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Online shopping flourishes through 'Third Factor'

E-commerce market in India may not be on the same level as it is in the U.S, but following the implementation of 'Third Factor' authentication process by RBI in August this year, the online shopping witnessed an unexpected growth.

3G in India and China to boost wireless broadband

Sparking a boom in new offerings, the launch of 3G in China and India by the likes of China Mobile and Bharti Airtel could boost wireless broadband worldwide as millions of users sign up for services.

Wipro's Infocrosssing signs deal with Cliffs

Infocrossing, a company acquired by IT firm Wipro, has entered into a multi-year agreement to provide infrastructure services to Cliffs Natural Resources, an international mining and natural resources company.

NetApp reports flat revenue for Q2FY10

NetApp reported results for the second quarter of fiscal year 2010, which ended October 30, 2009. Revenues for the second quarter of fiscal 2010 were $910 million, compared to revenues of $912 million for the same period one year ago.

Infosys Consulting plans U.S. buy

As part of its inorganic growth initiatives in the U.S., Infosys Consulting is planning to acquire a small consulting company with revenues in the $100-140 million range (Rs. 450-650 crore).

CIOs in India most focused globally: IBM

Seventy percent of chief information officers (CIOs) in India integrate business and technology to promote innovation for their organisation against 47 percent overseas.

It's hard for tech firms to crack deals in U.S., Europe

India's top tech firms are finding it harder to crack successful acquisitions as potential targets demand high valuations, and also the cultural barriers in several countries act as a bottleneck.

Listed or not, governance code for all firms

The Ministry of Corporate Affairs is all set to introduce a governance code for unlisted companies on the lines of the one for listed firms to encourage more companies to list on the stock exchanges.

Ciber to double the headcount in India to 1300

System integration consultancy and outsourcing firm Ciber plans to double its employee strength in India from its current headcount of 650, within a year.

What comes first for Indian CEOs - company or self?

As per a study CEOs are less likely to pursue actions that advance their interests at the expense of the organization and its stakeholders. However, in the Indian context how far does it hold true?

IT industry may seek government help to win 'offset' contracts

To ensure technology transfer from global defence majors for execution of offset contracts by Indian companies, Nasscom, the trade association for India's $60 billion IT industry, is seriously thinking of seeking government help.

My successor may not be from India: Ratan Tata

Ratan Tata, the 71-year-old Chairman of Tata Group, whose tenure ends in 2012 told Wall Street Journal in an interview that his successor could be an expatriate. All but one of the group's past chairmen have been Tatas so far.

1,000 German firms may come India in 5 years

Upbeat on the second fastest growing economy in the world, about 1,000 German firms may invest in India in the next five years, the head of Baden-Wurttemberg, regarded as the most successful German state, said today.

Female corporate leaders more risk aversive than male?

More and more women in the corporate space are paving the way for superior leadership roles with firms realizing that the fairer sex are more risk-aversive and focused on long-term interests than their male peers.

C-class markets, new destination for Indian firms

Marketing in India can be divided into two categories - one for middle class segment and the other one called as C Segment of socio-economic classification.

MNC R&D talent pool to touch 2.84 lakh by 2015

The MNC research and development talent pool in the country, which stands at 1.73 lakh now, is likely to touch 2.84 lakh by 2015.

37 firms send legal notice to Satyam

37 firms are claiming that they had paid money to Mahindra Satyam in advance when it was headed by its controversial Founder Ramalinga Raju.

Birla Corp to lay off staff at Kolkata division

Birla Corp, the flagship company of the M.P. Birla group, has informed stock exchanges that a "layoff" would take place at its vinoleum division at Kolkata from Tuesday.

Indian firms getting used to the 'power of two'

When drug firm Merck bought Schering-Plough this month, it decided to go off the beaten track. Instead of having one MD for the merged entity, it decided to retain two. Co-CEOs in companies are slowly getting over the problems of power-sharing.

Unisys plans strategies for UID project

Unisys has set up a team in India to develop solutions for the country's Unique Identity (UID) project.