merinews: Business News Articles
Latest News Articles from Business

• Risk Management in Offshore Outsourcing
  Offshore outsourcing carries risks, both known and unknown. The offshore provider may not know that such risks exist. If he knows, he should have in place a plan to mitigate the said risks, if not eliminate them. The known risks are described here.
• European Central Bank pumps $500 bn into banking system
  The European Central Bank decided to lend $500 billion to the banking system as part of a global effort to ease credit-market stalemate. Though the grant is available only for two weeks, it is expected that it will boost the confidence of the banks.
• David Bussau: From orphanage to being entrepreneurs’ entrepreneur
  What makes David Bussau different from other providers of micro credit like the Nobel laureate Muhammad Yunus of the Grameen Bank who may have a bigger loan portfolio? The fact that David is an incubator of institutions.
• A Crisis of faith: Do Bankers, professionals have faith in US economy?
  Today, a crisis of faith is in the engine. Bankers, who control the flow of money in the form of loans and investments, are having a ‘crisis of faith’. They aren’t confident the President’s plan to help a group of homeowners will stop the train wreck.
• Age vs experience - who does the job market prefer?
  Even though experienced professionals are in demand equally in all sectors but they get placed mainly in services sectors. However, this also is a fact that the services sector is ahead of all other sectors in the nutty rush of hiring young people.
• Await organised retail of the Indian kind!
  Organised retail of the Indian kind, aimed at protecting the interests of the street-corner Kirana shops particularly those into food retailing, is in the offing. A report on FDI impact on food retail will be out by Mar 2008, says the government.
• NEFT/RTGS: Revolution in cost effective domestic money transfer
  NEFT / RTGS are the cheapest mode of transferring money through banks in India. Corporates are saving huge money by utilizing the two but lack of awareness depriving the general public from such cheapest and fastest mode of transfer of money.
• India’s trade surplus with Singapore reduced post-FTA
  India’s trade surplus with Singapore shrunk after the comprehensive economic cooperation agreement between the two countries came into force. However, one notable point is that the share of India in Singapore’s global imports has increased.
• Austria sees big business opportunity, market in India
  Martin Bartenstein, Austrian Federal minister for Economics and Labour while addressing the India-Austria Economic Forum organized by FICCI said Austria offered a safe and business-friendly environment for investment and lauded the increase in trade.
• Companies to offer flexible working hours to enhance productivity, cut HR cost
  Flexible timing is new mantra for employees, which is having a positive impact on productivity front. Employees see it as one of the best perks coming their way. Such offers help companies to increase productivity through engaged and happy employees.