We do not want to grow at any cost: Siemens’ Sunil Mathur

Engineering firm Siemens Ltd is being cautious on accepting new orders after seeing payment delays because customers, mostly building infrastructure, are stressed due to a faltering economy. Sunil Mathur, the German multinational’s new chief executive officer in India, said in an interview that there is much pressure on capital goods firms, but things will improve when India regains…

Foster + Partners’ Apple Headquarters

Foster speaks out about Apple HQ job Norman Foster has spoken about working with Apple co-founder Steve Jobs on the new HQ for the technology giant The head of London-based Foster + Partners said on a video shown to Cupertino City Council that his involvement in the mega project began four years ago. He recalled…

India’s green IT & sustainability spend to touch $29.2 bn

India’s spending on green IT and sustainability initiatives will rise nearly 18% to $29.2 billion this year, research firm Gartner said today. As businesses and investors in India are slowly waking up to green and sustainability issues, government policymakers are pushing for changes that will probably set the tone for sustainable, low-carbon economic growth in…

India to benefit from SMEs deploying IT: study

An increase in the adoption of technology by small and medium enterprises (SMEs) in India can add $56 billion to the country’s economic output and create more than one million additional jobs, said a Microsoft-Boston Consulting Group (BCG) study released on Tuesday. Nearly 90% of SMEs in India have no access to the Internet, compared…