'By integrating data, research, and new insights, we are designing work environments that foster innovation, collaboration, and wellbeing.'
India's leading software company, Wipro Limited, on Wednesday said it was looking at setting up an offshore business process outsourcing centre in one of the Asia-Pacific countries.
India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia.
Calling for cooperation among Asia Pacific countries to tackle the global economic uncertainty, Prime Minister Manmohan Singh on Thursday said the vast growth potential of India and these nations can be realised only by inculcating a "collective temper".
India's security software market is expected to have an annual growth rate of 29 per cent till 2009, according to research and analyst firm IDC.
For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.
Across all industries in India, almost 87 per cent of respondents plan to allocate a larger portion of their budget to high performers
An Internet cafe, a brainchild of sherpa Tsering Gyalzen, started functioning last week.
UTStarcom Inc, a provider of IP access networking and services, on Wednesday announced the opening of its technical support centre for the Asia-Pacific region in Gurgaon, near New Delhi.
Indian external storage market in the first half of 2002 totalled $36.5 million ahead of Hong Kong, which had a revenue of $28.5 million, according to the Garter Dataquest's Asia-Pacific research.
Moody's Investors Service has warned that India, along with the Philippines, Thailand, and Vietnam are highly vulnerable to volatile food and energy prices in the Asia-Pacific region as the Russia-Ukraine conflict continues to disrupt supplies and raise the cost of agricultural products, especially cereals and vegetable oils, as well as fertilizers and other agricultural inputs. This is so because these countries have a higher weighting of energy and food prices in their consumer price index (CPI) baskets, Moody's said in its report released on Tuesday. The weighting of energy and food in overall Indian CPI stands at over 55 per cent.
It will start four flights a week to Hyderabad from Hong Kong in December, while its wholly-owned subsidiary Dragonair will commence a similar service to Kolkata from November.
According to the global professional services company, the sharp fall in the value of the rupee against the US dollar in 2013 contributed to reducing labour costs in India.
India Inc's net profit as a percentage of the country's gross domestic product (GDP) is just shy of reaching 5 per cent, bolstered by strong earnings growth in the second quarter of 2023-24. Analysts interpret this as an indication that a corporate profit upcycle is in progress, with projections suggesting that this share could exceed 8 per cent within the next five years, driven by bullish earnings growth expectations. "We believe we are only halfway through a profit cycle, with the profit share in GDP rising from a low of 2 per cent in 2020 to about 5 per cent currently, and likely heading to 8 per cent in the coming four to five years. "This implies about 20 per cent compounding of earnings growth. "Underscoring this forecast is the start of a new private capex cycle, under-geared balance sheets, a healthy banking system, lower corporate tax rates, improving terms of trade, and structural consumption demand outlook albeit somewhat offset by likely consolidation in government deficit," said Ridham Desai, managing director, head of research, Morgan Stanley India in a note.
United States President Barack Obama will visit Asia in April next year, to push closer ties, but India is unlikely to be part of his stopovers given that the country could very well be in the middle of a general election.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
Moody's Investors Service on Monday said the bank capital will moderately fall in emerging Asia over the next two years, with India seeing larger capital decline without further infusion. In a report, Moody's said the uncertain trajectory of asset quality is one of the biggest threats for emerging market banks, as operating conditions remain challenging amid the current COVID pandemic.
Consulting and IT services giant Accenture announced two new services - digital and strategy - and key appointments to enhance its position in growth markets like Asia Pacific, Africa and Latin America.
India is among the top three emerging markets in the wellness economy.
Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
The report showed that 53 road accidents take place every hour in the country.
Higher valuation creation in companies beyond the top 100 has given the domestic markets a shot at a $4 trillion market capitalisation (mcap) - a club exclusive to three countries currently. On November 23, the mcap of all BSE-listed stocks finished at a new record of Rs 328.33 trillion ($3.94 trillion), despite the benchmark indices ending with losses. The mcap was propelled by gains in the broader market, including small and midcap stocks - a trend dominant this year.
In 2004, India's IT spending is expected to grow 19.5 per cent, while that of China is forecast to expand 16.9 per cent, IDC said.\n\n\n\n
Prithvi Raj Singh Oberoi, the 94-year-old veteran corporate hotelier who redefined India's hospitality industry, passed away on Tuesday. The Chairman Emeritus of The Oberoi Group, popularly known as 'Biki', built a sprawling chain comprising 32 hotels during his lifetime. EIH owns the eponymous Oberoi and Trident hotel chains.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
According to IFJ's list for 2018, armed conflict and militant extremism accounted for most journalists' killings.
PC shipments declined by 10.9 per cent to 76 million units in second quarter of 2013 from 85.32 million units in the same period last year, preliminary data by Gartner said.
To help US, as India will be a major economy in the future.
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
A recession is unlikely in the APAC region in the coming year, although the area will face headwinds from higher interest rates and slower global trade growth, Moody's Analytics said on Thursday. In its analysis titled 'APAC Outlook: A Coming Downshift', Moody's said India is headed for slower growth next year more in line with its long-term potential. On the upside, inward investment and productivity gains in technology as well as in agriculture could accelerate growth.
32 per cent employees from India were concerned about not having access to the right technology assets to be productive and 30 per cent cited the blurring boundary between work and personal lives as the top concerns should remote work arrangements continue long-term.
The 2024 T20 World Cup will be played in a different format in which 20 participating countries will be divided into four groups of five teams each and the first round will be followed by the Super 8 stage.
The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth.
