SERVICE SECTOR

  • Service sector growth falls sharply in February: Poll March 5, 2013

    Bangalore: Indian services growth eased off the accelerator last month as new orders failed to keep up with January's blistering pace, a business survey showed on Tuesday, although companies remained optimistic about future business. The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell...
  • Nielsen boosts TCS contract to $2.5 billion February 12, 2013

    Mumbai: Nielsen Holdings NV, best known for its TV ratings, increased the size of its contract with India's top software services exporter, Tata Consultancy Services Ltd (TCS.NS), to $2.5 billion from $1 billion. The expanded contract, among TCS's largest, comes at a time when there are expectations that India's $100...
  • Signs of growth in emerging markets: HSBC survey January 10, 2013

    London: Emerging markets ended 2012 with a modest acceleration in economic growth thanks to a pickup in manufacturing activity that hints at further improvement in coming months, a survey found on January 10. All four big BRIC economies posted a rise in economic activity in the last quarter of 2012,...
  • India's stimulus plans stunned, GDP falls to 5.3 pc February 28, 2009

    New Delhi: The latest health report of the economy is not good. Despite attempts by the Government to talk up the growth story, the country's GDP has declined sharply to 5.3 per cent from last year's healthy growth of 8.9 per cent. This is slowest quarter growth for the year...
  • India Inc on a hiring spree, says Manpower Survey September 12, 2007

    Mumbai: Industrial growth may be dragging and the markets getting volatile by the day, but yet India Inc is well and raring to go. A recent Human Resource study, by Manpower Inc shows that about half the number of companies surveyed will hire more staff. That's the highest for...
  • New industrial policy unveiled for NE March 30, 2007

    New Delhi: The Centre on Thursday unveiled the North East Industrial and Investment Promotion Policy (NEIIPP), 2007, which has retained most of the fiscal incentives and other concessions granted under NEIIPP 1997 but hiked the capital investment subsidy and also raised the ceiling for the same by as much as...
  • Services sector shows great momentum February 27, 2007

    New Delhi: The growth momentum in the services sector has been well maintained, accounting for over 55 per cent of the economy even though industry grew at a pace of 88.7 per cent since 19992000. Services contributed as much as 68.6 per cent of the overall average growth in GDP in...
  • China follows India, expands services September 1, 2006

    Beijing: In a move to address the growing energy crunch, China has decided to emulate countries like India by altering its current industrial structure and increasing the size of its service sector. China will improve energy conservation by increasing the proportion of the service sector in the economy, the State Council,...