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Logistics cost savings to have big impact on GDP: KPMG
A reduction of the logistics costs by 1 per cent of the GDP means a saving of over $7.5 billion, according to a report on ‘Competitiveness Through Efficient Logistics’ released by KPMG in association with CII Institute of Logistics.

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Bollywood may not benefit from Reliance-DreamWorks deal
Bollywood may not get any significant mileage from the deal between Reliance ADA Group and Steven Spielberg’s DreamWorks Studios as the share of revenue from Hollywood films that run in India is small, say industry experts. According to industry estimates, the Hollywood films generate only around 3 per cent of the Rs 12,000 crore Indian film industry’s annual revenues.

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No fear of asset bubble on rising inflows: RBI
A day after the Reserve Bank of India (RBI) tightened norms governing external commercial borrowings (ECB), Governor D Subbarao said the capital flow into India was in line with the requirement and current account deficit.
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First administration of CAT successful, says Chandra

The first administration of Common Admission Test (CAT), being conducted online for the first time for admission to IIMS today, has been successful, Director IIM-B Pankaj Chandra said. - Isolated technical glitches reported during CAT exam">Isolated technical glitches reported during CAT exam - CAT fails across country as servers crash">CAT fails across country as servers crash - MNP likely to be delayed - RCoM unveils 1 paisa per SMS plan - TCS to fund education of 200 PhD students over 5 years - RCom joins 1 paise bandwagon, this time it"s SMS "The first administration (the first batch of students who appear for the exam) of CAT, being conducted online for the first time has been successful", he told PTI. "In each centre there are 5-6 rooms where the CAT exam is being conducted. In a few rooms of some centres, there was virus attack on computers. However, students in such centres will be given an alternative for the test- either today or on some other day, and they will be intimated", Chandra said.


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