Business

New York, May 9 (IANS) Twenty-one Indian companies, including Infosys Technologies, Tata Consultancy Services (TCS) and Wipro, are among the top 100 BPO firms in the world, according to a new study.

San Francisco, May 8 (DPA) Microsoft's bankers have approached Facebook about a purchase of the social networking site as an alternative for its failed takeover bid for Yahoo, an American business journal has reported.

New Delhi, May 7 (IANS) With a slowdown looming over India's realty industry, developers are shifting their focus to 'affordable' housing.

Sydney, May 7 (IANS) India and China will be the new global players competing for a huge chunk of tourists, transforming the geopolitical landscape. The US, though a key factor, will have less influence, according to a study.

Kolkata, May 4 (IANS) The Reserve Bank of India (RBI) will launch an IndiaPay credit card - an Indian version of the China UnionPay card - by the end of next year.

New York, May 4 (DPA) Software giant Microsoft said it has withdrawn its offer for Yahoo after its higher offer failed to move the internet company.

London, May 2 (IANS) British Prime Minister Gordon Brown has urged Europe and America to keep their trading borders open despite the twin pressures of an economic downturn and the rise of India and China.

Ahmedabad, May 1 (IANS) Appreciation of the Chinese yuan and a drop in China's cotton output have helped the Indian textile industry emerge as a major exporter once again, overcoming one of its worst phases, says a top official of an industry lobby.

Mumbai, April 28 (IANS) With the annual rate of inflation in India ruling at 40-month highs, tough measures to curb money supply are anticipated when the central bank announces its monetary policy for this fiscal Tuesday, analysts say.

Bangalore, April 28 (IANS) It is the turn of Indian semiconductor industry to feel the heat of US recession and dollar depreciation after its big brother - the software industry - was jolted by the tightening of IT spending by US-based firms.