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Non-teaching IIT staff protest pay anomalies
Over 12,000 non-teaching staff of the seven Indian Institutes of Technology (IITs) went on a day-long dharna today to protest anomalies in pay and promotion structure. The employees — technical staff, laboratory staff and office assistants — however, did not boycott work.

On the elusive energy trail
India’s energy scenario poses the challenge of investing adequately to narrow the demand-supply gap and reducing import dependence.

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Patni allots 2.11 lakh shares under stock option plan
IT solutions provider Patni Computer Systems today said it has allotted over 2.11 lakh underlying equity shares to Bank of New York and certain employees under the stock option plan.
Corporate

Honda's global unveiling of new small car concept at Auto Expo

Japanese auto maker Honda today said it will hold the world premiere of the concept model of a new small car that has been developed keeping the Indian market in focus at the Auto Expo here next month. - Maruti Suzuki: No near-term gains - After party, Motown fears hangover - Rs 9.9 lakh highest offer at NID - Scooters on fast track - Feeling of comfort - Bajaj Auto: Obvious move "Honda New Small Concept is a concept model of a new small-sized vehicle, which Honda is currently developing especially for India and other emerging nations," the company"s Indian subsidiary Honda Siel Cars India (HSCI) said in a statement. The 10th Auto Expo, 2010 begins from January 5. In addition to the New Small Concept, the company will exhibit the CR-Z Concept 2009, a concept model for a new hybrid model, which was unveiled for the first time at the Tokyo Motor Show in October this year. "At Honda, we believe in constant innovation to offer advanced technology that only makes our cars fun to drive but also addresses the ever increasing concern about the environment," HSCI Director (Sales & Marketing) Tatsuya Natsume said, adding the displays would focus on bringing alive the spirit of dynamism. Besides the concept cars, Honda will showcase its humanoid Robot, ASIMO and a special display zone -- Design Corner -- that will provide a glimpse of the elements involved in designing a car from scratch. The company will also present an engine section that highlights the advances made by Honda in engine technology, along with the refreshed range of vehicles that it currently sells in India, including sedans City 1.5 V, Civic, Accord V6 and SUV CR-V.


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