Top Indian IT cos growth is faster than global IT cos
Though India’s top six IT companies accounted for 1.9 per cent of the total USD 672 bn IT services market in 2006, they are growing at a higher rate than their bigger global counterparts, a study reported.
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Mukesh Ambani more richer then Mittal
On Tuesday, Reliance Industries Chairman Mukesh Ambani had become first Indian with a net worth of Rs 2 trillion as the booming stock market pushed the value of his shareholding in various group firms.
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Sensex crosses 17k
Another historic day for the market - in just one week, the Sensex has rallied 1000 points to the 17000 mark, with leadership from Reliance group companies.
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IIM Banglore best in 2007 pre placement offers
It is boom time for students of Indian Institute of Management, Bangalore this year, with a record 70 pre-placement offers (PPOs) having been made for a batch of 250 students.
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Vodafone makes debut in India
Global mobile provider Vodafone began using its own name across India on Friday following its purchase of an Indian firm, rolling out what the company called one of the world`s biggest rebrandings.
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Four Indian NRI in Forbes list
Four Indian Americans - Acoustics pioneer Amar Bose, Google founder director Kavitark Shriram, venture capitalist Vinod Khosla and Bharat Desai CEO of an info-tech outsourcing firm - have made it to the Forbes list of richest Americans.
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Sensex hits 16k milestone
The Bombay Stock Exchange hit a new milestone with its benchmark Sensex crossing the 16,000-point mark on Wednesday, taking 51 trading sessions to reach the current level from 15,000 hit on July 6.
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Import-dependent companies have shown better results
According to a Times Of India report, While appreciating rupee has adversely impacted the growth of IT and textiles firms, there are companies, which have gained by this unexpected turn of events.
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Exporters gets service tax exemption
Providing relief to exporters hit by the rise in Rupee value, the government today announced they would be exempted from tax on services rendered by ports, road transport and railways.
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Indians are flexible workers
India’s second-largest software exporter Infosys, which recently hired 25 graduates from the UK, finds Indians to be relatively more flexible when it comes to work, according to the company’s CEO Kris Gopalakrishnan.
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