India's largest IT exporter, Tata Consultancy Services (TCS) is all set to call back about 20 per cent of its onsite staff in US to India, clearly to cut costs and mitigate impact of global slowdown on its overseas operations. The company is facing low demand with no new contracts from clients across the globe.
The German luxury car manufacturer, BMW AG Germany is on the verge of launching its five more new models in the Indian market.
In India, BMW marks its existence as BMW India, the wholly owned arm of the world’s major luxury carmaker.
BMW India has already launched the all-new 7 series sedan and the new 3 Series sedan. The company would also launch two more versions of the 7 series in the coming months.
Moreover, it will also launch SUV X6 and X3 diesel and a new sports model in 2009.
Asia's second-largest foreign telecoms operator, Telenor has scrapped its plans for a share issue to fund an Indian mobile operator, Unitech Wireless, following stiff opposition from shareholders. The firm said that it has also stopped dividend payout for 2008 and
2009.
The Norwegian telecom operator said that it would now arrange funds through debts and other financial modes. It has signed a loan worth Rs 8 billion Norwegian Krone that would be used to finance the Unitech Wireless deal.
For the recent few years, it is notable that various industry bodies have been putting a lot of stress on "Going green". However on Tuesday Cisco Systems came out with software that will help organizations chop energy costs and reduce their carbon footprints as it is capable of managing devices and systems that gather up power.
UK’s fourth major food retailer Morrisons has joined hands with Bangalore-based IT company Wipro Technologies for development of its subsisting IT systems and applications in order to support future growth plans.
Wipro Retail, a specialist division of Wipro Technologies, will deliver an operating model, which supports the strategic and commercial objectives of Morrisons, with 375 stores and annual turnover of £13 billion.
Both the companies have not disclosed the details regarding the size of the deal.
In a bid to add power to its pr
India's largest IT exporter, Tata Consultancy Services (TCS) is all set to call back about 20 per cent of its onsite staff in US to India, clearly to cut costs and mitigate impact of global slowdown on its overseas operations. The company is facing low demand with no new contracts from clients across the globe. 
The German luxury car manufacturer, BMW AG Germany is on the verge of launching its five more new models in the Indian market. 
Asia's second-largest foreign telecoms operator, Telenor has scrapped its plans for a share issue to fund an Indian mobile operator, Unitech Wireless, following stiff opposition from shareholders. The firm said that it has also stopped dividend payout for 2008 and 
For the recent few years, it is notable that various industry bodies have been putting a lot of stress on "Going green". However on Tuesday Cisco Systems came out with software that will help organizations chop energy costs and reduce their carbon footprints as it is capable of managing devices and systems that gather up power. 
UK’s fourth major food retailer Morrisons has joined hands with Bangalore-based IT company Wipro Technologies for development of its subsisting IT systems and applications in order to support future growth plans.
