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IT majors make 408 offers at Osmania
IT majors — Tata Consultancy Services (TCS), Infosys, Wipro Technologies and Cognizant Technology Solutions — have made 408 job offers to the students of Osmania University College of Engineering (OUCE) during the "premium company recruitment drive" that ended on December 31.

'New York' sets the cash registers ringing
Yash Raj films" New York, which released worldwide on June 26, has grossed Rs 35 crore in its three day first weekend.

News of the day

Onus on states to check FDI violations in retail
The Ministry of Commerce & Industry has put the onus of monitoring any violation by companies that have been allowed foreign direct investment (FDI) in the retail sector on state governments. It has directed them to create a “suitable mechanism” to hold periodic scrutiny against violation of Foreign Exchange Management Act (FEMA).
Management

Future Group expands menu; to set up hotels in next 6 mths

Kishore Biyani-led Future Group is planning entry into hotel business and may set up the first one in the next six months. - Future Value Retail to start functioning from Jan 1 - 2009: Organised retail feels recession pangs - Even as sales recover, retailers continue working on costs - Future Group to bring financial service businesses under JV - Pantalooon Retail raises Rs 500 cr via QIBs - "Take loan, will grow" model led to Vishal"s big fall "We will set up hotels in the Indian style where people can get indigenous food," Future Group Chairman Kishore Biyani said at a conference here. The first hotel will come up in Raipur within the next six months, he said. The Group also plans to set up consumer and entrepreneur training schools and the first among them would come up in Mumbai"s outskirts. "We will start three-four consumer and entrepreneur training schools in the country within a time span of 6-8 months. The first among them will come up in the outskirts of Mumbai. Our plan is to implement an innovative model of training in these schools," Biyani said.


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