Trend may slow down the growth in investment demand of the yellow metal in the short term.
Banerjee was one of the people instrumental in shaping the future of Wipro's IT business in its early days.
"To support our massive retail activities, we plan to have our own textile brands - three women's wear brands, one men's wear and one kid's wear - in the next six months," says Deepak Tulsian, vice president, retail, of Gitanjali Gems.
The UPA government looks set to give the contract a decent burial and, in turn, redeem ISRO and itself.
This is where 300-odd executives of Infosys and 30 I-T officials, headed by commissioner Sanjai Kumar Verma, process all I-T returns filed electronically (e-filing) across the country and all paper filings of Karnataka.
In April 2008, Wipro's technology business saw one of its biggest churns in the wake of the appointment of Girish Paranjpe and Suresh Vaswani as joint CEOs under an experimental management structure devised by Chairman Azim Premji.
Information technology companies in smaller cities are forming regional associations to attract investments and get their demands fulfilled at the local level, as industry body Nasscom is unable to spread its wings in many such cities. Smaller companies in places such as Bhubaneswar, Coimbatore, Madurai, Kozhikode, Ahmedabad, Kochi and Thiruvananthapuram have created regional fora to sell their locations and also lobby state governments.
The Indian PC market is all set to witness double digit growth in 2010. Backed by increasing demand from the consumer segment, major PC vendors like Dell, HCL, Lenovo and Acer expect a surge in sales, especially during the festive season.
Gold coins are selling at a Rs 100 per 10 gram premium since Guru Pushya Nakshatra, one of the most auspicious occasions for buying precious metals in western Indian states.
Due to less supply and rising demand from American and Asian markets on the back of economic recovery, the prices of rough diamonds ('roughs') have risen 50 per cent since July.
Jewellery retailers witnessed a 20 per cent increase in the sale of ornaments during the last fortnight. The rise was due to more consumer footfalls following a 1.6 per cent correction in prices.
To have at least one demonstration school in every district.
Selects Wipro, Collabera as vendors; total IT sourcing from India about $1 billion.
Mid-sized IT and BPO services company MphasiS has introduced a hiring methodology which gives candidates even with very poor academic record a chance to make their way into the company if they are good in their logical and reasoning skills.
Financial Technologies-promoted National Spot Exchange (NSEL) plans to introduce an e-gold conversion facility. This will allow buyers to purchase physical gold in the electronic format, store it in a demat account and convert it into jewellery as and when they wish.
The Live Documents service offered by the Bhatia-promoted InstaColl is already a big success in India, especially among the education fraternity.
Dell, which recently knocked out Hewlett Packard from the No 1position in the Indian personal computer market, isn't the only one to move from the men to the boys.
Despite mounting losses from its Indian operations and growing pressure from minority stakeholders back home, Norwegian telecom major Telenor said Uninor, its telecom joint venture in India, plans to raise about Rs 9,365 crore to support its expansion.
Clearly part of the grooming of Harvard-educated Rishad Premji, the group appointed the elder son of chairman Azim Premji as chief strategy officer for its flagship IT business.
nfosys Managing Director and CEO S (Kris) Gopalakrishnan speaks about the company to Business Standard.
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