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IT outsourcing in Jan-Jun 2008 highest in decade
Tuesday, July 22, 2008 (16:24:21)
New Delhi: The first half of the current calendar year has seen the IT outsourcing industry post its strongest performance in a decade, a leading IT research firm has announced. With a total of 282 outsourcing contracts valued at USD 49 billion in total contract value (TCV) and USD 10 billion in annualised contract value (ACV), or the value of a contract divided by its duration, the IT outsourcing industry notched up record business during the first two quarters of the current calendar year, according to TPI, the largest sourcing data and advisory firm in the world. The TPI, a....
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Business special (16:42:22) |
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| Pest attacks hit Assam's tea production |
| Guwahati: India's tea production has been hit with rampant pests eating away the crop, adding to the woes of the cash-strapped tea industry in the northeastern state of Assam, says officials.
Planters and industry officials in separate statements said a tea mosquito called helopeltis has attacked nearly 200 of Assam's estimated 800 tea plantations during the past two months.
"There has been a sudden outbreak of blisters on tea plants and soon the attack is spreading like wild fire to scores of gardens in eastern Assam," said Dhiraj Kakati, secretary of the Assam chapter....
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India Business News (07:38:59) |
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| BHEL first quarter net up 33 per cent
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New Delhi: Bharat Heavy Electricals Ltd (BHEL), India's largest engineering and manufacturing enterprise in the infrastructure sector, announced on Monday a 33 per cent increase in its net profit in the first quarter of the current fiscal year.... |
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| U'khand to hand over power projects to pvt players
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Dehra Dun: The Uttarakhand government on Monday decided to handover 35-year old hydropower projects to private companies in order to renovate and modernise them. As many as, 19 power projects which are still generating power and four closed ones.... |
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| Bank of Rajasthan hikes deposit rates
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Mumbai: Private sector lender Bank of Rajasthan has hiked its term deposit rates by 25 to 50 basis points under different time slabs effective from Monday. The bank has also announced the introduction several new slabs like 500 days with 10 per.... |
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| Guar seed contract at Rs 2,024 per quintal
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Ahmedabad: The guar seed contract for July was settled at Rs 2,024 per quintal at the National Multi-Commodity Exchange (NMCE).
The settlement price as calculated taking Jodhpur (Rajasthan) as the basis centre. The turmeric contract on Saturday.... |
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