Number of women workforce is rapidly increasing in Indian IT and business process outsourcing industry. It accounts for 28 per cent of the total two million workforce in 2007-08 as per data of National Association of Software and Service Companies. It stood at 24 percent in 2005-06.
Many companies have also provided the leadership roles to women in their senior management.
NVIDIA Corporation introduced a 'Tesla Personal Supercomputer' at very attractive prices in Indian market. It would provide much higher efficiency and performance over ordinary desktop.
Tesla Personal Supercomputer can be assembled at local level and plugged into the normal power sockets for house hold use. It comes with graphics processing unit (GPU) technology which is also used by computer manufacturers such as Dell, Lenova and HP due to its efficient performance. The company has spent $500 million to develop the processor which would revamp the data processing by computer. '
Real estate companies are likely to slash prices to boost demand in reality business. It is to be noted that Union Finance minister, P Chidambaram recently asked industry to slash prices so that the desired targets of industrial growth can be achieved.
Realtors seem to get the message and are expected to decide on price slash within few days. Real estate sector is facing tough situation amid ongoing world economic crisis. Home Buyers have declined in number as banks are offering home loans at high rates, which are not affordable for Indian working and business class.
Barclays Wealth has entered the Indian market by launching its facility in Mumbai on Wednesday. A special ceremony in this regard was attended by cricket legends Kapil Dev, Allan Border and Clive Lloyd, besides company executives.
Barclays Wealth is a leading financial services provider in the world. It would provide private client advisory, succession planning and investment services to well to do people for their wealth management.
The largest Indian passenger car maker Maruti Suzuki, launched a new car model A-Star on Wednesday. A-Star is developed at the Manesar facility of the company and it is the fifth model in A2 segment. The car would also be exported in Europe, Middle East, Latin America, Asia, Australia and Africa. The company has set a target to sell 50,000 units of A-star in Indian market while one lakh units would be sold in international markets. The company is optimistic to export 2 lakh units by 2010-11.
Global slowdown failed to affect gold prices in India. Gold prices registered a growth of 66 per cent in the third quarter of 2008. Investors across the world preferred to invest in gold, considering it as the best investment option amid volatile market conditions, following the global slowdown.
The demand for yellow metal in India increased to 250 tonnes in the third quarter of 2008, which earlier stood at 190 tonnes in same period of 2007.