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India Inc takes the sale route to beat crisis
After many denials and protracted bargaining with several buyers, pharma major Wockhardt sold 10 of its hospitals to Fortis last week. The hospitals sale came within two months of the company selling its German business Esparma for an undisclosed amount.

Doha round, global slump top APEC talks
APEC trade ministers began meeting here today to discuss ways of clinching a global liberalisation deal in 2010 with signs that major recession-hit economies may be on the mend.

News of the day

Farm output shortfall to hit GDP, says Ficci
India"s economy is expected to grow between 5.2 per cent and 5.8 per cent in 2009-10, much lower than last year as the agriculture output is estimated to decline significantly because of drought in 276 districts of the country, an industry paper said.
Management

New-age devdas a senior citizen

Trinamool Congress MP Sudip Bandopadhyay has a fetish for shawls. During the winter session of Parliament, Bandopadhyay found many opportunities to show off his shawls that he wears in a trademark style. - Mamata dismisses Lalu Prasad's claims on Indian Railways' turnaround - Bengal seeks firm rly plan on singur - Railways to change land policy - Wrong call - Bengal invites Mamata"s rail coach proposal on Singur site - Central team ends Bengal visit, avoids volatile areas On Friday, as Bandopadhyay wore a red shawl, NCP member and Sharad Pawar’s daughter Supriya Sule dubbed him as Devdas — the iconic melancholic soul of literature and cinema. Bandopadhyay loved the title but when he told Railway Minister Mamata Banerjee about this new-earned fame, Banerjee quipped, “don’t get excited. You have almost become a senior citizen.”


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