US President Barack Obama's India visit, marked by "high-end symbolism", is a signal to businessmen of both countries to look for opportunities from each other, Mahindra Group Chairman and Managing Director Anand Mahindra has said.
The 2009 BRIC Services Business Outlook survey by global consultancy KPMG signals an improvement in confidence in April after a sharp drop seen in October, 2008, amid the economic crisis. The BRIC Business Outlook Survey shows that India's service sector is set to grow solidly in proceeding 12 months. A net balance of 31.1 firms foresee their activity levels expanding, up from 15.3 last autumn to 60.3, it stated.
Having spent the first 90 days meeting employees and key clients, Jeya Kumar, new CEO of Patni Computer Systems, is clearly in control. While he acknowledges concerns due to the current slowdown, he has started restructuring the company. He details the growth plans in a chat with Business Standard's Shivani Shinde.
Here's how Westside scored over Shopper's Stop.
Several companies have hit on the idea of offering college freshers pre-job training to make them more employable.
The company, which has filed its documents with the market regulator, Securities and Exchange Board of India, is also looking to raise up to Rs 50 crore (Rs 500 million) by pre-IPO placement of up to 10 million shares.
Fans go crazy watching their superstars
Oxford University, which is on an overdrive to woo students from India on Wednesday announced plans to set up a research centre on Indian business.
A high-level inter-ministerial task force wants the business of narcotics to be simplified, something which, it said, would be an opportunity for the over $17-billion Indian pharmaceutical industry.
First Gulf Maharashtra business convention titled 'MahaBiz 2010 Dubai' organised by Gulf Maharashtra Business Forum (GMBF) in Dubai, on 23rd and 24th April 2010.
The telecom tower-transmission business is going to see a shake-up with cash-rich and independent companies moving in with aggressive plans.
The Mumbai-based company will take on Hero Honda, Bajaj Auto and HMSI and will have models in the 100cc, 125cc and 150cc mobike segments, and also in the ungeared low and high-powered scooter segments. Hero Honda has a 60 per cent share of the motorcycle segment, while HMSI commands a 58 per cent of the scooter market. Anand Mahindra said: "Our two-wheeler project is complete; we have already begun marketing the fleet in Bangalore."
The government is committed to connecting every single panchayat in the country with high-speed Internet in two years, Minister of State for Communications and IT Sachin Pilot said.
Bengal Inc wants politics to be kept out of business by the new government that will be decided in the ongoing assembly polls in West Bengal as they believe the prosperity of the state has taken a beating on account of political differences and issues.
According to sources familiar with the developments, Barclays may review several options, including the sale of its credit card operations in India.
The new unlisted firm will include Wipro Consumer Care & Lighting (including furniture business), Wipro Infrastructure Engineering (hydraulics and water businesses) and Medical Diagnostic Product & Services business, Wipro said in a filing to the Bombay Stock Exchange.
Sone New Year resolutions for corporate America's leaders.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
Abheek Barua on buzzwords and catch phrases that hogged the headlines in 2008 but are now passe.
At malls, the owners are facing problems to attract customers but at the same time the shopkeepers are expecting to generate good business in the coming days. Kishore Biyani-led Future Group that owns Big Bazaar, has seen good business because of its on-going festival - 'The Great Indian Shopping Festival' at the mall.
In a bid to get more returns from its properties, Life Insurance Corporation of India has identified 70 sites, spread across the country, for development of either residential or commercial projects.
International traffic dropped by about 10 per cent and domestic traffic by about 24 per cent compared to the same period last year, predominantly as a result of the terror attack in the country's financial hub Mumbai, says Himanshu Singh, managing director, travelocity.co.in, an online portal.
The economic slowdown, which has come like an avalanche in the last few months, has changed the way the country's top management consultants do business.
About $70 billion is spent globally on handwriting records; scanning, storing and 'reading' them requires handwriting recognition software.
Under the agreement, SBI would hold a 74 per cent stake in the new entity that would be set up for providing the business, while the Australian partner would hold the remaining, SBI said in a filing to the Bombay Stock Exchange. In May this year, both parties had said they would enter into an agreement to form a new company for the proposed insurance business. However, the JV is subject to regulatory approvals, it added.
As a part of this strategy, the company is rolling out its first brand campaign in India roping in real-life business heros and entrepreneurs to endorse its products, especially targeting the small and medium businesses. This is in a slight change in its marketing strategy which was earlier largely focussed on the large enterprises.
The delivery of Freedom251 smartphones is expected to start in April after which the company will start the second round of bookings.
Currently, the KPO market size is estimated to be about $5.5 billion and the sector is growing by about 15-17 per cent, dominated by professionals belonging to fields such as management, medical and engineering, the chamber said.
Indian businesses are changing to deliver better value to customers and maintain their position in a fiercely competitive scenario using information technology, according to a survey conducted by University of California in association with IIT, Bomb
After establishing its dominance in the export of bulk drugs (raw materials for medicine production) to India, the Chinese drug industry is exploring ways to enter the final frontier in drug production - the finished goods or formulation business - in the country.