start next year - Actis raises $750 mn for investment in emerging markets On a day when the Commonwealth Games Federation delegation inspected proposed venues to take stock of Delhi"s preparation for the Games, the cabinet decided to allot more money. "There are certain areas in which the organisers are lagging behind and that"s why the cabinet decided to allot some extra fund so that infrastructure is ready well in time," a source told PTI. The money is especially for the Nehru Stadium, which will host the opening and closing ceremony besides athletics, lawn bowls and weightlifting competitions and Jamia Milia Islamia, venue for rugby 7s and table tennis. The Commonwealth Games are scheduled to be held from October 3 to 14 and over 6,000 athletes from 71 countries are expected to take part in the mega event.


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