NEW YORK (Reuters) – Stock indexes fell 2 percent on Tuesday, pushing the S&P 500 below the 1,000 threshold, on increased worries there could be more bank failures and concerns that equity prices may have run ahead of the economic recovery. The Dow Jones industrial average los…
‘This year and next will be tough for IT and BPO’
Posted on: August 10th 2009 in Market News.
The Indian IT and BPO industry has been going through a rough patch in the recent past. Going ahead too, this year and the next will be difficult years for the industry, says Noshir Kaka, director and global leader for outsourcing and offshoring practice, McKinsey and Company. In an inter…
Big tech earnings week will reveal economic trends – Wall Street
Posted on: July 19th 2009 in Press Releases.
SEATTLE (AP) — The technology sector is often talked about as if it were a unified front, an easy-to-define monolith. People say technology stocks rose or technology stocks fell. Tech helped drive a huge boom in the 1990s, and when that collapsed in 2001, tech contributed to the las…
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