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  News Spotlight:General | Business | Technology | Ventures | Weekend

Business

BPO firms in India to cross $1 Bn mark
  Business Process Outsourcing (BPO) sector in India is growing faster ensuring a steady development. Many of the big players in this sector are going to enter the billion dollar club, reported The Economic Times.

Business

'Small cities fail to attract huge investments in IT sector'
  Poor infrastructure facilities limit the potential of the small cities in Tamil Nadu in attracting major investments in IT sector, though they offer huge cost advantage compared to big cities, according to a report.

Business

India in top league of investors in Britain
  Indian companies are in the top league of foreign investors in Britain, according to government figures published Thursday.

Business

India adds 27.45 Mn more mobile subscribers
  India added 27.45 million mobile subscribers in the quarter ended March 31, taking the total number of connections to 261.07 million, new data showed Thursday.

Technology

IT firms have a tough time as clients cut budget
  This may be one of the worst times the IT firms have ever faced. Instability in Global market and the U.S recession have made the firms hard to sustain.

Technology

'Open access can vastly help Indian science'
  India can make the most out of its investments in scientific research to spur its growth and promote domestic talent through the Open Access route, a global expert in the field says.

Technology

KLM opts for Kerala firm's crew management solution
  IBS Software Services, a provider of information technology (IT) solutions to the travel, transportation and logistics industry, has signed an agreement with KLM Royal Dutch Airlines for providing a crew management solution.

Technology

Government doubles 3G reserve price
  Internet Service providers(ISPs) in India facing a tough time to move ahead with their future plans with the government of India's decision to double the reserve price for the 3G spectrum auctions.

Business

India's direct tax collections up 38 percent
  In spite of a slowdown in the growth of both industrial production and merchandise exports, India's direct tax collections rose by as much as 38.61 percent in the first quarter of the current fiscal, the finance ministry said Friday.

Ventures

IFC to invest $15 Mn in Mumbai pharma firm
  International Finance Corp (IFC), a World Bank arm, will invest $15 million in Mumbai-based pharmaceutical outsourcing company Hikal by way of equity participation.

Business

Northeast's first IIM launched Friday
  The seventh Indian Institute of Management started imparting lessons here Friday, becoming the first IIM in the northeast. Meghalaya Chief Minister Donkupar Roy would do the formal inauguration in the evening.

Technology

Online learning helps school children fare better: study
  Educationists have developed a new web-based tool that helps primary schoolchildren to concentrate better and develop literacy skills.
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