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IIM-A alumni's firms flock to campus to recruit for summer
Continuing their association with the Indian Institute of Management, Ahmedabad (IIM-A), the institute"s alumni picked up students for the ongoing summer placements through their companies. The alumni"s firms that returned to the campus included Edelweiss Capital and Feedback Ventures.

Analysts' View: Raamdeo Agrawal
The finance minister (FM) has done a good job to maintain an aggregate demand in a recessionary situation by increasing rural spending and giving some reprieve in income tax by cutting the surcharge. It’s a fairly balanced Budget. The fall in markets is an over-reaction as the finance minister has never said that there would not be any divestment. Instead, he has hinted that nearly Rs 25,000 crore is likely to be raised through divestment.

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Asian markets end firm
The Asian markets have ended in the green.
Management

Get the swine drunk

While the world grapples with a cure for the H1N1 swine flu, those in the trenches are coming up with their own solutions. Russian soccer fans, Reuters informs us, have been advised to drink a lot of whisky on their trip to Wales for the World Cup next month. “We urge our fans to drink a lot of Welsh whisky as a form of disinfection,” Alexander Shprygin, the head of Russia’s supporter association VOB told Reuters. The Russian health ministry had issued an advisory against travelling to the UK because of the swine flu virus but, armed with the Shprygin Solution, it is expected that several hundred fans will travel to support the team.


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