Tuesday , 17 September 2019
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Computer services in India to grow faster than exports: UN report

PTI United Nations India’s domestic market for computer services is forecast to grow faster than their exports, fuelled by the government’s Digital India programme and the country’s burgeoning start-up environment, according to an UN report. “The computer services industry in India is increasingly catering to the domestic market, leveraging expertise gained from exporting, while at the same time reducing an …

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ONGC jumps 9% after clarification on fire incident

IANS New Delhi Shares of Oil and Natural Gas (ONGC) jumped as much as 9.02 per cent to Rs 129.80 on the BSE in the early trade on Thursday. At 10.04 am, the stock was trading 8 per cent higher at Rs 128.60 a piece on the BSE. In comparison, the benchmark S&P BSE Sensex was trading 100 points or …

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‘Domestic growth of India’s computer services to cut ‘over-reliance’ on exports’

IANS United Nations The domestic market for India’s computer services sector is forecast to grow faster than its export market lessening its “over-reliance” on foreign countries, according to a report by the UN Conference on Trade and Development (UNCTAD). In India, which ranked second globally among the exporters of information communications technologies (ICT) services, the domestic market for computer services …

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Indian CEOs to be relatively silent on social media: Study

NT NETWORK Mumbai A study by ECCO International finds that Indian CEOs remain relatively inaccessible to consumers on social media as compared to their European and US counterparts. The study which looked at the largest companies by market capitalisation in 21 countries worldwide – reveals that 58% of global CEOs are active on LinkedIn, compared to only 20% of Indian …

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Jaishankar holds bilateral talks with Indonesian counterpart

PTI Jakarta In his first bilateral visit to an ASEAN country, Minister of External Affairs S Jaishankar on Thursday met his Indonesian counterpart Retno Marsudi and they agreed to step up cooperation in connecting Aceh and Andaman and Nicobar islands to promote trade, tourism and people-to-people contacts.  Jaishankar is on a September 4-6 visit to Indonesia. “FM Jaishankar and I …

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Difficult road ahead for auto industry with BS-VI: SIAM

IANS New Delhi Already grappling with a consumption slowdown, the road ahead for the Indian automobile industry seems to be “difficult” due to the upcoming transition from BS-IV emission norms to BS-VI, Society of Indian Automobile Manufacturers President Rajan Wadhera said on Wednesday. Speaking at the Federation of Automobile Dealers Associations’ Auto Retail Conclave 2019, he noted that even as …

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Auto dealers count on healthy festive sales

IANS New Delhi Faced with a consumption slowdown along with the high cost of finance, the country’s automobile dealers expect a partial turnaround during the upcoming festive season which will also lead to job regeneration. The sector has witnessed around 2 lakh job losses due to the sales slowdown. At present, the sector suffers from a sales downturn due to …

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Build customer loyalty first, profits will follow: Study

​IANS New Delhi Advertising professionals are chasing return on investment (ROI) which is a somewhat flawed exercise as they must focus more on delivering customer experiences and building loyalty, a new report said on Wednesday. On the other hand, said Adobe’s “2019 Digital Trends Advertising in Focus” report, two-thirds (64 per cent) of marketers stated that content and experience management …

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India’s coal-fired energy sector faces risk: Report

IANS New Delhi India’s coal-fired energy sector is facing increasing pressure due to generator over-capacity, water shortages and the rise of low-cost renewables, a report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA) and the Applied Economics Clinic (AEC) said on Wednesday. The report — ‘Risks Growing for India’s Coal Sector’ — provides an overview of the …

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Centre to announce measures for real estate this week

IANS New Delhi After a slew of reform measures announced in the past fortnight, the central government is likely to come up with major announcements to boost the real estate industry this week. According to official sources, the package for real estate industry would include additional funds for housing finance companies (HFC) and norm relaxation for developers seeking bank loans.  …

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