IT major Wipro's chief Azim Premji on Friday cautioned the industry that competition globally is hotting up and warned the sector against falling into a mind trap of 'India Advantage'.
In a recent report published by the Confederation of Indian Industry and the Boston Consulting Group, has estimated India would face 'talent gap'-- the lack of right skills for the job required -- of more than 5 million by 2012, as existing educational institutions do not impart employable skills. The report titled, 'India's demographic dilemma' brings out the fact the $1.1-trillion economy will have a shortfall of 750,000 skilled workers over the next five years.
India Inc expects huge business opportunities to open up with the Nuclear Supplier's Group sanctioning an India specific waiver on Saturday.
Narendra Modi is to hold summit-level meetings with the heads of more than 50 African nations on Thursday.
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
A World Cup qualifier between Argentina and Brazil was suspended amid farcical scenes on Sunday after Brazilian health authorities accused a number of Premier League players of violating the country's COVID-19 quarantine rules.
We are solid, and what we are now looking for is a steady explosion of economic cooperation between India and the US, Tarun Das tells rediff.com
Corporate India is on the path to recovery after having been pummelled around in the global recessionary storm, with companies showing optimism on hiring and salary increases, says a joint Mercer-CII survey.
On September 7, the trade unions have called a dawn to dusk bandh to protest against rise in price of daily commodities and, once again, fuel price hikes.
Human Resources practices in India are 10-15 years behind the curve and it is imperative to remodel them to suit the changing needs, aspirations and behaviour patterns of the skilled workforce, member of the Infosys board T V Mohandas Pai said in Bengaluru on Thursday.
The victory celebration over, new FIFA president Gianni Infantino's first major decision in charge of the troubled world football organisation will be to appoint a secretary general, effectively a chief executive, to run day-to-day operations.
India was ranked 142 last year, but in the latest report it was revised to 134.
India Inc's investment spirit is down. A majority of leading CEOs expect domestic investments and money infusion abroad by Indian companies to grow by less than 10 per cent or to decline during 2012, in view of the current economic slowdown.
Asian Football Confederation president Shaikh Salman bin Ebrahim Al-Khalifa inaugurated the refurbished Cooperage stadium in Mumbai on Wednesday and said hosting the Under-17 World Cup in 2017 will boost development of the game in the country. The refurbishing of Cooperage was done under FIFA's 'Win in India, With India' project.
India has a population of 1.3 billion but the nation's obsession with and success on the cricket pitch has left it a massive underachiever on the football field.
Ali Al Nono's 82nd minute header gave Yemen a 2-1 victory over India in the AFC Asian Cup qualifying tournament.
The Confederation of Indian Industries has joined hands with the Commonwealth Games Organising Committee to host business promotion meets across all the 71 Commonwealth countries before the event commences in October. "The CII will organise business promotion weeks in all the countries where the baton relay of the Games takes place," according to a senior official of the Organising Committee.
Experts said a future rate cut would depend on the inflation.
On the first day of the 10th Pravasi Bharatiya Divas in Jaipur, India sought investors to fulfill its goals in the field of solar energy, report Priyanka
Union Minister Nitin Gadkari said opening of transport and highways will go a long way in instilling confidence among the public and cautioned towards maintaining social distance and adopting all safety measures like hand wash, sanitizing, face masks, etc while operating buses and cars.
Several fiscal and monetary incentives since December 2008 helped the industry to recover into a growth trajectory. The 10 per cent plus growth in manufacturing, basic goods, mining, electricity has been buoyed by these measures, Confederation of Indian Industry said.
Jaitley said each of the regions in the world is trying to do its best.
The government has imposed a service tax of 10.3 per cent on the gross value of tickets of all classes on the domestic flights and economy class on international routes.
India needs to focus on sustainable development and work towards improving the lot of its people at the bottom of the pyramid apart from its thrust on a higher GDP growth to be in the top league of nations in the next 15 years. Vijay K Thadani, chief executive officer of NIIT Limited and chairman of CII Education Committee, stressed on arresting school drop-out rate, enhancing enrolment ratio in colleges and universities and scale up penetration of information technology.
While Delhi turns out be the safest and best city to live in India, Jamshedpur and Patna are rated as the worst cities.
Openly backing the ISL as the country's elite competition for the first time, the Indian FA (AIFF) said its recommendation was based on the Master Rights Agreement it signed in 2010 with its commercial partners Football Sports Development Limited.
Indian production this season (Oct 2006-Sept 2007) is estimated at 280 lakh bales of 170 kg (against 245 lakh bales last season) and for the next season, it has been projected at a minimum 300 lakh bales.
He also extended condolences to those who have suffered and lost near and dear ones in the pandemic, and said he grieved with them.
Country's apex business chambers -- CII, Ficci and Assocham -- have said the WTO draft on Non-Agriculture Market Access under the Doha Round of trade talks was in complete disregard to the mandate of the round, which had to revolve around lesser obligation on the developing countries for duty reduction.
In his inaugural address at the 7th edition of Pravasi Bharatiya Divas, organised by the Ministry of Overseas Indian Affairs, Tamil Nadu government and Confederation of Indian Industries, the prime minister said that professionals, including doctors, dentists, pharmactists, engineers, architects and chartered accountants, would have the benefit of practising their professions in India.
Encouraged by softening inflation, the RBI on Thursday decided to cut the benchmark interest rate by 0.25 per cent to 7.75 per cent with a view to boost growth.
India to be an affluent society by 2039? The statement may raise many an eyebrow now but India 2039, an Affluent Society in One Generation, a book edited by Harinder S Kohli and Anil Sood and published by Sage Publication India Pvt Ltd stresses on such a possibility.
'There is no need for suspicion regarding the US-India civil nuclear agreement,' US Ambassador David C Mulford tells the Rediff Chat.
I don't think that India should dream about being at world level even after 100 years, said Mohamed bin Hammam.
India must carry on structural reforms, the finance minister said.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
India went down to Iran by a solitary goal in their last group match of Asian Football Confederation qualifier in Tehran on Saturday night. Following the defeat, India finished fourth in Group B with four points.
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