More than half of sales were by state-owned companies that paid near-zero fees and crowded out private firms, putting pressure on banking revenues.
Vikram Pandit, Cheif Executive of Citigroup, is accepting only $1 a year in pay until his bank is consistently profitable. New York magazine called Pandit the “Most Powerless Powerful Man on Wall Street”.
Big names in the international business market have bought advertising space on the iPad. Will others follow suit?
When Jack Welch visited India around two decades ago scouting for partners to sell his company’s healthcare products, Wipro’s Azim Premji was one of the first partners for Mr Welch. Read on to find out about the new deal in the pipeline.
Economictimes.com has put together some of the major happenings of 2009. Read on to find what stories made the biggest news in the year 2009.
Over eight years after third generation (3G) mobile technology made its commercial debut in Japan, Indian phone users got only a taste of official flip-flop on roll-out of the service during 2009 that also saw CBI raiding telecom ministry over spectrum allocation.
A device preloaded with test papers, vocabulary guides, general knowledge & more!
The United Nations Climate Change Conference is taking place at the Bella Center in Copenhagen, Denmark, between 7 December and 18 December 2009.
Investigation found juice cartons, British newspapers, Walkers crisp packets, UK school reports and plastic bag sat the top of a stinking rubbish mound in Tamil Nadu. It was traced to the Walton-on-the-Naze home of Geoff Moore. . Waste from Britain is being shipped to India!
The US has recognised India as a "nuclear power" for the first time with President Barack Obama saying that India can be a full partner of the US in preventing the spread of atomic weapons and pursuing the goal of world without nuclear arms.
Amitabh Chaudhry, chief executive of Infosys Technologies' business process outsourcing arm has put in his papers.
The test has seen a drop in the number of registrations — from 2.76 lakh last year to 2.41 lakh this year. Is this because of its Online mode?
The Webby Awards, the leading international award honoring excellence on the Internet, released its list of the Top 10 Most Influential Internet Moments of the Decade. Read on to find out more.
A business can develop by organic growth or inorganic growth. Is organic growth is better than inorganic growth
The pick-up in the economy has kicked off hiring plans in India Inc, with companies looking at new recruitments as they go into expansion mode.