As the world trembled in anticipation of the Y2K disaster, India awoke to outsourcing.
The companies are expected to announce the deal soon.
Purchasing a desktop or a laptop today is both easy and complex.
State Bank of India's investment kitty now includes Rs 300 crore (Rs 3 billion) worth of shares of its competitor and the second largest lender, ICICI Bank.
This is because Apple's iPhone battery replacement programme requires that you send the phone back to Apple in the US -- which you cannot if you have bought it from the grey market.
China is promoting its information technology outsourcing sector as a rival to the market leader, India. The figures, however, paint a different story.
The Life Insurance Corporation has decided not to nominate any retired employee as a director on the board of the almost 90 companies in which it has equity or loan exposure.
The code of market conduct is being prepared under the aegis of the General Insurance Council (a self-regulatory body of the 12 non-life insurance companies) in this regard.
The finance ministry is having a relook at the entire financial sector regulations and legislations to determine how they compare with the global standards.
T S Vijayan has completed a year as chairman of insurance behemoth Life Insurance Corporation of India. In an interview with Business Standard, he speaks about the targets set by LIC, its plans to beat competition and overseas and future plans.
During 2006-07, it made 25 patent applications and was granted three patents.
The general insurers have sought well-crafted strategies from interested consultants to withstand competition from the private sector which is more customer-oriented in terms of both services and products.
With the first Dell personal computers going on sale in Wal-Mart Stores in the US and Puerto Rico, the $56 billion company is reportedly planning to sell its PCs through retail stores in Asia (including India) and Australia.
Indian IT firms still have a way to go before they can stand up and be counted among the global giants.
As soon as general insurers are freed from the shackles of standard products, they could offer a motor insurance policy that provides for settlement of full claims amount without any deductions for depreciation as per the current practice.
MSIDC has a strong team of 1,300 people, and Koppolu said the team would be further strenghtened. The team's success stories include Microsoft Dynamics Snap that was fully developed at MSIDC within a period of six months.
The report, however, cautions that weak English-speaking skills and lack of international experience among Brazilian workers make many of them unsuitable for employment.
The report, however, cautions that weak English-speaking skills and lack of international experience among Brazilian workers make many of them unsuitable for employment.
Despite rising salaries, the country can sustain the cost advantage for another 10-15 years.
"We have written to all the companies in which we have nominee-directors, asking them not to give Esops," said LIC managing director D K Mehrotra. He said there were more than 100 companies in which LIC had nominee-directors.
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