Junk dealers struggling to keep business alive
More than five-decade-old Ambala disposal goods market (junk market) is the largest market of its kind in Northern India. It has more than 130 shops with total annual turnover crossing Rs 25 crore. However, all is not well with the market and business is looking downwards with many of the regular buyers turning towards the Delhi market.

"India Inc has a great positioning opportunity"
India has a great opportunity to position itself as an elephant, slow but sturdy, in contrast to the humbled tigers of the once acclaimed, crisis-ridden South East Asain economies, said advertising guru Alyque Padamsee speaking at a conference on Managing Brand Identity held in Mumbai on Friday. Alyque put his weight behind Unique Strategic Positioning as the key to manage a brand's identity in rapidly changing times.

World Briefing
Siemens wins nod for Westinghouse buy Siemens AG said on Friday the US department of justice had given the go-ahead to the German group's acquisition of Westinghouse Power Generation. "I welcome the prompt completion of the anti-trust reviews... We intend to complete this acquisition as soon as other prerequisites have been met," Adolf Huettl, Siemens board member and president of the Power Generation Group, said in a statement.