The US sub-prime lending crisis forced Mumbai-based WNS Holdings to revise its net income guidance by 60 per cent, and this is worrying the $8 billion business process outsourcing sector players and analysts.
Next time you answer the phone, chances are there won't be a caller at the other end, but a recorded message trying to sell a product or service. It doesn't expect an answer, but goads you to punch in a few keys in acceptance or simply hang up.
The Allianz Group, the German financial services powerhouse, is planning to foray into the booming asset management business in India.
After having depended largely on direct online marketing since 1990s, Dell's personal computers are now on sale in Wal-Mart stores in the US and Puerto Rico.
The PC assembling segment has held firm despite stiff competition from branded players.
To consider open offer if price falls below Rs 2,100 a share.
The Reserve Bank of India has issued a fresh directive to banks having less than the required capital to address ownership issues and take steps to increase their net worth to a minimum of Rs 300 crore (Rs 3 billion).
India topped the global chart for total amount raised through American depository receipts (ADRs) this year (January-July), beating China and Taiwan.
Mid-sized Indian IT companies are increasingly adopting the Foreign Currency Convertible Bonds route to raise funds.
Atul Choksey, the former co-promoter of Asian Paints, has exited from Standard Chartered Mutual Fund.
Private equity players in India, triggered by consolidation of domestic businesses, cross-border M&As (merger and acquisitions) and split in family-owned companies, are going for big buyouts, mostly, management buyouts.
The revenue growth rate for Tata Consultancy Services and Infosys Technologies has declined by over 20 percentage points to about 25 per cent from over 45 per cent in the quarter ended June 2006.
Enterprise rights management software, which controls access to any information being floated within an organisation, is set to see widespread use
India's successful mega share offerings are creating waves globally.
Several Web 2.0 startups, however, have managed to get venture capital in the foreign markets and underatken studies to understand the market potential of Web 2.0 sites.
The company has entered into exclusive tie-ups with the US-based PopCap Games, Playfirst, and Russian game developer and distributor, Alawar, to provide content for casual (not the high-end ones) games.
Australia-based Insurance Australia Group is in advanced talks to buy a 26 per cent stake in HDFC Chubb General Insurance, following the buyout of Chubb's stake by HDFC.
TCS, NXP Semiconductors and Gemini Traze are already in the fray.
Game developers are increasingly eyeing Bollywood production houses to create content.
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