Online career and recruiting firm Monster Worldwide has said it will buy Yahoo!’s jobsite HotJob for $225 million in cash. The companies have also entered into a three-year ‘commercial traffic agreement’ in which Monster would become provider of career content on Yahoo!s home page in the US and Canada. The transaction is expected to close d […]

Japanese electronic and entertainment major Sony Corp today posted a gain in net income at 79.2 billion yen ($870 million) for the period ending December 31, 2009 on account of a robust growth in PlayStation 3’s sales. In the year-ago period, the company had a net income of 10.4 billion yen, Sony Corp said in a [...]

If you aim for the sky, you may reach the treetops - and that may well be true of the Indian IT-BPO industry. The 1999 Nasscom-McKinsey report, which fired India’s IT ambitions then, had fixed a target of $50 billion in IT auto insurance quote and BPO exports by 2008. Slow but steady The expectations were set [...]