Business Standard reported that senior executives of the country’s leading manufacturing companies are optimistic that the industrial sector, currently reeling under economic slowdown, could return to high growth trajectory with a ...
Tags: manufacturing companies, manufacturing, industrial sector, growth
China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno. The good news is that partnerships between ...
Tags: Rare Earth, interview
China Daily reported that if the lottery system allowing people to purchase automobiles in first-tier cities was expanded to all major cities across the country, it would be a big damper for the country's steel industry. China's steel ...
Tags: lottery system, automobile, steel industry, China
US railroads in 2012 hauled less coal, by far the largest commodity to travel by rail, but made gains in other commodity groups, such as petroleum products, which saw growth of more than 46%, according to annual traffic data released ...
Tags: US Rail Traffic, Coal Woes, Oil Loads Climb, Chemicals
Mr SK Tripathi CDM of MSTC spoke to Excerpts of Business Line about how the high dividend paying company is reengineering its strategies to adapt to changing economic realities and improve profitability. Q-How has the economic slowdown ...
Tags: economic, revenue, market, E-commerce
In 2008 London accounted for 33.8%of new UK IT jobs.Most other regions recorded a reducing share of new jobs. A large proportion of London-based IT jobs are in the financial services sector which was hit hardest by the economic slowdown ...
Tags: IT workforce, London
The UK IT industry will decline in real terms until at least 2016, and there is a real risk of the sector reaching a decade of downturn, according to research from TechMarketView (TMV). The analyst firm said the take-up of technologies ...
Research into the UK outsourcing sector in 2010 found that 7.4% of the UK’s total production came from outsourcing, and about a third of that – some 38.7bn – was IT outsourcing. It is a sector that adapts to market ...
Tags: UK, outsourcing, IT outsourcing, company news
The Government of India has announced extension of two percent interest subsidy on some labour-intensive industries, including textiles, garments and handicrafts, for one more year till March 2014. Addressing a press conference, ...
Tags: Indian govt, interest subsidy, textile, exports, garments, handicrafts
Cloud computing is an increasingly significant segment of the IT outsourcing sector, but has a tipping point really been reached or are we one large data breach away from an about-turn? The cloud currently represents only a fraction of ...
Tags: Cloud Driving, Computer Products, IT Outsourcing, Outlook
Business Line reported that stressed cash flow has forced Shipping Corporation of India to go slow on its vessel acquisition plan. Mr S Hajara CMD of SCI said that SCI was not aggressively perusing its proposed new acquisitions. The asset ...
Grasim Industries Limited, an Aditya Birla Group company, announced its results for the second quarter ended 30th September 2012. Revenue for the quarter grew by 15 per cent from Rs.5,755 crore to Rs.6,602 crore. PBIDT for the quarter was ...
Tags: Grasim Industries Limited, Viscose Staple Fibre, Chemical business
The opening address to the 162nd Meeting of the OPEC Conference, by HE Abdul-Kareem Luaibi Bahedh, Minister of Oil of Iraq and President of the Conference: Excellencies, ladies and gentlemen, Welcome to Vienna for the 162nd Meeting of ...
Tags: Oil, OPEC Conference, Gas, economy
Cisco Systems is to cut around 1,300 jobs or 2% of its workforce in continued efforts to cut costs and streamline decision making. The company said in a statement: "We routinely review our business to determine where we need to align ...
Tags: Cisco Systems, jobs, workforce
Monthly coal exports from the three coal terminals in Virginia's Hampton Roads port complex declined 3% in November to 3,251,476 st from 3,352,315 st in November 2011, according to data released Wednesday by the Virginia Maritime ...
Tags: coal exports, metallurgical coal, coal