The US, which witnessed one of the worst economic crisis in recent times, is coming out of recession faster and stronger than many countries of the world, a top Obama Administration official has said. “The economy is definitely getting stronger. We’re coming out of this stronger and more quickly than many people expected, and stronger [...]

IT major Infosys Technologies today said it hired 9,313 employees in the fourth quarter while the net addition after taking attrition into account was 3,914. “During the quarter, Infosys and its subsidiaries added 9,313 employees (gross). The net addition during the quarter was 3,914,” the company said in its financial statement. As on March 31, [...]

An Indian, Ajay Banga was today named as the Chief Executive Officer of Mastercard. The credit card company named Banga to succeed the current CEO Robert W Selander, who will stay on as Executive Vice Chairman and Board Member until he retires on July 31, the company said. Banga joined Mastercard Inc. in 2009 and [...]

Delhi with its rich heritage sites, modern health care centers and swanky business hubs emerged as the favorite destination among foreign tourists including business travelers in 2008, a study has revealed. According to the latest data on state-wise tourist arrivals available with FICCI, a total of 23.4 lakh foreigners visited Delhi in 2008. The total [...]

A windfall awaits those looking for lucrative employment avenues with just four sectors –IT, telecom, banking and healthcare — expected to generate over five lakh jobs by March next year, experts said. According to experts at various global consulting firms, financial year 2010-11 comes with huge job opportunities across sectors and different hierarchical levels in [...]