Information technology, consulting and business process services company, Wipro on Thursday announced that it has signed an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. "Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. "We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region," CEO APMEA, Wipro, N S Bala said. Wipro's new operating model emphasises strategic investments in focus geographies, proximity to customers, agility, scale and localisation, the Bengaluru-headquartered company said in a statement.
The survey also revealed that 17 per cent Indian women are not satisfied with their job security, lower than their male colleagues.
Anil Ambani-led Reliance companies have bagged three awards including the Asia-Pacific Project Sponsor of the Year, announced by Project Finance Magazine of Euromoney Publications on Monday.
The 37 year old former beauty queen turned showstopper for Kolkata based designer Ruceru.
According to a study by the firm, the average sequential growth of ad spend in the Asia-Pacific region during the quarter was 18 per cent.
Emerging Asia - China, India, Indonesia and Thailand - is fast becoming the main engine of growth in the Asia-Pacific region.
According to the global professional services company, the sharp fall in the value of the rupee against the US dollar in 2013 contributed to reducing labour costs in India.
So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
FC Barcelona's Asia Pacific director general Jordi Camps believes it is a matter of time before an Indian plays in Spanish top-flight.
The pipeline will enable Moscow to enter markets in Asia- Pacific region and reduce dependency on European customers.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).
Kalanithi Maran's Sun Network and Subhash Chandra's Zee Entertainment, the two homegrown media companies, have maintained their number one and two positions, respectively, in the Asia-Pacific pay broadcaster ranks for the second year in a row.
APEC is an important forum that brings together the dynamic economies of the Pacific Rim and Singapore is an important partner on a range of regional and global issues.
As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.
Majority of the employees in the Asia-Pacific region feel that new technology devices like smartphones and laptops have boosted their productivity, says a survey.
The increase in infrastructure spends in the country is likely to be driven by sectors like housing, telecom, healthcare, education and transportation.
'Even though as Xi will seemingly continue to stay in power beyond his third term, competitions for the post-Xi leadership would be inevitably unfolded beneath the surface of water, and that will be a big headache for Xi the dictator.'
Consulting and IT services giant Accenture announced two new services - digital and strategy - and key appointments to enhance its position in growth markets like Asia Pacific, Africa and Latin America.
After several years of downgrades to the country's medium-term growth outlook, the estimates are likely to be upgraded now, Credit Suisse said in a report. The country's economy is showing signs of bottoming out, it said. According to the report, the consensus forecasts of GDP growth for FY2022 over FY2020 stopped falling after October 2020 (currently at (-) 1 per cent). Analysts at Credit Suisse expect these estimates to be revised upwards.
Satyam Computer Services (rebranded as Mahindra Satyam) has recovered 32 clients of Satyam since May. The company has close to 420 clients at present -- down from the approximately 500 clients it had before takeover.
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
As per Hewitt's annual Salary Increase Survey 2009-10, the double-digit hike in salaries are anticipated for this year led by sectors like telecom, engineering, pharma and energy.
Indians are ultra conservative when it comes to taking personal or business risk and are also the most reluctant to use the services of financial advisers than their peers in the Asia Pacific region, reinsurance major Swiss Re said in a survey.
Banga's exit is being seen as a blow to Citigroup CEO Vikram Pandit, who said in a speech this week that the bank would look abroad for growth as the US economy slows. At MasterCard, he will be responsible for key business operations, including customer relationships globally, products, services, marketing, technology and operations.
Indian consumers are the most optimistic lot in the Asia Pacific region, says a study that gauged their mood for the second half of 2009.
General Motors (GM) India Limited plans to export Beat, its compact car to Europe and countries in the Asia Pacific region, from January 2011.
The head of Citigroup's Asian operations ruled out selling the US group's stakes in Chinese and Indian banks.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
A Deloitte survey found that the CEOs in the Asia-Pacific region are optimistic about their company's growth over the next 12 months, despite the economic downturn.
Communications solutions and services provider British Telecommunications' (BT) Indian arm, BT India (BTI), on Tuesday said it will invest 375,000 pounds (about $558,418) for setting up its Asia Pacific security operations centre (SOC) in the country.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
According to Colliers International's annual parking rate survey, average cost of parking a car in Sydney's CBD is Australian $733 a month, making it the fifth most expensive city in the world, AAP reported on Tuesday. The only more expensive city in the Asia Pacific for parking is Hong Kong, where the average price is $748 (Australian $939).
According to the survey by Hong Kong-based HR Business Solutions, Asia Pacific's average pay increase (expected) for 2010 is 4.8 per cent, higher than an actual pay increase of 3.2 per cent in 2009.
While overall IT budgets were expected to decline by 3.1 per cent on an average.
PC shipments declined by 10.9 per cent to 76 million units in second quarter of 2013 from 85.32 million units in the same period last year, preliminary data by Gartner said.
Indian tennis ace Sania Mirza, making a comeback from a wrist injury, went down fighting against her nemesis Ana Chakvetadze, resulting in team Asia-Pacific's 0-2 defeat against Team Russia at World Team Challenge tournament in Hong Kong on Thursday.
The Centre could better its fiscal deficit at 6.6 per cent of GDP in this financial year on stronger-than-expected revenue buoyancy, even if the budgeted disinvestment target is not met, Fitch Ratings has said. The international rating agency had last week kept the sovereign rating unchanged at 'BBB-' with a negative outlook, and said that the risks to India's medium-term growth outlook are narrowing with rapid economic recovery from the pandemic and easing financial sector pressures. In an email interview with PTI, Fitch Ratings Director (Asia-Pacific Sovereigns) Jeremy Zook said the two key positive triggers that could lead to a revision of the outlook to stable are implementation of a credible medium-term fiscal strategy to lower debt burden and higher medium-term investment and growth rates without the creation of macroeconomic imbalances, such as from successful structural reform implementation and a healthier financial sector.
'Total rewards' is a talent management strategy sketched around three factors -- compensation, including basic pay and incentive; benefits inclusive of retirement plans and work-life programmes; and careers which incorporates stretch assignments, training and development and other opportunities within the country.
India is expected to see the highest salary increases among nations in the Asia-Pacific region, of around 10.8 per cent this year, due to the huge demand for talent in the country, despite the global economic crisis severely impacting overall wage increments in the region, a study says.
