Buoyed by steady recovery in demand for technology services, the Indian IT-BPO sector is estimated to grow 19 per cent in 2010-11 to $76 billion in revenues, software industry body Nasscom said.
The apex body representing Indian IT industry, Nasscom, on Wednesday said that small and medium enterprises (SMEs) would drive growth in the sector and help India maintain its lead globally.
World Champion Viswanathan Anand suffered a major defeat at the hands of Vassily Ivanchuk of Ukraine to slip to the third position after the sixth round in the Amber Blindfold and Rapid Chess tournament in Monaco.
India on Friday launched an aggressive campaign to showcase its IT prowess in China to woo local companies in order to bridge the trade imbalance between the two nations.
Abhishek Mande and Hitesh Harisinghani take a sneak peek into what the Lakme Fashion Week Summer-Resort collection looks like.
The government's negotiations with protesting farm unions hit a roadblock on Friday as the farmer leaders stuck to their demands for a complete repeal of three farm laws they find pro-corporate and a legal guarantee for minimum support price (MSP), even as the Centre asked them to reconsider its proposal for putting the Acts on hold for 12-18 months.
US President Barack Obama's just concluded visit has helped in breaking myths and stereotyping of India as "stealing jobs", apex IT industry body Nasscom said.
Rana Som, chairman and managing director of state-owned miner NMDC that is currently raising money through a follow-on public offer, is something of a contrarian. He believes the government gives employees more decision-making freedom than private sector promoters.
A look at the top 10 colleges for science as ranked by the India Today annual college survey.
Farmer leader Darshan Pal accused the Centre of dividing farmer organisations, but it will not happen.
It has apparent "negative connotations" in some mature markets such as the US.
"I think we have just started touching the IT space in Gujarat. In the wake of demand, we see business growing in 44 cities of the country, out of which Ahmedabad, Vadodara and Surat have clearly emerged on the top," Nasscom President Som Mittal said, while speaking at IT Summit-2010 organised in Ahmedabad.
The year was marked by Magadheera's rock solid performance at the box office followed by Arundhati.
The much hyped 'world's cheapest' car Nano has failed to live up to the expectations as it witnessed a massive decline in sales to 509 units in November this year compared to 3,065 units sold in the previous month.
BPOs located in rural areas and tier 2 and 3 cities are expected to drive the growth of the Indian BPO sector in coming years, experts said on Wednesday.
Tomar said the union leaders kept insisting on repeal of the three farm laws, but the government side tried to explain them the benefits of the Acts and sought to know specific problems faced by the farmers.
Cricket Australia (CA) has sought the details of its investigation into Pakistan's tour Down Under from the International Cricket Council (ICC) but insisted that the series was won fair and square by the hosts.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
AB de Villiers will take over wicketkeeping duties from Mark Boucher for the limited-overs series against the West Indies. South Africa captain Graeme Smith announced the decision, saying it was prompted by the team's focus on next year's World Cup in the subcontinent.
At least four persons were killed and over 20 others injured in a suspected suicide attack on the police lines at Timergarah in the militancy-hit Malakand region of northwest Pakistan on Friday.
A mouth-watering menu awaits the guests at the reception of the high-profile marriage between Sania Mirza and Shoaib Malik at a Hyderabad hotel on April 15.
It is confidential for Bajaj, Nissan and Renault and so, I will not speak much about it." The total cost of this project is Rs 2,000 crore (Rs 20 billion).
IT industry body Nasscom on Tuesday said the sector will regain double-digit growth from April next year leaving behind the prolonged recession.
Country's largest iron ore producer NMDC on Wednesday said it is in talks to buy coking coal mines from Kolmar in Russia to feed its proposed steel plants in Chhattisgarh and Karnataka.
"People would come to India because they need to leverage talent wherever it is available. By 2025, the Asia Pacific economies will cross that of Europe."
Union minister Sanjeev Baliyan and BJP MLA Suresh on Friday surrendered in a court in Muzaffarnagar after a warrant was issued against them.
Nasscom president Som Mittal shares his view on issues such as the rise in value of the rupee against the dollar, hiring trends and the role of IT in e-governance.
NMDC Ltd has decided to set up its second steel plant in Chhattisgarh and is in talks with two companies to form a joint venture. One of them is Tata Steel.
US President Barack Obama's proposals to amend the US tax structure since it allegedly encourages creation of ". . . a job in Bangalore, India, (rather) than create one in Buffalo, New York", has made the IT sector in India edgy.
Gold and silver prices here surged to new record levels today on frantic buying by stockists and jewellers, triggered by a strong rally in overseas markets.
"All such reports are false. These are rumours," Sampla told reporters after meeting Shah.
Union leaders, who came out of the meeting venue shouting slogans, said the talks remained deadlocked and some of them threatened to boycott any further meetings if no solution was found at Thursday's meeting.
Nasscom chairman Ganesh Natarajan, who will lead the team that will also have president Som Mittal, said the five-day visit would focus on three things -- totalisation agreement, immigration issues and benefits of outsourcing. Nasscom is lobbying for totalisation pact with the US, which already has this agreement with several countries to avoid double taxation of income with respect to social security taxes.
The farmer representatives were unanimous in seeking repeal of the 3 laws.
Many members of the association, who had bought shares of the IT firm at Rs 540 some four months back, had suffered heavy losses when the scrip crashed to Rs 39 on Wednesday, he said.
Undaunted by US President Barack Obama's Bangalore-Buffalo remark, the domestic IT industry said the comments had nothing to do with outsourcing or with India.
Content with the money he is making at the Indian Premier League, troubled Australian all-rounder Andrew Symonds says he has no desire to return to international cricket as he doesn't want to be tied down by rules and regulations again.
With gang violence skyrocketing in Vancouver, Surrey and Toronto, the federal government is introducing two bills in the House of Commons: The first is to amend the Criminal Code to target organized crime; the second is to focus on illicit drugs.
"Citigroup intends to raise workers' base salaries by as much as 50 per cent this year to offset smaller annual bonuses," the The New York Times reported quoting people with direct knowledge of the plan. The company, which has received three bailouts from the government, also plans to award millions of new stock options to employees in an effort to retain workers and neutralise a precipitous drop in the value of their stock holdings, it added.
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