Citigroup is looking to exit Housing Development Finance Corp (HDFC) completely. The financial major has invited bids to sell its entire stake, 9.85 per cent, on Friday.
Posts a fall in net profit sequentially despite clocking higher volume growth.
If each one of us puts our minds to it, 2015 will be a year to remember, he said
HR professionals are today looked upon to provide strategic business partnership and play key roles in developing better business leaders and shaping world-class organisations. Here are five key trends prevailing in the human resource space today.
Hiring of more local people has been necessitated since majority of its American clients are not comfortable sending works offshore.
India's premier software services company, Infosys Limited, has reached out to its banker, the non-executive chairman of ICICI Bank, K V Kamath, to step into the shoes of its founder N R Narayana Murthy.
At times of slow growth, India has seen number of graduates doubling since 2008 to almost 25 million in 2016
Having touched export revenues of $59 billion last year, the industry is estimated to have grown by 19 per cent in this financial year, aggregating revenues worth $76 billion.
The lawsuit filed by the US Equal Employment Opportunity Commission against Signal International said that these Indian workers, brought into the country by a separate entity which is not part of the case, were forced to live in substandard, unsanitary accommodations.
The UIDAI chairman said people have started relaising the benefits of aadhaar numbers and how it could help them in multiple ways -- from opening a bank account to avail the benefits of various social welfare schemes.
The number of Indian companies was second only to the 65 firms from both China and Hong Kong that found a place in the list.
Leading global advertising and marketing communications services company, Omnicom Group Inc, said on Monday that it has reached an agreement with Anil Ambani-led ADAG to buy a 51 per cent stake in the latter's ad agency, Mudra.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
'The world has changed and nobody has the patience to start a project and wait for six months to look at the outcome.'
The Bangalore-based company has said in a filing to Nasdaq 'additional information for 2010-11' that the average age of its employees in 2011 stood at 27 years.
Hiring during a recession and leveraging a stable succession gameplan are just a few amongst many other things that this firm did right.
Infosys had earlier this year decided to expand its 'Innovation Fund' five times to $500 million to provide financing to start-ups and new technologies.
India Inc (excluding trading and financial services companies) was sitting on a cash mountain of Rs 456,700 crore (Rs 4,567 billion) as on September 30, up 21 per cent from the same time a year before.
These firms are already affected by falling margins, delays in getting orders and the ongoing financial crisis in their second-biggest market, Europe.
A serial entrepreneur's vision to drive PC adoption in India promises to bring computing power to every household through the innovative use of cloud computing.
Its longest-serving CEO (he held the position from 1981 to 2002), he leaves Infosys when the gap between it and the number one information technology services company (TCS) is growing wider.
In many cases, clients also prefer experienced employees for niche projects, which is only adding to the woes of the IT services providers.
A dearth of skilled staff, especially for high-end technologies, coupled with difficulty in obtaining H1-B visas, is prompting Indian IT companies to hire more people on a temporary basis overseas.
Infosys, India's third-largest information technology services company, is putting in all-out efforts to douse the visa fire that erupted almost six months ago, with the filing of a lawsuit by one of its United States employees, and is spreading wings further.
Infotech Enterprises Limited, which provides engineering and geographic information services, is in advanced stages of acquiring an aerospace services company in Europe for a consideration of approximately $20 million (Rs 91 crore).
The MCA notification lays down a deadline of August 31 for the fulfillment of the KYC requirements
Company aims to cross $1 billion in revenue for its BPO business.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Will Infosys, which will announce its Q2 results on Tuesday, be able to break away from the single-digit growth rates the IT services sector has been seeing?
Shortly after the twin earthquake-tsunami that hit Japan, Indian IT firms had started calling back employees.
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
Services and consulting firm Serco on Tuesday signed an agreement to acquire Indian BPO company Intelenet for up to GBP 385 million (Rs 2,772 crore).
Infosys has already hired 20 such talent.
Every one per cent change in rupee-dollar has a 40 basis points impact on the margins and, at least, 2 to 3.5 per cent on the net profit numbers of IT services firm.
Tata Consultancy Services, India's largest information technology services company, says visa rejections have gone up significantly compared to a few years ago.
Bharti Airtel had planned to charge separately for internet-based voice calls provided by Skype.
Make these love potions at home with just a handful of ingredients.
K V Kamath says he can never step into Narayana Murthy's rather large shoes, but would do his best to ensure Infosys continues to adhere to the highest standards of corporate governance.
Anjan Dutta-Gupta, 58, founder and president of Rhode Island-based technology services company Advanced Solutions for Tomorrow (ASFT) pleaded guilty to paying bribes to a civilian programme manager and senior systems engineer with the United States Navy's Naval Sea Systems Command (NAVSEA).
Persistent, L&T Technology and TechM named among leading service providers
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances