Professionals working in the Gulf have been hit hard by the downturn, with almost two-thirds not receiving any pay hike and one in ten losing job this year, says a
Hardware and software were two biggest security spending areas for the companies
Indian companies are likely to spend less on IT security this year.
Employee costs for companies go up 8.23 per cent in the first quarter
The turmoil in the financial market may spell good news for the outsourcing cos.
The market response to the government package has been mixed.
Likely impact of a synchronised downturn in the US, Japan and the EU on India
The IMF warned on Saturday the world’s financial system
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