The research firm Gartner has painted a bleak picture of the outsourcing industry in near future by suggesting the outsourcing prices can fall by as much as 20 percent. Gartner analysts also believe that shrinking [...]
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Many Banking Institutions from the Public Sector, in the last two months have chosen ‘unsecured non-convertible bonds’ for managing the capital adequacy ratio. The last in the chain has been the Allahabad Bank that recently [...]
FIPB (Foreign Investment Promotion Board), in a decision overruling that of Dipp’s (Department of Policy and Promotion) said that foreign investors in Indian Real Estate cannot sell the stakes they own to any other investor [...]
Arvind Virmani, the Chief Economic Advisor to the Finance Ministry said on Tuesday that wholesale price index is expected to remain at zero level for the coming three months or might even turn negative. However, [...]
Ford India is to introduce a price rise for its Sedan Ikon by up to 1.5 percent to counter the increasing import bills owing to the rupee depreciation. Nigel Wark, the Executive Director at Ford [...]
Brokerage Firms are trying their level best to bring down the costs being incurred. For instance, th rentals being paid are to be revised clearly and precisely. Companies are increasingly shifting the retail side of [...]
Public Sector Oil companies are to concentrate on expansion of supplies and constructing new transportation networks for Oil and gas, as told by a government official. This step will help in decreasing dependence on private [...]
Murugappa Group has launched a bicycle worth Rs.2 Lakh. The premium cycle market of the nation has been expanding at rate of 25percent on yearly basis. This is because of the ‘environment-friendly’ vehicle climbing up [...]
The work at Bhatinda Refinery in Punjab might get halted due to the taking back of fiscal incentives by the government. In this regard, Mr. LN Mittal has asked Prime Minister Manmohan Singh, in written [...]
The government today okayed the proposal for further increase in the salaries and allowances for PSU officers, which is well above the hikes announced by the government last year. About 400000 officers working in central [...]
