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Retail recovery still some time away
The retail sector in Kolkata has adopted a wait and watch situation with retailers still wary of what lies ahead. What started as a big set-back for the retail industry in end-2008 with several malls and retailers shutting shop, the year 2009 was particularly bad for the industry with several cancellations of booked spaces and deferment of sanctioned projects.

Gas row: Govt says NTPC deal not the same as pvt accord
Government today filed its affidavit in the Supreme Court on the ongoing gas row between the Ambani brothers saying that the arrangement for public sector NTPC cannot be equated with any agreement between RIL and RNRL.

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Mercedes-Benz India launches luxury bus
Automobile maker Mercedes-Benz India today launched its multi-axle luxury bus at a price of Rs 85 lakh in the domestic market.
International Business

Bangalore varsity to get institute of excellence

A consortium would be established for the development of an institute of excellence in science and biotechnology at the Bangalore University campus. - ISRO to map tea gardens in to improve yield - Madhavan Nair takes over as President of IAA - IIT-K to launch nano satellite by Dec - Isro set to use indigenously developed cryogenic engine for GSLV launch - C&C Construction in talks with hotel chains for Mohali prop - M"rashtra wants Centre to amend CRZ for infra projects This was agreed to today by the Indian Space Research Organisation, Indian Institute of Science, Institute for Social and Economic Change, Raman Research Institute, National Institute of Advanced Studies, Indian Institute of Astrophysics, National Aerospace Laboratories, Centre for Liquid Crystal Research, BEL Research Laboratory, National Centre for Biological Sciences, Central Manufacturing Technology Institute, Indian Veterinary Research Institute and Bangalore University. The consortium unanimously agreed to pool infrastructure and faculty and to participate in various academic programmes to be started with launching of a BS course in Bangalore University. All consortium members agreed to the idea of starting a central instrumentation facility in the Bangalore university campus with state-of-the-art equipment, Bangalore University’s Vice-Chancellor N Prabhu Dev said in a statement. The facility is expected to cost Rs 20 crore. Equipment like electron microscope, DNA sequencer, NMR spectrometer and equipment for astrophysics and aerospace would be purchased for the new centre.


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