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New Delhi auto expo in January expected to be largest in the world
The last Auto Expo in January 2008 in New Delhi drew 1.8 million visitors. The 2010 edition scheduled at Pragati Maidan here, from January 5-11, is expected to draw close to 2 million visitors, which would make it the largest auto show in the world.

Sunil Jain: Labour's litany
If policy-makers are worried about employment, it is not without good reason. Even though employment growth is rising, labour intensity is falling, suggesting that the growth is not as permanent as you"d like. The usual policy response to this would be to give a boost to traditional labour-intensive industry but, as a paper by Deb Kusum Das, Deepika Wadhwa and Gunajit Kalita (all at ICRIER) brings out, labour intensity levels have gone down quite dramatically in even traditionally labour-intensive industries.

News of the day

Aditya Birla Nuvo in talks with global PE investors
Aditya Birla Nuvo is in talks with global private equity players Blackstone, Carlyle and KKR to sell shareholding in its proposed holding firm for its financial services business. The financial services holding company will house its asset management, insurance, stock broking, wealth management and private equity businesses.
Small Business

NTPC Q3 net up 5% to Rs 2,365 cr

National Thermal Power Corporation (NTPC) today reported a growth of 5 per cent in net profit at Rs 2,364.9 crore for the third quarter ended December 31, 2009, over the same period last year. - NTPC undertakes 17 projects to have 75,000 Mw - NTPC"s power exchange likely to be operational next fiscal - TRF bags Rs 611 crore order - Britannia Q3 PAT declines 37% to Rs 29 cr - Simbhaoli Sugars back in black with Rs 44 cr Q3 net - Apollo Hospitals Q3 net up 48% at Rs 44 cr However, total income declined to Rs 11,962.8 crore for the quarter ended December 31, from Rs 12,128 crore in the same period previous fiscal, NTPC said in a filing to the Bombay Stock Exchange. Further the company said that one of its coal based unit located in Uttar Pradesh, which is planned to provide power to Commonwealth Games, has reached full load to produce 490 Mw of power. "One of the company"s coal based unit of 490 Mw of national capital thermal power project located in Uttar Pradesh has been successfully commissioned. It has reached full load on January 29, 2010," the company said. With the commissioning of this unit, the total installed capacity of the company has crossed 31,000 Mw and has become 31,134 Mw. Shares of NTPC were trading at Rs 214.70 on the BSE, down 0.46 per cent from previous close.


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