UwidoNews

Indicating an improving job market scenario, the American companies saw the smallest decline in employment in two years with companies cutting an only estimated 22,000 jobs in January, a report says. As per business outsourcing solutions provider Automatic Data Processing's national employment report, non-farm private employment decreased 22,000 from last December to January on a seasonally adjusted basis.

The economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded, data showed on Thursday, unofficially ending the worst recession in 70 years.

Companies in Asia are set to offer bigger pay rises next year as the region continues to rebound from global recession

Central Board of Excise & Customs (CBEC) circular that clears the air on utilisation of central value-added tax (Cenvat) credit is expected to lead to saving of crores of rupees by Indian companies. This clarification could not have come at a better time, as most companies are reeling under the pressure of recession.

JAPAN, the world's second-biggest national economy and Australia's largest export market, has fallen into recession.Though its Government has warned of recession risks for the past three months, the worldwide slump is hitting much harder than previously anticipated.

China plans to launch a trial program to allow local accounting firms to audit H-share companies, as part of efforts to lower costs for Chinese companies that are listed or plan to list overseas, the China Securities Regulatory Commission and Ministry of Finance said Monday.

ndia Inc believes the move by the Barack Obama administration to reduce tax breaks for US firms that ship jobs overseas will hit American companies more than impact on the Indian outsourcing industry.

“It’s a more US-US issue rather than one aimed at stopping outsourcing, or off-shoring, or anything to do with India,” said Som Mittal, president of the National Association of Software and Service Companies (Nasscom), a representative boddy for the industry.

Headquartered out of Sweden and a world leader in communications networks, related services and handset technology platforms across 125 countries. They are one of the few companies worldwide that can offer end-to-end solutions for all major mobile communication standards.Investing heavily in the

To continue to hire and create jobs in line with recovery and growth of the Indian economy.Global software giant Microsoft today said it might dismiss more employees if economic conditions worsen.The company plans to dismiss 1 per cent of its 5,000 employees in India, part of a plan to shed around 5,000 jobs globally.