'Investors need to understand that these schemes may not do well in the market that is in a bull run, but quality stocks would protect the downside.'
IT and BPO industry body Nasscom's chairman Pramod Bhasin said the industry faced a 'brutal year in many respects' in the last financial year and the companies and customers were passing through 'extraordinary pain'. As a result, BPO customers are undergoing restructuring, internal and management changes and change of decision-makers, he said at the Nasscom's BPO Strategy Summit 2009 in Bangalore.
Yogi would be considered good from any other composer, but from Yuvan, you've come to expect more. In that sense, it only partially delivers.
US President Barack Obama's proposals to amend the US tax structure since it allegedly encourages creation of ". . . a job in Bangalore, India, (rather) than create one in Buffalo, New York", has made the IT sector in India edgy.
If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.
The hits and misses of the week.
'Rubaru Roshni is a soul-stirring cinematic experience.'
India is Facebook's largest market with 250 million active monthly users. Along with Google, it has a 70 per cent share in the Rs 1,000 crore domestic digital ad market.
The Business Process Outsourcing companies in India appear to be handling the impact of the global economic crisis much better than IT firms
In 2008-09, the industry grew by over 16 per cent at $46.3 billion.
While retaining the basic exemption limits at Rs 1.6 lakh (for individuals), Rs 1.9 lakh (for women) and Rs 2.4 lakh (for the retired), the slabs have been hiked substantially.
Foreign lender Royal Bank of Scotland on Thursday said RBI is likely to hike its policy rates by up to one percentage point this year even as the headline inflation is likely to fall to 6-7 per cent on the back of a good monsoon.
'There is a long-term bull market that commodities will witness. This can take 2-3 years to start. There have been some large moves in foreign exchange. We have seen the pound depreciate by 25 per cent against dollar. We have seen the yen appreciate against the dollar. When the markets start stabilising, these trends will reverse. This will give good trading opportunity. But it is not clear whether any one should do anything yet,' says Robert Morrice, MD, Barclays Wealth.
Panga's slice of life makes up for in its gentle depiction of everyday struggles and pleasantries, lending it a consistently warm fuzzy feeling, feels Sukanya Verma.
Tinesh Bhasin explains the tax liabilities that accompany receiving a gift.
It looks like Yuvan needs to find his moorings back again. He probably needs it after a spate of releases one after the other. Still, there are a couple of good numbers that make this album worthwhile.
'I had never in my wildest dreams imagined that this could happen to me.'
'Investors should allocate about 5% to 10% to such funds.'
Rate cut, increase in limit, withdrawal of processing charges are some of the pluses.
"We have never done much lateral hiring since we promote from within the company. Given the GE legacy, Genpact has always believed in performance appraisals. This period is no different," says V N Tyagarajan, COO, Genpact.
General insurers in India have started campaigns highlighting the benefits of buying a student's travel insurance in India, as opposed to buying one offered by the university abroad, says Tinesh Bhasin.
The National Association of Software and Services Companies -- Nasscom -- on Monday announced the appointment of Ganesh Natarajan, deputy chairman and managing director, Zensar as the chairman of Nasscom for the year 2008-09. Pramod Bhasin, president and CEO, Genpact has been elected as the vice chairman of Nasscom for the current year.
Kavithai Gundar with rhythm ruling supreme, is hip-hop the Tamil way, dipped in near incomprehensible lyrics and liberal English. Emcee Jesz seems to have understood the allure of filmi music and slathered plenty of it into his album, which gives it s slightly different twang.
Verma is understood to have given point-wise refusal to all the allegations levelled by Asthana before the panel comprising Vigilance Commissioners T M Bhasin and Sharad Kumar, they said.
India Inc has pitched for rate cut to boost economic activities.
The Reserve Bank is unlikely to lower the interest rates.
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
Fair trade regulator CCI has rejected allegations against Volkswagen.
Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.
'Our pet insurance policy is similar to the health insurance for humans.'
Analysts say investors should increase their exposure to gold up to 10% of their portfolio, depending on their comfort with a 2-year horizon. But avoid investing in physical gold or deposit schemes run by jewellers
Twenty-seven-year old Ritik Bhasin, a partner of event management company Couch Potato, was present in the lobby of the Taj Hotel when the terrorists struck on the night of November 26. Here is his harrowing account of what transpired.
The fire appears to have started from the Roof Mounted Packaged Unit (RMPU- the railway terminology for an air-conditioning unit in a coach).
Former India World Cup-winning captain Kapil Dev hopes that the focus is not just on him, but on the entire squad in the upcoming film '83' which narrates the story of the historic 1983 World Cup triumph. In '83', directed by Kabir Khan, features Ranveer Singh as Kapil Dev, who led the team to India's first-ever World Cup win against the mighty West Indies.
Desis gathered in Times Square, New York, on Sunday, October 16 to celebrate Diwali.
Anuj Chauhan, one of the two persons injured in Thursday's BMW hit-and-run case in New Delhi, succumbed to his injuries at the All India Institute of Medical Sciences on Saturday. Chauhan and his friend Mrigank Srivastav, who were riding a motorcycle, were hit by a BMW in the wee hours of Friday, when they tried to overtake it at the Moolchand Hospital flyover.The BMW was being driven by Utsav Bhasin, the son of an influential businessman, who was reportedly inebriated.
The company's profit stood at Rs 292.79 crore (Rs 2.92 billion) in the year-ago period.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
Director General of Police B S Sandhu said with the arrest of Manish and the army man, Pankaj, all the key accused allegedly involved in the incident, have now been arrested.