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[November 25, 2009]

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(Mail Today (India) Via Acquire Media NewsEdge) India needs 50 cr skilled staff by 2022 INDIA needs about 50 crore of cumulative skilled manpower by 2022, of which Maharashtra alone needs five crore, an official said. " The country needs about 50 crore of skilled manpower but there is a huge gap today. At present, India has a training capacity of only 30 lakh people and the need of the hour is aggressive vocational training," department of higher and technical education principal secretary J. S. Saharia said.

HP net rises 14% in Q4 at $ 2.4 bn PERSONAL computer maker Hewlett- Packard ( HP) reported a 14 per cent growth in fourth quarter net earnings at $ 2.4 billion, helped by solid performance at the services segment. HP chairman and chief executive officer Mark Hurd said HP's solid performance in services drove record profit. In the services segment, revenue increased eight per cent to $ 8.9 billion.

Electric Indica likely by early ' 11 TATA Motors on Tuesday said it could launch an electric version of its car Indica in the domestic market simultaneously with its European launch, in early 2011.


The firm will start a feasibility study by next year for introducing the product in india. " It ( the electric Indica) will be available for launching in the country simultaneously with the global launch," Tata Motors managing director ( India ops) Prakash M. Telang said.

Airtel's per- sec plan for US mkt BHARTI Airtel on Tuesday announced the pay- per- second plan on its virtual calling card service, ' Airtel CallHome', for customers in the US. Airtel CallHome has so far been available in the UK, Canada and Singapore.

With this, Airtel would be the first to offer pay- per- second plans for the US- to- India calling card market, Airtel said. The $ 6.99 plan comes with a fee of $ 0.49.

ONGC for no cash in govt banks STATE- RUN Oil and Natural Gas Corp ( ONGC) is against investing its surplus fund with PSU banks as giving business on nomination basis was causing loss of interest revenue to it.

ONGC has expressed difficulty with the implementation of the government guidelines relating to investment of their surplus funds, minister of state for petroleum and natural gas Jitin Prasada said in the Rajya Sabha.

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