Software giant Infosys is planning to hire 13,500 more employees over the next nine months, according to Chief Operating Officer and Deputy Managing Director S. Gopalakrishnan. He said the addition would include 7,000 new employees during the second quarter. The news comes after the company added 3,056 employees in the first quarter of this fiscal [...]

Readers across India have been praising “The Voyage to Excellence,” a new book Nischinta Amarnath and Debashish Ghosh describing the stories of 21 of India’s most successful businesswomen. Anand Mahindra, Vice Chairman of Mahindra & Mahindra Ltd, says the authors “have done a wonderful job of capturing the thrills and challenges that pave the road [...]

In response to the Indian government’s aim to make the country a larger oil exporter, oil giant Shell has announced that it may build a refinery in India, the first of its kind by a major global oil company. Meanwhile, Essar Oil will build a refinery capable of producing 210,000 barrels a day. Domestic demand [...]

A new book called The Voyage to Excellence profiles the personal and professional lives of 21 Indian businesswomen who, as the foreward notes, “overcame significant odds, social or economic, to achieve success in her business.” The Voyage to Excellence, penned by two Chennai college students named Nischinta Amarnath and Debashish Ghosh, features interviews by some [...]

Aditya Birla chairman Kumar Mangalam Birla has decided to take over the companies owned by his grandfather BK Birla. The news comes after Grasim Industries sold its stake in BK Birla’s Century Enka company to the younger Birla’s TGS Investment & Trade, a sale which sources say is a precursor to the transfer of Century [...]

Representatives from India’s big IT companies will convene in Chandigarh on July 15th for a two-day “e-Revolution” conference put together by the Information and Technology Department of the Administration. The conference, which will be held in the Taj, will include discussions about IT and BPO trends, networking and learning opportunities, as well as a gold [...]

Wipro chairman Azim Premji urged India’s leaders to transform the country into a developed nation and increase its growth rate past today’s leading countries, during a keynote address at a CII conference in Bangalore. Premji stated that India could grow at an average six percent, surpassing Italy, Germany, and France sometime between 2015-2025 and past [...]

Steel giant Mittal Steel Co. will cut production by 1 million metric tons in the third quarter in an attempt to reverse a slump in prices and reduce overstocked inventory, said company owner and chairman Lakshimi Mittal. The decision came after steel prices fell 26 percent this year to $440 a ton while production increased [...]

German engineering firm Siemens announced that it has won a $400 million order to build a power plant for a Torrent Group subsidiary. The 1,000-megawatt-combined-cycle natural-gas-fired plant will be built in Akhakhol, Gujarat, about 500 miles north of Mumbai, starting in 2007. Siemens said it was would be making a “significant contribution” to India, where [...]

Fed up with hotel tariffs and traffic problems in Bangalore, software giant Infosys has built an in-house 500 room four-star hotel called “Le Terrace,” exclusively for clients and visitors coming to Bangalore. The five-story, Rs 40 crore building covers 275,000 square feet, and will even feature a French restaurant. Infosys has 36,750 employees of 53 [...]