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.
Entries Tagged as 'WORLD'
Govt approves higher pay for CPSU officers
November 20th, 2008 · No Comments
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 […]
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.
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.
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.
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.
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.
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.
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.
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.