'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
Indians are the most optimistic in Asia Pacific region about job and pay rise prospects in 2021, job site 'Indeed' said on Monday, citing its global study. Indian workers (56 per cent) are more than twice as positive about their chances of getting a pay rise next year compared to their counterparts in Australia (20 per cent) and Singapore (23 per cent). Over one in three Indian workers are very optimistic about their career prospects in 2021, the highest in all countries surveyed, it said.
19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017
Bengaluru-headquartered IT services major Wipro Limited on Thursday announced that it has signed an agreement to acquire Capco, a global management and technology consultancy to the banking and financial services industry, for USD 1.45 billion.
The rating agency said, rising COVID-19 cases in India will keep private spending and investment lower for longer.
The survey also revealed that 17 per cent Indian women are not satisfied with their job security, lower than their male colleagues.
Anil Ambani-led Reliance companies have bagged three awards including the Asia-Pacific Project Sponsor of the Year, announced by Project Finance Magazine of Euromoney Publications on Monday.
According to a study by the firm, the average sequential growth of ad spend in the Asia-Pacific region during the quarter was 18 per cent.
Emerging Asia - China, India, Indonesia and Thailand - is fast becoming the main engine of growth in the Asia-Pacific region.
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.
The pipeline will enable Moscow to enter markets in Asia- Pacific region and reduce dependency on European customers.
Kalanithi Maran's Sun Network and Subhash Chandra's Zee Entertainment, the two homegrown media companies, have maintained their number one and two positions, respectively, in the Asia-Pacific pay broadcaster ranks for the second year in a row.
APEC is an important forum that brings together the dynamic economies of the Pacific Rim and Singapore is an important partner on a range of regional and global issues.
New Delhi's candidature was unanimously endorsed by the 55-member Asia-Pacific grouping, including China and Pakistan, in June last year.
Majority of the employees in the Asia-Pacific region feel that new technology devices like smartphones and laptops have boosted their productivity, says a survey.
The 37 year old former beauty queen turned showstopper for Kolkata based designer Ruceru.
Swiss brokerage Credit Suisse expects the economy to continue to show positive surprises and record up to 9 per cent growth in the next fiscal. For the current financial year too, the brokerage anticipates growth to be higher than the consensus forecast of 8.4-9.5 per cent, and printing in at around 10.5 per cent. As a policy, Credit Suisse does not provide absolute growth numbers in its forecast.
The increase in infrastructure spends in the country is likely to be driven by sectors like housing, telecom, healthcare, education and transportation.
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.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
Satyam Computer Services (rebranded as Mahindra Satyam) has recovered 32 clients of Satyam since May. The company has close to 420 clients at present -- down from the approximately 500 clients it had before takeover.
FC Barcelona's Asia Pacific director general Jordi Camps believes it is a matter of time before an Indian plays in Spanish top-flight.
Information technology, consulting and business process services company, Wipro on Thursday announced that it has signed an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. "Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. "We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region," CEO APMEA, Wipro, N S Bala said. Wipro's new operating model emphasises strategic investments in focus geographies, proximity to customers, agility, scale and localisation, the Bengaluru-headquartered company said in a statement.
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
As per Hewitt's annual Salary Increase Survey 2009-10, the double-digit hike in salaries are anticipated for this year led by sectors like telecom, engineering, pharma and energy.
Indians are ultra conservative when it comes to taking personal or business risk and are also the most reluctant to use the services of financial advisers than their peers in the Asia Pacific region, reinsurance major Swiss Re said in a survey.
Banga's exit is being seen as a blow to Citigroup CEO Vikram Pandit, who said in a speech this week that the bank would look abroad for growth as the US economy slows. At MasterCard, he will be responsible for key business operations, including customer relationships globally, products, services, marketing, technology and operations.
Indian consumers are the most optimistic lot in the Asia Pacific region, says a study that gauged their mood for the second half of 2009.
General Motors (GM) India Limited plans to export Beat, its compact car to Europe and countries in the Asia Pacific region, from January 2011.
The head of Citigroup's Asian operations ruled out selling the US group's stakes in Chinese and Indian banks.
A Deloitte survey found that the CEOs in the Asia-Pacific region are optimistic about their company's growth over the next 12 months, despite the economic downturn.
Communications solutions and services provider British Telecommunications' (BT) Indian arm, BT India (BTI), on Tuesday said it will invest 375,000 pounds (about $558,418) for setting up its Asia Pacific security operations centre (SOC) in the country.
According to Colliers International's annual parking rate survey, average cost of parking a car in Sydney's CBD is Australian $733 a month, making it the fifth most expensive city in the world, AAP reported on Tuesday. The only more expensive city in the Asia Pacific for parking is Hong Kong, where the average price is $748 (Australian $939).
According to the survey by Hong Kong-based HR Business Solutions, Asia Pacific's average pay increase (expected) for 2010 is 4.8 per cent, higher than an actual pay increase of 3.2 per cent in 2009.
While overall IT budgets were expected to decline by 3.1 per cent on an average.
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.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
'We continue to believe that the global economy will narrowly avoid a recession, despite expecting the US, Canada, and most of Europe to fall into recession at some point over the next year or so.'
