Kerala to recruit 6,000 police constables

Thiruvananthapuram: Kerala Home Minister Kodiyeri Balakrishnan Friday announced a number of steps to modernise the state`s police force including recruitment of nearly 6,000 constables by September. "Apart from this, another 1,007 vacancies in the India Reserve Battalion will also be filled up. Kerala recently got the sanction for this. The Kerala State Public Service Commission is finishing the formalities for the selection process to both," Balakrishnan told reporters here. The minister...
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Pakistan raises bounty on Fazlullah tenfold

Islamabad: Reinforcing the belief that Swat Taliban commander Maulana Fazlullah is still alive, the Pakistani government Friday raised the bounty on his head tenfold to a staggering Rs.50 million ($617,000). Making the announcement in Karachi, Interior Minister Rehman Malik held Fazlullah directly responsible for a mass exodus that has seen some 2.9 million civilians fleeing the military`s operations in Swat and two other districts of the North West Frontier Province (NWFP), The News said. ...
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8 amusing facts about your home loan

A loan agreement is the document that lays out the terms and conditions of the lender. It also informs the lender of the borrower`s consent. It is very important to read what you sign for that very reason. Be informed before you agree. The agreement could be the last thing you want to read. The miniscule font size alone is a turn off. Add to that, too many asterisks, and more than ample number of sections. So, even if reading the document seems to be a mind-numbing task, you have to get it do...
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Job cuts at Maytas Infra

Maytas Infra, the listed company promoted by the family of Satyam founder B Ramalinga Raju, is looking to rationalise its employee strength. Consequently, there would be some job cuts and inductions. To this effect, Maytas board on Thursday reviewed the HR policies of the company to take stock of the situation. "There will be some job cuts and inductions in the company," a company executive said, but declined to reveal the numbers. Maytas board, chaired by government-appointed member K...
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Australia racial attacks: Angry Indian students demand action

Anger is mounting among Indian students in Australia in the wake of the recent assaults that left a youth from the community battling for life after being stabbed and another badly burnt following a petrol bomb attack. The Federation of Indian Student Association in Victoria said that they have been receiving non-stop calls to hold rallies and protest shows in Melbourne against the spate of attacks on Indian youths. However, it was too early to hold such rallies as both Indian and Australian...
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India logged 6.7 percent growth in fiscal 2009

New Delhi: India registered an impressive 6.7 percent growth in fiscal 2008-09, despite the deepest economic crisis facing the global economy in six decades, official data showed Friday. Albeit lower than the 9 percent growth in gross domestic product (GDP) registered in 2007-08, the expansion in the current fiscal has been on the upper side of between 6-7 percent that was predicted by the government in the wake of the global slowdown. "This shows resilience of the Indian economy against ...
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Dell suffers a 63 percent dip in earnings..!!

Dell has reported a drop in its sales by 23 percent and earnings by 63 percent in the first quarter of fiscal 2009. It`s a real setback to the investors who were expecting the sales to increase in this quarter. In the past few months, investors pushed the shares of Dell higher in extended trading, partly on hope that companies will replace their aging fleets of PCs as Microsoft introduces its Windows 7 operating system, the successor to its poorly received Windows Vista software, which many comp...
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Tech startups proceed cautiously to weather the storm...!!

The startup companies are trying to survive the recession tide as they know a bright future awaits the survivors. "Recession makes a startup to pause and have a look around and proceed. Recession prepares a startup for a better future. If a startup does well in the recessionary times it is bound to achieve greater success in the future," says Maheedhar, Co-Founder and CEO of Lytecube technologies. It can be said that few sectors have not been affected by recession. Indian mobile operators co...
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India will maintain export volumes at $160 billion: Anand Sharma

New Delhi: India will maintain its exports at $160 billion for this current fiscal, as steps will be unveiled in the upcoming budget and the trade policy review to help the sector, Commerce and Industry Minister Anand Sharma said here Friday. He also said that India was ready to ink a host of pacts, including a free trade agreement with the Association of Southeast Asian Nations (ASEAN) and economic cooperation agreements with South Korea and Nepal. "We will shortly approach the cabinet o...
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H1B restrictions would choke U.S. of talent: Azim Premji

Wipro`s executive chairman, Azim Premji has warned that a proposal to restrict hiring holders of H1B visas for skilled workers will choke America of talent coming in and could generate a trade war with countries such as India. "In my opinion it`s a very drastic initiative," he said in an interview with BusinessWeek, referring to a bill in the U.S. Senate basically preventing firms from hiring H1Bs in the U.S. or bringing in holders of L1 visas for semi-skilled workers. "It will choke the ...
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