The sector may not touch the 30-40 per cent growth rates it witnessed before the slowdown, but an register above 20 per cent growth as it nears calendar year 2011, says Partha Iyengar, regional research head and Vice President, Gartner India.
The deal size could be in excess of Rs 2,000 crore, though this could not be verified. Sivasankaran had invested close to Rs 1,800 crore in 2007 to take a 41 per cent stake in Aamby Valley. The Sahara Group is the majority investor, with a 51 per cent stake.
Once confined to secret chambers, hackers now operate even at the behest of nations - all with the stealth shown by the Greeks to destroy Troy with the Trojan horse.
Firstsource was perhaps the first BPO that set shop in the US city of Buffalo in 2004 with 287 employees.
The last date for receiving EoIs is February 28, after which a new reserve price will be announced.
Bhargava along with Harsha Raghavan, the former India head of Candover Investments, have formed Steer Capital.
Apartment prices at Planet Godrej, a premium residential property developed by Godrej Properties in the tony Mahalaxmi area of Mumbai, had come down to as low as Rs 17,000 to Rs 18,000 a sq ft in the property market slowdown last year.
Kishore Biyani's Future Group has seen a turnaround in home retailing after months of decline, on the back of improved consumer sentiments and focused merchandising plans, a key group executive said.
"The general benchmark that we are getting to hear is in the range of 5-15 per cent. Clearly, the 30-40 per cent hike days are behind us. Along with the slowdown in the US markets, there is a general mismatch in demand and supply. I think firms are being cautious before announcing huge hikes," says Shiv Aggarwal, CEO of ABC Consultants.
The Maharashtra government has decided to increase floor space index (FSI) to 3 from the current 2.5 for buildings which have come up between 1940 and 1960. The decision opens up the possibility for redeveloping 16,461 old buildings.
The 'First Status Report on Technology Business Incubation' in India also stated that 20 to 30 per cent of incubated companies make it big.
Day Zero was created when demand for IIM graduates had peaked and the institutes had to resort to creative mathematics to accommodate big recruiters without offending the existing ones. Falling job market has forced the B-schools to review the strategy, including placement fee revision.
Mahindra Satyam still has to face 13 Class Action Law suits filed in the US. Analysts peg the cash outflow for these cases to be around $100 million. Satyam also has to get large marquee outsourcing deals, and is yet to restate its accounts which will give investors a good picture of where the company stands.
For start-ups, the model can save 30-40 per cent of the total costs.
Capgemini, the information technology services and consulting major, plans to add 6,000 people in India over the next 12 months, which will make this the company's largest global centre, with over 26,000 employees. The company has a little over 20,000 employees at its headquarters in Paris.
Bing clocks 18 million visits every month, while Google India has unique monthly visits of 753 million.. Analysts say while Bing is in its infancy, it can grow up rapidly once it powers Yahoo! searches across the world.
The company plans to strengthen the offerings of its digital platform, Adtech, which it launched a few months back.
Litigation, regulations and the process of seeking approvals have also discouraged some developers.
Reliance Brands, a group company of Reliance Industries, began operations two years earlier to launch premium-to-luxury domestic and international brands and also set up retail stores for them.
After the euphoria, "affordable" realty developers are faced with the reality of excesses.
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