According to a survey by global market and insight group TNS, Intel, Maruti and TCS take the next three spots on the reputation front. The report said State Bank of India's rise to number three is on the back of strong reputation amongst the financial community and prospective employees, representing stability in the face of the several crises that hit the financial services industry in the last year.
Vanishing companies are those firms, which cease to file their statements of return or where, after raising capital, whereabouts of their registered office or directors are not known.
Indian companies with exposure to Egypt are keeping their fingers crossed as the Arab Republic is faced with a massive unrest.
According to the 18th version of Greenpeace's Guide to Greener Electronics, Wipro has topped the list of 16 electronic companies across the world based on their commitment and progress in three environment criteria: energy and climate, greener products and sustainable operations.
While most of the amount has been spent on hunger, poverty, healthcare and education, the least was spent on sports, armed forces veterans and technology incubators.
Industry body Assocham has released a study paper, titled 'Mobile value added services' a vehicle to usher in inclusive growth and bridge the digital divide' on which Trai is seeking comments from various service operators by February 11, Trai said.
In September, issue of new LPG connections had been put on hold pending a massive nationwide exercise to eliminate multiple connections
SEC rules require companies with 500 or more shareholders of record in a given type of stock to publicly disclose certain financial information.
The move will help in increasing transparency as well as providing correct picture of the actual shareholding of a listed company.
Oxley is also the co-author of Sarbanes-Oxley Act which outlines regulation of financial practice and corporate governance for publicly-listed firms in the US. Meanwhile, Nasdaq Managing Director (Asia Pacific) Ghanshyam Dass said Indian companies across all sectors are looking for possible listing. While Infosys and Sify were listed on Nasdaq in 1999, Rediff got into the exchange in 2000.
Corus plans to spend about $140 million for opening two mines in South Africa and Canada, which could produce 10 million tonnes of iron-ore a year by early next decade, while it is also mulling another mining project in Ivory Coast, the report said. The captive mines insulate the company from the steep rises in iron ore prices and give it a similar position as the Jamshedpur plant, it added.
Private players are increasingly looking at the defence market which is a promising multi billion-dollar arena.
"We hope to introduce the new Defence Production Policy as well as the Defence Procurement Policy from January 20100. We are going to take some drastic steps to achieve our goal of speedy indigenisation," Defence Minister A K Antony announced in New Delhi on Wednesday.
According to KPMG survey, BRIC nations are more optimistic about growth in 2008 than US.
According to sources close to development, the paper proposes four new concepts for making the taxation of foreign companies in India and foreign transaction of Indian companies, especially overseas mergers and acquisitions, more transparent.
"The inspiration to develop smaller and cheaper apartments comes from the Nano car, which is eliciting a tremendous response. I am sure our project will see a similar response, given the fact that we will come up with such low-cost apartments in metro cities," said R Nagaraju, general manager, corporate planning, Unitech. It plans to launch mid-segment residential projects in metro and suburban cities over the next few months.
State power minister Ajit Pawar has told the MahaVitaran, MahaGenco and MahaTransco to upgrade infrastructure to meet challenge of another 25,000 Mw, spread the network quickly, cover uncovered areas, separate out feeders and improve efficiency in providing quality service to customers.
Indian investments in the West Midlands, UK, have doubled in the last 2 years, thereby strengthening relations between India and UK.
According to the survey by IT security solutions provider Symantec, corporate data in Indian companies is expected to grow 67 per cent in the next 12 months.
While companies globally are on a hiring spree on the back of an economic rebound, Indian firms seem to have outperformed them by adding more staff, according to a survey by workplace solutions provider Regus.
The UK India Business Council expects more emphasis to be put on improving bilateral economic ties.
With Bharti Airtel making it to the list of top-ten advertisers of the year, cellular phone service providers as a category have overthrown fast moving consumer goods (FMCG) products such as toilet soaps and shampoos to emerge as the top advertising category on television in 2007.
Days after medical representatives said their employers were flouting the government's drug-pricing norms, the pharmaceutical industry has decided to clip their wings. These companies want them to be no longer recognised as "workmen," a classification that gives them the right to form trade unions.
Insurance Regulatory and Development Authority (IRDA) on Thursday said ten new players have applied for licences to enter into this fast growing sector.The Shriram group, Ranbaxy-promoted Religare Securities and real estate major DLF, have sought regulatory approval for entering the insurance sector, Muralidharan said.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
Nifty and Nifty Junior companies show gains (on average) when the rupee appreciates.
Indian companies have been ranked the highest as compared to their global peers, when it comes to employees confidence and effective leadership in the firms, says a latest study.
The outsourcing ban by Ohio has come as a disappointment to India, and Commerce Minister Anand Sharma said on Tuesday that the move is 'not welcome at all.'
Companies such as Dr Reddy's Laboratories, Sun Pharmaceutical, Lupin and Ranbaxy striving to capitalise on opportunities created by pro-generic health care reforms in the US market are facing pricing pressure as the health care supply chain is undergoing consolidation.
Many companies globally are still continuing with cost-cutting initiatives, including job cuts, as they are still uncertain of the economic situation and its long-term fallout, experts said.
Credit Agricol (CA), the second-largest French bank, is all set to enter the Indian insurance and asset management business.US-based middle market focused investment bank Jefferies Group, which opened its representative office in New Delhi last month, plans to enter the institutional brokerage and asset management business in India.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
A slew of real estate companies, like DLF, Omaxe, BPTP and Avnija Properties (Dalmia Cement), and large corporations like telecom bigwig AT&T, Sterlite, Videocon, JSW Power, Hinduja's HTMT, Moser Baer Infrastructure, Ispat Industries Ltd and a Sam Pitroda-owned company are among the 25 companies whose applications will not be immediately processed by the Department of Telecommunications (DoT) for awarding mobile licences.
With some IT majors performing below industry expectations, Nasscom on Wednesday said smaller and mid-size companies, which adopted different strategy after the 2008-09 economic crisis have peformed well, posting up to 20 per cent growth.
The presence of top American companies like Microsoft, Cisco and McKinsey in Bengaluru seem to be motivating terror groups to repeatedly target the IT city as it gives them instant publicity globally and acts to thwart foreign investment there.
Indian IT service providers are increasing their exposure in the healthcare and pharma segments. Multi-million dollar deals in this space by IT firms over the past three-four months only buttress this trend. Healthcare outsourcing has moved away from just undertaking medical transcription and business process outsourcing (BPO) work to core functions such as drug discovery, testing, research and development.
Low-cost carrier Deccan Aviation is considering rationalisation of some of its routes as a cost-cutting measure in the backdrop of a hike in aviation turbine fuel (ATF) prices, a top company official said.
The survey confirmed that companies were shifting their focus away from cost control and returning to growth.
Concerned over BSNL's falling revenue and market share, an employee association of the state-owned telecom company has sought a thorough probe into an alleged nexus between senior officials of the PSU and private operators.
With the growing voice of developing countries like India, Brazil and China, the big pharmaceutical firms will not be able to get the WTO's Trade-Related Intellectual Property Rights agreement changed to their advantage, Commerce Secretary Rahul Khullar said in New Delhi.
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