Outsourcing is just no more about cost savings but also companies' accessibility to right talent and geographic expansion, a latest survey on business outsourcing revealed.
Announcing a slew of measures for the sector, he said GST-registered micro, small and medium enterprises will be sanctioned a loan of Rs 1 crore in just 59 minutes through a new portal.
Three major companies, Japanese giant Toshiba, Canadian major Bombardier and GE, are looking at manufacturing wagons and coaches in the country.
The 7,480 MW project will be the largest gas-fired power project at a single location in the world and will cost about Rs 20,000-25,000 crore (Rs 200-250 billion). Mukesh Ambani-controlled RIL for the supply of gas from the Krishna Godavari basin, where RIL is developing the largest gas reserves in the world. The matter is currently under litigation in the Bombay HC and a decision is expected soon.
If you were thinking that by raising interest rates, the RBI is only trying to get stricter with credit card holders, think again
As turbines fail and costs shoot up, is anyone accountable for the mess at India's costliest power project.
The annual Global Accountability Report considered Tata Group at number 10, among the world's 30 most powerful organisations from the inter-governmental, non-governmental and corporate sector, to be accountable to civil society, affected communities and wider public.
The team will play three ODIs as part of Israel's 60th anniversary celebrations. The Israel Cricket Association will field an 'Israel Invitation XI' consisting of prominent international players of Jewish extract from around the world.
In a sharp attack on the UPA Government, the Left parties on Wednesday accused it of "aiding and abetting" Israel in its bloody offensive against Palestine and demanded snapping of military and security ties with it. Significantly, the CPI(M) was joined by CPI, Samajwadi Party and the NCP, a constituent of the UPA, in demanding that India should not have any relationship with Israel at the cost of the Palestine.
A majority of CEOs from top Indian companies including ICICI Bank, Bajaj Auto, TVS Motor GE India, and HUL, do not foresee any production slowdown in this fiscal, even as rising input and interest costs are affecting the net profit margins, a CII survey has found.
It has its pros and cons, says Rahul Saha.
"I have always felt that the true value of SEZs must be judged by the extent to which they help promote labour-intensive manufacturing," Minister of State for Commerce Jairam Ramesh said on Wednesday.
Top IT executives discussed the need for change in the role of boards in IT firms to meet the changing scenario of the IT sector.
Like the US, India too has a sub-prime market and it is booming. The success of early entrants like Citi Financial and GE Money has encouraged several others to enter the consumer lending business, nearly half of which is a sub-prime market.
If a science graduate or a B Pharma degree was the minimum requirement for the job of medical representative some years ago, acute manpower crisis and inability to penetrate rural areas have forced the phramaceutical industry
Alfred Absolem, who represented Hyderabad Heroes in the second ICL season, had claimed 7 for 15, much before Pakistan left-arm fast bowler Sohail Tanvir's remarkable figures of 6 for 14 in the IPL.
A little over four years ago, when Ashish Kapur quit his job as an engineer with GE, packed his bags and came back home from America
Banks are shying away from the unsecured lending market, thanks to the rising instances of defaults and recovery woes.The rate of growth in the personal loan portfolio of banks has dipped to 13.2 per cent to Rs 58,669 crore (Rs 586.69 billion) as on February 15, 2008, compared with 30.6 per cent in the same period last year, said the Reserve Bank of India in its 2007-08 report on Macroeconomic and Monetary Developments.
Advantages are not being leveraged fully mainly because of lack of funds, say experts.
Pakistan President Pervez Musharraf has no plans to quit despite the formation of hostile government and will play a low-key role as part of a strategy framed a long time ago, a presidential aide has said. The 'perceived isolation' of Musharraf and his sidelining after the swearing-in of the new government had not happened in a 'haphazard way but is the result of a well thought out strategy', the aide claimed.
Mitsubishi, Itochu, Bombardier, Siemens, GE and Alstom want piece of action.
Business process outsourcing company Genpact has set the ball rolling for a $600 million (around Rs 2,500 crore) initial public offer on New York Stock Exchange
The list of international and national companies in queue to tap the business opportunities arising out of the Indo-US nuclear deal is pretty impressive.
If celebrating Valentine's Day is any measure of being romantic, Indians are Asia's second-most romantic lot with 68.5 per cent of them showing affection for their partners on this day, a survey has found.
Pharma major, Wockhardt Ltd on Tuesday announced the acquisition of Ireland's leading generic pharmaceutical company Pinewood Laboratories Ltd for over Rs 686 crore
Paediatrician Dr Prakash Vaidya tells you what the problem could be and how to treat it.
Promising young pace bowler Ishant Sharma says he is mentally and physically prepared for the upcoming challenge Down Under.
Sourav Ganguly voiced his support for Shoaib Akhtar, saying the Pakistan pacer deserves praise for trying his best despite being indisposed.
Asus ROG Strix Scar II stands apart with its thin bezels, better battery and impressive audio - all worthy upgrades to the Strix Scar launched earlier this year, says Rahul Saha
The US understands that China, India, Brazil cannot afford to sacrifice their economic growth at the altar of cutting back greenhouse gas emissions.
31 passengers are confirmed dead while 12 are still missing, said officials.
Germany became the first country to win a place at Euro 2008 with a 0-0 draw in Ireland on Saturday, while World Cup finalists Italy and France still live in fear of losing out to Scotland.
We bring you an update on the US visa facilitation process from the US Consulate General, Mumbai.
Asian Paints, Cipla, Bharat Forge, Dabur India, Nicholas Piramal and Satyam Computer Services are among the 20 Indian corporate entities that have found place in Forbes' list of 'Best Small Asian Companies'.
Gecis, a business and technology services company, is recruiting Process Associates, Finance Executives and ITES Executives.
Rising wage costs, competition from countries like China, the impending withdrawal of tax incentives under the STPI scheme, the slowdown in the US and the rising rupee have all punctured the optimism of the IT industry.
On the other hand, outsourcing companies can expect an exponential increase in the outsourcing business as fresh loan processing norms are tightened in the US.
The project was linked with the larger interest of the national security, he said.
