Credit crunch makes CEOs' career shaky
The economic slowdown has elicited some notable reactions from the top managerial level people with the CEOs admitting the negative impact on them.
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India to consider e-mail as valid evidence
Corporate Executives, those relying on email for communication, can be more confident in using them. The government has drafted new company law. The law permits to recognize e-mail as a valid piece of evidence.
Global expansion of Indian MNCs a challenge
The rapid global growth of India-based multinationals and the increasing employee mobility are compelling companies to address policy issues on international assignments.
Sandy Baruah takes over as U.S. Small Business Administrator
Santanu "Sandy" K. Baruah, an Indian American, has taken over as Acting Administrator of the Small Business Administration (SBA), an independent agency of the federal government, to help small business concerns.
Fear grips employees as HP acquires EDS
While the talks of HP acquiring Plano-based EDS have reached the culmination with the companies finally striking this $13.9 billion deal, the employees of the latter are gripped by nightmares of losing their jobs.
Dell unveils new Vostro laptops, desktops for SMBs
Notwithstanding the global recession, SMB market is growing as fast as never before. And this pasture-new has turned a big cash cow for IT biggies.
Axon buyout will protect Infosys from U.S. slowdown: CEO
The acquisition of the Britain-based SAP consulting firm Axon Group is part of IT major Infosys' strategy to protect its business from a slowdown in the US and expand its global footprint.
Australia will face crippling shortage of IT professionals
Australia is likely to face a crippling shortage in information technology professionals unless policies are changed, a new study has found.
Government to expand mobile phone services in rural areas
The government Wednesday said it will soon launch the second phase of mobile phone expansion, covering about 200,000 villages.
Karnataka offers Tata 50 acres to shift Nano project from Singur
Karnataka has invited Tata group chairman Ratan Tata to relocate the Nano small car project to the state, the government said Wednesday.
Banks to get Rs.250 Bn against farm loan waiver
The coming session of parliament beginning Oct 17 will see the government releasing Rs.25,000 crore (Rs.250 billion) to the banks to help them make up the loss incurred on account of farm loan waiver
Economist magazine forecasts 7.5 percent growth for India
India's economic growth will slowdown to 7.5 percent this fiscal and tight money policies will continue, UK's Economist magazine said Wednesday.
