The first reason is engineering services, says Anant Gupta
In yet another high profile exit at Infosys, India's second-largest information technology (IT) services company, Ashok Vemuri, head of operations (Americas) and global head (manufacturing and engineering services), has resigned.
The operationalisation of the Air India Transport Services Limited, which would carry out ground handling activities, and Air India Engineering Services Limited that would be responsible for maintenance, repair and overhaul activities, would slash Air India's aircraft to manpower ratio by more than half.
The 17-year old girl travelling with her uncle in a three-tier AC compartment raised an alarm at 4 am when the armyman was making an attempt to molest her as the Rajdhani Express was passing between Lumding and Chaparmukh stations, a NF Railway spokesman said.
The electric vehicle will be a part of Michelin Challenge Design display at the event.
The CCEA approved the TAP and the airline's financial restructuring plan, which includes additional equity infusion by the government.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
'Women were not allowed in the Territorial Army before January 5, 2018. Presently girls are not allowed in Sainik Schools and Rashtriya Military schools. Women are not allowed in the army education corps, in the engineering services (as permanent commission), they can't be religious preachers in the army. There's a need to change with the times.'
NIA officials said the fact that only four AK-47s were recovered from the site and that only four terrorists crossed into Punjab supports this idea.
Mahindra & Mahindra, the tractors to information technology conglomerate, will launch its first indigenously built aircraft before March, at a price at least 20 per cent cheaper than an equivalent aircraft of Cessna, the market leader.
Led by engineering services sector, the projected jump of 12.9 per cent in salaries for this year is higher than the actual increase of 11.7 per cent seen in 2010.
An Army man and his relative have been arrested in Kutch district by the Gujarat Anti-Terrorist Squad (ATS) on charges of spying and passing on Indian Army's confidential documents to Pakistan-based intelligence agencies, ATS officials said.
Indian information technology and business process outsourcing (BPO) sectors may get almost $10 billion from Germany, Switzerland and Austria by 2020, up from the $2.6 billion they earn from this region across the IT, BPO and engineering services space, against the addressable market size of more than $53 billion.
Stewarts & Lloyds of India Ltd will buy Tata Korf Engineering Services Ltds furnace division.
Airline told to transfer non-core assets, subsidiaries to special purpose vehicle
In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.
Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs
Indian information technology companies are eyeing the $10-billion medium multi-role combat aircraft deal, up for grabs from the Indian Air Force.Of this, about $1-1.5 billion (Rs 4,600-6,900 crore) is the size of the total IT integrated services pie, that would include engineering services and IT services, said industry sources.Six global vendors -- Boeing, Lockheed Martin, Mirage, Russian Aircraft Corp's MiG, Saab and Eurocopter -- have been shortlisted.
The company also has identified eight focus areas such as engineering services, enterprise application, infrastructure management and enterprise transformation services. HCL Technologies' acquisition strategy is three fold; smaller tuck-in buyouts are targeted towards purchasing firms that bring intellectual property to the company.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
According to Nasscom, India must make its R&D significantly more robust to realise the 'Make in India' dream
Following Hyderabad-based GMR Infrastructure's successful bid for the new Istanbul airport and DS Construction's acquisition of energy company Globeleq's US assets, many mid-size infrastructure companies are planning to venture overseas.
Indian companies, led by the Tata group, Essar and HCL Technologies, among others, have created more than 30,000 jobs and made large investments in the United States, a joint report of the Federation of Indian Chambers of Commerce and Industry and the US India Business Council said.
Citec Engineering India, which employs half of Citec's global workforce, is planning to increase its headcount in India from 255 to over 350 by the end of this year, said Martin Strand, CEO, Citec. "We hope to become a significant player in India in the engineering services for power, oil and gas industry, considering the development in the sector. We target to double our Indian business within two years," he said.
Value-carrier JetLite, formerly full-service airline Air Sahara, which was bought by Naresh Goyal last year, will offer a voluntary separation scheme to 750 employees who have been with the airline for one year or below, Chief Operating Office Rajiv Gupta confirmed on Friday.
Teamcenter would look to provide end-to-end management of the medical devices industry's product lifecycle. It would enable companies to fully trace all activities from concept to retirement by automatically linking compliance requirements with engineering and specification data, it said.
Satyam Computer Services, a leading global IT services company, on Wednesday signed an estimated $200 million (around Rs 900 crore) five-year contract with California-based Applied Materials
"We are ready with our money but it's so difficult to get a business visa to India,'' said Dr Abdul Rahman A Al Rabiah, managing director of Alrabiah, a consulting and engineering services company. Quoting instances, Rehman said, "Business leaders who have five-year multi-entry visa into the UK and Europe are merely given a three-month visa for India.''
What started as a "low-cost support industry", is now a sector specialising in knowledge-intensive processes. Recognising the specialised skill sets built up by the Indian IT-BPO industry in new and emerging areas such as engineering services outsourcing, remote infrastructure management and animation and gaming, Nasscom has released focused research reports on the potential opportunity in these segments.
Infosys announced on Wednesday that product engineering services and development was 1.2 per cent of total revenues.
The company expects the division to add double-digit growth to the company's top line during the current financial year, he said.
The aerospace technology outsourcing market in India will touch $1 billion by 2009, according to Nasscom.
Increments in 2017 would be less than in 2016, says survey.
Big and small domestic IT firms are busy positioning themselves to snap up the $8 billion market opportunity that the aerospace sector has created.
An National Investigation Agency court in Punjab on Tuesday issued proclamation notice against Pakistan-based terror outfit Jaish-e-Mohammed's chief Maulana Masood Azhar and three others, asking them to appear before it on March nine in connection with last year's brazen attack on Pathankot IAF base.
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