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Crisis hits financial brands; Coca-Cola retains top slot18-SEP-09
The financial crisis has wiped out billions of dollars from the top 100 global brands, especially from the financial services sector but the top five — Coca-Cola, IBM, Microsoft, GE and Nokia — managed to hold on to their positions despite a challenging year, says a survey.
Sunil Jain: Servicing growth20-AUG-09
That the share of the services sector in GDP rises as per capita incomes rise is well known, but is the relationship a linear one? Barry Eichengreen and Poonam Gupta study services sector growth across countries and find the relationship progresses in waves. In the first phase, as per capita incomes rise, the share of services to GDP rises faster than the growth in GDP.
Price index for services sector likely in 6 months10-AUG-09
Price variation in sectors like railways, telecom to be covered.
Govt may give incentives to services sector in FTP01-AUG-09
The sector alone contributes over 40% of India’s export basket.
Sops likely for services sector in Foreign Trade Policy31-JUL-09
The government is considering extending incentives to the services sector, battling demand recession in Western economies, in the Foreign Trade Policy to be unveiled next month.
Non-financial services sector PAT to grow 15% in FY10: CMIE21-JUL-09
Profit-after tax (PAT) growth of the non-financial services sector is likely to see an improvement and is expected to clock around 14.9 per cent in the current fiscal on account of an accelerated sales growth, an economic think-tank said in its latest report.
Agriculture still plays role in poverty removal: World Bank study10-JUN-09
Agriculture, whose share in India’s output is shrinking because of higher growth in services sector, is still cited as major reason for people in rural areas to come out of poverty, said a World Bank study.
Telcos go creative on VAS21-MAY-09
The value-added services sector is expected to touch Rs 9,760 cr by end June.
iGate freezes hiring till Q3 CY0922-APR-09
Software firm iGate today said it has put a freeze on hiring till the third quarter of the current calendar year, when it expects a bounce-back in the global economy.
Nasscom sees $225 bn revenue by '2022-APR-09
'Growth will come from currently untapped verticals like healthcare, public sector.
Liberalise services sector: Ficci to Asean11-APR-09
The Federation of Indian Chambers of Commerce and Industry (Ficci) has demanded greater market access for the country’s services sector in the Asean market, which comprises 10 South East Asian nations.
Ficci asks ASEAN to liberalise services sector10-APR-09
A day ahead of the India-ASEAN Summit in Thailand, industry body Ficci has asked the 10-member bloc to liberalise services sector for a balanced outcome of a trading pact for breaking duty barriers between New Delhi and the regional body.
FSA may expand regulatory role to examine working of banks19-MAR-09
The current global financial crisis has forced UK’s Financial Services Authority (FSA) to tighten its grip over the financial services sector, with some of the options being considered including monitoring the working of banks and other financial services players.
Villages pip urban India in services sector: Study27-FEB-09
Contrary to the popular and traditional perception that villages facilitate mainly agricultural activities, rural India also has a major contribution in the services sector, housing 60 per cent of the total enterprises in the country, a study has said.
One in every three companies reports net loss24-FEB-09
As many as 2,431 firms in manufacturing and services sectors post their biggest-ever net profit decline of 42.45 per cent.
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