The IT-ITES industry is going to difficult times with the slowdown in the global economies. The volume growth is now a worry. The Companies have stopped recruiting and are sitting on a bench strength.
Genpact, the country's largest business process outsourcing firm, today announced the acquisition of Axis Risk Consulting, a risk consulting firm, for an undisclosed sum.
Based on information from 10 pharmaceutical companies based in North America and Europe, a recent Jones Lang LaSalle Meghraj report said these were keen to set up their manufacturing units in India or expand their existing units. Taken together, these would need about 15,000 acres over the next seven years to set up research and development centres, new units and to expand the existing units.
The comic book movie, which has seen various efforts to bring it to the screen over the last two decades, grossed over the weekend a decent but unspectacular $83 million, nearly 55 percent of it in North America. Slumdog, which was number one film for just one week in its dream run worldwide, made about $18 million. It lost about 35 percent of its box-office clout after having soared to the top amidst post Oscar celebrations.
Harish Thawani, Nimbus Communications' flamboyant CEO, wants to take the Neo sports channel to such new markets as Malaysia, Thailand, Indonesia Europe and North America. The aim, he says, is to achieve an over 50 per cent growth in market share next financial year.
'We believe the American people deserve to have full transparency into all vote counting and election certification, and that this is no longer about any single election. 'This is about the integrity of our entire election process,' Trump said in a statement issued by his campaign on Friday.
Leading contract drug maker Jubilant Organosys on Friday announced the acquisition of Canadian speciality drug company DRAXIS Health for $255 million (around Rs 1020 crore). The board of DRAXIS has given its unanimous approval and the transaction is expected to close in the second quarter of 2008 after the necessary shareholder and court approvals.
Modi was addressing the State Dinner hosted in his honour by US President Joe Biden and First Lady Jill Biden at the North Lawn of the White House.
English Premier League club Manchester United suffered the first defeat on their pre-season North America tour when they were upset 2-1 by the 10-man Kansas City Wizards in Kansas City on Sunday.
The company's revenue rose by 11.7 per cent to Rs 27,364 crore.
London-based Institute of Jainology received a Heritage Lottery grant of 375,000 pounds towards the creation of an ambitious online multimedia resource which will illustrate Jain manuscripts and artifacts held by major British libraries and museums. While some in the Jain community have congratulated the institute, others have been very critical of it for accepting this money, thus dividing the Jain community in North America and England.
Mumbai dancers fuse lyrical hip hop and b-boying with elements of American cheerleading and trapeze-esque bits from the circus.
TCS, Wipro, Infosys, Sasken may feel the heat as Nortel files for bankruptcy protection.
Paranormal Activity, which stands at number five on the American and Canadian box office charts, may be arguably the biggest success of the decade.
Mills & Boon has launched its own publishing operation in Mumbai in the expectation that India will rapidly become the world's largest market for romantic fiction outside North America.
Glenmark plans to start selling its anti-diarrhoea drug, Crofelemer, by the first-half of 2010 across the globe, except in North America, Europe, Japan and China, the company said. The confidence to sell the drug ahead of its rivals comes as the Crofelemer's original developer, Napo Pharmaceutical Inc, recently entered into a tie-up with a US-based drug maker, Salyx, for selling the drug in the US market, paving the way for Glenmark to sell it in the rest of the world.
Under Glenmark's 2004 collaborative deal with Forest, the latter had the right to develop and sell the asthma and chronic obstructive pulmonary disorder drug in North America for an upfront payment and additional fees for each developmental milestone that could total $190 million in all. Upon commercialisation, Glenmark will retain the rights for selling the drug for the rest of the world while Forest will continue to sell the drug in North American.
"Venkat Reddy met a 23-year-old Mexican woman through Internet dating, had a meal at Wendy's restaurant, and drove to a nearby EZ Rest motel around 2 am. This woman's boyfriend and four other cronies who were already waiting at the motel robbed Venkat and shot him to death," said Prasad Thotakura, TANA executive vice president.
Global wealth fell from $104.7 trillion in 2007 to $92.4 trillion in 2008.
Al-Qaeda is obsessed with using commercial airliners to carry out terror attacks and it may try again to use aircraft to strike Western targets, a leading British defence think-tank warned on Tuesday. The warning comes a day after three British men of Pakistani origin were convicted of plotting to blow up flights from London to North America using bombs disguised as soft drinks.
Tennis accounted for nearly three quarters of all the suspicious betting alerts issued last year, the European Sport Security Association (ESSA) said in a report published on Thursday.
Dr Wahid Baloch is President of the Baloch Society of North America spoke on the recent Indo-Pak joint statement in Egypt and what it means for the Baloch fight for freedom.
Recitations from ancient Hindu scriptures reverberated in a Christian church in Nevada on the occasion of Thanksgiving eve service. Rajan Zed, a prominent Hindu chaplain, read from the Rig Veda, the Upanishad and the Bhagavad Gita in the Trinity Episcopal Church in Reno, Nevada, during the twenty-second Annual Thanksgiving Service of Northwestern Nevada held on Wednesday evening. Various faith traditions in northwestern Nevada came together to share the spirit of love.
From a teledensity (number of phones in use for every 100 individuals) of just 1.4 per cent in 1995, India today has reached a teledensity of over 50 per cent, with big cities like Delhi, Mumbai, Kolkata, Bangalore, etc going up to 130-140 per cent, same as in Europe and North America.
The Telugu flick starring Chiranjeevi's son Ram Charan Teja will release in 14 countries.
New Moon is in imminent danger of being eclipsed by the DVD/Blu-ray Disc/DVD combo of James Cameron's Avatar which hits the stores April 22 to mark Earth Day.
Automobile firm Hindustan Motors today launched sports utility vehicle 'Outlander' in the country, priced at Rs 20.2 lakh) Rs 2.02 million), ex-showroom.
And just what were these cool guys discussing?
Stephen Spielberg's How To Train Your Dragon could face major competition from Clash of the Titans as well as Alice in Wonderland at the US box office.
Terminator Salvation is a big winner, after all.
The event is being organised jointly by the Indian Institute of Science Alumni Association of North America, Pan-IIT, India Community Center and TiE Silicon Valley.
India is likely to benefit from the exodus of high tech jobs from North America as over 6 million jobs are expected to shift overseas in a decade.
'When the gold price rises rapidly, India's physical gold market remains on standby.'
Dr Arun Vakil describes life in America as an Indian student. He gives pointers for social interaction and provides online resources for US-bound students.
