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Bhupesh Bhandari: Royal challenge
Ranibai Rajaram Chhabria, the mother of the late Manohar Rajaram ‘Manu’ Chhabria, has challenged in court the merger of Shaw Wallace with Vijay Mallya’s United Spirits, the Press Trust of India reported a few days ago. She has claimed that her son died intestate seven years ago and under Hindu Law she is entitled to a fifth of his estate, it said.

Kadak hai?
To really understand the power of execution, you need to be in the East Stand of Mumbai’s Wankhede stadium, when India is playing an opponent like Australia in a one day international. Every time Sachin Tendulkar touches the ball, an electric current passes through 60,000 spectators who let out a humungous roar of excitement. It is a zing that almost physically tries to reach out and touch this diminutive teacher’s son. A man who realizes a million dreams as he sends the ball scorching across the ropes.

News of the day

60 MLAs submit resignation to protest Telangana issue
The Centre"s decision to carve out a separate state of Telangana today created ripples in political parties in Andhra Pradesh with as many as 60 legislators and three MLCs from the Congress, TDP and Praja Rajya Party submitting their resignation to the Speaker.
Business Ideas

TCS plans to hire 11,000 this quarter

Given the potential for growth, IT major, Tata Consultancy Services (TCS), is looking at hiring 8,300 trainees and around 3,000 laterals or experienced persons in Q4 FY10, a senior company official said. - TCS firms up on stellar Q3 results - Alpha India updated - IT starts Q3 on positive note; TCS, Infy bullish - TCS Q3 net up 34% at Rs 1,824 cr - RESULTS TODAY: TCS, HDFC Bank - Results today, tomorrow: Jindal Saw, TCS, HDFC Bank "We have already employed 8,703 trainees in Q3 and expect to add 8,300 more trainees in Q4 FY10. We have also hired 3,000 laterals in Q3 and given the growth we may continue to hire in Q4 as well," TCS" Vice-President and Head (Global Human Resources) Ajoyendra Mukherjee told reporters here today. The Tata group company has also given a 150 per cent increase in variables in the current quarter. The company plans to undertake a wage revision in April, Mukherjee said. During Q3, TCS had a gross addition of 12,854 employees, which includes a net addition of 7,692. The company is also looking at 5,500 new campus hirings in FY11. "We have had significant employee additions in Q3 and have increased our talent utilisation to industry-leading levels. We remain prepared to meet the growth in demand," Mukherjee said. Clients, however, still exercise "caution" with regard to IT budgets, he said. Amidst this uncertainty, a positive pointer is that TCS has resumed hiring of fresh and experienced employees alike, he said.


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