The merger, in which TCS will hold 51 per cent stake and Mitsubishi 49 per cent, will create a new IT services company of significant scale in the Japanese market with annual turnover of over $600 million.
Amid increasing calls for protection of American industries and banning outsourcing of IT services to countries like India, China and Brazil, Chairman of the US Federal Reserve Alan Greenspan.
Are big companies dictating our lives? Or is it the fanciful imagination of a few?
It hopes to provide an alternative to the current trend of globalisation as it 'benefits a few rich countries at the expense of the poor'.
He may make a comeback as co-chairman at India's second largest software exporter.
Reserve Bank of India expects the average annual inflation to come down to 2 to 3 per cent in the coming years, its deputy governor Rakesh Mohan said on Monday.
Addressing a public reception in Sikkim's Pelling, Singh accused Pakistan of trying to "destabilise" India by fomenting trouble in Kashmir. "But I want to tell all of you that our government will find a permanent solution to the Kashmir issue," he said, without elaborating.
Gross non-performing assets of public sector banks surged to 9.32 per cent (Rs 4.76 lakh crore) of advances in 2015-16, from 5.43 per cent (Rs 2.67 lakh crore) in 2014-15.
Declaring that India was working on eliminating trade and investment barriers, Prime Minister Atal Bihari Vajpayee on Tuesday advocated a trade turnover of $30 billion with ASEAN by year 2007.
'We are against Alibaba investing in Paytm.' 'We are against the concessions given to Paytm.' 'In fact, we want Paytm to close down because of its alliance with Alibaba.'
On a visit to India in 2013, writer Ved Mehta -- who passed into the ages on Sunday January 10, 2021 - gave Rediff.com's Vaihayasi Pande Daniel a rare glimpse into his state of mind and what he thinks of the changes he encounters in his motherland.
Maintaining that the Indian economy was resilient to oil price shocks, Reserve Bank of India Governor Y V Reddy on Wednesday said the oil prices needed to be closely monitored, though it is not a disturbing factor.
BJP has come through on reforms without really declaring it. Just like it abandoned all the RSS ideas without really announcing it, says Lord Meghnad Desai.
Outsourcing of work to India or China has had a positive effect on the US economy and restrictions to offshoring may have an adverse impact on the quality of jobs in the country, according to a policy think-tank.
The FICCI president expressed concern over the proposed curbs on H1B and L1 visas and withholding of duty free imports on a large number of products from India.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
Trump threatens to impose additional $200 billion in tariffs on China, Beijing vows to retaliate
Small industrial centers like Tirupur, Namakkal and Sivakasi have succeeded because of hard work and a successful cluster policy, says S Gurumurthy, convener, Swadeshi Jagran Manch.
Globalisation of services has created trade surplus in IT services of the United States from $2.1 billion in 1995 to $4.2 billion in 2002, according to a US think-tank Cato.\n\n
'Jobs will exist at very high levels or low levels of skill sets.' 'People, who are in middle level jobs, are the ones who are facing the problem as such jobs are fast disappearing because of technological advancement.'
India must carry on with economic reforms: Lord Swraj Paul
In its short history, Pakistan has become a geography synonymous with terror.
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