National Association of Software and Services Companies (Nasscom) chairman Ganesh Natarajan said recently that the world is facing an economic meltdown but the youth can turn it into an opportunity wi

Meghmani Organics Ltd (MOL) targets at least 15-20% growth rate amid global slowdown. The company is focusing on the Dahej for its expansion projects, since it is a strategic location in view of expor

Engineering major Punj Lloyd Ltd has emerged the lowest bidder for the construction of Sikkim’s first civil airport, a senior company official said. The company expects the order by this week, h

China on Wednesday announced a major reduction in its benchmark interest rates and banks' credit reserve ratio in an effort to counter the slump in growth, brought about by a deceleration in exports,

The best-performing asset class in the year to date is also low down the risk scale – government bonds, also known as Gilts.

In line with its global cost reduction exercise, Cisco India, a subsidiary of global network technology major Cisco Systems Inc, has put on hold all recruitments. Additionally the company will shut d

Steel Authority of India (SAIL) is likely to review its long-term target of reaching production volume of 60 million tonne by 2020 because of the economic slowdown.

India’s state-run oil marketing companies will likely lose Rs 14,000 crore more by the end of the current fiscal from now, if the global crude oil prices remain at the present level, the Union P

“The Fed and other central banks that used to be the “lenders of last resort” have become the “lenders of first and only resort” as banks don’t lend to each other,

Wipro Technologies Ltd has asked about 5,000 fresh engineering graduates selected by it from various campuses to join its business process outsourcing (BPO) division, Wipro BPO, instead.