India's Eau de Cologne and Europe's Stench

[Friday, February 10, 2006]
Europe's business and political establishment has been shocked by the unsolicited $24 billion bid by Indian-owned giant Mittal Steel for its European rival Arcelor. Ashutosh Sheshabalaya describes what he sees as the Europeans’ self-defeating protectionist instinct. For a proper response, he drafted an imaginary speech that Mr. Mittal should deliver to the shareholders of Arcelor. » READ MORE..
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IIT alumnus donates $1.5 million to institute

Citigroup's retired senior vice chairman Victor Menezes on Wednesday donated $1.5 million to the Indian Institute of Technology, Bombay, for building a world-class convention centre. Menezes, who graduated from IIT, Bombay, in 1970, has pledged a total $3 million to the institute. "IIT gave me priceless education and this is a small way to say thank you," said Menezes, who has been a long-time and consistent supporter of IIT, Bombay, and is co-chairman of Heritage Fund, the institute's alumni fund. » READ MORE..
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Olswang advises first ever Indian company AIM IPO

[Tuesday, 13 December 2005]
Great Eastern Energy Corporation Ltd (GEECL or the Company), a company incorporated to explore, develop, distribute and market Coal Bed Methane (CBM) in India, will today be the first Indian company to list on AIM. Emphasising the strong economic links between the UK and India, GEECL's admission to AIM is a sign of the developing financial landscape. While not listed in India, listing on AIM will raise the company's profile, allow access to capital markets and diversify its investor base. » READ MORE..
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Bill Gates on his fourth visit to India has lauded the IITs for doing a terrific job

[ Wednesday, December 07, 2005 ]
Bill Gates responded by saying that in the sectors that Microsoft operates, India has a great advantage with its huge English-speaking population and great institutions like IITs. "China has not done even a tiny bit on the lines of what Infosys and Wipro have achieved," added Gates. » READ MORE..
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IITs rated third best in world

[MONDAY, OCTOBER 10, 2005 10:10:55 AM]
LONDON: The Indian Institutes of Technology (IITs) have been ranked the third best technology universities in the world for 2005, according to the prestigious Times Higher Education Supplement (THES). The publication, which is highly respected and read in the world of academia, said: "Our peer review of the world's top technology universities shows that in 2004, the high praise for the Indian Institutes of Technology was no fluke. "Up to third position in 2005 from fourth place last year, the IITs are a source of Indian national pride as well as innovation and wealth" » READ MORE..
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Plan to migrate to UK? Here's how

[MONDAY, OCTOBER 10, 2005]

The British government has announced proposals to introduce a new managed migration system as part of its five-year strategy to make migration work for Britain.

In a statement dated September 5, 2005, the Home Office, CBI and TUC issued a joint commitment to support managed migration in the interests of the UK economy. The statement says: The United Kingdom has a proud tradition of welcoming newcomers to its shores. Now more than ever we need the skills and enthusiasm of people from around the world who have chosen to make their homes here and to contribute to our economy and society.

The major proposal is to establish five tiers under which individuals may come to the UK.

The Tiers are as follows:

Tier 1: Highly skilled individuals to contribute to growth and productivity
Tier 2: Skilled workers with a job offer; and workers to meet specific overseas requirements
Tier 3: Limited number of workers to fill low skills shortages
Tier 4: Students for increasing exports and improving the education sector for the UK
Tier 5: Other temporary categories including visiting workers, selected development

schemes and youth mobility/cultural exchange
» READ MORE..

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