Indian economy will grow by up to 8.5% in the current fiscal. Confederation of Indian Industry President Hari S Bhartia said “CII estimates GDP growth at 8-8.5% in 2010-11 …A recovery in agriculture is likely in the coming years leading to upside in GDP growth; Industry and services to remain strong as capacity expansion takes ...
July-September quarter reflects better than expected economic growth for India. Finance Minister Pranab Mukherjee said Monday. “It indicates response to initiatives taken by the government in various policy measures including injecting stimulus, which we did in three doses over the last 11 months”. “I hope this (economic growth) will be around 7% this year,” Mukherjee ...
Indian online shoppers spend Rs. 1 lakh per year on online shopping. According to a credit card giant Visa, the Indian online user spends $2,066 on buying goods and services through the Internet every year. Travel is the main transaction online with Airline tickets accounted for roughly 22per cent, while travel information, accommodation, online agent ...
Microsoft still beat Wall Street estimates for its earnings per share by 25% (eight cents). Revenue drop by 14% and earnings by 18 . Revenue was $12.92 billion and beat estimates of $12.32 billion. EPS is $0.40 beat Street estimates of $0.32 EPS. Online services revenue is $490 million and the operating loss of online ...
Bharti-MTN USD 23 bn deal is called off because of the political approach of South African government. The MTN deal has been called off despite full support from the Indian government. Indian Inc is felt let down by the failure of the $23-billion proposed merger. The merger between Bharti and MTN would have provided a ...
The U.K. retail sector is stabilizing but isn’t yet experiencing a proper recovery, high-street retailer Next PLC’s (NXT.LN) chief executive said Wednesday. “I don’t think we’re seeing a recovery, as that would infer positive like-for-likes [sales] and I think we’ll remain negative for the rest of the year. But the numbers aren’t getting any worse ...