INDUSTRY & ECONOMY
HOTELS:
Mumbai terror: Day 2
Commando operations on at Taj, Trident. Mumbai, Nov. 27 Full 24 hours after the first shots were fired in Wednesday’s terror attacks, the battle between security forces and the terrorists continued to rage in Mumbai late Thursday at three ...
TERRORISM:
India Inc sees short-term setbacks
Mumbai, Nov. 27 The timing could not have been worse. India Inc is already coping with the fallout of the global slowdown in terms of plant shutdowns and layoffs. The terror attack in Mumbai was the proverbial last straw on the ...
HOTELS:
With agony writ large, they await word on colleagues trapped inside
HOTELS’ STAFF TRYST WITH TERROR. Mumbai, Nov. 27 Pigeons fluttered off the imposing Taj Mahal hotel, every time the sound of repeated gun-shots or blasts broke the stillness over one of Mumbai skyline’s most recognisable buildings ...
TERRORISM:
Financial markets closed; banks operate with skeleton staff
RBI carries out transactions under LAF to help maintain liquidity. Mumbai, Nov. 27 The financial capital of the country had a virtual holiday on Thursday, following the terror attacks in Mumbai. The equity, currency, bond and money markets were ...
TERRORISM:
Terror attacks may affect rupee in short term
Mumbai, Nov. 27 The terror attacks on Mumbai may have an indirect impact on the value of rupee, albeit in the short term. According to analysts, the rupee could open a tad lower on ...
REAL ESTATE & CONSTRUCTION:
A billion, brick-by-brick
From a farm worker to a construction magnate… the founder of Nagarjuna Construction shares his amazing life story.. This is the journey of a school dropout who, in a span of 40 years, has built up a billion-dollar construction company and ...
TERRORISM:
India Inc reacts strongly to Mumbai attacks
MNCs apprehensive about security environment. Nov. 27 Corporate India unanimously reacted strongly to the Mumbai attacks, even as security forces continued a pitch battle with the terrorists at the Taj and Trident hotels. The industry wanted ...
TERRORISM:
Is India’s brand image in jeopardy?
Top ad men say brand image can be resurrected but repeated attacks a setback. ‘Incredible India’, the current brand building campaign for the country, may well describe the ongoing terrorist attacks in Mumbai. While most ad men ...
TERRORISM:
The day the Taj burned
Indian Hotels yet to assess full extent of damage. Mumbai Nov. 27 For about 105 years, it stood there majestically, keeping an unwavering eye on the Arabian Sea’s eternal tryst with Mumbai. Its elaborately vaulted alabaster ceilings, grand ...
TERRORISM:
Mumbai attack: No impact on outsourcing firms’ operations
Vendors say they can move their clients’ processes to other cities. Mumbai, Nov. 27 The terrorist attack on the country’s financial capital has not impacted the services rendered by outsourcing firms as work at their delivery ...
TERRORISM:
Cry, my beloved city
Mumbai, the proverbial city of gold, is under siege, once again. How many more blows will this valiant city take before it ceases to be top-of-mind for all the wrong people and for all the wrong reasons? I recall the devastating bomb blasts ...
TERRORISM:
Markets resilient to past attacks
Terror attacks are not new to Mumbai, nor to London or New York. As Mumbai and India grapple with yet another assault, it will do well to recall that stock markets have responded with grit and resilience to such attacks in the past, refusing ...
TERRORISM:
Tourists call in to cancel travel plans
Mumbai, Nov 27 Phones rang incessantly on Thursday morning in the offices of most travel agents and hoteliers. As the face-off between the elite commandos and terrorists holed up in two of Mumbai’s five-star hotels continued through ...
TERRORISM:
Terror in the neighbourhood: Israelis under siege
It would have passed off as any other dingy lane, with a non-descript board reading ‘The Mahanagar Co-operative Bank Ltd’ at its entrance. But the army convoys, the presence of elite commando teams, the police and the hoards ...
TERRORISM:
Chronology of recent bomb attacks in India
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TERRORISM:
Terror Engulfs Mumbai
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TERRORISM:
Terror has no boundaries; cricket takes a back seat
New Delhi, Nov. 27 The terror attack was a little too close for comfort for the cricket fraternity too. Rooms had been booked at the Taj Mahal Palace and Tower, Mumbai, for the teams which would be participating in the now postponed ...
RADIO/TV:
Media cos not in favour of cross-media ownership restrictions
New Delhi, Nov. 27 In their response to TRAI’s consultation paper on cross-media ownership, the media has dismissed the need stating the diversity of the Indian population was safeguard enough from ...
TOURISM:
Foreign tourists not discouraged
New Delhi, Nov. 27 For tourists visiting India, it will be a Thanksgiving Day that they will remember for a long time. With some of them taken hostage and others caught in the terror carnage in Mumbai, overseas Governments are asking ...
TRADE & LABOUR UNIONS:
HPCL, EIL officers to keep away from strike
Delhi HC restrains officers’ body from going on indefinite stir. New Delhi, Nov. 27 The Oil Sector Officers Association (OSOA), the body of OIL PSU officers, seems to have lost the support of officers of Hindustan Petroleum Corporation Ltd ...
