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GECIS
- Retrospective taxes to hit foreign investors: GE CEOGE India CEO ohn Flannery said the ‘retrospective taxes’ proposed in the Union Budget do not provide a stable policy for foreign investors.
- Punj Lloyd Q4 net profit at Rs 18 croreThe company's total income rose by 30.89 per cent to Rs 2,326 crore during the quarter vis-a-vis the corresponding period of the previous y...
- Punj Lloyd forms JV to enter aerospace sector; stock downPL Engineering, a Punj Lloyd Group company, has signed joint venture agreement with GECI Transportation and Engineering, a subsidiary of Fr...
Information technology: The wonder decadeWhat started as an industry riding the demand from global customers seeking to make their IT and business systems Y2K compliant is today al...- Early detection helped Genpact tackle slowdownThe company kept salary hikes in the range of 7-8 %, compared with the industry norm of 10-12 %.
- Stitch in time saved millions for GenpactEverything was hunky-dory for India’s business process outsourcing (BPO) industry way back in 2007.
- Early detection helped Genpact tackle slowdownTo control infrastructure costs, Genpact took up space in SEZs at rates 50% lower than market rates and expanded into tier-II cities, where...
- 'Opportunity for monetisation of captive BPOs in 18 months'The captive BPO as a model may be under a cloud, but there could be a window of opportunity for parent companies in divesting them particul...
- SC stays income tax notice against General ElectricThe Supreme Court on Friday stayed the notices issued by the Income Tax department demanding payment of capital gains tax from US-based Gen...
- PE Funds: To trust or not to trustGovt and RBI's concerns over colour and tenure of foreign capital flows are at the heart of debate. Reliance Power IPO | Sadhus turn smart ...
- Now, I-T smells share in GECIS stake saleThe income-tax department has sent notices to Genpact asking for details of the $500-million deal in 2004 when GE sold off its 60% stake in...
- Prudential may sell India BPOThe company is in initial discussions with investment bankers for a possible deal.
- Blackstone close to buying Intelenet for $200 mnPrivate equity firm Blackstone that was in the race to acquire Intelenet is close to clinching the deal for $200 million that will give it ...
- Indian agencies make perfect global pitchLast week, Ogilvy & Mather India was asked to be the lead agency for a pitch in Kuala Lumpur.
- Capital gains tax on Hutch-like dealsThe I-T dept thinks transfer of beneficial interest of any asset in India is liable to capital gains tax.
- Score more with a longer stayNew economy companies are paying out 25-30% as cash bonuses if employees stick on.
- WNS names Arjun Singh new CEO for BFSI unitDomestic business process outsourcing major WNS on Thursday announced the appointment of Arjun Singh as Chief Executive Officer of its Bank...
- CA curriculum to alter course from Sept 1The changes in the new curriculum of chartered accountancy (CA) students are all set to be implemented by September 1.
- Genpact sees high churn at the topIndia’s largest BPO, Genpact is facing attrition at the senior and top management levels.
- Lucre lure: CAs could head for KPOsThe world of finance is likely to face a big hole in its chartered accountants pool as more and more pass-outs are headed towards knowledge...
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