The evolution of Bt created additional value worth Rs 40,000 crore until 2008.
Against the backdrop of a clampdown on visas by the US and growing antagonism towards foreign workers and immigrants in that country, Infosys Technologies, India's second-largest IT services firm, is mulling an 'extreme offshoring' model to help reduce its dependence on H1 and L1 visas.
Soon after Washington's decision to nearly double visa application fees as a part of its border security law, a bigger storm in the form of the Comprehensive Immigration Reforms Bill is gaining momentum in the US.
It's one tender that could usher in an era of partnership between domestic and global IT service providers, who compete fiercely for deals in India and abroad.
Chinese PC maker Lenovo is preparing the ground to occupy the top position in the enterprise PC market in India.
Indian IT companies, which had put ESOPs on the back burner during the global slowdown, are understood to be revisiting it.
Gold imports in India are estimated to have declined by 50 per cent to 30 tonnes during June-July.
High prices, individual investors and funds retaining their faith in gold as an alternate investment option also helped in improving the import figures.
It is in these segments that the attrition rate is higher. Wipro witnessed an attrition rate of around 17 per cent in the last quarter. Even as the market awaits its results for the June quarter, the company is not willing to take any chance with its employees.
Diamond prices fell about 30 per cent last year and had recovered by almost 15 per cent this year. Further recovery is imminent by the end of this year, said Mehul Choksi, chairman of Gitanjali Gems, a leading jewellery manufacturer and retailer, on the sidelines of a seminar organised by the Federation of Indian Chambers of Commerce and Industry in Mumbai on Monday.
Leading diamond jewellery manufacturer and retailer Gitanjali Gems Ltd is entering into real estate business through its maiden residential project at Borivli, in Mumbai's western suburb.
Come December, the Forevermark brand will take on India's leading diamond retailers
Mahindra & Mahindra, the diversified business group with significant interest in automotive and information technology, is looking at setting up an aircraft financing arm in Australia
The spot gold was sold below the landed cost due to the weak demand for the metal.
The Bengaluru-headquartered company, which derives close to 26 per cent of its revenues from Europe, mostly from the UK, believes this approach will help it increase its footprint in non-English speaking European countries.
Come August 2011, N R Narayana Murthy -- the chairman and chief mentor of India's second-largest IT services firm Infosys Technologies -- will sport the designation of chairman emeritus. It is a position which Infoscions and the senior management team have decided to confer on the person who co-founded the company with six others almost 29 years ago.
Peter Gartenberg, SAP India Managing Director tells about the changes taking place at SAP globally
UIDAI has split the overall project into small ones and handed them over to multiple vendors to speed up work.
Denying rumour that it might be using its office premises to compromise crucial Indian data by planting spyware, Chinese telecom equipment maker Huawei has maintained it was ready to cooperate with the government to have its facility inspected.
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