National Association of Software & Services Companies (Nasscom), the apex body of India’s information technology and business process outsourcing sectors (IT-BPO), on Wednesday said India’s share in the global outsourcing market rose to 55 percent in 2010 from 51 percent in 2009.
While the much ado about UFOs is giving birth to “UFO travel destinations”, unprecedented number of sightings across the globe get people skeptic about extraterrestrial life. Security concerns from the United Nations could cover-up WikiLeaks yet-to-be-released secret UFO files.
Business activity in India's services sector grew at a faster clip in January than in the previous month, boosted by new orders and expectations of solid growth, but costs also soared, a survey showed on Thursday.
Business news and financial data provider Thomson Reuters is strengthening its legal process outsourcing (LPO) unit, Pangea3, by hiring full-time, temporary, and experienced contract attorneys for its new facility in Michigan.
American Bar Association (ABA) president Stephen N. Zack wants the Bar Council of India (BCI) to maintain the status quo while it debates on whether it should allow foreign law firms to set up offices in the country.
As hundreds of thousands of anti-government protesters converge in central Cairo on the eighth day of unrest in Egypt, the U.S. government has instructed all of its non-emergency staff and their families to evacuate the country.
Indians in the troubled city of Cairo had to pay twice the normal fare for a one-way ticket to Mumbai on India's government-owned Air India flight, despite the fact that life came to a halt in the Egyptian capital with banks and ATMs being shut, said a media report on Tuesday.
The BSE Sensex fell 1.7 percent on Tuesday to its lowest close since August, extending January's worst monthly slide in more than two years, as inflation worries and hardening interest rates continued to spook investors.
With the government blocking Internet and cell phone connections in Egypt for the fifth consecutive day, the scene is one of complete chaos at the Cairo International Airport as tourists flock to escape the growing disturbance in the country.
Gold fell on Monday, notching its first monthly decline in six months, as strong U.S. factory and spending data coupled with fading worries about the euro zone debt crisis put a damper on the metal's rally.
Swirling turmoil in Egypt will likely spread to other regions of the world and may impart a negative effect on economic growth and contribute to higher consumer prices, according to Nouriel Roubini, chairman of Roubini Global Economics.
An elected parliament convened in Myanmar on Monday for the first time in half a century but inspired scant enthusiasm among a sceptical public convinced it is just a smokescreen for continued military rule.
The violent protests in Egypt could deal a major blow to the country’s vital tourism industry, a development that could be economically crushing to the already riot-ravaged country.
Shares of Massey Energy Co. (NYSE: MEE) are rallying this morning after it was announced over the weekend that Alpha Natural Resources Inc. (NYSE:ANR) agreed to buy the metallurgical coal producer in a cash-and-stock deal valued at $8.5 billion.
[Gold] buying continued on fears the unrest in Egypt will spread across the Middle East, says Richcomm Global Services in Dubai. But Asia's gold market is less sensitive to what happened in Middle East compared to New York, said a Hong Kong dealer in a note this morning.
ndia's environment ministry has conditionally approved an application by Pohang Iron and Steel Co. (POSCO), the South Korean conglomerate to construct a steel plant in the eastern state of Orissa.
Robert W. Baird said it have complied a brief recap of the initial fourth quarter big-cap wireless winners and losers. In the Smartphones division, the winners are Apple and HTC on strong results and guidance, while the losers are Nokia and Motorola Mobility.
Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.
Figures show how deep the malaise is.
Soaring inflation and rate rises are starting to hit corporate margins in India, tempting more foreign fund managers to slash holdings in favour of markets that can better capitalise on the global economic recovery.
Apple Inc's popular iPad tablets finally hit Indian stores on Friday, nearly 10 months after its U.S. sales began, giving more options to customers in the world's fastest-growing mobile market that is also seeing a surge in sales of smartphones and other high-end devices.
The government will delink 2G spectrum that now comes free with telecom licences and make radio airwaves pricing market-driven, the telecoms minister said on Saturday.
