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Political hardsell shortage
Is the Doha Development Round (DDR) dead, as the anti-globalisation activists claim? Not yet, said trade ministers of the 153 member-countries of the Word Trade Organisation at the seventh Ministerial Conference at Geneva last week. They ended the Conference with a general agreement to recommence the stalled negotiations of the DDR and take it to conclusion by the end of next year. Even such broad agreement was in sharp contrast to the acrimony and bitterness that characterised the earlier failed trade talks at Cancun and Hong Kong.

Fundamentals for a new age
Sudhakar Ram, chairman, Mastek, is putting together a collaborative book.

News of the day

UP not mulling new IT policy
The Uttar Pradesh government said there was no need for a new IT policy in the state and the need of the hour was to ensure proper implementation of the 2004 IT Policy.
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Tatas to tighten mgmt grip on JLR: report

Having secured the much-needed funds for Jaguar Land Rover (JLR) without the government help, its Indian parent Tatas are now tightening their management control on the carmaker, but are unhappy over the way their request for help was handled by the UK authorities, a report said today. - Tata Motors rises on loan report - Tata Motors expects JLR funding sans UK govt guarantee - JLR gets financing facility worth 75 mn pounds - S&P downgrades Tata Motors credit ratings - JLR needs "major" cost-cuts - JLR to have light weight aliminium bodies to cut costs "Tata feels that it has not been well treated. It is one of the biggest inward investors in the UK and yet it has been made to feel like a company that would take the money and run," a report in the Sunday Times quoted one industry source as saying. "Tata executives are understood still to be fuming at how the government handled their request for assistance when the credit crunch and recession triggered a collapse in sales," the report said.


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