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Entries Tagged as 'WORLD'

Govt approves higher pay for CPSU officers

November 20th, 2008 · No Comments

In a bonanza to officers of Central Public Sector Undertakings, the government on Thursday announced a hefty 50 to 300 per cent increase in pay-packages with effect from January 1, 2007.

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Tags: India · WORLD · business · news

M&A activities lose stream in September-October

November 20th, 2008 · No Comments

MUMBAI: Amid a pall of gloom in the market, merger and acquisition deals during September and October months have also suffered. There were 61 M&A deals during September and October months valued at $5.82 billion as against 76 deals in 2006 and 122 deals in 2007 for the corresponding period. However, the deal values have […]

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Tags: WORLD · business · news

Oil prices drop below 50 dollars, hit 3.5-year lows

November 20th, 2008 · No Comments

LONDON: Oil prices sank under 50 dollars a barrel in London on Thursday, reaching the lowest levels for three and a half years, as the market was plagued by weak energy demand.

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Tags: WORLD · business · news

India likely to step up anti-piracy operations

November 20th, 2008 · No Comments

New Delhi, November 20: : With its operations to bust piraty in the Gulf of Aden meeting with success this week, India on Thursday said it was considering augmenting naval assets to fight the threat to peaceful commercial shipping in the region.

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Tags: India · WORLD · news

TCS among six Indian firms named on ‘FinTech 100′ list

November 19th, 2008 · No Comments

NEW YORK: Tata Consultancy Services along with five other Indian firms has been named among the top 100 global entities offering IT solutions for the financial services industry worldwide.

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Tags: WORLD · IT · business · result · news

ADB sees Asia recovery in 4-6 quarters from downturn

November 17th, 2008 · No Comments

NEW DELHI: Asia will start to recover from the global downturn in a year to a year and a half and some of its economies have room for fiscal stimulus to boost consumption, a top official at the Asian Development Bank said.

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Tags: Banks · WORLD · business · news

Citigroup to slash 50,000 jobs

November 17th, 2008 · No Comments

NEW YORK: Citigroup Inc said on Monday it plans to cut about 50,000 jobs as souring economies and global credit conditions cause the US bank with the farthest reach worldwide to retrench.

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Tags: Banks · WORLD · business · finance · news

Analysts say G-20 summit failed to impress

November 16th, 2008 · No Comments

NEW YORK: Describing as a “plain-vanilla stuff” the outcome of the G-20 summit on the financial crisis, analysts have said it left substantive issues to future meetings and was unable to bridge the ideological gap and articulate a coordinated global response.

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Tags: WORLD · business · result · news

Global econominc crisis to slow worldwide IT spending in 2009

November 13th, 2008 · No Comments

Worldwide spending on information technology, especially United States will slow “significantly” in 2009 due to the global financial crisis, a leading IT market intelligence firm has forecast.

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Tags: WORLD · IT · news

Barack Obama ‘to reverse Bush policy on stem cell research and oil drilling’

November 10th, 2008 · No Comments

Barack Obama, the US president-elect, will use executive powers to reverse his predecessor’s policies on stem cell research and oil exploration in national parks, a senior aide has indicated.

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Tags: WORLD · business · news