The Indian IT industry, which rose to prominence in the last decade, is in the middle of a rough patch; it is experiencing problems that are unique and prolonged and have the potential to disrupt their very business model. IT outsourcing majors like Infosys (NYSE: INFY) and Wipro (NYSE: WIT) are already feeling the heat of it. Although both companies seem to be safe, how much longer will that last more »
The growth story of India which took a back seat in the last couple of years is set on its path for a trend reversal with India opening up its gates for Foreign Direct Investment in Multi brand retail. But this move by India will undoubtedly benefit world major retail stores with Wal-Mart among the biggest beneficiaries.
A deep dive analysis of this proposal would bring to light that Wal-Mart more »