IT, Modi, rupee & markets dominate news this week

THE ECONOMIC TIMES Sat, Jun 29, 2013 | 12:19 PM IST Weekly Platter Newsletter

Worried Indian IT companies hope for softer final version of immigration bill Analysts said that IT companies are looking at increasing their US hiring or sending more work offshore to try and mitigate the likely impact on their business and profitability. read more Ford EcoSport SUV launched at a starting price of Rs 5.59 lakh The compact SUV will take M&M's Quanto, Maruti Ertiga, Renault Duster and it will also try to wean away premium hatchback Hyundai i20. Google to float helium balloons over rural India for internet connectivity The plan is to have balloons floating at an altitude of 20 km beaming connectivity to areas that are not served by traditional networks.

Editor's Pick Uttarakhand: Modi led rescue efforts are not publicity gimmicks Madhu Kishwar's take: Those who call Modi a Rambo or a publicity-hungry politician have no clue what they are dealing with. How India can take on China in Big Oil and Africa India does not have the right to ship back an equal quantum of LNG from Mozambique, commensurate with the companies' stakes. After eight years at Nokia, D Shivakumar turns his back on telecom Nokia veteran D Shivakumar wants to venture beyond telecom after an 8-year stint and says exit has no link to 2,000 crore tax notice. India & the $20 tn opportunity in 12 disruptive technologies McKinsey recently identified 12 technologies that could lead to a $20 trillion to $30 trillion economic impact on the world in 2025.

Most Popular This Week Here are India's best companies to work for; Google tops list How Tehri dam held Ganga and saved Rishikesh, Haridwar Out-of-work CEOs land new roles in no time on demand for top talent Workers strike at Bajaj: Union demands 500 equity shares How KPIT Cummins is transforming into a billion dollar enterprise

Story of The Week Rupee likely to touch 61-62 vs US dollar After consolidating in a narrow range, the Indian rupee finally breached its key psychological level of 60 in trade on Wednesday. read more

Money Buying a property just got a bit more cumbersome Effective from 1 June 2013, taxes are to be deducted at source ('TDS') on payments for the purchase of immovable property @ 1 per cent. Where to invest the money lying in a savings account Arpita Kumar should understand that by leaving a large amount in the bank savings account, she is earning only 4%, which is much lower than the rate of inflation.

Stock Round Up Sensex zooms by 520 points as energy sector shares rally Sensex today jumped up by a staggering 520 points, its biggest single-day gain in 22 months, to close above the 19,000-mark.

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