REAL ESTATE & CONSTRUCTION:
Totem Infra to raise funds for expansion
Hyderabad, Nov. 27 Totem Infrastructure is in the process of closing another round of funding through a consortium of private equity firms to part fund its expansion and ...
EDUCATION:
US students, researchers to start coming to India from 2009
Hyderabad, Nov. 27 Come 2009, a new trend is set to begin in Indo-US science and technology relations. It would no longer be a one-way street for students ...
FOREIGN TRADE:
International trade fair generates Rs 10,000-cr biz
New Delhi, Nov. 27 Asia’s largest trade show of its kind, the India International Trade Fair (IITF) drew to a close with the Minister of State for Commerce and Power, Mr Jairam Ramesh, underscoring the untapped trade potential among ...
TERRORISM:
When death came calling
Mumbai, Nov. 27 On Wednesday night, this Mumbai businessman thought that the sanctuary of his own house in Colaba was not sufficient to protect him and his ...
TERRORISM:
‘Clients could delay biz visits in short term’
Bangalore, Nov. 27 The terrorist attacks on Mumbai will add to the short-term woes of the Indian IT industry that’s already reeling under the impact of the global economic meltdown as risk-averse clients could delay business visits to ...
TERRORISM:
Some feel FIIs may pull out, others don’t
Kolkata, Nov. 27 Mr Amitabh Chakraborty, President (equity) of Religare, said the events would affect FII sentiment in the short-term as country’s risk perception would go ...
TOURISM:
HK tourism board launches initiative for meetings, exhibitions
New Delhi, Nov. 27 Hong Kong Tourism Board (HKTB) has announced the launch of its ‘Meetings and Exhibitions Hong Kong’ (MEHK) office in India at ...
TERRORISM:
The power of prayer
Mumbai, Nov. 27 A top executive of a multinational company, who did not wish to be identified, spoke to Business Line about his ...
ECONOMY:
Campaign on wheels by differently-abled youth for Kerala’s development
Kochi, Nov 27 As many as 30 differently-abled youths, currently undergoing job-oriented higher education, are undertaking a fortnight-long All-Kerala “Campaign on wheels” from December 3, the International Day of the Disabled, ...
TERRORISM:
More precautions
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TERRORISM:
Tracking terror
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TERRORISM:
Adani returns to safety from The Taj attack
Ahmedabad, Nov. 27 When his personal commando hurriedly called him to inform at 9.30 p.m. on Wednesday about the gunshots being fired outside The Taj Mahal Hotel in Mumbai, little did industrialist Gautam Adani realise that he would have to ...
NON-CONVENTIONAL ENERGY:
Meet focuses on role of solar power in development
There is ample scope for installation of solar lights in rural areas in northern Karnataka region, according to Mr D.B. Gore, Chief General Manager of Nabard (National Bank for Agriculture and Rural ...
HUMAN RESOURCES:
‘Lay offs, not an intelligent option’
New Delhi, Nov. 27 The global economic crisis, which is compelling companies to cut costs by retrenching their work force, was criticised by Mr Jitesh Khosla, Joint Secretary, Ministry of Corporate Affairs, Government of ...
EMPLOYMENT:
Careers abound in hospitality sector: Report
Hyderabad, Nov 27 Careers abound in the hospitality and related services space and according to independent research estimates, demand for talented and trained youth far outpaces supply, according to representatives from two of the ...
TERRORISM:
18-hour ordeal for Andhra Bank top brass
Two Directors and two General Managers of Andhra Bank were trapped in their rooms for nearly 18 hours as terrorists ran amok in the South Mumbai five-star Hotel Trident at Nariman Point late ...
TERRORISM:
Marine Commandos rescue hostages from Taj
Mumbai, Nov. 27 Marine commandoes rescued around 250 persons from Taj Hotel on Thursday morning, Capt Manohar Nambiar, Chief Public Relation Officer (Defence), Mumbai told Business ...
TERRORISM:
Security beefed up in Hyderabad
Hyderabad, Nov 27 Hyderabad, which is considered high on vulnerability to terrorist strikes, was put on high security alert, following the attacks on Mumbai’s top hotels by terrorists. The Andhra Pradesh Government has put the police on ...
BEARINGS, CASTINGS & FORGINGS:
Coimbatore foundries working at 40-50% capacity
Coimbatore, Nov. 27 The acute power shortage in Tamil Nadu and the demand recession have forced the foundry industry in the State to work at only 40-50 per cent of the capacity and nearly 20 per cent of the work force has been ...
EDUCATION:
Ms Anusha R. Mahesh, Chief Executive, Park Global School of Business Excellence, Chennai; Stella Maris College
Chennai, Nov. 27 “Do what everyone else is doing, but differently, and that will get you noticed,” said Ms Anusha R. Mahesh, Chief Executive, Park Global School of Business Excellence, ...
TERRORISM:
Oberoi damage assessment later
Hotel and tourism industry appeared to be shocked by the terrorist attacks in Mumbai. Mr S.S. Mukherji, Managing Director of Oberoi Hotels, told Business Line that at this moment we are not assessing impact of ...
FOREIGN DIRECT INVESTMENT:
`FDI inflows to remain robust'
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