Category: Business
-
Beware of bad credit traps for migrants
•
Australia Day is the time when thousands of new Australians are welcomed into the country’s dynamic multi-cultural society, but a national credit repairer says the road to financial success in Australia can be a harsh one for new migrants. Busy with starting a new life in the new country, many…
-
Auckland leaders oppose outsourcing at port
•
As many as 28 Auckland local board members from 10 boards have joined hands to call for Ports of Auckland to return to good faith bargaining and drop plans to outsource jobs at the port. Ports of Auckland Ltd is a council-owned company. We support its operational independence, but the…
-
Sonu Nigam: The lord of cords
•
Well, the king of cord, Sonu Nigam demanded no such attention and yet my heart and soul played to each note he sang.
-
Foreign-owned mining projects don’t benefit Australia, economists warn
•
Mining projects in Australia have limited local content and are foreign owned, with little direct benefit to the Australian economy, economists Peter Sheehan and Bob Gregory warn. Compounding this trend is the shift towards offshore liquefied natural gas mining, which relies heavily on foreign-supplied equipment, and the high value of…
-
NZ to treble merchandise exports to India by 2015
•
New Zealand plans to treble merchandise exports to India to NZ$2 billion by 2015 and is working on a strategy that envisages that India will be a core trade, economic and political partner for New Zealand by that year. As part of the strategy, New Zealand also wants to attract and…
-
Tax identity scam on rise in Australia
•
Australian tax payers should be aware of scams designed to extract tax file numbers for the purpose of identity fraud. This could leave their bank accounts empty and credit files ineffective for up to five years, says an Australian credit information expert. Director of MyCRA Credit Repairs, Graham Doessel says…
-
Indian mobile services market to reach INR671B by 2015
•
India’s mobile services market in India is set to reach INR671 billion by 2015, when it will account for about a third (31 percent) of overall wireless revenue. These are the estimates of technology adviser Analysys Mason and the Internet and Mobile Association of India (IAMAI). The estimates were published…
-
New Zealand’s prosperity depends on Asia – expert
•
A leading foreign policy expert says it’s time for New Zealanders to think more broadly about this country’s engagement with trading and security partners in Asia. Professor Robert Ayson of Victoria University’s Centre for Strategic Studies, says that while New Zealand’s economic and security interests have been encouraging a closer…
-
Kamath to head Infosys
•
He has led India’s largest private sector bank. Now he will lead one of the world’s largest IT services company. KV Kamath is not an unfamiliar name in India’s corporate sector. However, he is from the banking background, having joined ICICI soon after passing out of India’s premier management institute,…
-
Young Indians ready to mingle with business leaders
•
In a country where 67 percent of its population is below 30 years of age, engaging with the youth is central to its progress. As India prepares for its fastest growth over the next three decades, a forum is shaping up in Mumbai to bring together 300 of India’s brightest young minds, and the…
-
India’s tax officials to review all property deals
•
With the growing pressure to tackle the black money issue, India’s income tax officials have aimed their guns at the country’s biggest source of black money – property. Under scanner will be the real estate deals likely undertaken in the 2010-11 year. Indian tax officials will begin reviewing properties bought…
-
Indians may compete with foreigners for top jobs
•
Soon, Indians competing with foreigners for C-level jobs in India will be a major trend, according to a study. The world will witness reverse brain drain, and the vast vacancies for CXOs in countries like India will be filled not only by returning Indians, but also by Americans and Europeans…
-
Rakesh Kapoor becomes global head of Reckitt Benckiser
•
Indian-origin Rakesh Kapoor will head the global operations of Reckitt Benckiser Group plc (RB), a £8 billion health care and personal care company. At a time when major consumer brands are struggling to maintain sales in Europe and the US, Kapoor’s appointment is expected to benefit RB to expand in…
-
Rohit Kapoor Joins CA Technologies Board
•
CA Technologies have appointed Rohit Kapoor to its board of directors. The 46-year old chief executive of ExlService Holdings Inc. will join the board the board’s Audit Committee. Nine of the 10 directors on the board are independent. The FORTUNE 500 company is one of the largest independent software companies in the…
-
Why are NRIs so touchy about India?
•
Call them NRIs, people of Indian origin (PIOs), or the most recent label – overseas citizens of India, they have one thing in common – their overt patriotism. Does it occur to them that “patriotic non-resident Indian” is an oxymoron? Just like ‘dancer Sunny Deol’, an ‘orator Azharuddin’, or an…
-
Investing in women is the highest-return venture – Sonia Gandhi
•
Speaking at the Commonwealth Lecture in London, Sonia Gandhi called for women’s voices and concerns to be heard in the global climate change debate, to “help the world find a more sustainable and less consumerist path to development”. “Among all the challenges facing humankind in the twenty-first century, few are…
-
New Zealanders keen to work in Christchurch
•
As many as half a million New Zealanders are willing to work in Christchurch and help rebuild the city destroyed in the recent earthquake. Many of those who left Canterbury also plan to return, as per the findings of the first official poll that estimated the work force available to…
-
Mobile sales to reach $229M by 2015
•
Indian market handset sales are expected to approach 229mn units in 2015, as mobile subscriber penetration soars towards 145 percent. Indian mobile phones sales accounted for about 33 percent of Indian consumer electronics spending in 2009, according a the “India Consumer Electronics Report Q2 2011″by Dublin-based firm – Research and…
-
Infosys faces US visa and tax fraud allegation
•
Infosys is facing allegations of violation of US immgration laws, as per a complaint by one of its American employees. The employee has filed a case against Infosys accusing the Indian company of visa and tax fraud, a PTI report says. Jack Palmer, the employee, says that Infosys sent “lower level and…
-
India’s Aurobindo Pharma receives USFDA approval
•
Aurobindo Pharma Limited has received tentative approval from the US Food & Drug Administration to make and sell Venlafaxine Hydrochloride Extended-release These capsules are indicated for the treatment of major depressive disorder (MDD) and falls under the Neurological (CNS) therapeutic category. The product has a market size of US$ 2.4…