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INFO-TECH
OUTLOOK:
Sliding rupee to support Q1 earnings of cos
IT industry will, however, prefer a stable currency. Hyderabad, July 6 Technology sector earnings could well show a positive impact of the rupee depreciation by about 7 per cent, during the first quarter of financial year 2008-2009, and also ...
MERGERS & ACQUISITIONS:
War-chest of Big 4 crosses $5.2 billion
In strong position to pursue M&A deals. New Delhi, July 6 Top IT services companies - TCS, Infosys Technologies, Wipro and Satyam Computer Services - together have seen their ‘liquid assets’ surpass $5.2 billion during FY08. ...
HUMAN RESOURCES:
Corporates pruning health insurance cover for staff
High premium, claims cause for restrictions. Mumbai, July 6 Many corporates, particularly top IT companies and BPOs, are pruning the health insurance coverage for their staff, following sharp increase in premium rates. Some corporates have ...
HUMAN RESOURCES:
Perot works on loyalty factor in HR practices
Bangalore, July 6 While the Human Resource department in most companies is finding ways to beat the attrition challenge, Bangalore-based software services firm, Perot Systems, has decided to shift its focus from attrition to retention. ...
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