Meru Cabs, launched in 2006, has everything going for it: A credible brand, loyal customers and a transparent pricing mechanism and technology. But, the only thing missing is profits. Meru wants to change that now. Says Meru CEO Siddhartha Pawha: FY13 will be focused towards achieving the last target.
Govt uneasy at prices, availability for domestic consumption.
In CY2010, 9.9 million PCs were shipped, a growth of 30% over 2009, while in CY2011 total shipments went up by just 7.3%
Gulshan Rai, director general of the Indian Computer Emergency Response Team and coordinator of the committee on cyber laws, says the team is gearing up to address the increasing mobile Internet usage.
Volume growth and performance of the banking, financial services and insurance (BFSI) division will be a key aspect as the Indian information technology services sector draws closer to announce its first quarter results for 2012-13.
Miffed at a rise in annual licence fee on Internet service providers, industry body Internet Services Providers Association of India on Thursday said it would approach the Telecom Disputes Settlement Appellate Tribunal, challenging the new fees.
Analysts say other than the niche focus, these firms are also reaping the benefit of deals becoming smaller.
Analysts and venture capitalists say Flipkart making considerable losses on book transactions.
The peace between erring employees and the company was brought in after the intervention of Nashik Deputy Labour Commissioner R S Jadhav.
IT firm's performance shows trouble in products segment, a majority of whose share comes from Finacle
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
At a time when the Indian information technology services industry is the focus of anti-outsourcing rhetoric, the global in-house centres (GICs) or captive units of multinational companies are increasing their offshore penetration.
Size of targeted firms for M&As increases from $10-20 mn to $80-100 mn.
This decision is based on the precedent in the case of Iran where DGFT last week allowed export proceeds realised even in Indian rupees to be made eligible for export benefits and incentives under India's foreign trade policy.
The requirement of one million units would entail a huge market for firms such as HCL Infosystems, Geodesic, VeriFone, Visiontek and others manufacturing micro-ATMs.
According to official sources, the scheme will support a new objective of asset creation along with its current job of funding project and schemes.
The Union ministry of food and consumer affairs proposes to insert a new clause in the fresh discussion note for the Cabinet on allowing foreign direct investment (FDI) in multi-brand retail.
The company said these numbers represented the offers made to only engineering students at Indian campuses and the final hiring target for 2012-13 would be announced by the end of March.
Clients picky on various heads; vendors need to maintain share.
The FDI floodgates have opened mega opportunities for not only brick-and-mortar retailers, but for their virtual peers as well.
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