| India's enterprise software market set to grow by 12% | 17-NOV-09 |
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| Asia Pacific’s enterprise software market revenue is forecast to reach $22.1 billion in 2010, posting a 10.2 per cent growth, according to Gartner, Inc an information technology research and advisory company. This represents an upturn from the expected 6.6 per cent growth in 2009, which is a notable slowdown compared to 2008 growth of 13.8 per cent. Within the region, the volatile economy is said to be impacting the application software segment more than the infrastructure software segment. |
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| Everonn to double points of presence | 10-NOV-09 |
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| Everonn Education Ltd (formerly Everonn Systems) plans to invest Rs 100-130 crore in 2009-10 to expand its points of presence in the country and grow its virtual classroom vertical, ViTELS (Virtual Technology-Enabled Learning Solutions). |
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| Lupin sales growth leaps over volume growth | 22-OCT-09 |
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| Lupin— the largest manufacturer of anti-TB drugs in the world — has recorded one of the sharpest rise in sales in the domestic market over the last 12 months, according to the latest data available from research firm ORG-IMS. |
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| Sigma-Byte to focus on education, goverment sectors | 21-SEP-09 |
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| One of the largest network cabling integrator in the country, Sigma-Byte Computers Pvt. Ltd., launched its network cabling services in Gujarat recently. With its new branch set up in Ahmedabad, the company, in association with Commscope Enterprise Solutions, intends to cater both large enterprises and small and medium businesses (SMBs). |
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| A new high for Officer's Choice | 17-SEP-09 |
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| Three years ago, Officer’s Choice was selling just five million cases a year and its market share was around 10 per cent in the regular whisky segment. |
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| Ness Tech to scale up India operations | 09-SEP-09 |
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| With the key IT outsourcing markets showing positive signs in terms of demand, Ness Technologies which provides R&D services to its global clients from offshore locations, has announced to expand its Indian operations. |
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| MF assets may grow 29% annually till 2014: Report | 14-AUG-09 |
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| The country’s burgeoning mutual fund industry is expected to see its assets growing by 29 per cent annually in the next five years, with high household savings rate and low retail penetration attracting foreign asset managers, a report has said. |
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| Riding on revival signs, IPA eyes modest growth | 11-AUG-09 |
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| Indian Paint Association (IPA), representing the paint makers in the country, expects a modest 10-12% industry growth in 2009-10 on year on the back of initial signs of revival in the user industries and softening of crude prices. The industry recorded a meagre 8-10 per cent growth last fiscal, down by 5-6 per cent on account of recession causing slump in demand and rising crude oil price which touched an all-time high. |
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| 'India's consumer comm mkt to reach Rs 24k cr by 2013' | 27-JUL-09 |
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| The total revenue of India's consumer communication market is likely to touch Rs 24,000 crore by 2013 driven by good growth in the broadband and internet access sectors, global information technology research and advisory company Gartner says. |
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| Fret not on stocks | 19-JUL-09 |
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| After the Budget, the markets went down from 14,900 to around 13,400 in the next few days. Then there was a sudden turnaround and the markets are once again back to around 14,300. There are several reasons that can be attributed to the rise or fall of the index and a lot of dissection can be done. Does it do any good for people planning to invest? In fact the volatility of the markets and some of the stupid buy points that are suggested causes anxiety, and people end by not doing anything. |
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| Cisco eyes bigger pie in edu, manufacturing sectors | 09-JUL-09 |
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| Networking and information technology giant, Cisco, expects a bigger share of business from education and manufacturing sectors and is in the process of customising new solutions for its clients. |
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| Still shining | 06-JUL-09 |
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| There is no doubt that the economic slowdown impacted a large number of sectors in the second half of the last fiscal year. But, a robust sales (value) growth of about 18-19 per cent and profit growth of about 14-15 per cent in 2008-09 reported by the fast moving consumer goods (FMCG) sector does not suggest any slowdown. |
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| IT/ITeS industry to grow at CAGR of 13.9% in 5 years | 23-JUN-09 |
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| After growing at a compounded annual growth rate (CAGR) of over 30 per cent for the last five years, the Indian IT and ITeS industry is set for a correction. The second phase or growth phase 2.0 of the industry which has been plagued by the global economic recession, will see a moderate CAGR of 13.9 per cent in the next five years (2008-13), analyst firm IDC India said in a report. |
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