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IBM targets Gujarat SMEs for SMSR, Cognos Express
Even as the small and medium enterprises (SMEs) in Gujarat look to increase their technology adaptability, IBM has forayed with its market specific products in hardware, software and security services, among other things. With an increasing need for data storage and security among SMEs, IBM is expanding its footprint in the state by offering products like Scalable Modular Server Rooms (SMSR) and Cognos Express, apart from other services.

'RBI may signal end of easy monetary policy by hiking CRR'
The Reserve Bank of India (RBI) may signal the end of easy monetary policy by sucking out some liquidity from the market by way of Cash Reserve Ratio (CRR) hike, State Bank of Hyderabad (SBH) managing director Renu Challu today said.

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Hitachi's Bullet aims for France's TGV
Hitachi Ltd, maker of the 186 miles per hour (300 kph) Bullet Train, will bid against the French-built TGV (Train à Grande Vitesse, French for high-speed train) on its home soil, as the Japanese company targets a European rail market that’s the biggest in the world.
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Accept pay scale, IIT federation tells members

The All India IIT Faculty Federation (AIIITFF) President M Thenmozhi today urged faculty members of all the Indian Institutes of Technology (IITs) to accept and implement the recommendations of the Sixth Pay Commission. - IIT faculty to accept new pay structure - IITs to accept new pay scheme after Council meet - IIT faculty puts stir on hold - HRD ministry rules out IIT pay hike but relaxes hiring norms - Sibal meets IIT faculty today - Newsmaker: M Thenmozhi">Newsmaker: M Thenmozhi “We have requested the faculty to accept the pay package in the interest of the entire IIT system,” Thenmozhi told reporters here after the faculty meeting at IIT Delhi today. The meeting was held to take stock of the situation after the HRD ministry met the IIT Council on October 19. The board of governors of most IITs will meet in a month’s time and the IIT faculty will meet thereafter. Thenmozhi, however, said that the issue relating to the 40 per cent cap on promotion of professors to senior grades and the provision of contractual appointment at entry level continue to remain matters of concern. Last month, HRD minister Kapil Sibal had assured the faculty that the government guidelines on the pay structure could be relaxed for promoting excellence. Faculty associations were unhappy about an HRD clause which said there would be a 40 per cent cap on professors who are eligible to receive higher pay after six years in the post.


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