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11 Cong MPs from Telangana decide to quit
Eleven Congress MPs from Telangana today decided to resign from the House in protest against the Centre"s decision that appeared to put the separate state issue on the backburner.

Honda redeploys F-1 'warriors' for victory in fuel efficiency
Honda Motor Co’s withdrawal from Formula One racing in December to save money may give it an advantage over rivals: fresh blood from an elite cadre of engineers to improve its Civic compacts and Odyssey minivans.

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The year that was...
The year 2009 saw the industry combating the shadows of global slowdown. A year full of challenges, which kick-started with the Vibrant Gujarat summit, was also a blessing in disguise in some cases especially with pharma companies returning homewards to Gujarat or brain drain from the reputed insitutes like IITs and IIMs being contained for the time being. While acquisitions and mergers gained some momentum in the later half of 2009, some of the special economic zone projects were hit. Companies responded with more innovative solutions while waking up to newer challenges. Problems in land acquisitions continue to remain although the process has been far more peaceful in Gujarat as compared to other states. This can be guaged from the fact that the first Nano by Tata Motors at Sanand got ready this year
Business Ideas

New Satyam chargesheet: Khurshid says court to decide

Amid reports that the Satyam accounting fraud could be as high as Rs 14,000 crore, nearly double of what was confessed by its founder B Ramalinga Raju, the government today remained tight-lipped and said the real amount would be brought before the court of law. - Won"t revisit cases handled by arrested CLB member: Govt - CBI files second chargesheet in Satyam scam - Price Waterhouse auditor moves SC, seeks bail - CBI files memo in Satyam case - SFIO to begin probe into Satyam soon: Khurshid - Govt asks SFIO to start prosecution in Satyam case "Let"s hope everything that has to be placed before the court is done for the purpose of proving criminal culpability; which ultimately has to be proved in the court. Let me not say something that will weaken our case or help the other side," Corporate Affairs Minister Salman Khurshid said when asked whether the scam could be worth Rs 14,000 crore. Industry sources, however, said the purported amount of Rs 14,000 crore is an overall amount expected to have been lost by investors in the stock market and will have no bearing on the financial health of the company. The minister further said that it is unfair to comment on a matter that is subjudice. "I think we should leave to the investigating agencies. Whatever they discover, they will take action on it, so we must trust them. One must neither speculate, nor close any possibilities... The court must take a view and we must not take a public view," Khurshid added. The CBI had filed a second chargesheet yesterday in the multi-crore Satyam scam against its founder chairman B Ramalinga Raju, and others, including the recently arrested internal auditor V S Prabhakar Gupta.


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