Internal services (salaries and benefits paid to the information services staff of an organisation) are forecast to grow 8.8 percent in 2015 to reach USD 1.6 billion.
Posts tagged MC
Indian govt’s IT spending to reach $6.88 bn in ’15: Gartner (23-09-2015)
Levy cess on telecom, petrol for Swachh Bharat: CMs’ panel (23-09-2015)
The panel has also pitched for viability gap funding, tax exemptions and separate tariff for waste-to-energy and compost projects.
Biz sentiment drops on weak rupee, global demand: Survey (23-09-2015)
Prime Minister Narendra Modi’s historic victory had led to a substantial rise in confidence in 2014 on expectations that his government’s pro-business policies would improve business environment.
Sensex rises 171pts, Nifty ends above 7800; FO expiry eyed (23-09-2015)
Equity benchmarks fell 1 percent in morning trade on weakness in Asian peers after weak Chinese data, but positive European cues helped Indian equities rebound sharply in afternoon trade.
No need to regulate algo trade: Jhunjhunwala (23-09-2015)
Ace investor Rakesh Jhunjhunwala does not think there is any need to regulate algo trade unless it is found that the market is being manipulated.
Volkswagen head faces grilling by board over diesel scandal (23-09-2015)
Martin Winterkorn is due to have his contract extended at the end of this week and has so far shown no sign of resigning over the affair, after pledging “utmost transparencyâ€� in ongoing investigations. The board must decide by Friday whether to extend the 68-year-old executive’s contract.
LT to sell assets, dilute stake in non-core biz: Chairman (23-09-2015)
AM Naik said LT, a sprawling USD 21 billion group, remained far too complex and needed to improve its return on equity by exiting some infrastructure businesses and selling minority stakes in operations no longer as essential to the company.
Sensex up 200pts, Nifty hits 7850; IDBI Bank, Dishman soar (23-09-2015)
IDBI gained 12 percent. MD and CEO Kishor Kharat told CNBC-TV18 that while he hasn’t heard any news of an Axis Bank like structure for IDBI Bank, but it would certainly be a welcome move. Dishman Pharma gained 8 percent after the company announced a tie-up that makes them exclusive supplier of the API for Janssen’s tuberculosis drug – Sirturo.
Nifty ends below 7850 ahead of FO expiry, Sensex up 171pts (23-09-2015)
IDBI gained 12 percent. MD and CEO Kishor Kharat told CNBC-TV18 that while he hasn’t heard any news of an Axis Bank like structure for IDBI Bank, but it would certainly be a welcome move. Dishman Pharma gained 8 percent after the company announced a tie-up that makes them exclusive supplier of the API for Janssen’s tuberculosis drug – Sirturo.
Like India but expect mkt to re-test August lows: Ashburton (23-09-2015)
India has been impacted by the overall withdrawals seen in the EM space but the house continues to dribble cash into counters where valuations are good, says Jonathan Schiessl of Ashburton.