Tag Archives: growth

Accenture on Fast track, Surpasses TCS in employees’ Headcount

Global tech firm Accenture is on fast track and bullish on its India operations planning to hire 95,000 employees in 2015, making it larger than Tata Consultancy Services in terms of headcount. “We ended the quarter with a global headcount of 336,000 people and we have approximately 237,000 people in our global delivery network,” said David Rowland, Accenture CFO in ...

Read More »

For Free Internet Visit Hussainsagar, NTR Marg, Necklace Road but…

The much-touted free Internet service for Hyderabad residents has been fulfilled by the Telangana government with IT Minister KT Rama Rao inaugurating the service in Hussainsagar, NTR Marg, Necklace Road but rules apply as it is free only for the first 30 minutes and BSNL charges will apply after that. For the service, BSNL and WiFi infra firm Quadgen Wireless ...

Read More »

Indian economy bright spot in global landscape, certifies IMF

India’s growth is set to rise to 7.2 percent in this fiscal with the economy reviving, helped by positive policy actions that have improved confidence and lower global oil prices, said the IMF giving a virtual go-ahead certificate to the global investors to throng the country. To continue on this trend, India needs to revitalise the investment cycle and accelerate ...

Read More »

Indian Muslims’ Growth at 24%: Will it Outnumber Hindus Ever?

With an increase of 24 percent from 2001 to 2011, Muslim population in India grew more than 6 percent compared to the national average of 18 percent. However, Muslims constitute merely 14.2 percent of the country’s total population, and it may not be possible for the religious minority to outnumber Hindus ever. The final figures will be released officially later, ...

Read More »

2014 Indian IT Sector Highlights

Though the first half of the year was challenging for various reasons beyond the industry’s control, the sentiment turned around and has been upbeat for the past six months, especially in the post-elections phase, with a stable central government in place, stakeholders said. “We have seen enterprises and product firms stabilising, delivering more business value and bringing transformation to their ...

Read More »

2014 Indian Tech Review: IT industry Succeeds in innovation with double-digit growth

Indian IT industry has recovered from a slowdown and managed to sustain a double-digit growth in the $120-billion segment that had a remarkable 2014, consolidating operations and using disruptive technologies, which ensures innovation to shed the old and adapt new. Though the first half of the year was challenging for various reasons beyond the industry’s control, the sentiment turned around ...

Read More »

Renault India to launch two new MPV models next year

French automobile maker Renault will launch two new MPV models next year in India, targeting 5 percent of market share of the Indian market in next three years, a top company official said. “Renault’s focus in 2015 will be on introducing two new products in very exciting segments-the MPV (multi-purpose vehicle) and the A-entry segment, which is the heart of ...

Read More »

Vaccine found to suppress tumor growth and spreading of breast cancer: Study

Researchers from Uppsala University found that a therapeutic vaccine directed against tumor vessels can reduce tumor burden and suppress formation of spontaneous lung metastases in a mouse model for metastatic breast cancer. The target molecule of the immunization strategy is the extra domain-A (ED-A) of fibronectin, a protein domain which is highly selective for the tumor vasculature in the adult. ...

Read More »

India Records Highest Sale of Tablets in Q3 Due to Festive Season: IDC Report

Owing to robust festive buying for Diwali and Dussehra in Q3, and strengthening commercial demand, India’s tablet market reported its strongest third quarter growth so far during July-September 2014, said a report by International Data Corporation (IDC) on Friday. Tablet market shipments in India witnessed a strong quarter-on-quarter growth of 10 percent making it a 0.94-million-unit market. “The initial phase ...

Read More »

India’s growth of 5.3 percent intensifies rate cut demands

The Indian economy logged 5.3 percent growth in the second quarter of this fiscal, against 5.7 percent in the first quarter, making ground for the central bank to ease interest rates and the government to push for reforms. Even though the 5.3-percent growth came as a pleasant surprise to some stakeholders who were anticipating a slightly lower rate of expansion, ...

Read More »

Protein Histone H3-3 Found To Have Altered, Stopped Cancer Cells’ Growth, Reveals Study

A protein called histone H3-3 plays significant role in capping the growth of cancerous cells, found researchers from the Icahn School of Medicine at Mount Sinai. They found during their experients that some changes to the protein structure altered the cancerous genes effectively stemming the cancer cell growth. Led by Emily Bernstein of Icahn School of Medicine at Mount Sinai, ...

Read More »

Fitch Pitches for India’s Robust Growth in Next 2 Years, Why?

Despite despair and slow-paced domestic growth, ratings agency Fitch on Thursday said that it expected India to have a more positive growth, as the economy gains momentum over the next two years. Fitch’s statement on the prospects of the India economy came up during questions asked by US investors on the financial health of banking institutions in emerging markets. "The ...

Read More »

RBI has chosen to maintain a Balance between Growth and Inflation while keeping the Policy Rates Unchanged

RBI has chosen to maintain a Balance between Growth and Inflation while keeping the Policy Rates Unchanged and Followed a Caliberated Approach to that effect: FM  Following is the text of the Statement of the Union Finance Minister Shri Arun Jaitley with regard to RBI Policy announced today: “The Reserve Bank of India (RBI) has reduced the SLR by 50 basic ...

Read More »

NASA to grow Lettuce Plant on Board ISS Space Station

NASA said it has sent a lettuce plant to the International Space Station (ISS) for astronauts to grow it on board to study whether the deployable chamber called the Vegetable Production System (Veggie) is capable of producing salad-type crops to provide ISS crew with a palatable, nutritious, and safe source of fresh food. The Veggie utilises the cabin temperature control ...

Read More »