Archive for September 23rd, 2009

India May Lead the Second Wave of IT Adoption :)

As companies kept up investments in spite of the downturn and seemed more advanced than their counterpart globally it is said that India may lead the second wave of IT adoption. IBM Corp. has come up with the concerned statement. According to the IBM survey, 40% of Indian companies stated that they wanted to be [...]

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Bharti-MTN Deal May Hit Turbulent Weather with New Takeover Norms in Place!!

The $23-billion equity swap deal proposed by Bharti Airtel and South Africa’s MTN may hit turbulent weather with India’s capital markets watchdog amending the merger and takeover norms involving international transactions, experts said Tuesday. In a move that surprised the corporate sector, the Securities and Exchange Board of India (SEBI) Tuesday said the mandatory open [...]

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Banking To Turn More Customer Friendly ;)

The Banking Code and Standards Board of India (BCSBI) revised the Code of Banks’ Commitment to customers, in consultation with the Reserve Bank of India (RBI) and IBA. The move will make banking more customer-friendly, as it promises more transparency in banks’ functions and dealing with the consumers. The reviewed code leads banks to disclose [...]

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