Sensex slumps on growing fear of US recession Bombay Stock Exchange 30-issue Sensex barometer resumed sharply lower at 17,515.62 points and remained in negative terrain throughout the day and touched a low of 17,294.73 points...
US recession may gag the BPO growth, finds study India and other low-cost labour markets could see growth in outsourcing services slowing down in 2008 due to the looming global recession, a global strategic advisory firm has said.
Infy, TCS among best global BPOs Reflecting the outsourcing prowess of India Inc around 20 Indian companies, including the likes of Infosys, Wipro and Tata Consultancy Services, are among the best in the world.
A Nestle employee takes bottles of water from the Nestle supermarket for staff at the Nestle headquarters in Vevey,
Switzerland, on Thursday. Nestle, the world's biggest food and drink company, reported a 16 percent rise in full-year net
profit Thursday on strong growth in all its businesses, as tight cost controls helped it offset higher prices for raw
materials. AP
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