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IIM-C summer placement back in limelight
Indian Institute of Management-Calcutta (IIM-C) grads seem to be back in demand as the slot zero--or the most coveted slot offered to recruiters for summer placement--has seen a significant increase in the number of companies coming to the institute over last year.

Automatic digging
Facebook: Facebook is digging its moat deeper – only now it’s doing so on autopilot. The social networking firm has said before its operations throw off more cash than they consume. So news that operating profits also more than cover capital expenditures doesn’t surprise — until you realise the company added another 50m users over the past 3 months. This self-financed infrastructure build-out is significant.

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Indian IT firms lift lid on hiring
Industry experts still remain cautious on numbers.
Management

World Gold Council appoints Ian Telfer as new Chairman

World Gold Council (WGC) has announced the appointment of Ian Telfer as its new Chairman. - As prices rise, gold buyers shift to rupee budget - Third quarter gold demand halves - Gold Q3 demand dip by 49%: WGC - Gold prices hit another record - Kerala jewellery expo from Nov 21 - Gold hits new high at Rs 16,240/10 gm Telfer is chairman of the Canadian gold producer Goldcorp Inc and succeeds Greg Wilkins, vice-chairman of Barrick Gold Corporation, who steps down from the board of WGC, a statement said. Commenting on his appointment, Telfer said: "I am taking on a great role at a time when gold has never been more relevant and important to so many people...As we move into a new financial era, we believe that gold will play a central role in the investment portfolios of those seeking to preserve wealth and mitigate risk...." Telfer was elected chairman of Goldcorp Inc in 2006, having earlier been president and CEO of the organization and its predecessor company, Wheaton River Minerals.


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