Employer Confidence In India Dips To Lowest Since 2005: Report

New Delhi: Indian employers expect a steady hiring outlook for next three months, but their confidence has dipped to the least optimistic level since 2005 amid uncertainties in global markets, according to a report. Globally, the strongest third-quarter hiring plans were reported in Japan, Taiwan and Hungary while India was ranked at the seventh place More...

by Loknath Das | Published 1 month ago
By Loknath Das On Saturday, June 17th, 2017

Government Working On New Industrial Policy

New Delhi: The government is working on a new industrial policy with a view to promoting and developing frontier technologies, innovation and enhancing competitiveness of domestic products. “With the changing More...

By Loknath Das On Friday, June 16th, 2017

Industrial production growth slows to 3.1% in April

Industrial production growth slipped to 3.1% in April due to poor show by manufacturing, mining and power sectors coupled with lower offtake of capital goods and consumer durables. The slip is significant compared More...

By Loknath Das On Tuesday, June 13th, 2017

Heavy industry minister Geete to talk to FM Jaitley on lowering GST on hybrids

Union heavy industries minister Anant Geete on Monday said he will take up the issue of lowering the 43% tax rate on hybrid vehicles under GST with finance minister Arun Jaitley. On Sunday, Jaitley hinted that More...

By Loknath Das On Wednesday, June 7th, 2017

Infosys’ Pravin Rao: Clients seek 20-30% cost take-out on existing work over 3-5 yrs

India’s USD 150-billion IT industry is in the midst of a pronounced slowdown, as clients are asking IT services companies to carry out the same projects at prices which are 20-30 percent lower than before. More...

By Loknath Das On Wednesday, May 31st, 2017

The Growing Concerns Of IT Industry And Its Workers

MUMBAI: Experienced techie Raghu Narayanaswamy lost his job recently and fears he may not get another, as analysts warn of massive layoffs across the country’s multi-billion-dollar information technology More...

By Loknath Das On Tuesday, May 30th, 2017

GST: Amusement park industry urges lowering of tax rate

With the imposition of a mammoth 28 per cent tax rate on amusement-theme parks under the forthcoming Goods and Services Tax (GST) regime, there exists an underlying threat to its survival as it will not only hamper More...

By Loknath Das On Monday, May 22nd, 2017

Tata Power Misses March Quarter Profit Estimates

Tata Power Co Ltd on Friday reported a fourth-quarter adjusted profit that missed analysts’ estimates, as lower recovery on the cost of fuel at one of its major power plants and higher fuel costs hurt margins. More...

By Loknath Das On Saturday, May 13th, 2017

Another Jio Effect: Idea Cellular Posts Second Straight Quarterly Loss

The free offerings of Reliance Industries’ telecoms venture Jio, which started operations late last year, have sparked a fierce price war in the world’s second biggest mobile phone market, forcing rivals More...

By Loknath Das On Thursday, May 4th, 2017

ISRO unveils solar hybrid electric car for Indian automobile industry

ISRO has developed a high energy lithium ion battery that will be used in spacecrafts! But the best part of yet to be revealed. ISRO is all ready for a technology transfer of this innovation to the automobile industry More...