Ramco manages a coup, ropes in Dell as Cloud computing product mkg partner

In a coup of sorts to Chennai-based cloud-solutions provider Ramco Systems, Dell has agreed to offer Ramco’s ERP cloud solution to its mid-market clients. ERP or enterprise resource planning helps big organizations and companies manage their resources and assets by tabulating and generally keeping track of assets, people and inventories. It helps companies figure out […]

CII calls for immediate announcements on FDI, taxes, policies to perk up sentiment

The biggest industry association in India, the Confederation of Indian Industry, has called for urgent announcements to boost ‘sentiment’ in the Indian economy and reverse the downward slide in the indices. The CII’s statement came after the latest numbers showed that industrial production growth rate slowed to just 0.1% cent in July due to poor […]

Industry disappointed, analysts shrug after RBI keeps interest rates unchanged

Industry has expressed its disappointment at the Reserve Bank of India’s decision to keep key interest rates unchanged, calling the move “deeply disappointing.” The Assocham, which represents several big basic industries and manufacturers, said RBI should have made more money available for companies so that they could produce more, and bring down prices. “The only […]