Sunday, July 24, 2011

TCS widens telecom earnings gap with Infy

TCS widens telecom earnings gap with Infy


TCS widens telecom earnings gap with Infy

Posted: 24 Jul 2011 03:06 PM PDT

One of the key differences between TCS and Infosys in the first quarter of this fiscal was the growth rate in the telecom vertical.


Ellison-backed co eyes IB school space

Posted: 24 Jul 2011 03:03 PM PDT

Oracle CEO Larry Ellison co-founded Knowledge Universe and UK's Knightsbridge are in the fray to float a joint venture with Mumbai-based Core Projects & Technologies to tap India's growing demand for premium international schools.


AI Express pays salaries to its staff

Posted: 24 Jul 2011 03:01 PM PDT

The cash crunch in Air India is now creating unprecedented cases. Last Friday, AI Express paid salaries to the 975 staffers on its rolls.


Service tax evaders under scanner

Posted: 24 Jul 2011 03:00 PM PDT

The government is set to crack down on nearly nine lakh service providers-constituting almost 60% of those registered with the tax department-for not filing returns.


Banks brace up for 25 bps rate hike

Posted: 24 Jul 2011 02:56 PM PDT

The Reserve Bank of India is expected to increase key interest rates in its monetary policy review on Tuesday although strong arguments are building up for a pause in rate hikes.


Food security law could push up world prices, widen subsidy bill

Posted: 24 Jul 2011 11:57 AM PDT

The proposed Food Security Act has the potential to stoke global food prices and significantly increase the country's food subsidy bill, officials and experts say.


Deutsche Bank management board set to confirm Jain as co-CEO

Posted: 24 Jul 2011 04:44 AM PDT

The supervisory board of Deutsche Bank is set to confirm Anshu Jain as the co-CEO of the company together with his management board colleague, Juergen Fitschen, when it holds its regular meeting in Frankfurt on Tuesday.


Rlys firming up Rs 70,000cr safety plan

Posted: 24 Jul 2011 04:41 AM PDT

Hit by a series of major train accidents, Railways is now firming up a Rs 70,000-crore safety plan for speedy installation of anti-collision devices, including upgrading of signal and telecommunication and mechanised maintenance of tracks.


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