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Country faces shortage of 15,000 Mw, says minister
The government today said in the Rajya Sabha that there were difficulties in meeting targets of thermal power generation because of shortage of equipment and manpower and pointed out that the country faces a shortage of 15,000 Mw.

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FII-TO-FII TRADES: PNB traded at 5% premium
Trades between FIIs generated a volume of Rs 43 crore on the BSE Thursday-an decrease of 34.61% from Rs 66 crore clocked on Wednesday. As many as four stocks witnessed trades of 8.12 lakh shares on Thursday.

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Emami eyes acquisitions, domestic and foreign
Kolkata-based FMCG major Emami is scouting for acquisitions in the domestic and overseas markets and says it can spend up to Rs 800 crore on this.
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MoU signed to set up rural BPO centres in 22 AP districts

The Rural Development Department of Andhra Pradesh government and Infosys BPO Limited today signed a Memorandum Of Understanding(MoU) for setting up rural BPO centres in 22 districts across the state. - Infosys BPO partners US firm to provide mortgage solutions - Infosys BPO inks five-year deal with T-Mobile UK - Infy scouting for BPO firm in Canada - Infosys BPO targets flab, growth">Infosys BPO targets flab, growth - Paramount in talks to buy Star Aviation - Making wine Society for Elimination of Rural Poverty (SERP) Chief Executive Officer T Vijaya Kumar and Infosys BPO Limited CEO and Managing Director Amitabh Chaudhry signed the MoU in the presence of Chief Minister K Rosaiah, State Rural Development minister Vatti Vasantha Kumar and other senior officials here. Chaudhry said that one rural BPO centre would be set up in each of the 22 districts. "The first such BPO centre will be set up in the next six weeks which will provide a testing ground for this model. The capital expenditure and other details will be worked out subsequently," he said. "Over 1,000 people would get direct employment through the rural BPO centers in the next 12-15 months. Statistics suggest that direct employment generates 1.4 times indirect employment as well," the CEO said. He said Andhra Pradesh would be the first state where Infosys would be setting up rural BPO centres. "We are in talks with some other states as well for similar ventures but I can"t disclose the names at this stage," Chaudhry told PTI.


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