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US beckons Indian IT giants
Andre Dua / September 27, 2009, 0:01 IST

IL&FS proposes 10 more apparel training centres
IL&FS Cluster Development Initiative Limited, a subsidiary of IL&FS has given a proposal to the Orissa government for setting up 10 more centres in the state for imparting Sewing Machine Operator Training programme.

News of the day

Gurcharan Das: Relax, capitalism is not the problem
The epic, Mahabharata, thinks that human beings are fundamentally flawed and their faults make the world “uneven” (vishama). As a result, they are vulnerable to nasty surprises. Duryodhana is the chief purveyor of “uneveness” in the epic, but the others also contribute to it in good measure — Yudhishthira cannot resist gambling; Karna suffers from status anxiety; Ashwatthama has a revengeful nature; Dhritarashtra is prone to excessive love for his eldest son and so on. These human defects drive the epic towards calamity. Like the Mahabharata’s characters, investment bankers on Wall Street, rating agencies and even regulators suffer from similar failings, and it is these dangerous infirmities that brought the global capitalist system to its knees in 2008.
Corporate

R Gopalan takes charge as Fin Services Secy

R Gopalan, a 1976-batch IAS officer, has been appointed as the Financial Services Secretary in the Finance Ministry. Sensex ends up 35pts He would look after the banking and insurance division in the ministry. Earlier, Finance Secretary Ashok Chawla was holding the additional charge of this department. Prior to this, Gopalan was serving as special secretary in the Commerce Ministry. He also served as additional secretary and joint secretary in the Commerce Ministry. "He has participated actively in WTO ministerials at Doha, Cancun and Hong Kong, and assisted the commerce minister at the G-6, G-20 and G-110 meetings," the release said. He has also participated in inter-governmental negotiations in the areas of agriculture, services and environmental goods, and led the Indian delegation at the WTO. Gopalan has served as director of general anti-dumping and anti-subsidy investigation, director on the boards of MMTC and STC, and CMD of Tamil Nadu Industrial Development Corporation. He has held various positions in the Tamil Nadu government.


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