Indian economy is feeling the pinch of the worsening global financial crisis as the export volumes for the month of October took a dip of around 12 percent. Overseas sales of India dropped to $12.82 [...]
Laos
Giving a sigh of relief to the employees of its Indian division, the Japan based Sony Electronics made an announcement on Wednesday that it has no layoff plan for Indian unit as it is considering [...]
In a move that is surely going to do a lot of good for upcoming music talents in the country, Eros International has joined hands with Universal Music to advance the cause of Indian pop [...]
The Indian Inc.’s are feeling the heat of the global economic recession. After a cut in salary hike rates by TCS and Wipro, Infosys Technologies also making up its mind to put back or slash [...]
The long term debt ratings on eight of the financial institutions Barclays Bank PLC, Citibank NA, Citicorp Finance India Limited, Citicorp Capital Markets Limited, Barclays Bank PLC, Maruti finance Limited, Deutsche bank AG, Deutsche Investments [...]
Owing to the healthy forex reserves, impressive measures taken to handle the financial disturbance and attractive GDP growth rate, India is expected to outrun developed nations like UK, US and Japan and come up as [...]
After the exposure of manipulations at Satyam, the other Indian IT companies which have foreign institutional investors (FIIs) sitting on substantial amount of shareholdings, will start revising their decision for sure. Among the well-known names, [...]
Owing to the bleak financial conditions, Morgan Stanley cut down on its estimation for expected growth rate of India. In a recent note, the company said that it anticipates the value to be 6.7% for [...]
Two US senators have requested US International Trade Commission (ITC) to initiate a scrutiny in Indian Trade Barriers. They believe that the low contribution of imports of agricultural products from US is due to the [...]
Nortel, the biggest manufacturer of telephone equipment of North America, has filed the Chapter 11 for bankruptcy protection. The company said that it has enough cash funds to carry out normal operations and will continue [...]
