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D Ravi Kanth: Doha drifts again
We sail within a vast sphere, ever drifting in uncertainty, driven from end to end,” is what the G20 leaders conveyed to their trade negotiators at the Pittsburgh summit last Friday. Like the previous two summits in Washington and London respectively, the latest event under the leadership of President Barak Obama failed to provide any clear direction on how to end the comatose Doha Development Agenda trade negotiations.

XLRI gets Rs 5 lakh highest offer for global summer intern
The summer internship placements at XLRI School of Business and Human Resources, Jamshedpur, concluded with the entire batch of 240 students of the 2009-2011 batch being placed in reputed Indian and international firms. The presence of some of the biggest names in the various sectors indicated that good times are back, giving XLRI an optimistic outlook for the impending final placements of the batch of 2008-2010.

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Cos raises over Rs 14,000 cr in upbeat mkt
Seven companies, including Reliance Industries and JP Associates, have raised over Rs 14,000 crore by way of treasury stock sale, private placements and bond issues in the second quarter of this fiscal.
Business Ideas

IBM launches new model for mid-sized clients

Information Technology major IBM today launched a new infrastructure service model targeting Small and Medium Businesses (SMB) in Tier-II and Tier-III cities. - IBM targets Gujarat SMEs for SMSR, Cognos Express - IBM targets Gujarat SMEs for SMSR, Cognos Express - IBM and ISB Partner to Create Research "Collaboratory' for Service Science - Govt to create Rs 150 cr IT facilities for small units - HealthHiway gets $4 mn investment - Mahindra Satyam says it"s chasing 30 large deals Under this model, it will appoint channel partners all over India to sell IBM’s infrastructure services to clients in areas of Green IT, security, business continuity, improved collaboration and communication. IBM today appointed channel partners in Lucknow and Kanpur to service such clients. This model has already been tested and put in action as a pilot project on an ‘ongoing basis.’ IBM Vice-President (strategy & business development) South Asia Sanjiv Pande told Business Standard, “We have initially identified three places, Lucknow-Kanpur, Vizag and Jaipur for this model.” Almost 60 per cent of IBM business in the country comes from SMB segment.


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