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Genpact Schedules Conference Call on August 6 to Discuss Second

Genpact manages business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform. Genpact helps companies improve the ways in which they do business by applying Six Sigma and Lean principles plus technology to continuously improve their business processes. Genpact operates service delivery centers in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the United States. For more info: www.genpact.com.

Forward Looking Statements

This news release contains forward-looking statements, as defined in the safe harbor provisions of the U.S. more

Business of terror hits Surat's diamond economy

This could lead to losses up to 30 per cent and the diamond business community has decided to go for a bandh which could lead to losses worth Rs 200 crore.

“Surat Diamond Association has decided to shut down the market for a day. We are also thinking of installing CCTVs," says President of Surat Diamond Association, C P Wanani.

But it was business as usual for diamond processing units in Rakiyal and Bapunagar in eastern Ahmedabad, which were some of the targets of Saturday's bomb blasts.

“People have got back to their normal lives," says MD, Gitanjali Group, Mehul Choksey.

However, things are difficult for the hospitality industry in Ahmedabad. In the last two days , hoteliers have seen up to 60 per cent cancellation and the restaurant business has been affected by up to 80 per cent. more

Business Day to pay costs of NIA action

Business Day has been ordered to pay the costs of a National Intelligence Agency (NIA) application to block publication of a sensitive document, Intelligence Services Minister Ronnie Kasrils said on Tuesday. He said in a statement the Johannesburg High Court ordered Business Day not to publicise the document or any part of it. It also ordered that no other person was entitled to possession of the document or to publicise its contents without the NIA's authority and permission. Welcoming the finding, Kasrils said that although it was important for the public to have access to state information and the right to media freedom, there were clear constitutional and legal requirements concerning classified state information. "The intention of Business Day to publish classified information is highly unacceptable and unheard of in democracies anywhere in the world," he said. more

Moscow most expensive for corporate travellers - HRG survey

HRG says this highlights the need for businesses to secure a comprehensive and effective Hotel Rate Program.

The results show that corporates appear to be travelling smarter as they look to control travel costs and maximise their return on expenditure. A slight decline recorded in the average length of stay highlights this point, as business travellers look to reduce accommodation costs or where possible find alternatives to travel: one day meetings, video conferencing or reducing the frequency of trips.

This trend is further reflected by the growing number of companies travelling to emerging economies, as an increasing number of businesses transfer elements of their business to exploit lower operating overheads. These markets are expanding to meet demand. more

High-speed broadband vital for low carbon future: Expert

It is clear that Australian businesses and their staff are increasingly seeing the tangible benefits of telecommuting to their hip pocket, productivity and lifestyle.

In the July 2007 Sensis Business Index, 22 per cent of businesses surveyed reported that they, or their employees, teleworked and that it was having an overwhelmingly positive impact on their business. Business owners cited improved flexibility for their employees, the ability to access information from anywhere, time saving and improved productivity as the top positive impacts of teleworking.

And numbers look set to grow, as a just released CNET survey of 1000 businesses, published in today's Daily Telegraph, found 57 per cent say they are giving their staff mobile communications tools so they could work from home. more

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