Tata Power signs pact with EESL for energy efficiency

New Delhi: Tata Power, country's largest private power generator, today said it has signed an agreement with EESL for energy efficiency and conservation initiatives. EESL (Energy Efficiency Services Ltd) is a joint venture of public sector units of the Ministry of Power.

Tata Power and EESL have signed an MoU (Memorandum of Understanding) to carry out collaborative activities and partnerships in the field of Energy Efficiency and Demand Side Management (DSM), Tata Power said in a statement.

Lamborghini targets India's young and super-rich to boost sales

New Delhi: Italian super-luxury sports car maker Lamborghini is looking to tap the growing number of high net worth individuals in India to almost double its sales in the country in the coming few years.




The company, which opened its second dealership in India in New Delhi, plans to add a third one in Bangalore for which it is in discussions with a local partner.

"The high net worth individuals, who are our target customers, are fast growing in India... In the coming years, we expect our sales here to be about 30-40 units a year," Automobili Lamborghini SpA president and CEO Stephen Winkelmann said.

2G scam: DMK demands examination of documents filed by the Department of Telecommunications

New Delhi: In an apparent effort to delay adoption of the controversial Joint Parliamentary Committee (JPC) report which had indicted former Telecom Minister A Raja in 2G scam, DMK has demanded examination of documents the Department of Telecommunications (DoT) had filed before courts and the Comptroller and Auditor General (CAG) while defending the spectrum allocation.

DMK member in the JPC on 2G scam T R Baalu has written to panel chief P C Chacko to "immediately" call for the records of the various affidavits filed by the DoT before courts defending the 2G radiowave allocation.

3 difficult financial tasks made easy

It is said that money makes life simpler. But when it comes to manage that money people just run away. There are a few tasks - like evaluating a stock that needs deep understanding and specialised skill - to achieve effective money management. However, there are a few other simpler tasks which everyone can follow.

These tasks may appear hard on the outside but are quite simple if one understands the basics behind them. Once you understand these basics, you can start practicing them right away.

It is our attitude at the beginning of a task which - more than anything else - impacts its successful outcome.

More than 25% Indians to quit their jobs this year: survey

New Delhi: As the growth trends firm up in the job market, India is set to witness the highest attrition rate globally with the possibility of more than one in four employees switching jobs in the country, a survey said today.

The survey conducted by global human resource and management consultancy major Hay Group also said that the concerns among the Indian employees about fairness of their compensation and career objectives could be the key reasons for them to switch jobs.

Lending, deposit rates to go up ahead of festive season: SBI

Mumbai: Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender SBI today said lending and deposit rates will go up in view of the festive season demand.

"Now the busy season has started so there is a huge credit demand and banks are scrambling for deposits. Deposit rate, I think, will go up and accordingly to that lending rates can also go up," SBI chairman Pratip Chaudhuri said here.

5 things to do before applying for home loan

No one likes bad surprises and often investments in home feature pretty nasty disclosures that make dreams turn into nightmares. First time home loan applicants face common problems like rejection in the initial stages, non-refundable processing fees, and desired amount of loan not sanctioned and perpetual issue of interest rate (or EMI burden). The other issues that crop up include difference in property evaluation, down payment to banks, crucial title deeds and NOC.