The country's economy grew by a robust 9.2 per cent in July-September 2006-07 compared to 8.4 per cent in the second quarter of last year on the back of high growth in manufacturing and services sectors.
Analysts see a silver lining in banking.
The Indian Institute of Management, Bangalore has achieved 100 per cent placement for its batch of 270 students this year within five days, with the highest number of offers being made in the financial sector followed by the consulting sector.
Anil Ambani Group firm Reliance Capital Partners on Tuesday said it along with two other group companies has acquired an additional 4,081 equity shares representing 0.01 per cent stake in Fame India, hiking their stake in the multiplex chain to 13.8 per cent.
Budget may allow use of advance-pricing agreements for past cases.
Planning Commission Member N K Singh on Tuesday said there was a need to emulate and replicate the success of some of the leading Indian manufacturing companies to make the domestic industry globally competitive.
Upbeat on the rapidly evolving entrepreneurial environment in the country, Cisco has created a $40 million (over Rs 240 crore) fund, a first by the networking solutions giant in any of its present geographies.
Over the past week, the BSE benchmark Sensex rose 319.49 points to end at 25,838.71
Constant reinvention of who you are, what you produce, and how you sell it is critical for any tech player
In an hour-long chat on rediff.com on Tuesday, Ganesh Natarajan, former chairman of National Association of Software and Service Companies, replied to many Budget-related queries on IT.
Dr Ajay Kumar, national president of the Indian Medical Association, has alleged that American companies are 'selling recycled prostheses' in India at cheaper prices.
Indian IT firms still have a way to go before they can stand up and be counted among the global giants.
Investors in Sensex companies turned richer in 2009, raking in returns of over 76 per cent on their investments, as the collective market valuation of the 30-blue chip companies nearly doubled to Rs 26.49 lakh crore last year, the Economic Survey said on Thursday.
As part of their special responsibilities, Information Technology industry in India is slowly opening its eyes towards the visually challenged by offering them jobs, training and even taking up infrastructural modifications to accommodate them.
"Every drop counts" - India's mantra for water conservation has multinationals banking on these three words to promote the culture of water management, especially those in the realm of food and beverages.
HDFC worst hit with Rs 9,177 cr erosion; Sun Pharma only firm to have come out a gainer
The proposed comprehensive immigration bill if passed by the Congress and signed into law by the US President would bar companies from hiring people on H-1B visa if 50 per cent of their employees are not Americans.
Cos can apply for PAN card number online through e-Biz portal.
Confederation of Indian Industry has sought higher banking exposure norms for lending to steel projects and infrastructure status to the steel industry, besides tax sops on par with special economic zones to boost the sector.
The opportunity is huge. With Rs 8,000 crore worth of defence contracts signed in the last two years under the offset policy mandated by the government, Indian component suppliers are gearing up to cash in on balance contracts worth Rs 1,30,000 crore, which would be up for grabs in the next few years.
The ministry has asked the oil marketing companies to further step up their efforts to curb adulteration of petroleum products.
Foreign multinational drug makers, barring GlaxoSmithKline Pharmaceuticals, continue to have a miniscule presence in the domestic market even after the product patent regime came into being.
Aiming for a work culture that helps balance work and family responsibilities, every three in five Indian companies plan to hire more mothers on a part-time basis over the next 24 months, a survey says.
The companies are Harig Crankshafts, Prag Bosimi Synthetics, Rathi Ispat, Harvic Management Services India, Wisec Global, International Hometex, Advance Multitech, Konkan Tyres, Hinafil India, Virtualsoft Systems, Sri Jayalakshmi Spinning Mills, Sriven Multi Tech, Padmanabh Alloys & Polymers, Nuway Organic Naturals India, IFSL Ltd, Triumph International Finance India, Vital Communications and IQ Infotech.
No one is disputing that the e-commerce market is growing dramatically in India
In the ranking of top-10 firms, TCS stood at number one position
Development issues of vital interest to India are expected to receive focused attention at the G20 Summit beginning in Cannes on Wednesday, a Ficci Paper on the B20 Working Group on Development said.
The small sized Austrian wine market is set to make a bid for the growing thirst in India.
The Cellular Operators Association of India on Wednesday telecom regulator TRAI's order for slashing roaming charges by up to 56 per cent and said the move could lead to increase in basic tariffs.
While revenue growth of 10-20% is possible in 2013, valuations may trend lower on margin pressure.
Market valuation of TCS surged by Rs 26,677.87 crore.
A vast majority of software companies are able to realise between 80 to 100 per cent of their cost savings goals from offshoring, according to a survey.
The chances that US President Obama will achieve a near-universal healthcare system have dramatically improved after a lone Republican, Senator Olympia Snowe of Maine, prepared to vote with Democrats for a compromise proposal. This gives Obama a much better chance of achieving the 60 votes he needs to pass a Bill in the Senate.
With uncertainty over economic prospects and higher interest rates leading to subdued investments by the private sector, Indian companies' new order inflows in the quarter ended December 31 stood at the lowest level in nearly four years.
Sebi found a typical pattern in trading of shares of these companies.
The finance ministry has started the process of drafting rules for listed companies to increase public holding in case promoters hold more than 75 per cent stake.
Congress should pass laws that create US jobs, not destroy them," said Marc Apter, president of the Institute of Electrical and Electronics Engineers-USA.
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RBI is scheduled to announce monetary policy on Tuesday.
RIL has proposed to charge the government- fixed rate for natural gas on a gross calorific value (GCV) basis, instead of net calorific value (NCV).
Domestic companies are going slow on expat hiring while sharpening their focus on getting Indians with requisite global experience, and this trend is likely to continue for two more years, HR experts say.
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