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Cost benefits will drive firms to seek environment sustainability
As energy costs rise ahead of inflation, awareness of potential impact of climate changes increases among organisation’s stakeholders. By 2014, strategies of at least two-thirds of organisations will exploit or risk-mitigate environmental sustainability, according to Gartner Inc, an information technology research and advisory company.

Silicon Valley 'bloodbath' leaves entire office buildings empty
Silicon Valley is beset by the biggest office property glut since the dot-com bust, leaving the US technology hub with empty high-rises and office parks that make it impossible for landlords to sustain average rents.

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Grupo Mexico's $1.6-bn bid rivals Vedanta's offer
Competing with Vedanta Resources, Grupo Mexico has come up with a $1.6 billion reorganisation programme for regaining control of its bankrupt firm, Asarco.
Public Relations

Letters: Double standards

With the BJP now negotiating with Shibu Soren to form a government in Jharkhand, with Soren as the chief minister, one wonders what happens to all the statements the party made in Parliament and outside it about Soren. - Power firms Keen to set up plants in uttar pradesh - AV Rajwade: The imminent food crisis">AV Rajwade: The imminent food crisis - Buddha meets PM - Expect moderate returns in - Fresh bids for Rs 130-cr Ganga cruise project in mid-Jan 2010 - Sunil Jain: Continuing to dial disasters">Sunil Jain: Continuing to dial disasters The party’s constant refrain was that Soren was tainted, and so he should not be part of the UPA. Obviously that stand was for public consumption and now that the party is sensing it is close to some sort of victory, it is adopting a very different stance. It is unfortunate that the decision to form a government in Jharkhand, no matter what, was taken by the new BJP chief Nitin Gadkari in consultation with his predecessor Rajnath Singh. Sameer Gulati, New Delhi Readers should write to: The Editor, Business Standard, Nehru House, 4, Bahadur Shah Zafar Marg, New Delhi 110 002, Fax: (011) 23720201; letters@bsmail.in


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