The Reserve Bank of India decision to cut the repo rate on by 100 basis points on Monday gave a huge sigh of relief to the mutual funds. The Central bank slashed its key lending [...]
Business
Stock market indices of countries are expected to recover in few days, however the bruised economy will take longer time to revive, says Washington. Ben Bernanke, Chairman, Federal Reserve said congress should consider the option [...]
Stock market indices of countries are expected to recover in few days, however the bruised economy will take longer time to revive, says Washington. Ben Bernanke, Chairman, Federal Reserve said congress should consider the option [...]
Loss of USD 20 billion which Citibank suffered due to turbulences in banking sector is destined to fall heavy on employees. The investment sector giant has already sent 23,000 employees and at a meeting held [...]
India’s top software services exporter, Tata Consultancy Services today posted its quarterly results of October-December 2008. The net profit of the company rose to Rs 1352 crore by climbing 1.6 percent in the third quarter, [...]
Nation’s largest IT service provider, TCS (Tata Consultancy services) has deferred its plans of lateral hiring. Also, the salary for next year is expected to be in single digit percent. This is being done to [...]
Tata Consultancy Services (TCS), the largest exporter of software services of India, today entered into a multi-million dollar strategic partnership with Ducati Motor Holding (an Italian Bike Maker), for assisting it in asset management and [...]
Narendra Modi, the Chief Minister of Gujarat has declared a package to better train the Diamond workers. The Diamond Industry has been one of the major sufferers of the global economic slowdown leaving the workers [...]
According to a survey, Indian manufacturing reported a slow pace for the fourth consecutive month in Feb owing to the sorry state at stock markets and the ‘seemingly’ never-ending economic effects. The ABN AMRO Bank [...]
P Chidambaram, the Union Home Minister said that the Public sector Undertakings (PSUs) like BHEL (Bharat Heavy Electrical Limited) do not seem to get affected by the economic turmoil and are on a ‘growth path’ [...]
