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RInfra bags Rs 1,000 cr Kandla-Mundra road project in Gujarat
After bagging the Pune-Satara highway project last week, R-Infra, a unit of Anil Dhirubhai Ambani Group (ADAG) has now bagged the Rs 1,000 crore Kandla-Mundra Road Project from NHAI.

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Classically speaking
A timely corporate initiative has mumbaiites lining up for lessons in western music.

News of the day

What Gladwell saw, and questioned
At the height of the dot-com boom of the 1990s, several executives at McKinsey & Company, the world’s most prestigious management consulting firm, launched what they called the War for Talent. After extensive research, they concluded that the best companies had leaders who were obsessed with “the talent issue”. They recruited ceaselessly, finding and hiring as many top performers as possible. They singled out and segregated their stars, rewarding them disproportionately, and pushing them into ever more senior positions. The “talent mind-set” became the new orthodoxy of American management — the intellectual justification for why a high premium was placed on degrees from first-tier business schools, and why the compensation packages for top executives had become so lavish.
Small Business

Eicher subsidiary signs MoU with Vinn Group

VE Commercial Vehicles (VECV), a subsidiary company of Delhi-based Eicher Motors (EML) has signed a non-binding memorandum of understanding (MoU) with the Vinn Group of Sweden to explore business opportunities in the field of engineering design services. - Royal Enfield launches two bikes - Eicher Motors gains on strong Q1 performance - Eicher Motors Q4 net up at Rs 6.16 cr - Eicher Motors Q3 net dips 4.12% - Deutsche Securities hikes stake in Eicher to 5.17% - DuPont to double headcount Vinn Group AB is a joint venture company between Vinn Group and Volvo Technology Transfer AB (VTT), a wholly owned subsidiary of AB Volvo. The move is aimed at aligning VECV"s engineering design services division along with EES Inc, USA and the two subsidiaries in China (collectively referred to as EES Division), which currently contributes to around 2 per cent of VECV"s consolidated revenues and around 1.7 per cent of EML consolidated revenues. The objectives of the MoU is to explore the alignment of EES Division of VECV with Vinn Group AB, through an efficient structure, stated a press release from Eicher Motors today.


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