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275 mn 3G subscribers in India by '13: Evalueserve
With the availability of the 3G spectrum, about 275 million Indian subscribers will use 3G-enabled services, and the number of 3G-enabled handsets will reach close to 395 million by 2013-end, estimates the latest report by Evalueserve, a provider of knowledge process outsourcing (KPO) services.

Novartis gains on plans of Alcon buy
Novartis has ended the day at Rs 572, stronger by Rs 14 or 2.6%, on the BSE.

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'Challenges are more external than domestic'
The year 2010 will start on a promising note as we have held on to the gains of 2009, even if it means consolidating for the first few months of the year, says Sundaresan Naganath, chief investment officer at DSP Blackrock mutual fund. After having worked with Credit Suisse Asset Management New York and Merrill Lynch Asset Management Hong Kong, Naganath oversees some of the best performing funds such as DSP Blackrock Equity and DSP Blackrock Top 100. In an interview with Vandana and Neha Pandey, he says challenges that markets face are more external than domestic. Excerpts:
Business Ideas

Suvrat Saigal is Barclays' Consumer Banking Director

Barclays today appointed Suvrat Saigal as Consumer Banking Director, Global retail and commercial banking (GRCB) India. - Emaar MGF to use over half of Rs 3,850-cr IPO to repay debt - CIT said to weigh financing from Citigroup, Barclays - Barclays in talks to buy Citi"s assets in Portugal: report - Global recovery to be stronger than expected: Barclays - OPIC provides $250 mn to Citi for MF lending - Citi"s Tom King quits, likely to join Barclays: report Prior to joining Barclays, Suvrat held various senior positions with Citigroup for 19 years across Australia, the Asia Pacific region including Japan, USA, Singapore and India, a press release said. Most recently, he was the head of strategy, marketing and customer experience at Citibank Australia. Based in Mumbai, GRCB India has presence in five other cities New Delhi, Nelamangala, Kanchipuram, Junagarh and Ahmednagar. It has over 900,000 customers in India.


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