MNCs unleash power games in India
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General Electric (GE), the worldâs largest conglomerate, has divested a majority stake (60 per cent) in its back office arm - GE Capital International Services (GECIS) â-or $480 million to two private equity firms, General Atlantic Partners and Oak
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It may now be the turn of Indian companies to offshore outside India their IT services requirements.
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Indian outsourcing companies are hiring workers and opening offices in other developing countries.
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Wind power is emerging as a alternative in fast-growing countries like India and China that are avidly seeking new energy sources.
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NEW DELHI -- India may soon have stores displaying the Wal-Mart brand despite government rules that prevent foreign companies from operating multi-product retail chains here.
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National Basketball Association players will stage their first event in India next July in New Delhi as part of the Basketball Without Borders global development and community outreach program.
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Developers by the thousands flocked to the International Convention Center in Hyderabad, India last week as Sun Microsystems kicked off the second leg of its world-spanning series of Tech Days conferences. The theme of the event was "shape your future" -- and indeed, no slogan could be more appropriate for Sun, its developers, and its partners.
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NEW DELHI/MUMBAI  - Executives from U.S. retail giant Wal-Mart toured Indian stores on Thursday as they work on a deal that could change the face of the country's $300 billion retail sector and has sparked fears of mass job losses.
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As India and the United States gradually relax policies on military collaboration between the two countries, American companies hope to compete for contracts worth billions of dollars..
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The Indian cricket teamâs victory over Pakistan on Monday in a new lean, swift version of the elegant old game came to signify something far larger than itself.
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FARIDABAD, India -- Ashok Gupta's modest plastic-packaging factory is the oldest in town, and its age shows. The root of all his problems is electricity.
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India has joined a select band of countries with special status with the European Union (EU). The other nations that enjoy a &#39;strategic partnership&#39; with the EU are the United States, Canada, Japan, China and Russia.
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India on Tuesday led a clutch of  emerging economies in asserting their growing clout on the  world stage by objecting to a landmark overhaul of the way the  International Monetary Fund is run.
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General Electric has selected Indian outsourcing company HCL Technologies to set up and operate GE's development centers in India and China. HCL, of Noida, near Delhi, will set up and operate the centers over three years, HCL said on Monday. It declined to give specifics, but such centers often develop software for use internally by companies.
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The pace of change in India is supercharged because the country is catching up to, and in some cases leapfrogging, developments that took decades to play out elsewhere.
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Wanting to take some weight off the Mumbai power grid IBM is trying to sell mainframes to companies in India, Russia and China, promoting them as ways to reduce power and cooling costs. It said that the power grid in places such as Mumbai is creaking under the strain of server sprawl, as companies plug in more and more Wintel boxes.â¦
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Asian giants India and China opened a first round of "strategic dialogue", officials said, as their regional and international influence surges despite a nagging border dispute.