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India to grow at least 7% this fiscal: Suresh Tendulkar
The Indian economy would grow at least 7 per cent in the current financial year, according to Suresh Tendulkar, former chairman of the Prime Minister"s Economic Advisory Council (PMEAC).

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Credit growth at 10.41 per cent
Credit growth of banks remained quite low at just over 10 per cent for the fortnight ended December 4 on an yearly basis compared to over 20 per cent in the corresponding period last year.

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Markets open strong on positive global cues
The bourses have opened firm, tracking gains in the US and Asia. The Sensex is quoting at 17,314, higher by 125 points, and the Nifty is at 5,170, up 35 points.
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Karl-Ulrich Kohler named COO of Corus

Tatas-owned European steel major Corus has appointed Karl-Ulrich Kohler as the new Chief Operating Officer with effect from February 1, 2010. - Draft of declaration expected soon, India suspects foul play - Climate talks see green light at tunnel end - Paras Pharma to use IPL to promote Moov and Set Wet brands - Changes at PwC ruffle feathers - Whirlpool to focus on AC segment, launch new range by Feb - JV Ramamurthy appointed HCL Infosystems President and COO "Kohler succeeds Rauke Henstra, who held the position until his retirement last year. He will report to Kirby Adams, Managing Director and CEO of Tata Steel Europe," Tata Steel said in a filing to the Bombay Stock Exchange. Tata Steel had acquired Anglo-Dutch steel maker Corus in 2007. According to the filing, 53-year-old Kohler would be based at Ijmuiden in the Netherlands. "This appointment demonstrates Tata Steel’s ambition to further enhance its European business, as well as the determination of this management team to emerge from the financial crisis in a strong and highly competitive position," Adams said. German-born Kohler has worked with ThyssenKrupp Steel as Chairman of the executive board. "I have been greatly impressed by the strategic changes that Kirby Adams and his team are bringing about to optimise manufacturing and commercial operations throughout Corus and I very much look forward to adding my own contribution and experience to their efforts," Kohler said.


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