As 2010 comes to a close, MMA provides a guide to new and existing technologies that will dominate the market in the coming year.
We expect the region to record another year of solid growth in 2011, the survey said.
Satyam Computer Services Ltd will set up a business continuity center in Singapore, its headquarters for Asia-Pacific Region. This would be the first such center outside India.
Indians are still the most optimistic investors in Asia mainly because of its sustained domestic growth momentum, but going into 2011, they have somewhat lower expectations than they did in the previous quarters, says a survey.
The differences between the US and China over rival free trade agreements being floated by them threatened to derail the APEC Summit which got off to a colourful start in Beijing China on Monday.
Sun Pharmaceutical said Ranbaxy shareholders will get 0.8 Sun Pharma shares for each Ranbaxy share.
'China, India and the US will compete and they will collaborate. This is the most important three-way relationship that the world will see,' says TCS Asia head Girija Pande.
Salary budgets in APAC region are set to rise 6.8 per cent in 2016.
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
The new Centre of Excellence at the India Software Lab will offer solutions to organisations across India, South Asia and Asia Pacific.
Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which has a comparatively lower popularity among retail investors. The limited launches in equity space also failed to rake in huge sums due to subdued investor sentiments in a volatile market.
In the survey conducted by anti-graft group Transparency International, only 14 per cent Indians said none of the religious leaders were involved in corruption, while another 15 per cent did not know about their corrupt practices.
Pitching for increased foreign investment for a growth of 9 to 10 per cent, Prime Minister Manmohan Singh on Monday said India will have to pay more attention to the Asia-Pacific region but asserted that the country's "strategic autonomy" would not be compromised.
'There is a huge risk of misinformation and disinformation, and targeted campaigns that could potentially happen against candidates or to push certain narratives.'
India is likely to post an impressive growth of 7.2 per cent this year and 7.3 per cent next year despite an overall slowdown in Asia-Pacific region due to adverse effects of tsunami and oil price shocks, a United Nations report said on Monday.
Noting that India continues to suffer from low, but improving, levels of economic freedom, the latest Index of Economic Freedom ranks the nation 120th globally and 25th among 43 countries in the Asia-Pacific region.
Aided by low labour costs, China has overtaken India as the primary destination of outsourcing and shared services for Asia-Pacific companies -- netting business to the tune of $20 billion, according to accounting firm KPMG.
Chanda Kochhar has been ranked as the most powerful woman in the Asia Pacific region by fortune magazine.
Last year, Chinese media sharply criticised the Malabar exercises.
More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).
On his maiden visit to India as the United States Defence Secretary, Leon Panetta would focus on taking the Indo-US defence ties to the next level, besides discussing the situation in the region and the 'rebalancing' of his country's posturing in the Asia Pacific region.
Msat said on Monday it is stepping up efforts to attract the talent across Asia-Pacific and India, two of its fastest growing markets.
The US is leading the world once more and people across the globe admire America the most as they have developed a "new confidence" in its leadership, President Barack Obama has said.
The second wave of COVID-19 may have a more lasting damage on the Indian economy and exports will once again be the foundation for recovery, Moody's Analytics said on Monday. In its report titled 'APAC Economic Outlook: The Delta Roadblock', Moody's Analytics said social distancing is weighing on the current quarter, but economic recovery will resume by the year-end. The Delta variant of COVID-19 is among factors now adversely affecting economies of the Asia-Pacific (APAC) region, but the economic hit from the current round of movement restrictions in the region will not be as severe as the recessions in the second quarter of last year.
Browbeaten by recession and anxiety about mounting protectionism in key markets have led Indian information technology (IT) companies to extend their reach in the countries of Africa, the West Asia and Asia Pacific.
Tata Consultancy Services (TCS) is likely to maintain its leadership position over the next three years backed by a strong and satisfied client base.
Travel companies are opting for Thai Airways, Singapore Airlines, Sri Lankan Airlines and Air India for holiday-makers.
C&W conducted a series of interviews with Chinese and Indian companies already established in Dubai as well as with those companies considering setting up in the region.
The board of directors met on Wednesday and approved Rahul Khosla as MD, effective August 18.
Indians are 'new' brand enjoyers who look for variety and give importance to experience, according to the latest 'Eye on Asia Study' released by Grey Group Asia Pacific, a leading marketing communication company.
"Relevant countries should abandon the obsolete Cold War mentality and narrow-minded geopolitical rivalry concept and view correctly and respect people's aspiration in the region and do more things conducive to regional solidarity and cooperation," Chinese foreign ministry spokesman Zhao Lijian said.
M&M was the biggest loser in the Sensex pack, declining nearly 3 per cent, followed by TCS, Bajaj Finance, Wipro, Kotak Bank, Tech Mahindra, HCL Tech and Tata Motors. In contrast, Titan, Bharti Airtel, ICICI Bank and L&T were among the gainers, rising up to 0.93 per cent.
With the US housing and labour markets on the mend, the healing looks more durable, say RBS's Sanjay Mathur and Louis Kuijs.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
The two-day summit, being attended by Heads of Governments, policy makers, researchers, scientists, NGOs and entrepreneurs among others has the theme 'Water security and Water-related Disasters Challenges: Leadership and Commitment'.
India's boxing sensation Vijender Singh will defend his WBO Asia Pacific title against Tanzanian Francis Cheka, who has lost all his bouts away from home.
S&P Global Ratings on Wednesday slashed India's GDP growth forecast for the current financial year to 9.8 per cent saying the second Covid wave may derail the budding recovery in the economy and credit conditions.
'We suggest an equity strategy of 5% to 10% exposure to cash, 5% to Gold ETF, close to 50% to Sensex/Nifty/large mid-cap stocks.'
S&P, which holds 51.4 per cent in Crisil, named Roopa Kudva as the region head for South Asia. Kudva would be part of S&P's Asia-Pacific executive committee, the agency said in a statement. She would continue as the managing director and CEO of Crisil.
The latest Media Partners Asia analysis on India says TV advertising will grow only 6.5 per cent in 2009, as against 15.6 per cent in 2008. However, MPA expects TV advertising to rebound to 8.7 per cent growth in 2010. Of the Rs 20,000 crore-plus advertising industry, television advertising alone accounts for 45-47 per cent. Overall, MPA predicts that advertising growth may drop to 5.4 per cent in 2009, after a 20 per cent-plus growth in 2006 and 2007.
