Referring to the impact of political turmoil in West Asia, he said the crisis would not hurt the economy unless the crude oil prices rise to 'abnormally' high levels.
Browbeaten by recession and anxiety about mounting protectionism in key markets have led Indian information technology (IT) companies to extend their reach in the countries of Africa, the West Asia and Asia Pacific.
Net income for the quarter stood at $1.14 billion or 71 cents per share, against $1.43 billion or 89 cents per share, a year ago.
Univariety offers career guidance that is rooted in the real world.
With the West Asian/North African crisis not likely to end soon and investors' appetite increasing for gold, it is expected to touch $1,600 an oz by the year-end.
Akbaruddin is currently serving as additional secretary in the MEA.
Further deterioration of the US-Saudi relationship will have geo-economic and geopolitical effects, says Nitin Pai.
High crude oil prices, widening current account gap and political uncertainty may keep the rupee weak in the near term.
Crude prices, which has become a big concern for the government fighting inflation, softened to about $104 to a barrel on the New York Mercantile Exchange after touching $107 a barrel, its highest level since September 2008.
The plan includes expanding the number of flights of AI Express from 204 a week to over 250 a week with a new thrust on West Asia.
Wael Ghonim has not been seen since late Thursday evening in central Cairo.
Rashtriya Swayamsevak Sangh chief Mohan Bhagwat on Friday came out in fulsome praise of the Modi government for initiatives on national security, economy and international relations in a short period of six months.
Gold will first slide to $1,310-1,325 early next year on profit booking. But, the precious metal will get good buying support from central banks in Asia and West Asia regions, who are looking for opportunities to increase their gold portfolio.
The bonfire festival of Lohri will be observed and celebrated across Northern India on Tuesday.
'But Russia is well aware of Pakistan's nuisance power on its border.'
The investor has now put together a fund of $3.75 billion to back private companies.
Infosys claims it can deliver a full-fledged applications store within 6-8 weeks, with its application platform Flypp.
The robot can hold long conversations, track the child's mood and is controlled from an app on the parents' smartphone
Axel Hilgers, Director, South Asia speaks to Business Standard.
Japanese auto giant Suzuki Motor Corporation on Tuesday said it plans to make India an export hub for its small cars, mainly for European and African markets.
Taj Hotels Resorts and Palaces, Asia's largest hospitality chain, is looking to set up luxury properties in Africa, West Asia, China and Southeast Asia.
If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, argues T N Ninan.
Major global airlines, including Gulf carriers, are keen to invest in this space.
To the extent the nuclear race in West Asia is slowed down by the Iran nuclear deal, the world as a whole has reason to be happy, says Virendra Kapoor.
Using the Mumbaikar application, both residents of the city and visitors can find out restaurants, events, the nearest 24-hour pharmacy or a pizza place based on where they are located.
The disruption in the undersea cable network near Italy is likely to hit the broadband connections in India.
AI used to operate flights to Melbourne, Sydney and Perth in Australia but these were not direct; they went via Singapore. These flights were later stopped.
This is a setback for the divestment process of Air India as no other Indian airline has the capability to fund the process
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
Wipro Ltd, a provider of IT solutions and services including systems integration, information systems outsourcing and IT-enabled services, says it has not been affected by the crisis in West Asia and will continue to invest in the region. Wipro already has a company -- Wipro Arabia, formed in 2007 through a joint venture with the Dar Al Riyadh Group -- providing IT solutions and services in the Kingdom of Saudi Arabia.
The premium that borrowers would have to pay over the London Inter Bank Offered Rate (Libor) have not, however, shot up the way they did a year ago when spreads had jumped 750 basis points for some Indian companies in the aftermath of the collapse of Lehman Brothers.
Coca-Cola is bullish about its India operations after recording one of its highest growth numbers in the October-December 2009 quarter
'We could crack IM modules in the country because one arrested member would spill beans on the other.' 'With ISIS, every module is different and is possibly being handled by different operators abroad.'
Saudi Arabia has reportedly carried out tests to stand down its air defence to allow Israeli fighters to make bombing runs on Iran's nuclear sites. The official Saudi Press Agency, however, dismissed the reports, calling them 'false' and 'slanderous'.
The alliance for engine maintenance, repair and overhaul would work under the brand The A Team.
"We think Indian companies are getting ready for the revival and plan to hire strategically going forward. 2010 looks to be a good year from a salary increase perspective."
'There will be some issues of contention, especially on H1B visa and on trade policy.'
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.
'Drone warfare has come to stay.' 'India should exploit the expected Reaper acquisition from the US to build an effective counter terror campaign,' argues Group Captain Murli Menon (retd).
Sources suggested that the Ministry of External Affairs had expressed reservations over Chidambaram's visit. The MEA believed that President-elect Barack Obama and his team were presently pre-occupied with the crisis in West Asia. Apparently, Washington had communicated the same to New Delhi.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances