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After India's premier IT company Satyam admitted to a fraud of Rs 70 billion, the disclosure brought shock waves in corporate India. This plunged the market into a downward spiral. The thirty-share index Sensex shut shop at 9586, down 749...

Satyam brings mayhem at Dalal Street

After India's premier IT company Satyam admitted to a fraud of Rs 70 billion, the disclosure brought shock waves in corporate India. This plunged the market into a downward spiral. The thirty-share index Sensex shut shop at 9586, down 749...

Abolition proposed on service tax on outsourced manpower

The service of outsourced manpower, which the retail sector in the country employs, is likely to be relieved from the service tax barrier. The high level group on service sector, constituted by the Prime Minister, has recommended that assessment of...

Narayana Murthy to be on HSBC board

Global banking giant HSBC said Indian IT major Infosys' chief mentor NR Narayana Murthy will join its board in May with an annual renumeration of 65,000 pounds (about Rs 52 lakh). "Nagavara Ramarao Narayana Murthy CBE (61 years old) has...

India Sourcing Summit starts

India Sourcing Summit started in Bengaluru today. The participants at the summit will debate about the cost-effectiveness of India and China. Other important panel discussions will be on supply and sourcing issues pertaining to the automobile, pharmaceuticals and retail...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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