This is the lowest level of BCI in the last six quarters, the latest NCAER-MasterCard Worldwide Index of Business Confidence said.
RIL chief Mukesh Ambani said the company was fully geared to participate in India's growth and continued global recovery in the coming years.
Implementation of GST is expected to increase the gross domestic product of the country.
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Departmental spending is on the rise, specifically sales and marketing costs, the latest edition of the Regus Business Confidence Index said.
The World Bank group has been publishing annually 'Doing Business Report' since 2004.
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If the operating principle is that all members of a family must be given an equal role in the business and that they will not make way for better managers who are not members of the family (in other words, the feudal principle), it is hard to see such a company prospering for long in a competitive market.
Govt has taken corrective steps to revitalise investor enthusiasm, spur growth, and tame spending.
IndusInd Bank, along with Axis Bank, Dhanlaxmi Bank and Karnataka Bank, have evinced interest in acquisition of the credit card business of Deutsche Bank.
Tata has invested in close to 10 companies, mostly in the e-commerce space, including Snapdeal and Chinese handset maker Xiaomi.
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Majority says that candidates lack technical skills they seek.
Income earned by foreign technical consultants for providing monitoring services to Indian entities will be taxed at higher rate as business profits, the Authority for Advance Ruling has said. Referring to the contract between the Australian company and GAIL, the AAR said that monitoring activities undertaken by the foreign company was not within the scope of the DTAA between Australia and India. The Australian firm was acting as a project monitoring consultant.
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Wipro has announced changes in the management structure of its IT business and expansion of its board. The firm appointed Girish Paranjpe, Suresh Senapaty and Suresh Vaswani to the Board of Wipro Ltd. Wipro also re-structured its IT business by appointing Girish Paranjpe and Suresh Vaswani as joint-CEOs. Paranjpe was the president of the banking, financial services & insurance business unit of the global IT business of Wipro. Suresh Vaswani was the president of Wipro Infotech
Wipro has announced changes in the management structure of its IT business and expansion of its board. The firm appointed Girish Paranjpe, Suresh Senapaty and Suresh Vaswani to the Board of Wipro Ltd. Wipro also re-structured its IT business by appointing Girish Paranjpe and Suresh Vaswani as joint-CEOs. Paranjpe was the president of the banking, financial services & insurance business unit of the global IT business of Wipro. Suresh Vaswani was the president of Wipro Infotech
According to a report by global research firm Dun & Bradstreet, the composite Business Optimism Index for the second quarter of 2008 has decreased to 153.7 from 168.9 in the previous quarter. This is a 9% fall. BOI measures the pulse of the business community and serves as a reliable benchmark for investors and is arrived at on the basis of a quarterly survey of business expectations. The optimism index for profits represents a decrease of as much as 21 percentage points.
Jon Wilkins, founding partner of Naked Communications, which gives communication consultancy to some of the world's biggest companies such as Coca-Cola, Nestle and Nokia, is looking for people to set shop in India. Initially, he wants to work with only three people here, who have an entrepreneurial spirit & an understanding for brand strategy. He is attracted to India for 3 reasons - India is ready for change, ad market here is growing rapidly and new channels are opening up.
The Reliance Anil Ambani group is believed to have decided to enter the commodity trading business by setting up a large exchange in the country as part of its plans to capitalise on the vast opportunities in this market.Kotak group is also mulling over setting up a commodity bourse by acquisition of some regional exchange to get the platform and other technical support, sources close to the development said.
The International Monetary Fund has said that it would be prudent to gain sufficient experience by implementing a comprehensive framework before deciding on the entry of 'mixed groups and conglomerates' into commercial banking.
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Led by Zweli Mkhize, minister of Finance and Economic Development of KwaZulu-Natal Province, the delegation would include government officials and leading businessmen representing different sectors of the South African economy. Making the announcement in Durban on Monday, Indian Consul General Harsh Varshan Shringla said the Conclave, organized by the Confederation of Indian Industry and the Export Import Bank of India, has created trade benchmarks.
Real estate market in the national capital region is likely to be hit by the steep rise in steel & cement prices. Caught between oversupply of sales of residential properties and rising steel & cement prices, property developers may be forced to review property prices. But realty developers will not pass on the burden to buyers and will try to absorb the shock of the rise in steel & cement prices. Pushing up real estate prices may hinder potent buyer from buying properties.
Camera makers are getting bullish on Indian markets as the consumer base here is increasing. Major camera brands are banking on retail sales in India. For this, Nikon has tied up with consumer electronics retail chains such as Croma, while Sony India has exclusive retail store network. Samsung has tie-ups with Reliance Digital, Croma, and other multi brand outlets. But all the brands face stiff competition from grey markets that are canabalising the brands' share in retail.
According to a survey of global management consultant firm Booz & Company, 64 per cent of the executive surveyed said that their companies have too many conflicting priorities.
Merger of the three key ministries is expected to help in removing the hurdles in these areas.
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The discussions are 'indicative and non-binding' in nature.
Letsgomo Labs has a 76-member team.
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Corporates are foraying into portfolio management services, with biggies like Reliance Money, Bharti Axa, Tata Capital and others taking the plunge.
The development comes on heels of the company closing its blast furnaces in France and Belgium.
Typically, airlines offer discounts to companies committing a fixed business during the year.
India, China must further strengthen business ties for growth.
Jeanne Sheldon, corporate vice-president (office authoring solutions), Microsoft talks about the vast opportunities of mobile business.
MindSquare Technologies is a group company of 1neoteric Technology.
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Pvt life insurers are planning to foray into health covers, with standalone health insurance policies.
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