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IIMs see better summer
Companies like Goldman Sachs, HSBC, Nomura, Standard Chartered, JPMorgan and RBS flock the campuses Banking and finance companies, whose dismal performance in late 2008 caused panic among students and faculty members of the premier Indian Institutes of Management, are making up this year with better profiles and stipends.

Credit information bureaus trip on new FDI norms
The new Foreign Direct Investment (FDI) norms, which stipulate changes in the way foreign investment in a domestic company is calculated, have put a roadblock in the path of credit information bureaus, which are eager to rope in private sector banks as investors.

News of the day

Inflation may prompt RBI to up CRR, policy rates
Zooming inflation, a build-up of inflationary pressures and cues from global markets could impel the Reserve Bank of India (RBI) to further tighten its monetary policy stance by hiking the cash reserve ratio (CRR) and policy rates, bankers said.
Corporate

No data on Muslim employees in Central govt jobs: Khurshid

The government today said it does not maintain statistics of Muslim employees in Central government services but it has data for the five minority communities as a whole. - Govt forced to defer judges assets bill - No unrestricted imports in agriculture, says Pawar - Duty-free import of raw sugar allowed till Mar 2010: Pawar - Many countries keen to sell n-reactors to India: Chavan - Pak does not cooperate in handing over Dawood, says Krishna - 150 National Highway projects face cost overruns: Nath In reply to a written question in the Rajya Sabha, Minister of State (Independent charge) of the ministry of Minority Affairs, Salman Khurshid said, "government does not maintain statistics of employment of Muslims in the Central government services". Khurshid said the data is not collected minority community wise or service wise by the DOPT but for the five minority communities as a whole. Giving these statistics, the minister said that while 12,182 minorities were recruited in ministries and departments in 2006-07, this figure stood at 12,195 in 2007-08 and 4,479 in the year 2008-09. He however, said the guidelines issued by Department of Personnel and Training (DOPT) on January 8, 2007, include instructions for monitoring the progress in recruitment of minorities in all ministries, departments, public sector enterprises, public sector banks and financial institutions.


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