Corporate Affairs Minister Sachin Pilot intoned, "Recent incidents will certainly dampen business confidence and investment sentiment, both domestic and foreign; and perhaps also negatively affect decision making by bureaucrats and policy makers."
In a major initiative expected to give a big boost to its consulting and enterprise business applications space, Satyam Computer Services Ltd on Friday announced the launch of 'Futurus', a state-of-the-art business solutions laboratory in Chennai.
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The business intelligence applications in India is poised to grow to $70 million by 2007, registering a compounded annual growth of 29.4 per cent, a report by Frost and Sullivan, a global growth consulting company said.
Max India on Monday said it would completely exit from the telecom business by divesting its meagre stake of about two per cent in the cellular operator Hutchison India to raise funds for its healthcare and insurance services.
Seeking to minimise the impact of the recent headline-grabbing moves, he said there had only been one instance of compulsory licensing.
Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion, talks to Subhayan Chakraborty about India's performance on the World Bank's ease of doing business ranking.
LCD displays could be produced in India in the near future.
Despite optimism about export prospects, investments and recruitment in the next six months, India Inc's business confidence index fell in the fourth quarter of fiscal 2004-05 compared to the previous period, a FICCI survey said on Monday.
Survey shows pessimism on operating parameters and overall economy's prospects has risen sharply; companies want measures to revive growth
Most of the Indian businesses of overseas multinational companies seem to perform better than their parent entities, with many recording good performance in the first three months of 2009.
netCustomer, Inc, a leading provider of innovative services leveraging a global delivery model, on Wednesday launched a new centre in Noida as part of its expansion plans in India.
The awards, aptly named, 'Transforming Our World -- 2011 Excellence Awards', were presented for community leadership to Swatantra Jain of Vinmar International Ltd and Avinash Ahuja of Magnum Producing Company.
The outsourcing industry believes the growth of the LPO is expected to be between 50 and 100 per cent. Forrester Research, an independent technology and market research company, has projected the offshoring of 29,000 legal jobs by the end of the year and as many as 79,000 by 2015. When a company files for bankruptcy protection or various forms of bailouts take place in the US, there arises a need for legal work associated with such events.
We are looking at a 600-bed hospital from the existing 230 beds, which will help us create new specialities.
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The Paris-based global drug giant announced last week that it would have the vaccine available by the first half of next year.
Arundhati Bhattacharya, the chairperson of country's largest bank SBI, has been named as the most-powerful woman in business in India by Fortune magazine.
Eyeing a 10 per cent stake in the overall revenues, the three-wheeler manufacturer Piaggio India has entered into used vehicle business for its vehicle Ape.
Mumbai-based full-service carrier Jet Airways has announced a 25-40 per cent cut in business class fares for destinations ranging from London, New York and Toronto to Singapore, Bangkok, Hong Kong and Gulf countries.
The Securities and Exchange Board of India is working on building a strong business platform for scalability and improving the quality of intermediaries, Chairman G N Bajpai said on Saturday.
As per the terms of the partnership, Quippo telecom would hold 49 per cent in the new entity, while Tata Teleservices's Wireless-TT Info-Services Ltd would hold the remaining. Despite a low stake, Quippo would control the management. Quippo Telecom Infrastructure, which is a Srei Group company, would have to pay Rs 2,400 crore (Rs 24 billion) cash upfront for 30 per cent stake in WTTIL.
The original intention of the 15-km restriction was to ensure timely service to customers, especially in the rural areas. But now, new generation private banks do not have an extensive branch network in semi-urban and rural areas.
The report further added that 'the Indian entrepreneur today is optimistic, willing to take risks and is prepared to accept failure. India is on an entrepreneurial growth trajectory. The beginnings are already in place and steps have been taken in the right direction.' According to the entrepreneurial India state-level confidence index, Andhra Pradesh has the highest confidence score of 4.14 and is much above the national average of 3.31.
Troubled banking giant Citigroup on Friday said it has completed the sale of its German retail banking business to European banking group Credit Mutuel-CIC for euro 5.2 billion ($ 6.6 billion) in an all cash deal.
Assuring red carpet to investors, Commerce and Industry Minister Nirmala Sitharaman on Thursday said the government is fully committed to creating business-friendly environment to boost the manufacturing sector which will push India to a higher growth trajectory.
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Very high GDP growth which is driven by lots of concessions to large corporates.
Leading retail chain Tesco is planning to get into the banking business by offering current accounts and mortgages to consumers, a media report said on Wednesday.
The stressed asset business will be a mix of an ARC and a distressed asset fund. Ambit has already started insurance brokerage and equity research and sales businesses this year. It closed a $100-million private equity fund called Ambit Pragma Ventures recently. It is also keen on starting proprietary trading.
Many British companies employ foreign professionals when the required skills and experience are not available within the United Kingdom or European Union.
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Hero Corporate Service Ltd chairman Sunil Kant Munjal said the foray is a part of the company's plan to 'unlock opportunities and deliver value' in the country's booming service sector.
Banking and insurance services were paralysed on Tuesday as their staff and officers joined public sector employees on a day-long nation-wide strike
You can always train a good person in whatever field that he chooses but an organisation can never imbibe a person with qualities like integrity, morality and ethics.
Sector observers refute, call response a bluff.
The name of the company could not be disclosed as per the confidentiality clauses of the agreement inked by Tech Mahindra.
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