The Indian economy may be growing up at a fast clip but it’s not lifting all boats equally. Management consultancy firm Hay Group has put out a new report that the wage gap between managers and clerks is increasing in India. The pay gap multiple between managers and clerks in India is 7.4 in 2007. […]
Reliance – Anil Dhirubhai Ambani Group’s BigFlicks.com entertainment web site has gone live (albeit in alpha mode i.e. a kind of test version). BigFlicks’ selection of Indian entertainment content is supposed to include Bollywood and Indian regional movies, TV programs, movie songs and music videos. Currently, the content is mostly a sparse selection of Hindi, Telugu […]
Domino’s Pizza is expanding in India big time. The pizza chain, which opened its first Indian store in 1996 and has 156 outlets now, wants to have 500 outlets by 2010-11. The U.S. Pizza company plans to invest Rs 350 crore to support its expansion, reports ET. Domino’s India is looking at an additional 60 […]
Bollywood star Sanjay Dutt is most likely headed back to his father-in-law’s place on September 27. Now out on bail, Sanjay Dutt will have to return to his father-in-law’s place once he is served with a copy of the judgment (readers of Rabindranath Tagore’s fine story Kabuliwallah will recognize that father-in-law’s home is an euphemism for jail). Sanjay […]
Taiwanese PC vendor Acer is acquiring Gateway for $710 million in stock ($1.90 per share) in a deal that should mean more difficult times ahead for struggling computer company Dell. The merger would lead to a company with $15 billion in annual sales and 20 million PCs shipped. Acer intends to retain the Gateway brand […]
Indian business house Tata is interested in buying Jaguar and Land Rover, two disasters that struggling U.S. auto maker Ford is looking to jettison. Apparently, Tata Motors is looking to expand beyond India, which now accounts for the overwhelming majority of its sales. Hence its interest in Jaguar and Land Rover. Jaguar and Land Rover are […]